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 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 …

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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 …

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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 …

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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 …

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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 …

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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. …

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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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in company News

Viva Las Vegas!!

I’ve just spent the last 5 days in Las Vegas; my first time there. Wow! What a place. I was immediately impressed with the sheer size of it all, especially casino complexes like Caesars Palace and the MGM Grand. While the main reason for the trip was purely for pleasure I couldn’t help but draw a few comparisons between trading …

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