fxbootcamp Videos
FOREX VIDEO - London Session Review - December 17, 2009
The USD has been showing strength lately I think we can all agree with that. Meanwhile the British Pound has been not only weak but threatening to break a serious looking trendline level on the 4hour/daily charts. This combination of a strong greenback and weak Sterling naturally led us to pay close attention to the GBP/USD pair. While there were quite a few opportunities in every major session to technically get short this pairing today, a fresh short entry in the London session could have ...
Tags: GBP/USD USD trendline News scalp Retail Sales Fibonacci risk pullback 5/8 cross London Forex FXBootcamp Christian Stephens
FOREX VIDEO - EUROPEAN OUTLOOK DECEMBER 17TH 2009
Hey everyone, for this outlook video I cover a number of subjects briefly, most notably my trading strategy for thin holiday conditions. In addition I draw up a conservative trade plan for the Aussie USD. Very simple support and resistance type analysis. Good luck!! David Pegler
FOREX VIDEO - ASIAN OUTLOOK DECEMBER 16TH 2009
While remaining bearish on the EUR/USD longer-term, I feel it's current run is due for a pullback to the 1.48 region, therefore an opportunity to buy some cheap Euro's at the current levels. This video builds a very basic case with very low risk opportunities to buy EUR/USD if the short-term charts present opportunities.
Tags: reversal EUR/USD Monthly pivots daily
FOREX VIDEO - EUROPEAN OUTLOOK DECEMBER 15TH 2009
Hey everyone, for this outlook I take a look at the Euro and Aussie, I also touch on some commodity discussion. The markets seemed to trade a bit thin yesterday during the European session, I think a combination of Monday and time of year were contributing factors. Hopefully today is better. Good luck!! David Pegler
FOREX VIDEO - New York Session Review - December 11, 2009
The dollar rallied during the New York session following the release of better than expected November US retail sales data. A conservative, repeatable short trade on the EUR/USD currency pair brought a profit of up to 150 pips [depending on exit strategy].
FOREX VIDEO - London Session Review - December 11, 2009
The EUR/JPY long from yesterdays double bottom continued to perform throughout late Asia into Pre-London. This actually ended up creating a legitimate higher low on the Daily chart. In this video I break down in it's entirety why I had good reason to believe the EUR/JPY would continue to rise throughout the London session today. Using things like MACD divergence on the EUR/USD and EUR/JPY, price trap breaks, the USD index, correlated JPY weakness, and of course our good friend Fibonacci to ...
Tags: EUR/JPY EUR/USD Japanese Yen correlation USD Index MACD divergence Fibonacci price trap London Forex FXBootcamp Christian Stephens
FOREX VIDEO - New York Session Review - December 10, 2009
The US dollar continued to broadly consolidate against the major European currencies during today's New York session. The feature move was a modest USD rally during the third hour of the session. A 40-pip profit was the reward for traders who first shorted the euro in an area occupied multiple sources of resistance, then exited the trade at the London close.
FOREX VIDEO - New York Session Review - December 9, 2009
Although the EUR/USD managed a net move of just 2 pips from New York open to London close, there was an opportunity for a conservative and moderately profitable trade on the currency pair. Japanese yen strength, a theme seen broadly during today's Asian session, returned at the start of the session, pulling the EUR/JPY pair down 100 pips. A weak British pound dragged the GBP/USD down nearly 200 pips following chancellor Darling's pre-Budget report.
