Oil set to trade here for some time
The daily chart for oil is one which is developing precisely as forecast over the last few months, and one which highlights a fundamental plank […]
Commodity Market Analysis
Day trading examples on index futures and commodities
Day trading US futures indices and commodities using volume price analysis.
Wyckoff’s second law applies to the daily chart for oil
The daily chart for oil is a textbook example of Wyckoff’s second law as the commodity continues to trade in congestion and is exactly where […]
A long road back for gold
As I’ve said many times before, the longer-term outlook for gold remains bullish but the road back is proving to be a long and hard […]
Lessons in trading using time and not time based charts on MT4 and NinjaTrader – plus a great trade in gold
In this free-ranging video from the US trading session, we cover a huge number of trading lessons such as how to use multiple timeframes, using […]
Bullish outlook for gold but technical resistance ahead
Last week was a positive one for gold as it recovered from the lows of $1851 per ounce regaining the $1900 per ounce handle on […]
Oil continues to trade around the volume point of control
As I have outlined in several previous posts for oil, the longer-term outlook remains weak from both a technical and fundamental perspective, and for the […]
And volume also confirms the same story for oil!
The reversal in the price of oil yesterday was not wholly unexpected as the commodity reacted to the potential for more US fiscal relief and […]
Silver offers an alternative view for gold and the metals
It’s always interesting to compare related markets to provide a different perspective on our primary investment, and whilst silver does not correlate directly with gold, […]
The longer term outlook for gold investors
Whilst the longer-term outlook for gold investors remains bullish, the short to medium term is taking on a bearish tone, and the weekly chart is […]
Volume price analysis tells you what’s going to happen next! Nice example on WTI oil futures
Volume price analysis answers the one question all traders want to know which is simply this…’Where is the market going next?’ And in this session […]
Two reasons oil is set to trade in a range
As we start a new trading week, there are two clear reasons we can expect to see oil consolidate in the current region and continue […]
Price of oil now likely to congest in this area
Last week was one of solid gains for the price of oil, which saw the WTI contract rally following the sharp falls of the last […]
Why the US indices move in different directions and more volume lessons
In the second part of the US day trading session I start by explaining why the US indices move in different directions on a daily […]
Patience required as silver consolidates in the spread of the volatility candle
Silver is another market where the volatility indicator is playing a key role in the price action on the daily chart and displaying the classic […]
Outlook for oil remains bearish
At the start of the week, I suggested the daily chart for the WTI oil future was looking weak and likely to test support around […]
Oil remains under pressure and likely to continue to remain so
Over the last few months, I’ve written extensively about oil and how, from a technical perspective, it has been building into an extended congestion phase, […]
Price and volume in agreement on the daily oil chart
The daily chart for oil makes for interesting reading following the extended congestion phase which has seen the commodity struggle to break away and move […]