Spotlight on the currency indices
And as we come to the end of another trading week and the end of a quarter, it is always interesting to take a look […]
June 2019
Oil continues with bullish momentum and more to come
In my previous post on oil, I suggested bullish momentum was returning for oil when the commodity was trading at $57.96 per barrel, but with […]
Gold pauses, so where next for the precious metal?
Over the last few days, gold bulls have lost some of the recent momentum, so it has been no surprise to see the precious pause […]
Oil inventories deliver, as indices tread water
It was commodities which have delivered some explosive price action over the last few days as strong moves in the US dollar have helped to […]
A slam dunk on the GBP/AUD – they don’t come any better than this!
A terrific forex trading session at the London open, and following the overnight news from the RBNZ it was the commodity currencies of the AUD […]
Oil develops bullish momentum……. thanks to the US dollar
Oil is yet another commodity that has benefited from weakness in the US dollar and which has certainly helped to reverse the strong bearish trend […]
A tarnished outlook for silver, unlike gold!
It’s always interesting to follow any analysis of gold with that for silver, and for alternative investors, the picture here is less rosy with the […]
The sun is truly shining for gold bugs……and more to come
What a week it’s been for gold bugs who must be pinching themselves, and perhaps frightened they will wake up and find the price action […]
Another day, another for scalping Emini futures, but don’t forget Globex!
An interesting session following the key FED meeting a day earlier with the markets anticipating the start of a round of rate cuts, sending equity […]
Hunting out the best trades in the US forex session
As the US session opens as is often the case, what occurs in one is then reversed in another and so it’s a question of […]
Terrific trends, more VPA lessons and importance of congestion regions as London forex session opens
This morning’s forex session was dominated by the follow through from the FED meeting yesterday, and whilst US rates were held, the tone was more […]
Proctor and Gamble a positive from every perspective
The longer term trend higher in Proctor and Gamble could best be described as steady, and a great an example of a blue chip stock […]
Gold waiting for an injection of momentum…..from the FED?
The journey higher for gold is far from straightforward as the precious metal continued its volatile and jerky price action intraday. Last week’s price action […]
More great VPA lessons trading the emini futures
Another US session with range bound price action as US indices continue to remain fragile. But in such markets moving to the fast charts pays […]
Aussie and British pound in focus as London forex markets open
In this morning’s London forex session initial focus was on the Aussie dollar following the data release overnight for employment, and which wrong footed many […]
Day trader or investor – check out the YM emini daily chart
Whether you are a longer term investor in US stocks or an intraday speculative index trader, the daily chart for the indices is always worth […]
Patience for Ebay bidders will pay off
For investors continuing to watch Ebay stock for a longer term buy and hold, further patience is required as the stock continues to remain rangebound. […]
For Dish investors, stop watching TV and start watching the stock!
Investors in Dish Network would do well to turn off their TV sets and start watching this stock right now, as it is on the […]