STA Blog

As part of the STA’s educational offering, here is today’s interview (5^th April 2019) with Nicole Elliott on IG TV. Many will recognise her as a regular attendee at our monthly meetings, and Jeremy is a veteran, and ex-Bloomberg presenter and interviewer.

The video takes the format of her daily Market Outlook email produced under The Trader banner for Investors Chronicle magazine, part of the FT Specialist offering from the Financial Times publishing group.

The email has used charts supplied by IG for many years now, in part so that private investors, should they so want, can copy and learn from this comprehensive and basically free charting service. Charts presented both for the email and for the TV show are deliberately kept as simple as possible, featuring only the most salient features. She tells us the ones she uses for the real work are far more complex; somehow, this is totally credible.

Three indices, two currency pairs and gold are addressed daily, with clear suggestions of which trades to take and, just as important, what to avoid, with appropriate chart levels. The letter was based on her daily offering designed for the Industrial Bank of Japan and then transferred to Mizuho’s corporate clients. It has certainly not been dumbed down for retail!

Using a number of different oscillators, the merits of these are discussed briefly and pitfalls noted. Importantly, she reminds us to keep a sense of perspective, zoning in sometimes on new elements, than standing back and seeing to wood from the trees.

Click here to view.