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August 09, 2007

FOREX London Session Video August 9th, 2007

Nearly every forex pair took off today for a decent ride, most of which starting the moves during the Moscow session. However, using fibonacci retracement levels combined with EMA theory, pivot points, and previous experience, we were able to plan a trade with the USD/JPY as it bounced off a 38.2 fib & 21ema. Whether members chose to only trade the usd/jpy for 80 pips or traded a basket of yen pairs for hundreds of pips it was a fairly classic continuation trade at fxbootcamp.com

Comments

Thanks Wayne for the FOREX London Session Video August 9th, 2007 was very informative.
Do you work out the pivot on weekly basis?

at.

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