FOREX VIDEO – PRE LONDON OUTLOOK SEPTEMBER 1ST 2009

Posted: September 13th, 2009 under Forex.
Tags: , , ,

Hi everyone, happy to be back after the London holiday. For this outlook video I analyze the Euro Pound extensively not necessarily to trade it but to use this pair as a strong proxy for Pound related relative strength. Nothing particularly complicated, simply using Euro Pound technicals to trade Cable. Good luck and I hope you enjoy the video. David Pegler

$11,000 in just over a month

12 Comments »

  1. EURGBP is in a range there is no trend

    Comment by MsDawdawdaw — September 13, 2009 @ 11:00 pm

  2. Thanks David, very good insight. Plenty of technical and fundamental reasons to be bullish on EUR/GBP and USD vs. EUR/GBP/CHF.

    Even though “boring consolidation” has been (and still is) the name of the game, let’s keep our eyes open and be ready for some fun soon. September has historically been the worst performing month (equities) since 1950. History has pretty good odds of repeating itself.

    Good luck everyone!!

    Comment by pablitoaimar10 — September 13, 2009 @ 11:00 pm

  3. Hi David, I would like you to look at the EUR/JPY for me.

    Comment by garth2101 — September 13, 2009 @ 11:00 pm

  4. Thank you, great video

    Comment by jfvelas1 — September 13, 2009 @ 11:00 pm

  5. Thank you David for explaining proxy pair tactic. Great video, Now 30 minutes before London open EUR/GBP is sitting on h4 21ema and Cable is ceiling trying to break h1 200 ema (h4 55 ema). This could be a very interesting trading day.

    Comment by krunoeleven — September 13, 2009 @ 11:00 pm

  6. Thanx

    Comment by Raheem7890 — September 13, 2009 @ 11:00 pm

  7. do you think it will hit back to the0.840 level

    Comment by massd07 — September 13, 2009 @ 11:00 pm

  8. EURGBP, me like… Thanks David. Been watching that EURGBP like a hawk the past 2 weeks

    Comment by denniscye — September 13, 2009 @ 11:00 pm

  9. Nice video David. Well explained. Thanks

    Comment by dgib1038 — September 13, 2009 @ 11:00 pm

  10. Thanks.

    Comment by oshawawookies — September 13, 2009 @ 11:00 pm

  11. Thanks David. Good news about trading FX -’cause stox don’t like Sept.! Nicely paced and well explained.
    There are a few jumpy edits that are disruptive however, such edits have occurred regularly lately.

    Comment by rnp1thx — September 13, 2009 @ 11:00 pm

  12. as always, great video

    Comment by dibs01 — September 13, 2009 @ 11:00 pm

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