Michael Noonan
Michael Noonan, of Edgetraderplus, is a chart analyst with 30 years experience in the futures markets. His focus is entirely on reading developing market activity in the form of price and volume, to better understand what the markets are saying coming from what is the best source of all information: the market itself. His website is http://edgetraderplus.com.
Michael Noonan Articles
Finally, a classic example on the importance of reading developing market information, as shown in a chart! For the past several months, everyone interested in Precious Metals, PMs, has been deluged with never-ending fundamental...
In an election, it does not matter if voter turnout is high or low, the outcome is determined by the actual votes cast. The same holds true for the markets. Only those who make an actual buy or sell decision determine the outcome of the...
For all of the disdain directed toward the paper futures markets in gold and silver from the Precious Metals, [PM], community, those markets continue to set the tone for pricing. Why is that?
Our clarion call is for the physical market to soon takeover the actual price for buying and selling. When, we do not know? Timing is now less critical than actual possession, from this point forward.
As ardent as Precious Metals, [PMs], buyers are, a good many of them do not comprehend their importance. Everyone agrees they are resoundingly better than any fiat currency, as history has amply proven. However, few consider the why PMs...
Do markets send messages? Absolutely, and they are there for anyone and everyone to see as they develop. Most people like to read news about increased demand for gold and silver, record purchases for silver eagles, etc, etc, etc. The...
A shout-out to I M Vronsky and his crew, [Gold-Eagle], for reaching its 475 Millionth view since it began on 1 January 1997. Congrats!
This is a singular look at silver because of its current position on the charts that may be giving our...
When the markets “speak,” we “listen.” For all of the non-stop bullish “news” about the unprecedented demand, more for gold than silver, and all of the talk about how useless the COMEX paper market is, it has been the paper market that...
The volume activity recently caught our eye in the Canadian dollar and prompted a closer look. Our position is that by following the developing market activity, across a series of time frames, a story about a potential trade should emerge...
What is the message of the market as the week, month, 2nd Qtr, and first half of the year just ended? The second half of the year is likely to prove more troubling for the Bulls. We do not make predictions for a future that has not yet...
