FOREX London Session Video August 23rd, 2007

On a very active London FX session you pretty much could have focused on any pairing for pips. This is a breakout trade plan of the USD/CAD from the Daily chart channel that has contained price for almost 5 weeks. Using a combination of stochastic crosses on 15m and 3m charts, fibonacci retracements/extensions, pivot points, and EMA's we were able to fairly accurately enter at the breakpoint with minimal risk if we were to be wrong. The result was anywhere from 75-120 pips from the Loonie depending on entry on a fairly fast breakout move.

Category:

Howto & Style

Tags:

• USD/CAD
• Loonie
• London
• FX
• Bootcamp
• Forex
• Breakout
• Fibonacci
• Extensions
• Pivot
• EMA
• Channel
• Moo
• Stochastics

[RACSARGE]

WTF iz up wid tha setup =P lawls

[Scottsignal]

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Goodluck and happy trading!

[Crantube44]

GFT

[welshguy2000]

test

[mujeebyzai]

Thanks for excellent analysis. May I ask what trading plateform do you use? Thanks. 5 Stars.