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Hey everyone, for today’s outlook I preview the pending NFP report and take a technical look at a Pound related basket. Cable, Pound Swissy and Pound Yen. Given the fact that we are pre NFP I have built some very conservative trade plans for these three Pound crosses. I have trapped price between some very obvious technical levels. This is not a day to be overly aggressive. Good luck and I hope you enjoy the video. David Pegler
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Hi Everyone. Another month gone by and another NFP just a few hours away. For this video outlook I take a quick look at the USD Yen and Pound Yen. With the jobs number looming I keep things simple and outline basic support and resistance and try to formulate an opinion based on some longer term analysis. Good luck today and I hope you enjoy the video. David Pegler
SPECIAL FXSTREET EVENT:
Trade Non-Farm Payrolls LIVE - 33rd Edition
Sponsored by 
Type: Webinar
Expert: Wayne McDonell, Chief Currency Coach at FxBootcamp
Moderator: Maud Gilson
Start: Fri, Feb 6 2009, 12:30 GMT
End: Fri, Feb 6 2009, 5:30 GMT
Participants: 412 pre-registered participants
Summary:
Come join us – 500 seats available, register now!
Trade Non- Farm Payrolls LIVE with Wayne McDonell - FXstreet.com & FX Bootcamp are partners of this event and GFT sponsors it. Don’t miss out on a great opportunity to learn keys to trade this economic report and ask questions while the market is moving!
FX Bootcamp provides live play by play commentary and analysis during the release of the Employment Report:
- Learn how to conservatively trade during news events.
- See technical analysis applied to live market charts.
- Apply Pivot Point & Fibonacci Theories in real-time.
- Entry and exits point clearly defined in advance.
- Ask questions while the market is moving.
- Get the NFP NEWS Live!
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Who is Wayne McDonell and what is FX Bootcamp?
Hello traders. In today’s presentation I review yesterday’s very successful Pound Swissy trade and reflect on how much more of the trade we have to go to the eventual target. For a fresh trade plan I build a trade plan around the Pound Yen and the prospects of some continuation of the prevailing trend. I use pivot theory, EMA’s and an assessment of market speed to build today’s trade plan. Good luck and happy trading. David Pegler