Tag Archives: Channel

AUD/JPY – Get Ready for Action

Rarely would I look at a chart in such a clear ranging pattern and try to create excitement about it. This chart is one of the rare occasions because I think for traders it has some potentially useful characteristics. One … Continue reading

Rate this:

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

Want to buy the dips? Try CSR

One of the most used phrases that you hear in financial markets is ‘buy the dips’. Like all of these bits of apparent genius it tells you less than the full story. The thing that you are really looking to … Continue reading

Rate this:

Posted in Shares, Stocks, Trading | Tagged , , , , | 2 Comments

And now for something completely different – US Equity Chart Setups

Whilst a number of these make it to the Message Board I don’t often put them into blogs but I thought today I would put a couple in and see what sort of interest there is for them – so … Continue reading

Rate this:

Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , | 2 Comments

Australia 200 Index – Trading theTrend Channel

Reviewing the major index charts this morning, the Australia 200 CFD looks one of the more interestingly placed. The daily chart managed to bounce off the bottom of an established trend channel on Wednesday. However, the longer term chart and … Continue reading

Rate this:

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

USD weakness slowing in the short term

Good morning everyone, I have attached a 10 minute chart of the Euro for you to take a look at but there is a similar formation happening with the AUDUSD as well which may be worth a look. As you … Continue reading

Rate this:

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

AUD:USD – Bullish Channel

The Aussie¬†rejects a¬†trend line support on Friday and in doing so has confirmed a downward sloping trend channel formation. Given the overall structure of this chart at the moment this looks like something that could lead to a buy set … Continue reading

Rate this:

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

Alcoa (AA US) in wide channel but resistance close

Hello everyone, usually I would post this type of setup a bit earlier in the construction of the formation but as it turns out it doesn’t make a lot of difference in terms of price movement so it’s probably worth … Continue reading

Rate this:

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

Bluescope (BSL) needs to push through plenty of resistance

Hi everyone – I thought some charts may be just the thing for the long weekend in Australia so here is one to be going on with: Source: Incredible Charts This is a really fascinating chart because it is running … Continue reading

Rate this:

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

BHP AU almost at retracement point to the channel

Good morning everyone – the following isn’t a chart setup per se but I thought it was worth a look in any case because we are talking about the Big Australian afterall. Recently I showed you a chart where BHP … Continue reading

Rate this:

Posted in Market, Shares, Stocks, Uncategorized | Tagged , , , | Leave a comment

BHP hits bottom end of daily channel

Good morning everyone, anyone who watches the Australian market will be an avid watcher of BHP Billiton shares. Given the huge amount of the index that it makes up it’s a key company because it can genuinely move the market. … Continue reading

Rate this:

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