Monthly Archives: January 2011

Strategy Update

Hi, To help readers keep track of my posts, I’ve summarised things as they currently stand in the table below Once a strategy has been completed or a set up negated this is noted and the set up is not included … Continue reading

Rate this:

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

EUR:CAD – Daily. Update

It was a bit like saying goodbye to an old friend last night when EUR:CAD broke up through the latest stop level I posted this potential Gartley 222 sell reversal back on 19 October last year. If you are interested in … Continue reading

Rate this:

Posted in Forex, Trading | 1 Comment

EUR:CHF – 240 minute. Bearish Reversal Set Up

Here’s an example of a potential 3 drives to a high set up I’ve described the 3 drives pattern below for those not familiar with it.  Like all reversal set ups, it’s best to have a strong and/or long lasting trend leading … Continue reading

Rate this:

Posted in Forex, Market, Trading | 1 Comment

Carnarvon Petroleum lines up on a Symmetrical Triangle

In what appears to be the era of symmetrical triangle I have found one that may be of interest for Australian share and CFD traders which is Carnarvon Petroleum (CVN ASX). As you can see from the chart, this triangle has … Continue reading

Rate this:

Posted in Shares, Stocks, Trading | Leave a comment

NZDUSD on the cusp of a 15 min descending triangle setup

In the chart below the final thing that’s required for there to be a confirmed setup is another peak within the pattern – otherwise the second peak is missing. If you haven’t dealt with this type of pattern before be … Continue reading

Rate this:

Posted in Forex, Trading | Tagged , , , , , , | Leave a comment

S&P 500 – Daily. 5 Swing Reversal Strategy

Hi, I posted details of a potential sell set up yesterday. This was triggered at the close this morning (Australian time). You can see details of the set up in my posts of 19 Jan and 22 December The chart … Continue reading

Rate this:

Posted in Market, Shares, Stocks, Trading | 7 Comments

S&P 500 – Daily. Bearish reversal set up still in play

Hi everyone, This is my first post for the New Year back from holidays. Best wishes for a prosperous 2011 to you all Summary A confirmed trend peak between current levels and 1313.5 would be a 5 swing sell reversal set up … Continue reading

Rate this:

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

EURJPY forms a Symmetrical Triangle

As you can see in the chart below the EURJPY has just completed the requirements for a Symmetrical Triangle on the 15 minute chart. This is a very short term chart so again I will keep my remarks brief. If … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , , , | 1 Comment

GBPUSD 15 min Symmetrical Triangle

Hi everyone – this is a short term chart so I will keep my remarks brief. Attached is a potential symmetrical triangle setup on the cable. If you take a look at the blog you will see dozens of example … Continue reading

Rate this:

Posted in Forex, Trading | Tagged , , , , , , , , , | Leave a comment

AUDJPY 30 min chart Gartley Cluster

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

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , | Leave a comment