GBP/USD was in a very definable price trap during today’s pre-London market. We had a series of Higher lows without any higher high’s. We were approaching an inevitable apex of the small 15m triangle right as the London market was opening. A breakout or break/trap plan was a very acceptable plan to at least the 4 hr 21ema, with a possible overall target with overlapping pivots etc. around 179.15. After the breakout this video walks you through how we step by step ‘loaded the boat’ at each Fibonacci pullback for a nice 70-100 pip trade (not including the reloads compounding effect). This was a very technical trade that could still reach it’s ultimate goal today if Britain does not cut rates today. Another day another set of pips! Have a great weekend folks.
FXBootcamp London Currency Coach-
Christian Stephens
Duration : 0:14:10
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Free Forex Strategy Videos: http://www.forexstrategysecrets.com/jumpstart.html
This is a preview of a free forex trading strategy that we are offering.
We have had very good feedback so far, and are hoping to help many others in their forex trading career with even more forex strategies. Perfect for all skill levels.
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Online seminar about the Forex market and how to succesfully trade using a proven methodology. Presented by The Trading Institute (www.thetradinginstitute.com), this video shows a live trade using the Thinslice Trading methodology, information about the forex, forex brokers, how to trade the market, and forex training and Forex education. To learn Forex and for more info, you can visit the site at www.thetradinginstitute.com or call 1.866.260.9832
Duration : 0:9:54
Online seminar about the Forex market and how to succesfully trade using a proven methodology. Presented by The Trading Institute (www.thetradinginstitute.com), this video shows a live trade using the Thinslice Trading methodology, information about the forex, forex brokers, how to trade the market, and forex training and Forex education. To learn Forex and for more info, you can visit the site at www.thetradinginstitute.com or call 1.866.260.9832
Duration : 0:9:54
Online seminar about the Forex market and how to succesfully trade using a proven methodology. Presented by The Trading Institute (www.thetradinginstitute.com), this video shows a live trade using the Thinslice Trading methodology, information about the forex, forex brokers, how to trade the market, and forex training and Forex education. To learn Forex and for more info, you can visit the site at www.thetradinginstitute.com or call 1.866.260.9832
Duration : 0:9:54
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Duration : 0:2:31
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The GBP/USD pair was sideways for the beginning of the London session with braiding EMA’s. This is fairly normal before any somewhat major news releases, today’s release being GDP at 4:30am NY time. However, the pair took off 30 minutes prior to news making the handling of a news ‘price trap’ trade far more difficult to manage. In this video we show you a few things to watch for to keep yourself out of trouble by chasing price. Then using multiple indicators such as bollinger bands, and various EMA’s, along with a shorter term time frame. Can help you enter precisely with confirmation in the middle of a pre-existing move. As you will see however, proper trade management is also important. As this trade plan reached around 20 pips in profit it showed signs of ending prior to any target. Proper stop/risk management protected us from incurring a loss when a massive reversal took place.
Duration : 0:12:32
