Gold and Silver made dramatic moves on Monday 1 December 2014. The Swiss voted "no" to their central bank holding more Gold - which initially caused panic selling of both Gold and Silver. But then the Pro's stepped in and bought up the panic. Now we've got a blue Professional spike down bar. We need to break the Highs over the next couple of days to prove the Pro's were buying the dip.

Gold and Silver made dramatic moves on Monday 1 December 2014. The Swiss voted "no" to their central bank holding more Gold - which initially caused panic selling of both Gold and Silver. But then the Pro's stepped in and bought up the panic. Now we've got a blue Professional spike down bar. We need to break the Highs over the next couple of days to prove the Pro's were buying the dip.

We've got Exhaustion selling and End of Trend signals going off on Gold, Silver and the Forex charts. That could mean we'll consolidate and bounce a little from here. We've certainly run a long way and the latest Bank of Japan QE news caused the extreme moves we've seen in the last couple of weeks

We've got Exhaustion selling and End of Trend signals going off on Gold, Silver and the Forex charts. That could mean we'll consolidate and bounce a little from here. We've certainly run a long way and the latest Bank of Japan QE news caused the extreme moves we've seen in the last couple of weeks

RAMBO stands for (potential) Reversal of AMateur BreakOut. This pattern is generated when we break to new Highs (or Lows) and the activity is being driven by the Amateurs. This is potentially unstable and no to be trusted. At the moment it's showing lack of Professional demand and support - maybe because they all got in on the sell-off 3 weeks ago. Anyway, we could get a little weakness before the seasonal Thanksgiving pattern sets up.

RAMBO stands for (potential) Reversal of AMateur BreakOut. This pattern is generated when we break to new Highs (or Lows) and the activity is being driven by the Amateurs. This is potentially unstable and no to be trusted. At the moment it's showing lack of Professional demand and support - maybe because they all got in on the sell-off 3 weeks ago. Anyway, we could get a little weakness before the seasonal Thanksgiving pattern sets up.

I can't trade the US time zone, what should I trade? I get this question by email frequently, so I decided to record a video answer. Correlations between markets have steadily risen since 2008 and so the choices open to traders have narrowed. Remember to pick a market that is liquid, volatile and electronically traded.

I can't trade the US time zone, what should I trade? I get this question by email frequently, so I decided to record a video answer. Correlations between markets have steadily risen since 2008 and so the choices open to traders have narrowed. Remember to pick a market that is liquid, volatile and electronically traded.

The single most important driver of property prices, that no one ever talks about, is increasing LVRs by the banks. We've gone from sensible, traditional banker type leverage ratios of 50% to 90% and beyond. This has been the single most important driver of house prices around the developed world.

The single most important driver of property prices, that no one ever talks about, is increasing LVRs by the banks. We've gone from sensible, traditional banker type leverage ratios of 50% to 90% and beyond. This has been the single most important driver of house prices around the developed world.