At the open of today’s European session, major central banks announced a coordinated move to improve liquidity conditions in the global financial markets. The EUR/USD rose in response and managed to break above resistance of the 100-pip range which had defined the pair’s previous 12 hours of price action. A 100-pip trade was the outcome for traders who executed a long trade entry at the re-test of resistance, then took profit at the daily M4 pivot point.
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3 Responses to “Forex Video | London Session Review | September 18, 2008”
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Re London 9/18 video w/Kurt W.(fxstreet):
Kurt this video had such clarity - it was explained absolutely perfectly and the technicals and logic of the trade were very easy to follow. Thank you for enhancing my knowledge of forex analysis.
Thanks Curt, the video was well put together. The detail and explanation you gave about the trade was excellent.
Great video!