CADJPY Bearish Head  & Shoulders

CADJPY Bearish Head & Shoulders

Last week’s strong decline has confirmed the bearish view written here on January 22nd. In fact, the move has confirmed the formation of a Bearish Head & Shoulders pattern with a break of the neckline. Although immediate targets are 85.47 and 83.79, the negative Head &...
Monthly Macro Risk Monitor – 2 Feb 2018

Monthly Macro Risk Monitor – 2 Feb 2018

 My greatest discovery was that a man must study underlying conditions, to size them so as to be able to anticipate probabilities. – Jesse Livermore In this recurring monthly analysis, we will look at three global risk factors in order to assess the current market state and attempt...
USDTRY – Bull Trend to End?

USDTRY – Bull Trend to End?

A 3rd up week in a row at the end of September confirmed an important low in USDTRY. This improvement took spot USDTRY through the 21 week moving average with, as confirmation,  our RSI indicator also moving above it’s own average. Gains extended by more than...
Case Study: Trader Evaluation in Practice

Case Study: Trader Evaluation in Practice

We have previously spoken about The Pathway for Talented Traders. We continuously encourage our members and workshop students to submit their results in order to receive feedback and coaching in our dedicated workshop forum. Yet many aspiring traders wonder why we must analyze the quality of...
CADJPY – Negative break of averages

CADJPY – Negative break of averages

The last 3 months has seen CADJPY fluctuating around the 21 week moving average and around the mid-point of the weekly Keltner channel. The market failed to extend the November negative break of the moving averages for spot CADJPY and RSI but, equally, the bounce above...