Hello troops, it’s a great time to be a currency trader, some fantastic trading conditions persist. Today I build on yesterday’s pound trade plan. Asia is clearly buying us up it will be interesting to see if London sells us down. This has been the prevailing theme all week. Depending on basic support and resistance plus the clock I build a trade plan for cable. The clock is the most underused indicator in Forex, I encourage everyone to employ the time of day as much as possible. Referencing the time of day against the prevailing trend, support and resistance can be a powerful combination of technical’s. Good luck!! David Pegler
FX Bootcamp
Subscribe
Categories
Archives
Recent Comments
Next webinar
Using Fibonacci ratios to manage your trades efficiently
by Sunil Mangwani
November 23, 10:00 GMT
Register for the webinar
Tags
4hr 4x 5ema 21ema 200ema breakout Cable Christian Stephens continuation correlation currency currency trading Curt Wehrley daily range david pegler divergence EUR/GBP EUR/JPY EUR/USD Fibonacci Forex FX FXBootcamp fx bootcamp GBP/JPY GBP/USD Gold London m4 macd money New York session NFP pivot points Pound pullback support technical analysis trader TRADING trading video USD/CHF USD/JPY VIDEO Wayne McdonellFXstreet.com Weblogs
Links
One Response to “Pre London Outlook For December 19th 2008”
Advertisement
Video Trade Journal by 

Excellent Video Coach..!!!!!!! Thanks for sharing your knowledge….