Monthly Archives: December 2012

Seasons Greetings

A peaceful and joyous Christmas to all, and a prosperous 2013. Many thanks to those who’ve made this blog an enjoyable endeavour – our guest bloggers, fellow traders, commentators, those with suggestions for improvement, and all our silent readers. This … Continue reading

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Posted in Uncategorized | 3 Comments

USD:JPY – Sell Strategy

With markets reacting nervously to this afternoon’s news that Republicans have abandoned the planned passage through Congress of a bill on deficit reduction, the Dollar: Yen set up I discussed in recent posts looks a chance of being triggered today

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Diversify or Rotate?

The Australian share market is up 16% from its June lows. Investors brave enough to buy an index portfolio near the lows are now sitting on gains of around 20% over six months, once dividends are included. Of course, those … Continue reading

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Iron Ore and BHP charts – updated outlook

With the iron ore price now being a key barometer for Australian markets, it’s worth keeping an eye on the chart. To help keep readers up to date, I’ve posted the latest iron ore index chart with some of my thoughts on the outlook … Continue reading

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

CAD/JPY “History Rhymes”

Yen weakness on the re-election of the LDP in Japan appears to anticipate the new government pressuring the Bank of Japan to further increase liquidity. While this may eventually be the case, and while favouring Yen weakness overall, in the … Continue reading

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USD: JPY – Japanese election puts 2nd reversal target into play.

The sell set up I posted on Thursday failed to trigger. After the weekend’s convincing election win by Shinzo Abe, Dollar: Yen gapped higher this morning with traders anticipating a more aggressive approach to both fiscal and monetary stimulus in Japan. The net result – a good … Continue reading

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USD:JPY – Reversal target in sight

Dollar: Yen looks as though it might become an example of the cluster zone strategy I outlined in yesterday’s Fibonacci projection video

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Double Down DAX

Share markets around the globe rallied as fears about the “fiscal cliff” receded.  This is a flip around in market thinking – from pricing a US fiscal stalemate to an assumption that agreement is likely. While this may be the case, the … Continue reading

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Fibonacci in practice

I’ve recorded a couple of videos to share some thoughts on the practical aspects of building Fibonacci analysis into trade entry and exit strategies The first video covers retracement analysis and basic strategy. The 2nd one builds on this with an introductory look … Continue reading

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Australia 200 – Correction Over – Break Out

In overnight trading the Australia 200 Index hit a new high for 2012. While the post-GFC proliferation of “false breaks” and overbought oscillators suggest caution, the primary evidence points to further gains before year end.

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Posted in Market, Shares, Stocks, Trading | Tagged , , , , , | 1 Comment