DiNapoli Trading Blog

Back in September last year I did a blog post with an outlook for higher gold prices – click here for the original post. At that time gold was trading around 1250 and we are now some $200 higher and approaching major resistance levels.

This up-to-date quarterly chart . . . Read More: Gold Update

Last week I posted a follow-up on Cable and my conclusion – at that time – was to stick with my earlier analysis. The market has shown its hand since and as with any trader deploying a judgemental trading approach I must be willing and able to change my mind if presented with a . . . Read More: Cable continued – be prepared to change your mind

Back in early February I posted a short note with a monthly chart on GBP-USD and hinted at the picture I saw on the weekly chart and how this might lead to higher prices for cable. We are a small amount higher now and I see no . . . Read More: Cable follow-up

Here is a quick summary of a stock trade carried out according to the standard DiNapoli trade plan. Ticker BSX came up on some scans I had been running a couple of weeks back so I started with the monthly picture:

Monthly uptrend, cleaned out some longs so I take a look . . . Read More: Stock trade on BSX – standard context and entry example

I recently had an example of what I call a hit n run trade. Sometimes there are charts that come up in scans and you see a special situation in play. For me, a special situation is any kind of market action that will provide me with a market bias but does not fall . . . Read More: Special situations or hit n run trades