Gold to continue to remain bullish
As we start a new trading week, time to check in on some of my favourite markets, and starting with gold, and to take a […]
2020
Check out the candles for direction on gold
Gold continues to remain rangebound on the daily chart, but it is perhaps the weekly chart which is more revealing, and as I mentioned in […]
A nice volume price analysis lesson from ABBV
An interesting VPA lesson on the daily chart for ABBV and a stock I was trading with options, but have since closed the position. The […]
The euro bears are growling
The shambles that is Europe is currently reflected in the euro which continues to plumb new depths on the weekly chart, as each weak attempt […]
Silver remains weighed down
The selling which was evident for both gold and silver on the 8th January has had a more profound and longer term impact on the […]
They all laughed:-)
Remember the words from the song, ‘Everybody laughed at Christopher Columbus when he said the world was round’, the same sentiment could apply to my […]
Stopping volume on the weekly oil chart
In my last post for oil I wrote the following: So where next for oil? Another key level awaits below at $55 per barrel and […]
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 […]
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 […]