Gold Rally Continues on Geopolitical Jitters

Gold continues to move higher and has posted gains in the Wednesday session. In North American trade, spot gold is trading at $1274.75, up 0.60% on the day. On the release front, inflation indicators...

Simple Forex Trading: Impulsive Moves

We are going to take some time to focus on impulsive and corrective moves as an attempt to explain the market behavior of a trading week. We will cover currency patterns, strategy implications, the trader’s...

Japanese Candles: An introduction and how to use them

Japanese Candlesticks Introduction to Candles Candle Formation Using Candles in Forex Introduction to Candles Japanese Candlesticks have been around for centuries they were originally developed by the...

Wow ECB Drove EURO Crazy Today, Recap of What Happened

The Euro dropped and then it rose.  The volatility was extreme but the good news is that we made money when the Euro was going down. Then we turned around and made money when it bounced on the way back...

Day Trading Strategies: Using Invisible Pivots

Day Trading Strategies I created the video below entitled: “Day Trading Strategies – Invisible Support/Resistance” in which I discuss Floor Trader Pivots, and especially the levels that...

Gold and Silver Outlook for March 14-18

Precious metals will face another stormy week with the upcoming FOMC meeting. Following the latest ECB monetary meeting that concluded with rate cuts and augmented QE program, gold and silver moved in...

Gold Lower on Monday Awaiting Fed FOMC

Gold steadied on Monday, paring earlier gains as stock markets and the dollar gained, with moves muted ahead of closely watched policy meetings of U.S. and Japanese central banks this week. The metal,...

USD Higher on Fed Commenting on June FOMC for Rate Hike

The dollar edged higher against the euro Monday as investors wagered that the Federal Reserve might point to an interest-rate increase in June at its meeting later, amid a parade of important central-bank...