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Charts247TradingAcademy

Portfolio Selection and Trade Execution - Know what to trade

British Pound / U.S. Dollar (OANDA:GBPUSD)  
Charts247TradingAcademy  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Fibonacci Chart Patterns
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trendanalysis fibonacci chartpattern
Today we are using the trend scanner to determine which pair we want to trade. the scanner was run on the 15 Mins(Major TF) and the M1(Minor TF). The idea is to trade in the direction of the major TF when the M1 is showing an opposite direction OR the price has been discounted.
We will only trade in the direction of the trend if the trend has not been violated.
Below are the pairs selected using the scanner:
EURUSD,GBPJPY,GBPCAD,GBPUSD,USDCHF,AUDCAD,AUDUSD
EURAUD,

We are trading the GBPUSD Long!
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