FOREX VIDEO - New York Session Review - August 18, 2009

A report released during today's London session suggested that prices in the U.K. remained broadly flat in July. In the latest spirit of less bad is the new good, the British pound firmed up against multiple currencies. A rather unsurprising US housing starts print sparked a brief rally in the US dollar, only to set the stage for pound bulls to pounce. Those traders who bought the dip in the GBP/USD currency pair during the minutes leading up to the US equity market open, then closed the trade at the hourly 200 ema, realized a profit of roughly 100 pips.

Category:

Education

Tags:

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

[BestGlide]

Curt: Always watch your vids, your analysis is based on good, clear, well communicated trade logic. Thanks for your efforts.

[rbonilla18]

what not a fan of criticism. You should learn to trade on your own instead of following people.

[zaanat]

crack is what you are on to make a comment like that, learn how to be a person first, then maybe you can call yourself a trader.

[rbonilla18]

i have done videos too and i havent lost any trade hahahaha. This crack me up.

[krunoeleven]

Thanks Curt, hope to see more soon.

[TheDystopiaInside]

Good, clear video as always. You give multiple reasons for where and why you believe support and resistance will be, and where and how to spot a good entry.

[porogosh]

Untrue! The UK CPI were expected at 1.5% and came to be 1.8%. Very unprofessional. However, everyone can be the perfect trader on past charts

[SAMMY12161969]

your trade plans sound really good after the fact, i bet mabay 4 or 5 of your members were able to pick up some pips out of it, if that.

[deehouse55]

Hello Curt, Thanks so much

[pwlco1]

Thanks Curt. Good to hear you back on the videos again.

Patrick L