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
FX Bootcamp
Subscribe
Categories
Archives
Recent Comments
Next webinar
Using Fibonacci ratios to manage your trades efficiently
by Sunil Mangwani
November 23, 10:00 GMT
Register for the webinar
Tags
4hr 4x 5ema 21ema 200ema breakout Cable Christian Stephens continuation correlation currency currency trading Curt Wehrley daily range david pegler divergence EUR/GBP EUR/JPY EUR/USD Fibonacci Forex FX FXBootcamp fx bootcamp GBP/JPY GBP/USD Gold London m4 macd money New York session NFP pivot points Pound pullback support technical analysis trader TRADING trading video USD/CHF USD/JPY VIDEO Wayne McdonellFXstreet.com Weblogs
Links
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
Hello Troops. Seems like we returning to some old themes with aggressive fed rate cuts. Today I take a quick look at Euro but spend the majority of this video discussing a Kiwi Yen trade plan. We have broken some key resistance short term; however this currency pair has some quite strong longer term resistance that we can use to our advantage. I use visual support and resistance, Fibonacci and EMA’s to build a simple trade plan moving forward. Happy trading!! David Pegler
Congratulations to everyone that capitalized on the Euro swing trade we entered several days ago; it’s reached our conservative target we identified last week. Today I look for more reasons to trade with the trend until proven otherwise. No question we are overbought in the context of the overall drop so be careful today moving forward, we at some critical fib levels of the overall drop. Good luck and enjoy!! David Pegler
Happy Monday troops!! Today I look at the health of our Euro swing trade moving forward. We are approaching some quite strong weekly and even monthly resistance. Taking this into account plus the fact that we are significantly overbought in terms of the 4 hr MACD puts us in a risk reward conundrum we have to deal with. I try to use Fibonacci and some clear support and resistance to solve the Euro picture today. Good luck and enjoy the video!! David Pegler
Hello Troops, today we anxiously await the Senate vote regarding the Auto Bailout, this will have a bearing on the USD today. Putting that aside, I have put together a very simple trade plan based around the prevailing trend for the Euro USD. I do include a discussion about the fractal nature of the market and the inclusion of multiple timeframes in your intraday analysis; I hope that’s of some interest to you. Good luck and have a safe weekend!! David Pegler
Today I go old school and take a look at the Euro USD, we have some very clear support and resistance defined. This gives us a clear trade plan for the day. With the help of weekly pivots and some technical analysis 101, I put together a nice swing trade setup possibly for the next few days. Congress just approved the Auto Bailout, so optimistically that is the catalyst we need to set this wheel in motion Good luck and enjoy the video!! David Pegler
Hi troops. Not a tremendous amount of news on the calendar so I expect this to be a very technical day. Yesterday really didn’t change anything technically for Euro Yen and Equity markets, so for today I simply build on yesterday’s Euro Yen trade plan. I use a trend line on the 2 hr chart as well as some pivot and EMA support hourly to build a good looking price trap for the London session. Enjoy and good luck today!! David Pegler
Hi all, today I spend a few minutes going over the execution of yesterday’s cable trade plan and a Kiwi Yen setup from last week. After this is out the way I take a look at Euro Yen in more detail and put together a trade plan for the day. I make use of visual support and resistance, price action and pivot theory: both weekly and daily. I hope you enjoy the video, good luck today. David Pegler
Hello everybody, today I spend some time previewing tomorrow’s NFP and what we can expect technically. Given the strong correlation between the Dow and Euro Yen, I look at the Dow and establish some technical areas that need to be considered as well as a trade plan for Euro Yen today. Please be careful trying to trade today’s London session; pre NFP can be a challenge with the majority of institutional money sidelined in anticipation of the jobs data. Good luck and enjoy!! David Pegler
Video Trade Journal by 
