AAPL sold off very sharply into a prior support zone last Friday (see the 240min chart below). Near to the close on Friday, AAPL was very oversold and coupled with the fact it was at the support zone, it made a long trade a low risk trade. The key was to scale into it – [...]

The Aussie Dollar currency continues to weaken against the US Dollar and is currently bearing down on strong support levels. Following the strong aussie rally at the start of the year the double top in February stopped the upside momentum in its tracks and since then we have made a series of lower low and [...]

The Solas M Series Global Portfolio posted a very impressive performance in the 1st Quarter 2012. Boosted by a strong start to the equities market the portfolio exhibited strong profitability consistency across the trend following and mean reversion strategies employed. Working off the base 0.50% risk per trade the portfolio returned 11.0% over Q1. For [...]

Is the Silver juggernaut on the move again? Silver futures prices surged a whopping 177% in an 9mth period from Aug 2010 to Apr 2011 before coming off the tracks and giving up 80% of the advance over the next 8 mths through to the end of 2011. Having rallied 41% off the December lows [...]

Having only exited a profitable 1 month trade to the long side on the Solas M Series Portfolio on Tuesday the EURUSD has quickly resumed its longer term downside weakness as Eurozone concerns once again make the headlines. For much of the second half of 2011 the Euro was under sustained downside pressure owing to [...]

The star performer in the Solas M Series Portfolio year to date is without doubt the India Earnings ETF (EPI). Following a 40% falloff from the $26.00 2011 highs in April of last year this instrument found a base at the end of 2011 above the $15.00 level. After initial consolidation at the lows the [...]

The Solas M Series Global Portfolio continues to track the most recent momentum in the financial markets as it activated a new entry signal and readjusted its intelligent dynamic stop on current open positions. The Solas Trend Following Software activated a new long entry after yesterdays close in the iShares MSCI Brazil index ETF – [...]

Gold has continued its bullish start to the year after it made a double bottom just above $1500 in late December 2011. Price per ounce is now closing in on resistance @ $1750-$1800, a level where the previous sell off was initiated. The Solas Trend Finder Algorithm (STFA) has tracked the price of Gold as [...]

The Solas Swing Trading Software and the Solas Trend Following Software Systems activated new positions in the Solas M Seies Global Portfolio ahead of todays open in the US Markets. Although relatively quite with regards new signals of late, the Series M Global portfolio has been actively managing current open positions by re-adjusting the intelligent [...]

In a recent blog dated 23rd January we reported that the US tech sector had been very strong of late. This was echoed in the SPDR Technology Select Sector Fund ETF – XLK as it broke above its 2011 highs mainly due to Apple (AAPL) reporting earnings last week eclipsing wall street expectations on all [...]