After the fireworks of the FOMC, the currency strength indicator reveals all!
After the fireworks of the FOMC meeting and interest rate decision the previous day, it was no surprise to see markets absorbing the news and […]
2019
Where next for Apple ahead of earnings?
With quarterly earnings for the iconic Apple tomorrow, it’s a good time to consider the weekly chart for the stock which closed last week’s trading […]
Multiple timeframes, and issues to be aware of using the daily charts
In the London forex session we take a look at a key plank of technical trading, which is using multiple timeframes, and in particular the […]
Alcoa, one to have on the watch list?
Whilst it’s been a stellar year for Microsoft shares, for Alcoa the opposite is true as the share price continues to fall relentlessly, and if […]
Caterpillar stuck in the mud, but will earnings provide some traction?
Caterpillar is a stock I have posted on over the years, and in particular ahead of the the US election when I suggested it would […]
Microsoft continues to build momentum higher
It’s been a stellar year for Microsoft shares so far and in sharp contrast to that of 2018, where the stock wallowed in congestion in […]
Trend or reversal trading – take your pick!
As always, plenty of trading opportunities to discuss and consider as the US forex session gets underway, and following on from the London session which […]
Aussie in focus in the London forex session – don’t just read the headline numbers!
The focus in the London forex session was on the Aussie dollar following the overnight employment data, an interesting release which superficially appeared weak, yet […]
Technical levels for oil once again in play!
In my post on oil of the 10th July, I highlighted the importance of the ceiling of resistance at $60.20 per barrel and whether this […]
Duke energy continues to build resistance at $90
Duke energy is another stock where levels are now pivotal to any future progress higher, and much as for GE, it is the volume point […]
Patience required for long term GE investors
Laboured would best describe progress for GE as the once stellar stock continues to remain rangebound, but for long term investors, patience is the watchword […]
Silver bears remain in control
To date, silver has had a lacklustre year with the silver bears continuing to growl each time a weak rally threatens to move the industrial […]
Chose your futures index with care – and the YM delivers as expected!
A terrific session trading the emini futures indices, and one where patience was required initially, but then paid off with a terrific move higher. A […]
GBP/JPY and GBP/CAD in focus as US markets wait for CPI
Another excellent forex session as the US markets opened ahead of the CPI data release at the bottom of the hour. The focus initially was […]
How to use the currency dashboard and aim for pips not $$ when you start!
Another excellent forex session as the European open duly transitioned into the London session with volume rising accordingly, and in today’s webinar we started with […]
Oil levels and fundamentals in play today, and watch the Canadian dollar
As always, Wednesday is an interesting day for oil traders and speculators with the weekly oil inventories release due later, and one which is forecasting […]
McDonalds continues strong performance ahead of earnings
I first highlighted McDonald stock back in March this year ahead of earnings when the shares were trading at $189, and suggested there was more […]
Where next for gold?
The daily gold chart is one which makes interesting reading, and the question now all investors want an answer to is this – are we […]