More to come from MCD
As you all know from my previous posts MCD is one of my watch list stocks, and since the buying by the market makers in […]
January 2020
Where next for GE?
If you’re one of those investors waiting for a longer term recovery in GE, a stock I watch closely myself, it seems we may have […]
Oil takes out a key price level
In my last post for oil I highlighted the well developed area of support at the $58 per barrel region and its significance to the […]
Cause and effect for gold as congestion continues
An interesting technical picture for gold on the daily chart as the precious metal continues to trade in a narrow range, and as always with […]
US equities remain bullish despite virus fears
Concerns over the Chinese coronavirus caused some nervous price action yesterday across the three sisters of the YM, ES, and NQ, following the buying of […]
How to use non time based charts for day trading
As the US markets come to a close late in the session we take a closer look at some of the non-time based charts and […]
Risk off flows driving currency markets this morning with the Aussie in focus
Our first webinar of the new year and decade and it was good to be back and an enjoyable and lively webinar. The overnight news […]
Dow approaching cruising altitude!
There’s no stopping US markets which continue to rampage their way higher, fuelled by the settlement of Phase One of the trade deal with China. […]
A more sedate week for gold!
A more sedate week for gold after the turbulent price action of the previous week which saw the precious metal breakthrough $1600 per ounce on […]
Silver reversing but remains bullish
The chart for silver shares many characteristics with that of gold, as you might expect, but for the industrial metal, the picture is perhaps less […]
Gold fails to hang on to gains
A check on the weekly chart for gold which has been both blessed and cursed by the hand of geopolitical events, and what is given […]
Short term correction or longer term reversal for oil?
Short term correction or longer term reversal? This is the question many longer term oil traders are considering and whilst it is early days to […]
Volume adds depth and color to the monochromatic picture
As always, volume reveals the truth behind the price action, and whilst price action alone reveals much, on its own, it is a one dimensional […]
A great VPA (volume price analysis) lesson on the AUD/JPY
A great VPA, volume price analysis lesson, on the daily chart for the Aussie yen and which delivered several excellent days of gains for forex […]
A rapid roundup of currency indices
A rapid round up of the four currency indices is always helpful to give a view on sentiment, safe haven and direction for these four […]
Check on the daily currency charts post holiday
And finally, to start the new year, time to check on the daily charts for the four key currencies of the Japanese yen, the US […]
Oil continues its bullish momentum
Oil is the second of our commodities much in focus today, with Friday’s knee jerk reaction to the geopolitical events propelling it higher on the […]
Plenty for gold and silver bulls to cheer about!
First of all may I wish all my readers around the world and very happy New Year and it’s good to see the markets back […]