Will USDJPY break out the shrinking triangle? I’m waiting for the signal and preparing for building a swing trading position (either long or short).

 

usdjpy-weekly-20131021

Weekly and Monthly charts of GBPJPY are bullish. It’s now touching the daily trend line and horizontal support area and rebounding. It’s very good swing trading candidate.

 

A daily view:

gbpjpy-daily-20131010

A weekly view:

gbpjpy-weekly-20131010

The gold is maintaining a bearish stance on the monthly chart, but it may find support around the $1000 area and a rebounce may happen but it could eventually touch a previous high and form a huge double top.

xauusd-monthly-20131009

Some momentum swing trading stock picks – be cautious of the thin volume.

All analyses are based on weekly chart.

sune-weekly-20131006

rptp-weekly-20101006

insy-weekly-20131006

bita-weekly-20131006

audc-weekly-20131006

alny-weekly-20131006

aiq-weekly-20131006

 

A short setup for swing trading: AMZN seems weak on the weekly chart, daily chart and intraday chart. The initial target is $170.