Markets took a dive lastnight
Aug 8th
Well, it has been an interesting 48 Hrs on the world stock markets. Many in the know have been talking about a global recession V2. Others have been saying the recession never really ended. Personally, I never felt the recession had completed it’s slide now over 2 years ago.
Fortunately, my concentration has really been in the forex markets. And also fortunately for some time we have favoured short positions on USD based currency pairs.
It will be interesting to monitor the markets over the coming weeks and months.
Will GBPJPY drop to 143.3?
Dec 15th
Sam Seiden Training Videos on fxstreet.com
Dec 14th
Sam Seiden from the Online Trading Academy has posted some fantastic trading videos on fxstreet.com
Sam’s videos on fxstreet are located here
Sam uses a simple trading strategy, that I have adopted with good success.
EURCHF to drop to 1.507
Dec 14th
GBPCHF to drop to 1.6640
Dec 14th
Trading Tip Number 1
Dec 14th
Here’s a simple trading system using only a 50 or 20 Moving Average (Exponential biased if you like) and a stochastic or CCI oscillator as it’s signal.
In an uptrend – defined by MA(E) 20 or 50 take only oversold reading (from an oscillator such as CCI or Stochastic) as a buy signal (can use the next overbought reading as a stop of trade if you like)
In a downtrend – defined by MA(E) 20 or 50 take only overbought readings as a sell signal (can use the next oversold reading as a stop of trade if you like)
USDCAD looking for a drop to 1.03
Dec 14th
After some intense rallying last week up to 1.084, usdcad is again continuing it’s downtrend (visible on the hourly chart) to the 1.03 support region.
Last weeks rally up was aided by better than expected US data. This weeks continuation of the down trend has been driven by strong cad data as well as an increase in Oil demand (of which cad is a big producer).
While 1.05 is not passed, we expect this pair to remain bearish until yearly lows are hit at approx 1.03 region.
Welcome to Morton Equities
Dec 12th
Welcome to our New Website for Morton Equities. We’ve decided to make it pretty simple. We will also be using it to collaborate internally.
Morton Equities is a Private Equity Firm based in Sydney NSW Australia.

