http://www.economist.com/blogs/buttonwood/2010/02/china_paper_money_and_west.
Read more →Price takes the path of least resistance: We wait for the market to reveal its hand.
Read more →Multiple Time Frame Analysis is a very important technical study to master for FX trading. The principle to follow in Multiple Time Frame Analysis is this: the chart in the higher time frame shows the larger picture or trend. It is stronger and will have influence on
Read more →Resistance and support lines in the Aussie define a broadening formation – one that has characteristics of high volatility with little direction. Traders would typically be on the lookout for swing trades at the turning points. The intraday chart can provide more clues to the trader and
Read more →Chief Trainer Ms Binni Ong has been invited to ‘Independent Dynamics’ – an Entrepreneurship conference organised by NTUC Club nEbO. This conference will be targeted at university students primarily from NTU, NUS and SMU. The projected number of participants will be 150 with a total of 28
Read more →For the past 2 weeks or so, we are seeing the US Dollar Index moving in a trading range, which also defines its current support and resistance level. The COT Report released last Fri points to a slightly lower Total Open Interest and a slight unwinding of
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We are excited that TerraSeeds Market Technician Pte Ltd was featured on the The Business Times on Thursday 11 February 2010. For press information, please contact: Mr. Soh Tiong Hum * Director, Ethics & Compliance Manager * corporate[at]terraseeds.com
Read more →*Latest update* – 18 February 2010 This event has been postponed till 07 March 2010. For further details, please contact the organizer SharesInvestment/???? at +65 67458733. — Ms Ong will talk about the technical direction of the STI. Registration and payment can be found here.
Read more →In the post on Breakout Knocking at GBPJPY?, we saw a symmetrical triangle on a weekly chart and anticipated 2 possible breakouts – Bullish breakout or Bearish breakout. Now, we see a possible breakout on the hourly chart of GBPJPY which is forming a Symmetrical Triangle. If
Read more →From Last Friday’s COT Report, the Commercial Net Position has moved down to the level near Jan 2010, a net short level which is unseen for the past 5 years. In addition, the Total Open Interest remains on a high level. Together, these indicate that the current
Read more →Previously, we talk about how the Tflow system can be used to earn 500 pips in 1 week. Just yesterday during our Forex live hands on session, we see another powerful move shown by Tflow on GBPJPY, one of the most volatile currencies traded. Have a look
Read more →Following up with my previous post on Demystify the Correlation of Currencies. We mentioned about Positive and Negative Correlation, and now we look into what is correlation coefficient. Correlation coefficient for Currencies is a number to describe the closeness of the correlation for any two currency pairs.
Read more →Pattern requires break of short blue trendline to confirm.
Read more →This is my contribution to Erwin’s discussion on the AUDUSD in his blog. What is different in my chart is the introduction of another trendline – one that is steeper. Trendlines have 2 commonly discussed values: Gradient of trendline defines trend It acts as support and resistance
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