Category Archives: Forex

Stock and Forex Markets Review For The Year of 2011

Posted on January 2, 2012 by momoswing

2012 finally comes! I don’t know if 2012 is the year in which the civilized world ends, but it  may spell volatility for the stock and forex markets.  Let’s find some clues from the yearly chart of the Standard&Poors 500 … Continue reading →

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EURO and Swiss Franc Are Weak Across the Board

Posted on December 23, 2011 by momoswing

I did a forex momentum trading scan and it turns out both the Swiss Franc and the EURO are going lower against other currencies. Below are the scan result: Momentum Trading Buy List: Sym Name ^AUDCHF Australian Dollar/Swiss Franc ^CADCHF … Continue reading →

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How to Find The Most Volatile Currency Pairs for Forex Trading

Posted on December 19, 2011 by momoswing

There are various methods to filter out the most volatile currency pairs. Here is the simplest one I’m using: 1. Perform a search on the web to get tools to measure the strength of currency correlation. Like the followings:

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Australian Dollar is Forming a Multiple Head And Shoulders Pattern

Posted on December 9, 2011 by momoswing

A breakdown below the neckline would signal a start of a long term downtrend. Considering the mess in Europe and China (which the Australian economy heavily depends on), this seems extremely likely. Also keep an eye on Kiwi dollar which may act … Continue reading →

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Down it goes!

Posted on November 9, 2011 by momoswing

The EURO breached multiple previous lows (as supports), hinting a gap down for the stock market, but I see a rebounce is in the making. Once it touches the ema-20 resistance on the hourly chart and shows some weakness, I … Continue reading →

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