FOREX VIDEO - London Session Review - April 14, 2010

As we reviewed the charts today prior to our London open, it did not take long to realize that many of our pairings were in a bit of a consolidation period coming into th London morning. These ranges however had indeed been tightening as London neared, and looked poised for a possible breakout sometime between London and the New York morning. As it turns out London itself turned out to be a lot of entries, but very few pips, as nearly everything we took started up 20-30 pips only to end up stopped break even. Wonderful day for a scalper or price scaler maybe, but not for sustainability. However, in this video I highlight one such trade plan that took nearly all night to finally start to pay off something substantial and that was the EUR/GBP. As discussed in the video we found ourselves in a tight apex which finally had a break below the support, and then it was just a matter of awaiting the pullback that actually offered 3 opportunities for one to enter before getting a move on. Hey take what you can get ya?!

FXBootcamp London Currency Coach-
Christian Stephens

Category:

Education

Tags:

• EUR/GBP
• price
• trap
• 21ema
• 200ema
• consolidation
• trendline
• breakout
• pullback
• Fibonacci
• patience
• CPP
• gap
• London
• Forex
• FXBootcamp
• Christian
• Stephens

[RutherfordClubb139]

Download the audio from this track at searchripgrab doht cohm.

[givelord]

Another good video with good explanation of trend line, pivot point, Fib... Thanks Christian

[meihuilin]

Great Video!

[maani1972]

Great, thanks!

[kjguest30]

Cheers Chris