Monthly Archives: November 2010

Strategy Update

  To help readers keep track of my posts, the table below shows how things stand at present Once a potential set up is negated or a current strategy has been completed this is noted in the table and then not … Continue reading

Rate this:

Posted in Commodity, Forex, Gold, Market, Shares, Stocks, Trading | Leave a comment

US Bond Chart tells an interesting story

If the inverse head and shoulders in the US 10 year bond index meets its targets we will see yields increase to around 3.1-3.4%. At the risk of confusing traders I’ve shown a yield chart here rather than a price chart. US … Continue reading

Rate this:

Posted in Bonds, Commodity, Market, Shares, Stocks, Trading | Leave a comment

AUD:CAD – Daily. Head & Shoulders Update

I posted details of the potential Head and Shoulders top in this chart on 25 November. Price closed below the neck line on Friday triggering an entry. Some profit targets and an initial stop level are noted on the chart below … Continue reading

Rate this:

Posted in Forex, Market, Trading | Leave a comment

Gold – Daily. Possible Head & Shoulder

If the gold market continues to decline from here it could make a head and shoulders top formation. To complete a head and shoulders price would need to break below the neck line shown on the chart below If we … Continue reading

Rate this:

Posted in Commodity, Gold, Market, Trading | Leave a comment

Onesteel (OST-ASX) – Daily. W reversal set up

Yesterday’s low in this stock looks like a retest of the previous low The market has now rallied away from that level and formed the classic W or double bottom type shape as shown on the chart below The Bollinger … Continue reading

Rate this:

Posted in Market, Shares, Stocks, Trading | Leave a comment

Harvey Norman (HVN AU) looking for potential bullish Gartley reversal

My earlier post today was about Australian retailer David Jones and continuing along those lines I have another retailer to consider – this time Harvey Norman. The formation here is one that we talk about quite regularly which is the … Continue reading

Rate this:

Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , , | Leave a comment

David Jones (DJS AU) looking to potential bullish ‘W’ reversal

We have been lucky enough to have a lot of chart setups to keep us amused over the last few weeks but Ric and I are always working to bring you more – I for one am working on some … Continue reading

Rate this:

Posted in Market, Shares, Stocks, Trading | Tagged , , , , | Leave a comment

Nikkei 225 – Daily

I posted details of a potential Gartley sell set up on the Nikkei on 19 November and again yesterday This was triggered into yesterday and I’ve put stop levels and profit targets on the chart below. These levels use the same … Continue reading

Rate this:

Posted in Uncategorized | Leave a comment

EURCAD – Daily. Strategy Update

I posted details of a Gartley sell set up in this currency pair on 19 October. Under this strategy you would have sold at around 1.4190 on 26 October and would still be short After yesterday’s candle there is now an … Continue reading

Rate this:

Posted in Forex, Market, Trading | Leave a comment

AUD:CAD – Daily. Bearish Reversal Set Up

This chart has made a head and shoulders formation Reversal traders would sell on a confirmed break below the neck line The higher time frame weekly stochastic oscillator is now trending down from the overbought zone confirming prospects for a short position. … Continue reading

Rate this:

Posted in Forex, Market, Trading | Leave a comment