Hey everyone. Today I analyze the Euro. It looks like we have some room to run to the upside still however way outside the daily Bollinger band continuation is the obvious play but offers some curious risk reward dilemmas. I have built a trade plan around the possibility of a pullback and later buying opportunity. Please enjoy the video and good luck. David Pegler
FX Bootcamp
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9 Responses to “Pre London Outlook For March 20th 2009”
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good stuff david as allways eusd this week has rocked
thanks david
Dear Mr David ,I absolutely enjoy watching your videos religiously.Many thanks for your consise and informative explanation.God bless.
Manish.
Thanks Dave, I’m currently long so great to get a different and also the bigger picture perspective, have move my stops to protect profit thus far. Of potential interest is the fact that there is a Missed Weekly Pivot at 1.4050 which is my current target, but this is above the Daily resistance trend line. Will watch out for any retracements. Many thanks
i kept looking at the eur/usd and wanted to set up short and i don’t know why i didn’t just set it up with proper entry and exit. as long as you identify the problem and don’t do it again, i guess moving forward is the easy part.
thanks a lot mr David,
please will like to understand this your video chart i can see where you play as a purport but resistance i don’t understand yet.
Thanks for info on Euro.
i took a look at the eur/gbp for practice on a 1 yr and 60min. bull flag with doji’s along 50% retracement, above the 10/20/30/100 mva on 1 yr. and right at 6l.8. on the 60 min we are below the 10/20/30 but above the 100. friday and sunday are probably not good days to make the call. wait and watch. thank you for the videos.
Thanks David! I admire what you are doing in that you are training others to accomplish more and attain their goals.