FOREX London Session Video October 17th, 2007

Some quality bounces at key levels on many pairs occurred during the end of the Moscow session. However, there were still a few decent trade setups that presented themselves after the initial bounce entries. In this video we breakdown how we developed a trade plan live, to place an entry within a continuation of the AUD/USD pair to the upside. While the initial indicators offered a nice entry, price did get sluggish over the next 1-2 hours, so patience and discipline were very key. During this time a key piece of technical data kept all of us in the trade which had a near immediate payoff right after. Depending on exit strategies this trade netted at least 60-70 pips and many are likely still in this trade during the production of this video. Go go Aussie!