Double top and beginning of wave C Looking at the DAX on a monthly chart below, we are seeing rejection of the 161.8% extension, forming a Double Top pattern with divergence on RSI. Minimum Price Objective (MPO) target is 7000, but there is a very strong old resistance, support area around 9000 level. Elliott Waves are showing the end of … Continued
Anton is an accomplished Director at Markom Development Ltd where he combines cross functional competencies in staff management, operations planning, customer retention and strategy development. BUT, his passion is for trading!
Although already having a BA from the University of East Anglia in Cross Cultural Communications with Business Management and a MSc from BPP University in Business Management with Project Management, in 2017 Anton enrolled on a course in trading at The London Academy of Trading. Here he attained a Level 5 Diploma in Financial Markets Trading and has been trading the financial markets ever since.
Anton has over 2 years of trading experience managing his own portfolio, which consists of Forex, stocks and commodities. His trading timeframe ranges from intraday to multi week holds.
He is still always looking to learn and regularly attends the events at the Society of Technical Analysis and currently trades at the offices of the London School of Wealth Management, where he also assists in some mentoring.
Under Armour (UAA) is the developer and distributor of footwear, accessories and branded performance apparel. Due to extensive marketing in Hollywood movies by leading actors, Under Armour had a massive rally from $1.51 in March 2009 to $52.87 in September 2015. That was quite a spike with amazing returns for investors. Elliott wave analysis Elliott … Continued
Crypto currency has a reputation for ‘get rich quick’ and, therefore, attracts many new traders. Since its inception, Bitcoin became one of the biggest bubbles in recent market history that burst during December 2017 after hitting the astonishing $20,000 mark. After continuously losing ground all the way down to $3000 level, we are looking at … Continued
With a bullish start to 2020 for many commodity markets due to the escalation in tensions between Iran and USA, we see potential for the start of the new bull market in platinum. Looking at the chart from a purely technical perspective, a confirmed trend line on the weekly chart has broken, with a solid … Continued
After the airstrike on Iran from USA sanctioned by President Trump, the week turned into quite a roller coaster. The threat of war with Iran has created a fearful first week in the market, as safe havens surged with Gold and Silver gaining around 2.4% and 2.7% respectively since the start of 2020, with investors … Continued
Any experienced trader will tell you that in order to succeed in the tough environment of trading, you must develop a mental framework that allows you to trade your strategy dispassionately, like a machine. 80% psychology and 20% skill, that is the ratio that I found is the key to trading. Talking with many other … Continued
After a bad IPO and falling stock price, we might finally be seeing a bottom at the end of the year. Overall, UBER had a very disappointing year, not to mention license problems in London and cases of sexual assaults. As 2020 starts big investors will be looking to invest in cheaper stocks and hold … Continued
The cannabis industry has exploded, since Canada legalized the formerly illegal drug, now with some big US states legalizing it. Thugs has sent a wave across the world and sparked a debate for more countries to legalize cannabis. This is a massive market worth billions of US Dollars every year. The chart in the technical … Continued
Looking at GBPUSD, the pair is waiting for the results of the election. While GBP surged on polls showing Tories dominance, they need 320 seats for a majority. YouGov’s latest findings suggest the Tories winning 339 seats, Labour 231 and Lib-Dems 15. The seat-by-seat system gets Tories 43% of the vote and Labour 34%. The … Continued