Hello Everyone, The past few sessions seem to have brought about change in the copper futures market. In the below news letter we seem to find sufficient evidence to start to change our trading system to react to changing price action. Remember to sign up for our mail listing to be the first to receive our news […]
Hello everyone, Here is our latest newsletter. To join our mail listing please send a request to cbaker@ascendantcap.co.uk Newsletter 24-3-13
Hello everyone, We have been very busy here at Ascendant and to help keep our followers up to date with everything we have decided to post Newsletters, almost, bi-weekly so please send your contact information to cbaker@ascendantcap.co.uk to be added to our mail listings to receive the newsletter the moment they are published. Newsletters will also be published on […]
What a roller coaster last session starting with Empire Mfgt data blowing past expectations but Fib levels held on pushing prices lower only to rebound to end the session with an interesting doji on the daily. However, we are still not convinced that this last few hour push in the Globex market will carry into […]
I have said this once and I will certainly say it again, “History Might not repeat, but it sure does Echo”. But at some point that echo will fade and become nothing but noise. This is the most in depth look into price action we have done, and by all hopes, will be the last […]
Copper closed outside its triangle for the first time in 5 months with heavy volume. The fact it shrugged off disappointing GDP was a positive sign. RSI has broken out of its triangle and MACD seems to be moving upwards. HOWEVER, the first triangle was broken at the start of the new year and that resulted in […]
So we blew outside of the Triangle on the first full trading day of the year, following equities, which is refreshing as Copper has lagged all year compared to equities underscoring real flaws that can seem trouble some. After breaking the range, copper has hugged the upper resistance down trend line but I think the […]