There is risk between banks settling through the CHIPS network and Fedwire. Since forex is not centralized in one exchange a bank from anywhere can exchange money with another, the contracts between the banks specify a delivery of the currency. This ...

the way this program works is much like the way the turtles used to manage money but with a twist. measuring volatility is easy as taking the 20 day average of ATR. what this does is tell you how much you can afford to risk depending on different ...

Screen — a screen shot of the program in action

What to look for in tommorows US session! — image Tomorrow I'm going to be focused on Comex Copper futures! There is a nice trendline setting up on this instruments 4hr chart. What a lot of people don't know is that copper futures are very ...

S&P Makes its move — image During the European session the s&p broke the pitchfork! where are we going now? I took the height of the channel added on to the breakout point. the target comes to around 1220 on the s&p. This trade is going ...

S&P 500 Has a date with andrews pitchfork. — image This is a massive 4hr Andrews pitchfork! Right now we are retested the support line. tomorrow will be an important day for the s&p, it will indicate whether this support will be broken ...

COMEX GOLD — image This recent down trend in gold has been quite amazing. If this trend line is broken, that AUD/JPY trade probably wont work out. On the other hand if price touches the trend line then continues downward, it would be a ...

Will the aud/jpy continue its spill? — image Another beautiful trend line on the aud/jpy 1hr chart. Since im already in the trade its time to talk targets. If we do a fib study of the most recent swing move to the down side, it appears there ...

ZNU8 10 YR TNOTE — image This is a 1hr US t-note chart, a trend line within a channel is a good indication of when to short at the top. If the steeper trend line is broken the target will be the bottom of the channel. Easy peasy japenesy!

Technical note on bollingers — image image Bollinger bands measure volatility of the market; good indication that Bollinger himself teaches is what I like to call the Bollinger reversal. This is simply when Bollinger Bands are broken then ...

Goldy Locks — image Much like the euro the gold futures market is showing a similar picture. A bit of a head and shoulders consolidation before another move down.

Phelps winning like a maniac, Euro Falls — image This trend in the euro market has been down down down to china town. Who wants to fight a trend like this and call a bottom? If this trend line breaks maybe we will see an even cheaper euro!

Demise of the Euro..or not? — image For the first time since 2006 the euro's voracious upwards trend is taking a vacation. Does this mean commodities will do the same? Considering the high correlation of an oil and the euro; we might see ...

Swissie divergence — image Hourly macd is showing signs that the bulls are running out of steam. It just so happens that the 55ema is overlapped with the support trend line. the target will be 1.0425, just slightly above the 200ema and daily ...

CAD/JPY 1hr — image If we see a pullback in gold and the swissie maybe this will be a nice opportunity to short some cad/jpy. As far as divergence the 15 min shows very slighty

Aussie divergence — image the Aussie 15min chart shows macd divergence and a clear reversal at the M1 pivot point. If the trend line is broken to the upside along with the 55 ema, a long entry wouldn't sound to crazy.

Swissie Greenback — image Descending Andrews pitchfork! there isnt any indication of macd divergence but there is stochastic divergence to the upside. right now the chart are saying get ready to short gbp, eur, and chf.....then buy some yen.

Swissie Yen — image The swissie yen is stuck in an ascending channel, but there is clear macd divergence. This will be a nice little short on a break to the downside.

China has more internet users then the US - Euro trade is setting up — image Macd divergence is telling a different story within EUR/USD price action. As price is moving up along this beautiful trend line macd is making a lower high! Also if ...