Forex Story

The USD has been showing strength lately I think we can all agree with that. Meanwhile the British Pound has been not only weak but threatening to break a serious looking trendline level on the 4hour/daily charts. This combination of a strong greenback and weak Sterling naturally led us to pay close attention to the GBP/USD pair. While there were quite a few opportunities in every major session to technically get short this pairing today, a fresh short entry in the London session could have …

One day before this months Non-Farm Payroll release, and a European rate announcement in the morning left us with not a whole lot of big movement throughout today’s London market, although we did have some general British Pound Sterling weakness going on. In this video I wish to focus on just one of the trade setups we did tonight, a News Scalp setup following the British GDP news announcement. It was a pretty classic news scalp entry that we take at FXBootcamp all the time, that involved …