US dollar and gold in the spotlight
A check on the US dollar ahead of this week’s NFP along with gold with some great volume price analysis lessons.
2019
OFLX delivers some great volume price analysis lessons
The daily and weekly charts for Omega Flex (OFLX) present some fantastic volume price analysis lessons which can be applied to other markets and instruments. […]
Financial sector now in congestion
Following on from my post on Citigroup I thought it would be interesting to look at the XLF ETF which is the EFT for the […]
Levels update for gbp/jpy
A quick update on some key levels for gbp/jpy following Monday’s move lower and in particular the 146.63 price region I mentioned in an earlier […]
Forex fundamentals, volume price analysis, and reversals – it’s all here!
In this morning’s session it was the PMI data which took center stage in both the UK and Europe, and whilst the data was positive, […]
Citigoup continues to trade in a tight range
Citigroup continues to tempt and tease longer term investors, as the consilidation phase of price action which began at the start of the year shows […]
Gbp/jpy stalls & looking to correct
VPA principles at work on the daily chart for the gbp/jpy with last Thursday’s and Friday’s candles of small doji & shooting star respectively accompanied […]
A tough day for index traders, but not for gold speculators
Another day trading the indices where patience was required in abundance with the YM, NQ and ES all treading water following the Advance GDP release […]
Two great trading opportunities in one session
Risk driven opportunities come along all the time in the forex market, but none better than when driven by geopolitical events, and in the US […]
The currency heatmap leads the way
In this morning’s session, one of the key indicators we focused on was the Quantum Trading currency heatmap, and the many ways it can be […]
The volume point of control confirmed it all!
Another session for day trading the US indices where patience and more patience was required, but as always it’s volume spread analysis coupled with the […]
Forex trading the US session – volume price analysis examples and much more!
Another great forex session as the US markets get underway following the overnight news in the Far East and in particular with regard to the […]
Gold waits on FOMC
For gold investors the break of the strong resistance at $1340 is hugely significant, a move that has been helped by a weaker USD as […]
Indices again wait on China US trade talks
A quick look at the indices following last week’s strong close on comments and speculation of a positive outcome to the China-US trade talks with […]
A masterclass in trading forex
This morning’s forex trading session was a masterclass in trading, combining every aspect in one powerful lesson. The GBP/JPY provided a perfect example, starting with […]
Volume price analysis and the British pound
Another interesting session with the British pound once again in focus for several reasons. First of course Brexit continues to dominate the news, and whenever […]
Gold facing strong resistance
As mentioned previously $1320 and $1340 levels still key for gold as a rising USD has added to the of the precious metal, and both […]
Indices wait on Trade Talks
Last week’s close lower in the VIX coupled with Friday’s late buying of the indices has continued as we start a fresh trading week with […]