The Wild Card Daily Updates Archive
The Wild Card Daily Updates - Mar 31, 2008
EUR/JPY
There is a very strong reversal cross forming on the slow stochastic of the 4 hour chart which indicates that the bullish trend might be back with full steam. This could be a great opportunity for forex traders to enter the market with a long position at a great entry price.The Wild Card Daily Updates - Mar 28, 2008
EUR/JPY
There is a very distinct breakout pattern forming on the 4 hour chart in the shape of a triple doji. The slow stochastic is showing no crosses and has a positive slope. The Bollinger bands are tight which means that the bullish break is quite imminent. This could be a great opportunity for forex traders to enter the market on a long position with very high profit potential.The Wild Card Daily Updates - Mar 27, 2008
Gold
Gold is in the midst of a very strong bullish corrective move and appears to be heading to a very high price. The bullish channel together with the sharp positive slope of the 4 hour slow stochastic, makes it quite lucrative for forex traders to join the bullish trend and swing in with wide stops. Next target price appears to be 965.00.The Wild Card Daily Updates - Mar 26, 2008
Gold
The 4 hour chart is showing that after a very sharp corrective move, gold is now establishing a fresh bullish path. The slow stochastic is forming a triple top formation with a positive slope which points to a very strong bullish potential. Forex traders have a great shot to get in the market at a very attractive entry price for a long position.The Wild Card Daily Updates - Mar 25, 2008
Gold
Gold has been showing a very strong and violent bearish trend which started at the peak price of 1026.00 and bottomed at 909.00. The 4 hour chart is starting to show fresh bullish momentum, and the cross on the daily slow stochastic directly indicates a bullish corrective move. This could be a great opportunity for forex traders to be on the buy side again, at a very low entry price.The Wild Card Daily Updates - Mar 24, 2008
Gold
Gold is in the middle of a very violent corrective move and is now traded around the 909.00 level. The hourly oscillators are extremely bearish, and the daily studies are showing that there is much more room to run. forex traders can use this strong bearish momentum to swing into the very strong corrective move with relatively big profit potential.The Wild Card Daily Updates - Mar 21, 2008
Gold
After a very sharp breach through the bullish channel, gold is showing first signs of correction. The daily chart is showing first bar of an increase and the slow stochastic is forming a cross. This could be a great opportunity for forex traders to enter the market with a long position on a great entry price.The Wild Card Daily Updates - Mar 19, 2008
Gold
There is a very distinct bullish channel forming on the daily chart as Gold is now floating on the bottom part of the channel. The momentum is now bullish again as indicated by all oscillators. This is a great opportunity for forex traders to rejoin the very strong bullish trend at an excellent entry point.The Wild Card Daily Updates - Mar 18, 2008
Crude Oil
The 4 hour chart is showing a very clear bullish channel for the past 3 weeks. A very sharp bearish breach occurred and crude oil is now floating around 106.00. This breach has created fresh bearish momentum which has the potential to take oil back to the 100.00 levels quite imminently. This could be a great opportunity for forex traders to swing into a very sharp corrective move.The Wild Card Daily Updates - Mar 17, 2008
Gold
There is a very accurate bullish channel forming on the daily chart, as the break through the upper level of it was just validated. Gold now has enough bullish momentum to be carried into the 1026.00 zone. This is a great opportunity for forex traders to use this technical break and swing into a high potential bullish move.The Wild Card Daily Updates - Mar 14, 2008
Gold
There is a very distinct upwards channel forming on the 4 hour chart. The slow stochastic is floating at the 65 level and indicates further upward movement. This could be a great opportunity for forex traders to enjoy a strong signal for the continuation of a sustained bullish move.The Wild Card Daily Updates - Mar 13, 2008
CRUDE OIL
A breach through the upper level of the bullish channel on the 4 hour chart has occurred. This should cause an additional bullish move that might take oil to levels of above 110.50 quite shortly. This should be a great opportunity for forex traders to jump in on fresh bullish momentum of an already very strong bullish trend.