A lesson for us all
As we come to the end of another trading year, it’s always interesting to look back and consider the charts on a slower timeframe, and […]
2019
Will silver shine in 2020?
Let’s now turn our attention to the precious metals, and rather than consider gold, move to silver which has had a roller coaster year, but […]
Oil building a bullish platform
Another chart which is technically interesting is that for West Texas Oil on the weekly chart. This is another market I follow closely and in […]
Trump speaks and the market delivers!
If there is one person who can be guaranteed to deliver much needed volatility into the markets it’s Donald Trump! And in the US trading […]
An easy choice today – it’s the pound in focus as London markets open on polling day
A pivotal day for the British pound as the country goes to the polls in a general election which is likely to define the direction […]
Back where we started!
For US equity markets last week was a case of being back where we started, with the plunge of Monday and Tuesday on a nervous […]
Bullish drivers for oil working in concert
As always, the technical and fundamental picture for oil is both mixed and confused with a variety of factors playing out for the commodity over […]
View on gold – it depends where you are standing
Your view on gold last week would depend on your perspective. As a gold bug or investor, it was a bad one which does not […]
Using tick to reveal momentum and activity in the market
After three consecutive days of wonderful momentum across all the markets, it was no surprise to find price action muted as they pause for breath […]
A perfect trading week so far!
Trading weeks come and go, some are better than others. But the first three days of the current week have been as near perfect as […]
The joy of Donald Trump!
What a joy it is for traders having Donald Trump as US president as he delivers a never ending source of volatility to the markets. […]
Volume signals the reversal in the USD/JPY
The USD/JPY is another currency pair which has been trading in a tight range for an extended period and here we have moved to the […]
How to trade the 6B currency future ahead of the glorious 12th!
For currency traders, whether on spot markets or futures, the British pound is now building a classic congestion phase which exemplifies Wyckoff’s second law of […]
Forex trading lessons even in a quiet market!
With the US on holiday for Thanksgiving the markets were quiet as expected for the London open, but nevertheless always trading lessons to be learned. […]
Focus on the down candles in an uptrend!
When markets are in a strong uptrend, we always consider every candle and its relationship to volume, but it is often the down candles which […]
The technical picture for oil looks positive
The weekly chart for oil is an interesting one from a technical perspective, with last week’s price action adding further weight to the argument that […]
Rally for gold runs out of steam
Last week was another topsy turvy ride for gold investors who were hoping for a further recovery in the precious metal and build on the […]
Trading forex and futures in the US session
Another session where the US markets lacked strong direction, yet plenty of opportunities for the intraday scalping trader on the emini index futures. And for […]