Monthly Archives: February 2013

GBP: USD – Bollinger Band Setup

Cable has the early look of a possible “W” reversal buy setup after its 3 week decline.

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Five Minutes a Day Trading – Can’t Lose – Feb 27

A succesful trade overnight puts the strategy back into profit. With only one trade to go, the strategy will make money for the month – either a gain of 10 index points, or a gain of 56 points. Its been … Continue reading

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Dax – Double Top

Despite a couple of big selling sessions this month the German 30 CFD, like the Australia 200 has clung on without breaking major support. However, yesterday’s big reversal candle leaves what might be a double top. This could make the next couple of … Continue reading

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Five Minutes a Day Trading – Down to the Wire – Feb 26

It looks like this one is going down to the wire. Stop out (D@mn those Italian politicians). Two days to go – one successful trade away from break even, two from a winning month. The analysis period showed eight winning … Continue reading

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The Big Picture – Termination patterns in US 30 and Yen pairs

Guest Post by DV 34 As world markets nervously consider the implications of the Italian election result, DV 34’s post on the potential for big picture reversal patterns may be a timely read. DV has also generously shared some of his recent experiences … Continue reading

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Five Minutes a Day – Result in Sight – Feb 25

The overnight wobbles induced by the Italian election saw the strategy enter a sell trade, only to stop out as early, erroneous reports from exit polls suggested the centre left coalition had control of the parliament drove markets higher. The Germany 30 … Continue reading

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Australia 200 – Weekly Outlook

At the close of trade last Thursday, most commentators were assuming that a correction was under way. By Friday afternoon giving the benefit of doubt to an established trend again seemed the safer strategy. Even so, Thursday’s 2.3% decline, on high volume could be an early warning of the … Continue reading

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Five Minutes a Day

Early day session volatility hurts the 5MADT strategy – and that’s exactly what we got on Friday night. A blip downwards, and then a quick reversal saw the strategy stopped out very early in the piece. With 4 trades remaining, … Continue reading

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USD: JPY – Emerging Head and Shoulder Pattern.

The Dollar Yen rally has been showing signs of losing momentum after gaining 22% since September. For pattern traders, there is now an interesting head and shoulder perched at the top of this rally.

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Australia 200 Index – 1,2,3 in Action

On Wednesday, we looked at the difficulties traders face in joining strong uptrends – you can read the full piece here: http://blog.cmcmarkets.com.au/2013/02/20/australia-200-index-123/ Today’s market in the Australia 200 presented multiple examples of this technique in action – across many time … Continue reading

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