CoghlanCapital.com

http://www.coghlancapital.com



If you are interested in the methodology and want to find out some more, Paul Coghlan will be holding a free webinar on Thursday, October 3rd at noon EDT.

We have put out several calls to subscribers in Gold and Silver recently, looking for a move lower after FOMC, a move higher last Friday and finally turning cautious BOTH Monday and Tuesday of this week prior to the move lower. You can see some of these calls in the video below:

http://www.coghlancapital.com/node/6924

In the webinar we will talk through what has happened to the ES, Gold, Silver and currencies during the last month and what might be on the horizon bearing in mind the fiasco playing out in DC.


All registrants to the webinar will be presented with a special discount, to be shared during the event. This special offer will enable access to the Morning Analysis and Cross Pair Analysis services at a significantly reduced rate.


You can register for the webinar via the link below:

https://www4.gotomeeting.com/register/152346591

Cant make it at noon? Not a problem. All registrants of the webinar will be emailed a link to the recording once the webinar is finished and the recording uploaded to the site.



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http://www.coghlancapital.com



Here is a link to the recording of Thursday's webinar:

http://www.coghlancapital.com/node/6942



The next webinar, looking at non US Dollar pairs, is on Tuesday 8th October at noon EDT - to register please use the link below:

https://www4.gotomeeting.com/register/653692247




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Missed this one, looks like caution is the name of the game.....

http://www.coghlancapital.com




All webinars are recorded -here is a link to Thursday's:

http://www.coghlancapital.com/node/6942


The next webinar, looking at non US Dollar pairs, is on Tuesday 8th October at noon EDT - to register please use the link below:

https://www4.gotomeeting.com/register/653692247



Have a good weekend



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http://www.coghlancapital.com


GBPAUD 20 min

This chart was shown in the detailed weekend video available to subscribers. We have been tracking the pair over numerous timeframes and the chart was presented as a "canary in the mine" for a change of behaviour. We will watch the Upper Parallel for evidence of continued resistance and the movement of price along the line of the fork to gauge the strength or weakness of the trend.

EDIT - a breach of the UP (prior resistance) or support presenting itself higher in the fork than the Lower Quartile (prior support) is the kind of thing we are looking for....


If the methodology is of interest please consider registering at the link below for the free webinar on Tuesday 8th October at noon EDT:

https://www4.gotomeeting.com/register/653692247



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http://www.coghlancapital.com


GBPAUD 20 min

Following on from the previous chart, as suggested price appears to be stepping up in the fork. Support has moved from the Lower Quartile to the green circled Sliding Parallel. The previous resistance at the Upper Parallel has given way and we are looking at higher resistance. This is all evidence of a change of behaviour - yet to be confirmed on larger timeframes.....


Registration for the free webinar on Tuesday 8th October at noon EDT at the link below:

https://www4.gotomeeting.com/register/653692247




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Registration for today's free webinar at noon EDT at the link below:

https://www4.gotomeeting.com/register/653692247




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http://www.coghlancapital.com



Link to a recording of today's webinar looking at non US Dollar pairs:

http://www.coghlancapital.com/node/6981




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http://www.coghlancapital.com



AUDNOK 240 min

Am posting a chart that came out of yesterday's Cross Pairs webinar and shows very good harmony. The pitchfork describes the path of price with great accuracy. Link to the recording of the webinar below:

http://www.coghlancapital.com/node/6981




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http://www.coghlancapital.com


AUDNOK 60 min

Following on from the 240 min chart above we drop down and look at the AUDNOK on a 60 min timescale.


The first chart shows the distinct A-B-C points of the pitchfork and the resistance along the Median Line and support along the Lower Parallel. We have found thepath of price.

The second chart is a detailed view and shows the strengthening and weakening of support and resistance in the fork. The lowering highs (in the red circles) in terms of the fork followed by the resistance at the Quartile and then below the Quartile (red arrows) indicate a weakening of trend and accordingly price moved to the Lower Parallel. We are now seeing some evidence of stepping up in support as shown by the raised Sliding Parallel.

Link to Tuesday's webinar with the AUDNOK discussed around the 29 minute mark: http://www.coghlancapital.com/node/6981



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http://www.coghlancapital.com

AUDNOK 240 min

Another look at this pair which continues to follow the defined supports and resistances very well. Price has stepped up from support along the blue Sliding Parallel and has reached anticipated resistance just above the Quartile. We are now looking to see if prior resistance along this Quartile can now become support - that would indicate continued bullishness. Next resistance to watch would in that case be the red Sliding Parallel.

The Lower Parallel spike low on the 19th was at 5.4553 and would have required a minimal stop beneath prior lows - price is currently 5.7126.

If you're interested in the methodology here is a link to Tuesday's webinar with the AUDNOK discussed around the 29 minute mark:

http://www.coghlancapital.com/node/6981



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http://www.coghlancapital.com


GBPUSD 240 min

This chart and pitchfork was last shown on 13th September in post #37. Subscribers have been following it closely since then and we have seen it move to the Upper Parallel and then fall all the way to the Lower Parallel before finding precise support as shown in the red circle. We have so far seen a 90 pip rise from an area that was expected to provide support.

We continue to watch the path of price in the pitchfork - lowering resistance will put support under pressure whereas raising support will do the same for resistance. It sounds obvious, but sometimes simple ideas work best ......


Median Line Analysis allows us to predict likely areas of support and resistance with great accuracy. If you are interested in the methodology you may wish to follow this link to Tuesday's Cross Pairs webinar:

http://www.coghlancapital.com/node/6981




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http://www.coghlancapital.com



Link to a recording of Tuesday's webinar looking at non US Dollar pairs:

http://www.coghlancapital.com/node/6981


Have a good weekend



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http://www.coghlancapital.com


GBPUSD 60 min

Despite thin markets due to the US holiday we continue to watch support at the blue Lower Parallel - same chart as above but a shorter timeframe...... price is currently 60 pips above the last LP touch.




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http://www.coghlancapital.com


GBPUSD 240 min

Cable continues to progress along the support of the Lower Parallel. A little bit indecisive over the US holiday, it has neither breached the support nor found enough impetus to move away from it.....




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http://www.coghlancapital.com


AUDNOK 240 min

I try very hard to keep charts simple in order to best see what is happening - a good example of this is the AUDNOK 240 that has been shown before.

Price has stepped up in support from the Lower Parallel and we have now reached Sliding Parallel resistance. It remains to be seen whether the stepping up is enough to push price through resistance or whether it will continue to move in the same channel.



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http://www.coghlancapital.com


GBPUSD 240/60 min

1st Chart -Looking at cable we see a continuing ABCD formation on the 240 min chart. Price found support at the P level once more as shown by the green circles.

2nd Chart -On the 60 min chart I am noting how price is finding support on top of the red Upper Parallel that was previously resistance - we term this a "Switchback"


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http://www.coghlancapital.com



If the methodology is of interest have a look, via this link, at a recording of a recent webinar charting non US Dollar pairs:

http://www.coghlancapital.com/node/6981




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http://www.coghlancapital.com


AUDNOK 240

Having found the path of price we continue to watch this fork as it provides numerous trades along it's lines - median line analysis allows us to predict areas of likely support and resistance with great accuracy.....




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http://www.coghlancapital.com


AUDNOK 60/240

Following on from the above here is a link to a short video provided to subscribers on the 22nd October, showing how we integrate the 60 min and 240 min charts in order to provide profitable and low risk trades:

http://www.coghlancapital.com/node/7108

The AUDNOK analysis begins at 3.00 minutes.


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