Price action in 8 forex, stock indices charts might be shaping up Q3 to be market top for the whole of 2016. When viewed against the big picture all of them looks just like retracement. The levels are clear, the confirming price action is clear, just need the trigger to show when.
I want to share my feelings about sustainable trading. Eye-care is an aspect but over long, the desire to have more stability, less frenzied volatile action, more thinking Earn While U Sleep style of making money.
US market shows risk aversion to financial sectors since the last 5 days. In addition, Deutsche Bank stock is at all time low while the EUROSTOXX 50 index is printing a potential reversal.
Quiz: We look at 3 weekly charts of DXY to figure out it’s trend. 1) Plain chart with chart patterns, trend lines. 2) 2 exponential moving averages. 3) Weekly Heikin Ashi Bollinger Band Stock Trading System.
I look at Natural Gas through price action and Heikin Ashi Bollinger Bands Stock Trading System. These methods suggests NG bullish trend will continue.
Peter DeSario, editor of Elliott Wave International Interest Rates Pro Service, explains why this was a “monumental” week in the bond markets — and offers a preview of which markets he’s keeping his eye on.
The following lesson by Jeffrey Kennedy provides a powerful example of how moving averages can strengthen your ability to identify Elliott Patterns.