EUR/AUD delivers another great trade
For those of you who came along to the forex trading room yesterday, the trade of the session was the EUR/AUD which reversed off the […]
Market Analysis
Silver ties investors in knots
Where gold goes, silver is never far behind, and with the halcyon days of $50 per ounce for silver and almost $2000 per ounce for […]
Grab the darts and dartboard – its time for the weekly oil invetories
There are some occasions when one has to ask who produces the forecasts which are part and parcel of the fundamental news releases which are […]
The trap door is opening for gold
With the gold bears firmly back in charge of the precious metal, there are some tough times ahead for gold investors over the next few […]
VIX alarm bells are quiet….. for now!!
With US equity markets closed for the annual President’s day holiday, it is perhaps appropriate to consider the daily chart for the VIX, the fear […]
Aussie dollar battered and bruised – but still fighting!
For the AUD/USD, along with many of the other currency majors, February has been characterized as a pause period on the longer term charts, as […]
All good things come to an end …. for the USD index
As forex traders it is often too easy to forget that even the strongest trends come to an end, or pause in their longer term […]
NQ leading markets higher
Of the three e-emini contracts we follow, the YM, ES and NQ, it is the daily chart of the NQ which is the most significant […]
Commodity currencies diverge against Sterling and euro
For several of the currency majors, last week was one of divergence, with the commodity dollar currencies of the Aussie dollar, the Canadian dollar and […]
For gold it was a good day yesterday!
They say a week in politics is a long time – well in the financial markets one could apply the same principle to the events […]
Binary Options Unmasked – now available on Amazon
It’s been a long time coming, but I am delighted to announce that my book on binary options, entitled Binary Options Unmasked, is now available […]
Spotlight on the Aussie dollar
With last week’s FOMC meeting and Friday’s Non Farm Payroll release firmly consigned to history, it seems that the temporary blip in the US dollar […]
A Complete Guide To Volume Price Analysis – now in Japanese
I am thrilled, delighted and touched that my book, A Complete Guide To Volume Price Analysis is now available in Japanese. The book has been […]
It was no surprise to me – still NO selling climax!
I wrote a post last week entitled the Alice in Wonderland World of the markets in which I confidently stated that the present market correction, […]
The Alice in Wonderland world of the markets
If you have ever read any of the enchanting and enduring books by Lewis Carroll, you might be excused for thinking that you had indeed […]
No sign just yet of a major correction
With both summer and earning season now in full swing, it may be a good time to review the current state of the benchmark US […]
Amazon stock price breaks out on excellent volume
Yesterday’s strong gains for equity markets around the world, and the US markets in particular, helped to add further bullish momentum to Amazon. Following Friday’s […]
Catch up with my Fxstreet forecasts
Hope over to FXstreet to find my latest thoughts and forecasts for many of the major and cross currency pairs. Here you can find my […]