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…
trading psychology
S&P 500 trade finally breaks out to a new all-time high
My S&P 500 trade (ETF Proxy – AMEX:SPY) finally broke out to a new all-time high and in doing so triggered my stop loss orders. This breakout has occurred due to political events and is…
S&P 500 challenging upper reaches
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,…
Clustering and why trading can be difficult
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…
The concept of Expectancy
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…
What’s next for the £?
With interest rates back on the agenda with the FED and the BoE maybe we are finally now in the markets moving away from the non-existent growth figures and are looking for the inflationary and…
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…
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…
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…
