LSE will be the place to be
The Footsie is back at 7000 and this is a level that’s been in the way of a trending move since the 1st April last year. Since this time, the index as we all well…
The Footsie is back at 7000 and this is a level that’s been in the way of a trending move since the 1st April last year. Since this time, the index as we all well…
The most important part of any trading plan is “How Many Shares do I buy”? It’s frequently the most overlooked. In the last post I talked about clusters and it’s not what retail traders want…
My S&P 500 trade (ETF Proxy – AMEX:SPY) is challenging the upper reaches of the red zone as I wait for resistance to manifest itself. If the highs of this area (Near $192.50) are broken,…
If you have read my last article then the concept of system expectancy should have you in good spirits. Assume you can call the markets more than 50% of the time. Then, if your reward…
Over the years I have horrified quantitatively orientated seminar audiences by using a coin to predict market direction. I always ask, “would any of you trade with a coin”. They all to a person laugh…
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…
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…
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…
…or is the uptrend losing momentum? The FTSE 100 has been on the rise for a couple of weeks now and even though the first leg of this uptrend was expected the continuation above the…
Sometimes a trader needs to know when not to trade. Knowing when to stay out of the markets is just as important as knowing when to be in. The past few weeks have been quite…