FOREX VIDEO REVIEW: London Session February 10, 2009

Posted by - 13/01/10 at 07:01 pm

London today opened with the British Pound/USD pairing stuck in a little triangle, price trap. Just as London opened it seemed to breach the upper resistance of this trap , but quickly proved to be a fakeout when we awaited a pullback. In this video I show how, in great detail, how we were able to stay out of the long, and build a solid tradeplan on the break either way of the trap. Sure enough we got a break on the next test of the bottom, awaited a Fibonacci pullback to the now broken …

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FOREX VIDEO REVIEW: London Session February 10, 2009

This entry was posted on Wednesday, January 13th, 2010 at 7:37 pm and is filed under Currency Trading. The entry is tagged under , , , , , , , , , , , . You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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