25 Apr 2010

Weekly Analysis - WE 30 Apr 10

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

18 Apr 2010

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.

11 Apr 2010

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!

3 Apr 2010

Weekly Analysis WE 9 Apr 10

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

31 Mar 2010

Apr Analysis

Weekly analysis updated to reflect the cross into April (ie new Monthly data)

28 Mar 2010

The week ahead - 28 Mar 10

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

26 Mar 2010

Could this be the top for EQs??

21 Mar 2010

Weekly Analysis - looks like USD could rally off some key levels. I also like CADYEN short if the textbook daily Shooting Star low is activated. Euro and Sterling look short again.

17 Mar 2010

13 Mar 2010

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!

11 Mar 2010


S&P Double top? Or will Dr Joe have his day - it keeps going up!! Cable is still looking bullish too.

10 Mar 2010


Cable Long anyone - risky and counter trend but has cable shorting been over done?

Benway - you'll be filling up your wellies on this one!

7 Mar 2010

Weekly Analysis for 8 March. Odd week with mixed messages. Will the EQs double top or will they carry on up? They are leading the Forex pairs like AUDUSD and CADYEN etc

28 Feb 2010

New Format for Weekly and Monthly Analysis


New Format for the weekly/ monthly analysis. Colour coded for ease of reference. Been trialing in for a few weeks now and much more user friendly. Only take trades on the pairs that have all the same colour when reading across the rows. For example, all GBP crosses are bearish and should only be shorted on the worker on pullbacks! Allows me more time on studying this MBA with Cranfield (which is very hard btw, so only trading small lots on weekly these days!)

10 Jan 2010

Blog Software changes text format???? Grrrr!!

Why does the formatting always change in this wretched Blog software?? It's painful and long winded having to change the format from word/excel all the time? Does anyone know of any better way of posting from word etc that keeps the same format and fonts etc?

Weekly Analysis WE 17 Jan 09

Well, life has a funny way of changing things for you. Looks like I've been accepted onto the work's MBA programme for the next 2 years so study time will be tight. Consequently, I have changed the format of my weekly analysis to give me a quick reference guide as I found I was not referring to the words each week on here to check my daily trade ideas with the weekly analysis. As I'm a weekly trend trader using the daily (worker) to find tighter entries I need a quick visual reference guide to the immediate underlying trends of the higher TFs. This new method should be a quicker to produce guide and easier to use in the week. I hope some to find it of more use and will update as I use in in anger of the next few weeks!

MONTHLY AND WEEKLY TREND ANALYSIS

01/Jan 17/Jan

PAIR MONTHLY WEEKLY CANDLE Weekly 20/50
Crude Breakout Bull trend Above
Gas ►◄ BEEB then S Star Above
Gold Hammer, IB then BUEB Above
S&P Weekly BUOB Above
Dow Weekly BUOB Above
FTSE Weekly BUOB Above
Cable Weekly IB in 20/50 Trap Above
GBPYEN Weekly Bear IB above 20 Above
GBPCHF Weekly BEEB ON SR level Below
EURGBP Weekly Bull IB on Consolidation Above
EURUSD BUEB on key SR level Above
AUDUSD Weekly Bull trend bar above small descending TL Above
USDCHF ►◄ Poss Double bottom forming – not tested Below
USDCAD BEEB below last range Below
NZDUSD Bull bar but trading back into Monthly Shooting Star Above
USDYEN Bear Doji just above 91.00 level Below
EURYEN Bull Spinning top but right on monthly down TL between 134-131 Above
AUDYEN Bull trend bar BO above last high Above
NZDYEN Bull trend bar but not above last high – poss broken TL under test! Above
CADYEN Bull trend bar but could be forming a bear flag Dbl top Above
GBPCAD Weekly BEEB not on any SR Below
GBPAUD Weekly bear trend bar into low of monthly hammer – nearly invalidated Below
EURCAD ►◄ Weekly BEAR trend bar but bounced off SR at 1.4728. Below
AUDNZD ►◄ Weekly Bull Trend bar above last week's high. Flat

4 Jan 2010

Trend Line break and Retest of trend Extreme


Al Brooks said this is the best lowest risk trade one can ever hope for. A strong TL break on good momentum then a bullish candle with a HL. This will now go on to test the trendline extreme either with a HH or LH. Either way a classic example of a low risk trade that I SHOULD have took!

2 Jan 2010

Russian Shares

This quote must be a huge contrarian sell signal from the Daily Telegraph!!

More than 95pc of analyst ratings on Russian stocks are "buy" or "hold", according to Bloomberg data. This is the highest level since the organisation began tracking the information in 1997