Using the renko indicator to gauge market conditions and trade accordingly
As US markets move towards the close of the session Anna takes a look at the VIX and where to find this vital index for […]
2020
Trading futures in a big money day as fear and panic stalks the markets
Over the last few weeks, we have been spoiled, as volatility with momentum has driven markets in big moves intraday, and today was yet another […]
Every picture tells a story
Every picture tells a story and the same truism could be applied to any of the daily charts for US markets as we come to […]
Rally for oil fades quickly
This week’s rally for oil was a short-lived affair. Monday’s rally was supported by good volume and followed on from the buying we saw in […]
But not so good for silver!
Whilst gold is on a tear at the moment, I thought it would be interesting to check out the monthly chart for silver, to see […]
A bright shiny year awaits gold bugs!
In last week’s post on gold, I drew your attention to the extreme price action of Friday last, and in particular the associated volume which […]
An anomaly on the daily chart for gold
A fascinating day of price action for gold on Friday, and whilst I was expecting gold to fall as I suggested last week, the speed […]
The first signs of buying on WTI daily chart
I highlighted stopping volume on the daily chart for WTI in last week’s analysis, and Friday’s price action provided further evidence of this as this […]
Classic volume price analysis lessons on the ES Emini daily chart
The daily chart for the ES Emini offers classic lessons in volume price analysis 101, a lesson which is also being played out on the […]
Stopping volume on the daily oil chart
The WTI futures contract for oil and the April contract is delivering some interesting price action on the daily chart, and one on which VPA […]
The anomaly of gold
Some curious anomalies at present and none more so than for gold. With markets plunging with ever-increasing momentum one would expect to see gold rising […]
The only question……….which trades to take!!
An extraordinary day as the markets moved sharply lower, driven by fears of the virus now spreading globally, and with the ‘p’ word now front […]
Great two way price action at the London open
A great session with excellent two-way price action. Overnight and into the London session it was the Japanese yen that was under pressure and as […]
Silver bathes in gold’s glory
A prescient post on Monday when I suggested silver would be relying on gold for a breakaway from the current congestion, and with gold surging […]
Reasons to be cheerful for gold bugs
Terrific to see gold performing so strongly after my analysis at the start of the week where I suggested gold remains bullish, and the $1600 […]
US indices set for further gains
With a quiet day ahead for the Presidents Day holiday, US indices are likely to remain thinly traded, which has been the case on Globex […]
Oil developing in congestion and preparing to move higher
Next a look at oil, and again from my post of last week this is what I suggested on the daily chart: Note the high […]
Silver relying on a move from gold
As we would expect, silver and gold correlate relatively closely, and with gold pushing higher, the industrial metal is doing its best to follow suit, […]