It’s all about the indicators and volume in thin markets!
With US markets closed for the 4th of July celebrations, consolidation and thin price action was the order of the day at the start of […]
Forex Market Analysis
Spotlight on the currency indices
And as we come to the end of another trading week and the end of a quarter, it is always interesting to take a look […]
A slam dunk on the GBP/AUD – they don’t come any better than this!
A terrific forex trading session at the London open, and following the overnight news from the RBNZ it was the commodity currencies of the AUD […]
Hunting out the best trades in the US forex session
As the US session opens as is often the case, what occurs in one is then reversed in another and so it’s a question of […]
Terrific trends, more VPA lessons and importance of congestion regions as London forex session opens
This morning’s forex session was dominated by the follow through from the FED meeting yesterday, and whilst US rates were held, the tone was more […]
Aussie and British pound in focus as London forex markets open
In this morning’s London forex session initial focus was on the Aussie dollar following the data release overnight for employment, and which wrong footed many […]
McDonald’s remains a buy
McDonald’s (MCD) is a stock I’ve written about several times already this year, first when it was trading around the $188 per share and more […]
Yen buying dominates as the London forex session opens
A shortened session due to technical issues, but nevertheless plenty of price action to consider as we move from Europe into the London open which […]
Politics is now the 4th dimension
If you’ve read A Three Dimensional Approach to Forex Trading you will know the three elements are technical, fundamental and relational. To this we can […]
Ahead of the GDP release for the US and more on the currency heatmap
In the US forex session, it was all about waiting for the big release of the day, the advance GDP data followed later by new […]
Using the currency heatmap to pick the best currency pair, and inside days explained
In the London forex session it was the currency heatmap which took centre stage as we considered two currency pairs which are now at the […]
Markets await the FOMC as politics dominate
Following the strong trends of earlier in the day, it was no surprise to see forex markets consolidate and move sideways as the London forex […]
A full house for the pound
Only one currency in focus in the London forex session and that was the British pound as politics continues to dominate. It was all heavy […]
US forex session – the trend continues
The US forex session continued where we left off in the London session with the focus on the British pound which continued to deliver an […]
Reversal or trend trader in forex? – it’s your choice
A masterclass in volume price analysis on the daily chart for the GBP/JPY as we get underway in the London forex session. And as if […]
Another energy stock bucking the trend
And here is another energy stock bucking the current bearish trend in the indices, namely Northwest Natural Gas Company with the ticker NWN. From a […]
A good start for AIG but congestion now ahead
After a poor 2018 which saw the price of AIG stock fall by almost 34% during the year, 2019 is proving to be brighter, as […]
Organic products & strong technicals support bullish picture for Proctor and Gamble
Proctor and Gamble is another stock which continues to buck the short term trend currently being set by the indices as worries over the Sino […]