Laid Trades Blog Posts

  • A Perfect Time for Gold
    on Sep 13, 2013 in Commodities Gold
    With an economic crisis looming over the horizon, investors have to be smart and turn to a reliable commodity that has withstood the test of time. The value of gold has been the subject of debate among experts and whether it adds value to one’s por...
  • The U.S. Stock Market: Suffering in the Wake of Growing Risk Aversion
    on Aug 31, 2013 in Economy Forex Indices Stocks US
    In recent times, you could be forgiven for thinking that the American economy was about to embark on a long and glorious recovery. As property prices soared alongside consumer confidence, so too the nation’s unemployment continued to fall as it...
  • Music and the Market: Song and Stock Volatility
    on Aug 27, 2013 in Indices Stocks
    Check this amazing video out!
  • NZD/USD To Regain Lead Soon?
    on Jul 24, 2013 in Forex NZD/USD
    The New Zealand dollar may recover from its recent losses against the USD based on my technical analysis. As you can see from the 1-hour chart of the NZDUSD pair, its rise was halted by a resistance at 0.8000. As a result, the pair weakened and fell...
  • Role Reversal To Cushion The Fiber?
    on Jul 23, 2013 in EUR/USD Forex
    The EURUSD pair has broken above its resistance at 1.3175 but has weakened since. Should this former resistance at 1.3175 turn to support then the euro may once again rise versus the USD. If the 1.3175 support holds then the pair may rise towards 1.3...
  • Near Term Rise Seen In Spot Gold
    on Jul 22, 2013 in Forex XAU/USD
    Spot gold prices or the XAUUSD may further rise in the near term as the pair breaks out from its downtrend line. The positive momentum from its recent breakout may further push higher. Still, some selling may be seen at the 1,350.00 marker. Note that...
  • Rectangle Play On The Loonie
    on Jul 19, 2013 in Forex USD/CAD
    A rectangle chart pattern can be spotted on the 1-hour chart of the USDCAD pair as for my technical analysis. Notice that the pair has been ranging between the 1.0360 support and the 1.0440 resistance. With the price nearing the pattern’s supp...
  • Australian Dollar To Bounce Versus USD?
    on Jul 17, 2013 in AUD/USD Forex
    The Australian dollar may extend its gains against the US dollar as the AUD/USD settles at the 0.9200 marker after reaching 0.9260. As you can see from its chart above, the aussie rose versus the USD and reached 0.9260 before falling back to 0.9200.
  • Symmetrical Triangle Spotted On USDJPY
    on Jul 11, 2013 in Forex USD/JPY
    A symmetrical triangle chart pattern is spotted on the 1-hour chart of USDJPY. A breakdown from this pattern may send it down to a target of around 97.75. On the other hand, a break to the upside may send it higher to at least 100.00. But since the...
  • USD To Weaken Further Vs. The EUR
    on Jul 11, 2013 in EUR/USD Forex
    The US dollar may weaken again against the euro if the EURUSD pair breaks our from what appears to be a falling wedge chart pattern that it has formed since yesterday. A breakout from this falling wedge may catapult the fiber back to its previous hi...
  • Yen To Weaken Again Versus The Kiwi
    on Jul 9, 2013 in Forex NZD/JPY
    The Japanese yen may weaken again versus the New Zealand dollar as the NZDJPY pair falls back towards its previous resistance at 79.00. An oversold condition plus the fact that the pair is drawing up a hidden bullish divergence suggest a likely posit...
  • Selling The Fiber Rally
    on Jul 8, 2013 in EUR/USD Forex
    The EURUSD has rallied back to 1.2860 after falling to a low of 1.2810 from 1.3000. In my opinion, this rally may not last as the pair may see a resistance at the downtrend line that was drawn above. Note also that there is a hidden bearish divergenc...
  • USD To Extend Rise Against The JPY
    on Jul 8, 2013 in Forex USD/JPY
    The USDJPY pair may extend its uptrend as it finds support at its former resistance at 100.80. As you can see from its chart above, the pair has fallen back to 100.80 after touching a high of 101.50. The pair, though, has bounced back off of the 100.
  • USDCHF To Jump By Another 80 Pips?
    on Jul 5, 2013 in Forex USD/CHF
    The USDCHF pair spiked yesterday from 0.9500 to 0.9580 before consolidating into a small ascending triangle chart pattern. All in all, the whole move may be considered as a bullish pennant pattern. So if the Swiss franc weakens further versus the US...
  • Looking To Short The Fiber
    on Jul 3, 2013 in EUR/USD Forex
    The EUR/USD or the Fiber as what they call the pair in the street had broken down from a rectangle chart pattern when it fell below the 1.3000 support. As you can see from its 1-hour chart, it immediately achieved its downside target of 1.2500 follo...
  • Aussie to Weaken Again Versus the USD?
    on Jul 3, 2013 in AUD/USD Forex
    The AUDUSD pair may fall once again as it may find some resistance at its former support at 0.9120.  As you can see from its chart, the Australian dollar fell versus the USD but it managed to rally after seeing a low of around 0.9040. Aside from bei...
  • Potential Bullish Reversal on NZDJPY
    on Jun 16, 2013 in Forex NZD/JPY
    The NZDJPY may soon head higher after being on a downtrend for quite some time now as it looks to be forming an inverted head and shoulders chart pattern. As you can see from 1-hour chart, the Kiwi has been on the losing end against the Japanese yen...
  • A Bounce Seen In The Aussie Yen (AUD/JPY)?
    on Jun 13, 2013 in AUD/JPY Forex
    The Aussie dollar against the Japanese yen, after breaking down from its 7-month uptrend, dropped by more than 10% in less than a month to today’s low of 89.00. As you can see in the AUD/JPY daily chart above, this level happens to be the 1-ye...
  • Short Play on the Kiwi
    on Jun 12, 2013 in Forex NZD/USD
    The Kiwi has rallied back against the US dollar to 0.7950 from a low of around 0.7775. As you can see from its 4-hour chart above, this level was a previous support and could act a resistance now. If this happens then the NZDUSD pair may fall down.
  • Gold Ready To Tumble Again?
    on Jun 11, 2013 in Commodities Gold
    On a technical perspective, the spot price of gold has reversed its uptrend when it broke down from a 2-year double top formation after a massive sell-off last April as seen in the weekly chart above. By gauging the height of the mentioned chart pat...