FOREX New York Session Video September 10, 2007

The AUD/JPY had been in an uptrend since the early part of the Asian session. During its climb, it broke the 21 and 55 emas on the 15-minute chart, then reached the 200 ema about an hour into the New York session. In that vicinity, the Aussie Yen found more than a 200 ema -- it was also home to a psychological level and the top of the channel. The 3-minute chart provided an outstanding entry, and the width of the channel predicted the ultimate downside target with almost eerie accuracy.

Category:

Howto & Style

Tags:

• Forex
• Training
• Currency
• Dollar
• Money
• FX
• 4X
• trader
• Foreign
• Exchange

[DDDianaDDD]

Great video, thanks!

[Crantube44]

The trade setups you see on these videos are done live in the class. These video's are just recaps for people who either are not members or for members as a refresher. Make no mistake about it though beliefmail, the analysis you see here every day IS done live in the bootcamp room for all to hear and see.

[welshguy2000]

I'm pretty sure this is a review of what they did in the live session - you cant post live content (a real time trade plan) on youtube

[beliefmail]

easy to comment when you already seen what happened, why not do a real time analysis trade plan instead? 1 star.

[welshguy2000]

Kurt - thanx for another great video. I have a quick question, not about the technical analysis but about currency correlation. The trade you showed was AUD/JPY but used the USD/JPY as confirmation of the down move - as USD is the reverse currency of the world, when trading a non major pair should you go back & compare the 1 major with its USD chart? Do you get me?

cheers