Trend lines still de rigueur

Many currency pairs continue consolidating within their various technical patterns, although some are testing major trend line regions, so keep an eye out for any momentum-based tr …
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Stock indices still short-term range bound

I posted some stock index charts on Tuesday but note little has changed over the last session. There are still technical patterns in play giving traders trend lines to watch for an …
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Stock Indices & new triangles

Yesterday I Tweeted with suggested technical patterns on the major stock index charts as possibly being useful to gauge any potential breakout move however Monday’s last session …
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TL breakouts: the gift that just keeps giving!

Last week: Last week was another great one for trend line breakout trades with the pip tally yielding over 2,800 pips. This is a huge haul and to think it was possible to grab thes …
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US$: couldn’t hold 102

The US$ has failed to hold the week out above 102 resistance despite Fed Chair Yellen’s comments about an imminent US rate hike. This fail at 102 has kept the potential H&S v …
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US$ still pegged but lots of great TL b/o trades

The US$ is higher but still pegged by the 102 resistance level for the time being. Despite this prevarication there have been a number of trend line breakouts on FX and Stock Index …
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TMV and rising US rates

TMV is a triple leveraged ETF, released in 2009, that tracks 3 x the inverse performance of the NYSE 20 Year Plus Treasury Bond Index.  I came across this ticker today and, whilst …
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Some stock indices ahead of Trump speech

The 4hr charts of some stock indices show a bit of consolidation ahead of President Trump’s address to a joint session of Congress but this gives traders trend lines to watch fo …
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US$: in limbo but helping ‘Trump Triangles’

The US$ remains in limbo ahead of Tuesday’s President Trump address to the joint session of Congress. This means that many of the consolidation patterns, mostly triangles, noted …
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FX: new week; new trend lines

This week: Trend line breakout trades have been most reliable over recent months and there are a batch of them in focus this week again this week. This post outlines the FX pairs …
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