Hey everyone, very simple and concise video today. In this presentation I take a look at the Euro USD. I conduct a top down analysis of this pair. I talk about potential movements for the next few weeks as well as an intraday outlook. It’s an interesting video in that I employ lots of EMA use today, not something I typically do. Good luck and enjoy!! David Pegler

Very sweet session indeed on quite a few pairs today. In this video I focus on just one reload entry of one of these moves, the short on the GBP/USD. We had opened London and extended right down to our daily M1 pivot point/4 hour 200 ema combination. In this video I essentially show you the plan for a re-entry into this short yet again off of a combination of Fibonacci levels, hourly 5ema, daily S1 pivot point, and 4 hour 5 ema, and targeting our S2 pivot point today around 1.6250 or so.. This entry although planned well in advance by using 15m. 1hr. 4hr charts, ultimately was taken from a zoomed in 1 minute chart watching price action at our expected resistance area. With a risk of about 20 pips we snagged a nice 60+ pip reload here around 1.6328 without much difficulty. All pairs included though, today was just Sweet!

FXBootcamp London Currency Coach-
Christian Stephens

Hey everyone. For this outlook I concentrate on the Aussie USD since we have an Aussie rate statement scheduled today. It’s a fairly tough technical read for me as a result I have defined general support and resistance and some key levels to trade around and look out for. I also take a brief technical look at Cable. Quite simple analysis employed today, price action, fibs and general support and resistance. Good luck!! David Pegler

Hey Everyone, for this rather lengthy video I take a look at a basket of Yens including the USD Yen, Aussie Yen and Euro Yen. In addition to these Yen related pairs I also take a look at the Kiwi Dollar and Cable. Some reasonably involved analysis for a few pairs. I hope you enjoy the presentation and good luck today!! David Pegler

Hi everyone, for this outlook I go back to drawing on my old favorites; Euro Pound and Cable. Cable has been consolidated the last few days after some reasonably dramatic moves. I don’t expect this consolidation to continue and build a trade plan around a price trap break out. Not quite as simple as this intro implies but very tradable nonetheless. Good luck!! David Pegler

Hi everyone. For this outlook I employ some very simple trend following analysis. I take a good look at the Aussie USD and Euro USD. The Euro analysis is slightly more complex in that we have hit a reasonably strong area of support and I’m cautious in my approach to trading it today. The sound quality is a little scratchy in places; however I hope you enjoy the video. Good luck!! David Pegler

Here we are on the Monday right after the British Pound dove off a steep cliff. In addition, London’s time changed so that London open does not correspond with the normal London open for US traders, that goes back to normal Sunday when US times change as well. After such a massive move, we found ourselves in a bit of a range, playing ping pong between support and resistance throughout the first trading day of the week. Likely the best approach for extracting pips during this London session was going to be taking shots right off the tops and bottoms of these definable ranges using shorter term time frame clues ‘Around’ these zones, such as higher low’s or lower high’s. In this video I highlight one such trade plan that we executed in the room together involving the GBP/JPY. We identified a good deal of overlapping resistance around the 150.00 area on multiple time frames, then simply planned a low risk high reward short trade plan if and only IF we got a lower high to work with off this area, using a short term chart to zoom in. Sure enough it presented itself on a 2minute chart, a Lower High, with just 15 pips or so risk (very low risk on GBP/JPY), and a reward likely of 60-70 pips it was too hard to resist. As it were this trade dropped to around 40ish pip profit before pulling back near to entry for one final chance to get in or reload it, then fell for the remainder of the range/scalp trade right to our rising trend line. Hey take what you can get, we were ‘Scraping’ for our pips today, so a 60 pip trade was considered a Monster! =). Hopefully NY will kick it up a notch.

FXBootcamp London Currency Coach-
Christian Stephens

London started off kind of slow today and we bounced around a bit looking for strength versus weakness. Most of us were in some sort of a British Pound long from late in the pre-London session, but we were starting to see some clues of exhaustion, time to take some profit, or protect pips. Then we took notice of the GBP/JPY pair particularly starting to show short term MACD divergence pretty much exactly when it was hitting it’s Daily 200ema, previous swing high on the Daily chart, as well as the Weekly M4 reversal pivot point. While none of us wanted to pick a top, that divergence at that resistance was such a clue of a possible impending short trade plan, that any Lower High development on this short term chart was reason enough to give the short a shot with a higher high stop, 20 pips risk or so, targeting about a 40-50 pip move before we reached support again, and we also had British GDP approaching in a half hour or so. The EUR/GBP was also showing a double bottom at 90 cents, as even cable had a short term lower high. This was starting to smell of GBP sell off just before news. Just before the news came out we were 55 pips or so in profit on the GBP/JPY short, definitely protect break even at minimum as news could evaporate all of it, or even take some partial profit. Well the GDP came out negative and Whammo, British Pound ‘Everything’ plummeted 200 pips in no time at all. So what started out as a conservative lower high off resistance trade attempt, turned into a 300 pip trade by the end, or much more if you were in all the GBP pairs. Simply an amazing way to finish a fantastic week, and a reminder to all of us why you let profits run once you have break even or MAP (minimal acceptable performance 15-20 pips) locked in. You never know which trade will be the monster like this. Have a great weekend folks!

FXBootcamp London Currency Coach-
Christian Stephens

Yesterday we enjoyed quite a Piptopia on the British Pound breakout of a Daily trendline to the upside. Sure enough, today was our opportunity in London to short it back down to the trendline retest. Pre-London gave us our first lower high to work with on the GBP/USD, and the 2hr EUR/GBP started developing a higher low to give us confidence in the move. The rest of the London session was spent reloading shorts at every Fibonacci pullback possible and turning a 100 or so pip move into a 250 pip play due to exponential reloads, I just love days like this, purely technical. Bad Retail Sales for Britain helped finish the job and there we were, right on our target zone to take profit, could not script it better really.

FXBootcamp London Currency Coach-
Christian Stephens

Hi everyone. This is not my typical intraday market look, in this video I respond to an email forwarded to me and take a look at some longer term analysis for the Pound. I take a detailed look at some key Euro Pound price action and try to predict the future for Cable over the next 90 days. In addition to this longer term analysis I also build a few basic intraday plans for Cable and Euro Yen. Enjoy and good luck today!! David Pegler