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Articles for: ProfitSource

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Foreign Exchange

Mathew Barnes 9 Aug, 2010
The Euro has been moving steadily up from its recent June 7, 2010 low of 1.1874 - a low which occurred around 60 days ago at time of writing.
Tom Scollon image

Money and Holidays

Tom Scollon 30 Jul, 2010
It is about this time of year Australians start to think hard about the looming and not too far away Christmas holidays.
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Top Down Analysis

Jordan Craw 23 Jul, 2010

We continue to see enquiries about sector based analysis, no doubt due to its value and the fact it is taught at a variety of seminars. With that in mind, this time let’s take a look at how a top down approach can be employed.

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Entry Signals to Trade Elliott Wave

John Jeffery 19 Jul, 2010
In the early 1980’s a trader and a psychiatrist were having an ongoing dispute as to whether great traders were born or created.
Tom Scollon image

To Have and To Hold

Tom Scollon 19 Jul, 2010
Well it is a beautiful concept and one to strive for when it comes to relationships.
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Depository Receipts

Jordan Craw 12 Jul, 2010
British Petroleum has been in the news recently for all the wrong reasons and as you can see from Chart 1 its share price is down over 40% this year.
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Around and Around the Mulberry Bush

Tom Scollon 12 Jul, 2010
It always amuses me when I hear Wall St and Europe were down ‘on the back of falls in the Asian markets – the previous day.
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Feeling the Pain

Lachlan McPherson 5 Jul, 2010
We saw a strong change in sentiment for the last week of June, as markets wound up their worst quarter since the Global Financial crisis.
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Ascending / Descending Triangles

John Jeffery 4 Jun, 2010

If you are looking to trade a break out on an intraday chart, one pattern which is often quite useful and favoured by currency traders is the ascending or descending triangle.

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Lil Aussie Battler

Tom Scollon 4 Jun, 2010

Once a year I like to write about the Aussie dollar although I do not get into the serious technical’s as this is the domain of our specialist currency expert, Matt Barnes.

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