Saturday, December 25, 2010

Market Report for end Dec 2010 | Foretrade Market Snapshot

Market Report for end Dec 2010 | Foretrade Market Snapshot

Saturday, December 18, 2010

Market Report for Dec 20th 2010 | Foretrade Market Snapshot

Market Report for Dec 20th 2010 | Foretrade Market Snapshot

Thursday, December 16, 2010

Market Report for Dec 16th 2010 | Foretrade Market Snapshot

Market Report for Dec 16th 2010 | Foretrade Market Snapshot

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)

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

Market Report for Dec 2nd 2010 | Foretrade Market Snapshot

Market Report for Dec 2nd 2010 | Foretrade Market Snapshot

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

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.

Friday, September 10, 2010

Twitter

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.

Market Report for Sept 10th 2010 | Foretrade Market Snapshot

Market Report for Sept 10th 2010 | Foretrade Market Snapshot

Wednesday, September 08, 2010

Thursday, September 02, 2010

Monday, August 30, 2010

Market Snapshot

Market Snapshot
(ForeTrade Blog Aug 30th 2010 here reposted)

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

Twitter

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

Reminder

Please note that market reports are now posted on the ForeTrade Blog

Monday, April 12, 2010

SRMap (Support/Resistance Map)



A beta version of SRMap is now available.
Some fine tuning in the prioritization of support/resistance levels is still needed, as well as maybe offering a few display options, but the core calculations are now all fine.
This indicator will also be offered as a standalone TS indicator.

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

Mid-day update on EURUSD


Here is a mid-day update on EURUSD

EURUSD screenshot


Here is a EURUSD snapshot to complement the ForeTrade blog.

Jan 19th 8AM UK

Saturday, January 09, 2010

Weekly Snapshots _ Jan 15th




These screenshots complement the weekly report on the ForeTrade Blog

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/