Analysing the financial markets for opportunities in the London session. First of I'd like to say I'm not a financial advisor so please of you're going to copy my trades please do so at your own risk.
Scanning through the markets this morning and going through our confirmations, we have noticed a few trades but stand out. But one in particular is GBPCAD. Meeting all of our confirmations which we look for when taking a set up.
I then went across to ForexFactory.com To see what upcoming news we have for the day and something that caught my eye was. Up coming CAD news at 3:00 and 4:00pm UK time. So with this I'm hoping that, it will stay in our range come down to activate our pending buy limit. Then with the news it will give us a big push to the upside to capture our target of liquidity. There's a few things I'm looking at this morning but this one stands out the most to me. I'll be back at 12:00pm UK time for the NEWYORK session. See how the trade is getting on, whether another trade is looking cleaner to take and market direction for the rest of the day. Enjoy your morning people :)