ilmscore | Prediction Details
"but if we head to the euro pound and the reason I'd like to share this with you guys is because this was an example of a technical strategy that I already use combined with the news that caused a very nice trade so if we head back out to the hourly chart which is where this position was taken so this trade was actually taken right up here using an entry reason that I teach over at the EAP and this is what I was talking about when I said combining the news with the strategy or strategies that you already use so previous OB l in my trading I as I've said would try to avoid news events altogether and at this point in my trading after a lot more experience and knowledge of the market I actually look forward to news events and because often times the news event will push the market in the direction your technical analysis or your strategy is telling you the market should go and that's exactly what we had happen here on the Euro pound we entered this trade as I said based on a entry reason taught over at the EAP and this trade was also entered on the day of the Euro interest rate decision and as you can see this Market has pushed down quite a bit since then we've already hit first and second Targets this last part of my position that you see is still on the screen is just an extra position that I like to let run and see how far it will go so for our second Targets on this trade we actually hit about 200 Pips"
By The Trading Channel (The Trading Channel) | January 27, 2017 | Pending
From video
How to create a news based trading strategy ( Free Strategy ) 00:10:46 - 00:12:22
Interpreted Prediction
A technical strategy on EUR/GBP, combined with the Euro interest rate decision news event, resulted in a successful trade where the market moved down significantly, hitting approximately 200 pips for the second target.

Prediction Details

Ticker
EUR/GBP

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