A bumpy road ahead for Ford
It’s been a long and bumpy road back for Ford, but at least last week’s price action and associated volume appear to have laid the […]
April 2019
Bidding continues on EBAY
EBAY is another stock which has been trading around the volume point of control for some time and is one where patience is required before […]
Cern remains a buy
Always dangerous to blindly follow the herd, but the consensus among the analysts is that CERN remains a strong buy, and on this occassion I […]
Amazon delivers
Amazon shares delivered another solid week of gains closing with a wide spread up candle and excellent volume confirming bullish sentiment remains intact for the […]
Good strong price action for MCD
MCD is a stock I follow closely as it is one I consider to be a bellweather of many things, and not least the Big […]
New highs now in sight for nervous markets
We would all be well advised to remember the sage words of Jesse Livermore who once wisely advised a price is never too high to […]
The pattern for gold
Whilst the precious metal continues to deliver intraday trading opportunities, for gold investors and gold bugs, the price action of the last few months has […]
Where next for oil prices?
The question everyone is asking is where is the oil price heading next in the medium term, and for a possible answer we need to […]
A game of two halves on news, and scalping the YM emini on very fast charts
Another busy day for US traders with several key items of economic news, starting with retail sales and followed by the monthly PMI data. Whilst […]
Some great volume price analysis lessons on the NZD, and where next for the euro?
As we started the US forex session the question was whether the bearish sentiment for the euro driven by weak fundamental news in the London […]
London forex session and currencies that caught the eye
Several currencies caught the eye in this morning’s London forex trading session, and in particular the Aussie dollar, the Canadian dollar and finally the euro. […]
Scalping indices in rangebound markets – not for everyone!
In tight markets it’s can sometimes pay to move to the faster timeframes to dig out the trading opportunities, and this was certainly the case […]
US dollar drives the major currency pairs
An excellent US forex trading session, which was in sharp contrast to earlier in the day, with the US dollar providing some excellent trading opportunities […]
Hunting out the trades
Today’s London forex session was one where hunting out the trades was the order of the day, with the British pound continuing to remain very […]
The key levels on the weekly gold chart
The weekly chart for gold makes interesting reading and reinforces what we are seeing in terms of longer-term moves for the precious metal, and once […]
Oil continues it’s bullish momentum following breach of resistance
In my post of the 28th March, I suggested that we were seeing a strong platform of price support develop in the $57.80 per barrel […]
An unusual event on the US indices, and a great reversal trade
The US index day trading session delivered some wonderful trades, and also an interesting lesson in the correlation between markets. In this case, it was […]
It’s all about timing – even more important in flat markets!
Trading success is based on many factors, but one, in particular, is timing. Timing when to get in and when to get out, and in […]