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London started today by showing strong stings of continuing the Asian upward direction on many pairs. However, we found ourselves directly on resistance as the London Market itself opened for business, which generally leads to selling, at least on the short term. So while our daily outlook for the overnight session was continuation for many pairs, short term scalp opportunities on pullbacks definitely looked to exist. We focus on one such opportunity in this video involving the EUR/JPY. While the pre-London scalp worked fine, the London open entry ended up being a dud. This video was made to show you that not every plan works as intended, but if you enter your trades properly, you can usually walk away from even a failed trade with a worse case scenario of break even, or maybe a handful of pips. This is why patience, discipline, proper risk vs reward ratio’s, and ultimately Trader Psychology is are such important elements of a successful trade of anything, not just Forex. FXBootcamp London Currency Coach- Christian Stephens

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

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 the London session began today we were showing signs of the EUR/GBP challenging it’s previously broken resistance as role reversal support. Sure enough we did indeed break it halfway into the London morning. This also popped the GBP/USD to a higher high of it’s recent range, along with GBP/JPY and the GBP/CHF pairs, everything GBP basically. While all of the aforementioned pairs offered decent trade plan/set-ups this video I focus entirely on how we built the plan on the EUR/GBP, waited for our entry criteria to be met, then pounced on it once this criteria was achieved. Very successful day buying the British Pound, but one HAD to have patience early on in the day, as we were in a range for the first couple hours of London today. fxbootcamp London Currency Coach- Christian Stephens

The British Pound Sterling opened today’s London session looking very tired to the upside, showing things such as continuous lower highs on the GBP/USD, and higher lows on the EUR/GBP. The ‘Cable’ seemed almost destined to tag it’s 4hour 21 day exponential moving average, all we needed was a reasonable trade plan, and entry criteria with a proper risk vs. reward ratio to get us in, that we could live with. In this video I highlight in great detail, how what we spotted on the daily and 4 hour charts at first, led us to identifying a quality price trap on the 15 minute intraday chart at the London up. Then ultimately used one final lower high on a small 1 minute chart to prove our direction, build a plan, and take a Fibonacci pullback after the break of our trap for some nice pips. There was indeed volatility today, and one’s total success certainly depended on profit taking practices. However, we did indeed ultimately reach our price trap projection, along with the 4hour 21ema before a solid round of profit taking began. Patience and discipline were the key here, while a price ‘chaser’ would have gotten creamed today, the pullback trader became well fed. fxbootcamp London Currency Coach- Christian Stephens

The Eur/Jpy today finally reached it's 200 day moving average along with an overall 38.2 Fibonacci level overlap in the same area, going back to last year's highs around 170. Hitting this kind of overlapping resistance gave good reason to look for some nice decent quality short entries, taking advantage of some profit taking from the recent rise. While this move did begin prior to the fxbootcamp London session open, it still offered a quality entry off the lower highs that were presenting themselves all night. The short ended up hitting our immediate target of the hourly 21 ema, for 115 pip or so profit off our last entry, more if you got in pre-London. In the video I highlight how were able to identify a high probability low risk scenario all the way to the pip, giving us a ridiculous 7 to 1 or so reward vs. risk, hard to ignore. fxbootcamp London Currency Coach- Christian Stephens

While Asia into pre-London offered us a fantastic short term GBP/JPY pullback long off of a weekly m1 reversal pivot point, London was setting up to offer us an even better reload to the downside direction that our Daily trap break began yesterday. In this video I discuss in detail how we pre-determined the area we were looking at as resistance, how we isolated that region, and ultimately what we looked for specifically to enter the short with confidence, all while keeping risk as low as possible. This trade worked fantastically, partially helped by negative GBP Retail Sales news later on, and if you kept it long term continued well into the NY open. Fantastic trading week for sure, have a great weekend! fxbootcamp London Currency Coach- Christian Stephens

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 …

Normally when I make a video I focus on a complete trade setup, start to finish, that we 100% planned/executed in the London session classroom, I do not like to make a video’s on things I did not cover totally live in the classroom. Today however, by member request, I am making a video on a GBP/USD short trade plan that I planned and executed prior to taking the London microphone. Although we did have some minor short term reload activity during the London session, this video is meant to …