Recent content by fallond

Friday saw five stocks make the grade for new significant highs on volume - bucking the trend for the day. Worth watching for support at 20-day MAs should Friday's weakness extend into this week. http://chart.ly/eeba75p DD as always

Depends on the underlying liquidity of the instrument traded; you could work with a tighter stop on EURUSD than say CHFUSD.

Solid breakout past $1.2600 and room to run to the $1.31s

The Euro continues its sorry decline towards two bands of support: the first is a reaction low at $1.2921, the second is a thicker band running between $1.2350 and $1.2500. The latter is a more logical buy point given psychological support at $1.2500 and its prior hold in late 2008 and early...

Today saw a couple of articles from Mish and Zero Hedge on upcoming doom and gloom in the commodity markets. While short term weakness has given to a more protracted intermediate down phase (potentially lasting up to 6 months), it doesn't mean this is the end for commodities. Unlike equities...