Lower timeframe confirmation: simply means waiting for price action on the lower timeframes to confirm direction within a higher timeframe area. For example, some traders will not enter a trade until an opposing supply or demand area has been consumed, while on the other hand, another group of traders may only need a trendline break … Continue reading Wednesday 8th July: Daily technical outlook and review.
Global Markets: Asian stock markets: Nikkei up 1.40 %, Shanghai Composite fell 3.20 %, Hang Seng declined 1.10 %; ASX rose 1.55 % Commodities: Gold at $1166 (-0.60 %), Silver at $15.63 (-0.75 %), WTI OIl at $53.06 (+1.00 %), Brent Oil at $57.20 (+0.70 %) Rates: US 10 year yield at 2.30, UK 10 … Continue reading Tuesday 7th July: European Open Briefing
Lower timeframe confirmation: simply means waiting for price action on the lower timeframes to confirm direction within a higher timeframe area. For example, some traders will not enter a trade until an opposing supply or demand area has been consumed, while on the other hand, another group of traders may only need a trendline break … Continue reading Tuesday 7th July: Euro Summit today – remain vigilant.
Global Markets: Asian stock markets: Nikkei down 1.60 %, Shanghai Composite gained 2.60 %, Hang Seng fell 3.15 %, ASX declined 1.25 % Commodities: Gold at $1167 (-0.05 %), Silver at $15.57 (-0.55 %), WTI Oil at $54.95 (-1.00 %), Brent Oil at $59.75 (-1.35 %) Rates: US 10 year yield at 2.28, UK 10 … Continue reading Monday 6th July: European Open Briefing
Lower timeframe confirmation: simply means waiting for price action on the lower timeframes to confirm direction within a higher timeframe area. For example, some traders will not enter a trade until an opposing supply or demand area has been consumed, while on the other hand, another group of traders may only need a trendline break … Continue reading Monday 6th July: Weekly technical outlook and review.
