Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View More
The Gyrating Nature of Major Market Turns

The Gyrating Nature of Major Market Turns

James Stanley,

The Gyrating and Uncomfortable Nature of Major Market Turns

Talking Points:

- In this webinar we looked at the recent pullbacks across global markets to look at the vaulted question of: ‘Have we bottomed yet?’ This was an updated view from what we had discussed two weeks ago as the S&P was breaking lower.

- We looked at setups for short SPX500, Ger30 (DAX) and JPN225 (Nikkei); but after the jaw-dropping moves in the first half of February with new lows having come in last week, we may see some continued retracement before the continuation-side of these moves is ready.

- As we outlined, risk management is of the upmost importance here given the increasing volatility that will often happen around trend changes and major market turns. If you want a primer on risk management, read our Traits of Successful Traders.

- We looked at using price action to catch trend-side entries after a big move. That technique is outlined in the article, A Simple But Effective Price Action Tell. This is the prospect of using old support levels to look for new resistance (in a downtrend) or using old resistance levels to function as new support (in a new up-trend).

- If you want a more robust background of price action reading, please check out The Forex Trader’s Guide to Price Action.

--- Written by James Stanley, Analyst for

To receive James Stanley’s analysis directly via email, please SIGN UP HERE

Contact and follow James on Twitter: @JStanleyFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.