Commodities see broad-based rise on economy optimism – The CRB index has seen a rise of 5% over the past week as optimism about economic activity and a slightly weaker dollar has helped direct investment flows into commodities, Saxo Bank’s Ole Hansen told Trading Floor. Positive manufacturing data from US, Europe and China has helped commodities more or less across the board, while doubts about European sovereign debt has meant that last week’s Euro rally was short lived. Crude has performed well, gold is grinding higher and copper breached $8000 on hopes for economic improvements.

FOREX VIDEO – London Session Review – May 6, 2010

Although the EUR/USD continued on it’s merry way downward from pre-London into London itself, one can’t help but look for any clues/opportunities to sneak into a counter trend spot/scalp back up on the EUR/USD at least on the short term. With NFP tomorrow morning, and quite a solid extension this week on the EUR/USD drop, a short term counter seemed feasible. In this video I discuss how we setup for a possible counter trend trade, what we looked for, and how we entered/exited the trade for a 50 pip profit/20’ish pip risk sort of move before the short continued again. FXBootcamp London Currency Coach- Christian Stephens

Forex Trading Analysis Using Ichimoku For Week of October 17

Click here for more info and upcoming schedule of events: Ichimoku Kinko Hyo (Pronounced Ichiii…Mooooo…Kuuuu) is a technical trend based system that powerfully illustrates support and resistance values in a simplified form and is considered an extension of the very popular candlestick charting system. In fact, this system was built on the idea that at “one glance” you should be able to easily determine whether an instrument is in equilibrium (consolidation) or out of equilibrium (trending).

FOREX VIDEO – London Session Review – May 4, 2010

Pre-London kicked off some USD strength along with some Japanese Yen strength. This led us to focus on four setups as London trading opened up, two of which reached our entry plan pretty much spot on. In this video I show first why we looked to short the Eur/Usd and Eur/Jpy in the first place, then what and why we were awaiting our pullback entry zone. Then ultimately our execution of the trades, and reasons for subsequent profit taking. Very successful London session that just continued what began in Pre-London. FXBootcamp London Currency Coach- Christian Stephens