We have been trying to get long of Cable for the last few days. On Friday our money management rules saw us scratch our first “go”, so no harm done there. Yesterday’s move down to 1.5143 stopped us out on our second … Continue reading
We write Analysis on a daily basis for over 30 different markets each day. Sometimes a chart comes along that smacks us in the face and says “Buy” or “Sell”. This doesn’t mean there’s a trade to do, as the … Continue reading
Trade Idea: Buy USDCHF @ 0.9400 Stop: 0.9370 Target 1: 0.9495 Target 2: 0.9595 Background: Yesterday we suggested that 0.9400 would be a good place to get long USDCHF, a trade that served us well last week. This trade didn’t … Continue reading
Yesterday’s FTSE Futures price action resulted in a powerful “Gravestone Doji” reversal pattern being posted on the Daily Chart. If you’ve read “Candlestick Charts” by yours truly you’ll know this is a pattern with a Bearish implications matching it’s rather morbid sounding … Continue reading
Last Friday we noticed this on the EURJPY Chart: This Cross had sold off back to trend support, and was sitting right on this line. We got long, sending out to our clients the following: BUY – 123.25 Stop – … Continue reading
An insight into how we look at the markets here at FuturesTechs Mews… . . . Trade Set Up: Pivotal Intraday level and bottom of previous days Value Area holds as resistance twice in early trade setting Initial Balance. … Continue reading
Our early morning Signals reports service is now up and running. This morning’s highest conviction call was a sell in GBPUSD at 1.6060, a trade which is yet to be triggered as early price action was a sell off to … Continue reading
The RBA cut rates 25 bps overnight and the Aussie has weakened against the US Dollar. What next for this currency pair? What do the charts say? Market Profile and Candlesticks are the two main “building blocks” of our analysis … Continue reading
Our clients will be well aware that we have been getting increasingly bearish of Silver in recent days. Let’s have a look at what has prompted this shift in sentiment. “Bigger picture” charts have a major Fibonacci resistance at 35.16. This … Continue reading
I thought I’d give you my take on yesterdays action. Below is a continuation chart of Brent, it just rolls across to the next monthly contract when volume rolls across. It shows the recent action since the beginning of August … Continue reading