April 2010 Monthly Archive
The 15-minute GBP/USD's short-term intraday chart indicates that strong near-term resistance is waiting for any bulls thinking about rallying this pair higher through 1.5300 during the coming week.… More…
Posted 20:58 30 April 2010 by Queen Cleopiptra
The AUD/USD has reached an intraday double-top, with prices now exhausting between 0.9288 and 0.9292. This caps what has been a strong two-day rally in the AUD/USD, with the Australian Dollar strengthening against the U.S. Dollar.… More…
Posted 22:00 29 April 2010 by Queen Cleopiptra
Understanding when breakouts and continuations may occur is essential to trading a trending pattern. The market cycle as indicated by Initial Trend reading on the chart alert will indicate whether a continuation or breakout is more likely...… More…
Posted 07:59 29 April 2010 by Queen Cleopiptra
The pattern alert on the GBP/USD's 15-minute chart offers an interesting analysis of current price action, beyond the breakdown of the Channel Down pattern...… More…
Posted 21:42 27 April 2010 by Queen Cleopiptra
The USD/CAD has broken the Channel Up pattern's support on the short-term 15-minute intraday time frame. The short time frame indicates near-term weakness...… More…
Posted 20:19 26 April 2010 by Queen Cleopiptra
The 240-minute NZD/USD broke higher through resistance at 0.7138 - the price at which a breakout buy was triggered on the Triangle pattern's downtrend line...… More…
Posted 21:16 23 April 2010 by Queen Cleopiptra
The intraday EUR/USD has broken the 1.3300 level, making a new 11-month low at 1.3259. (The last time prices traded at these levels: May 1, 2009.) The downtrend has formed a Falling Wedge pattern, with prices continuing to press down and make not only lower lows...… More…
Posted 22:30 22 April 2010 by Queen Cleopiptra
The EUR/JPY has formed a Triangle pattern on the 60-minute chart, with prices squeezed into a narrow trading range between 125.55 and 125.05. The current market support above the 125.00 "big figure" level...… More…
Posted 12:03 21 April 2010 by Queen Cleopiptra
There are more reasons I have to want to take the 60-minute swing that I have been waiting for this morning, but the main reason I may not get it is PROXIMITY. … More…
Posted 10:04 16 April 2010 by Queen Cleopiptra
A like transparency. I want you to be able to see why and how I am taking an entry. Now this is from an earlier swing from this morning on the intraday EUR/USD but the thinking and set up would be the same for any swing short entry.… More…
Posted 15:09 15 April 2010 by Queen Cleopiptra
I've got two short videos to share here with you...I thought it would be great weekend "in your robe" seminar. I like to break down the ideas and analysis behind my trades whenever I can so you can see how and why I choose to take a set up.… More…
Posted 21:46 02 April 2010 by Queen Cleopiptra