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1H Stop Run Reversal & Topping Formation – EUR/USD April 17th 2012

Live Forex Day Trade – EUR/USD Short Setup

There was a nice trade setup we were mentioning in the forex forum & I also took a recording of the setup. Towards the end I cover some important topics in regards to the GBP/USD as well. There is a valuable lesson taught with the GBP/USD today…and that is sometimes good forex trade setups go bad.

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After I wrap up the EUR/USD trade setup I discuss why the GBP/USD was a great setup as well. Essentially the same tips we talk about in the GBP/JPY Stop Run Reversal Long recent trade are the same mentioned in regards to the Pound today as well. While both had different end results, both were quality trade setups that fullfiled the bank trading strategy clearly! I hope you find the info useful in your own trading!

Sterling

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