Monthly Archives: January 2013

Copper at resistance

I posted details of a buy set up in copper when it was testing triangle support back on 19 November. It’s taken a while but, the red metal last night arrived at the resistance line on the upper side of the triangle. … Continue reading

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

Apple – thoughts on the long term chart outlook

One of the most notable features of the current market landscape is Apple’s 37% decline since September while the broad US SPX Index CFD has risen 3.5% over the same period. We’ve had a lot of client interest in the outlook for Apple so … Continue reading

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Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , , , | 5 Comments

Australia 200 Index – How high could it go?

As I write this blog on Tuesday afternoon, we are ending the sort of market day that’s become common recently – a solid move higher without any specific news trigger. The reason of course, is portfolio switching out of bonds and cash into equities as investors adjust to what looks like a lower risk environment. … Continue reading

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NZD/JPY – Watching key resistance

The Bank of Japan meeting on Tuesday, left markets undecided. As expected, the Bank announced a 2% inflation target for the medium term and a significant stimulus plan to help achieve this. However, the new plan for monthly government debt purchases will … Continue reading

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USD/SGD – Triangle Alert

Advance readings on GDP for Singapore suggest the period of prolonged weakness is coming to an end. Combined with the US Fed’s ongoing action to weaken the USD, there is a case for short positions in USD/SGD (short USD long … Continue reading

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Hong Kong – Fundamental Over Technical

The argument between fundamental and technical analysts never ends – it’s the financial markets equivalent of science’s “nurture versus nature” argument. While there are extremist supporters of each discipline, many modern traders take a pragmatic approach, and draw on information … Continue reading

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Japan 225 Head and Shoulder – a set up for today’s Bank of Japan decision

Japanese markets have run hard in expectation that the Bank of Japan is about to signal a far more aggressive approach to monetary policy. Momentum oscillators though, have recently been showing classic divergence. With expectations set high, this situation looks to have … Continue reading

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Buy AUD/JPY Ahead of BoJ

The Bank of Japan today conclude’s a two day meeting. Markets are expecting a commitment to a 2% inflation target (up from 1%) and further measures to stimulate the Japanese economy through a weaker Yen. (For a full discussion of … Continue reading

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EURJPY – Intraday short position on weekly chart trade

Last week’s peak was in the target zone for the shark pattern discussed in DV34’s post last week. With weekly chart setting up for a possible candlestick hanging man, our guest blogger explains why he has entered a short position based on the hourly … Continue reading

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Posted in Forex, Market, Trading | Tagged | 4 Comments

Shui On Land (272 Hong Kong) – chart set up

Background As readers will be aware, I include the Hong Kong stock market amongst the markets I monitor.  For technical traders, it seems to produce more than its fair share of attractive trends with the added advantage of convenient trading hours for Australian traders.

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