Entries by Peter Brandt

The Apple (AAPL) is falling from the tree – Chart Review: 04.06.2011

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Is the Apple about to take a fall from the tree? Summary There are chart patterns…then there are textbook chart patterns. Presently Apple Computer (AAPL) is forming a head and shoulders top that could go into the textbooks as an example of classical charting principles. The daily chart of AAPL exhibits a near-perfect example of […]

Are the commodity and forex markets changing? Trading Commentary 03.30.2011

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The markets, they are a’changin! Electronic exchanges! High volume trading! Mega volume operators! Indicator optimization! Web-based trading platforms! Twenty-four hour markets! A trend by the small speculator toward day trading, especially in the forex markets!  Have all these evolutions in the commodity and forex markets from even a decade ago produced changes in the basic […]

Chart review 3.29.2011: $USDJPY

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After the “wash-out” decline in mid March, the $USDJPY is performing a classic “end-around” pattern. The move back into the 20-week symmetrical triangle in early trading today (Tuesday, Mar. 29) is confirmation that the “end-around” pattern is the correct chart interpretation. The final confirmation of this pattern will be a close above the mid-February high. Support […]