Pounding the pound!
It’s been carnage for the British pound once again this morning across its complex. Cable has been suffering the most as continued heavy selling of […]
ninja indicators
Using the currency strength indicator to join a trend
After the volatility of yesterday forex markets are recovering some stability and developing reversal trends. In the London forex session, we start by looking at […]
Focus on the AUD/CHF and using the currency matrix with the currency array
As the London forex session gets into full swing we focus on one currency pair on the MT5 platform which is the AUD/CHF. Here we […]
London forex session, YM emini, sentiment and the yen pairs
Here we move to the NinjaTrader platform and take a closer look at the price action from yesterday on the YM emini futures contract. This […]
Using the renko indicator to gauge market conditions and trade accordingly
As US markets move towards the close of the session Anna takes a look at the VIX and where to find this vital index for […]
Trading futures in a big money day as fear and panic stalks the markets
Over the last few weeks, we have been spoiled, as volatility with momentum has driven markets in big moves intraday, and today was yet another […]
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 […]
Rally for oil fades quickly
This week’s rally for oil was a short-lived affair. Monday’s rally was supported by good volume and followed on from the buying we saw in […]
But not so good for silver!
Whilst gold is on a tear at the moment, I thought it would be interesting to check out the monthly chart for silver, to see […]
Great two way price action at the London open
A great session with excellent two-way price action. Overnight and into the London session it was the Japanese yen that was under pressure and as […]
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 […]
Oil developing in congestion and preparing to move higher
Next a look at oil, and again from my post of last week this is what I suggested on the daily chart: Note the high […]
The euro bears are growling
The shambles that is Europe is currently reflected in the euro which continues to plumb new depths on the weekly chart, as each weak attempt […]
Silver remains weighed down
The selling which was evident for both gold and silver on the 8th January has had a more profound and longer term impact on 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 […]
More to come from MCD
As you all know from my previous posts MCD is one of my watch list stocks, and since the buying by the market makers in […]
Oil takes out a key price level
In my last post for oil I highlighted the well developed area of support at the $58 per barrel region and its significance to the […]
Cause and effect for gold as congestion continues
An interesting technical picture for gold on the daily chart as the precious metal continues to trade in a narrow range, and as always with […]