Monthly Archives: April 2011
USD Loses more ground against CAD and other Majors
| April 30, 2011 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
Trend remains down for the USD against the CAD…and continues to lose ground against the EUR, GBP, JPY, AUD and NZD as well. The CAD, AUD and NZD, all commodity related currencies, are pummeling the USD. Gold scorches to 1565 Friday after a pullback below 1500 on Tuesday – putting upward pressure on the AUD…
How To Use Fibonacci Ratios in the Real World
| April 28, 2011 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
free Club EWI report teaches the basics of Fibonacci analysis of commodities and other markets April 27, 2011 By Elliott Wave International What tools help you with the difficult task of identifying the market trend, riding it, and getting out before it reverses? Consider Fibonacci ratios: Mathematical proportions by which moves on a market chart…
USD/CAD – Awaiting FOMC announcement
| April 27, 2011 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
The overall trend remains down for the USD vs. the CAD as the rate hovers in the 0.9500 region. It has been quiet since Thursday evening with the rate staying within a relatively tight band ahead of the FOMC announcement tomorrow out of the US. After last weeks dip to 0.9450 the rate has bounced…
Now – Get daily market video analysis here
| April 24, 2011 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
You may have noticed a new page has been added to the site, “Daily Market Update“. If you go there you will find a market update video. The video is updated at 1:00 PM EST each day, so check in mid-afternoon and see within a couple minutes what trades are shaping up to be profitable…
USD/CAD-False upside break means lower lows
| April 20, 2011 | Posted by admin under Food for Thought, Forex Technicals, Swing Trading Ideas |
The USD/CAD moved more than a cent and a half off the high monday (0.9720) to currently trading below 0.9550 on Tuesday. So far today the pair has been supported above 0.9540. A break below opens the door to the intial target and recent low of 0.9525. Trader’s will need their head on a swivel…
Video 1 – Portfolio Prophet Discovery
| April 18, 2011 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
Check it out… One of the trading industry’s top trainers just shelled out $40,000 to develop some brand new, custom trading software that can help you TOTALLY AVOID the multiple market crashes you’re almost certain to experience in the coming weeks, months, and years…and it can also predict the newest emerging “mini trends” in only the safest markets…
Trading Forex: The best pairs to trade
| April 13, 2011 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
Trading Forex: The best pairs to trade Many people find trading forex simpler than trading stocks for example, because they only focus on a few forex pairs. While there are many forex pairs, only a handful are traded heavily. When first learning to trade Forex, you should focus on the best Forex pairs for trading.…
USD/CAD – CAD targets 1.0560/0.9470 in short-term
| April 9, 2011 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas, Techncial Analysis Tutorials |
The CAD marched higher again this week, with only Monday posting a higher day for the USD. Monday may see a reaction to the US government not being shut down, as this development occurred after markets closed on Friday. As pointed out last week (http://vantagepointtrading.com/archives/4173) the plodding higher of oil is helping drive the CAD…
USD/CAD and Oil for April 6
| April 6, 2011 | Posted by admin under Commodity Analysis, Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
USD/CAD and Oil for April 6 The USD is continuing to trend lower after hitting resistance at the trendline in early trading Tuesday. The hourly and daily trends remain down as volatility once again declines. Upside resistance comes in at 0.9680. Movement above this rate is likely trigger a further USD push higher into the…
Everything You Ever Wanted to Know About the Elliott Wave Principle, Free
| April 1, 2011 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
Everything You Ever Wanted to Know About the Elliott Wave Principle, Free Club EWI’s free introductory tutorial on the Wave Principle is the key to unlocking the mystery of market behavior March 31, 2011 By Elliott Wave International Okay. There can be only two reasons why you are reading this article right now: You thought…
USD/CAD and CAD/JPY-Market Update-March 31
| April 1, 2011 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
USD/CAD and CAD/JPY-Midweek Market Update-March 31 USD/CAD: The month ended with the USD resting on three week lows versus the CAD. The pair so far has been well support in this region with indicators continuing to point to a potential bounce in the USD. MACD on the hourly chart is showing divergence as well as…
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