Being on the Ball 14 May, 2010 You’ll often hear it said that markets don’t just go up and down in a straight line. WD Gann and David teach us that a market will move up with a series of higher tops and higher bottoms and a market will fall with a series of lower tops and lower bottoms.
A Strong Australian Dollar 7 May, 2010 After a somewhat frightening sell off in the second half of 2008, the Australian Dollar has virtually done nothing but rise in the eighteen months since its October 2008 lows.
One Thing at a Time 26 Apr, 2010 Whether you have been around the markets for years or whether this is the first trading newsletter you’ve ever read, you will have been presented with various different tools and techniques for interpreting market action.
Enter On the Double! 15 Apr, 2010 As I write this article on Monday April 12th, the Euro (EC-Spotv in ProfitSource) has just surged up on the open on Monday morning and is now over four hundred points up from the March 25th low of 1.3266.
US Dollar Strong - For How Long? 9 Apr, 2010 We’ve seen plenty of strength in the US Dollar in recent times and the Euro in particular has provided little resistance against the greenback. The Euro (EC-Spotv in ProfitSource) has gone from a high of 1.5144 in November 2009 down to a current low of 1.3266 on March 25, 2010.
Currency Jump Start 6 Apr, 2010 Last week I was in Sydney presenting Safety in the Market’s Gann Jump Start Workshop and one of the highlights of the three days was the group trading session on the afternoon of Day 3.
The Running of the Bulls? 19 Mar, 2010 Nearly three months of 2010 have come and gone and so far, there haven’t been too many bulls to be seen on the Euro. They must be off in a paddock somewhere, enjoying the spoils of the excellent long trading of 2009!
Classic Gann Setup - August 15th, 2008 15 Mar, 2010 In last month’s Safety in the Market Newsletter I discussed some of the work that helped me to call the 2007 yearly top on the US Dollar / Japanese Yen currency pair (FXUSJY in ProfitSource).
Exchange Rates 5 Mar, 2010 This July I will have the pleasure of travelling overseas and visiting Switzerland, Austria, the Czech Republic, Ireland, England and the United Arab Emirates.
Update on the Euro 22 Feb, 2010 2010 has been a negative year for the Euro so far. In recent times, concerns over the economic conditions in Greece have seen the value of the European currency deflated, but right now it is holding around a key level.