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In contrast to range-bound conditions seen in today’s previous sessions, a breakout move by the British pound at the New York open, a surprise rate cut by the Bank of Canada, and a rally in US stock indexes at the New York equity market open brought the foreign exchange market to life. Conservative trade entry [...]
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During Pre-London we some some strength in the British Pound, the Euro, and some weakness in the Japanese Yen. While there were some very nice trade plans that followed through nicely throughout the London session in with all of these currencies in this video we focus on the GBP/JPY long, that was indeed a rather [...]
FOREX: A review of moves made on the GBPJPY as outlined in the July 6, 2009 Video.