Brent Crude Oil Market Analysis

All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.

Welcome to a quick educational Macro Top Down Market Analysis on Brent Crude Oil from the yearly bars zoomed in to the monthly bars. The Top Down perspective is very important to understand the overall market context. The market is telling a story and you have to be able to read this with various timeframes and tools.

Let's starting with the yearly macro chart. Currently we trading outside of this balance zone that occurs since three years. Also, the low from two years ago got taken out. The bar from two years ago was a ouside bar and gave us the first heads up for a potential change in market context.

Moving forward to the quaterly bars we can obtain some more zoomed in informations. The market is trading below the bracket zone now and is not an inside bar anymore (orange shadow). We are heading towards to the next marked potential support are on this timeframe.

To mention is also the break out of this quaterly wedge here:

Next is the monthly bars chart. We can observe a five months one-time-framing lower market. Marked on this chart is a potential support area confluent with the 61.8% fibonacci retracement level. Overall this market is very bearish rated with the informations so far.

Anyway, we will take one more quick look at a weekly bars chart with installed EMAs. We are one-time-framing lower since several weeks here and the 5EMA is been successful rejected. So the short-term-trend with the 5, 10 and 20 EMA is intact as well as the long-term trend with the 50 and 100 EMA.

You can see how much market generated informations we can get out of plain market charts. We could now move forward to analyze the market with various tools like VWAP, TPO profiles or price channels to better understand the overall market story as well as moving and touching base on smaller time frames to identify some potential trade opportunities combined with a strategical risk management. You can learn more about all this in our trading education.

Enjoy your success!

Gold Top Down Market Analysis

All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.

Let's take a quick look on Gold with an educational top down market analysis view. Firstly as always we observing the monthly bars chart. We can see a three month one time framing lower market and last month's low got taken out as well. Also, the market trading below the drawn balance area and testing a potential support area. So in this monthly bars perspective the market is more on the bearish side:

Also, with in this way drawn Price Retracement tool we have a potential support level here:

With the informations from the monthly chart let us moving forward to the next periodicity: the weekly bars chart. Last week closed strong in the potential support area. We are one-time-framing lower here as well. The current week is an inside week as the market did not took out last week's high or low so far. Drawn is also a bracket area but we broke that clearly two weeks ago.

Next one is the daily bars chart. Here we can identify a balance area and three inside days including the current one. We had a outside bar three days ago and this could be a first sign for a change.

Let's take also a look with installed Exponential Moving Averages (EMA). Firstly with the weekly bars chart. Short term trend with 5, 10, and 20 EMA is intact:

On the daily perspective the long term trend with 50, 100 and 200 EMA is intact. Currently the market battle around at 5EMA but finds resistance at the 10 EMA.

With the weekly VWAP and intra-day VWAP we could lean us on the value extremes as the Gold market looks very rotational currently. Let's careful observe a break out of the daily balance area, we'll see what happens then.

To learn more about our Top Down Analysis process as well as our VWAP Trade Methodology combined with a strategic Risk Management you can visit our Trading Community. With daily recaps and a trading education section you can learn alongside like-minded traders. We looking forward to see you in our community!

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EUR/USD Market Analysis

All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.

Amazing short move in EUR/USD today. Let's take a quick look on this market with a top down analysis combined with a nice trade opportunity to catch this straight move down.

We beginning like always with the macro monthy bars chart. The market one-time-framing since 6 months lower and last month's low got taken out as well. The market could reach the next support area.

On the weekly bars chart we can identify a bracket area. This week opened at the lower line of this balance area, took out last week's low and trading below the bracket currently. Here is the next potential support area marked as well.

Moving forward to the daily chart we can observe how the previous day's market took out the low from two days ago and closed below the bracket area. Today the market rejected the balance area low and took out yesterday's low as well as the low from three days ago.

Now to the trade opportunity for today. Observing the weekly TWAP we can see how the market trading below last week's value, found resistance at this week's developing value high and moved streight through the DTWAP and DVAL.

With the more bearish HTF informations as well as the knowledge about the potential resistance at the weekly developing value high a trade as soon as the market got back into value with a stop placement above today's high made sense. Logical scale target would be the other side of weekly developing value.

With that said, we hope you've benefit from today's market action in EUR/USD and if not the next opportunity will arrive for sure. In the meantime you can visit our trading commmunity to learn more about our trade methodology and risk management approach. With our premium education content you can acquire knowledge about a tactical and strategic position management with logical stop as well as target placments.

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The Private Banker Experience

You do not have any experience with The Private Banker and his trading education? Read some feedback from our valuable members and clients to get a sneak peek in our hard work.

Matt from Louisiana writes:

The most comprehensive, no-nonsense resource I have found available to those seeking educational content for learning auction theory and how to make sense of the futures markets is The Private Banker. From top down context analysis to techniques on how to manage risk, the material available here has truly brought my knowledge of trading to a much higher level. The supportive community members, of all experience levels, makes the forum a unique, and invaluable learning experience!

Thank you very much for your kind words Matt!

Take the time and read some more insights on our feedback page.

And if you have any questions about our services please don't hesitate to ask us: contact [at] leprivatebanker [dot] com

We are more than happy to answer your questions.

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E-Mini S&P 500 Market Analysis

All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.

This is a quick preview of a market analysis form our trading community. With an elite membership you can read some more market insights from the community and download the analysis chart templates as well as tools we using in our daily trading.

With that said, let's take a look on some HTF (Higher Time Frame) charts. On the weekly bars chart we can identify a strong close above the 50 EMA some weeks ago and since then we are one-time-framing higher. Last month's high got taken out from the current month as well. The short term trend with 5, 10 and 20 EMA is intact as well as the long term trend with the 50, 100 and 200 EMA.

This week found support at the previous week's VAL close level. The market moved back into value, tested the developing value low and pushed to the other side of extreme (DVAH). Currently we are balance around in the upper developing value with support from the weekly VWAP.

For more insights visit the Sunday Night Homework thread or the Top Down Technical Analysis category. As mentioned you have only access to this posts with an elite membership or premium membership.

To better understand the various trading terms like VWAP, VAL or HTF visit our trading glossary of trading terms.

Enjoy your success!

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Crude Oil Market Recap

All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.

Let's take a quick look on Crude Oil's market action from today. On the weekly bars chart we heading towards to the next support area after breaking the one that held three weeks.

On the daily chart we can observe a break out from the balance area that held 13 days, so we are one-time-framing down now. Long-term and short term trend is intact.

We moving forward to the weekly VWAP as the monthly is the same currently. We are trading below last week's value close area as well as below the developing value. A nice trade opportunity established after we tested the developing value low. In the meanwhile we are back in value again.

The RTH market opened with a huge gap down and as we know gap days tend to be rotational and we should lean us on the value extrems in such cases. With the bearish HTF in mind a short trade at the developing value high that was confluent with the weekly DVAL made sense. Stop placement above value and as target the other side of extreme (DVAL).

Here a quick view on a HTF chart. Potential support area?

For a more indepth analysis and informations please visit our trading community. Alongside with market recaps and a live market discussion room you can learn our trade methodology with the premium trading education.

We hope all Crude Oil traders done well today!

Stay strong and happy!

Trading Book Recommendation: Brett N. Steenbarger

In this week's Trading Book Recommendation post we are highlighting Brett N. Steenbarger.

Brett N. Steenbarger, PHD, is Associate Professor of Psychiatry and Behavioral Sciences at SUNY Upstate Medical University in Syracuse, New York. He is an active trader and author of the popular TraderFeed blog as well as coaches traders in hedge funds, proprietary trading groups, and investment bank settings. Also, Steenbarger received a BS from Duke University and a PhD in clinical psychology from the University of Kansas.

His brilliant trading psychologic books brings your trading to a higher level and more importantly you will understand more about yourself and your behavior. In our opinion this books can turn your daily trading in the markets into a journey to yourself to be aware of and to refine your personality. With that said, here are three great must-read books from him:

THE DAILY TRADING COACH
Every trader is an entrepreneur. And just as a new business must capitalize upon the strengths of its founders, a career in the markets crucially hinges upon the assets—personal and monetary—of the trader. As an active trader and a coach of traders in hedge funds, proprietary trading groups, and investment bank settings, author Brett Steenbarger has helped others see the personal assets they have possessed all along: those that can pay a lifetime of dividends. In The Daily Trading Coach, he provides the tools to help you prioritize both your trading goals and your life—and become your own trading psychologist.

ENHANCING TRADER PERFORMANCE
Trading is a performance discipline, and like Olympic athletes, elite military troops, and performing artists, traders can structure their development to achieve competence and expertise. Through his own trading experiences and those of individuals he has mentored, Dr. Brett Steenbarger is familiar with the challenges thattraders face and the performance and psychological strategies that can meet those challenges.

THE PSYCHOLOGY OF TRADING
Behavior is patterned. Beginning with this premise, noted clinical psychologist and active trader Dr. Brett Steenbarger opens the therapist’s door, demonstrating how traders can identify, interrupt, and change the problem patterns that interfere with successful trading. In The Psychology of Trading, Dr. Steenbarger draws upon real–life case studies and offers hands–on techniques for emotional change to assist traders in becoming their own therapists.

Learn more about the books on our Recommended Brett N. Steenbarger Books page.

Stay happy!

Natural Gas Top Down Market Analysis

All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.

Welcome to our quick educational Top Down Market Analysis for Natural Gas. We are beginning with the monthly bars chart. We can identify a somewhat of balance area here after we broke the upper bracket area. The new month opened far away form last week's close.

Let's zoom in to the weekly bars chart now. The new week opened with a gap up and we are inside of the weekly balance area. Test of the balance area high should be probable. We'll see what will happen there. Last week has ended the three week one-time-framing down market with an outside bar. The outside bar was a first heads up for a potential change. Actually we took out this week's high with this gap up now.

We are also opened above the short term trend EMAs 5, 10 and 20 installed on the weekly bars chart.

Moving forward to the daily chart we can observe a five day one-time-framing market including today's gap-up day. Also, we are far away form the short term trend EMAs.

Gap days tend to be rotational, this means we are lean us on the value extremes like DVAH and DVAL to trade from one extreme to another until we break out of the range. We can nicely observe this behavior on the intra-day VWAP from today.

Be careful to trade this market on a intra-day perspective but it is great for analysis purposes to understand the higher time frame story and to improve the feeling of identify the path of least resistance. Sometimes it is great to play around with some other markets to sharp our senses with our analysis tools.


Stay happy!

What is VWAP, VAL, VAH, Bracket etc?
Take a look into our Trading Glossary.

You want learn more about our Trading Methodology?
Visit our community site or website to learn more about how we trade day-to-day. With an elite membership for example you can read some more indepth educational analysis posts and download our chart templates for Sierra Chart and NinjaTrader.