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FOREX Trading Review Video 17 FEB 10 GBP/USD +391 pips

http://www.fxtrainingzone.com GBP/USD short trade based on the 5th wave & MACD showing strong downward momentum:
-4H showing lack of conviction to the upside
-4H channel resistance line together with doji formations.
- Price has found strong resistance off the 50% retracement level.
- 1H chart showing confirmation with a lower high.

Duration : 0:8:57


[youtube UCejOhabUNs]

This entry was posted on Tuesday, March 30th, 2010 at 6:26 am and is filed under Forex Trading Education. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

11 Responses to “FOREX Trading Review Video 17 FEB 10 GBP/USD +391 pips”

  1. I have tried to …
    I have tried to find your thread on forexfactory, but find nothing on a search of your name…can you send a link?

  2. No worries :) Glad …
    No worries :) Glad you learn something!

  3. 4H MACD in …
    4H MACD in commercial beta

  4. video is very good, …
    video is very good, do you have a website, or run a course?, please let me know

  5. Thanks Sion!
    Thanks Sion!

  6. Wow, Sion! Very …
    Wow, Sion! Very impressive analysis from Elliot wave theory, to fibonacci, to trend lines, and candlesticks. Thank you for posting. I am subscribing!

  7. Another great video …
    Another great video, thanks sion!

  8. great, as always :- …
    great, as always :-)
    really good trade.

  9. Awesome video thank …
    Awesome video thank you Sionsmith!

  10. Great stuff… …
    Great stuff…thanks for the lesson

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