in Commentary, Company News, Technical Analysis, Trading

Candlesticks & Market Profile – our main building blocks

FuturesTechs has been in existence for over 12 years now. We started life to service traders from the LIFFE Floor who had moved up to offices in and around London and suddenly found they needed a new “edge”, with the noise and “feel” of the Pits suddenly replaced with prices flickering quietly on screens.
Although London moved from Floor to …

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in Commentary, Technical Analysis

Natural Gas Technical Analysis for 15th August

Our Natural Gas commentary from this morning highlighted a developing pattern that suggests yesterday’s gains presented a selling opportunity. Here’s a snippet from our report:
I’ve added a line to today’s chart which is slightly tentative but may be confirmed by price action today if we keep 2.837-2.857 in the resistance column.
The line is a Neckline, classing recent price …

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in Commentary, Technical Analysis

Oil Technical Analysis for 8th August

On July 17th Brent gave a buy signal from a “Head and Shoulders bottom” pattern. On that day we finished our commentary thus: 116.65 here we come!!!
Since then we’ve seen a rally to 108.18 then a pullback that held the broken Neckline, followed by another strong rally. Here are a few snippets from our analysis this week:
Monday:

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in Technical Analysis

Forex Technical Analysis

For today’s Forex “Lunch” Report we looked at the Dollar Index . As well as covering 4 major FX Crosses every morning we also send out a lunchtime update on anything that’s of interest in FX Land!
Below (click on the picture to get a full size version!) is today’s chart for the Dollar Index, showing reasons to think we …

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in Technical Analysis

Silver and FTSE Technical Analysis

This morning’s reports on Silver and the FTSE would have reaped dividends for our clients, for different reasons.
Here’s the text of the FTSE Futures report:
We have posted the “all sessions” chart today because it’s actually a bit cleaner, and also shows what we’ve seen overnight; selling.
Selling to the 200 day MA as well, this well watched …

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in Technical Analysis

FTSE Technical Analysis – Neckline holds

Last week we posted a Blog about the potential Head and Shoulders pattern forming in the FTSE Futures. Things got interesting with respect to this yesterday, which was the crux of our morning report, reproduced below.
The fact that we’re not breaking this line PROPERLY does suggest the market’s ambilvalence is set to continue.
Towards the European close yesterday …

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