www.fxtrainingzone.com GBP/USD short trade based on the 4 hour closing of strong belt holding engulfing candle: – Very Strong 4H close below previous support at the 1.6220 zone. – Large bearish engulfing candle which shows strong momtenum to the downside. – 4H arrgessive close outside of the large box range / consolidation period we have [...]
Posts Tagged ‘GBP/USD’
Forex Trading – Breakout Pattern on GBPUSD
Free Trial of Live Forex Room www.daytradingforexlive.com
FOREX Trading Review Video 1 JUL 10 GBP/USD +251 pips
www.fxtrainingzone.com GBP/USD Long trade based on 21EMA on daily chart & short term entry: -4H closed at bottom of price channel -5M entry based on momentum (fibonacci). – MACD confirmation on 4H chart. – Exit based on 15M chart.
FOREX Trading Review Video 06 AUG 09 GBP/USD + 254 pips
www.fxtrainingzone.com GBP/USD short trade with an early 4 hour entry: – Important long term monthly levels. – 1H price action found resistance off 50% retracement line – Candles showing lack of conviction to the upside. – Monthly 21EMA present
Forex Price Action trading methods – GBPUSD
www.learntotradethemarket.com Using forex price action