FOREX New York Session Video July 12, 2007

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Uploaded by on Jul 14, 2007

Today featured trade balance news for the United States and Canada. The U.S. news was not enough to propel the euro upward -- with the prevailing trend -- above a psychological figure and m4 pivot point to a new all-time high, so the currency pair fell instead to provide a short trade opportunity. The Loonie, on the other hand, did make its break in the direction of the prevailing trend. The USD/CAD retracement gave traders multiple entry options, and the "ride the 5" journey through the London close for a 25-pip profit looks easy in retrospect, but was actually a 3-hour test of discipline and patience.

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  • Great video, thanks!

  • Alot of detail. Thanks Curt.

  • very good, thanks very much. I'm watching the reviews every day. I hope I'll become bootcamp member very soon.

  • One of your best videos yet, Curt. Well done.

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