Video Trade Journal by 
As has been the theme for a while now, we opened London continuing a long GBP/USD, and long GBP/JPY that began in early pre-London trading. As London opened, we found ourselves retracing perfectly to our Fibonacci retracement zone along with the 15m 21ema. This pullback was happening without actually reaching resistance at 6610-6615 first, so we felt very confident in building a trade plan for longing off support, targeting at least this resistance. To make things even more interest, as depicted in the video, we observed very obvious MACD divergence with price action on bot the EUR/GBP and GBP/CHF 2 hour charts, which both were indicating British Pound strength was likely on the way for a bit. Our first pullback entry netted us maybe 30 pips tops before making an overall lower high and stopping us out +15 pips. In this video I highlight in great detail how we built the next long trade plan for both an aggressive style entry, and a more conservative entry, once we respected support the next time. Sure enough we broke the trap, and ultimately reached our target for a nice 70′ish pip trade for most, and even made it past resistance for those that did not take profit.
The money is made in the waiting folks!
FXBootcamp London Currency Coach-
Christian Stephens
Hello & thanks
excellent vid, as always.. thanks
Your insights into trading methodology are invaluable to me Chris. Excellent video. One of your best!
Great video….thanks!!
Thanks. A good example.
Hi Christian
Great video, the 16541 was also the weekly S1 pivot.
Kindest regards
Kelv