The 4th dimension, risk sentiment and more in the London forex session
A terrific session which covered many aspects of forex trading from the fundamental to the technical, relational and finally the political. Forex trading used to […]
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A dramatic day for the AUD/JPY
A fascinating day on the markets yesterday and not least for forex, which not only had some dramatic price action but unusually accompanied with ultra […]
Where next for US equities?
Where next for us equities? This is the question exercising many investors, and whether we are now witnessing the start of a longer term bear […]
GBP/AUD and emini futures produce once again!
After the explosive start to the London forex session, it was the GBP/AUD which continued to deliver with great trends and terrific price action. From […]
Volume price analysis lessons all too clear on the GE monthly chart
The monthly chart for GE offers many volume price analysis lessons for traders and speculators but makes for dismal reading for investors and longer term […]
Wow! What an explosive start to the London forex session!!
After two days of terrific price action with risk on risk off sentiment swinging wildly, we were expecting a muted start to the London forex […]
Gold bulls drag silver higher
The bullish trend for gold shows no signs of slowing, with the precious metal breaking away from yesterday’s close at $1517.20 per ounce, and opening […]
More to come from McDonald’s
Last week was a stellar one for McDonald’s which saw the stock close with a wide spread up candle on solid volume, and once again […]
China and technical picture combine to weaken Apple
Apple is another of our regular stocks and one I suggested was looking weak ahead of the recent earnings as it approached the $210 per […]
Goodyear tyres on slicks
The chart for Goodyear Tyres is another where the volatility indicator has been in evidence and is a stock I considered back in May when […]
Reasons to be cheerful for gold bugs!
Over recent years there have been seminals phases of price action on the gold chart, which then dictate the longer term outlook for the precious […]
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 […]
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 […]
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 […]
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 […]