With possible signs of tightening in supplies out of West Africa we’ve seen cocoa rebound this week. July cocoa gave back some of its gains today though as we saw the British Pound take off. The Pound was up as we waited for news from the ECB. When news broke that the ECB left interest rates unchanged today for the sixth straight month the markets were given a lift. After May’s sell off in the Pound there is plenty of upside potential to get back up to April’s levels. Continue reading "Cocoa and the Pound"→
A few weeks ago we introduced you to a friend of INO's, Aamar Shehzad. Today he's going to give our readers a tool that everyone can use daily to improve their trading.
The INO Pivotfarm Data Sheets combine useful market metrics with a very flexible trade journal all on one page. On the market metrics side of things the data sheets include, Market Profile, Fibonacci, Pivot Points, COT Reports, Retail Trader positioning, trend analysis and an Economic calendar. In the center of the data sheet is a fully functional trade journal area that you can use to type in your trades and save to review later. The sheets also contain video news updates inside the PDF! All in all a very valuable tool for 8 markets including Gold, Oil, S&P 500, Nasdaq, Dow Jones. Continue reading "A Companion For Your Trading Day"→