in commentary

Gold on a big level / Stop Order strategy

I think i did a reasonable job of explaining it on CNBC this morning (you tell me!!) so instead of babbling on too much here I’ll post the link:
http://www.cnbc.com/id/15840232?video=820121614
To summarise I said that 850 is a MASSIVE support level, and that the weakness to here is a buying opportunity, although if 850 breaks you don’t want to …

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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 …

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in technical analysis

Marabuzo!! A great bit of Candlestick work.

One of the things we at FuturesTechs towers take very seriously is Marabuzo lines.
What are they? A large bodied candlestick on a Daily chart is the result of a big one way push over the course of a day. In the example of large red real bodies the market often wakes up the next day sure in the …

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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 …

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in company News

Where did FuturesTechs come from?

We have had our new website available for around 1 month now and we are starting to gain momentum for our new “per end user” offering. Private Investors, CFD and Spread Bet traders are starting to sign up and see the value of our service.
In recent days we’ve seen some interesting moves in the markets:
Gold Futures have turned …

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in company News

Short Sterling the pick of the movers!

There’s plenty going on around the traps this week. Let’s just go through a few highlights:
Oil is the one getting the headlines, with ICE Brent Crude getting up to $135 before selling off hard today. The NYMEX WTI* has done a similar thing; selling off $5 from a high just above $135 over the course of today.
As of …

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