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Posts Tagged ‘Video’

Hey everyone, happy holidays!! For this presentation I analyze the Euro USD, Kiwi Dollar and cable. Thin, holiday conditions abound I am taking a very conservative approach to the market. Technical analysis is flimsy at best during holiday periods. Good luck today!! David Pegler

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.

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

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