Learn Price Action From a PRO - Click Here to Get Started
 

August 18, 2010 - GBPUSD London Trade

Hello Traders,

This is my trade for Wednesday August 18th. It is a classic London Trade on the GBPUSD. Price looked like it was forming a bottom at the beginning of the London Session. In addition, there were two long wicks at the bottom, possibly hinting that price will go up. Here is what happened:


The final result was a +2.9% gain on the account.




If you enjoyed this article, you might also like:

  1. August 10, 2010 – GBPUSD London Trade
  2. August 17, 2010 GBPUSD London Trade
  3. June 29, 2010 GBPUSD London Trade
  4. July 2, 2010 GBPUSD London Trade
  5. June 29, 2010 GBPUSD London Trade

Leave a Reply

  

  

  

You can use these HTML tags

<a href="" title="" rel=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>