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Ultra short gold GLL that I went on about earlier in the week moved 1200 points. That’s a 12 Dollar run in just a couple of days. Here it is.

Is it me or are biscuits getting bigger?

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Here is the same 76% fib turn on GBPUSD.

Dont to forget to check out our Forex re cap page which shows where the #action is on #Forex pairs. Here is its latest snap shot.

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Normally we get retests of highs and lows at the mid range fib levels but occasionally the further out ones come in this is what happened on the S&P futures recently.

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That scenario we looked at earlier could come into play. - May 29, 2013 12:37 pm I would say that the odds have built up more this morning that a stop run could be on the cards. Here is the Dollar index and that potential drop under support. Notice how they did it before under support in the bottom left of the chart.

If you bail out every investment bank that gets in trouble, that’s not capitalism, that’s socialism for the rich! -Jim Rogers #quote #quotes #instaquote #trading #investing #forex

#forex #investing #quote #instaquote #quotes #trading

Buying coming in - May 28, 2013 8:45 am There is lots of buying coming in on the general market. I’ve been buying things that I wanted to get in on. This move started in Japan. Its lifted the S&P futures through that fib level resistance. The last pivot is still in control. Here is the chart.

A recent press release.

This GAP play happens often on the S&P, in my members area I will give you the exact setups to download and keep, showing you how to profit from the GAP in SPY each day. Really simple moves that work day in day out.

At a recent education class in my #trading office. All of my #traders in my premium #blog get invites to #training days I am running.

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In a strong market any move down like this in the morning the US buy’s and we have seen this over the last few weeks. So how they respond today will tell us everything. They lead and the world follows. (Until at some stage in the years to come they pass the batton to Asia.)

Momentum: Great big bloody candles moving really really fast, price slowly retracing and then running again, just use your eyes to see which way the markets are going.

#teaching #traders on a course in my #classroom, all members of Alan Rich Online get special invites to #trading days at our offices.

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The S&P futures bounced in the latter part of the day. Giving us some reasonable moves. It wasn’t brilliant momentum but enough to get something out of it. What struck me was how we need every advantage to trade now days. I use multiple platforms and accounts so if one place is playing up I can see whats going on elsewhere. Yesterday I hit one spread bet company for good profits a few times and then I noticed they kept on delaying their data on the charts to me when the momentum came in. Then when it was choppy it went back to real time. Who cares I was using my ARTS charts elesewhere to see what was going on. I was going to change accounts but it amused me to see what they were up to. When they did it I knew there was a move on. I dont know if it was just me or they did it to or everyone. Imagine poor old Joe bloggs he has a little punt on the Dow and then when it kicks off he and he gets some action he can’t cant see whats going on because his broker delays his chart feed. He’s trading blind. You have to smile. Any way here was the action in the latter part of the day.

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