TradeTheStructure

20:00

TradeTheStructure

Trading and Price Action can be broken down into tow simple terms...a 'range bound' market and a 'trend' market. Being able to identify the price action early is key to successful daytrading. In the video I discuss how I like to daytrade Indexes and especially how I look to identify a RANGE or a TREND market. As there really is only TWO WAYs to trade....ie/...

19:30

TradeTheStructure

Major Indexes edged higher Friday into the weekend with both Europe and the US posting minor gains. The US had economic data out that came in stronger than expected and sent US Bond Yields higher to add further fuel to the interest rate rise narrative. Share market traders have been in a holding pattern awaiting a big week of earnings this week in the US as some...

TradeTheStructure

The USD is ranging in the near term but could easily move down into lows which would be supportive of Spot Gold and other USD denominated assets.

20:00

TradeTheStructure

Major Indexes were generally flat to lower both in Europe and the US as traders digest the UK CPI print and what may be in store for US inflation. The UK saw core CPI out at 6.2% vs 6.0% expected which is unchanged from the previous release. The BOE will not be happy with the figure as inflation remains high and they will need to raise rates further. This sets up...

20:00

TradeTheStructure

Major Indexes were again relatively flat with earnings weighing on US markets while Europe grinded higher. The USD moved lower from the start of the Asian market session which supported commodities, namely Gold, while US short term bonds continued lower as yields edged higher. I expect the Asian markets to have a muted open with the ASX200 to open flat and HSI...

19:53

TradeTheStructure

Major Indexes were relatively flat overnight as traders digest US earnings and the continued rally into Bond yields. Inflation remains the main focus along with Company Guidance over the coming weeks. The USD continued the move up which pressured commodities and USD denominated currencies. For now, traders are happy to remain risk on into shares although they are...

19:52

TradeTheStructure

Major Indexes were mixed heading into the weekend with Asian and European markets ending with gains while the US moved lower. US bond yields spiked higher and the USD found buyers to pressure up off support as the focus remains in 'sticky inflation' and more rate rises to come in the US. US earnings is under way with big banks finding buyers as they benefit from...

19:46

TradeTheStructure

Major Indexes were either range bound or weakened in Europe and the US. The DAX drifted lower from the open and the FTSE gave up most of the earlier gains into the close while the DOW ended slightly higher and the Nasdaq added to the previous sessions losses to end lower. Traders will be risk adverse coming into Easter and add to that the US employment data which...

19:45

TradeTheStructure

Major Indexes moved lower as banking concerns weighed on the US along with fears of an economic slowdown. Employment data out in the US disappointed and pointed to a slowing jobs market which sets up for an interesting Payrolls release Friday. The USD took a hit, which supported Gold, as traders start thinking of a recession. Being the end of quarter, we may see a...

19:59

TradeTheStructure

Major Indexes were mixed to start the new week in Europe and the US. The DAX was down while the UK100 was higher while over in the US the DOW was buoyed by a strong energy sector and the Nasdaq ended lower. We may see the markets drift in the coming sessions as they await the key US employment release and further direction for inflation and interest rates. The USD...

19:54

TradeTheStructure

Major Indexes ended the month and Quarter on a positive note and held the recent trend up although the price action is extended and hints at some profit taking to come. We are now into a new quarter so could see some longs unwind into the new week; add to that the spike in Oil (cough, cough...manipulation from OPEC); and markets will see some increased volatility....

19:44

TradeTheStructure

Major Indexes continue to move higher with the US supported by tech stocks into the notoriously bullish end of month/quarter 'window dressing'. We have some key economic data out ahead of the US open which will give a further indication on inflation and what we could look forward to from the coming FOMC. Share markets have been strong although the Bond markets...

TradeTheStructure

Short on AUDUSD activated so we will see if this has some legs today for a decent move down.

TradeTheStructure

Gold is looking good for a break down through 1959 to clear out some longs and drag in some sellers. Ideally I want to see a push below 1959 and then a retest for the lower high entry setup. Lets see how it goes.

19:45

TradeTheStructure

European markets rallied from the open which led to a strong open to the USD and a very bullish session. All indexes were up as stock traders went bargain hunting as they brush aside banking woes. For me inflation still needs to cool a lot further before bulls can take control and US consumers are not in a good way which may eventually weigh on markets again. Bond...

04:29

TradeTheStructure

Studying price action and reviewing should be a key part to everyones trading and will improve overall results. Many Stocks, Currency pairs, Commodities or Indexes have differing nuances and characteristics with regards to Price Action so it is worth doing the homework before entering a trade. Even though they all trade around a similar Price Action Framework,...

19:51

TradeTheStructure

European markets gapped up and then saw a slow grind lower while the US could not take out the previous sessions highs and also moved lower into the close. The US was weighed down by big tech as inflation and rate rises are again the main focus. US Bond yields continued to press higher which weighed on tech stocks and the overall broader market. Elevated Consumer...

19:21

TradeTheStructure

European markets bounced back to finish higher and provide a stronger start to the US session. The US was mixed with the DOW higher while Tech was lower as traders now re-focus on inflation and higher interest rates. This can be seen through support into the USD and higher US Bond yields. As the banking crisis takes a backseat in the news, I expect traders will...