Very volatile London FX session today, mostly revolving around the Swiss Franc right at the open, and the whole peg or no peg situation. We did manage to catch a couple scalps totaling 150 pips or so from eur/chf and gbp/chf combo, yet you had to really be quick and willing to take larger risk on to try it. In this video though I go over a far slower, much more conservative long on the aud/usd after technical clues of a short term change of trend. Using mostly Fibonacci retracement levels along with stochastic cycles, and general role reversal, we were able to take a low risk, decent reward long near the end of today's London session. Providing 50-60 pips if a scalp, or possibly another 50 if the final spot target is reached as the video portrays. Hope you all had a wonderful trading day as well. If you would like to check us out at FXBootcamp, there has never been a better time, over 12 hours a day of live trading/coaching, for a free tour go here http://fxbootcamp.com/amember/go.php?r=194&i=l1
FXBootcamp London Currency Coach-
Christian Stephens
Twitter- @FXChris
Comment by lancesgreatgear on August 18, 2011 at 2:20am
Comment by FX BOOTCAMP on August 18, 2011 at 4:33am Comment
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