Recent Price Action The British pound has rallied strongly in recent weeks as the threat of a no-deal Brexit recedes and the likelihood of a delayed Brexit increases as the days go by. Subsequently the GBP/USD and the GBP/JPY have both moved strongly … [Continue reading]
Previous Analysis I have been looking at the price of both gold and the Dow Jones index in recent weeks because they have both been trading close to major resistance levels, and are therefore potentially worth shorting. Since I wrote these two blog … [Continue reading]
Inside Bar Breakouts I have long argued that inside bar breakouts are some of the easiest and most predictable breakouts that you can trade. All you need to do is wait for quite a large candle on the daily chart (or higher), and wait for a series of … [Continue reading]
December Price Crash Unless you have been living under a rock for the last few months, you will know that the Dow Jones (and all of the other major indices) completely collapsed last month, continuing on from the initial negativity in November. The … [Continue reading]
Previous Price Action It is a long time since I talked about gold, but in my last post back in October, I highlighted the upwards price breakout that had just occurred on this particular commodity, and this proved to be a decisive breakout. I … [Continue reading]