FOREX VIDEO - PRE LONDON OUTLOOK SEPTEMBER 2ND 2009

Hey everybody, for this presentation I expand on yesterdays Euro Pound analysis and then use this information to explore some trade opportunities for the Euro USD and Euro Yen. This is some very simple technical analysis to follow, basic price action, fibs and a trend following trade plan for both pairs. Good luck!! David Pegler

Category:

Education

Tags:

• FXBOOTCAMP
• DAVID PEGLER
• . FOREX

[b2fnow]

Thanks, David. It all makes a lot of sense when you do it. Now if I could just do it real time. Selling that rally is the hardest part - goes against human nature. I try to use a very short-term 1 min indicator at those Fib levels to leg on. Hey, you always say something about the GBP - is it that obvious? Next stop 1.6000?

[rnp1thx]

Nice job David! (fewer edits too!)

[davidakc]

David you know about the projection that you did on Mon it all came thru however it needed a boost from Dollar positive? But I don't get it why a positive in the Dollar creates risk adverse on the EURO?

[mzun74]

Thank you.

I do have a question. I hear you talk about the different MVA you have on each chart. Can you share what the time frames for each of them are?

Thank you