When trying to figure out which economic data is important right now.. It is all about putting yourself in the shoes of the central bank governor and thinking about what problems are most pressing
FX
Morning spike..AUDCAD
I thought this is interesting. OK, AUDCAD is a exotic pair, and spreads are huge. But this does not seem to be a bad tick. This happened in most of brokers as well. I guess it killed a lot of bulls who are shorting CAD in this pair with the fact that oil just had […]
Two RDT play: EURJPY, USDCAD
Here we go. My Really Dumb Trend system fires buy signal for EURJPY. It looks a little stupid… 😆 Anyway, let’ see how it work out, and who is the really stupid one. (Click to view the full chart) And here is Sell signal for USDCAD
A box play: USDCAD
Let’s do some boxing today. Though I am still waiting for the trade signal, I am a little bit of negatively biased. 🙂 USDCAD has formed a pretty nice box with negative momentum in 4-hr chart. Let’s see how it works. (click to view the full chart)
Video about trend analysis and market timing
Here is an video produced by Adam about currencies trading and how do tools from marketclub help to analyze the trend and time the your entry. Pretty good stuff. Check it out.
GOLD vs Dollar
It is a brand new year. Shrugging off the dust, let’s start the engine again. I would like to have a long term view of currencies pairs and commodities movement before go into details of my trade preparation. Gold caught my eyes. I see something beautiful in the weekly chart. What do you think? Are […]
