Trap door opens for gold and silver
For equity bulls, the nightmare is over for now. For gold and silver bugs it’s just beginning. If yesterday’s price action was concerning, the overnight […]
October 2014
Silver tarnished by gold and strong US dollar
Yesterday’s hawkish tone from the FED, coupled with the consequent surge higher for the US dollar, appears to have finally provided the catalyst for silver’s […]
Crude oil continues to trade in a narrow range
For crude oil traders it’s been a question of keeping an open mind, ignoring the news, and trading what you see on the chart as […]
Gold falls as dollar soars with the FED hawks
And so the waiting is over , with the FED having deliberated and discussed for two days before deciding the US economic machine is no […]
NQ E-mini poised ahead of FOMC
It was another day of solid gains for equity markets yesterday, with the NQ E-mini leading the way higher, and closing with a wide spread […]
October, a game of two halves for gold
For gold, October could best be described as a game of two halves, with the rally of the early part of the month, now appearing […]
NQ E-mini leading the way once again
The recovery in equity markets has been nothing short of dramatic, with the NQ E-mini leading the way once again, with the price action of […]
Is oil now building a platform of support?
The last few days have been interesting ones for crude oil traders, with the commodity mirroring the volatile price action and associated volume profiles of […]
A classic lesson in VPA delivered by the EUR/JPY pair
As with many of the yen currency pairs over the last few days, volatile price action in related markets has been mirrored in these pairs, […]
Rally for grains stalls as benign weather returns
The recent rally for soft commodities appears to have stalled once again last week, as improving weather conditions across the US mid West allowed harvesting […]
Volume signals the next move for the e-mini YM
Following my post of the 7th October when I made it clear that the e-mini indices and equity markets in general were in a fragile […]
Let’s hear it for the oil speculators!
Let me start this analysis for oil, by highlighting an issue which I always find deeply ironic which is this – when oil prices rise […]
Currency futures round up after a quiet start
With many of the major trading centres closed yesterday for public holidays, and with little in the way of meaningful fundamental news to drive price […]
A quiet start to the forex trading week
With three National Holidays today which began in Japan as they celebrated Health Sports Day, which sounds a great way to get people involved in […]
A game of two halves for soft commodities
Last week’s price action across the soft commodity sector can best be described as one of a modest recovery, punctuated by volatile price action towards […]
Bearish tone continues for crude oil
Bearish momentum for crude oil has continued overnight and into today’s oil trading session, with the WTI November contract moving firmly lower on the daily […]
NQ e-mini and indices in a fragile state
Today is a quiet one for economic releases in the US markets as they prepare for tomorrow’s FOMC minutes, as well as the 10 year […]
Ag prices pause as rain arrives and buyers move in
Last week’s price action for the Ag commodities, could best be described as a pause, following the long decline of the last few months, as […]