Recent content by yellowlion

EURUSD 1.4281 revisited 08/02/2011 Hi All, Gold seems all the rage. Currently doing a top-down analysis on December COMEX Gold but just a quick look at EURUSD. Our old 8hr 1.4281 support level is now resistance with EURUSD printing double top resistance at 1.4282. 1.4138 below is the EZ...

Dog Days EURUSD 08/01/2011 Hi All, Welcome to the Dog Days of summer in the northern hemisphere. Dog Days are so named because at this time of year, the sun passes through the winter constellations close to the constellation Canis Major, one of Orion's hunting dogs. Canis Major is home to...

Linear Regression 07/31/2011 Hi All, While perusing the recent forum posts I came across a comment that got me interested. One trader finds Linear Regression analysis a preferred tool over standard moving averages. This is the type of thinking that produces successful traders. This trader is...

US Overnight EURUSD 07/29/2011 14:00gmt Hi All, Closed early a couple smalls entered at bedtime on renewed weakness at the support levels. Good enough. Here comes the weekend. all the best, yellowlion

Hi All and TGIF, I just wanted to run through an update regarding the technical analysis theory discussion of yesterday (seen below this post). A couple examples of what I was saying about using the levels as countertrend entries. First the US Dollar Index From the 07/27/11 17:30gmt...

Hi All, Instead of the London Open basics this gmt morning...I would like to present a short essay on how I employ Technical Analysis theory to earn money in certain financial markets. I would like to help folks understand the purpose and use of my daily posts so that they may be able to better...

Hi All, Just a quick 18:00gmt update on the US Dollar index. This move is all about the dollar and equities. 10yr notes is off marginally near a half 32nd. Commodities are currently holding firm off the highs. Daily chart support held and is most likely the technical catalyst for dollar...

Hi All, EURUSD could be beginning it's ascent toward intermediate degree wave v' completion above 1.54, but the impulse has a shallow wave 3' which could easily fail at the wave d' resistance zone. London Open basics is available all the best, yellowlion

Yellowlion's weekend basics 07/24/2011 Hi All, a little late this weekend...hey, it's summer. September US Dollar Index - Indicators support further weakness although RSI is coming into potential support. On strength, TL1 should support. Resistance in at the minor wave a' low \ TL2. Look for...

Hi All, Happy Friday. Daily September US Dollar Index - Indicators support further weakness. Look to see who's around to support @ 73.93. Daily August 100oz Gold - The 1600.00 area could offer enough resistance to correct GC to 1550.00. 4hr September 10yr US T-Notes - I'm looking to gauge...

Hi All, Been a busy week so far. Heads up for the Eurozone meeting. This is an important one. Stay flexible. Keep strict risk management in place daily basics 07/21/2011 all the best, yellowlion

Yellowlion's Daily EURUSD weekend basics 07/17/2011 Hi All, Hope Everyone is having a splendid midsummer weekend. EURUSD is in the process of resolving a minor degree wave e' underthrow of an intermediate degree horizontal triangle by retesting the lower portion of the triangle from below...

Hi Dave, Thanks for your kind words. Here's my working Dollar Index weekly. Looks more like a little corrective pattern up to the trendline and 65 week EMA. Could you post a chart of your count? all the best, yellowlion

Hi All, Here's today's London Open basics. all the best, yellowlion

07/13/2011 London Open Hi All, US Dollar Index, Gold, 10yr US Treasuries, and EURUSD in the London Open basics. As always, feel free to contact me with any questions, comments, or suggestions. all the best, yellowlion