October, 2011 | Index Swing Trading & Technical Analysis

30 Oct GBP:USD Swing Trade Analysis For November 2011

Posted at 14:33h in GBP by RS2OOO 0 Comments

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I promised to post up some analysis for Cable this weekend in view of a planned swing short, however, on closer inspection defining the entry will not be quite as clear cut as originally expected on a risk Vs reward basis. Following previous analysis where Cable was heading towards resistance in the 1.5980 zone we have seen a continuation of that rally which has now extended itself to the 61.8% fib retrace as shown in the chart below.

30 Oct DOW / INDU 2007 & 2011 Chart Comparison

Posted at 01:01h in DOW by RS2OOO 4 Comments

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Here is a DOW Chart Pattern I've been keeping an eye on and now is probably the best time to share it with you, not necessarily as a trading idea because the repetition of a single pattern is not in itself means to take a position, but it's something we should all be aware of to enable us to take full advantage of if other factors begin to support it as a solid trading idea.

28 Oct Weekly Swing Trading Round-Up Friday 28th October 2011

Posted at 19:29h in General by RS2OOO 0 Comments

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Only 2 Swing Trades were taken this Week, the first being the NZD:CHF short taken on Monday and covered on Wednesday for a 156 points. It was a relatively quick trade and there was probability of some downside, but it very quickly started looking a little oversold so the decision was taken to just cover the position. NZD:CHF is now trading relatively close the original short entry, so it might be worth

28 Oct GBP JPY Long Position Taken for Gap Fill

Posted at 17:27h in GBP by RS2OOO 6 Comments

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It's not technically a swing trade, just a trade based on probabilities. Previous GBP:JPY analysis suggested there would likely be some upside and as that upside is now in progress I've decided to take a position with a view to those upside targets being achieved.

27 Oct EUR USD Fibonacci Confluence Should Offer Resistance for Swing Short

Posted at 23:49h in EUR by RS2OOO 3 Comments

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EUR:USD has finally achieved the zone where I've been planning a short entry. Unfortunately it has achieved this level with a huge bullish daily candle and therefore unless you are really aggressive I would suggest it's too early to start jumping into swing shorts just yet.

25 Oct GUEST POST: Update On GBP CAD Swing Long Set-up

Posted at 21:12h in GBP by ematrader 3 Comments

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Price continued to consolidate within the triangle / flag formation as highlighted in my previous post.

25 Oct New Swing Trade – Short NZD CHF – Some Upside Risk

Posted at 00:17h in NZD by RS2OOO 2 Comments

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It's not the best looking Swing Short Set-Up and there are risks to this trade, but it's one of the better looking chart's at this precise moment in time so I've decided it's a risk worth taking. NZD:CHF was on my Watchlist as a possibility for a long entry, but it's failure to show strength combined with

22 Oct This Weeks Trading Round-Up Inc. DOW, FTSE, Cable (GBP:USD) Trades

Posted at 00:11h in DOW, FTSE, GBP, General by RS2OOO 7 Comments

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What a tough week it's been from a swing trading view point! Woke up Monday morning, checked through the Watch list and the set-ups were coming together nicely, but by Monday afternoon everything seemed to be falling apart and I had one of those days where I started thinking all my TA posted last Weekend was a complete waste of time!

DAX	S&P 500

Dollar Index	VIX

Crude Oil	GOLD	NASDAQ COMPX	SILVER

Miners	Oil & Gas producers	BANKS	TechMark 100

NIKKEI 225	HANG SENG	NON LIFE INSURANCE	GENERAL RETAILERS

USD : CAD	EUR : USD	AUD : USD	GBP : USD (Cable)