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Trading Strategies Interview with Nial Fuller

Nial Fuller’s Price Action Training – www.learntotradethemarket.com Get Free Forex Trading Training Video Tutorials

Some recent economic green shoots have been turning brown, but not all. Results from the New York Fed’s Empire State Manufacturing Survey in April suggested less bad conditions for a second straight month, sparking renewed pressure on the Japanese yen. Within minutes of the news release, synchronized pullbacks on the yen crosses provided long trade entry opportunities the best of which was a 100-pip scalp on the GBP/JPY currency pair. London close brought another 100-pip trade on a currency pair not known for such moves…watch the video to discover the clues which pointed to it.

Although the EUR/USD continued on it’s merry way downward from pre-London into London itself, one can’t help but look for any clues/opportunities to sneak into a counter trend spot/scalp back up on the EUR/USD at least on the short term. With NFP tomorrow morning, and quite a solid extension this week on the EUR/USD drop, a short term counter seemed feasible. In this video I discuss how we setup for a possible counter trend trade, what we looked for, and how we entered/exited the trade for a 50 pip profit/20′ish pip risk sort of move before the short continued again. FXBootcamp London Currency Coach- Christian Stephens

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Pre-London completed some of our earlier trades going on and finally hit some support targets we had been after on several pairings. So here we were in familiar territory, London open at support/reversal pivot points, pretty much know what happens there, countertrend scalping back to resistance. So in this video I show one of these trades, the EUR/JPY, and how we set it up, why we did, and where the executions here. Ultimately an unexpected news release just before London lunch finished our move to it’s finally target before fully coming back down to the support zone again. Hey whatever it takes =) Have a great weekend! FXBootcamp London Currency Coach- Christian Stephens

London opened today looking very much ready to provide another leg of further retracement on the long term drops we had recently enjoyed on many pairings such as GBP/USD and EUR/JPY. In this video I focus on the trade plan for the flip of the EUR/JPY. The speculative entry off the hourly 21, the short term higher risk Fibonacci entry, and then the more conservative pullback entry plan, any of which paid you 50+ pips with relative ease. FXBootcamp London Currency Coach- Christian Stephens

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