Global Markets: Asian stock markets: Nikkei down 0.20 %, Shanghai Composite gained 1.35 %, Hang Seng fell 0.10 %, ASX rose 0.60 % Commodities: Gold at $1083 (-0.60 %), Silver at $14.41 (-0.70 %), WTI Oil at $45.50 (+0.75 %), Brent Oil at $49.70 (+0.35 %) Rates: US 10 year yield at 2.16, UK 10 … Continue reading Tuesday 4th August: European Open Briefing
A note on lower timeframe confirming price action… Waiting for lower timeframe confirmation is our main tool to confirm strength within higher timeframe zones, andhas really been the key to our trading success. It takes a little time to understand the subtle nuances, however, as each trade is never the same, but once you master … Continue reading Tuesday 4th August: Daily technical outlook and review.
Global Markets: Asian stock markets: Nikkei down 0.45 %, Shanghai Composite lost 2.50 %, Hang Seng fell 1.30 %, ASX declined 0.50 % Commodities: Gold at $1095 (+0.01 %), Silver at $14.70 (-0.30 %), WTI Oil at $46.80 (-0.70 %), Brent Oil at $51.85 (+0.05 %) Rates: US 10 year yield at 2.21, UK 10 … Continue reading Monday 3rd August: European Open Briefing
Global Markets: Asian stock markets: Nikkei up 0.10 %, Shanghai Composite fell 1.00 %, Hang Seng rose 0.40 %, ASX gained 0.50 % Commodities: Gold at $1084 (-0.40 %), Silver at $14.66 (-0.25 %), WTI Oil at $48.20 (-0.60 %), Brent Oil at $53.15 (-0.25 %) Rates: US 10 year yield at 2.26, UK 10 … Continue reading Friday 31st July: European Open Briefing
Lower timeframe confirmation: is something we use a lot in our analysis. All it simply means is waiting for price action on the lower timeframes to confirm direction within a higher timeframe area. For example, some traders will not enter a trade until an opposing supply or demand area has been consumed, while on the … Continue reading Friday 31st July: Daily technical outlook and review.
