Trend Continuation, or Failure? An Analytic Roadmap.
A couple of weeks ago, I posted up a few quick notes in regards to some trend following rules in order to get this blog moving again. Today, I am literally writing a response to
EURUSD Orders, Levels, Break
Pretty obvious one today. Clean break on this major downward sloping trendline and up to the order clusters we go. Spike base at circa 3250 and stops right around that 3230 area = magnets.
Aussie/Yen Trade Video Walkthrough – Inner Trendlines, Spike Base, Measured Move
[vc_row][vc_column width=”1/1″][vc_video link=”http://www.youtube.com/watch?v=KvA48mT95I8&feature=c4-overview&list=UULYgcu9w92k-Tr5C6CJmmZQ”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] In a video mood today so I latched on while the getting was good. One of my regular trades this week using concepts we discuss all the time around here. One thing
Current EUR/USD Levels: Where They Are and Why They're There
While I try to keep things simple, this post is all technical. I am asked many questions surrounding these areas all of the time. Below is an attempt to be very specific in regards to
The Need to Know – Bloodbath Edition
Not, exactly, a quiet day yesterday. World equity markets collapsed on a culmination of poor data all across the board. The tally: S&P500: -2.28% DJIA: -2.22% FTSE: -1.02% DAX: -1.05% …and as of this writing:
The Most Obvious Thing To Do
First, let's start off the day by just throwing around some words: Pure, clean, clear, clean, simple, plain, authentic, wholesome, pristine, immaculate, untainted, true, flawless, natural, unstained, genuine, virtuous, unblemished, straight….perfect. These are words that
Short Term Spike Base Example
Cable : lower than expected GDP number yesterday caused the pound to spike lower. Pushes higher on the currency caused it to revisit the consolidation area ahead of the spike seen below. The original spike
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Spike Base Support, Trading EURUSD