The Fed, and the Quantum Trading indicators for short and longer term trading
In this session, we stressed the importance of distinguishing between the signal and the noise from the FED ahead of the FOMC minutes later. Once […]
forex trading
Trading success? It’s all about anticipating what’s next using volume price analysis!
And once again it’s the power of volume price analysis which reveals everything. Some great volume price analysis lessons once more as we move into […]
Will today’s nfp spook stock investors
Today’s non farm payroll release is significant for a number of reasons, particularly if the numbers come in better than expected and validate the FED’s […]
Euro, yen and pound in focus as London fx market opens
In this morning’s London forex session David and I started with a look at the EUR/CAD, a pair I highlighted a few days ago on […]
Aud/jpy reflects market jitters
The aud/jpy is often used as a proxy for market sentiment and risk. In other words when the pair rises markets are seen as benign […]
Will today’s FOMC be tipping point for stocks?
No speculation as to whether FED will raise interest rates again later today (they are), but much surrounding the tone of the accompanying statement and […]
Excellent trades in the majors during the London forex session
Another excellent forex trading session for the European and London open with the pound and the euro in focus as the Far East and Asia […]
Barnier bounces cable higher
Warm words from Michele Barnier, the EU’s chief Brexit negotiator once again pushed the British pound higher with cable touching an intraday high of 1.3059 […]
A great trading lesson on the GBP/JPY
The daily chart for the GBP/JPY is perhaps one of the most interesting at present as it highlights several trading related issues which apply to […]
Strong support for euro ahead of ECB
Ahead of Thursday’s ECB market the currency pair in focus will, of course, be the eurodollar which has been feeling the effect of recent positive […]
Ahead of the FED DXY still looking for direction
Ahead of today’s CPI release for the US and FED minutes I just wanted to take a quick look at the DXY and suggest some […]
Cable pulls back on BOE minutes
Just a quick catch up with what has been happening with Cable following the FOMC and the BOE earlier today, and all we can say […]
Indecision doji candles on both ES & NQ
As you would expect the ES e-mini too has followed a similar path today in terms of both price action and volume with the daily […]
First significant pause in YM
Today’s price action in the YM (e-emini future for the Dow Jones) looks to be closing with a shooting star candle on very high volume, […]
USD slide pauses
Recent sharp falls in the USD appear to have paused with the currency of first reserve now finding some support at the 90 price region […]
USD suffers from US tax reform jitters
At the start of the last trading week for 2017 last Friday’s positive sentiment for the USD appears to have evaporated, as our USD index […]
Two bar reversal delivers on Aussie cross pairs
One of my favourite candle patterns when trading forex is a pattern that occurs and recurs on all time frames, and it is the two […]
Brexit talks halt rise in 6B
As spot forex traders we often neglect to consider the futures market for a view on market sentiment, which is a great shame because often […]