So I haven't posted anything the last few days because I've been waiting for a breakout in DAX and GBPJPY. That breakout hasn't come yet but it probably will by the end of the week.
However, I did decide to put a trade on. Perhaps I could have been a little more patient but I felt confident enough that we will most likely see a breakout to the upside. Technically, I feel that there is more buying power at the bottoms than there is selling power at the top.
Charts below:
That's it for now. Keep an eye on the charts over the next couple of days. Expect a lot of movement!
Good luck and happy trading.
The Trainee Speculator
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