Blog Archive

Assorted forex, index charts; stock correction round the corner

These charts of DXY, EURUSD, AUDJPY, SiMSCI and the IWM, SPY and DJT all say this message to me: that the USD will continue higher and a stock correction is just round the corner.

Long or short, the fortune of 3 GBP crosses

Article 50 for Brexit is coming 29 March 2017. Quick look at 3 GBP pairs, GBPJPY, GBPAUD and GBPSGD based on relative strength offers contrast for traders who plan to trade GBP outcome.

Huge infographic ‘Rise and Rise of Bitcoin’ by Total Processing

A huge infographic on the rise and rise of Bitcoin from 2008 by Total Processing. Total Processing is a payment solution provider based in Manchester, UK.

XLE, Natgas, DIA and WTI signalling something?

4 charts that says something is brewing. If the signals are true, XLE is a leading indicator which we will see some WTI, index moves in the near future.

AUDUSD, AUDCAD and AUDJPY observations

Pointing out some observations of AUDUSD, AUDCAD and AUDJPY, price reaction to significant levels. Additionally note AUDJPY can be a prediction for Asian stock indices.

How to Easily ID Support and Resistance on Your Charts

6-minute trading video by Jeffrey Kennedy at Trader's Classroom, Elliott Wave International describing how to identify, use historical horizontal supports and resistance levels/zones. Example with Bank of America (BAC) chart.