'Technical Analysis is the study of market action, primarily through the use of charts, for the purpose of forecasting future price trends.' John Murphy’s definition, taken from his seminal work Technical Analysis of the Financial Markets - often referred to as an industry bible - is one which is repeated in journals, articles and internet forums across the trading community. However, what the majority of novice traders fail to realise is that although the underlying principles of the patterns he describes are valid, there is a lot more to consistent profitability in a live market than simply executing Murphy’s set-ups. (more...)

Welcome to January’s Futures Masters - Interviews with Futex Academy’s elite traders. This month, Senior Futex Trader Gabriele Gandini lifts the lid on his personal approach to trading. Gabriele has been a trader at Futex since 2007 and currently trades Dax and Crude Oil. (more...)