Monthly Archives: July 2017
RM Course
Launching a course on Risk Management Strategies – classes commence in August 2017. This course is meant for Novice / Intermediate traders who want to take their trading to the next level & become successful. Start date: August 17. … Continue reading
WTI – an update to the earlier post
WTI closed the week strong – fueled by the promise of more cuts from SA and the possibility of US sanctions on Venezuela & the consequent supply disruptions the sanctions can cause. This is going to a tough week for … Continue reading
Top Six Traits of Successful Traders
Here is a simple list of what makes some traders shine. These are not hard to master – all you have to do is try! Trading with a Plan Successful (and professional) traders don’t trade at whim. They evaluate the technical … Continue reading
Make or break for the dollar? DXY nearing critical support
Want to be a successful trader? Learn Risk Management NOW! USD is teetering. The DXY is nearing a critical support level – the 200 Week MA.. Below the 200 Week MA, we can’t find much in terms of nearby support. … Continue reading
Natural Gas – Are the bears winning?
NG is not looking good for the bulls. After several attempts at cracking the 50 week MA, bulls caved in again. Thankfully for them, NG found support at 2.86, very close to the long term trend line support. A break … Continue reading
Gold nearing a break-out?
The Golden triangle chart I posted on StockTwits in Dec 2016 has remained in tact so far (see charts below). After hitting close to 1300 in May 2017 & then dropping to 1203, Gold has recovered nicely most of its … Continue reading
WTI – the long & short of it from a long term perspective
OPEC has been trying to stabilize the Oil markets ever since their “market share” strategy failed and the price dropped from 150 to the sub 30 levels. Their attempts to stabilize the markets succeeded only to a limited extent by … Continue reading
