FOREX VIDEO - PRE LONDON OUTLOOK SEPTEMBER 25TH 2009

Hey everyone, this is my normal detailed market look but I wanted to get something to you in light of the significant currency moves we have seen over the last few days. I take a brief look at Cable and the Pound Yen and put together a few very conservative trend following trade plans. I also discuss some possible scenarios we could see during the London session today. Good luck!! David Pegler

Category:

Education

Tags:

• FXBOOTCAMP
• DAVID PEGLER
• FOREX
• CURRENCY TRADING

[ForexHead]

Sorry David, I've been one of your biggest followers, but I have lost confidence in you. Today you say, "if you're not already short GBPUSD" but yesterday you said something to the effect "There is no way I would short the Pound here"! Well, I had been planning to short it but thought you the wiser so stood aside. Now, 400+ pips lower, you say "if you're not already short..." I missed 400 pips profit listening to your definite "No way I'd short the Pound here." I'll trust my own analysis.

[fxbootcamp]

Forexhead please rewatch yesterday's video, I made the video at Wednesday's lows, price then retraced to resistance to short, I did articulate that. I would never short at support thats very poor trading.

Thanks

David

[rnp1thx]

Way too many amateurish edits here. Whats up? Censoring? Just ask David to rerecord it if it doesn't meet specs. Why degrade his presentation? Trying to hide something? Afraid of law suites? David tries hard to explain what's happening-hire an editor please or get better software! This is becoming obvious when average people notice!

[fxbootcamp]

Apologies for the poor video quality today.

David

[nab11]

Agree with Spottherocket. There's no such thing as a free lunch. Do your own analysis and stop whining about the commentary. Its good enough that FXbootcamp is posting up free vids on a regular basis.

[FXCAD1]

thanks from Canada for the great videos -

can you please let me know what the second pair in today's video is - I couldn't hear it clearly.

Thanks

[krunoeleven]

@ forexhead - You have to listen carefully and try to understand. The yesterday's trade was (as mostly is) about pull back, Cable is (probably) going down, but wait for the pull back and short on resistance when it continues to fall.

[spottherocket]

great video. Thanks David. people having trouble keeping up with the fast delivery? I say. you can watch the video over and over (I do and I am a native english speaker)& it keeps me engaged (we think a lot faster than even David talks).

Tech spk? Do more study,-I've never heard anything said s that I couldn't look up

as for people who sit by the screen waiting for Davids analysis to prove true, and then pull in the pips; you should be doing your own analysis and making your own mind up.

JJ

[cadelevans]

Great Video as usual!!! Cheers David!!

[FX582155200]

Other thing, maybe you could put that disclaimer in writing, but if not, than slow down at lease, otherwise there are people who can not catch it and feel that these are trade recommendations, since they are blaming you for lost-not made pips.

Hope you have a good weekend, tanks.

[FX582155200]

Thank you David for the analysis, although a bit fast, but as I understand you did not have a lot of time.

One thing which you could improve upon is showing the pair and the time frame during your presentation, it would help greatly, especially when you are in a hurry.

[peterlaco]

Guys, I am folloeing David for a very long time. His track record is excellent. Do not always forten to very cerefully listen first 1 minute of his analysys. He is teaching us to think by ourself, it is not alert servis. His analysys are execellent, his way of explaining HIS!!! view of market are simple and logic and deeply professional. By the way he is much much time right than wrong. I feel very lucky and honored to listen and learn from such a excellent teacher.