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 […]
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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 […]
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 […]
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 […]
Oil building a bullish platform
Another chart which is technically interesting is that for West Texas Oil on the weekly chart. This is another market I follow closely and in […]
An easy choice today – it’s the pound in focus as London markets open on polling day
A pivotal day for the British pound as the country goes to the polls in a general election which is likely to define the direction […]
Back where we started!
For US equity markets last week was a case of being back where we started, with the plunge of Monday and Tuesday on a nervous […]
View on gold – it depends where you are standing
Your view on gold last week would depend on your perspective. As a gold bug or investor, it was a bad one which does not […]
A perfect trading week so far!
Trading weeks come and go, some are better than others. But the first three days of the current week have been as near perfect as […]
The joy of Donald Trump!
What a joy it is for traders having Donald Trump as US president as he delivers a never ending source of volatility to the markets. […]
Volume signals the reversal in the USD/JPY
The USD/JPY is another currency pair which has been trading in a tight range for an extended period and here we have moved to the […]
How to trade the 6B currency future ahead of the glorious 12th!
For currency traders, whether on spot markets or futures, the British pound is now building a classic congestion phase which exemplifies Wyckoff’s second law of […]
The technical picture for oil looks positive
The weekly chart for oil is an interesting one from a technical perspective, with last week’s price action adding further weight to the argument that […]
Trading forex and futures in the US session
Another session where the US markets lacked strong direction, yet plenty of opportunities for the intraday scalping trader on the emini index futures. And for […]
Markets in a febrile state as US and China trade talks continue to dominate
A morning where markets were in a febrile state as the ongoing discussion between the US and China continues to dominate market sentiment which flips […]