YTE Blog

Technical Analysis - The Day Ahead Report 30 April 2011Dow Jones 13,228 +0.18% Base Metals Positive US Spot Gold: 1662 US Silver: 31.20 Oil WTI: 104.70 US Copper CFD: 377 US Dollar: 79.00 EURUSD 1.3210 AUDUSD 1.0470 Dow Jones CFD 13,220 S&P500 CFD: 1402 FTSE 100 CFD: 5780 DAX CFD: 6800 ...

USDJPY Technical AnalysisIntraday Chart  USDJPY Elliott Wave Technical Analysis Wednesday, 25 April 2012 at 6:00:00PM AEST It’s still unclear if wave 2 already found the lows or no. Reason is a recovery from 80.80 which is still not in five waves. So based on this we must be reprepared for...

The IMF meetings with its 188 members ended over the weekend. To some degree, it was seen as a success. For starters, IMF chief Christine Lagarde managed to secure more than USD430 billion in pledges. Japan was the first to lend support, pledging USD60 billion in aid. The total figure, while impre...

Technical Analysis Trading Lounge – Global Trading Opportunities Shares, CFDs, Forex > Analysis > Strategy > Management. One of Australia’s leading Technical Analysis and CFD Trading Companies   Dow Jones 13,029 +0.50% Base Metals Positive US Spot Gold: 1642 US Silver: 31.64 Oil W...

  Forex Trading Forex Trading – Elliott Wave USDJPY TradingLounge USDJPY Elliott Wave 1 Hour Chart Monday, 16 April 2012 at 6:25:00PM AEST Usd/Jpy is still under pressure after sideways price action in the past week, which was clearly a triangle; a five wave a-b-c-d-e pattern. why this is i...

What a difference two weeks makes. Two weeks ago, China reported stellar numbers in its Purchasing Managers’ Index (PMI), with numbers coming in at a one-year high of 53.1 in March, compared to a reading of 51 in February. As the world’s largest exporter, the PMI is an important number for traders...

Technical AnalysisThe main point is the US Dollar moving up sharply this creates our Wave 2 of Wave (ii) low in place at 79.30 as the US Dollar moves above 80 (TL8) this will send the Indices and currencies down all this is in line with the Elliott wave counts.   Dow Jones 12,849 -1.05% Bas...

This week's top trading blogs... The Stock Bandit As a pattern-based trader, I use a lot of trend lines on my charts.  When you look at my charts, the only indicator you’ll see is the 21-period MA of volume, which is the running 1-month volume average.  Beyond that, it’s just price, volume, and t...

Currency Trading Elliott Wave EURUSD Elliott Wave Eur/usd 30 Minute Chart Tuesday, 10 April 2012 at 6:32:00PM AEST On dollar index we are observing a finished corrective zigzag from 80.18, bottomed at 79.60. In fact, current minor rise through mid-channel line is an early signal for a complete...

All the excitement in the previous week came to a screeching halt when the US Labour Department released the hotly watched Non Farm Payrolls figures on Friday evening. The 120,000 jobs added in March were the lowest in five months, underscoring Fed Chairman Ben Bernanke’s concern that recent gains ...

    Technical Analysis - The Day Ahead   Update Tuesday 7.30AM The US Employment figures were down of Friday, this would be in line with the wave counts for the global markets and with Spain now edging into the spot light will be the catalyst for Europe. So we will look for the weakest stocks to...

China reported positive figures over the weekend, sending risk currencies higher. The Purchasing Managers’ Index, compiled by China’s logistics federation and the National Bureau of Statistics, rose to a one-year high of 53.1 in March from 51 in February. As Australia’s largest trading partner, Ch...

 Elliott Wave USDCAD Elliott Wave USDCAD 1 Hour Chart Tuesday, 3 April 2012 at 6:00:00PM AEST Elliott Wave USDCAD moved nicely lower yesterday, but deeper as we expected; below 0.9899 support. As such,we are now keeping an eye on larger triangle formation with current wave c) searching for a s...

This week's top trading blogs... DailyFX Always remember that an indicator has absolutely no concept of trend. An indicator can provide invaluable information when it comes to momentum but it does not possess any insight as to the trend…the direction that the pair has been moving over time. Rea...

USDJPY Elliott Wave IntradayUSDJPY Elliott Wave  1 Hour Chart Tuesday, 27 March 2012 at 7:14:00PM AEST Usd/Jpy made five waves up from the low, which means that temporary bottom is in place at 81.92 since we know that impulses always show direction of a current trend. As such, we expect more s...

This week, Eurozone finance ministers will gather in Copenhagen for talks. The main agenda will centre upon strengthening of the region’s financial firewall. The goal is to establish a massive bailout fund that could combine the European Financial Stability Facility (EFSF) and the system designed t...

I admit it – I’m jealous. Right now, I want to be American.  I want to buy cheap houses and eat mega-huge fast food. But most of all, I want a stock market that goes up. Ours appears to have forgotten how.  In fact it’s almost as though it’s pulled the doona* over its head and decided never to g...

Technical Analysis The Day Ahead  – 26 MarchDow Jones 13,080 +0.27% Base Metals Positive US Gold CFD: 1661 Silver: 31.10 Oil WTI: 106.77 US Copper CFD: 380 US Dollar: 79.50 EURUSD 1.3268 AUDUSD 1.0459 Dow Jones CFD 13,100 S&P500 CFD: 1400 FTSE 100 CFD: 5872 DAX CFD: 7015 SPI CFD 4258 N...

From the Sep/Oct 2009 issue of YTE, David Burton’s article on the effect of astrometeorology on commodity markets is of particular interest given current weather conditions.Astrometeorology is the study of planetary movements in order to forecast weather conditions. Most people don’t realise WD Gann...

Forex Trading Strategies Elliott Wave GBPUSD  Elliott Wave Gbp/Usd 30 Minute ChartTuesday, 20 March 2012 at 7:35:00PM AESTPound found the top and reversed nicely from Fibonacci resistance area that we highlighted yesterday. Based on the recent decline, wave (3) appears complete, so more downs...