We were kind of direction less for the most part on the majors as we neared the London open today. But, just prior to London opening we had the beginning of a British Pound selloff against all comers. The initial break of the price trap did not offer the high quality pullback we were looking for, so it was honestly simple to miss this nice go, unless you were very aggressive and sold simply at the hesitation. So then we watched as the GBP pairings hit support on longer term charts, such as …
Hey everyone, as another trading week draws to a close I take a look at an ancient favorite the Kiwi USD and Cable. Kiwi has been in a slow methodical uptrend for several months and I look to capture a few intraday pips with the prevailing trend. Cable on the other hand is a small more complicated but with the help of some key Euro Pound technicals I have place together a conservative cable related trade plot. Excellent luck!! David Pegler
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Hey everyone. Todays video is a busy one to say the least, I conduct analysis and build trade plans for 4 currency pairs. Cable, Pound Yen, Pound Swiss and Euro USD. You going to need to bring your A game today as its a support and resistance and relative strength buffet. Today the Euro Pound cross is going to be a key proxy for the whole currency market I feel, even as far as the USD is concerned. Excellent luck and I hope you delight in the video. David Pegler
Hey everyone, todays presentation is no different to what I have been putting out this whole week. Its all about the Euro Pound cross as our guiding light for todays trading. I once again use this cross to build a trade plot for the Pound USD and the Pound Yen. I am posting this video a small earlier than usual; as a result I make use of longer term timeframes to get a general thought for market direction. Excellent luck!! David Pegler