FOREX Training Video | London Session September 23, 2008
After an incredible day yesterday things were sort of calm pre-London in a nice 60-70 pip range on the USD majors. We zeroed in on the Eur/Usd, and put a trap/trade plan together. In this video I recap in detail how we were able to take advantage of several low risk/high reward trade setups, the first of which presented itself right as the London Market was opening. If that entry was missed, a quick 1m swing entry presented itself shortly thereafter using a Fibonacci study on the 1m chart. At the same time Oil was breaking a small 5m channel to the downside/bouncing off 4h resistance. This drop was agreeing/helping the USD gain strength, or Eur/Usd falling. We then ‘Fibbed’ entries all night long on the Eur/Usd for pips, pips, and more pips. Fun stuff, another day at FXB. FXBootcamp London Currency Coach - Christian Stephens
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