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 for a while, in fact the this line gave us Friday’s 99.765 high.
99.825 is the next target …
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 Candlestick Chart for Comex Gold (all sessions). Last week we got up to a high of …
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 caught a fresh bid, and we were early to catch this as there were several reversal patterns on major indices …
“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 copy, and thank you to those who have offered their thoughts
To order your copy we have set up …
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:
Barclays topped out just shy of £8 in February 2007. Last week we hit 47p, and have since bounced, …
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 …
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 …
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 …
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