FOREX VIDEO - New York Session Review - February 25, 2010

Wedge play was the key to scoring pips on the GBP/USD currency pair during today's New York session. From resistance to support in a descending expanding wedge, cable dropped roughly 100 pips during the two hours prior to today's London close.

Category:

Education

Tags:

• forex
• currency
• trading
• fxbootcamp
• money
• 4x
• fx
• wehrley

[aasif1900]

I can do a better job at doing technical analysis by looking at 'past data' and pull up all the fibs and moving averages and pivot and go 'wow this is a better entry'. Market does not pause while you are analyzing it. If your company is that good then predict the upcoming market move and let us see if you are correct even 60% of the time with tight stop loss.

[47211]

thanks for the lesson. that was a nice move.