Gold has again set a record high, having increased for five days in a row.  Last night it traded up into the $1506s per ounce – an all time high. The Aussie Dollar made huge gains after two weeks of consolidation. With a trading range of over 200 pips, it was the biggest move since [...]

G’day Traders, One common market saying is that “no one is bigger than the markets”. We have seen an example of this when the Hunt brothers attempted to corner the Silver market in the 70s (I think) and I have witnessed it in my own trading. But at the same time, I also recall many [...]

G’day Traders, While all the ‘experts’ thought the RBA would raise rates, I thought they probably wouldn’t and wasn’t too concerned. Why? Because everyone had their heads in the sand if they didn’t realise how high the Aussie is. This is what really gets me about these experts. They look at just one thing – [...]

G’day Traders, I ask you this question because sometimes we forget how the Australian stock market works – and how our currency works. You see when anything bad tends to happen the AUD and the ASX200 tend to cop it. You see, we have been living in a world of correlations of late where if [...]

G’day Traders, IF you are an Options trader make sure you have no unwanted stock positions today – you need to contact us as soon as possible if you have a stock position, especially if you use Trade For You. If a client has an unwanted position and doesn’t advise us then we can’t be [...]

G’day, Today I woke up in Sydney as I am doing a course here over the weekend – something I am really looking forward to and am disappointed as it will be a once only event. However, it’s a good time to be positive and relaxed about trading. Nothing much happened overnight, so in my [...]

G’day Traders, This morning I was feeling a bit slack – just like the markets I guess. With the positive spin everyone was putting on the re-floating of the Chinese currency yesterday, to see it start strongly, then fall and finish lower shows me the market is running out of energy. When positive news can’t [...]

G’day traders, I have just arrived in Europe tonight after a comfortable flight from New York to Vienna, and I am now in the Czech Republic. The markets are still open in the US right now, but have just moved above some strong resistance so it’s great for everyone who is long. The EUR has [...]

G’day traders, We have just left The Rockies and I am now back in Denver – about to share dinner with a client from the conference tonight. It’s considerably hotter here than in Vail even though we are still a mile up. Today I had some great training here at the conference – it went [...]

Well that’s a pretty strong statement, but I don’t think yesterday helped with fund managers jumping in to buy ‘undervalued’ stocks Good Morning, This morning I woke up in Adelaide. Shock horror – it started raining when I came in last night. I had a great steak, unbelievably good wine, one of the best coffees [...]