Financial Guides

LEARN FROM GENERALS OF THE MARKETS – PART 31 “If you want to get rich, just find someone making lots of money and copy what he’s doing.” – J. Paul Getty William Eckhardt started his career in 1974, which was 4 years after his doctoral studies experience at the University of Chicago (he failed to […]

Bowleven shares (LSE:BLVN) are what I couldn’t risk my neck on. This is because the shares are not favorable to buyers, except sellers. The shares hit the yearly high in March 2013, testing the distribution territory at 100.00. From that territory, the price dropped seriously and consolidated around the latter part of May 2013. In […]

Based on the reality in the market, it is advised that one do only one or two things with Proteome Sciences stock (LSE:PRM): Sell the stock and/or stay away from it. This is the rational thing to do until this bearish phase is over; unless one is a short-seller. About 4 EMAs are used for […]

There have been sharp reversals in the markets, as the EUR, GBP and other currencies got weakened. All JPY pairs have rallied: there are confirmed new biases in the markets. As some instruments plummet further, more bearish pressure would be experienced and positions are smoothed as people show the white feather when they are risk-averse. […]

Yes, believe the news, for it’s about real events. The only problem is that the effect on the markets may sometimes go against what people expect. I think candlestick trading is awesome in the short-term, and as a result of this, one needs to consider it for intra-day trading and exit once there is a […]

Pound Sterling – Despite an improving picture emerging for the health of the UK economy, this week was one of declines against the US Dollar. On Monday the Pound was little changed against the Euro and US Dollar due to an industry report showing that home sellers raised their asking prices for a sixth-straight month […]

Which Opinions Are Correct? The trading world is full of too many different ideas that are hyped excessively. Many a professional often asserts that her/his own trading idea is the best. Many traders breathe intraday trading, and many endorse investing. Some worship tape reading, while some idolize Fibonacci ratios. Some use supply and demand levels […]

There is a clean indication that ITM Power shares (LSE:ITM) would sustain the bullish bias it has already started. In the last few months, the price has refused to go below the support level of 35, and therefore, the present situation is favorable to buyers. Looking at the chart, it would be seen that the […]

Arian Silver stock (LSE:AGQ) now tries to find some bottom after an over-extended bear market. Could this be the beginning of a protracted rally or could it be just a pause in the context of a downtrend? The answer to the next possibility is given below, plus it pays to check the price data constantly […]

Last week I wrote an article entitled “Is the Market Driving You Nuts?”  I thought that today would be a good day to follow up with the first of a series of articles, not on consecutive days or even consecutive weeks, to help underscore the reasons for always looking for the bigger picture.  And there […]