Friday, July 3rd, 2015

FOREX Training Video | New York Session February 28, 2008


Two opposing trendlines converged on the GBP/USD during today’s European session to form a triangle, the apex of which was due for arrival in the early part of today’s New York session. Traders who spotted the setup found a conservative long trade entry after the breakout — in the direction of the prevailing trend and the market’s latest stint of dollar selling — during the hour prior to the start of the session. Fortunately, US GDP news did not ruin a good thing, as the move ultimately produced a profit of between 70 to 80 pips (depending on entry) for traders who exited at the psychological level prior to the European close.

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Comments

3 Responses to “FOREX Training Video | New York Session February 28, 2008”
  1. gman7k says:

    hey guys . . there’s no audio. . . .

  2. gman7k says:

    forget the previous comment

  3. smartforextrader says:

    Thanks for very nice video. Click on my account to see other courses free forex training !!!!!!!!

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