METALS Strong job report on Friday lifted the US Dollar on the news but lacked followed through. The lack of strength continued at the open on… Read more "Booy’s #Commodities #60SecUpdate #40"
METALS Gold is bucking the trend by strengthening in the face of a stronger US Dollar. The struggles for the currencies of Argentina, Brazil, and Turkey may… Read more "Booy’s #Commodities #60SecUpdate #37"
We trust machines to make decisions for us, why wouldn’t we trust a “machine” like our brain that is capable of far more complex deductions? In a…… Read more “Before artificial intelligent, there was once the gut”
METALS USD strength not abating as news from Japan and Europe aren't helping their currencies. Consequently, Gold maintains a weaker stance, while Silver shows some resilience. Platinum… Read more "Booy’s #Commodities #60SecUpdate #35"
I once walked into a casino and it was the most depressing scene of unhealthy, mindless, and hopeless behavior I had ever seen in my life. Until……… Read more “Treat your capital like poker chips”
METALS Gold breaking $1,300 for the first time in 2018. It was an important support level. USD continues to strengthen and the path of least resistance is… Read more "Booy’s #Commodities #60SecUpdate #34"
There was a time when traders used to “read the tape” to get a sense of where prices were moving in the short-term and to identify where…… Read more “You have to listen to a lot of noise to identify the signal”
Here is a very good presentation by Anton Kreil a former Goldman Sachs trader, turned educator. If you get past the sales pitch and coarse language (not safe…… Read more “One of the most honest seminars on trading I’ve ever watched”
Potential price action that I’m interested in: USD.JPY BoJ’s Kuroda made some comments about tightening their ultra-loose monetary policy… Sure it’s, by 2020 or some such. But…… Read more “#PotentialTrades – Update #3”