Insiders are shorting – or betting against – a major world currency, the Euro (EURUSD). This is according to the latest commitment of traders (COT) report. Whenever this happens, I get interested, because that is how we can spot major potential opportunities. For example, a few months ago I told my…
Here are the next key levels to short the Euro as discussed by Alessio Rastani and Zak Mir. The video also discusses the potential Elliott Wave count on the EURUSD:
Brazil has seen a lot of attention recently due to the World Cup games. Let’s be honest. So far, very little about this year’s World Cup has been predictable. England, Italy and Spain who were the favourites to go through the first round have all been eliminated. Even though the…
Watch this short 3-minute video: I am bearish on bonds for the long term and in fact I have been shorting bonds since they topped back in early May 2013 (see video below). However in the short term I am looking for a bounce or a pullback in order to…
Here’s a question for you. What’s so special about a chart signal when one line crosses above another line? The answer is not much… Except when it occurs on the markets’s Volatility Index (VIX) – also known as the “Fear” index. Whenever this signal has occurred on the VIX “fear…
According to reports (see video below) the smart money has reached a record net short position against the stock market (Dow and Nasdaq). But what will this mean for stocks? Will it result in the long-awaited correction in the stock market? Video will take a look at positions to short…
The Australian Dollar (AUD/USD) has just recently fired a bearish squeeze on its weekly charts! A “squeeze” is a PULSE movement which is like releasing energy or momentum into the markets. This “pulse” occurs when markets shift from a period of low volatility to extremely high volatility. But what does…
As we mentioned last week, a temporary “bounce” or correction on the gold sell-off was expected. So far gold has managed to retrace 50% of the decline from the 9th April highs. Gold faces further resistance at 1500 (which is both a round number and the 61.8% fibonacci level). I…
An interesting development announced today: Goldman Sachs analysts have slashed their 2013 forecast for Gold prices from $1610 to $1545, and for 2014 from $1490 to $1350. In fact they have predicted that Gold will close at $1270 an ounce in 2014! Either this forecast is reliable, in which case…
The trade set-ups that I am looking to use are for shorting Gold and Silver, and here is why: