Funds

Twitter shares (NYSE:TWTR) are in a major downtrend, which has been going on for months. Long trades are currently suicidal in this market as we shall see. The price has gone below the lower Trendline and the RSI period 14 is far below the level 50, even around the oversold region. This means the bearish […]

FTSE 250 stock (FTSE:MCX) has plunged massively while the market remains volatile. The massive plunge has resulted in a bear market, which would hold out for this year. 4 EMAs are used for this strategy and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold started a persistent bullish journey a few weeks ago, and this is strong enough to threaten the current bearish bias on the market. Should the bullish journey persist for the next few days, that would lead to a new clean “buy” signal, leading to a Bullish Confirmation Pattern in […]

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 […]

Last week, the USD/JPY moved sideways from Monday to Thursday, in the context of an uptrend. On Friday, January 29, 2016, the price broke upwards significantly, testing the supply level at 121.50 (a movement of 300 pips). The outlook on USD/JPY, including other JPY pairs, is bullish for this week, and for this month. It […]

Here’s the market outlook for the week: EURUSD Dominant bias: Neutral This pair went up from the support line at 1.0800, reaching the resistance line at 1.0950. From that resistance line, price went down 120 pips. There is a neutral bias on this pair, which would remain in force until price goes below the support […]

“One of the keys to a trader’s success was not the results of a trade but rather how a trader reacted to the results of a trade.” – Dan Gamza Why me? Why did this happen to me? Those are some of the questions that disturb losing traders. After a series of losses, some of […]

Yahoo! shares (NASDAQ:YHOO) are under selling pressure. There is a “sell” signal in the market and it would be senseless to go long right now, unless otherwise proven by the price action. The ADX period 14 is at the level 30, showing the presence of momentum, while the DM- is above the DM+, meaning that […]

Ebay stock (NASDAQ:EBAY) is currently consolidating seriously. The consolidation has been ongoing for several months, forming a strong base, which is an interesting thing for professional speculators. The long-term base means a breakout is imminent, which would most probably favor the bulls. The Williams’ % Range period 20 is a kind of heading upwards while […]

The USD/JPY tested the demand level at 116.00, and then bounced upwards by 280 pips. This is a threat to the extant bearish outlook on the market, which would eventually be rendered invalid in case the price continues going further upwards this week. The outlook on USD is bright and therefore, the USD/JPY might continue […]