Weekly Commentary: 18th May 2014

Previous weekly commentary: Commentary on 11th May 2014 Hello Traders, This week the USD Index closed higher at around $80.10. To be honest, I would prefer to see another weekly bullish trend bar but you don’t always get what you want.  As always, I need to see another higher high for a more convincing bullish…

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The Power of the Mind

You do know that the mind is a very powerful trading resource, do you not? You also know that it is an important tool that can help you achieve trading success easily and effortlessly, right? If you agree (and I know you do), then great news for you because you are either already part of…

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Gold – What’s on the Mind of Traders?

  (Click on image for larger view)  Hi All, As mentioned on 20th Mar (see article), it was established that price is sitting in the middle between a strong Resistance (~1430) and a strong Support (~1180). As I write this post, that remains true. Also, since my last commentary on Gold (see article), price failed to…

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Weekly Commentary: 11th May 2014

Previous weekly commentary: Commentary on 4th May 2014 Hello Traders, It was an interesting week. As mentioned in previous weeks, I was looking for price to test the $79 level. While the USD Index did touch the $79 mark, it tested the level and bounced off it. It was a big turn around on Thursday…

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3 Ways to Connect with Your Trading Mind?

  My interest and fascination for the power of the mind continues as I am now nearly half way through my course on hypnosis and hypnotherapy. The more I learn about the subconscious mind, the more I realise that having the knowledge of the subconscious mind and ability to connect with it consciously is just…

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USDCAD – A Reversal In the Making?

(Click on image for larger view) Hi All, Since my last commentary on the 6th April (see article), price has been unfolding itself and it looks like a reversal pattern in the making. Why do I say that? Well, looking at the chart above, price has been on an uptrend since Sept 2012. While my long…

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Weekly Commentary: 4th May 2014

Previous weekly commentary: Commentary on 27th Apr 2014 Hello Traders, The USD Index started moving south at the start of the week and it made a big drop on Wednesday. Friday made some interesting development (thanks to non-farm data) as the day closed with a major high test pin bar. With that, price started to…

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GBPUSD – A Start of a Downfall?

(Click on image for larger view) Hi All, A quick update on GBPUSD. As I mentioned over the weekend (see article), the Cable has been quite annoying due to it’s recent aimless nature. As it is, price is testing a major resistance level and has been consolidating for awhile now. In fact, I managed to draw…

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Launch of The Secrets of Trading The First Pullback

Hi All, As I celebrate my birthday today, I would like to officially launch my new book “The Secrets of Trading The First Pullback: A Price Action Guide for Understanding Market Pullback That Works“. In conjunction with the launch, I will be giving a massive introductory discount (Only Available on Amazon). So make sure to…

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Weekly Commentary: 27th Apr 2014

Previous weekly commentary: Commentary on 20th Apr 2014 Hello Traders, The USD Index continues with its uncertainties. As much as I want to see more movements in the USD, there isn’t much going on. The only consolation I have is that many of the majors have decoupled – to a certain extend of course. With…

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