Apr15

I wanted to point something out to help you prepare for a trade. This might happen or might not... but more often than not, it does happen. See the chart above.... observer the MACD and RSI. As Oil heads lower below $20, notice if the MACD histogram, and RSI levels remain at level higher than the previous bottom at $20. What this essentially means...

Apr14

Gold is about to head into new territory, and most likely exceed the highs of 2011. Given the market has more to fall yet as the ripple effects are realised, gold should easily reach levels around $2000 if not more. In 2008-2011 we saw gold double.  That would be the equivalent of seeing gold go from around $1400 to $2800!

Apr14

I've had a lot of beginners luck coming back into trading after 10 years of absence.I can see an Inverted penant Chart pattern. Although it’s hard to tell which way the price will break out of this penant, given the fundamentals and lacklustre results from the oil cuts, I would expect oil to fall to around $18-$20 range.I will be looking to o...