Jun 20 2015 @ 15:53
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish EURUSD first consolidated last week; then it broke upwards, closing above the support line at 1.1300. The bias is still bullish and price could test the resistance lines at 1.1450 and 1.1500. Failure to do this could lead to a drop in the price, […]
Jun 18 2015 @ 00:35
INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 7 “I appreciate the opportunity to manage money for others. A lot of people don’t enjoy it, but I do.” – Mike Melissinos Name: Sam Zell Date of Birth: September 27, 1941 Nationality: American Occupation: Business magnate, investor and philanthropist Website: www.egizell.com Career Sam’s parents were […]
Jun 17 2015 @ 04:16
Cap-XX shares (
LSE:CPX) have been trending downwards for the past several weeks, and further movement downwards in the next several days would result in a clean Bearish Confirmation Pattern in the chart. The price went upwards significantly within the last days of April and early May 2015, but since then things have been getting bearish […]
Jun 17 2015 @ 03:57
Clear Leisure stock (
LSE:CLP) is currently making some attempt to go upwards. So far in this month, the market was moving sideways, just as the crab walks sideways, but there is currently a bullish price action in the chart, in the context of the recent turbulence in the market. Where will the price go next? […]
Jun 14 2015 @ 20:11
In spite of the struggles of the bulls, the USD/JPY is still bearish in the short-term. The only factor that can render the bearish trend useless is an event in which the price goes above the supply level at 125.00; otherwise the bearish outlook would be valid for most part of this week. EUR/USD: There […]
Jun 13 2015 @ 04:44
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair is still in a bullish mode in spite of the effort of bears to pull price down. There are support lines at 1.1100 and 1.1050 and a downside breach of the support lines would result in a new bearish outlook. There are […]
Jun 11 2015 @ 03:42
A Rule-based Swing Trading Method “I’ve become more and more selective, sometimes to a fault. I used to always want to be in the market. I’ve learned that you’re much better off letting the market prove itself before entering.”* Snapshot of the Trading Method Strategy name: 48-hour Movement Trader Suitability: Good for both full-time and […]
Jun 09 2015 @ 05:35
Sirius Minerals shares (
LSE:SXX) are expected to continue to going upwards in the context of an established uptrend. The price action supports this view as this analysis shows. From the beginning of January to the end of March 2015, the price moved in a tight consolidation phase, but it broke upwards significantly in April, moving […]
Jun 09 2015 @ 05:26
The situation on Bacanora Minerals stock (
LSE:BCN) looks dicey, making traders wonder whether they should buy or sell. The recent bias was bullish but the price has been coming down since last month. The trend has turned bearish in the short-term. In the chart, 4 EMAs are used and they’re EMAs 10, 20, 50, and […]
Jun 08 2015 @ 02:08
The USD/JPY moved sideways last week and it later broke upwards significantly as a result of the employment figures coming out of the US. The upwards break happened in the context of an uptrend and thus, further upward movement is possible this week. EUR/USD: The popular Non-Farm Employment Change and other employment figures coming out […]