How To Trade When Interest Rates Rise

All a man needs to know to make money is to appraise conditions –  Jesse Livermore While reductive, Jesse Livermore’s quote speaks about one of the most influential things that impacts a trader’s bottom line: general conditions or, stated...

GOLD – Dip buying continues to dominate sentiment

Longer-term signals have been bullish of Gold so far this year. The sell-off since the all-time high in 2011 at 1921.5 has attracted buyers back to the market in 2015 and 2016 from close to 1087.5. a key 50% pullback to the entire 2001-2011 ten year bull-run. Updates...

Why Traders Fail 2.0

“Psychology is, quite possibly, the most important thing” – Tom Basso I have recently been asked a good question in relation to our recent workshop webinar with guest trader Matt Bacon-Hall: “how can all professional traders you have interviewed have different...

GBPSEK – Testing Marabuzo Line

After posting a higher low in March and then trading through key moving averages in both spot and RSI, our bias for GBPSEK, as shown in the Trend  Table, turned to bullish. Last week’s solid move confirmed that new trend and demand has accelerated this week with the...

USDZAR – Sentiment now Positive

After seeing a solid and steady decline throughout 2016, and the first quarter of this year, more than 31% high to low, USDZAR sentiment has changed. Last month’s aggressive bounce from the lows extended during the first week of April. A 2nd up week in a row was...

The Challenges of a Retail Trader

Trading independently from home is not an easy task by any means. I have received various questions about last week’s market conditions, because it was a challenging week for many. Each strategy works well in some market environments and suffers in others. Our...

EURTRY – Testing Key Averages

The setback from January’s all-time high in EURTRY has reached key levels, and the reaction to those levels is likely to confirm or change the medium term bias. A bullish trend was clear throughout the latter part of 2016 with the strength of the uptrend emphasised by...

Why Volatility is Important for Your Trading

“The market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch. The problem […] is that your fans keep yelling “Swing, you bum!” – Warren Buffett There are many quotes from market...

The Secret to Trading Success

A good question that many traders ask is: what are the trading secrets that helped the various market wizards become successful and remain successful over such a long period of time? In the same way, what are the trading secrets that allow so many fund managers to...

The Concept of Directional Momentum

“If prices resemble an avalanche on a mountain path, retrace your steps and walk a smoother road” – Justin Today I’m going to write a “biased” article. I’m going to write about one of the ingredients that has proven successful...

AUDNZD – Supported by Ichimoku Cloud

A positive cross in AUDNZD RSI, through it’s average rate, was seen at the end of January. This was confirmed by a ‘golden’ cross in the spot rate in early February. This confirmed a bullish bias on our Trend Table. Prices rose almost 3 1/2 big...

GBPCAD – Positive Signal Potential Updated

As mentioned last week, and on our Commentary Page,  the key level for this currency pair is/was the 21 week moving average and last week’s demand has now taken GBPCAD above that point. This confirms the positive cross already made in the RSI indicator with...