Hello everybody. Today I build on yesterday’s analysis for cable. I spend some time discussing methods of dynamically defining trend and how to use that information between multiple timeframes. Today’s trade plan is quite simple I make use of pivot theory, EMA’s and basic support and resistance. Good luck and happy trading. David Pegler
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7 Responses to “Pre London Outlook For January 29th 2009”
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As always provide knowledgeable video…Thanks David for your time,help and sharing knowledge…
Just know David that you have your fans out here even if we don’t comment all the time
excellent lesson in price action… can never get too much of that…
thanks david, k
Hi David great stuff as usual my friend. This is written with hindsight( 12 noon GMT)….I just checked the GBP crosses and it is the GBP that is strong. USD EURO JPY CHF the lot ??? Can’t be the fun-der-mentals so I can only assume someone very patriotic has taken the whole British Cabinet into the middle courtyard at Wesminster and had them shot ! The Market then deduced correctly that with those clowns out of the way things will start to get better !!?? I think I need Capt.Data Curt’s advice as well.
Kind regards Chas Van Der Bootcamp
thank you for the video.
thank you for all
Thanks for the feedback everybody!! It dropped and then jumped just like we planned, a little earlier than I wanted but that higher low at 2Hr support was key. I hope some of you were able to take advantage of that. Happy trading. DP