....trading will be slow leaving this month and entering June, Since I trade primarily the EUR/JPY I thought I'd look at some news that's hitting the financial headlines this weekend.... Read more »
EUR/JPY: A Technical Analysis
20:38 24/05/2010 As Casey has his favourite pair (EUR/USD) so I have mine. As a scalper I see the EUR/JPY, with it's constant volatility, as a veritable cash machine. I look at five time frames altogether with this pair..... Read more »
Position Summary beginning May 23rd 2010
Position Summary beginning May 23rd 2010 Read more »
Wacky Wednesdays, Freaky Fridays…
Wow! what was last week all about? One of those times when we really should sit on our hands and (in the words of the late John Lennon) "watch the wheels go round and round... no longer sitting on the Merry-Go-Round" instead of trading. Read more »
EUR/GBP: Technical Analysis 17-18/05/10
Looking through the Oanda News I saw this pair which, as mentioned below, is heralded for a long position with a target of 0.8745, a total of 170 pips. Read more »
Position Summary going into Monday 17th May
Here's another offering of what (imho) I see as the major currencies, going into the week commencing 17th May 2010. Read more »
EUR/CHF: Technical Analysis 13/05/10
EUR/CHF: Technical Analysis 13/05/10 Hi everyone. With the Euro in the news by considering Estonia for membership in the zone as of January 1, 2011, I thought I’d take a look at EUR/CHF today. The Daily chart shows good signs of a downward trend with the Chikou Span above the current price action and moving [...] Read more »
POSITION SUMMARY AS OF WEDNESDAY-MAY-’10 12:30 (BST)
Here is another summary of the way I see the major currencies heading. It's a slow start to the month, most of my picks are flat so.... [..] Read more »
Eur/Usd: Technical Analysis May 11, 2010
I’m going to steal Casey’s thunder today and go for the EUR/USD The Chikou Span sets the stage for this pair. Acting as a momentum tool, it shows above the current price and heading south. The daily chart shows nice crossovers in both the Tenkan-Sen (Blue) crossing the baseline Kijun-Sen (Red) and the MACD confirming.The [...] Read more »
AUD/USD: Technical Analysis for May 11, 2010
Pair for Tuesday and on into the week, AUD/USD. Ichimoku shows good signs of an upward trend. The Chikou Span, which acts as a momentum tool, is below the current price and rising indicating an upward trend. We did have a crossover of the MACD and then a later corresponding crossover of the Tenkan-Sen (Blue) [...] Read more »
