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
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
Things might be happening in the Euribor. Below I’ve posted the last couple of days’ analysis for the June ’13 contract to paint the picture: Yesterday: June ’13 is testing the top of a channel that’s been on our chart … Continue reading
Recent Candlesticks suggest Gold may be on the turn, at least temporarily, and momentum studies back up the idea. Let’s dig a bit further. Figure 1: Gold Daily Candlestick Chart – September – November 2010 Figure 1 is a Daily … Continue reading
Last week’s big highlight was meant to be the US Employment Report. As it turned out all the action was before this, and the numbers were a bit of a damp squib (like the topical analogy there?). Equity markets have … Continue reading
“Candlestick Charts – An introduction to candlestick charts”, Clive Lambert’s first (maybe not last!) book has recently been released, and you can get your copy now. Early feedback has been positive. Thank you to those who have already got their … Continue reading
We were asked by a trader today (like we often get asked with respect to Banking Stocks) where a good place to buy Barclays would be? For those looking at this after the event let me briefly set the scene: … Continue reading
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 … Continue reading