TraderGav.com

Gav's trading blog - Perseverance, Consistency, Confidence

FX

Studies of Bar Patterns

by 4 Comments

barpattern_EWI_sample

Here is another great free resource from EWI.
EWI recently released a free report on Bar Patterns, in which I think it is worth to download and have a read. The report shows ways you can use common bar patterns to spot high-probability trading opportunities with 30 charts across 15 pages. Check it out while it is still free.

Here is the short summary of the report:
How to use bar patterns to spot trade setups

  • Double inside Bars
  • Arrows
  • Popguns

How to make bar paterns work for you

  • The Three-In-One Bar Pattern
  • Forward and Reverse
  • How to use an outside-inside reversal to spot trade setups

Full report here

    Have a good trading week!

    A little update about trading and so

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    Good day from Jakarta, Indonesia. After stuffing myself with all the delicious Indonesian food over the extended weekend (I did not trade last week due to traveling and NFP etc, to be exact) I am back to the business – Trading.

    In my notes, I am looking at the short side of AUD, both AUDUSD and AUDJPY. While I am still working on the entry, the general direction is to the downside. In general, I have a bullish view towards USD, and bearish towards commodities currency for now.

    Still adjusting myself to the different trading environment, weather, and time zone. So far so good.

    Find Trading Opportunities With Fibonacci

    by 10 Comments

    I do not intend to write a post to pitch EWI. But these guys are doing some great works in helping traders to learn and trade the markets. And a lot of the materials are, in fact, available free. A good example is the Ultimate Technical Analysis handbook. I would really recommend you have a read on that.

    For the coming few days (now till 30th November 2009), EWI is giving away a ebook Find Trading Opportunities With Fibonacci. Here is the summary of the book, I think, it is worth checking out.
    [Read more…] about Find Trading Opportunities With Fibonacci

    One simple trade sample

    by 6 Comments

    Here is one simple trade I have made today. Nothing fancy here.  In hourly chart of AUDUSD, a bearish candlestick reading was observed, and, in addition, previous swing high was taken out. These gave me a bearish view. Ignoring the hype of improving Aussie employment figures, and RBA rate hike news, these did not sound good to me. I went short.  And here is the chart.

    AUDUSD_simple_trade