FOREX VIDEO - PRE LONDON OUTLOOK SEPTEMBER 21ST 2009

[rubel509]

this good

[rubel509]

this good



[fxbootcamp]

Hi Nab, thanks for your questions.

I don't ignore fundamentals but I am for the most part a technical trader so my bias is based on price action, through different chart time frames, daily, 4hr, 2hr and hourly. As far as a proxy pair for the most part I'm watching the Euro Pound and USD Yen. As forex traders we essentially only trading the Yen and USD everything else is simply a relative strength game.

Good luck!!

David

[nab11]

Greetings David, I love all your commentaries especially because I trade on longer term charts to.

I have 2 questions

1) How do you form a bias? Understand that you are very bearish on the GBP these few weeks. Was this view formed purely based on fundamentals before looking at the charts?

2) How do you decide which currency pair to use as a proxy of how the particular currency is moving. ie. you mentioned to use USD/JPY as a guide for all the JPY pairs.

Appreciate your response.

THANK YOU!

[FX582155200]

Thank you David,

every morning an analysis-you are like a clock.

[argunes]

Thanks David!

[countvonaltibar]

excellent commentary!