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Ichimoku Points to a Strong GBPUSD Set-Up off Cloud Bounce
GBPUSD has spent much of the month above the Ichimoku Cloud signaling a Bullish Market for the pair.If price action tips its hat at trend continuation then here are the levels you can focus on to trade. “If you trade Countertrend, you are gambling, and although you will often win and have fun, the math is against you, and you will slowly but surely go broke. Countertrend setups in strong trends almost always fail and become great With Trend setups..." -Al Brooks, Trading Price Action Bar By Bar Trading against the trend can be profitable. In fact, there are times when you catch a counter trend move that so big that ... (full story)
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