November 27, 2012 – Non-commercial large futures traders, including hedge funds and large speculators, raised their total US dollar long position to a total of $11.2 billion on November 20th from a total long position of $4.72 billion on November 13th…
November 26, 2012 – Trading with the trend is not always an easy task. It is human nature to predict and jump to conclusions and usually it’s better to trade with the trend no matter what your emotions are telling you. The current trend is down…
The recent massive sell off in AAPL stock has presented some interesting opportunities for low risk trades. For long time readers of this column, you may recognize that my portfolio usually contains an AAPL position…
The “shale revolution” has been grabbing a great deal of headlines for some time now. A favourite topic of investors, sector commentators and analysts – many of whom claim we are about to enter a new energy era with cheap and abundant shale gas leading the charge…
The diagonal is a five-wave pattern labeled 1 through 5, in which each leg subdivides into three smaller waves: 3-3-3-3-3. Unlike motive waves, however, diagonals are the only five-wave structures in the direction of the main trend in which wave 4 almost always moves…