Posted on April 27, 2009 at 1:12 in Uncategorized by David R Pegler3 Comments »

Hey everyone, for this Monday presentation I take a look at the Euro Dollar. We appear to be in “retracement mode”, therefore I’m looking for reasons to short the euro down to longer term fibs of the last overall rise. Additionally I have identified a very logical breakout trade plan for the Pound Yen. Nothing particularly complicated, support, resistance and Fibonacci. Good luck and I apologize for the poor sound quality today. David Pegler


Posted on April 7, 2009 at 0:26 in Uncategorized by David R Pegler3 Comments »

Hey everyone, should be an interesting day of trading ahead, we don’t have a tremendous amount of news on the calendar so it’s going to be very technical day. I take a close look at the Euro USD and the Euro Yen and try to predict a few possible scenarios that are likely to take place. Pretty simple technical analysis with lots of price action related breakdown. Good luck and happy trading. David Pegler


Posted on March 19, 2009 at 23:33 in Uncategorized by David R Pegler9 Comments »

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


Posted on March 10, 2009 at 23:50 in Uncategorized by David R Pegler2 Comments »

Hello everybody, another day and another breakout on the horizon. In this short video I outline a potential retracement for the Pound and a good looking breakout for Euro Yen. I make use of raw price action and fibs. Good luck and enjoy the video. David Pegler


Posted on March 4, 2009 at 2:29 in Uncategorized by David R Pegler1 Comment »

Hey everybody, for today’s presentation I take a look at a Yen basket, USD Yen, Pound Yen and Euro Yen. I outline a few break out type trade plans that have good risk reward exposure. Pretty simple stuff, I use multiple time frames, fibs and support and resistance to construct today’s Yen trade plans. Good luck!! David Pegler


Posted on January 27, 2009 at 2:36 in Uncategorized by David R Pegler3 Comments »

Hello Everybody. Good to be back after a day off. Today I address a pending Kiwi USD breakout setup forming and a Euro Yen long in alignment with the prevailing trend of the last 24 hrs. I keep it really simple, basic price action knowledge, fibs, support and resistance. I hope you enjoy this presentation!! David Pegler


Posted on January 23, 2009 at 1:05 in Uncategorized by David R Pegler2 Comments »

Hey everybody. Tons of volatility in the equity markets today but that doesn’t mean to say we have accomplished anything. The last few days have been nothing more than a period of volatile consolidation. This is also reflected in numerous currency charts including Euro Yen our focus pair this week. Definitely a market that requires a nimble trading hand that’s for sure. Although today’s trade plan is a break out strategy that does not imply trying to buy at resistance and sell at support, quite the opposite in fact!! Enjoy the video presentation and good luck today. David Pegler


Posted on January 22, 2009 at 2:05 in Uncategorized by David R Pegler1 Comment »

Hello traders. Yesterday we saw a strong round of short covering and have crashed into some longer term resistance on a number of currency pairs. Euro Yen has been our focus this week and I build another EY trade plan today. Lots of volatility and trapped between longer term resistance and shorter term support; this is shaping up to be a London session that demands a nimble approach. Please enjoy the video, and happy trading today. David Pegler


Posted on January 20, 2009 at 1:02 in Uncategorized by David R Pegler2 Comments »

Hello Forex profiteers. All the holidays out the way its time to make a few pips. We are at some very important levels for many currency pairs and the equity markets. For today I look at the DJI and Euro Yen expressly. Remember support hasn’t broken until it’s broken!! I build a simple Euro Yen trade plan for the day using visual support and resistance, pivots and intermarket correlation. It’s a fantastic time to be a currency trader. Good luck all. David Pegler