[wp_ad_camp_1] Hello traders! The Dax has given back the majority of its recent gains and reached a daily low of around 9950 (at the time of writing), taking out yesterday’s low and the Monday afternoon low. The daily candle already has engulfed...
[wp_ad_camp_1] Good morning traders! Looking at the daily chart we are still in our bullish trend channel and have carved out a much stronger looking higher low, also (at the time of writing) piercing yesterday’s high. We are approaching the 200 EMA from the...
[wp_ad_camp_1] Hello traders! NFP Day today so expect the normal craziness in terms of volatility. If I had to make a prediction, I am going for 175k. The Dax posted an inverted hammer yesterday and I was caught out on the wrong side of the trade this morning as it...
[wp_ad_camp_1] Good morning traders! Global markets seemed to take a hit yesterday perhaps after the weaker Chinese manufacturing and a cut in Europe’s growth outlook once again ignited the fears of a global economic slowdown. We ended up over 100 points down at...
[wp_ad_camp_1] Good morning traders! Happy star wars day. I appreciate just how nerdy that sounded, but I don’t really mind. We had a strong bearish day yesterday closing around 9937, completely engulfing the previous retracement on Monday and breaking through...
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