GOLD, OIL AND US STOCKS

Charting legend Peter L Brandt walks us through his chartsIf a classical charting legend could walk you through his analysis of individual markets would you listen?In this weeks episode of Talking Trading, Peter L Brandt gives a surgeon's dissection of his charts on gold, oil and US stocks. Peter tells why he thinks GOLD is ringing a bell, why the OIL market is biding time and why US stocks have a perfect head and shoulder top. This interview is a rare opportunity to see the market through his eyes.Peter L BrandtPeter L Brandt walks us through the classical geometry of 3 individual markets and we get the opportunity to hear his inner trading mind at work and see the charts through his eyes. We also hear psychological trading traps, strategies to overcome them and discuss some of Peter’s favourite trading quotes.In this interview we examine:GOLD and why Peter thinks it is the purest trading market of all. We also find out if it has rung a bell.OIL and why it is biding time. We find out where Peter thinks crude will go.US Stocks and how a perfect head and shoulders pattern has formed. Why it is the first the market correction since the bottom of 2008.But charts don’t always work and Peter has no trouble saying when the market has gone against what he predicted. As he says a chart pattern is only a ‘possibility’.Hear why he also says:Traders do not find good trades, good trades find traders. The best trades are self-evidentAndWhy traders must go by the rule that their worst drawdown is one that has not happened yet.Peter is a launching a new trading service at www.peterlbrandt.com. Hear more market analysis, trading insight and see the market through his charting eyes.Or go to www.stocktwits.com/PeterLBrandtBe the spark If you know someone who’s struggling in the markets, don’t keep Talking Trading to yourself. Share the show with them — because sometimes all it takes is one insight, one spark, to turn their trading around.Take them to talkingtrading.com.au and be the person who makes the difference.Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.www.tradinggame.com.au www.talkingtrading.com.au.FacebookYouTube TwitterLinkedIn