FOREX Training Video | London Session June 3, 2008

Published Tuesday, May 25, 2010 By . Under News  


As the London session opened up, the Asian fade had taken the Eur/Usd down to the 1.5520 area. At first as the 55ema on the 15m seemed to take control it seemed we may be about to make some lower lows. However, with the Usd/Chf starting to break down, and the Eur/Usd 1m & 15m charts showing clear MACD histogram divergence at a 61.8 Fibonacci retracement of yesterday's range...a nice long to the 156.10'ish area looked to be shaping up. Using fibs, pivots (daily & weekly), multiple time frame EMA's, correlation with the Usd/Chf, and divergence clues, we were able to pinpoint some nice long entries. Both at the original break area of 1.5530, as well as a quality reload on a fib retracement around 1.5550, then onward to a nice target zone. The same trade was also available in reverse on the Usd/Chf. Depending on entries & reloads anywhere from 60-150 pips (due to reload) were achievable, that works =). FXBootcamp London Currency Coach - Christian Stephens


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11 Responses to “FOREX Training Video | London Session June 3, 2008”

  1. DDDianaDDD says:
    05/25/2010 at 10:49

    Great video, thanks!

  2. beverlyhills1234 says:
    05/25/2010 at 11:49

    Useful

  3. keithdi says:
    05/25/2010 at 12:44

    This video is an excellent recapitulation of your successful application of Bootcamp methodology, Chris. I for one is glad to have your insight on hand. The class has certainly benefited from your insight.

    Thanks
    Keith

  4. fxpro1 says:
    05/25/2010 at 12:58

    Chris good video. Straight to the point identifying targets with good risk verses reward clearly mapped out. Charts were not overly crazy with to many lines on them like some video in the past. Liked how you described the possible reload/2nd chance entry and chickens at R1. lol Ivan

  5. Squeakerbaby123 says:
    05/25/2010 at 13:32

    Another great video Coach Chris- Thanks -
    Pezz

  6. Esmeralda says:
    05/29/2010 at 21:14

    you are a great help.

  7. Gleda says:
    05/30/2010 at 21:14

    you have a good sense of humour.

  8. Clotilde Onishi says:
    06/06/2010 at 21:36

    I'm really proud of you

  9. Fay Cuascut says:
    06/15/2010 at 21:18

    Forex short term trading is the way to go but can be rewarding!

  10. 股票软件 says:
    09/26/2010 at 22:21

    Charts were not overly crazy with to many lines on them like some video in the past. Liked how you described the possible reload/2nd chance entry and chickens at R1.
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  11. wscye says:
    01/11/2011 at 01:03

    Hey Guys, todays reviewsGreat article, it was very helpufl! I just started in this and I'm getting to know Travel Guideit better! Cheers!

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