Tag Archives: trending vs counter-trend trading

EURUSD, USDJPY & AUDUSD Direction

EURUSD Despite EURUSD’s outsized change-of-direction candle in November on the monthly chart, and a lower low earlier this month, this market was able to break up thru 135.00 relatively easy this week to shift the Weekly trend higher. Given the chart reflects everything the market knows about itself, the risk environment for EURUSD appears to [...]

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Do You Account for Market “Environment”?

The understanding that it is economic and sociological occurrences that creates the price patterns which we see on stock, currency and commodity charts will go a long way in allowing an individual to move from analyzing markets to trading markets. The realization that fundamentals are already reflected in the price chart opens the door to [...]

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EURUSD, USDJPY & AUDUSD Direction

EURUSD The dominant technical event for the Euro is still that it reversed the course of its monthly trend in November to bearish against the Greenback in sympathy with higher U.S. long-term rates. It is still however above a confluence of support between the 3-month low at approx 130.00 and the 50% retracement of the [...]

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Daily Forex Report for 12/22/10

Daily Forex Report for 12/22/10  Click the link below to view Jay’s Daily Forex Report for 12/22 where he covers the major currencies and the U.S. stock market. http://bcove.me/af5hkx3u Teresa Bell www.trading-u.com DISCLAIMER: Forex (off-exchange foreign currency futures and options or FX) trading involves substantial risk of loss and is not suitable for every investor. Risks include the potential that [...]

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Daily Forex Report for with Jay Norris (Video) 12-21

Daily Forex Report for 12/21/10  Click the link below to view Jay’s Daily Forex Report for 12/21 where he covers the major currencies and the U.S. stock market. http://bcove.me/943von8v Teresa Bell www.trading-u.com DISCLAIMER: Forex (off-exchange foreign currency futures and options or FX) trading involves substantial risk of loss and is not suitable for every investor. Risks include the potential that [...]

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Daily Forex Report (Video)

Daily Forex Report for 12/13/10  Click the link below to view Jay’s Daily Forex Report for 12/13 where he covers the major currencies and the U.S. stock market. http://bcove.me/tlwmk5qv Teresa Bell www.trading-u.com DISCLAIMER: Forex (off-exchange foreign currency futures and options or FX) trading involves substantial risk of loss and is not suitable for every investor. Risks include the potential that [...]

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