Many traditional traders still look at technical charts with skepticism, at least in public. Most discretionary traders user charts at the very least for tactical purposes, such… Read more "The harmony in price movements"
METALS Strong job report on Friday lifted the US Dollar on the news but lacked followed through. The lack of strength continued at the open on… Read more "Booy’s #Commodities #60SecUpdate #40"
METALS Gold is bucking the trend by strengthening in the face of a stronger US Dollar. The struggles for the currencies of Argentina, Brazil, and Turkey may… Read more "Booy’s #Commodities #60SecUpdate #37"
METALS USD strength not abating as news from Japan and Europe aren't helping their currencies. Consequently, Gold maintains a weaker stance, while Silver shows some resilience. Platinum… Read more "Booy’s #Commodities #60SecUpdate #35"
METALS Gold breaking $1,300 for the first time in 2018. It was an important support level. USD continues to strengthen and the path of least resistance is… Read more "Booy’s #Commodities #60SecUpdate #34"
Potential setup in Copper, March 2018 contract. If it breaks $3.12, depending on the today’s low, it can be a 10-to-1 reward-to-risk trade, if it hits $3.28,…… Read more “Copper’s falling wedge, 10-to-1 reward-to-risk potential”
[I’m adding a new line to all my post. An update on my trading balance] Journeyman updated Equity Run: $12,020.99. Many continue to scratch their heads…… Read more “North Korea: China’s decoy for its maritime operations.”