Markets Move Rapidly During Low-Volume Holiday Trading

by | December 31, 2008 6:34 pm
Forex traders may have noticed this week that currency prices are moving much more rapidly than normal. With the holiday season, most banks are coming and going from the market, and money is being pulled out by...

Measuring Cycle Highs

by | December 31, 2008 12:41 pm
Recently I have posted two articles on cycles, the first providing a brief overview of how they work and the second on how to apply cycles. Cycles are generally drawn across cycle lows and indeed, this normally...

Applying Cycles to Charts

by | December 31, 2008 12:26 pm
In a recent article I described the influences cycles have on price and how it is possible to identify approximate time areas where the underlying price trend will reverse. Through observing when these reversals are likely to...

Cycles – How do they work?

by | December 31, 2008 11:21 am
Regular readers of my reports will probably recognize that I use cycle analysis when trying to work out which direction a currency pair will be moving and when this direction is likely to reverse.

Stagnant Markets Leave Opportunities for Forex Traders

by | December 30, 2008 6:15 pm
The approaching year end and illiquid forex market has produced large short term price movements. Traders may find opportunities to profit from these quick price spikes by closely following their hourly chart. With many large market makers...

How to Determine the Length of Market Cycle

by | December 30, 2008 12:13 pm
When determining the length of a cycle, it suffices for us to measure the time from one crest of the wave to the next, or from one bottom of the wave to the next. A perfect model...

GBPUSD Analysis – Dec 30, 2008

by | December 30, 2008 10:34 am
GBPUSD breaks below 1.4466 previous low support, suggesting that the long term down trend has resumed. Deeper decline could be seen to 1.4000 zone in next several days. Long term key resistance is now located at 1.5722,...

The End of 2008: Beginning of another Great Depression?

by | December 29, 2008 4:39 pm
For the first time in decades economists are saying that we are heading for another Great Depression. With stocks continually sliding, sales dropping, and almost all global economies contracting simultaneously, these economists may not be far off...

Fibonacci Retracements

by | December 28, 2008 11:46 pm
Fibonacci numbers were named after an Italian mathematician called Leonardo Fibonacci. Fibonacci developed the numbers in 1170 when he was carrying out studies on the Egyptian Great Pyramid of Giza. Simply put, Fibonacci numbers are a series...

USDCAD Analysis – Dec 27, 2008

by | December 27, 2008 10:46 am
USDCAD is forming a sideways consolidation in a range between 1.1464 and 1.3015. Deeper decline is still possible to retest 1.1464 previous low support in next several days, and rebound would more likely be seen before breaking...