YTE Blog

  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...

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...

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...

This week's top trading blogs... FxPro Spending a few days in Asia is focusing my mind on the extent to which this region can detach itself from what is going on in Europe. It has successfully de-coupled from problems elsewhere (in 2007-08), but does the water that has passed under the bridge ...

This week's top trading blogs... Swing Trader's Edge Well if you want a catalyst, than here it is. I have always used the charts to guide me in my trading but I certainly do not ignore wider macro and fundamental issues. Tuesday's decision by the RBA to leave rates on hold will prove to be shor...

This week's top trading blogs... Commodity Trader Fed meeting this week as well as any new developments out of Europe. My suggestion is to always look one-two weeks in advance for upcoming economic events when initiating trades. Just when it appears Crude was destined to move lower prices rever...

Technical Analysis Report (TradingLounge's EarlyBird Report, everyday 7.30AM)News NEW YORK -(Dow Jones)- U.S. stock futures declined Friday morning, as the mid-week Thanksgiving holiday provided only a brief break from ongoing concerns over rising euro-zone sovereign bond yields. Dow Jones...

We are officially in a bear market. The bloodshed in the markets last week was breath-taking, with more than US$3.4 trillion (s$4.4 trillion) erased from equity values and over US $1 trillion in the US equity market alone. Here’s a snapshot of some of the carnage: 1) The Dow Jones Industrial Aver...

I was in Kuala Lumpur last week to speak in the International Rubber Conference 2011. Part of my message centred on how the US would increase its debt ceiling before the dreaded deadline of August 2. The whole of last week had the world riveted on the U.S. because it seemed that U.S. policymakers w...

As a Forex trader, it is important for us to get a grasp of world news. This is because the markets are dynamic, and they react almost instantaneously to breaking news.I have found that one of the best approaches to get a “global grasp” of world news is to divide the world into three major regions: ...