Daily copper chart and the power of benchmarking in volume price analysis
In yesterday’s post on Tesla, I spent some time explaining the importance of benchmarking when using the volume price analysis methodology, and the daily chart […]
Commodity Market Analysis
The daily chart for copper delivers a nice example of Wyckoff’s third law in action
Like oil, copper is another commodity that continues to remain waterlogged in a relatively tight range, building support and resistance levels around the VPOC at […]
Oil emerging from the summer doldrums
As we emerge from the summer doldrums and markets return to full speed ahead in the final quarter of 2021, it’s time to check in […]
Copper continues to look weak despite the recent bounce
The daily chart for copper is another which has some key volume price analysis lessons and examples, and as I suggested in a post several […]
Volume price analysis reveals the truth behind the price action for gold
Regular readers of my books and posts will know that volume price analysis has been the foundation of all my trading and investing over the […]
The daily pattern for the price of oil is repeating
The daily chart for the WTI September contract makes interesting reading at the moment as we head into the summer doldrums and for the time […]
Where next for the price of gold?
Regular readers will know in my last post on gold I suggested that it was looking fragile and if it should break to the downside […]
Normal service resumed for oil, but expect congestion at $72.50 per barrel
The excitement following the recent OPEC meeting is now a dim and distant memory and as the waters calm following the market’s knee-jerk reaction, it’s […]
A check on the monthly chart for gold to offer some insight into the future
Attempting to forecast the future direction for gold is proving tricky at present from a daily perspective so in order to offer a longer-term perspective […]
Volume reveals the truth behind the price action for WTI oil futures
The sharp sell-off for crude oil following OPEC’s announcement regarding supply management gave us another classic example of volume price analysis in action on the […]
Doctor copper looking rather sick
The extended bullish run for copper has most certainly come to an end for the time being, and if the Doctor copper moniker is to […]
Reasons to be cheerful for oil bulls
With the OPEC meeting front and centre stage, it’s time to consider the daily chart for the WTI futures contract once again as we come […]
It’s all here from this morning’s trading session with forex, stocks, cryptocurrencies and futures using volume price analysis
A great trading session this morning which overran by some distance so I have broken it up into four videos which are listed as 1 […]
Another solid week of gains for crude oil – so where next?
As expected it was another positive week for crude oil for the WTI August contract which closed at $74.05 per barrel, with bullish sentiment continuing […]
Is Marathon oil (MRO) set to make a marathon comeback?
Marathon Oil is certainly one stock to have on the radar right now and for several reasons, based on the daily chart, but also across […]
Where next for silver as a proxy for gold
When considering the likely future direction for gold it’s often helpful to drop in on silver and see where its less illustrious but industrially important […]
The question now – where next for gold?
With many traders and investors wondering why gold cratered following the FED last week, it’s time to step back from the daily timeframe and take […]
Another positive week for crude oil as expected with more to come
In last week’s post on oil, I suggested that WTI was heading towards $85 per barrel which drew some interesting comments considering it was trading […]