DislikedThose bar lows at 1.6520 stick out like a sore thumb, you're right. If I was in this at the very least I'd probably be break even by the time we hit 1.65 I've been so influenced by mbqb11's emphasis on the big rounds so I try not to trade into them if at all possible.
I took the big BEOB and got out at break even on that one.
I passed on the CADJPY and am a little annoyed that out of the two gbp BEOBs that I chewed over, I took the GU and passed the GCAD. Still, tomorrow's another day.
Dailies have not really excited me for a while because...Ignored
As for the gbp/usd, are you talking about the 4 hour chart? I'm not seeing anything like that on the daily.
And for the gbp/cad, that was based off the initial I4B on the daily 2 days ago, which was followed by that bearish pin. That's a classic setup. I was talking to Roger (Kissfan) just the other day about these. The IBs will break initially to one side in order to gain momentum to break through the other side. That's why I always looks for a close above the area of the IB bar. These IBs have been monumental to trading this past month or so. I'm still testing them on every pair I trade and I haven't seen one pair that doesn't do too hot.
I'm also damn surprised the E/U moved up again. I guess that's why I'm not in a trade on it. lol
I dream, therefore I become.