FOREX London Session Video October 18th, 2007

Swissy, some commodity, and yen related pairs had some nice movements throughout the Moscow/London sessions. However, in this video we highlight how we put together 3 different trade plans on the GBP/USD after the much better than expected British Retail Sales report was released at 4:30am EST. With Capital Preservation our number#1 goal at FXBootcamp, I think it is important to focus on trades that do not always work as planned along with the successful ones. With proper trade management, even with a trade not working out, 'Break Even' is often as bad as it will get. B/E is not a loss, and people should be proud of themselves for properly managing each trade.