FOREX London Session Video October 18th, 2007

Swissy, some commodity, and yen related pairs had some nice movements throughout the Moscow/London sessions. However, in this video we highlight how we put together 3 different trade plans on the GBP/USD after the much better than expected British Retail Sales report was released at 4:30am EST. With Capital Preservation our number#1 goal at FXBootcamp, I think it is important to focus on trades that do not always work as planned along with the successful ones. With proper trade management, even with a trade not working out, 'Break Even' is often as bad as it will get. B/E is not a loss, and people should be proud of themselves for properly managing each trade.

Category:

Howto & Style

Tags:

• Forex
• GBP/USD
• British
• Retail
• Sales
• Fade
• support
• resistance
• fxbootcamp
• M4
• break
• even
• capital
• preservation
• London

[onokira]

nice analysis, lot of time frame and the things you said just so right, go along with the market!!!

[lgbpinho]

Thanks for those videos =)