Hey everybody, for this outlook video I look at Cable and the Euro Pound cross. Very simple analysis indeed, looking for some short term trend continuation plays. Good luck!! David Pegler
Hey everybody, this Friday video covers Cable and the Aussie USD. Some simple analysis employed for these trade plans. Good luck and have a great weekend!! David Pegler
After the amazing volatility we have experienced lately in the markets, today’s London was shaping up on the charts to be more of a sideways market. We had a triple bottom on cable, other failed lower lows, but also failed higher high’s afterwards. This was shaping up to be a rather ‘trap’ type sideways session. Times like this you take what you can get and be happy with that. In this video I highlight one such trade we set-up in the room together on a EUR/USD long after it had broken a small recent range. We would have to see a high quality entry to even consider a long on EUR anything as it has been weak as ever of late. Using a decent Fibonacci pullback to overlapping ema support offered us our chance to grab this long which ultimately failed to make a higher high past major 1.2440 recent resistance zone. Even with the failure however, it was possible to take 50 pips off of this trade depending on how it was managed. FXBootcamp London Currency Coach- Christian Stephens
Hi everybody, for this London outlook I tackle the Euro USD. Very simple analysis for you today. Nothing but price action, fibs and multiple timeframe use. Good luck and enjoy the video!! David Pegler
Risk aversion was the order du jour in financial markets during the New York session. The yen crosses saw their biggest drop since the so-called flash crash two weeks ago today. The EUR/JPY currency pair dropped nearly 300 pips in just one hour to an 8-1/2 year low, then staged a 200-pip recovery before the London close
