FOREX VIDEO REVIEW: London Session June 26, 2009

Today's London session started mostly ranging with very little clarity of direction on the short term. While we had some opportunities to do some range trading, the London open brought very clear and quick strength to the British Pound Sterling. In this video I show in detail how we were able to determine potential strength in the GBP/USD shortly before it occurred. Also, how we built and followed through on a long GBP/USD trade plan on a Fibonacci pullback after the break, over an hour after it's break. Patience and discipline were needed to await this setup, which ultimately awarded a little over 40 pips before failing. Not every trade runs away, take what we can get when we can get it.

FXBootcamp London Currency Coach-
Christian Stephens

Category:

Education

Tags:

• GBP/USD
• EUR/GBP
• USD
• Index
• range
• breakout
• Fibonacci
• pullback
• Forex
• London
• FXBootcamp
• Christian
• Stephens

[DDDianaDDD]

Great video, thanks!