Bubbles

SKIL Ports and Logistics shares (LSE:SPL) has a strange-looking price action in its chart. The price is jumpy, chaotic and choppy – this is a type of the market that needs an optimal risk management plan. In the chart, the ADX period 14 is not too far from the level 30 while the DM+ is […]

Paragon Diamond stock (LSE:PRG) is expected to continue its current weakness, just in solidarity with the extant bias in the market, which is bearish. You would need to accept realities before you can survive the markets. The price has gone far below the EMA period 21 and the Williams’ Percentage Range period 20 is rigidly […]

Last week, the EUR/JPY cross merely moved in a choppy, sideways manner. The price zigzagged between the demand zone at 131.50 and the supply zone at 133.00. This week, the EUR/JPY might find it difficult to rally significantly, especially as long as the EUR is weak. EUR/USD: There was no serious upwards or downwards movements […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD did not move upwards or downwards significantly last week, though the outlook remains bearish. Last week was the week in which the FX markets consolidated the most this year, with certain pairs and crosses not going up or down by 50 pips throughout […]

“You do not need a PhD in math or physics to be successful in the stock market, just the right knowledge, a good work ethic, and discipline.” – Mark Minervini Imagine. There’s someone who borrowed a total of $13 million to make a movie. She’s a credit officer at a big financial institution who’s helped […]

Pantheon Resources stock (LSE:PANR) has skyrocketed seriously, making substantial gains. The bullish race started gradually in September, becoming more and more serious in October. But this month, the bullish race was so momentous that the price almost went up in a straight line. Would this bullish race be sustained? 4 EMAs are used for this […]

Tullow Oil shares (LSE:TLW) are currently seen as a lure that can make buyers go into a trap – as the current price action shows. The market trended seriously downwards in the most part of this year. The market started making some bullish attempts from October 2015, which has been rejected repeatedly around the resistance […]

Among the majors, the Cable was the strongest moving last week. The movement was so strong that the price fell by 400 pips, testing the accumulation territory at 1.5050. The outlook on this market remains bearish and it is possible that the accumulation territories at 1.5000 and 1.4950 would be attained this week. EUR/USD: The […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair dropped 300 pips last week, testing the support line at 1.0700. The largest southwards movement last week occurred on Friday – a result of positive fundamental figures coming out of the US. The outlook on the pair remains bearish, which would be […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 16 “…Remember to view setbacks, losses and failures as learning opportunities. All great achievers have made innumerable mistakes and have failed, that is what provided the “experience” and the “education.” – Dr. Woody Johnson Name: Louis Bacon Date of birth: July 25, 1953 Nationality: American Occupation: […]