Investing Advice

Xcite Energy stock (LSE:XEL) is bearish in outlook, and there is no hope of a significant recovery right now. When the market rallies, it would simply proffer opportunities to sell short. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is […]

EUR/USD: The last two weeks were characterized by the strongest movement on the EUR/USD in this year. From the support line at 1.1050, the price skyrocketed and peaked at the resistance line of 1.1700 (within a few days). From that peak, the price has been corrected by over 520 pips. This correction has been serious […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish Last week witnessed the greatest volatility in the markets since January 15, 2015. Between August 19 – 24, price went upwards by 680 pips, topping at the resistance line of 1.1700. Immediately the resistance line was tested, price began to retrace steadily and gradually. […]

There are a lot of companies and people out there offering trading systems that will (or sometimes won’t) give you bigger and better results. That’s fine. Some of them are pretty good, some aren’t. Some will make money, others will lose it. DYOR, as they say. By all means have a system, but always do […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 12 “I am actually trading because I learn a lot of important life lessons from it. Trading helps me get to know myself. It helps me think about why I believe things and why I do things.” – Van Eekelen Name: Michael Platt Date of Birth: […]

Aldermore stock (LSE:ALD) has been consolidating for some time – in a context of an uptrend. Is it now the time to take your profits, for a fear of a bearish breakout? No. The price has now gapped upward, ready to go bullish. The consolidation is still in place. The ADX period 14; and of […]

Rio Tinto shares (LSE:RIO) are extremely weak right now, and the weakness is expected to continue. This is a wonderful opportunity for sellers, who can make more money by continuing to sell the shares. Every week proffers attractive trading opportunities; and you can take them. In the chart, it can be seen that the price […]

The USD/JPY ended its equilibrium phase of several weeks as it plunged massively last week. Several previously demand levels are now supply levels, and the price is close to the demand level at 121.50, which could be breached easily in case the current selling pressure continues. This is a long awaited bearish signal – it […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish From the support line at 1.1050, this pair went upward by 330 pips, going above the support line at 1.1350. EUR is now one of the strongest among the majors (and so is CHF) and this has reflected on most EUR pairs. The next […]

“The wisest rule in investment is: When others are selling, buy. When others are buying, sell. Usually, of course, we do the opposite. When everyone else is buying, we assume they know something we don’t, so we buy. Then people start selling, panic sets in, and we sell too.” ~ Jonathan Sacks “Panic is … […]