falling wedge Tag

Ok, so updates have been so few and far between that I'm searching for anything that I can talk about! The quality of trading set-ups has been pretty poor, and those that look good technically have had major fundamental overhangs that  put me off the trade. For example, I'd been lining up a

Unfortunately yet another empty Week from a Swing Trading perspective! I've no idea whether it's my (incorrect) interpretation of what I'm seeing in the Markets, or whether all Markets are setting up for huge volatility, but this last couple of Months has not offered anything that fit my usual swing strategies. Considering that for the last couple of Years I've averaged

It hasn't gone unnoticed by some that I've never posted an AUD:USD analysis. There are some reasons for this, the main one being that I have a bet that AUD:USD will make all time new high's in 2012. The year started great and just a few Week's ago AUD:USD was within 300 pips of delivering my winnings, but the recent correction has concerned me a little. So there we have it, I have an agenda and ultimately a

There are a few charts I'd like to post ahead of Sunday Night's FX Market Open and I'll start with GBP:NZD If there's one thing that can be said about the New Zealand Dollar, it's been one of the best Trending Forex Pairs during recent times. I say the best, because although other pairs have trended reasonably well, the New Zealand Dollar does so smoothly without huge whipsaws. There are certainly a few NZD pairs that I regret not participating in. For GBP:NZD the 15th Decmember 2011 high down to the 15th February 2012 low captured a 2000 point move with the largest retrace being just 350 points. Nice if you can get it! For the last 3 Weeks price has been forming a possible bowl shaped rounded bottom. I do find these long winded rounded bottoms difficult to trust but the advantage of them being you can usually spot very quickly when your trade is

With the U.S Markets closed today for MLK day volumes have been low and there really isn't anything substantial going on in any of the Indices or Forex Markets I watch. All existing set-ups detailed here over the last fortnight are either still in play or their respective moves are in progress. In fact, I wish I took some more of those trades because some have performed