Articles for: Gann Analysis

It’s been a very interesting time in the currency markets. Mind you, I can’t remember too many boring times since I started trading these markets!

What do you think of when you see ABC Points on a chart? Very probably, you look at it as a potential trade, and then proceed to evaluate its strength or weakness. However, there is another very powerful use for ABC Points, and that is to give potential prices where moves may end and the trend may turn. As usual we will illustrate by looking at Santos (STO:ASX).

As we close on the end to the current financial year many are asking are the recent sell offs in the equity markets the sign of more to come. It has to be said since the early May we have travelled predominately sideways and this last climb to yearly highs has been very weak with volumes and average ranges shrinking. The fundamental news in the market has also been negative against a rising prices, this combined with the need for many stocks to go into capital raising by issuing more shares may have finally weighed the market enough for it to take a break.

Welcome from me to all our Safety in the Market traders to this month’s dedicated newsletter. I’ve just got back from the Adelaide Interactive Trading Workshop yesterday that was conducted with my mate Tim Walker. It is the second one in a row for us and really gave us a chance to build upon the current market action we had been following for the past couple of weeks. It’s personally given my stock CFD trading a boost as we have come across so many great set-ups that were just too good to pass up. I want to share a potential beauty with you on Seven Network (SEV).