Gold get’s a helping hand from a friend
There’s a very popular song which has the line ‘I get by with a little help from my friends’, and for gold this is most […]
January 2019
A classic accumulation phase of price action for GE
The weekly chart for GE is one which delivers a classic lesson in the accumulation phase of price action, and as regular readers will know, […]
Reversals clearly signalled on the currency strength indicator & multiple timeframes
As we prepare for yet another Brexit dominated day, the British pound was one of several currencies in focus in the the London forex trading […]
Gold finally takes a peek over $1300
Gold has finally managed to take a peek over the key $1300 per ounce price point helped along by a weakening USD. However, the monthly […]
Eur/gbp waits on Brexit
A quick look at the monthly charts for British pound ahead of tomorrow’s Brexit vote, and in particular the eur/gbp which unlike other sterling pairs has […]
Indices in consolidation ahead of FOMC
The end of the US government shut down doesn’t appear to have had a positive effect at the start of the new trading week. In […]
The volume point of control takes centre stage for the US indices day trading!
In the US session for day trading the index futures, once again it was patience that was required in abundance as we waited for the […]
Is reversal trading in forex for you – or is trend trading the best option?
In the London forex session, the focus was on reversals and reversal trading, and whether this suits your temperament and personality as a trader. The […]
What now for Brexit & cable?
Novice traders are often confused by the market’s reaction to news events and often bewildered as to why markets can rise on bad news yet […]
London forex session delivers great trading & volume price analysis lessons
A terrific trading session which once again had so many lessons for traders in all timeframes, emphasizing the power of volume price analysis and supported […]
Day trading the ES emini on tick charts delivers some solid profits
An interesting session for US indices where despite the relatively narrow price action, the tick charts delivered some solid trading profits for intraday scalping traders. […]
Aussie & Canadian dollar trades on the NinjaTrader platform ahead of Powell
In this week’s US forex session I take a look at some of the current positions I have in the market based on the Aussie […]
Cad/jpy reflects more positive market sentiment
As David & I mentioned in yesterday’s webinar regular fundamental news seems to take a back seat these days to the Trump twitter feeds, his […]
$1300 level key for gold
Despite an impressive run higher, the $1300 per ounce level remains the sticking point for gold. The failure to take out this key level has […]
Powell gives risk sentiment a boost
Some much-needed calm as the new trading week gets underway along with a degree of optimism as reflected in a lower VIX and Yen pairs […]
Potential reversals now ahead after the storm of last week!
In this morning’s forex session we looked at some of the interesting set ups now on the horizon using the longer term perspective of the […]
2019 starts with a bang! Volume price anlaysis reveals the truth behind the price action
If there was one word to define the end of 2018 and the start of 2019, that would be……volatility. Over the holiday period and at […]