Month: June 2015

 

Stalking Micron Technology

The following chart shows an interesting setup approaching tomorrow (25th June 2015) for Micron’s earnings release (ER). This is not a complete analysis and anybody making a decision to bet on this, going long or short with real money. does so entirely at their own risk. Ignore most of theRead More

Trading with Guppy

When you say ‘Guppy’, most people think of the fish. So, I’ve put up an image of the fish – but this has more to do with ‘fishing’ than with fish. Very strange indeed. I have to admit I saw his system many months ago and at that time whenRead More

The GAP strategy – £1800/hr!

The gap strategy is about profiting from panic in the markets. It takes some careful study. It can work on any instrument representing major indices (eg GER30, US30) At the outset I should say that this is one strategy that should be practised carefully on demo accounts repeatedly to seeRead More

Stalking EURUSD and AUDNZD

The following two charts show some interesting areas of resistance. I’ve already shorted these pairs. This does not mean that anyone should do similar. Optimal entry positions are very time specific – ever swung at and missed a ball when playing tennis, or shuttlecock at badminton? It’s that sort ofRead More

Finding your bottom

This is not about your anatomy! Finding the bottom of an instrument (in the market) is not as easy as most might expect. The bottom is not a clearly defined point either. It’s often a band or range of price – as price varies around the so-called bottom. There mayRead More

Honing my strategies [ER strategy updated]

It’s taking some time but I’m observing what I do and what I ought to do be doing more. Strategies are things in evolution. I’m still preoccupied with Earnings Releases (ER) because it is one time when share price can jump even when Wall Street or the DAX (GER30) areRead More

Stalking CADNOK

CADNOK is an exotic currency pair. It’s approaching an interesting level at the moment. The chart below shows some possible projections. Just to be clear, if price falls where I think it could, that doesn’t mean I’ll simply enter long. The 4H charts on CADNOK tend to show a patternRead More

The ‘fishing net’ idea

I’ve referred to this in passing, so I thought I’d define it more clearly. The ‘fishing net’ is a term used analogously to a real fishing net. When a fisherman goes out to sea his net may be of a certain type. He doesn’t expect to catch every fish. DifferentRead More

Stalking NZDUSD

This weekly chart below shows how I’m stalking the NZDUSD pair. I’ve set up alerts on Tradingview to tell me if/when price falls below 20 on the RSI. If that happens I’ll then make an assessment on whether I enter a trade. A lot of people out there have alreadyRead More

Stalking the S&P 500

The most important thing about this instrument below is the blue trendline. Leave off all the rest, if you wish. Looking closer at the more recent index value (in the red circle), it’s easy to see that it’s approaching the trendline again. Of course it may never hit the trendlineRead More