The lack of economic news has translated into little movement with most currency pairs on my radar. There were a couple of great TC 15 min signals during the Asian session though; one on Silver for 4R and another on the ASX-200 for 6R but, apart from that, most technical patterns on other currency pairs […]
I’ve applied my TC trading template to some stock charts on MT4 and have found this to be a useful trading tool for this instrument as well. The advantage being with stocks, of course, is that the moves are usually generated over a longer time frame. The percentage returns need to be considered from the […]
Gold has moved above a 6-year bear trend line and looks to be making a bullish breakout. However, traders need to watch to see if there is a weekly close and hold above this trend line to support a breakout thesis. In this post I review the charts of Gold, some ETFs and Gold stocks.
I’ve been looking for some candidates to replace Micron technology which has been a steady member of my portfolio for both holding and Option trading. Gone are the bargain $6 days as this tech stock is now trading over $30. I’m particularly keen on NASDAQ stocks as, IMHO, they have more room to move given their […]
The major stock indices are consolidating on their 4hr charts, much like most FX pairs, and one can only hope that a breakout will trigger soon! I heard one market commentator today say that the only thing he thinks will de-rail stocks is if the Trump tax overhaul fails and the US tax cuts do […]