SP 500 “E Wave” ready to rally to Bull Market Highs Aug 14 2012 David Banister- www.markettrendforecast.com In recent updates I have been projecting a series of ABCDE waves to take the Bull market to post March 2009 highs in the 1425-1445 ranges. The recent pullback was expected as what I was calling a “D […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro continues to rise as yen slips back Morning Report: 08.00 London • This morning, the weaker yen is helping to push the EUR/JPY higher this morning by 0.52%, with the USD/JPY up 0.25%. Click here […]
Read the Daily Market Report from Dave Evans, Professional Trader Dollar slips back as gold leads Morning Report: 08.00 London • Typical of a Monday morning, financial markets have not really got going yet for the week. The main movement has come from the US dollar, […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets slips back on China export slowdown Morning Report: 08.00 London • This morning, financial markets have started on the back foot after Chinese exports slowed much faster than expected. Year on year growth was just […]
Read the Daily Market Report from Dave Evans, Professional Trader Aussie leads after strong employment data Morning Report: 08.15 London • Financial markets continue to be quieter than normal due to slower summer trading. There is a positive bias in general with the Australia dollar leading […]
Back in the fall of 2011 I was warning my subscribers and the public via articles to prepare for a large correction in the price of GOLD. The metal had experienced a primary wave 3 rally from $681 per ounce in the fall of 2008 to the upper $1800’s at the time of my warnings […]
Back in the fall of 2011 I was warning my subscribers and the public via articles to prepare for a large correction in the price of GOLD. The metal had experienced a primary wave 3 rally from $681 per ounce in the fall of 2008 to the upper $1800’s at the time of my warnings […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen powers back against the dollar Morning Report: 08.15 London • After falling back yesterday, the Japanese yen is once again the currency of choice for investors as risk taking takes a back seat. The USD/JPY […]
One of the hallmarks of an option based trading approach is the ability to accommodate various market conditions by varying the specific construction of your option trade in order to maximize the probability of success. In order to form a logical basis for trade selection, it is best to think in terms of each of […]
One of the hallmarks of an option based trading approach is the ability to accommodate various market conditions by varying the specific construction of your option trade in order to maximize the probability of success. In order to form a logical basis for trade selection, it is best to think in terms of each of […]
Read the Daily Market Report from Dave Evans, Professional Trader Pound continues to weaken Morning Report: 08.15 London • In the small hours of the morning, Australian interest rates were kept on hold as expected. “On hold” is an apt way to describe financial markets at […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro slips back after payrolls boost Morning Report: 08.00 London • This morning, the euphoria following Friday’s Non Farm Payrolls is starting to slip as traders unwind their positions. While the better than expected jobs data […]
Read the Daily Market Report from Dave Evans, Professional Trader Kiwi leads cautious rebound Morning Report: 08.15 London • Markets have a bullish edge this morning, as traders look to unwind some of the reaction (over reaction) to yesterday’s ECB press conference. This morning’s reaction will […]
Read the Daily Market Report from Dave Evans, Professional Trader Aussie leads as markets wait for ECB Morning Report: 08.15 London • This morning, financial markets are rewinding some of the moves made yesterday in reaction to the Fed decision to not implement more quantitative easing. […]
Read the Daily Market Report from Dave Evans, Professional Trader US dollar slips back further Morning Report: 08.15 London • This morning there are some signs of an optimistic bias in the early opening salvos, particularly as the the US dollar index drops further from the […]
Chris Vermeulen talks about where precious metals are trading and what points a real breakout will be confirmed. Get these videos every day here: http://www.TradersVideoPlaybook.com Related Posts:Weekly forecast based on simplified wave analysis of… April 8, 2024 EUR/USDAnalysis:On the chart of the European currency, the direction of…Forex forecast 04/08/2024: EUR/USD, GBP/USD, USD/JPY, Gold… April 8, […]
Chris Vermeulen talks about where precious metals are trading and what points a real breakout will be confirmed. Get these videos every day here: http://www.TradersVideoPlaybook.com Related Posts:Weekly forecast based on simplified wave analysis of… April 8, 2024 EUR/USDAnalysis:On the chart of the European currency, the direction of…Forex forecast 04/08/2024: EUR/USD, GBP/USD, USD/JPY, Gold… April 8, […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets wait on central bank action Morning Report: 08.30 London • This morning financial markets are fairly quiet as markets await the bold action promised by the ECB and potentially other central banks. The ECB are […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets slip back as traders wait for action Morning Report: 08.15 London • This morning, financial markets are giving back some of the gains from the previous week, despite a lack of significant bad news over […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets follow through on ECB inspired rally Morning Report: 08.15 London • We’re seeing some follow through buying today following ECB president Draghi’s speech yesterday. Although not specifically stated, Draghi dropped enough coded hints about direction […]
David Banister- www.markettrendforecast.com July 26 2012 Just under two weeks ago I updated my subscribers with a chart pattern on the GLD ETF, and in that update we discussed what to look for to find clues in this GOLD consolidation that has continued from last August-September highs. My theory all along has been that we […]
David Banister- www.markettrendforecast.com July 26 2012 Just under two weeks ago I updated my subscribers with a chart pattern on the GLD ETF, and in that update we discussed what to look for to find clues in this GOLD consolidation that has continued from last August-September highs. My theory all along has been that we […]
Read the Daily Market Report from Dave Evans, Professional Trader Australian dollar recovers strongly Morning Report: 08.15 London • Financial markets rallied well into the close last night, with some follow through buying in certain currencies this morning. The Australian dollar continues to out perform thanks […]
Read the Daily Market Report from Dave Evans, Professional Trader Australian dollar recovers strongly Morning Report: 08.15 London • Financial markets rallied well into the close last night, with some follow through buying in certain currencies this morning. The Australian dollar continues to out perform thanks […]
Today has been quite a trading session with risk assets rocketing higher after Mario Draghi of the European Central Bank reiterated what has already been stated. The S&P 500 Index (SPX) is posting some nice gains, but price has not taken out the recent ascending trendline illustrated in the daily chart of SPX shown below. Until that […]
Today has been quite a trading session with risk assets rocketing higher after Mario Draghi of the European Central Bank reiterated what has already been stated. The S&P 500 Index (SPX) is posting some nice gains, but price has not taken out the recent ascending trendline illustrated in the daily chart of SPX shown below. Until that […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets waiting for cues.Morning Report: 08.15 London • After heavy selling yesterday, financial markets are flat this morning despite Australian inflation data coming in below estimates overnight. • The mai n mover so far is the […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets attempt rally, but euro still lags.Morning Report: 08.00 London • After heavy selling yesterday, financial markets are looking more stable despite negative outlook revisions for Germany’s credit rating last night. Improving Chinese manufacturing PMI has […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets plunge on Spain bailout fearsMorning Report: 08.00 London • Markets have started the new week in the worst possible fashion with a broad based sell off building momentum. Last week ended with fears over global […]
Trading stock around the times of earnings releases is a notoriously difficult operation because it requires accurate prediction of the direction of price movement. Wrong predictions can expose the trader to substantial loss if large unexpected moves occur against his position. Because of the risk associated with these events, many traders use options to define […]
