my trading journal

I have not updated the blog for a while, due to a number of reasons including that I have moved to the opposite side of the world… Since the bottom was reached one year ago the markets have rallied significantly until January 2010. Some people think this has been a Bear market rally and that we will see the low one year ago taken out or at least re-tested. The other camp have a more optimistic outlook believing that the markets will mainly go up from here. There have also been speculations whether the US Dollar will be replaced as the dominant currency of the world together with the US economy being surpassed. Continue reading →

Early this month the Euro made a new high against the US Dollar. But the top had some significance to it, i.e. it the market had a rather significant reaction that was a great short opportunity. In this post I address how this could have been traded for a 150+ points profit. Continue reading →

By looking at the Dow Jones charts I am getting increasingly bearish. The top in June is standing out more and more as a significant top. Continue reading →

Since the major rally that we experience from the March 09 low the Dow Jones index has been trading in two sideways ranges. Yesterday (15 June 09) it traded sharply lower to the downside of the current trading range. Will the support hold? Continue reading →

The Euro has been rising steadily since the April 09 low. It made a top on 3 Jun 09, will this top hold for a while? Continue reading →

I identified a great setup on Soybeans both looking at price and time factors and placed a short order, expecting a turn. Continue reading →

On 31 Mar 09 there was a swing chart formation with a very good setup for a Long trade on Soybeans. Continue reading →

Since the sharp low on 6 Mar 09 the Dow Jones index has rallied strongly. There is a strong positive sentiment as well as technical reasons to expect further upside. Over the course of last week there was a very nice Long trade. Continue reading →

At the end of February I carried out some time analysis and came up with a prediction that the Euro had two important dates in March 09. The first I expected to be around the 5th and the second around the 18th-20th. Around these “pressure” dates I would expect a change in trend. Consequently I identified a very good trade. Continue reading →

On 17 Dec 08 Soybeans made a double top just below a significant resistance level. The following two days were inside days where the market was “deciding” on where to go – up or down. Continue reading →