Jun 05 2016 @ 19:17
AUS200 Dominant bias: Bullish This market is in a precarious situation. While the bias on it is bullish, bears are very active in it the present, and this has made short-term bearish signals to be generated on smaller timeframes like hourly and 4-hour charts (whereas the long-term signal is bullish). Unless price goes below the […]
Jun 05 2016 @ 17:16
The USD/JPY dropped 450 pips last week, testing the demand level at 106.50. The next target to be reached is the demand level at 105.50, since there is a Bearish Confirmation Pattern in the market. There is also a possibility of bullish reversal this week. EUR/USD: This pair shot upwards on Friday, overturning the bearish […]
Jun 05 2016 @ 03:09
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair moved sideways from Monday to Friday, in the context of a downtrend. The downtrend was forcefully overturned as the pair shot skywards by 220 pips on Friday, closing at 1.1365 on the same day. The bias has turned bullish, but there is […]
Jun 02 2016 @ 04:28
“Trading requires you to be wrong on a regular basis – in fact you are wrong more often than you are right. And this constant grind requires a certain degree of fortitude to endure.” – Chris Tate There’s no way to become victorious easily. You don’t become victorious by trying to be victorious. You become […]
Jun 01 2016 @ 06:00
GOLD (XAUUSD) Dominant Bias: Bearish Gold dropped persistently in May 2016, reaching a high of 1303.53 and a low of 1199.79. This has resulted in a clean bearish outlook on the market, and in spite of the present weak bullish attempt, price is expected to continuing moving downwards this month, reaching the demand levels at […]
May 31 2016 @ 11:42
Plexus Holding shares (
LSE:POS) are expected to decline further. Although the price has been consolidating to the upside in the last few months, the overall bias on the market is bearish, plus the Death Cross effect is still in place. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and […]
May 31 2016 @ 11:34
Churchill stock (
LSE:CHL) would rise upwards again, strongly at this time, following the volatile current correction in the market. The market moved sideways in the months of March and April 2016, broke upwards in May and later got corrected while things remain volatile. In the chart, the price is around the EMA 21 and will […]
May 29 2016 @ 17:11
The USD/CHF managed to go upwards a little on Friday, having consolidated in the first few days of the week. The bulls are still willing to push price northward, and there is a possibility that the resistance levels at 0.9950 and 1.0000 (a parity zone) would be tested. However, it is unlikely that the resistance […]
May 28 2016 @ 05:15
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Last week, EURUSD went downwards 110 pips, just as it was projected. There is a bearish signal in the market, which would cause its weakness to hold out, as long as USD is stronger than EUR. The pair would continue trudging south this week, […]
May 26 2016 @ 03:53
WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 9 “As a trader, the brutal truth is that you only get paid for your results. There is no ‘time and a half’, or over-time rates. We live in a results economy, not a time economy, like people who have ‘jobs.’’ – Louise Bedford Name: […]
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