Posts Tagged by candlestick trading
The #1 Reason Gold Collapsed
| October 21, 2010 | Posted by admin under Commodity Analysis, Day Trading Ideas, Swing Trading Ideas |
The following video and comments come from another analyst. What are your thoughts on gold? My analysis is a couple posts back on the blog. The following video contains some good educational content. Following the gold market as we do here at MarketClub, it was amazing that nobody, and I mean nobody, was bearish on…
EUR/USD: On Support at 1.3420 2 Days in a Row
| April 20, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
After managing to climb above 1.3500 the pair quickly retreated and has found support once again in the 1.3420 region. If the pair manages to get below 1.3420. Support below is at 1.3380 and 1.3340. If the latter level is penetrated it means a likely test of the lows at 1.3280 with minor support along…
EUR/USD: Bounces off Old Trendline
| April 20, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
In yesterday’s analysis the old daily trendline was mentioned: 1.3420 was the approximate level of that trendline on Monday and the Euro pair bounced higher off of it after trading in that area for several hours. A short-term swing high is in place at 1.3500 a rise back above that indicates further stregnth in the…
EUR/USD-Set Up to Go Lower?
| April 16, 2010 | Posted by admin under Stock Market Analysis, Swing Trading Ideas |
EUR/USD daily outlook for April 16. The drop below 1.3540 on Thursday has put a negative short-term bias on the pair. A move back below 1.3520 will put the target of 1.3420 in play. That is were some support comes in, along with 1.3375. Long the way minor support comes in at 1.3490 and 1.3440.…
EUR/USD Outlook for Feb 12
| February 11, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
The move down on Thursday covered a significant portion of the price action over the last few days. The inability to climb above 1.3810 and ultimately 1.3840, still means this downtrend is very much intact. Holding above recent lows, indicates a range is developing. That range is in play until significant support or resistance is…
EUR/USD Outlook for Feb 10
| February 9, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Once the pair moved above 1.3680 it marched higher for the rest of the day on Tuesday. The 1.3740 level has been surpassed indicating that a further upward move is not unlikely. One target, 1.3820, has already been hit. Movement above this level, then 1.3840, indicates a move into 1.3860-1.3880. Support comes in just above…
Don’t Use Trading Stops!
| January 27, 2010 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
So I saw this article and knew it might draw some controversy, and thus I had to post it. Do you think you need to place a stop? Or does getting out have more to do with what is unfolding currently and the original stop is outdated (that stop was picked at the time of…
New Trend TV Video – Applications of Candlestick Charting
| January 14, 2010 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
Here is something all traders should have at least some skill in, and that is understanding candlesticks. Many investors attempt to incorporate candlestick charting into their trading plans, however few know why this tool has become so popular. Watch Now – http://www.ino.com/info/488/CD3784/&dp=0&l=0&campaignid=16 In this complimentary video, “Advanced Applications of Candlestick Charting,” authors, software programmers, and…
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