The NQ Emini leading the way once again
As Santa’s little helpers prepare for another festive season, the traditional Xmas rally is already underway with both the Chinese and the Europeans providing some […]
2015
Where next for the majors as FOMC discord grows
At the start of another week of trading, it’s time to take a spin round the four currency majors of the Aussie, the British pound, […]
Trick or treat from the FED?
As the month of October draws to a close, and with the ghouls and ghosts of Halloween preparing to frighten and alarm in equal measure, […]
CRB index and oil prices move in lock step
If you were wondering where oil was heading next,longer term, and wanted an alternative view for the commodity then the CRB index is certainly one […]
Down the snakes and back up the ladders for the YM emini!
Just like the children’s board game of snakes and ladders, or as it is known in the US as chutes and ladders, coming down the […]
The VPOC (volume point of control) now significant for gold in all timeframes
Dithering by the FED, coupled with associated weakness in the US dollar have both combined to provide gold bugs with some much needed good news […]
Patience pays off for oil traders as WTI market breaks away
For traders, one of the hardest disciplines to master is patience and for long term oil traders that patience is about to be rewarded. As […]
Dramatic candles and dramatic price action – but NOT the big short!
In terms of dramatic candles and dramatic price action over the last few weeks we have been spoilt for choice, and equity markets in particular […]
Gold continues to remain bearish longer term
Another dismal week for gold investors as the precious metal continues to reflect the longer term bearish sentiment, and with last Thursday’s surge higher failing […]
Patience required for trend traders of oil
One of the most difficult virtues a trader has to develop is patience, and even more so over the last few months where we have […]
US dollar index remains bullish longer term
In the wake of last week’s decision by the FED not to raise interest rates, which has seemingly perplexed a number of market players, now […]
Spot the insider selling in Cable – answers on a postcard!
Cable’s recent revival which was signalled with a two bar reversal off the strong support platform at 1.5163 came to a juddering halt today on […]
Another disappointing week for gold investors
For gold investors, it’s been yet another dismal week, with yesterdays wide spread down candle on high volume, picking up bearish momentum once again, that […]
VPOC reflects consolidation on daily oil chart
Following my analysis of oil earlier this week, the most significant change has been in the move lower for the volume point of control on […]
Where next for currency majors as new term starts?
As the new autumn term begins for traders, and with the Labor day holiday offering a gentle return to work after the summer recess, it’s […]
Silver rally runs out of steam
For silver investors, as for gold, sentiment continues to remain very weak for the metal and the only comfort this group can take from the […]
Has buying climax finally arrived in oil?
To say that oil prices have been volatile over the last couple of weeks, is rather like saying the price of gold is a little […]
Volatility & the euro
So far in this morning’s forex trading session it’s been a case of selling the euro and buying the commodity dollars, with a strong move […]