Archive | January, 2009

Bank Traders on the Outs

I was having an off-the-cuff conversation not too long ago with a very knowledgeable trader who came up through the programming side of the business, having done time on the graveyard shift for some of the big banks. We were chuckling at the notion that so many customers on the retail side of the business [...]

Read more
Double Bottom in USDJPY?

Double Bottom in USDJPY?

I was hoping for a test of the old Gann 0/8ths line for USDJPY but it looks like we may have a bottom on the 1/8th line, which is none the less a powerful support level. It looks like we have a potential double bottom in place, with pronounced divergence in place on the MACD and [...]

Read more

Video Commentary

Welcome to our video commentary, a technical recap of the Forex markets, posted at approximately 6:30 P.M. (CDT). For more information, please contact Jay directly at                1-800-971-2154         or at                312-896-3986        . Click on the link below to view today’s charts and hear Jay’s analysis. http://brewer.acrobat.com/p72132417/ DISCLAIMER: Futures, options and Forex (off-exchange foreign currency futures and options, [...]

Read more

The Sympathetic Hurdle

Your nervous system is going to work against you as a trader. As a part of our physical makeup, we all have what is called the autonomic nervous system, which regulates our subconscious biological functions such as heartbeat, digestive processes, perspiration, vision etc. Within the autonomic nervous system are the sympathetic and parasympathetic branches. The [...]

Read more
Euro Bubble About To Burst?

Euro Bubble About To Burst?

2009 will likely see a continuation of what started in mid-summer of 2008 which was a classic case of money flowing to the least riskiest assets and currencies. I am not inclined to disagree with the headlines pointing out the dire economic conditions in place already and the likelyhood of these hard times lasting well [...]

Read more
130+ Falling Wedge

130+ Falling Wedge

After bottoming out on its 1995 low at 130.00 and showing quadruple divergence on the daily MACD, GBPJPY has started out the New Year w/ three up days in a row, and is in a position to post a 1-month high settlement. See chart below. For trend traders however the show has been in short [...]

Read more

UA-8362861-1