Anatomy of a trade – trade what you see, not what you think!
Yesterday the YM E-mini index future delivered a masterclass in trading what you see, and not what you think. Trading with an opinion is one […]
Market Analysis
Currency futures round up
As it’s Monday here is a quick roundup of my favourite currency futures, on the September futures daily chart. Starting with the AUD/USD which was […]
Fundamental news dictates the tone today!
Its been a busy few hours on the fundamental news calendar with the overnight retail sales figures in Australia helping to reverse the bullish momentum […]
Gold looks like a trap up move!
As another trading month comes to an end, gold traders will be watching wondering and waiting as the precious metal is once again poised delicately […]
Currency futures finding it tough – except for the Canadian dollar!
The Aussie dollar has continues to find it hard going over the last few weeks, as the pair find the 0.9400 price region a tough […]
Currency futures point the way forward for EUR, CAD, AUD and GBP
As markets pause ahead of this evening’s FOMC meeting, time to take a look at the technical picture for four of the currency majors, namely […]
Risk and sentiment on the Yen index
Most forex traders will be familiar with the Dollar index, but few may know there is an equivalent Yen index which is of equal importance […]
Interest rate differentials now rising to the top!
In 2007 the world changed, and for traders changed beyond recognition. Prior to these cataclysmic events most financial markets operated on one where price discovery […]
Commodities reflect the global tensions
In any escalation of political tension oil and gold are the two key commodities to watch. For oil the breakout and surge higher was largely […]
Equity markets pause along with the VIX
Whilst the ongoing conflicts in both the Ukraine and Iraq are beginning to impact world markets, yesterday’s price action was less severe than expected. In […]
Gold recovers, but the rally looks weak
On the daily gold chart we are at an interesting phase of price action. The weakness in the price of gold has been clearly evidenced […]
Where next for the US dollar?
Following continued bullish momentum for many of the major currency pairs, these are now approaching key technical levels, which if breached could prove to be […]
Prepare for a bullish breakout in the GBP/JPY and GBP/USD
Following a sustained period of sideways consolidation over the last two weeks, the GBP/JPY appears to be preparing for a further test of the 173 […]
A seminal day for the NQ E-mini Index
For many investors and traders, the Nasdaq index remains the bellwether of any economic recovery, given the fact that tech stocks are one of the […]
Cable preparing to test 1,6800 once more
The last few days have once again seen Cable test the 1.6800 region, only to fail and reverse once more, with the June futures contract […]
Dr copper now preparing to break higher
Let me start with a quote from my last post on copper where I wrote the following: “……and for any recovery longer term, we will […]
Is Dr copper still the bellwether of global economies?
In considering the daily chart for copper, there are several questions that instantly come to mind. First, is copper any longer the bellwether it once […]
E-mini NQ pausing but bullish momentum remains
Whilst daily charts give us a framework for intraday trading, it is often the weekly chart which gives us a broader perspective, the zoomed out […]