Saturday, December 25, 2010
Tuesday, December 21, 2010
Saturday, December 18, 2010
Friday, December 17, 2010
Thursday, December 16, 2010
Wednesday, December 15, 2010
Thursday, December 09, 2010
Market Report for Dec 9th 2010 | Foretrade Market Snapshot
Market Report for Dec 9th 2010 | Foretrade Market Snapshot
Note:
No Twitter updates from Dec 10th to 14th
Followed by Summer Break (in Southern Africa) from Dec 20th to Jan 3rd (weekly reports only)
Wednesday, December 08, 2010
Tuesday, December 07, 2010
Monday, December 06, 2010
Friday, December 03, 2010
Market Report for Dec 3rd 2010 | Foretrade Market Snapshot
Market Report for Dec 3rd 2010 | Foretrade Market Snapshot
NOTE: A few lifetime licenses for the Swing2 indicator (exclusive to TradeStation) are now available (US$250)
Thursday, December 02, 2010
Quick snapshot of an alternative type of chart: Kase
The Forex market has been relatively easy to follow with pretty clean swings, but some will say that using higher time frames (to be compatible with our daily reports) also makes it easier.
We here wanted to show an alternative in TradeStation : Kase Bar chart, which also often prove to be pretty "clean" and do work well with our toolset
Wednesday, December 01, 2010
Tuesday, November 30, 2010
Monday, November 29, 2010
Thursday, November 25, 2010
Wednesday, November 24, 2010
Tuesday, November 23, 2010
Monday, November 22, 2010
Friday, November 19, 2010
(Late) Market Report for Nov 19th 2010 | Foretrade Market Snapshot
Back to sunny Cape Town.... and sorry for this late report but Internet is quite pricey at 40000 ft above sea level...
(Late) Market Report for Nov 19th 2010 | Foretrade Market Snapshot
Thursday, November 18, 2010
Wednesday, November 17, 2010
Tuesday, November 16, 2010
Saturday, November 13, 2010
Friday, November 12, 2010
Thursday, November 11, 2010
Wednesday, November 10, 2010
Tuesday, November 09, 2010
Saturday, November 06, 2010
Friday, November 05, 2010
Thursday, November 04, 2010
Wednesday, November 03, 2010
Tuesday, November 02, 2010
Saturday, October 30, 2010
Friday, October 29, 2010
Thursday, October 28, 2010
Wednesday, October 27, 2010
Tuesday, October 26, 2010
Sunday, October 24, 2010
Friday, October 22, 2010
Thursday, October 21, 2010
Wednesday, October 20, 2010
Saturday, October 16, 2010
Friday, October 15, 2010
Thursday, October 14, 2010
Wednesday, October 13, 2010
Tuesday, October 12, 2010
Saturday, October 09, 2010
Friday, October 08, 2010
Thursday, October 07, 2010
Wednesday, October 06, 2010
Tuesday, October 05, 2010
Saturday, October 02, 2010
Friday, October 01, 2010
Thursday, September 30, 2010
Wednesday, September 29, 2010
Tuesday, September 28, 2010
Wednesday, September 22, 2010
Tuesday, September 21, 2010
Saturday, September 18, 2010
Friday, September 17, 2010
Thursday, September 16, 2010
Wednesday, September 15, 2010
Market Report for Sep 15th 2010 | Foretrade Market Snapshot
Short report again today:
TF indeed reached low 650s as anticipated and is now congesting in high 640s. (2H-) are indeed showing signs of stalling while (4H) indicates some residual energy to go test mid 650s again. (D) has now dissipated all bearish inclinations, so should also aim at 656, or even back to daily range highs (July). No change in the weekly outlook which despite the latest signs of optimism still points for continued bearish congestion, which will certainly be confirmed if daily range highs (~670) do indeed resist.
EURUSD favoured the more aggressive ones yesterday as we had a conservative targer around 1.294 which did not in the least stop buyers' appetite. The price point (or even 1.29) may have to be tested for support today, yet it is likely that we will see the USD lose further ground by the end of the week. The more Euro-bullish could even aim towards 1.31 next week. We do not share such optimism though yet at this point in time. at least until a firmer support is confirmed to let buyers charge ahead again.
( Posted 5:45 AM UK )
On account of meetings / traveling, there will be no Twitter updated today. Back to normal tomorrow Thursday 16th
Tuesday, September 14, 2010
Market Report for Sep 14th 2010 | Foretrade Market Snapshot
http://www.foretrade.com/blog/reportd/market-report-for-sept-14th-2010/
Short report on TF and EURUSD on account of traveling:
The market got a bit of a boost over the weekend with a bit of follow-through yesterday, testing the key 625-628 area again to now test a relatively minor Fib level. It indeed passed our 640 target to high 640s and should now aim for daily range highs. We however still have no indication of a recovery on (D+/W) time frames, so it is likely to remain range bound on the daily chart. The weekly chart shows less of a bearish congestion tone to now almost neutral. (4H-) is however bullish so the low to mid 650s should be reached today where a stall is anticipated.
EURUSD broke the 1.279 resistance and is also bullish short term. It should therefore reach low 1.29s (4H+) where major resistance is expected. A breakout is always possible even though it is not visible yet. The market is now more accepting the recent lows than actually giving us higher target. The more aggressive buyers will place a target around 1.296 for now, but a stall on low 1.29s is to be expected first.
( Posted 6:30 AM UK)
No Twitter updates today on account of meetings.
Saturday, September 11, 2010
Friday, September 10, 2010
As you may have noticed, daily reports are now posted on the ForeTrade Blog, mostly using (2H+) time frames. When market action warrants it, (2H-) updates are now also provided on Twitter.
The main web site is being rebuilt exclusively around this trading technique (TradeStation) and will be online later this month. For the time being our technical blog is the best source of information on our TradeStation tool set.
Thursday, September 09, 2010
Wednesday, September 08, 2010
Tuesday, September 07, 2010
Saturday, September 04, 2010
Friday, September 03, 2010
Thursday, September 02, 2010
Wednesday, September 01, 2010
Monday, August 30, 2010
Issues with TS 8.8 and 9.0 Beta
I have reluctantly belatedly moved to 8.8 and 9.0 Beta.
There are however memory issues preventing DLL memory to flush properly when TS closes down.
Please keep running 8.7 if possible, while I look into a workaround.
Wednesday, July 14, 2010
Daily Chart Outlook (July 14th)
We here notice a Fib configuration with a deep retracement (>100%), where the 2nd expansion level coincides with a trendline breakout.
We do also take into consideration a very early MTFS crossover above oversold territory, which is a configuration generally conducive to failed recoveries. The trendline (lower highs) has now been hit, leading to a narrowing of the range and eventually a breakout.
At this point in time, we would favour another minor retracement even though buying pressure is still high on lower time frames. We can therefore anticipate continuation of this difficult environment at least until the underlying longer term selling pressure dissipates over the next few weeks.
http:www.foretrade.com/blog
Tuesday, May 25, 2010
In addition to the daily reports now published on ForeTrade Blog, short updates are now available throughout the day (UK hours) on Twitter also.
Sunday, April 18, 2010
Monday, April 12, 2010
SRMap (Support/Resistance Map)
Monday, March 15, 2010
Forthcoming addition to the toolset
A new set of indicators will be released shortly.
We have substituted a genetic algorithm for a simpler non causal filter which computes a lot faster. Pivots are calculated instantly allowing for a number of historical calculations which would have crashed TradeStation otherwise.
The main indicator will be a multi-resolution support/resistance map, including Fib, MM etc which will provide a lot of information on one screen.
The idea is to provide the "quantum" trading environment, which complemented by energy calculations will determine the most likely course of action for the instrument.
Watch this space for more info soon, or contact me via email for details.
In the meantime, daily reports are available on the ForeTrade Blog.
Tuesday, January 19, 2010
Saturday, January 09, 2010
Friday, January 08, 2010
EURUSD snapshot
This snapshot complement the market report on the ForeTrade blog.
( Posted 9:45 AM UK )
Thursday, January 07, 2010
EURUSD snapshot
Fib patterns visible on shorter time frames.
Today's report available on the ForeTrade Blog
Tuesday, January 05, 2010
Market Report
Here is a EURUSD commented chart. The Daily Report has been posted on : http://www.foretrade/com/blog/