Category Archives: Commodities

Gold Silver Copper Oil Update

I just love to look at the Fibonacci levels on charts. It is something that can be very helpful and when you get used to seeing these levels you will see them without even needing the measuring tool. I do … Continue reading

Posted in Commodities | Tagged | Comments Off on Gold Silver Copper Oil Update

What’s Up?

I saw this front cover of The Economist magazine recently asking are asset prices too high? The answer in my mind is yes and no. Asset prices are too high but that does not mean that they can go higher. … Continue reading

Posted in Commodities, Forex, Indicies | Tagged | Comments Off on What’s Up?

Charts Of Interest

Just a quick charts of interest. North Korea is planning more tests for next week so get ready for a tweet storm from Trump about the little rocket man.

Posted in Commodities, Forex, Indicies, Stocks | Tagged | Comments Off on Charts Of Interest

Gold Update

Just a quick look at gold. It has bounced off support true to form following the Golden week holiday. The $USD is down ahead of the Fed minutes and CPI this week. I expect it will be short term and … Continue reading

Posted in Commodities | Tagged | Comments Off on Gold Update

Gold, Silver, Copper, Oil

An interesting week ahead in commodities. China’s Golden week is over and the pattern is normally to see a rally in gold from here but that would suggest the $USD has to be headed lower. I don’t believe so this … Continue reading

Posted in Commodities | Tagged | Comments Off on Gold, Silver, Copper, Oil

ETF Watch

ETF’s are not only a passive form of investing, they can give you a very good idea of what is going on inside the various markets. I have a very large watch list of ETF’s that I follow. They give … Continue reading

Posted in Commodities, Indicies, Stocks | Tagged | Comments Off on ETF Watch

Charts Of Interest

I have just started reading Principles: Life and Work by Ray Dalio. It is a great read so far. Ray Dalio is one of my biggest inspirations. A lot of the principles of trading that I talk about are from … Continue reading

Posted in Commodities, Forex, Indicies | Tagged | Comments Off on Charts Of Interest

Charts Of Interest

A quick charts of interest post to see a few highlights from this week. EURUSD nice counter trend. AUDUSD nice counter trend. USD index testing up to the resistance and kumo. TNX daily headed for resistance on hawkish Fed. EEM … Continue reading

Posted in Commodities, Forex, Indicies, Stocks | Tagged | Comments Off on Charts Of Interest

Oil Update

I got a sneaky intraday trade in on oil this week. It was not chasing, because I had a valid setup on technical and fundamental. I did not expect this last week but that is just the way it goes, … Continue reading

Posted in Commodities | Tagged | Comments Off on Oil Update

Natty Gas

Old natty gas was a perfect example of what I am talking about. A false breakout. The people who chased that breakout are the dumb money. The ‘I thinkers’. If you are new to trading, get used to using Google … Continue reading

Posted in Commodities, Stocks | Tagged | Comments Off on Natty Gas