Mar 26 2015 @ 06:23
INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 1 “Many would-be traders are afraid to take the profession seriously. They dream of making huge riches, but they aren’t willing to put in the time and effort to make their dreams come true.” – Joe Ross Name: Lan Turner Date of birth: February 5, 1964 […]
Mar 23 2015 @ 06:29
The EURJPY is now trading in a short term bullish bias above the 200 SMA at H1 chart and it seems that could reach the resistance zone of 130.84. We could see a good rebound done at the 200 SMA, also the EURJPY is trading above the daily pivot point level of 129.73 and this […]
Mar 23 2015 @ 04:15
Price news The price took a huge hit this week, tumbling from $295 all the way down to $245 within 48 hours. The drop seems to have been caused by news of the dark web illicit goods marketplace “Evolution” closing down along with all users’ funds – estimated at around $12m. Traders are apparently expecting […]
Mar 23 2015 @ 01:57
USDJPY = Buy AUDJPY = Buy CADJPY = Buy CHFJPY = Buy EURJPY = Buy GBPJPY = Buy NZDJPY = Buy 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 […]
Mar 22 2015 @ 19:01
All eyes are on the EUR/USD, which has proven that the EUR is not ready to reach parity with the USD soon. On Wednesday, March 18, 2015, the market skyrocketed by over 450 pips, before being corrected lower. The perpetual bullish effort has already resulted in a Bullish Confirmation Pattern in the market, and thus, […]
Mar 21 2015 @ 05:33
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish Without events, there cannot be history. The even that happened last week shows that EUR may not reach parity with USD soon. In fact, it is no longer rational to seek short trades on this pair, for the outlook on it has already turned […]
Mar 19 2015 @ 04:58
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Mar 18 2015 @ 09:20
The AUDUSD remains bearish in our intraday and weekly outlook, because in the H1 chart we can see a downside consolidation below the 200 SMA. Also, the Aussie open the today’s trading session below the daily pivot point level of 0.7628, with a near term target at the support zone of 0.7593. If the AUDUSD […]
Mar 17 2015 @ 05:31
NZDUSD = Buy NZDJPY = Buy NZDCAD = Buy NZDCHF = Buy EURNZD = Sell GBPNZD = Sell AUDNZD = 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 […]
Mar 16 2015 @ 06:27
The 200 SMA continues to be a strong dynamic resistance on the NZDUSD at the H1 chart, as the pair is trying to break the support offered by the daily pivot point level at 0.7353. We could see a bearish structure development on place at this timeframe, because the fractals position are showing us strength […]