Tag Archives: reversal

AUDUSD – Key Moving Averages to Tell the Tale

The AUDUSD has been one of those slightly irritating trading pairs of late. Irritating because it has been tough to lump in with all the other currencies due to its often strong performances relative to currencies like the euro. Whilst … Continue reading

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Mean reversion and the great headline turnaround of 2012

Was it the news itself or the fact that European leaders found some common ground that drove markets higher? Whatever the case I think what we have seen in a number of markets is something of a bump on both … Continue reading

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EUR/USD – Stalking your prey may be the go

Whilst I normally write about trade setups that are imminent I thought today I would share with you a different perspective on looking at setups and discuss how looking at some different timeframes can give you a clearer picture on … Continue reading

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HGG forms up for Symmetrical Triangle

After quite a sharp run up in price, Henderson Group has entered into a symmetrical triangle consolidation pattern (one could possibly argue double top pattern as an alternative). This will mean that traders will now be looking for a breakout … Continue reading

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CADJPY see potential Gartley reversal on 30 min chart

One of the setups that remains very popular with readers is the Gartley reversal. This setup occurs after a corrective movement against the direction of the impulsive trend. The 2 things that the trader looks for is the ABC swings … Continue reading

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Harvey Norman (HVN AU) looking for potential bullish Gartley reversal

My earlier post today was about Australian retailer David Jones and continuing along those lines I have another retailer to consider – this time Harvey Norman. The formation here is one that we talk about quite regularly which is the … Continue reading

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David Jones (DJS AU) looking to potential bullish ‘W’ reversal

We have been lucky enough to have a lot of chart setups to keep us amused over the last few weeks but Ric and I are always working to bring you more – I for one am working on some … Continue reading

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Possible ‘M’ Reversal setup on Amazon

The ‘M’ Reversal needs one peak to be formed outside the upper Bollinger Band and the subsequent peak to be formed within the band; The stop loss will generally be placed above the high of the second peak; The trader … Continue reading

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USDJPY possible 30 min Gartley Reversal setup

The ebb and flow of the USD is of course the biggest talking point in the financial markets at the moment and the race to the bottom for currencies around the world is something that’s getting temperatures up and causing … Continue reading

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Copper price looking at 60 minute Gartley reversal

We have been positing a number of Gartley reversals in recent days and today isn’t shaping up to be any different with one forming up on the hourly chart of the copper price traded in New York. The thing about … Continue reading

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