Friday, October 10, 2014

Watch as GBP/USD Triggers the Stops We Identified 15 Minutes Ago in Previous YouTube Video

Our YouTube video shows how stops were triggered at two key GBP/USD levels we identified 15 minutes earlier in our previous YouTube video, FOREX Trade of the Day: Sell EUR/USD.

In today's FOREX Trade of the Day: Sell EUR/USD YouTube video, we looked at a profitable short position in EUR/USD. We also identified the same "intraday USD strength" trade in real-time in USD/CHF (long), GBP/USD (short), and NZD/USD (short).

We identified 1.6088 and 1.6056 as key levels after 1.6088 was given and but before 1.6056 was given. We identified likely stops below 1.6056 and in our most recent YouTube video, we can see how those stops were elected and triggered.

We can easily see how these stops were reached in the screenshot of our GBP/USD 5-minute chart below.


GBP/USD depreciated another 13 pips after 1.6056 was given.

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