Video Trade Journal by 
Here we are on the Monday right after the British Pound dove off a steep cliff. In addition, London’s time changed so that London open does not correspond with the normal London open for US traders, that goes back to normal Sunday when US times change as well. After such a massive move, we found ourselves in a bit of a range, playing ping pong between support and resistance throughout the first trading day of the week. Likely the best approach for extracting pips during this London session was going to be taking shots right off the tops and bottoms of these definable ranges using shorter term time frame clues ‘Around’ these zones, such as higher low’s or lower high’s. In this video I highlight one such trade plan that we executed in the room together involving the GBP/JPY. We identified a good deal of overlapping resistance around the 150.00 area on multiple time frames, then simply planned a low risk high reward short trade plan if and only IF we got a lower high to work with off this area, using a short term chart to zoom in. Sure enough it presented itself on a 2minute chart, a Lower High, with just 15 pips or so risk (very low risk on GBP/JPY), and a reward likely of 60-70 pips it was too hard to resist. As it were this trade dropped to around 40ish pip profit before pulling back near to entry for one final chance to get in or reload it, then fell for the remainder of the range/scalp trade right to our rising trend line. Hey take what you can get, we were ‘Scraping’ for our pips today, so a 60 pip trade was considered a Monster! =). Hopefully NY will kick it up a notch.
FXBootcamp London Currency Coach-
Christian Stephens
Thanks for reminder on time change.Good macro to micro view to set up trade plan..Keep up the good work.
I like this “lower high from resistance” approach.
Hi Chris,
Like always a very informative video.
However I’ll repeat my earlier comment(in response to 23rd Oct video awaiting moderation)that conviction in planning and execution seemed as an hindsight.I decided to subcribe after watching these videos here.During one month of my membership, none of the coaches talked like this when taking positions.No mention of “took position on this lower high or taking here parial profit etc” was made during live class.I know you guys want to develop members’ insight yet what’s the harm in mentioning these things in live class which you have described here? Otherwise what’s the use of subscription? It would have been better to learn only from the videos posted here.
Apart from this aspect (in my view), you guys are fantastic in teaching,guiding and explaining things during the live session.
I am thinking to rejoin.Hope you will take my point of view into consideration.
Thanks Chris, great trade
Thanks Chris. I did something similar on GBP/USD.
Thank You Chris!
Thanks so much. I love these things.
Thanks, I was in the trade with you for the first segment, fell asleep before the second entry.