commodities Archives -

04/08/19 August and the week ahead

August 4, 2019 by The Stop Hunter Leave a Comment

I’m back from a short summer break and ready to get stuck in to August after a positive July’s trading results.

The month starts in a bit of a mess globally, with a US interest rate cut (maybe not as large as some wanted) by the FED, inversely impacted by Trumps enthusiasm for more China tariffs and US stocks at the tail end of an interesting earnings season. On top of this it’s looking like a hard Brexit is looking more lpossible and we’re still seeing continuing troubles in the Gulf. All makes for a fun start to the month!

FX longer term currency strength strategy: Bearish: #NZD #AUD, Weak Bearish: #GBP, Neutral #EUR, Weak Bullish #USD #CAD, Bullish #JPY #CHF.

Indices: Volatility strategy: All global majors in bearish territory currently with volatility levels increasing. Seasonality strategy: bearish #SMI $GER30, bullish #bovespa, $NSDQ100

Commodities: COT strategy: $OIL $COPPER $NATGAS bearish. $PLATINUM weak bearish. $SILVER weak bullish, $GOLD bullish. Softs: #Cocoa #Cotton #Coffee bearish. Seasonality: $GOLD #Wheat bullish, $COPPER #Palladium bearish.

I will be deploying some further proactive trade and portfolio management enhancements that will make trading look more active and slightly different to the last couple of months.

Regards
Stephen

A systematic trading approach: 1 year, over 1000 trades, and nearly a 300% return…….

May 11, 2018 by The Stop Hunter 2 Comments

A systematic approach to trading

The FinTech arm of our business started in mid 2016, built on the foundations of many years of experience working for banks, brokers and trading houses. We take on many different assignments in this space: We design, test and build systematic trading systems and analytical tools. After initially coming up with an idea for a technical analysis based trading system, testing it on a couple of assets and getting amazing backtest results toward the end of 2016, we decided to do something a bit different and create an all encompassing systematic trading approach that we could trade for ourselves using our own money, and truly put our ideas to the test!

We decided from the outset, that once live, we’d run it for one whole year and then publish what we found. This article outlines our year of trading the system, the background to it, issues and problems we faced and most importantly, the end financial result (which is sort of given away in the title!)

[Read more…]

Chart of the day: 09/05/17 AUDUSD

May 9, 2017 by The Stop Hunter Leave a Comment

The Australian Dollar (-0.53%) has been giving back strength since mid March’17 as commodity prices have disappointed and major business partners like China have shown a lesser appetite for Australian products and resources.

In the longer term momentum looks weak with the possibility of price now it looks to have broken some key Fibonacci / resistance levels possibly targeting another important Fibonacci target at 0.721? Price since Mar 2016 has been playing in a volatile range between 0.77 and 0.72, so a test at those lows may prove significant. If price does find support at those lows then the chances are price will head once more back into this range.

In the shorter term ahead of todays budget, AUD looks to be holding between the S2 and S3 pivots around the 0.73’s (also just above a longer term Fibonacci support line), waiting on its outcome before deciding to take another move.

Can anyone trade the financial markets?

December 1, 2016 by The Stop Hunter Leave a Comment

If you had asked me this question 10 or 15 years ago, the answer would have been no. Trading was traditionally something that only those working on trading floors in the City of London could do. However, due to advances in technology and the vastly reduced cost of providing it, the financial markets have now become accessible to everybody. If you have access to a computer and the internet, you can open a broker account and start trading the global financial markets in under an hour. [Read more…]

This Week in the Markets 24th October 2016

October 29, 2016 by The Stop Hunter Leave a Comment

Pessimistic Bear It’s hard to find anything to get excited about at the moment, that’s not based around the same old stories: US elections, Brexit & China.

One of the more interesting stories that may influence the UK financial sector stocks over the next few weeks, is the British Banker’s Association warning that banks may relocate outside of the UK. It’s possibly just more scare mongering – we’ll see! [Read more…]