The Daily trendline on the GBP/USD was under pressure again today, starting back in late Asia into the pre-London session. Then again we found ourselves with some proper Fibonacci pullback entries into the London session, onward past the now broken daily trend line for new recent high’s. In this video I show how we built a couple GBP long trade plans during our London session, as well as covering the more difficult Fib entry at 4:30am, which although technically perfect, was a difficult entry to take since we had GBP news being release Exactly when we are at this point. Yet even after this tough entry, we did indeed get one more pullback opportunity to reload this GBP/USD long, or whichever GBP pair of your choosing. Wonderful pip total day indeed longing the British Pound Sterling! FXBootcamp London Currency Coach- Christian Stephens
FOREX VIDEO - London Session Review - October 21, 2009
Source: blogs.fxstreet.com
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