Anna's Financial Market Analysis

Following the wild gyrations of late August, the VIX has continued to move back towards the major platform of support in the 12 area and below, which to date has held firm and prevented major US stock markets breaking out and extending the long bullish trend further. Once again over the last few days we have seen a short term rally snuffed out, as bullish sentiment returned for equities and pushing the VIX ever lower.

Janet's equivalent of the Fosbury flop left US markets nervous ahead of the unscheduled release and positively underwhelmed after it! So where next for the major indices, and let's hope the FED don't flop again in December and finally get off the fence.

In the second of our forex Friday webinars at the start of the US session, it was the British pound which came under increasing pressure, as US dollar bullish sentiment took hold. You can discover more about our volume price analysis methodology in my books on Amazon as well as how to get started as a forex trader. Just click on the links below. All my books are in both Kindle format and also paperback so the choice is yours. http://www.amazon.com/Complete-Guide-Price-Analysis-ebook/dp/B00DGA8LZC/ref http://www.amazon.com/Forex-For-Beginners-Anna-Coulling-ebook/dp/B00GBHQXZC/ref http://www.amazon.com/Three-Dimensional-Approach-Forex-Trading-ebook/dp/B00CX2QCVO/ref http://www.amazon.com/Binary-Options-Unmasked-Anna-Coulling-ebook/dp/B00S5N78PE/ref

The live forex trading session for London on Friday was dominated by Euro weakness across the single currency complex, driven by comments from ECB President Draghi. You can discover more about my volume price analysis methodology in my books on Amazon as well as how to get started as a forex trader. Just click on the links below. All my books are in both Kindle format and also paperback so the choice is yours. http://www.amazon.com/Complete-Guide-... http://www.amazon.com/Forex-For-Begin... http://www.amazon.com/Three-Dimension... http://www.amazon.com/Binary-Options-...

Join Anna as she talks through the markets ahead of the FED and with three central banks in focus within 3 hours, it's setting up for an interesting trading session for the markets.

Tune in to Anna Coulling and Eddie Horn at TopStepTrader, as Anna looks at the forex week ahead following the elections in Greece with the euro bouncing back on the result! With the US dollar also reversing modestly on the day, the majors have made some minor gains, but with further US dollar strength likely, these are only likely to be short term moves higher in longer term bearish trends.

In the midweek show from TopStepTrader Squawk Radio, Anna and host of the show Eddie Horn discuss the opportunities for forex traders for the remainder of the week, and look ahead to some of the key news items round the corner. David also offers some views on commodity markets for both oil and gold.

Catch up with the latest forex news this week as Anna joins host Eddie Horn for her twice weekly spot on TopStepTrader's Squawk radio.

The GBP/CAD has been on an extend bullish trend for some time now, but in the last few weeks, the pair have started to run out of steam, running into some key resistance levels. The initial weakness was signalled with some ultra high volume, followed by several shooting star candles, before the pair initially started to move lower. Today's weak UK data has given the pair a further shove lower, breaching the first of several potential support regions. So is this the start of a longer term reversal in trend, or merely a short term pause?

An interesting week as always for eurodollar traders, with the pair flip flopping between price congestion and extremely volatile moves. None more so than on Wednesday, following Ben's last meeting, changes in committee members, and the ongoing question of tapering. As Janet settles into the chair, market focus is now on the exotic currencies currently grabbing the headlines, and with risk on appetite evaporating, we may see further save haven buying in the short term.

With the baton now being passed from Ben Bernanke to Janet Yellan, the question is how will markets react. Was last week's sharp sell of simply a correction, or a reversal in trend. Will the markets react to the new members, and if so how? And finally, what is the barometer of economic recovery telling us - no not the VIX, but the NQ!

The recent sharp move lower for equities has not come as a great surprise to many traders, given the signals that have been in place since the start of the year. One index in particular, the YM Emini, has sent several clear signs of weakness, which have duly been confirmed as we approach the month end. So is this the end of the bull run, or simply a short term reversal?

For many investors, gold remains the ultimate safe haven asset. There is nothing quite like a gold bar or gold coin which bestows the feelings of security and wealth. Yet whilst investors have had a torrid time over the last few years, speculative traders have enjoyed both sides of the market. The question now is whether the long term decline for gold is finally reaching a bottom, as the scales tilt once again, in favour of the longer term investor?

All forex traders focus on the EUR/USD - primarily for two reasons. It is the most liquid, and is also the pair with the tightest spreads. However, what most fail to realise is that is the most political of all currencies. Indeed, I could go further, and say this is no longer a free floating currency. Most traders find it almost impossible to trade, and yesterday gave us a classic reason as to why!

In this episode from a recent live training room, Anna explains some of the reasons why the forex market is such a difficult one to trade. As a retail trader the odds are most definitely not stacked in our favour. However, help is at hand, and the methodology is not new. It has been around for over 100 years, but using what Anna calls primary trading tools which are all leading ( and free ) levels the playing field, allowing retail forex traders to compete on an equal footing once again.