The renko delivers even in extreme markets!
As day traders we are all familiar with the renko chart as a powerful non time based approach to trading, and one which is the […]
Indices
Every picture tells a story
Every picture tells a story and the same truism could be applied to any of the daily charts for US markets as we come to […]
Classic volume price analysis lessons on the ES Emini daily chart
The daily chart for the ES Emini offers classic lessons in volume price analysis 101, a lesson which is also being played out on the […]
The only question……….which trades to take!!
An extraordinary day as the markets moved sharply lower, driven by fears of the virus now spreading globally, and with the ‘p’ word now front […]
US indices set for further gains
With a quiet day ahead for the Presidents Day holiday, US indices are likely to remain thinly traded, which has been the case on Globex […]
A nice volume price analysis lesson from ABBV
An interesting VPA lesson on the daily chart for ABBV and a stock I was trading with options, but have since closed the position. The […]
They all laughed:-)
Remember the words from the song, ‘Everybody laughed at Christopher Columbus when he said the world was round’, the same sentiment could apply to my […]
US equities remain bullish despite virus fears
Concerns over the Chinese coronavirus caused some nervous price action yesterday across the three sisters of the YM, ES, and NQ, following the buying of […]
Dow approaching cruising altitude!
There’s no stopping US markets which continue to rampage their way higher, fuelled by the settlement of Phase One of the trade deal with China. […]
Volume adds depth and color to the monochromatic picture
As always, volume reveals the truth behind the price action, and whilst price action alone reveals much, on its own, it is a one dimensional […]
A lesson for us all
As we come to the end of another trading year, it’s always interesting to look back and consider the charts on a slower timeframe, and […]
Trump speaks and the market delivers!
If there is one person who can be guaranteed to deliver much needed volatility into the markets it’s Donald Trump! And in the US trading […]
Back where we started!
For US equity markets last week was a case of being back where we started, with the plunge of Monday and Tuesday on a nervous […]
Using tick to reveal momentum and activity in the market
After three consecutive days of wonderful momentum across all the markets, it was no surprise to find price action muted as they pause for breath […]
The joy of Donald Trump!
What a joy it is for traders having Donald Trump as US president as he delivers a never ending source of volatility to the markets. […]
Volume signals the reversal in the USD/JPY
The USD/JPY is another currency pair which has been trading in a tight range for an extended period and here we have moved to the […]
Focus on the down candles in an uptrend!
When markets are in a strong uptrend, we always consider every candle and its relationship to volume, but it is often the down candles which […]
Powell testifies and the markets listen!
Trading is hard at the best of times, and made doubly so when someone as influential as Fed Chairman Powell is speaking which was the […]