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AUDJPY: Technical Analysis

Well, my posts are few and far between these days.In case anyone else is still following long here is some good information on the 3hr AUDJP...
Posted by | 11.14

AUDJPY: Support Becomes Resistance

My last post showed a profitable overnight setup based on a week long support line on the 1hr chart.Here, I've got an example of a suppo...
Posted by | 04.21

AUDJPY Forecast

What the heck, I may as well jump out on a limb and let you know what I'm seeing with the AUDJPY.Basically, if you look at the chart, we...
Posted by | 06.41

AUDJPY: October Trend

The AUDJPY has been on an upward trajectory for a while now.There is no telling, at least not in advance, whether we'll see more massive...
Posted by | 14.28

Skeptical About The AUDJPY?

I'm sorry you feel that way. Perhaps after looking at the following chart snip you'll think that you may have missed the boat.See h...
Posted by | 20.31

Types of Forex Charts

There are three most popular types of charts: 1. Line chart 2. Bar chart 3. Candlestick chart Line Charts A simple line chart draws a line f...
Posted by | 11.53

EURUSD: Weekend Analysis

I don't generally trade the EURUSD but since it's the weekend I seem to have some extra time on my hands.Here are a series of charts...
Posted by | 09.36

AUDJPY: Some Upward Movement

Finally, after suggesting all day long that I'm looking for upward movement it's finally here.How long will it last? Who knows. Wi...
Posted by | 16.41

AUDJPY: Still In Consolidation Range

I didn't have time to post another update during the day, but things have been pretty slow anyway.Here you can see that the AUDJPY has n...
Posted by | 15.37

Betting Against The AUDJPY

Well, with commodity prices spiraling down the toilet, it's a good time to be short of the AUDJPY.Look, put an SMA 20 on your AUDJPY cha...
Posted by | 20.00

AUDJPY Technicals

I'm looking at my AUDJPY trend line.We've seen some good movement, recovering from the recent meltdown in short order... probably du...
Posted by | 21.16

Seeing Beyond The Bailout

Now that the US bailout package has been passed the question on everyone's mind is what happens next?Nobody knows. Conversely, everyone...
Posted by | 19.21

EURAUD Head And Shoulders?

Are you a Forex carry trader?Don't look now but the EURAUD has completed two out of three components of a head and shoulders pattern on ...
Posted by | 16.48

Day Trading and Scalping

Things are still going very well, but I have to admit I haven't been able to pick off huge gains this week. Not yet anyway.Here's t...
Posted by | 19.05

Learning To Love Stochastics

Many of you trading in the Forex markets know that the difference between success and failure lies in the probabilities.What is the probabil...
Posted by | 13.43

Potential AUD/JPY Double Top

It's hard to say whether it will complete or not, but the 1hr chart is showing the potential to make a nice visible double top by the en...
Posted by | 05.21

No Time? No Problem!

I'm a lot busier than I was. I no longer have time to watch the forex markets full time in pursuit of profits.So, as you can imagine, I...
Posted by | 13.42

Double Top Warning

It isn't here yet, and that means it may never arrive, but we are currently looking at a potential double top on the AUDJPY.This means t...
Posted by | 06.40

Earning While Sleeping or Catching The Top

This morning I wake up to verify that I've made about 30% of the NAV (net asset value) of my downside trading sub-account. Sweet!How di...
Posted by | 05.31

Thursday's Bernanke Dive

Well, as per my previous post, Bernanke maintains his negative signal status.I'm happy to say I was trading the AUDJPY downwards today. ...
Posted by | 13.06