Monthly Archives: October 2012

Dividend Yield Update – Telstra and the Big Banks

Dividend yields are now a key driver of investment in Australian shares – and to some extent, are predictive for traders. Banks’, and Telstra’s, share prices have risen. Additionally, ANZ and NAB announced dividends for November, and Telstra affirmed a … Continue reading

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Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , , ,

Aussie Dollar Chart – Long term outlook

The trading world has plenty of standard sayings and pieces of “accepted wisdom”. In my experience plenty of these are actually very useful, but many are not. It pays to be guided by evidence and your own experience. One concept that I have … Continue reading

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

EUR/GBP sets up for trendline bounce….and more

I don’t know about you but I think there is comfort to be found in charts that have a good history of respecting the technical indicator that you are about to apply. This may be ‘feel-goodery’ on my part but … Continue reading

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Posted in Forex, Trading | 2 Comments

GBP:USD – respecting channel resistance

As we head into what looks like a quiet start to the week with New York markets largely closed, GBP:USD looks to be one chart that has found a critical level for tonight’s session.

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Sell AUD/USD on RBA Inaction

Will the Reserve Bank of Australia cut rates at its monthly meeting next Tuesday? It’s a tough call. International signals are mixed, local data is mixed, and the latest CPI shows that inflation rose to the middle of the RBA’s … Continue reading

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Posted in Forex, Market, Trading | Tagged , , , , , | 3 Comments

RSI, MACD or Stochastic – which one to use and when

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Posted in Market | Tagged , , , | 2 Comments

USD/CAD Alert

The US Dollar Index is closely watched by traders around the world. A measure of the USD against a basket of currencies (substantially EUR, GBP and JPY), it is a useful indicator of the overall performance of the world’s reserve currency……..and a striking … Continue reading

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GBP:AUD – Day traders set up

As we head into the start of the European session tonight, I though readers may be interested in this example of a triangle set up in the GBP:AUD 5 minute chart.

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Oil – Decision Time

Oil in the US is at a key level. The weekly inventories report overnight saw production at levels three times forecast – 5.9 million barrels produced against 1.8 million barrels estimated. This pushed oil through support on the charts, and … Continue reading

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Posted in Commodity, Market, Trading | Tagged , , , ,

Brent Oil – Profit target

The chart below outlines an approach to setting the profit objective for the Brent Oil short sell strategy I posted last Wednesday

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