Trader Dan

Articles by Trader Dan

About a week ago, I wrote a short piece detailing the excessively lopsided long position in the silver market noting at that time, that anyone who has long needed to be paying very close attention to their positions. (see that article here...
That is the question I am asking myself today after having some time to analyze its Commitments of Traders report.

Here is the Daily Silver chart:



It has had a nice run higher off the April low near 15.50 after it managed to...
One of the most important things that anyone who ventures into the arena of trading will need to learn, is how to deal with trades that go sour.

You can find lots of books out there on technical analysis in this day of age. You will...
Crude has had a very nice recovery off its recent low set in mid-March with a steady climb of nearly $20 since that time. The push through the declining 50 day moving average was the first real clue that the complexion of this market...
This past week saw a huge swing in interest rates at the long end of the curve with the long bond in particular getting knocked for a loop.

As you can see from the chart, prices plunged lower Tuesday-Friday with support being broken on...
It sure does seem as if the vast majority of our markets are stuck in sideways trading patterns, does it not? Just about the time some look as if they are going to mount an upside breakout, they fail and fall back down once again. The flip...
’tis the week to hear from the various Fed governors once again.

Today it is Atlanta Fed president Dennis Lockhart.

I am finding his comments rather unsettling after reading one part of them.

Here is what has me scratching my head...
I have marked this chart with some shaded rectangular boxes that correspond to periods in which the Bollinger bands were contracting. For those who are not familiar with how to interpret the bands, when the width is widening out,...
Well, here we go again. I do not know how many times over the past year or so I have noted what looked like a chart breakdown in the US long bond. By that I specifically mean a close BELOW the 50-day moving average. Generally, that...
More and more it appears as if we are going to get some form of QE next week out of the ECB. The big question is the size and scope of the program that most expect to be announced.

There has been some discussion as to whether the ECB...

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The Fourth Coinage Act of 1873 embraced the gold standard and demonetized silver, known as the “Crime of 73”

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