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All analysis and training material based on "Trading in the Global Currency Market", "Technical Analysis Applications in the Global Currency Market" and "Practical Introduction to Technical Analysis".
Daily Technical Analysis for Foreign Exchange
Covers the major currency pairs: euro/dollar, dollar/yen, dollar/Swiss franc and sterling/dollar.
 This is a highly specialized and easy-to-follow analysis, which provides key entry, exit, target and magnet levels to both analysts and traders.
The analysis is based on a unique combination of candlestick charting, retracement and trend analysis, moving averages, major oscillators and parabolic.
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SAMPLE REPORT
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ANALYSIS
DATE: September 3
Dollar/yen should start the tough month of September on a quiet note but with a bearish undertone. Later on, the pair should be hurt by the seasonal weakness in the US stocks, which I wouldn’t be surprised if they made new lows for the year before 2002 is over. Don’t expect the pair to exit the Thursday’s range of 117.41-119.05. Once again, take your intraday cues from the 118.25 Gann 50-point pivot, which targets 117.75 and 118.75; it proved over and over again its profitability. (Check attached chart)
Below 117.42, support is seen at 116.95 and at the key 116.85. The 20-day moving average now resists at 118.79.
All oscillators are mixed.
OUTLOOK
NEAR-TERM: Mixed
MEDIUM-TERM: Mixed
LONG-TERM: Mixed
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LEVELS
DATE: September 3
1.6174 = 1.618% Fibonacci extension of March-June uptrend
1.6086 = October 19, 1999 peak
1.6022 = 1.5% Fibonacci extension of March-June uptrend
1.5869 = 1.382% Fibonacci extension of March-June uptrend
1.5866 = July 26 high; 27-month peak
1.5733 = 61.8% Fibonacci of Oct. 1999-Sep. 2000 downtrend
1.5720 = target of intermediate double bottom
1.5641 = 0.125% Gann retracement of Feb. -July 02 uptrend
1.5544 = Aug. 30 high; 24-day high
RESISTANCE LEVELS
1.5500 = CURRENT QUOTE
SUPPORT LEVELS
1.5412 = 0.25% Gann retracement of Feb. -July 02 uptrend
1.5370 = 50% Fibonacci retracement of Oct. 1999-Sep. 2000 downtrend
1.5354 = 20-day moving average
1.5336 = 60-day moving average
1.5184 = 0.375% Gann retracement of Feb. -July 02 uptrend
1.5161 = August 23 low; 7-week low
1.5143 = July 5 low
1.5040 = 100-day moving average
1.5004 = support line rising since March
1.4955 = 0.5% Gann retracement of Feb. -July 02 uptrend
1.4767 = support line rising since May 14
1.4739 = support line declining since July 24
1.4726 = 0.625% Gann retracement of Feb. -July 02 uptrend
1.4672 = 200-day moving average
1.4506 = May 23 low
1.4497 = 0.75% Gann retracement of Feb. -July 02 uptrend
1.4470 = May 14 low
1.4455 = April 24 low
1.4287 = April 8 low
1.4269 = 0.875% Gann retracement of Feb. -July 02 uptrend
1.4088 = March 12, 13 lows; 5-week low
1.4043 = Jan. 25 low; 6-month low
1.3932 = July 17 low; pivot
1.3905 = June 20 low
1.3680 = June 12 low; 15 1/2-year low
1.3667 = February, 1986 benchmark low
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Secondary distribution prohibited without express permission.
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Training in Foreign Exchange
Addresses all Aspects of the Industry
Introduction to Foreign Exchange
How the Market Works
Mathematics of Foreign Exchange
Mechanics and Techniques of trading
Fundamental Analysis
Technical Analysis
Options
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Training in Technical Analysis
Covering Equities, FX, Fixed Income and Commodities
Benefits
Trend Analysis
Retracement Analysis: Fibonacci, Dow Gann
Chart Type Comparative Analysis
Chart Patterns
Gaps
Candlesticks advantage
Moving Averages
Oscillators
Specialty Indicators
Gann Analysis
Customizing Your Technical Analysis
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