Although the EUR/USD continued on its merry way downward from pre-London into London itself, one cant help but look for any clues/opportunities to sneak into a counter trend spot/scalp back up on the EUR/USD at least on the short term. With NFP tomorrow morning, and quite a solid extension this week on the EUR/USD drop, a short term counter seemed feasible. In this video I discuss how we setup for a possible counter trend trade, what we looked for, and how we entered/exited the trade for a 50 pip profit/20′ish pip risk sort of move before the short continued again.
FXBootcamp London Currency Coach-
--------- Stephens
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