All Blog Posts Tagged 'failure' (3)

Forex Price Action Setup - AUDUSD Failure Point Just Below Aug 9th

*I've been gone for 5 weeks on vacation but am now back writing from command central so expect articles daily from Sun-Thur from here on out along with bonus articles on Friday.

 

AUDUSD

Since the 20th of June, the Aussie has been in an upward sloping channel which has been rather orderly making a touch on the top and then venturing to the bottom....until recently. Lately, it has been hanging around the upper band of this…

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Added by 2ndSkiesForex on August 9, 2012 at 1:09pm — 2 Comments

FOREX VIDEO - London Session Review - January 10, 2012

While we have all be shorting the Eur/Usd for weeks, this week we expected a return to some Fibonacci pullback zones to begin, the first of which being back to the Daily 5ema (also 38.2 fib pullback of the last 4hour swing). In this video I layout what we were waiting for just after the London market open as our first clue to take the scalp long, along with how we determined target, stop/risk, and ultimately what caused the trigger to be pulled. This was only intended to be a scalp long with…

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Added by FX BOOTCAMP on January 10, 2012 at 12:29pm — No Comments

FOREX VIDEO - London Session Review - October 18, 2011

After a very strong USD day yesterday, we found ourselves pretty much in position as the European open began for a continuation attempt as Asia had faded us back up near resistance.  Sometimes, however, an area we plan as a resistance/entry zone is cut short only to try and leave the gate early along with empty handed traders needing a tissue. In this video I display in detail the clues that I personally saw to cause me to take an entry roughly 20 pips prior to the zone I had originally…

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Added by FX BOOTCAMP on October 18, 2011 at 12:49pm — No Comments

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