FOREX VIDEO – London Session Review – August 28, 2009
25 Jul
Today the EUR/GBP and GBP/CHF 2hr macd divergence we have seen for over a week finally was followed up by some lower highs on the EUR/GBP and higher lows on GBP/CHF. Hinting Strongly at minimum of a 21 ema pullback on these long term charts was about to occur. This meant essentially we had technical reasoning to go Long British Pound Sterling against all comers all night long at any support possible until either resistance was hit, or failure in the form of 1-2-3 pattern’s etc. There were high quality long entries on GBP/USD, GBP/CHF, GBP/JPY, and short on EUR/GBP well into the pre-London session. These parts all offered again high quality pullbacks as the London market opened around 8am London time. In this video I focus on just one of these pairings, the GBP/JPY. I show in detail the divergence we spoke of that led us to believe Sterling strength all night would be the theme, along with complete details on how we put together a ‘Reload’ of the GBP/JPY long off a double bottom 61/8% Fibonacci and other overlapping support. I also discuss how we planned our profit takes, and determine where this trade might go. Excellent night overall, nice GBP basket trades that really cleaned up tonight, could not ask for a better way to end the week. fxbootcamp London Currency Coach- Christian Stephens
Great video, thank you!
Entrance to the DBL double bottom and Chris a great exit strategy. . . always liked your vids
Chris gr8 stuff I slept forgetting one of the nuclei. need UPS to confirm this review in the crowd. thnx gerard
Clear communication is a minute of clear communication or fifty minutes. This presentation is neither clear nor concise and failure as a success under the guise of complication is seen to distort reality! Improving communication is the only real solution!
Thx for your efforts, Chris! Not everyone needs to understand everything in a YouTube video about 19min.
Many of congestion on the charts with moving averages, B. b. Fib. Bad packet mapping. From front to back with different schedules. Bad teachers.
Thank you Chris outright
Oh, yes, but it works on 2 things, there are good writers, and there are technical writers. So there are moderators good, and there are technical facilitators. Engineers are often delights in Tech Talk. DOS was the proof. But books like “The Elements of Style”, one learns the art of communication!
I guess it works on two things: 1 That I want a pro meteorologists? 2nd I’m on a train?
Thank you for the trainer to answer. . . Ive gotta start attending your session öfter.Callahan
It’s like a weather report for the pro-meteorologists, however, lack of planning, discussion and a full load of speed Table ADHD techy talk and he jumps make it impossible to trace where it goes. This is not just a problem for foreigners. But as long as other “meteorologists” can occur at this chaos, there is no need to change for reasons of clarity and precision, is it? “If you’re not going to not get them in time! Not our problem, we all know what it means, and that’s all that matters.”
Thank you Chris. Clear and precise as usual. Always an education watching your videos.
You’re right, I spoke too soon. It’s something I’m not sure if I went completely change everything about me, my brain is still faster than my mouth. Sorry for that, I hope you can help us in my workouts as soon as I speak sometimes extrahieren.Chris
We thank you not to surrender, but the illusion, I certainly miss you, I take a lot more than I miss. However, if you build your love for the day on the overall analysis just at the beginning of each of your trading sessions, you can here a lot, “Tune in” every movement of the pair (s) you plan . What keeps you ready for anything.
Thanx
Chris how do you do that. Man you’re like a man with a flashlight in a long dark tunnel. They account for all missing as well and all that in a period of time. Excellent! Callahan
Very Good. . . would give me but please only speak a little slower? For example, some people have not thought about the English language was born. Sometimes we hear (or should I say, trying to hear), I must die feeling pushed a gun. TIA
Cheers Chris, have a great weekend!
thx
Good video, thank you
Great video, thank you Chris