TradeTheStructure

TradeTheStructure

ALK on the ASX could push higher into resistance and repeat a previous setup. Could resolve down but the Weekly chart is holding up nicely.

19:44

TradeTheStructure

European and US markets were relatively tame as traders focus now turns to the CPI data release ahead of the US open Wednesday. The USD found support to move up while Copper and Oil also moved higher on expectations for a lift in demand. Gold edged higher although is showing signs of selling pressure. Expecting a flat open for Asian markets as the Nikkei, ASX200...

19:56

TradeTheStructure

Stronger than expected employment data in the US sent bulls into a frenzy and pushed share markets higher into the weekend as recession fears eased. On the flip side, a resilient economy will flow over into inflation and mean that inflation will stay higher for longer and put further upside pressure on interest rates. US Bond yields spiked as to did the USD while...

19:26

TradeTheStructure

US indexes again came under pressure after European Indexes went lower for the session. Concerns over US regional banks and contagion into the banking sector weighed heavily on the US open. The ECB raised rates by 25 basis points as expected to follow in the footsteps of the US Fed Reserve and the RBA. Traders may be more contained today ahead of the key US...

19:53

TradeTheStructure

US indexes came under fire after the Federal Reserve raised interest rates 0.25%. Expect that Europe will play catchup and see weakness on the open. The Fed have now moved to a data dependant stance and could possibly pause in June if economic data comes in weaker...this is not so good for bulls as it would point to a weakening US economy. Gold punched up into...

16:42

TradeTheStructure

Major Indexes in Europe and the US came under pressure as traders went risk off. New banking concerns for the US weighed on the action along with worse than expected economic data. Traders will be focused now on the FOMC rate statement to see what the Fed has to say about inflation. Expectations are that the Fed will raise rates 0.25% and potentially signal one...

19:28

TradeTheStructure

Major Indexes in Europe were closed while the US ended with minor losses after drifting lower from the open. Manufacturing data out in the US came in stronger than expected which triggered (again) inflation and rate rise talk and saw USD and Bond yields spike. Copper and Oil were higher after the number, on expectations for buoyant demand while Gold pressed back...

19:58

TradeTheStructure

Major Indexes in the US and Europe moved lower as concerns about the banking sector and contagion (seeing more regional banks come under fire) reared its ugly head again. First Republic Bank dumped 30% after reporting a 40% drop in deposits which pushed the broader market lower while Tech found support after some good earnings beats brought in the bargain hunters....

19:54

TradeTheStructure

Major Indexes in the US moved lower led by the Nasdaq while Europe is expected to play catchup when they open for the coming session and open weaker. Sentiment turned sour after some key companies either missed the mark on earnings or guided down while economic data came in weaker than expected triggering recession concerns again. The action was 'risk off' which...

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...