Posts Tagged ‘ 2009 ’

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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
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Forex From the contraction of the words Foreign Exchange, Forex is the nickname given to the universal exchange market, where currencies are traded against each other, exchange rates that vary continuously. Economic Importance This global market, which is essentially interchange is the second market of the world in terms of overall volume, behind the...
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WORLD FOREX EXPO is a huge event which holds in different countries worldwide. This is a unique show with a long tradition. Since the very first event, the Forex Expo has pursued the goal of bringing together international professional FOREX market players and help to get an unrivalled opportunity to promote their products and...
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As we opened the London session today, we found ourselves a country mile from today’s Daily 5 ema, looking temporarily exhausted on the Eur/Usd, and Gbp/Usd, along with a few other pairs. In this video I will focus primarily on the Eur/Usd, and how we planned a conservative Fibonacci pullback trade entry risking 25...
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Hi everyone. Looking at the charts today I found a fairly mixed market and Im hard pressed to put forward a direct market bias, particularly for the USD. In light of this I take a look at the Euro Pound for relative strength clues and then breakdown the Euro USD into bite size pieces...
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The EUR/USD had been showing Lower High’s for quite a while now on the 4 hour charts, forming a very distinct falling trend line. Just before London got started today we break this trend line. Typically, once something like this occurs, it’s very commonplace that a retest of this area is a high probability...
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