Aug 05 2016 @ 06:46
WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 14 “My advice to… both strategy creators and investors — is to always have a ‘what-if’ plan. Always know what you’re going to do, when the unlikely or unexpected event occurs. You can’t anticipate everything in advance, of course — not specifically — but you […]
Aug 03 2016 @ 18:46
Ironridge shares (
LSE:IRR) are trending strongly upwards right now. This is an ideal market for those who love to follow this kind of chart pattern: a strong and protracted base, followed by a strong and protracted breakout. This is exactly what has happened in the market. 4 EMAs are used for this analysis and they […]
Aug 03 2016 @ 18:36
Gulf Keystone stock (
LSE:GKP) is a doomed and hopeless market, which is expected to continue trending downwards and downwards, after it goes out of the current equilibrium phase. Price has been caught in a tight equilibrium phase, which has started since April 2016. This has resulted in a strong base, which would eventually lead to […]
Aug 03 2016 @ 04:08
AUS200 Dominant bias: Bullish AUS200 moved north by over 3700 points in July 2016, as it was anticipated. There is a Bullish Confirmation Pattern in the daily and 4-hour charts, emphasizing bulls’ hegemony. In this market, the best trading approach now is to buy short-term pullbacks whenever they happen, providing that a pullback is followed […]
Jul 31 2016 @ 20:35
The USD/CHF went upwards at the beginning of last week, and almost reached the resistance level at 0.9950. From that point, price declined 300 pips, to close at 0.9635 on Friday and below the resistance level at 0.9700. Price is expected to reach the support levels at 0.9650, 0.9600 and 0.9550 this week. The only […]
Jul 30 2016 @ 05:30
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair assumed a bullish journey last week, going upwards 230 pips. Price topped at 1.1195, closing above the support line at 1.1150. There is now a bullish signal in the market, which shows the possibility of price going further upwards. As forecasted in […]
Jul 28 2016 @ 08:24
“One of the best ways to learn about anything is to read about it. Books, articles. Even just marketing pages. Find out what the pros are doing. Find out what’s working for them. And then…” – James Altucher In the last few years I have written three books titled Lessons from Expert Traders (published by […]
Jul 25 2016 @ 23:08
Burberry Group shares (
LSE:BRBY) are a good example of an ideal market for buyers. There is a clean bullish signal in the market and buyers are happy to ride it further north. Price is above the EMA 21 and the Williams % Range period 20 has often remained in the overbought territory. This is a […]
Jul 25 2016 @ 22:57
Petroneft stock (
LSE:PTR) is not very attractive at the present, but a closer look at the market reveals something interesting. Although price has been quite choppy in the last few months, bulls are now showing willingness to push price upwards. The ADX period 14 is at the level 20, meaning that there is little momentum […]
Jul 24 2016 @ 17:50
The Cable traded sideways last week, not going above the distribution territory at 1.3400, nor going below the accumulation territory at 1.2950. This has caused the bias to become neutral in the near-term. But there could be a breakout this week or next, which would push price above or below the aforementioned accumulation and distribution […]