Jan 03 2016 @ 19:15
The GBP/USD moved down by 170 pips last week, closing below the distribution territory at 1.4750. There is still a great probability that the market could continue going further south, because the outlook on the GBP/USD (including other GBP pairs) is bearish. The price might test the accumulation territories at 1.4700 and 1.4650 this week. […]
Jan 02 2016 @ 16:56
Here’s the market outlook for the year: EURUSD Long-term bias: Bearish EURUSD was generally bearish in 2015, reaching a low of 1.0462 and a high of 1.1712. The last week of that year was bearish, and the bearishness could continue till February 2016. From February to April, we would witness serious bullish effort, which would […]
Dec 31 2015 @ 20:36
INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 20 “Books are great mentors, but where else can you learn? By standing on the shoulders of giants. When it comes to making money, here is the million dollar secret…follow someone smarter than you…” – James Altucher Name: James Tisch Date of birth: January 2, 1953 […]
Dec 30 2015 @ 19:30
GBPAUD = Sell GBPUSD = Sell EURGBP = Buy GBPJPY = Sell GBPCHF = Sell GBPCAD = Sell GBPNZD = Sell NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]
Dec 30 2015 @ 04:15
ZincOx shares (
LSE:ZOX) collapsed in November 2015 and consolidate in December. The price is still flat but when momentum returns to the market, it would most probably be in favor of the bearish trend. In the chart, the ADX period 14 is at the level 40, showing that there is a strong bias on […]
Dec 30 2015 @ 03:19
Walt Disney stock (NYSE:DSI) is expected to perform a perpetual rally, starting from the beginning of January 2016 and ending somewhere around the end of May of the same year. To be candid, the current outlook on the market is bearish, for the price is below the EMA 21 while the Williams’ % Range period […]
Dec 27 2015 @ 17:38
The USD/JPY had trended nicely downwards last week. The price has moved down by 110 pips, now below the supply level at 120.50, and going towards the demand level at 120.00. There is a very strong Bearish Confirmation Pattern in the chart; plus it is likely that the price would go further south when momentum […]
Dec 26 2015 @ 15:34
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish EURUSD moved upwards 100 pips last week, still showing determination to go further upwards. The market would experience some equilibrium movement this week, owing to thin activities in the markets, but possibilities of surprise movements cannot be ruled out (especially on some other EUR […]
Dec 24 2015 @ 01:58
Succeeding as a Trader after Learning the Necessary Facts and Skills This book profiles 22 renowned super traders from around the world. Great traders who know what it takes to be successful in the markets. In this follow up to his previous book: “Learn From the Generals of the Markets,” the author gives an overview […]
Dec 23 2015 @ 03:12
Fastfoward Innovations shares (
LSE:FFWD) offer opportunities for long trades, which would be logical based on what the price is doing at the present. The price is currently going upwards after it bottomed at 6.0 (following a correction that was seen last month). The bottoming of the price was carried out at the lower Trendline, just […]