Tag Archives: Fibonacci

EUR:AUD – Buy Strategy Update

Posted on April 20, 2012 by

The strategy I posted yesterday triggered as a buy set up. I’ve outlined some thoughts on one approach to trading strategy for readers interested in following progress on this trade.

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AUDUSD – Opens the week at an interesting resistance level

Posted on March 26, 2012 by

The Aussie’s decline from 1.0857 has so far taken the form of a strong, impulsive move i.e strong downward moves interupted by relatively weak, corrective uptrends The market has opened this morning with the hourly chart sitting just under the … Continue reading →

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CHF:JPY – Fibonacci Sell Set Up on a weak close

Posted on March 22, 2012 by

Based on Fibonacci projections this chart has arrived at a point that could set it up for a significant decline

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Australia 200 – Commentary and Chart Review

Posted on March 12, 2012 by

Friday’s solid US employment data indicates an economy well into a moderate economic recovery cycle. This contrasts with recent data from both Australia and China and provides some insight into the soft opening by both the Australian Dollar and the … Continue reading →

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Telstra Dividend – Announcement puts butterfly reversal in play.

Posted on February 9, 2012 by

Hi everyone, Telstra has had a strong rally since August. However, upside momentum has faltered in the new year and after today’s profit announcement and unchanged dividend there is potential for a butterfly reversal set up in this stock. I … Continue reading →

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Trading Insights 11/11/11

Posted on November 11, 2011 by

Hello everyone, the following video takes a look at some of the overnight action on the fixed interest, commodity and equity front.

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Metlife (MET US) close to forming Gartley pattern

Posted on May 4, 2011 by

Hello loyal blog followers, I have been spending a lot of my analysis time lately working on my favourite setup types which revolve around pattern recognition. I ran a scan for Gartley setups today though and was amazed at the … Continue reading →

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AGO Head and Shoulders Update

Posted on March 15, 2011 by

Good morning everyone, recently we looked at a potential head and shoulders setup on Atlas Iron which I wanted to send you an update on. The first thing that I wanted to look at was the profit target based on … Continue reading →

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AUDJPY 30 min chart Gartley Cluster

Posted on January 17, 2011 by

Another week begins and so too does the relentless scan for new chart patterns to talk about. Happily today we have a Gartley cluster to get the ball rolling so take a look at this: The Gartley formation looks for … Continue reading →

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USDJPY Potential 5 min Gartley Cluster

Posted on January 12, 2011 by

It can be a little tricky sometimes to find Gartley clusters. When they are 5 minute ones they are tough to find and tough to blog quickly too. In any case there is a potential one occuring here on the … Continue reading →

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