By in technical analysis

Fibonacci? What’s all that about?

I, like many technical analysts, place quite a heavy reliance on Fibonacci levels, especially for “bigger picture” calls and direction.
So what’s it all about? FuturesTechs members have a couple of articles I wrote a few years back that they can access in our Members’ area that explain things (I hope) quite well.
Take a look at the number sequence

Read more

By in commentary

Is it all change?

We are watching these markets very carefully right now as there is a confluence of events that suggest things may be changing. We don;t often start talking the funny-mentals, and we don’t often worry about relationships between markets, however close they may be. But I’m going to make an exception in this instance.
Price action in Oil is probably tantamount

Read more

By in commentary

A few tips for new traders

We have had our web offering up and running for a few months now and we’ve been speaking with plenty of private traders of all different levels of experience. We have heard a few stories of people losing lots of money, and still not really feeling that they’re swimming above water.
Many of these people got signed up to training

Read more

By in commentary

More super heroes needed! George?

The heroics from Ben and Hank that I spoke about in yesterday morning’s Blog were squarely ignored by the markets. Despite the rescue of Fannie and Freddie we sold off harder than any day we’ve seen of late, just from a higher base.
We’re going to start the US session from a low base today, so will we recover? I

Read more

By in commentary

Fed to the rescue… again!!

Someone should buy Ben Bernanke and Hank Paulson a pair of super-hero suits, because they’ve come to the rescue again!
Back in March (the last time were down at these levels) they stepped in to rescue the markets when they were on key Fibonacci support levels… Today I’m going to post the mail I sent out to all of

Read more

By in commentary

First time for everything

Things have been a bit frantic since the last Blog post, both for myself and the markets! As well as speaking at the IX Investor Show and the Trading Symposium I have also finished the first draft of my up-coming book; “Candlestick Charts. An introduction to using candlestick charts”. I just hope there isn’t someone round at Harriman House right

Read more

By in company News

Spread Betting – What to trade?

We spent Friday at the IX Investor show where there were many people that were looking into the idea of trading the markets using Spread Betting.
A question that often comes up is what to actually trade, when it comes to Indices like the FTSE and the Dow, because on most Spread betting platforms there are several choices of product.

Read more

By in company News

Interesting times in Oil… On yer bike!!

$16.80 in 2 days. That’s how much July Brent Crude went up on Thursday and Friday of last week. That’s just under 15%.
A rise of just under 15% in 2 days? Excuse me? Are you serious?
Has anyone dusted off their pushbike over the weekend? If you didn’t you may be by next weekend! Make room for the car

Read more