A Short-Term Warning For Gold Bugs Sentiment models are flashing caution for gold again. The Commitment of Traders data chart below shows the large speculator (hedge fund) net position in gold bullion, readings are moving into the crowded long zone despite the recent ... Go to Full Article

Active morning I didn't manage it well, over traded, got focused too much on 10sec chart movements and miss big picture. First I short in strong down move just when it stop, I was -15 instant. So, I was happy to run out around b/e plus some. ... Go to Full Article

Sunday chart scanning summary I did not have a chance to trade for the past week. My day job is getting ridiculously busy. Most of time, I miss out Asian, London session totally. Well, it happens sometime. Next Saturday, I will be flying to Malaysia for a 2-week ... Go to Full Article

Forex Trading: USDJPY 100 day MA at 104.11. The 100 day MA is being tested. Stocks under pressure. S & P cuts Lehman, Merrill, B of A, Wachovia. Hurting the Dollar. Go to Full Article

Forex News: Fed's Lockhart on the wires SAYS PACE OF HOUSING DECLINE IS SLOWING; SAYS MARKETS MORE SETTLED BUT STILL FRAGILE; SAYS LABOR MARKETS ARE WEAK, BUT NOT COLLAPSING; EXPECTS FALL-OFF FROM CURRENT LEVEL OF INFLATION; ATTENTIVELY MONITORING INFLATION EXPECTATIONS ... Go to Full...

Forex Trading: USDJPY approaching 50% retracement support The USDJPY is approaching the 50% retracement level of the recent move higher. That level comes in at 104.31. The pair has been back and forth over the recent history with a false breakout on the bottom and top ranges. ... Go to...

Forex Trading: GBPUSD finds support on the dollar weakness The GBPUSD found support after the 10:00 AM numbers at the 50% retracement level again - falling to 1.9599 but bouncing quickly. The pair has 38.2% retracement resistance now at 1.9662, but it seems like the pair will not have a...

Forex News: ECB Juncker on wires Expresses concerns about the current high inflation. ECB credibility has helped anchor inflation expectations. Go to Full Article

Forex News: Data on PMI and Construction Spending better than expected PMI rises to 49.6 versus 48.5 expected. ISM prices 87 versus 85 expected. read more. Go to Full Article

Forex Trading: GBPUSD tests 50% retracement level The GBPUSD tested the 50% retracement level of the last move higher this morning and bounced (from the low on May 14th to the high on May 23rd). The level comes in at 1.9608. The pair has been able to trade to 1.9595, ... Go to Full Article

Forex News Preview: US Construction Spending due out at 10:00 AM EDT read more. Go to Full Article

Bobby's Corner Market Open 6.2.2008 Monday June 2, 2008. Good Morning:. read more. Go to Full Article

Forex Trading: EUR/JPY continues to get sold off as GBP/JPY ... EUR/JPY continues to get sold off as GBP/JPY resumes its offered tone. Next technical support level is 162.65. With JPY as bid as it has been all night, that doesn't seem too out of the realm of possibility. Go to Full Article

US Economy is Improving EUR/USD fell by more than 60 pips today as the fundamental reports from US signaled that the economy is improving there. Construction spending was expected to fall by 0.6% in April; instead it was down only 0.4% after 1.1% drop in March ... Go to Full Article

Profitunity Study Manual by Bill Williams and Justine Gregory Williams A new Forex related ebook is now available for download — Profitunity Study Manual. If you are still unfamiliar with Bill Williams’ theory of the chaos trading, this ebook will help you to understand the most...