Trading Range and Triangles on the DAX index | 3rd Feb 2017
The DAX index produced two perfectly tradable triangles on the one minute chart today. I’m going to walk you through the action so that you can spot these trading opportunities for yourself. Trading ranges mean scalping The one minute chart requires fast thinking and I use it for scalping. Scalping for me means taking trades […]
Framework of a trend – uptrend on DAX | 2nd Feb 2017
Today we are day trading the German DAX index. We had a lovely uptrend this morning that fit our trend framework almost perfectly and provided several excellent risk and reward trading opportunities. The chart above is on the one minute timeframe, which is one of my preferred timeframes. The action is fast and doesn’t give […]
Prefect uptrend on EUR/GBP on 31st January 2017
Today we are looking at the currency pair, Euro v British Pound. The market produced a perfect uptrend this morning with opportunities for several super trades. Let me talk you through the price action. There was generally mixed economic news this morning both in the UK and in Germany, the key is that there was […]
Trading Double Bottom & Double Top – DAX (Index) 23rd January 2017
Two excellent chart patterns emerged early today on the DAX index. Firstly we had a double bottom and then a double top. You can make a living from just trading double tops and bottoms, they are prevalent on the shorter trading timeframes. There can also be quite a few false chart pattern signals so it […]
Trading on the FTSE index | 19th to 23rd December
A very quiet day on the markets. Price bounced around, staying within ten points of the open pretty much all day. No trading opportunities to report today. It was a good opportunity to get some last minute Christmas shopping done for most traders. Have a great Christmas everyone. We’ll be back with more price action […]
Trading the UK FTSE | 12th-16th December
Trading view on the UK FTSE index. Pre-market analysis and post market review for 12th-16th December Post-market trading analysis 16th December The FTSE spent the first two and a half hours today in the zone just above yesterdays close that we had been in overnight last night and that we drew on our chart this morning. […]
Day trade FTSE | Market Analysis | WC 5th December
Day trading on the FTSE – setups & technical analysis for week commencing 5th December 2016 Update – FTSE Trading 9th December – 7.30am [ Our bull trend channel continues to house prices on the FTSE. The 2 hour chart above shows that since price touched the upper boundary two days ago price has been […]
Trading the FTSE | Week Commencing 28th November
Daily trading setups and analysis on the UK FTSE 100 Index FTSE Trading Update 2nd December 2016 – 5pm [ FTSE 5 minute chart 2nd December 2016The FTSE spent the morning idling along underneath the trendline for the downtrend that we have been in for the last few days and as illustrated this morning on the […]
Day trading on the FTSE | November Week 4
Day trading on the UK FTSE index for the week commencing 21st November 2016. Daily market analysis pre and post market. FTSE Trading update 24th November 2016 – 4.45pm It was very quiet on the FTSE today as we expected due to US Thanksgiving. However there were one or two trading opportunities of note. The […]
Trading the FTSE | November | Week 3
Intraday trading and analysis on the FTSE 100 Index FTSE Trading Update 18th November – 5pm You will remember that I was looking out for the market hitting the lower bull channel line on the open today. This is the upwards sloping line at the top of the 5 minute chart above. The market quickly […]