A quick note today where I want to highlight the difference between a good looking chart and an ugly chart.  To be clear I only go for the pretty ones!  So, what constitutes pretty?    Clear support or resistance.  An absense of long-tailed bars.   We want charts t... [More]

Before I start, remember, we have my OVI Traders Club webinar tutorial this week.  It will be recorded, so either be sure to attend or watch the recording.  Here's the link if you haven't registered yet.  Ok, back to some key learning.  Markets either go up, down or sideways. &nb... [More]

Quick announcement - some of you may have noticed new improvements to the OVI Traders Club website, which has been keeping me busy.  There are more to come and I'll be reviewing them with you in the next few days.  Now onto the markets ... The market has enjoyed a recovery of sorts ov... [More]

There's an old expression in trading that says, "Let the market tip its hat ...".  The meaning is essentially "Let the market show you where it's going".  It's a nice little saying but when I started in this game, how on earth could I tell where the market was likely to go as a novice trad... [More]

Quick market update ... the main indices have snapped back sharply today.  This is typical behaviour after a decent drop - we'll know more in the next few days, but if you were short you easily had enough time to bank decent first profits.  Regarding the Facebook (FB) launch, I'll talk mor... [More]