stoictrader

Charts, 2012 – Week 29

In Charts on July 15, 2012 at 8:02 pm

A collection of weekly charts that I am looking at in advance of the 29th week of 2012.  (I am in rural England this week on a farm with the family so only doing a few charts).

1. GBPUSD

2. EURUSD

3. GBPJPY

4. USDCAD

More charts below including USDJPY, EURGBP, and AUDCAD.

5. USDJPY

6. EURGBP

7. AUDCAD

– – –

A word about the charts: On Sundays I tend to look at weekly OHLC bar charts and watch for three things: classic chart patterns, channels, and support/resistance.  If nothing jumps out at me, I look at weekly moving averages and crossovers, candle charts, bollinger bands, etc.  I post a few that seem most relevant to me. I don’t necessarily trade based on weeklies, but the help me understand context.  I am always amazed how insignificant 300 pip moves look on a weekly chart.

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