Forex Video Pre-European Review – March 15, 2012

by FXChris on March 15, 2012 Do you like pips right away to start your day? When we opened class today in the Forex trading room we were only minutes away from a potential entry on the Eur/Usd. So we quickly went over the state of the USIndex and Eur/Usd, and got long a higher low based off the plan we extracted from it for couple hours cashing 45-50 pips depending on entry. In this video I show why we expected this pullback in the first place, and why I exited where I did. In addition, I go over briefly a Eur/Gbp plan we put together, as well as a higher quality Gbp/Jpy trade plan that we had to wait for but eventually kicked out an 80 pip gift to us. These trades were primarily put together using Fibonacci retracement levels, correlation, 5ema, daily chart, pivot points, 21ema, role reversal, and the all important Time of Day (moneyflow baby). A lot more went on tonight that what we talk about here but these two trades alone were 120-130 pips, who Truly needs more than that daily anyway. Enjoy.

Want to join us in the Forex trading room at SmartPip? We would love to have you, join us at the SmartPip Forex Trading Room. We setup trades daily in a pre-European live Forex trading room M-F 0600-0800GMT. We also do private coaching by request, and have an active forex forum.

Christian Stephens
@FXChris pre-European Analyst/Trader/Coach

{ 2 comments… read them below or add one }

Kestas Fx March 15, 2012 at 8:34 am

As usual, very well planned!

FXChris March 15, 2012 at 3:18 pm

My pleasure, it was a fun day overall, especially later with the yens.

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