It’s rare for me to have the time or inclination to trade below the 4 hour chart these days however I was lucky to be in the right time and the right place to be able to see this set-up on the FTSE 100 on Tuesday.  Why was I even looking? Well after the major […]

Here’s a quick weekly chart of the USDCAD which was brought to my attention by a fine trading buddy of mine Martin Walker.  With the CAD Interest rate decision later on today it’s a good time to look at what price is doing. Price has moved nicely north these last few weeks and is now […]

Just thought I’d place up this quick weekly chart on the Nikkei after last weeks price action. Last week saw some volatile moves across all markets and a lot of the rationale for the move in the yen and the Nikkei were attributed to the volatility of the JGBs. However I never get too caught […]

So yesterdays market action was all about the Flash-Crash event that happened after (allegedly) the Syrian Electronic Army hacked into the Associated Press Twitter feed and posted a tweet regarding an attack on the White House and Barack Obama. The S&P fell 1% on the news (allegedly wiping out $136 billion in gains) before regaining its previous level. […]

Well, what a difference a few days makes!  I wrote a post on Thursday about price coming down to the 1530 – 1570 Support level. As you can see from the chart price crashed through that the next day and closed the week off at $1489! I’d love to say I timed my post to […]

Back at the start of December 2012 I wrote about a comment in the FT detailing the largest purchases of Gold by Central Banks in nearly 40 years and how this could be a contrarian sell signal for Gold  I thought I’d do a quick follow-up with a chart to see how gold has fared since […]

This last week or so has seen us remember* the 10th Anniversary of the Second Iraq War.  (* I’m not really sure that the word ‘celebrate’ would be the right word to use in this context.) It’s been interesting to read the views of people ten years on. I would ask you the reader to please […]

Just a quick chart to show the size and scale of the gap down in EURUSD last night based on the weekend news regarding the Cyprus bail-in/bail-out. There has been less than half-a-dozen plus 100 pip gaps on the EURUSD in the last 4-5- years so this gap is significant and for anyone who was long into […]

I realise I’ve been a bit re-miss with not posting enough charts recently – its been a busy start to 2013 and I’ll look to get back into the swing of blogging about my trading. So GBPUSD -Lets have a look at the weekly chart. Throughout 2012 GBPUSD could just not get above (and stay above) the […]

I’ve often mentioned that the only paper I’ll bother buying or reading is the FT Weekend. Reading this weekend piece I came across a small comment in the Commodities column of the Markets & Investing Section: “As a group, central banks are set to buy almost 500 tonnes of gold this year, the most in […]