The FED delivers a lesson in VPA!
For intraday emini index traders, last nights FED meeting delivered a classic lesson in volume price analysis (VPA). The example here is from the emini […]
October 2013
The wonderland world of equities!
Much like Alice in Wonderland, equity markets appear completely disconnected from economic reality and continue to trade in their own fantasy world, and for fundamental […]
Gold bugs cheered, but for how much longer?
The last two weeks have been positive ones, and not just for equities, as gold bugs finally found something to celebrate with a return of […]
CAD/JPY moving to test support on the weekly chart
Whilst the relationship between the US dollar and oil appears to have broken down, one that continues to remain in place is that between oil […]
Crude oil futures remain bearish on the daily chart
For commodity traders, the last few weeks have been interesting to say the least, and indeed these markets have demonstrated once again, if any further […]
Markets return to normal – but what’s normal?
With the US government shut down at an end and the debt ceiling crisis kicked into the long grass, at least for the time being, […]
A tale of two commodities – oil and gold
An interesting phase of price action for two of the most precious commodities over the last few days, with both gold and oil, testing key […]
Gold and the US dollar – back in harness?
Much as expected, and indeed as I suggested in yesterday’s post on gold, the precious metal has finally managed to find some bullish momentum, following […]
The US dollar : ‘the reports of my death have been greatly exaggerated’
With the brouhaha in Washington continuing to dominate both the financial and main stream media, and the deadline for a technical US default drawing ever […]
The barometer of risk now awaits – stormy seas or sunny weather ahead?
As we approach the end of what could be a defining week for the financial markets, nowhere is this reflected more graphically than in daily […]
Gold now delicately balanced on the tipping point!
For those of you who follow my regular market analysis will know that not only do I enjoy trading gold, I also enjoy writing it […]
Tesla returns in spirit if not in body!
With so much media focus on shutdown & the debt ceiling crisis in the US, I thought that today I wouldn’t add further to the […]
$100 per barrel continues to hold for oil – just!
Another week of restrained price action for crude oil, with the December futures contract closing at $103.84 per barrel, up just over $1.40 per barrel […]
Where have the halcyon days of summer gone, for gold?
For commodity traders, perhaps the opening of the classic novel A Tale of Two Cities, best describes the price action for gold over the last […]
Forex round up as we wait for NFP – or perhaps not!
With the shutdown in the US still ongoing, and despite debate as to whether tomorrow’s non farm payroll data will be released, nevertheless I thought […]
Volatility, vigilance and volume – the three V’s to success!
The new trading week and month has started on a very sour note, as markets begin to digest the implications of the impasse currently underway […]