Forex trading lessons even in a quiet market!
With the US on holiday for Thanksgiving the markets were quiet as expected for the London open, but nevertheless always trading lessons to be learned. […]
November 2019
Focus on the down candles in an uptrend!
When markets are in a strong uptrend, we always consider every candle and its relationship to volume, but it is often the down candles which […]
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 […]
Rally for gold runs out of steam
Last week was another topsy turvy ride for gold investors who were hoping for a further recovery in the precious metal and build on the […]
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 […]
McDonald’s to bounce back
And the weekly chart for McDonald’s is another interesting one, but for different reasons. This is a stock I monitor closely and one I have […]
More to come from Microsoft
The daily chart for Microsoft is one with many interesting aspects, all of which are helping to confirm the bullish sentiment for this stock, which […]
Powell testifies and the markets listen!
Trading is hard at the best of times, and made doubly so when someone as influential as Fed Chairman Powell is speaking which was the […]
Pound, Aussie and the Euro all in focus in the London Forex session
Three currencies in focus in the London forex trading session, and as European markets opened it was the overnight news from China and Australia which […]
Not a good week for gold bugs
Last week was not one to be remembered by gold bugs as the precious metal fell heavily and the technical resistance I highlighted last time […]
A return to happier times for GE?
GE is always an interesting stock to follow, particularly for those investors looking for longer term buying opportunities in those blue chip stocks which have […]
Trading gold futures, index futures and more on the volume point of control
Another great futures trading session, but starting with a roundup of the forex price action from earlier in the day, with the GBP/AUD once again […]
A masterclass in using the volume point of control indicator
A wide ranging forex trading session in which the open received an injection of momentum from US equities, as news from the ongoing China US […]
Gold and the US dollar
The daily gold chart is another I have commented on extensively over the last few years, and one aspect in particular which has been interesting […]
Where next for currencies this week?
The start of the trading week is a good time to check on the daily charts of our four currency indices, namely the Japanese yen, […]
No – not a selling climax yet.
Many of you will have come across the wonderful poem by Stevie Smith, ‘not waving but drowning’, and for US equity markets this has been […]