What is the impact of expensive oil? This week I wanted to look at oil again….what does expensive oil prices mean and what impact does it have on trading markets across various sectors and asset classes. Inflation Concerns: High oil prices can contribute...
I’m regularly trading in gold so this week I thought it would be interesting to broaden our knowledge of gold. Even though we are mostly Forex focused, a lot can still be learned from understanding the movement and characteristics of gold. Trading in gold Gold...
Hi everyone, The USD news has been a very mixed bag. Softer (weaker) inflation news + negative GDP + better job earnings = confusion in the markets. My biggest advice is that you don’t mistake all of this ‘good’ news for prolonged USD weakness. The...
Hi everyone, The dust has settled on a very busy and important week of fundamentals, so let’s have a look at what the big picture now looks like. We saw the Fed raise interest rates by 75 basis points (in line with expectations) but more interestingly were their...
In today’s session, Ashley and I answered the question what is a recession as well as the ‘usual suspects of supplementary charts (DXY, Gold, Oil, Bitcoin etc.) as well as loads of M2 and Earth and Sky setups. Ashley also explained how he uses support and...