Like the EURJPY, the GBPUSD is another market I like to use the 233 tick chart for day trading. Granted, there are other great daytrade timeframes. I recently posted a couple of 5 minute chart tradeplans on the SST Owner’s Club and there are some great rangebar and renko charts too. But old dogs die hard and the 233 tick was one of the pioneering SST forex charts. It still works great and I’m the last person to tell anyone to fix something that just ain’t broke.
GBPUSD; Today’s trades netted +99 pips during the US session, net of spread.