Monthly Archives: August 2012

What does the US Presidential Election mean for markets?

US market performance since 1900: Republicans versus Democrats  By Colin Cieszynski (Senior Market Analyst at CMC Markets, Canada)  Although the Republicans are widely seen as being generally more favourable to business, since 1900, stock markets have actually performed better under … Continue reading

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Posted in Market, Shares, Stocks | Tagged

RIO – Bullish 3 Drives Pattern

At the risk of going overboard on the iron ore theme with the blog this week, I think the RIO chart is worth discussing. It looks to me to be forming a “3 drives to a low” pattern. This can be an effective indicator for a bullish reversal. … Continue reading

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Posted in Market, Shares, Stocks, Trading | Tagged , , , , | 2 Comments

5 Minute Trading – Pah! Aug 31

Missing a “take profit” trade by half a pip, and then being stopped out, is frustrating. However, trading can be like that, and the best path is to stick to my strategy. Although, its probably fair to say that this will … Continue reading

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Posted in Uncategorized | Tagged , , , | 7 Comments

Iron Ore Overdone – Buy Fortescue

Fears of a severe slowing of growth, and elevated inventories, in China, have pushed iron ore prices to three year lows. Naturally, the share prices of iron ore companies are under severe pressure. However a sober reading of the fundamentals, … Continue reading

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Posted in Market, Shares, Stocks, Trading | Tagged , , | 8 Comments

Commodity Outlook

I participated in a commodity outlook discussion on CNBC this week. To watch the interview Click Here

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Posted in Uncategorized | 2 Comments

5 Minute Trading – Another Near Miss – Aug 30

Another near miss. The buy order triggered, but the following rally fell 8 pips short of the take profit level. Subsequent falls triggered a stop out. Today’s levels:

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Companies Week – Bollinger Bands make Ansell a stock to watch

My post on Tuesday outlined a possible reversal set up in Resmed which has continued to rally so the sell set up did not trigger. No harm done but no trading opportunity either. My post today discusses a similar situation with latex manufacturer … Continue reading

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Posted in Market, Shares, Stocks, Trading | Tagged , , , | 3 Comments

10 of the best – The instruments traded by last week’s most profitable traders

Welcome to this week’s look at the profitable instruments used by our top 10 most profitable traders. It’s a decent haul in terms of the diversification of products so have a look and see if you find any of them … Continue reading

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Posted in Bonds, Commodity, Forex, Gold, Market, Shares, Stocks, Trading

A simple barometer – The Aussie and the moving average

Has anyone else noticed that the price of iron ore has in a couple of weeks gone from a celebration of the robust strength of the Australian economy to the chink in the armour of Australia that is being discussed … Continue reading

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Posted in Forex, Market, Trading | Tagged ,

Companies Week – A montage of Hong Kong setups

We try to look across as many markets as we can for different types of setups. One area of the world which seems to be offering a lot for the technically oriented trader at the moment is Hong Kong. For … Continue reading

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Posted in Shares, Stocks, Trading, Uncategorized