Recorded Live 2015 2 26
Today’s session starts with a detail update on our GBP forex trading plan from a day ago. Originally we identified a “reversal area” in a potential short zone. Today, we got the setup we were looking for. This video covers the best possible entry. The trade has now moved over 100 pips.
Then we decided to review the news. Upon hearing that the Bank of China cut its reserve requirement ratio, we dive into an unplanned overview of central banking policy, the required actions and its impact locally and globally. Specifically you will learn about the Money Supply, Fractional Reserve Banking and the Money Multiplier.
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