Hello troops, its a great time to be a currency trader, some fantastic trading conditions persist. Today I build on yesterdays pound trade plan. Asia is clearly buying us up it will be interesting to see if London sells us down. This has been the prevailing theme all week. Depending on basic support and resistance plus the clock I build a trade plan for cable. The clock is the most underused indicator in Forex, I encourage everyone to employ the time of day as much as possible. Referencing the time of day against the prevailing trend, support and resistance can be a powerful combination of technicals. Good luck!! David Pegler
PRE-LONDON OUTLOOK FOR DECEMBER 19TH 2008
Posted: 1st August 2010 by M.Rabea inTags: 19th, 2008, December, Outlook, PRELONDON
Hello troops, its a great time to be a currency trader, some fantastic trading conditions persist. Today I build on yesterdays pound trade plan. Asia is clearly buying us up it will be interesting to see if London sells us down. This has been the prevailing theme all week. Depending on basic support and resistance plus the clock I build a trade plan for cable. The clock is the most underused indicator in Forex, I encourage everyone to employ the time of day as much as possible. Referencing the time of day against the prevailing trend, support and resistance can be a powerful combination of technicals. Good luck!! David Pegler



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