This currency pair is testing some solid support at the 1.500-1.4800 area. Lets look at what might transpire from an eventual failure of that support. Here is the monthly candle chart…

A bullish opportunity might be in the works for the us dollar against the Chinese Yuan. A nice 2 year base with a break line around the 6.2750 area. Check…

When we look at daily and smaller time frames, we often don't see the "bigger" picture. To demonstrate this, I'll use the usd/cad currency pair. I'll also start from the…

This stock has been rapidly getting attention for the past week, so I decided to see if it passes my test to get the A+ setup grade! Here we go.…

Well, just in my previous post about Eli Lilly and Company the makers of the popular medication Cialis, the same cup and handle classical chart pattern is present. And both setups…

I heard there were some takeover rumors for Blackberry? Who knows how that is going to pan out. But there is definitely some potential in the price action of the…

Okay, enough puns. LLY is trending along nicely from a huge base formation and there might be a continuation play possible. The 6 year base (cup and handle) as shown…

This is another example where is be best to wait for the monthly close (or at least weekly close) before entering the trade. Check this previous demonstration. The Sterling tried…

Here is an ongoing example with eurhuf to demonstrate how a monthly candle chart would of saved me some whipsaws and an unnecessary loss on my ledger. I'm going to use a…