Hi Everyone, I return to some old themes today and concentrate on the Euro Pound cross for relative strength clues moving forward. The Euro Pound is starting to look like a retracement phase is at hand and that implies some Pound relative strength, not surprising given the key resistance we have found for the Euro USD. I hope you enjoy the video and good luck!! David Pegler
FX Bootcamp
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7 Responses to “FOREX VIDEO - European Outlook October 15th 2009”
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Thanks David, always good to see and hear your analysis, top notch
Thank you as ever
Thanks for your analysis.
To Mr Wayne McDonnell: I have read your book and viewed all of your webcasts on Moneyshow.com. Both book and webcasts are excellent. They have really turned my trading around. I use the 5/8Sma, 21/55Ema, 200ema, fibs, and fib extensions. By the way, thankyou for teaching me how to put in the fib extension criteria (for GFT)as I couldn’t find anyone to help me with that. Because I find that I get confused and don’t do well when following multiple pairs, I only trade one pair at a time. I’ve been using the GBP/USD and have done well with the criteria you’ve outlined in your webcasts and book. I just wanted to thank you (so much). By the way, most “instructors” only teach just enough to get a person interested in their trading system. You have gone way beyond that in your webcasts; your book is extremely helpful–made 10 pages of notes, which I review over & over. I no longer worry about attending other “seminars” as I think I’ve finally found the trading system and that works for me. I do use FxBootcamp/FxStreet.com for information as well. Thank you, again! Sherelyn A. Barry
great, as always, david. GU was a very nice pick today…
Hello David, WOW! You’re analysis was spot on once again. GBP/Usd did gain strength based on the Eur/Gbp. Also the Eur/gbp did fall off the cliff. Thanks….
I also have learned a lot from you excellent analysis , I also enjoyed reading the book of Mr Wayne McDonnell, I must say your videos are fantastic ,
Thank you very much , very grateful
Matt mourad