About


About this blog:

I wanted to start the FP Markets blog for a number of reasons. My overwhelming desire is to provide first rate analysis and commentary that offers real value for traders and investors alike. There is a lot of information out there and it is often confusing to know where to begin. I am hoping that through this blog I can bring you timely and actionable information,  a number of great trading setups and a unique way of looking at the markets that will assist you in your trading performance.

Secondly, I wanted to use this blog as a way of interacting with other traders and to try and help others improve their edge. Trading is tough no doubt. I have spent many years in this business, studied countless charts, and experimented with a number of analysis and trading techniques. The reality is there is no holy grail. Experience, screen time and hard work counts for everything. Thus, I hope to relate my experiences through this blog and to reach out to those in their various stages of their learning.

I hope you enjoy the commentary here. Please always drop me questions or comments ata.mitchum@fpmarkets.com.au.

About Me:

I am the Senior Market analyst at FP Markets. I have extensive experience within Equities and futures markets, having traded on the equities desk for Morgan Stanley in London and more recently for Macquarie in Sydney. I have worked as a proprietary trader, research analyst as well as a mentor to fellow traders. My real passion lies in market analysis, technical research and sharing market insights. I hope to bring these same insights to the FP Markets client base and assist their trading strategies.

I place a heavy emphasis on technical analysis in my research. I use a number of technical inputs such as charts, support/resistance studies, momentum indicators and Fibonacci numbers. The key point to understand is that no one method or set of indicators will work all the time. One has to be flexible and at all times heed the price action which is the ultimate indicator. The best we can do as traders is draw upon demonstrable edges, wait for price action to confirm, and pull the the trigger whilst always understanding the risk/reward. Emotional biases are the undoing of all traders. There is no perma anything here but just setup after setup after setup. My old trading mentor used to say to me, "Anticipate, dont react". I think this is some of the best advice out there and I hope the plans and charts I show you keep you prepared.

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