Cryptocurrencies

“It’s Monday morning. You are warm and toasty in your bed, hearing the world around you wake up. You allow yourself a little sleep in, and then pull open the curtains. Your swimming pool is shimmering in the sun light, and your outdoor lounge beckons. After a satisfying breakfast, the markets open, and you casually […]

Paysafe Group stock (LSE:PAYS) looks like another dead-cat-bounce scenario. Price moved sideways in June and July, rose gradually in August and September, came down gradually in October and November, and then crashed this month. Following the crash is an upwards bounce in the market… But it has not overridden the current bearish outlook. Price is […]

IG Group stock (LSE:IGG) has just experienced what can be called a flash crash. Whatever happens afterwards would determine whether this would be the beginning of a new bearish trend or whether the gap would be filled. Price went upwards from July to September, 2016. Since then price started going south gradually from October… Until […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold trended downwards throughout last November, dropping over 16,000 pips from the high of 1336.98 on November 9. The overall bias is bearish, and therefore, the bearish movement is supposed to continue till the end of the year. Right now, price is consolidating, and that is what it has done […]

Would Thanksgiving Rally Happen This Year? GOLD (XAUUSD) is currently weak, owing to another phase of a southward movement, which started a few months ago. The downtrend has been particularly strong since October. This week would be interesting because of a possibility of a Thanksgiving rally. Would it ever happen this year? Thanksgiving rally has […]

The USD/CHF managed to climb above the great psychological level at 1.0000 last week, and testing the resistance level at 1.0100. Price may be able to target the resistance level at 1.0200 this week, but any signs of weakness in USD may send the pair plunging below the psychological level at 1.0000. EUR/USD: This pair […]

Trading For Sure Profits Rule-based discretionary traders are among the best traders on this planet. The trading strategy explained here is a rule-based discretionary system. Similarly, the fact that the majority of traders fail does not mean that trading is a dead end activity. Traders who are successful prove otherwise. Occasional losses leading to transient […]

In trading we have a concept known as alpha – that is the measure of skill we bring to the investment process as measured by comparison to a given benchmark. Traditionally we think of generating alpha via our instrument selection or timing. The aim of being a trend follower or momentum trader is to buy […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold is bearish in the short-term, but neutral in the long-term. In the 4-hour chart, price trended downwards last week, to end September 2016 on a bearish note. Further bearish movement is anticipated this month, which would make price reach the support levels at 1298.00 and 1280.00 and 1270.00. This […]

Paypal shares (NASDAQ: PYPL) are currently bullish and the bullishness would continue within the next several months. There is a “buy” signal here, as price is above the EMA 21 and the William’s % Range period 20 is around the overbought region. The market is currently being corrected, but it is seen as a pause […]