Weekly Analysis - WE 27 Aug 10

Weekly Analysis - WE 20 Aug 2010

Monthly and Weekly Analysis WE 7 Aug 10

Weekly Analysis - WE 30 Jul 10

Weekly Analysis - WE 24 Jul 07

Looks Like the EQ double dip is on after all in the US!!

Weekly Analysis - WE 16 Jul 10

Monthly and Weekly Analysis WE 4 Jul 10

Few major trend changes this month/week

Weekly Analysis WE 25 Jun 10

Looks like 'risk-on' again this week. Budget in UK may shape Stirling but rumours it will be bid on the austerity measures.

Weekly Analysis WE 11 Jun 10

Quite a lot of neutral this week as some of the hammers on some pairs are still in play (ie lows not violated) I try and colour as per the swing in play and the controlling candle. For instance a hammer will mean a grey week until it's high is taken out positively meaning a new swing low has been put into place. Some weeks this can be confusing but I try and stick with the major trend in play. Forex trending looks so simple in hindsight - why am I still not short Euro after that great weekly shooting star and lower high?? Psychology - the stuff that separates winners and losers - ignore it at your trading peril!

Weekly Analysis WE 21 May 10

Lots of xxxjpy IBs that could hold the key to how the EQ's develop? In the Flash Crash 2 week's ago the xxxjpy pairs started selling off some 50 mins before the Eq's crashed. Seems the carry trade is alive and well.

Weekly Analysis - WE 14 May 10

Big swing in colours and sentiment this week. I'm a little suspicious of the massive down move last week in the US Indices. Was this panic selling, programme selling or a concerted move by a few major players to make huge sums of money? Most of the down move happened in a 20 min period and the SEC is investigating the 'drop and bounce'. I heard of many trades being cancelled by the exchanges on some 'errant' trades where 100 shares were bought of leading US large caps at a few cents etc. All very odd and subsequently trading this week may be very range bound until markets have time to digest all this news and action. The US non-farms were positive though. Leans me towards market manipulation. Citi-Bank did the same thing a few years ago on a lesser scale and got away with it!!

Another issue has been the rise of the recent Indices' trends on low volume and I read that due to the exchanges being less centralised there was a lack of liquidity to match trades on certain platforms last week. As there were only a few exchanges some years back, these huge drops were less likely as there was always big volumes in the exchanges. Now that more transactions are conducted off exchange and spread over more dealers etc there has been concern that the lack of volume and liquidity in the major exchanges could have actually precipitated the fall last week as there were no long trades being matched on the other side of the deals. Many people were trapped for the whole move and unable to get in or out; again, the US SEC is investigating...

Weekly Analysis

Messy looking week that hinges on what the Eq's do I think. Looks like FTSE has already topped out and a new down trend has begun. Will the US follow? Sell in May..... ;)

Weekly Analysis - WE 30 Apr 10

Well, the Eq's still keep going up. Best trade this week looks like long xxxJPY pairs!

IBs and Indecision!

Another week of IB's and indecision! Will have to wait and see if the Goldmans SEC suing adds further bear weight to Eq's on Mon. Bearish Dark Cloud Cover on some Commod pairs.

Weekly Analysis - WE 16 Apr 10

Another mixed bag this week - Eq's just keep rallying and the 3 TFs are not all lining up nicely in many Forex pairs. Another week of patience!

Weekly Analysis WE 9 Apr 10

Some strong action against the Yens - looks like the start of a new trend of Yen being sold?

The week ahead - 28 Mar 10

Mixed bag really this week - nothing too inspiring - markets seem to be in equilibrium.

This week's analysis - could things now be on the move with EurUsd and UsdChf looking like they have broken free of the recent range?Plenty of daily hammers and shooting stars about too so we could see some major trend reversals - does Forex lead the EQs? All will be revealed!

Weekly Analysis - WE 22 Nov 09

Lt Sweet Crude Dec Fut – Long only on pullbacks – Boss shows inverted hammeragain, Closed above Mas and NO TL break yet so still long only.

Nat Gas – 4th Boss down trend bar and up TL break. Wait for a test of the BO level and poss retrace after the TL break back up to a HH or LH. Expected move after the major down trend line was breached on strong momentum so expecting a higher low test. Wait for HL to establish before going Long.

Gold (Spot)– Monthly Bull Candle breaking old highs. 2nd Boss bull trend candle after BO test 2 weeks' ago. Long Only.

DowJones Dec Fut -(YMZ9) – Monthly Doji high broken. Boss bull trend after the down TL break. After such a strong TL break there will be a retest of the BO poss back to 8944 level. Too bid for me; Worker shows a steep rising wedge with a pattern overshoot. Wait for confirmation then Short only below 10000 level.

FTSE Fut (FFIZ9)– Boss trying a 2nd BO of the 5300 level. Poss double top here with worker showing 3 dojis. If the 5300 level is rejected expect a test of the last BO level back at 4477. Too bid for me, so wait for trend change and poss short.

Cable – Boss shows a perfect doji and poss LH from the Shooting Star high some weeks back. 1.6750 level seems key so if it's rejected, short only below last low at 1.6500.

Gbpyen. - Boss still in minor Barbwire but still above the TL from the lows. Long above 153.90 and short below 145.00. Worker in pennant shape, so expect an explosive move when she goes but side with short to main TL after Dbl Top.

Gbpchf – Weekly Hang Man candle below the Mas on boss that are on top of one another. PA stuck underneath them and last UP TL so short only on pullbacks on the worker. Worker shows Shooting Star on Fri so short below 1.6832.

Eurusd – Boss shows a weak shooting star and LH after the BEEB 2 weeks ago. Still above steep TL so until that is broken its long only. Careful of poss LH Dbl top – if the test of the BO level at 1.4800 goes then get short.

Audusd – Monthly still in Up trend. Worker shows poss HH double top. Still above the TL though so until that breaks it's long only.

Usdchf – Boss give a hammer 2nd low poss dbl bottom. Still in major down trend so until the last high of that trend at 1.0350 goes it's short on pullbacks.

Usdcad – Monthly hammer off key level and gives a HL from the low at Sep 07. Boss shows a bear candle but worker gives poss HL with a BUOB. This looks like a test of the major down trend break with a HL. PA is above the down trend line so the hammer is still the controlling candle – long above candle high at 1.110.

USDYEN – Boss still in major down trend. No TL breaks yet so short only. Worker shows a BEEB on Fri so short below that at 89.45.

Euryen – Boss still rangebound; Poss weak S Star last week. Line chart above the TL from lows still, so long only above 135.40.

Eurgbp – Hang' Man last week. Worker is rangebound and stuck sideways. Unsure so Neutral.

Eurnzd – Boss gapped lower last week but still above the low of the BUEB previously. Major down TL broken so could be a test of that BO. Wait for a HL before any longs. Neutral.

Gbpcad – Boss LH with BEEB last week from previous Hang' Man candle. Back below the SR at 1.771 so short only with trend.

Nzdusd – Monthly Shooter still in play. Wait for break of the .7070 level to get short.

Audyen – Up trend still intact so long only above the last high at 85.00. Worker looking weak though with various dojis. Wait for a test of the last BO from the 82.00 level before anything.

EurCad – Mas all flat on Monthly and boss poss dbl top bear flag. Rangebound but worker still below dbl top bear flag. Wait for market to show hand.

GbpAud – Monthly hammer on trend channel overshoot low after 2 pushes down. Boss BUOB. Worker shows a poss HL IB. Long only above 1.8500.

CadJpy – Monthly bear candle boss BEEB after monthly 20ema test and rejection of descending TL from highs. Short only below 81.91 level.

NzdJpy - Monthly Shooter – Boss BEEB. Worker shows poss test of underside of the up TL. Short only below 62.88.