The timing of the OPEC+ decision to cut oil production back by 2 million barrels a day (beginning November) is going to have widespread ramifications. As you might already know, the price of crude oil affects more than just gasoline.
Andrews Pitchfork Strategy: Boost Your Day-Trading and Swing-Trading Setups
Andrew’s Pitchfork is one of those strange indicators that seem to pop up in many contexts, from trading platforms to trading blogs, yet remains an indicator that many traders don’t know how to use. As we’ll see below, there are
How to Use the Accumulation Distribution Indicator
Prices moved, but are there more buyers or sellers? When the price of an asset moves, the volume of buying or selling driving it may vary. Certainly, it helps to know if buying or selling volume is beginning to fade
October Newsletter
View Upcoming Government Reports & Holidays for the month. The Global Update blog features various blogs from throughout the month. Key Events That Moved the Market in the previous month are detailed.
A Closer Look at Gold this Week – Technical & Fundamental Analysis
It’s safe to say that gold has been one of the more confusing assets on Wall Street. A hedge against inflation, gold has been falling despite consumer prices rising. A hedge against the markets? That’s something we have yet to
How to Use Fibonacci Time Zones
Most traders are familiar with Fibonacci retracements and extensions. They’re commonly used, fairly easy to plot, and relatively intuitive to follow. Yet, they’re only one among a larger set of Fib tools you can use to analyze the market. Although
A Quick Hack to Finding Short Term Reversals Using the RSI
Finding short-term turning points: As a trader, you’re probably aware of the Relative Strength Index (RSI). It is the momentum indicator that measures the speed and magnitude a price changes relative to an “overvalued” and “undervalued” level. The range for
September Monthly Newsletter
View Upcoming Government Reports & Holidays for the month. The Global Update blog features various blogs from throughout the month. Key Events That Moved the Market in the previous month are detailed.
Using the VWAP to Identify Short-Term Trading Opportunities
When is the price of an asset too high or too low to buy or sell? That’s a question that traders ask every day, and they have various tools and approaches to help them determine the “right price” for a
Trading Reversals in the S&P Futures After the First Five Minutes of the Market’s Open
There’s a lot that happens in the first five minutes of the NYSE market opening. This is when large funds and financial institutions place large orders to stake a position (long or short) or liquidate positions. It’s a torrent of