Is this the confirmation of US Dollar weakness?
Thursday, January 19th, 2012 Market Analysis by TraderCiscoInteresting longer term views found in the UsdCad and the AudUsd Daily charts. Time to keep an eye on the longer term ramifications of confirmed breaks from these wedges.
You can see from the UsdCad, that a break has already occurred, but not so on the AudUsd.
Will continue to watch these two charts to see if they both provide confirmation of sentiment.
Thanks for reading.
Video update UsdChf 4 hour chart
Monday, January 10th, 2011 Market Analysis by adminHere is a video describing a potential consolidation break on the 4 hr chart and why to be careful trying to trade this on the 1 hour chart only. Below the video is a picture showing what would have happened if you would have attempted to trade this on the 1 hour chart only. With the 20 pip stop that I use for this pair a 1 hour consolidation trade would have failed. Still waiting for the 4 hr candle to give me an open and close outside of the consolidation level.
TraderCisco
Interviewing Jesse Livermore
Tuesday, October 12th, 2010 Just For Fun, Your Mental Game by adminNot very often do you get to discuss with those from the past, questions about today. However, through the amazing use of the internet, Euodoo has been able to interview Jesse Livermore. The interview you are about to listen to is based 100% on quotes from Mr. Livermore. All of the answers that he gives are “word for word” comments that are attributed to him. I hope you enjoy this interview.