02 September 2010
USDJPY Summary On Wk34, 24Aug 2010, USDJPY broke below it's Y2009 level at 84.8 to 83.6. On 30Aug 2010, although USDJPY did a break above it's Jun2010 DownTrend resistance but was forced back down in the next 4 trading hrs. Therefore the Jun Add to favorites Blogger email Google Buzz LinkedIn StumbleUpon Technorati Twitter
Posted in Forex Trading, Technical Studies0 Comments
31 August 2010
泰源私人有限公司技术分析培训主管王玢霓，接受新明日报访问。 王老师在报告中对东南亚货币发表意见。新明日报2010年8月26日刊登。 其他新闻： 泰源私人有限公司技术分析培训主 Add to favorites Blogger email Google Buzz LinkedIn StumbleUpon Technorati Twitter
Posted in Featured, Forex Trading0 Comments
30 August 2010
Look out for a confluence levels in Loonie. An Ideal zone to short would be at the confluence level of HeadWater, Pivots line & a Fib – R of 50% or 61.8%. Since we have established the flow, wait for a 1234 pattern to form and a signal befo Add to favorites Blogger email Google [...]
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30 August 2010
GBPUSD: Pending for potential inverted head & shoulder pattern On Week 34, GBPUSD did a break below the support zone highlighted in blue on Tuesday, 24th August but in the same week on Thursday, 26th August price still gush back up. Eve Add to favorites Blogger email Google Buzz LinkedIn StumbleUpon Technorati Twitter
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30 August 2010
This week analysis, I have zoomed out into the very big picture to search for key supports and resistances. I must say it has given me a few surprises and interesting results. <<AUDUSD MN: Identifying S&R with confluences>> Add to favorites Blogger email Google Buzz LinkedIn StumbleUpon Technorati Twitter
Posted in Forex Trading, Technical Studies0 Comments
30 August 2010
From my previous posting two weeks ago, I mentioned about two types of trades: Impatience and the patience traders. USDCAD has hit the level I mentioned and moved about 400 pips up and thus breaking out of the triangle formation. So if you are Add to favorites Blogger email Google Buzz LinkedIn StumbleUpon Technorati Twitter
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30 August 2010
Week 34 EURJPY Review: New Low for 2010… With Regret? The weakness of our beloved EURJPY was evident for all to see in early Week 34. Its fall on Monday and Tuesday signalled yet another new low for 2010. We have had a few of them in the past Add to favorites Blogger email Google [...]
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30 August 2010
AUDJPY IS STILL CONSOLIDATING INSIDE A BIG TRIANGLE Daily Chart Will the triangle still hold? Once again it is still consolidating within the big clear triangle, the only difference is that the extreme ascending TL has replaced the other Add to favorites Blogger email Google Buzz LinkedIn StumbleUpon Technorati Twitter
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29 August 2010
USDJPY has been in the downtrend since Jun2010 and in the month of Aug2010, USDJPY had slipped into the Y2009 Support Zone (highlighted in yellow). After tested it's Y2009 low at 84.8 for few times, USDJPY finally cannot sustain the fall Add to favorites Blogger email Google Buzz LinkedIn StumbleUpon Technorati Twitter
Posted in Technical Studies0 Comments
23 August 2010
When a seemingly neckline has been broken down but yet broken above subsequently, which might be the case of EURUSD, then might have a big WR in EURUSD. After the potential WR, then we can use the lower TF to finetune an entry on retracement w Add to favorites Blogger email Google Buzz LinkedIn StumbleUpon [...]
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23 August 2010
August 17, 2010 By Elliott Wave International In the August issue of his Elliott Wave Theorist, market forecaster Robert Prechter alerted readers that the U.S. stock market was slicing the neckline of a classic head-and-shoulders pattern in technic Add to favorites Blogger email Google Buzz LinkedIn StumbleUpon Technorati Twitter
Posted in Technical Studies0 Comments
23 August 2010
Week 33 EURJPY Review: Really Back In Range Last week, we spoke of how our beloved EURJPY giving us an emotional teaser that it would be on its way to recovery. We had been warned “not to ignore the strength of the downfall in Week 32”. On Add to favorites Blogger email Google Buzz LinkedIn [...]
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23 August 2010
GBPUSD reacting to the horizontal support zone On last week Monday, 16 August 2010, we mentioned that “if price couldn’t hold the channel and breaks down then the next potential support will be the highlighted blue zone shown in the chart Add to favorites Blogger email Google Buzz LinkedIn StumbleUpon Technorati Twitter
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23 August 2010
CONSOLIDATION WITHIN BIG SYMMETRICAL TRIANGLE H4 Chart Will the triangle hold? Once again it has proven the strong support and resistance level for the AUDJPY. W33 was another week of consolidation. The green zone and the blue support l Add to favorites Blogger email Google Buzz LinkedIn StumbleUpon Technorati Twitter
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20 August 2010
The Dow appears to be more 'resisted' than supported. A bullish situations hangs on the a few potential 'ideas' for support as well as the 200-day ema. GBPUSD prints likely continuation for short. This is despite it near to more resistance of Add to favorites Blogger email Google Buzz LinkedIn StumbleUpon Technorati Twitter
Posted in Forex Trading, Technical Studies1 Comment
19 August 2010
The best thing about Tflow® is that it helps you to prevent being stopped out of a winning trade and then find the trade going in your direction. Tflow® strategy trades on the "regret' of traders (especially those who are playing breakout). Onc Add to favorites Blogger email Google Buzz LinkedIn StumbleUpon Technorati Twitter
Posted in Forex Trading0 Comments
16 August 2010
Week 32 EURJPY Review: Slumped Back Into Range? Some food for thought: How much effort/time/energy do we put into something that we want? For e.g. FX trading. How much effort/time/energy do we put into finding a winning formula, versus repea Add to favorites Blogger email Google Buzz LinkedIn StumbleUpon Technorati Twitter
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16 August 2010
USDCAD is still stuck in a triangle formation for many many weeks and price may be near at the upper channel of the Day Triangle, but with Tflow® we don't play break out. With week 31 opening at low of 1.0260, reached a high of 1.0493 but Add to favorites Blogger email Google Buzz LinkedIn [...]
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16 August 2010
GBPUSD at a critical decision point Following up on the previous post, we mentioned that if “GBPUSD can’t break above the previous high and form like a “double top” pattern, then we’ll let the down flow establish first and wait for t Add to favorites Blogger email Google Buzz LinkedIn StumbleUpon Technorati Twitter
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16 August 2010
GETTING READY FOR A BEAR? H4 Chart AUDJPY is out from ascending triangle After 2 weeks of consolidation, AUDJPY refused to rise further and the ascending triangle works has failed. In fact the price could not surpass the high of W31 and Add to favorites Blogger email Google Buzz LinkedIn StumbleUpon Technorati Twitter
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Added on 12 May 2010
Private: Mid-week review for USDJPY
新明日报访问王玢霓：看好印尼盾
Private: Important confluence levels for a potential short in USDCAD
Singapore forex strategy – Advance warning for a potential reversal in GBPUSD
AUDUSD Failed Head and Shoulders
Singapore forex trade – Important support and resistance zone of USDCAD, Loonie
Singapore forex strategy – EURJPY might have reversed on H4 chart with Equidistant channel
Private: Singapore forex strategy – Update on AUDJPY still consolidating in a triangle
Private: USDJPY Broke Long Term Support ; DownTrend Stays Intact
Private: Singapore Forex Trading – EURUSD Daily Chart Important Clue to future movement
