While Asia into pre-London offered us a fantastic short term GBP/JPY pullback long off of a weekly m1 reversal pivot point, London was setting up to offer us an even better reload to the downside direction that our Daily trap break began yesterday. In this video I discuss in detail how we pre-determined the area we were looking at as resistance, how we isolated that region, and ultimately what we looked for specifically to enter the short with confidence, all while keeping risk as low as possible. This trade worked fantastically, partially helped by negative GBP Retail Sales news later on, and if you kept it long term continued well into the NY open. Fantastic trading week for sure, have a great weekend! FXBootcamp London Currency Coach- Christian Stephens
{ 9 comments… read them below or add one }
Great video, Chris. Thank you
THX!
Oh no i´m such an idiot, i missed it…
The whole ride to 144!
Thanx for insight anyway
Thanks great detail step by step planning
Great video, thanks!
Thanks Chris. A detailed description of the trade with strategies I can use in my own analysis of future setups. I very much appreciate your efforts here and especially in bootcamp.
Thank you =)
The Pivot Point Plotter is a plug-in (daily and weekly pivots) and is available to our FXBootcamp member base directly, it is not public domain.
-Chris
Great analysis Cristian, as always! I see you are using the Dealbook360 platform , can you please tell me how you made the pivots visible on the chart and on that little vertical table next to your chart?
Thank you,
Keep up the good work!
Great overview Thanks