Archives for September 2016
The November US elections have now really started to take focus and have an even bigger hold on the future short term and longer term direction of the markets.
The other back story is US interest rates, now with a 58% probability that they could rise in December, which would have a significant impact on struggling Emerging Market countries as well as the US Dollar and domestic equity markets. [Read more…]
Ichimoku is a unique trading tool for analysing any asset in any timeframe. To the outside observer, at first glance it looks a complete mess. Untangle it though and you have a straightforward and very powerful all round trading system that can seriously boost your trading results. This blog presents a simple overview of this system, building up the tools of Ichimoku using the S&P 500 Stock Indices as the base example, hopefully giving the reader an initial starting point on their journey into a unique part of Technical Analysis. [Read more…]
It’s all about Wednesday this week – in the early hours Japan announces its monetary policy statement which, if there are any surprises, could significantly shift the markets. Much later in the day, the US announce their interest rates. Although the market is only pricing in a 12% probability of a rise from 0.5% to 0.75%, this is actually one of the best chances that Janet Yellen has to increase them. To round things off, New Zealand announce their rates, which are likely to remain unchanged at 2%. [Read more…]