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FX Bootcamp Blog - Video FOREX Trade Journal

FOREX VIDEO REVIEW: London Session March 5, 2009

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by on 03-05-2009 at 01:39 PM (458 Views)
Pre-London gave us some clues, along with one trade that ended up stopped out break even on the GBP/USD pairing. We had many clues of an impending rise, at least on the short term. In this video I show in detail how we planned, and ultimately confirmed our entry reasoning/criteria, primarily using Fibonacci, 21 ema’s , macd, stochastics and higher lows. Also, why we took significant profit pretty much exactly at what ended up being the top of the move. This top turned out to be a reversal point for the remainder of the London session going into the British rate announcement due this morning. This entire move took place within the first half hour of the London open, a quick 60-70 pips when played properly, nothing wrong with that one day before NFP.

Have a great weekend!
FXBootcamp London Currency Coach-
Christian Stephens

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