May 2014

Look for Euro selling opportunities

Following last week’s comments regarding the Euro, it’s worth looking in on due to the continued sell-off since posting that key reversal day. It’s closing in on the 200dma that we discussed last week so…


Are stops only for buses?

It’s a tough market, and the most difficult I have encountered for many years for directional traders. The options players are rubbing their hands as a period of sideways churn properly played is a license…



Breaking News: A Home Cure for STDs?

Start with a few deep breaths…   I should have known from the look on her face, as I opened the door with my usual cheery greeting, that all was ‘not well’. There seemed to…


DAX 10,000 or bust?

The dip buying I advised in the FTSE worked out well so far. This is where the markets get very unpredictable. I guess with Draghi’s comment regarding a rate move has only fuelled the fire…


S&P forms into Evening Star Pattern

The head and shoulders pattern set up for me as an “Evening Star Pattern” formed in the S&P 500. (ETF Proxy – AMEX:SPY)     Now that the turn is complete, we should begin a…


Head and Shoulders holds in S&P

The head and shoulders pattern in the main market index for the US stock market…The S&P 500. (ETF Proxy – AMEX:SPY) continues to unfold.       Price is just hacking and gasping sideways, and…


Spilling the beans!

They’re spilling the beans in Guaruja, Brazil…. My caffeinous indulgences have to be tamed. My enthusiastic expectations have had a setback since the rains came and the smart ‘knowing’ money took profits in the last…


Is FTSE uptrend losing momentum?

This week has been a smooth one for the FTSE 100 that has shown some amazing resilience recently. With the bank holiday last Monday the UK index had one less session to try and reach…


Discipline in Trading

The big achievers in life seem to be the most disciplined of people. This is an illusion, and many ordinary people have made a great success out of trading and business with ordinary levels of…


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