Archive for February, 2010

• And The Cable Breaks
  faithmight, February 21st, 2010 at 9:26 pm, Comments: 0

  Last week, we were watching for: …a rally to complete the quarter to 1.5750. But after that target is hit, it is time to watch price to determine what cable does at these levels. To the upside lie a number of resistance levels: 1.5764, yesterday’s high; 1.5774, the high on February 5; and then 1.5800, [...]

• NYC, StockTwits & the inevitable Wo Hop visit
  kevinmhughes, February 19th, 2010 at 5:07 am, Comments: 0

  “If you can’t get here, it doesn’t exist”

• Trades, Losses, and Ego
  ragheehorner, February 17th, 2010 at 4:00 pm, Comments: 0

  I recorded three short five minute vidoes to follow-up last week’s Talk My Book video…What?!? Did you think I was not going to take the opportunity to discuss last week’s spectacular crash and burn. As the signature on my emails read: “…sometimes wrong, but never in doubt.” I’m back to my five minute daytrading set [...]

• Thank you China!
  kevinmhughes, February 12th, 2010 at 6:58 am, Comments: 0

  Chinese news makes for an interesting morning. Evidentially China raises reserve requirements for their banks by 50 basis points.

• Talk Your Book
  ragheehorner, February 11th, 2010 at 7:36 pm, Comments: 0

  Thought I’d share this video with you all here at StockTwitsFX and also encourage everyone to check out Dr. Phil Pearlman at 9pm EST for “Talk Your Book”.

• Follow Up to Set Ups I am Watching
  ragheehorner, February 10th, 2010 at 9:19 pm, Comments: 0

  I had posted a few charts at chart.ly earlier today and wanted to follow them up with some analysis and set up detail. The two set ups were both on the daily chart. These are updated to show where the set ups look now as opposed to when I posted them earlier today at chart.ly.

• The yen is telling an interesting story today…
  ragheehorner, February 9th, 2010 at 1:08 pm, Comments: 0

  Update:  Throughout this article I discuss the “yen” as in the Japanese Yen itself and the $USDJPY which ofcourse is the pair of the U.S. Dollar and Japanese Yen. So far the yen seems pretty unaffected by today’s dollar sell-off through the major psychological level 80.00 and the Dow’s rally back up through 10k. For most traders [...]

• Two $EURUSD Set Ups to Watch.
  ragheehorner, February 8th, 2010 at 2:35 pm, Comments: 0

  Probably like many of you, the Red Bull cans are piling up as your try and stay awake today.  Boring markets mean accumulation cycles and that’s what I’m patiently watching today.  The 60 minute chart of the $EURUSD has a nice asymmetrical triangle pattern as prices have formed an intraday triple top.  It’s a soft [...]

• Daily watch points…
  kevinmhughes, February 7th, 2010 at 6:41 pm, Comments: 0

  Here are the daily levels I’m watching out for on the $EURUSD and $USDJPY.

• Take a step back and let’s look…
  kevinmhughes, February 6th, 2010 at 1:24 pm, Comments: 0

  “May God have mercy upon my enemies, because I won’t.” – General George S. Patton That quote by Gen. Patton is exactly the thought should go through traders’ minds every day before their respective market opens.  Not that we’re going out there to inflict physical harm on people, but the trading world (regardless of what [...]