Forex Education: When is a trend over? When the market tells you.  A look at the GBPUSD

I posted an article on Forexlive.com on the GBPUSD and how it has moved 850 pips in 12 trading days. That does not happen often. In fact, the last time it moved so aggressively way way back in April/May of 2010. So what does that all mean? Many may think the move is overdone? Many are wondering if they should buy? For me, it may be overdone but I am not convinced it is time to buy. You might argue that surely the odds are that the price will rebound vs. go down further. You may think that the pair is oversold. You might feel certain that compared to 2010, things are better in the UK and therefore, the price cannot keep moving lower (and in fact deserves to be higher). All those are - or may be - true. The thing that stops me, is that the sellers are still in control. How do I know? In this video, I look at the GBPUSD and explain how the sellers have remained in control by using technical trading tools that help define the control - and the all important trend. SUBSCRIBE TO OUR EMAIL LIST! http://forexlive.us7.list-manage.com/... LET'S CONNECT! Google+ ► https://plus.google.com/1026488501294... Facebook ► http://facebook.com/forexlive Twitter ► https://twitter.com/ForexLive Linkedin ► https://www.linkedin.com/company/fore... High Risk Warning: All news, opinions, research, data, or other information contained within this presentation are provided as general market commentary and do not constitute investment advice. ForexLive expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. I created this video with the YouTube Video Editor (http://www.youtube.com/editor)

Comments

1. its good to see that you are still teaching ...
2. Great video. Thanks and God bless.
3. Great video mate, loved a lot of your videos so great
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5. great video Sir. thanks for your informations about trend levels.
6. Fantastic Piece
7. wow great, learnt a lot. Thanks a lot.
8. very nice videos came to this site to tarantula T
   keep on going see all your videos simple easy
9. LMFAO @ 7:30
10. Thanks
    I love your video and we learn much helpful information about trend line strategy.
11. Notwithstanding,his greatest nemesis is still precise entry/exit for intraday trading.
12. Always like Greg
13. Greg, you are a master.
14. Great as always Greg. Thanks
15. Thanks so much Greg! ... this video it was very helpful to me! ... I've learned a lot!
16. enjoyed it