Monday 4 January 2010 One thing a savvy trader must understand is that smart money, [our descriptive adjective for controlling nterests in a market], does not like company. What does that mean? When a...
Read MoreWednesday 30 December 2009 Time to review in preparation for the new year. We start with an annual chart, without comment, asking the question, can anything be learned from such a chart? Few market...
Read MoreMonday Evening 21 December 2009 As Yogi Berra would say, “It’s deja vu all over, again.” The trading range continues, as we figured it will, at least for December, but…anything can...
Read MoreMonday 21 December 2009 We recently recommended short positions at 163.50, British Pound – Trouble Across the Pond. One thing no one can ever know is the outcome for any given trade. Developing market...
Read MoreSaturday 19 December 2009 For as much as it looked like the S&P was heading lower, it refuses to give up the protection of the current trading range. The short positions we recommended were scratched. ...
Read MoreThursday Evening 17 December 2009 Not too many look at longer term charts, but they can be very helpful in putting a market into a context, a very important step in order to determine a trading strategy...
Read MoreThursday 17 December 2009 We liked the short side of the British Pound way back in June when we saw several key reversals, but politics being what they are, nothing really ever came of it. Lies can run, but...
Read MoreWednesday 16 December 2009 In our last article, Crude Oil – Things Change, the analysis was right on point in identifying the trend as up, weakened, but still up. We are starting to see confirmation that...
Read MoreMonday 14 December 2009 Price action of the past 6 trading days has been contained within the week-ending 4 December weekly range. The highest volume since late October occurred on the Friday jobs announcement...
Read MoreMonday 14 December 2009 One advantage of relying upon present tense market information is the adaptability afforded as new price information develops. That adaptability is self-imposed, for it does not happen...
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