Posts Tagged by resistance

USD/JPY Forex Swing Trade Idea – 4 Hour Chart

April 29 7:35 GMT The following is a forex market commentary based on technical analysis for the USD/JPY currency pair. It is based off of a 4 hour chart. Trading ideas or trading signals can be generated based on your own risk tolerance and time frame. Please read the latest How to Use the Trade…

Gold – Commodity (CFD) Swing Trade Analysis – Daily Chart

April 27 8:00 GMT Since gold is at an interesting spot I have decided to post a trade idea for it, as even traders only with forex accounts can access gold trading through a CFD (contract for difference) trading. The following is a commodity market commentary based on technical analysis for the Gold.  It is…

AUD/USD Forex Day Trading Analysis – 15 Min Chart

April 24 7:35 GMT The following is a forex market commentary based on technical analysis for the AUD/USD currency pair. It is based off of a 15 minute chart. Trading ideas or trading signals can be generated based on your own risk tolerance and time frame. Please read the latest How to Use the Trade…

USD/CAD Trade Update

View last post for this trade here: http://vantagepointtrading.com/archives/1071 Original post can be viewed from that post. Entry was at 1.2719 This trade has already realized a 500 pip profit on part of the position. Profit targets hit so far are 1.2430 (a 289 pip profit). We have also hit the target at 1.2200 (a 519…

Longer Term Trade Updates USD/JPY & USD/CAD

With some major rate action coming from the FOMC announcement on Wednesday, I am going to update the Longer Term trade setups I have mentioned. ——— First, recently I wrote of a potential trade in the USD/JPY pair.  The trade was a potential upside breakout.  See original post here: http://vantagepointtrading.com/archives/1061. This set up did not…

USD/JPY Breakout -Forex Swing Trade Setup

The USD/JPY has been approaching the the resistance level at 99.50 and ultimately the psychological level of 100.00. With a few daily tests back in early March we may have another run that this level by the end of the month. This could lead to a much larger upward move as we have a “cup…

US Stocks Confirm Further Downswing

The DOW broke below 7500 and then respected that level, before falling below support at 7100. This action by the DOW confirms, or makes much more likely, another primary downswing to the target of 6000. ~Cory Mitchell

GBP/USD Forex Day Trading Signals

Please read the latest How to Use the Day Trading Blog before using these signals. The signals are for the start of the European session. If signals have not developed by about 4:30 AM ET, then do not take trades. Take multiple lots so you can exit at 3 different prices. The amount of the…

GBP/USD Forex Day Trading Signals

Please read the latest How to Use the Day Trading Blog before using these signals. The signals are for the start of the European session. If signals have not developed by about 4:30 AM ET, then do not take trades with this strategy. Take multiple lots so you can exit at 3 different prices. The…

Don’t get excited over the stock market rally, yet…

The market rallied today up more than 230 points on the Dow Jones Index to close around 7,350.  It is possible that the break below 7,500 was a bear trap.  But with confirmation from so many indexes, it is more unlikely. Rallies occur in bear markets all the time, it is whether the upward pressure…

GBP/USD Forex Day Trading Signal-2

Please read the latest How to Use the Day Trading Blog before using these signals. They are for the start of the European session. Take multiple lots so you can exit at 2 different prices. The amount of the stop in pips times the amount you take should not be more than 5% of your…

GBP/USD Forex Day Trading Signals

Please read the latest How to Use the Day Trading Blog before using these signals. They are for the start of the European session. Take multiple lots so you can exit at 3 different prices. The amount of the stop in pips times the amount you take should not be more than 5% of your…

S&P Confirms Swing Down

The other day I talked about how the S&P 500 had not broken below its lows.  Today it did, confirming the down swing we have already seen from the Dow Jones Index.  Targets for the downswing are 6000 of the Dow and 600 for the S&P.  If even further confirmation is need the German DAX…

GBP/USD Forex Day Trading Signals

GBP/USD Signals Please read the latest How to Use the Day Trading Blog before using these signals. The signals are for the start of the European session. Take multiple lots so you can exit at 3 different prices, potentially. The amount of the stop in pips times the amount you take should not be more…

DOW 6000?

I have talked about the Dow Jones Index going to 6000 for quite some time.  From the first time we tried to break down to this level we saw a rally, but that rally was stifled on multiple attempts to break above 9000 with any conviction.  The market again broke lower and has now failed…

Next Page »