stoictrader

Charts, 2013 – Week 6

In Charts on February 3, 2013 at 4:43 pm

A collection of weekly charts that I am looking at in advance of the 6th week of 2013.

1. GBPUSD

2013 02 02 gbpusd w1

2. GBPCAD

2013 02 02 gbpcad w1

3. EURGBP

2013 02 02 eurgbp w1

4. EURUSD

2013 02 02 eurusd w1

More charts below including: USDJPY, USDCAD, GBPCHF, AUDJPY, as well as Gold XAUUSD and Silver XAGUSD

5. USDJPY

2013 02 02 usdjpy w1

6. USDCAD

2013 02 02 usdcad w1

7.  GBPCHF

2013 02 02 gbpchf w1

8. AUDJPY

2013 02 02 audjpy w1

9. XAUUSD

2013 02 02 xauusd w1

10. XAGUSD

2013 02 02 xagusd w1

– – –

A word about the charts: On Sundays I tend to look at weekly OHLC bar charts and watch for a few things: classic chart patterns, channels, candle patterns, support/resistance, and sometimes weekly moving averages.  I post a few that seem most relevant to me. I don’t necessarily trade based on weeklies, but they help me understand context and are useful to consult before trading in the lower timeframes.  I am always amazed how insignificant 300 pip moves look on a weekly chart.

A heptagram of currency crosses that I follow:

Heptagram 9

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