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 […]
FX
A little update about trading and so
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 […]
Chart of the moment $EURGBP 24-Nov-2009
Here is the chart I am watching closely. EURGBP is due for breakout. Which way do you reckon?
Find Trading Opportunities With Fibonacci
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.
One simple trade sample
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 […]
Chart of the moment $AUDJPY 10-Nov-2009
I had a quick look at AUDJPY. Here is what I see, and I love this chart. Are we, again, heading for another breakdown? What do you think? Here is the … CHART! (click to view full chart) Some technical statistics About this tool





