FOREX VIDEO - PRE LONDON OUTLOOK SEPTEMBER 1ST 2009

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

Category:

Education

Tags:

• FXBOOTCAMP
• DAVID PEGLER
• FOREX
• CURRENCY TRADING

[elmalkey1000]

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[MsDawdawdaw]

EURGBP is in a range there is no trend

[pablitoaimar10]

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!!

[garth2101]

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

[jfvelas1]

Thank you, great video

[krunoeleven]

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.

[Raheem7890]

Thanx

[massd07]

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

[denniscye]

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