Previous Price Action I think many traders were shocked by the severity of the mini-crash that occurred recently on the US stock markets because it seemed to come out of nowhere, even though many traders and investors have been expecting some kind … [Continue reading]
Popularity of Bitcoin Cryptocurrencies such as Ripple, Litecoin, Ethereum and Dash are continually being mentioned on the various different financial news channels and websites , but it is fair to say that Bitcoin is still the most well-known of … [Continue reading]
Breakout Criteria There are various factors that I will consider when looking for potential breakout trades, but one of my favorite patterns is when you get a combination of a moving average cluster and a sideways trading range. In other words, I … [Continue reading]
Previous Price Action The price of gold has been trading in a sideways trading range for the last few months, struggling to break decisively above or below the $1200 level. This can be seen in the chart below because you can see that the price … [Continue reading]
Is the Bull Run Over? There is no doubt that the US stock markets have had a fantastic run since they hit their lows back in 2008 and 2009 after the financial banking crisis. The Dow Jones has gone from 6500 to around 27000 earlier this year, and … [Continue reading]