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The euro, which had exhibited weakness against multiple major currencies during the London session, rose during the first 30 minutes of today’s New York session. That rise set up a “sell the rallies” scenario that bearish traders seek, as the EUR/USD found the 21 ema, a trendline, and a Fibonacci retracement level. Conservative traders who sought confirmation of the bounce at those sources of resistance, got it from multiple indicator crosses on the 1-minute chart. The short trade netted up to 80 pips in profit (depending on exit strategy).
Curt Wehrley
FX Bootcamp’s Quantitative Analyst
that was a great presentation. good ideas!!
Thanks Curt. Awesome presentation. Loved the Time Cycle concept, I’ll have to check out that tool on GFT when I get home from work!
Cheers
Congratulations and Thanks Curt. Cristal clear and for “humans”, as you show K.I.S.S. is the best analysis system!!!
Curt. Just discovered these review videos and into my 3rd week! I feel with watching this one that I’ve taken another real step forward in fx. From now on they’ll be part of my day, including the sessions, the training course, and the book…..Cheers!
Thanks Curt - learnt a lot from that session in FXBC , all usefull for future reference
Great video, thanks!