Global Markets: Asian stock markets: Nikkei up 0.66 %, Shanghai Composite down 0.69 %, Hang Seng fell 1.60 %, ASX 200 lost 0.69 % Commodities: Gold at $1283.00 (0.05 %), Silver at $16.49 (0.24 %), WTI Oil at $57.48 (0.31 %), Brent Oil at $62.84 (0.50 %) Rates: US 10-year yield at 2.38, UK 10-year … Continue reading Thursday 30th November: European Open Briefing
Waiting for lower timeframe confirmation is our main tool to confirm strength within higher timeframe zones, and has 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 the rhythm so to speak, you will be … Continue reading Thursday 30th November: Technical outlook and review
Introduced to the western world By Steve Nilson, Japanese candlesticks are an effective way to forecast short and long-term market direction. What makes this concept so interesting is that each trader we’ve met seems to have their own unique approach. The inverted hammer, or sometimes referred to as a ‘shooting star’ (Japanese name: tohba), is … Continue reading What’s an Inverted Hammer Candlestick Pattern?
Global Markets: Asian stock markets: Nikkei up 0.57 %, Shanghai Composite climbed 0.15 %, Hang Seng rose 0.10 %, ASX 200 gained 0.45 % Commodities: Gold at $1294.77 (-0.02 %), Silver at $16.84 (0.12 %), WTI Oil at $57.70 (-0.50 %), Brent Oil at $62.84 (-0.63 %) Rates: US 10-year yield at 2.32, UK 10-year … Continue reading Wednesday 29th November: European Open Briefing
