What now after the Swiss Shuffle?
The flood gates have opened, major adjusting in progress. Here are some monthly candle charts (10 years) that I'm closely watching: eurnzd potential short setup: eurhkd potential short setup: eurgbp potential short…
Case study using eurgbp: Considerations while establishing profit targets (PART 2).
Check out this huge multi-year descending triangle classic chart pattern for eurgbp. The implied measured move from the breakdown line would give us a target way below at 0.6750. Here…
Case study using Amazon: Considerations while establishing profit targets (PART 1).
I use classical charting principles to dictate the implied measured move the price action will take when the breakout is confirmed. Before opening the position, I'll also look for eventual horizontal…
CGI group Inc. testing upper resistance for an eventual breakout?
CGI group Inc. (NYSE:GIB) has been testing/consolidating near some major resistance around the 38 mark since mid 2013 (over a year and a half). Here is the monthly candle chart since 2007:…
Continuing with eurusd to demonstrate risk and money management.
After spotting breakout patterns in monthly, weekly, daily charts, we can't enter the trade right away. We need to figure out if the "juice is worth the squeeze". This is…
Using eurusd to demonstrate “Top to bottom” approach.
I use the "macro to micro" or a "top to bottom" approach while doing my analysis of a specific instrument. This makes me understand or take notice of the more prevailing…