A record 46.5 million voters have signed up to weigh in on today’s referendum, which brings up one, single question: “Should the United Kingdom remain a member of the European Union or leave the European Union?” With the establishment opposed to BREXIT and the banks telling their employees to vote “No” to remain in the EU, […]

Cameron’s lies that Britain will suffer if they leave the EU are rather astonishing. The EU has the most to lose on so many fronts and it is rather alarming that the press does not tell the truth. Forget the imports/exports that are just under half of the trade between the two. Trading would never stop […]

A mixed session in Asia as the Nikkei could not escape negative territory, whilst Shanghai and the Hang Seng both provided positive returns. The Nikkei lost 0.65% while Shanghai and HSI gained 0.95% and 0.6% respectively. The JPY flirted with a 105 handle but was rejected and that rejection has gathered pace as European equities […]

COMMENT: Hello Mr Armstrong, Well, now it’s official : the french government has banned a massive trade unions demonstration that was supposed to take place tomorrow in Paris. So a socialist government did what has never taking place since 1962, during the Algerian War. It is very significant because it’s a left leaning government that […]

The majority of the volatility within Asia appears to be concentrated within the Nikkei and the JPY. The Nikkei opened around 1% lower as the currency gapped to the 103 handle, but by the afternoon session it recovered as JPY retraced. Shanghai really could not provide any guidance as that market continues to drift lower. […]

The weekend BREXIT poll shaped markets as soon as Asia opened today. The GBP bounced 1% from the open while global equity markets followed with DAX, CAC, Nikkei, Shanghai all over 2% better than the Friday close. Treasuries and Gold saw profit-taking as we saw a 1% decline from the opening bell. Japan did release Im/Export […]

If everyone in Britain were to vote on whether to kill the pound and adopt the euro, I seriously doubt there would be more than a 10% vote for such a decision to end the pound. Many say if they had to end the pound, they would prefer the dollar to the euro. Yet, this […]

The Private Blog is for the specific Reversals. There are some things that we do not want to broadcast to the world when it comes to trading. Real professionals NEVER divulge their position unless they are trying to set others up. Each manipulation is played with one person out front. The bulk of the people […]

A little light relief for markets ahead of the weekend with core Asian equities clawing back some of momentum lost earlier in the week. The Nikkei did manage a 1% bounce whilst the Shanghai and HSI closed 0.5% higher. Much had been expected of this week given all the Central Bank activity but we head […]

The Dow was doing well with the prospect of a rate hike until the Jobs Report. While on the one hand it appears that the Dow has declined because the Fed failed to raise rates, there is something else lurking behind the curtain. The Reversals are working perfectly defining where trends breakout and where they […]