Hey everyone, happy to be back from Vegas and ready to do some real trading again. For this presentation I examine the Pound Swissy and Euro Yen. Given that this is NFP week I build a few very conservative trade plans. We have officially made our 1st lower high on the hourly Dow and S and P charts. If this is a precursor of things to come it wouldn’t surprise me to see some dollar and Yen strength temporarily creep into the market. Good luck and please leave me some feedback on YouTube, or the Blog. David Pegler
FOREX VIDEO - Pre London Outlook August 6th 2009
Source: blogs.fxstreet.com
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FOREX VIDEO - Pre London Outlook September 25th 2009
Hey everyone, this is my normal detailed market look but I wanted to get something to you in light of the significant currency moves we have seen over the last few days. I take a brief look at Cable and the Pound Yen and put together a few very conservative trend following trade plans. I also...
FOREX-Dollar near 15-mth lows, pound down on Fitch warning
TOKYO, Nov 10 (Reuters) - The dollar hovered just above a 15-month low against a basket of currencies on Tuesday as investors looked to return to leveraged carry trades, while sterling tumbled after a warning on Britain's credit rating. Fitch Ratings said that of the four major economies with AAA...
USD Commentary
Our detailed commentary from last week both before and after the FOMC statement on Wednesday noted that we believe that the Fed’s...
Just ignore the yellow bit
Wouldn’t it be great if you could just go back an erase the perverse price action that wrecks otherwise perfectly good chart patterns? Just ignore that yellow highlighted part on the hourly EUR/USD chart and you have a head-and-shoulders top playing out. The measured move objective is...
Sterne Agee Gives Cisco’s $5 Billion NDS Acquisition Its Approval
Sterne Agee released a note giving its nod of approval to Cisco’s (NASDAQ:CSCO) acquisition of NDS.Sterne said that its $5 billion...