Archive | August, 2011

Weekly Strength Analysis 28/8/2011

August 30, 2011

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It’s been a quite couple of trading weeks but I’m still going through my trading routine. Here’s the weekly currency strength analysis: 1. CHF 2. YEN 3. AUD 4. EUR 5. GBR 6. USD So no major changes on the weekly strength front (despite volatility and intervention) If we look at the daily strength we […]

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Update 9/8/2011: Dow & S&P Head & Shoulders hit targets

August 9, 2011

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Here’s an update to my earlier trade post regarding head & shoulder patterns on the weekly charts of several Indices. You can read the original article here and you can read the 2nd part here about when the DAX hit its target within a few days. I also spoke about the Dow Joes 30 and the […]

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Weekly Analysis 7/8/2011

August 8, 2011

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As I mentioned last week I’ll start putting up my weekly strength chart for the Currencies I watch. 1. CHF 2. YEN 3. AUD 4.EUR 5.GBP 6. USD Only real change on the weekly strength is that despite the BoJ intervention Yen has overtaken AUD. Not a real surprise if you look at the kicking that the […]

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Explaining the actions of Congress and US Politicans.

August 8, 2011

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An interesting comment that was posted on an MSNBC article by one of the readers in response to another commentator.  I can take no credit for this article. If you know who was the original author then please let me know and I’ll happily credit the individuals The U.S. Congress sets a federal budget every […]

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Update: DAX hits Head and Shoulders target @6350

August 4, 2011

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Well I didn’t expect to be writing such a swift follow-up to yesterdays mail regarding Head & Shoulder patterns on major indices! May I suggest you read my preceding post if you’ve not already. You can find it here. So you may remember that I had a target of 6350 for the Dax Head & Shoulder […]

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Head & Shoulders triggered on Dow, S&P and DAX Indices

August 3, 2011

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It’s rare for me to comment on Indices here but I do occasionally trade them and do include them as part of my weekly round-up. I’ve been watching these set-ups mature over the last few weeks and this week they have triggered. (I did have earlier entry signals but will keep it simple on this […]

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Swiss Intervention 3rd August 2011

August 3, 2011

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It’s been an interesting few days for the markets. I’ll do an update on Indices in a separate piece. However this blog post by Robert Sinn gives you a great view of what happened this morning regarding Swiss Intervention.  They’ve been talking about it constantly and today we saw evidence of that. http://www.robertsinn.com/2011/08/03/the-swiss-hit-the-panic-button/ Enjoy the […]

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Weekly Analysis 31/7/2011

August 1, 2011

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I thought that I would add some of my weekly analysis to the blog.   It’s nothing difficult, just the use of a simple technical analysis tool to give me an idea of which currency is strong and which is weak. It takes about 10 minutes every Sunday night and is a quick and easy way […]

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Article from Barrons on FX Trading

August 1, 2011

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Here’s an article from Barron’s on currency trading. http://online.barrons.com/article/SB50001424052970204735204576246772527987918.html?mod=BOL_hpp_mag It makes for some sober reading.  In particular they look at the operations of Gain Capital and how they’ve been making money. I have experience of trading FX using Gain Capital through Tradestation.  It was not a pretty experience and gives me a good idea of how […]

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