Hi Folks,

In this video we take a look back at some of the trade set ups that I identified first thing this morning. What we are seeing is the Asian Break Out set up in action.

In today FX street presentation we took a look at one or two of these in real time as well... GBPUSD was one of those trades that we looked at which had triggered during the presentation, now you can see the end result along with the other trades that we didn't have time to discuss.

This is a pattern that develops regularly during the overnight session, what is good to see at the moment is that we are finally seeing some good follow through on these break out moves with some nice clean price action. Compare that to the last few weeks where we have seen some really sloppy price action, many false break and lack of follow through on the moves

...lets hope we can see normal service resumed back in forex land

Enjoy

Phil