Articles for: Australia

Markets have periods of trends and periods of rest, just like you do when you want to go for a run. Sometimes, after a big move up or down, a market will reverse and go straight back the other way. But more often it will pause to gather its strength. This can be a challenging time for the trader, as good ABC trades are harder to come by.

If you have been watching the Gold price over the past week or so then you’ve surely seen some dramatic movements, both up and down. When you look at the profit potential in these moves, the dollars add up very quickly. Longer term, things haven’t changed for me, I’m still bearish based on the 200% of the range I’ve covered numerous times in previous articles. Sometimes though a trader needs to be thinking a little more about the short term and where the next big opportunity might come from.

Many years ago David Bowden commented that, “more often than not, the market will do just enough to mug you”.

Even though I remain in cash, I am conscious that there are other investors who are in the market and would like to add to their positions.

What an admission! I really don’t know where the markets are going in the medium-term.

In last week’s article on CBA, I suggested you to conduct a similar analysis on ANZ (ANZ:ASX).

It is one of the most poorly-timed presidential ascendancies in French history.

The trick is how to recognise each of these.

When we first teach students to select trades, we advise them to trade with the trend.

It’s hard to imagine QBE as a glamour stock, yet its ongoing woes in 2012 have been a goldmine for Gann traders.