RE: Live Trade Room Update (See posting from Friday)

I wasn't able to start up the Forex Live Trade Room until the second hour of the London Session. I posted some trade setups to watch for on the Cable, the EURUSD and the EURJPY. They eventually made their breaks and targets were hit.

While we were in the room, I saw a formation I liked on the GBPJPY, as I saw some selling pressure building, and support at 157.25. We watched P/A (price action), as the sellers continued to pound 157.30 to 157.25. As it was getting late (for me) we closed the room, but I continued to watch the P/A as I really thought it would make a great move with the selling pressure I was seeing. It did finally make small break, then another break a few hours later. I hope those in the room, were able keep an eye on the P/A, and anticipate the second break.

See the Featured Video above of a review on how I monitored and managed the move.