Category Archives: Commodities

Copper Update

Just a quick update in the copper trending study. This is a good example of a false breakout. I can’t take a long trending entry here because of my anti-chasing rule. This rule has saved me more times than I … Continue reading

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Oil Update

Just a quick oil update. The 50% Fibo level support worked a treat. See how oil picked up the support off the flat kumo top and flat kijun sen? Fascinating! Here is the 4hr. You can see how price wants … Continue reading

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Dollar Watch

The inflation numbers for the U.S. are still coming in weak and yet Duddly from the Fed is still pushing another rate hike in December. He said they will likely officially announce the balance sheet reduction in September. Markets are … Continue reading

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Copper Update

This is the update on the copper post from earlier in the week. I showed that there was a valid long entry because the daily MACD was still crossed up at the time, but I left it for you to … Continue reading

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Copper Update

Ok, this is an interesting case with copper at the moment. My alert has gone off for a 2hr/4hr trending entry on copper. Do I take the trade here? People who use my trading method, can you see the answer? … Continue reading

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Post NFP Charts

Non-Farm payroll came in better than forecast. Have to see how things look next week. Just a quick charts of interest to wrap up for the week. It has been a good week. I am well ahead of my target … Continue reading

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Trending Study Update

The copper trending trade has been stopped out for profit. Once I would have chased that second entry on the breakout, that was before I developed my rules. I would have been wondering why I took a loss. EURUSD 4hr/2hr … Continue reading

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Zen In The Art Of Trading

“The world is full of obvious things which nobody by chance ever observes.” My old friend 50% Fibo in the correlation between gold and USDJPY. This is perfection!

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Template Study

Another couple of success stories with my templates. Could not be more simple. Oil stopped for +6.1% gain. Price fell on surprise inventory build. DAX stopped out +2.78% gain. Price found support at the weekly kijun sen.    

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Iron Ore Update

Iron ore weekly on fire. Testing resistance at the kijun sen and guess what, right on my old friend the 50% Fibo. You just have to love it. It’s money for jam.  

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