Investing Advice

“However, it is pleasant to win over the long term. Contrary to popular opinion, losses are part of winning. Take sports for example.” – Markham Gross A drawdown is the peak-to-trough decline during a specific record period of an investment, fund or commodity. A drawdown is usually quoted as the percentage between the peak and […]

Gold Gold experienced a smooth downwards movement in July 2015. In August, price consolidated for about two weeks before breaking northwards last week. Price consolidated again before the end of last week and in the beginning of this week before breaking northwards again. This week is particularly interesting because Gold was thought of rallying, which […]

Easyjet stock (LSE:EZJ) has a clean ‘buy’ signal on it, based on the current price action in the chart. In this month of August, effort was initially made to push the price upwards but this was stalled by the last bearish correction. However, the price is now gliding upwards smoothly. This is an interesting development. […]

Diageo shares (LSE:DGE) are expected to rally, following the current rejection at the support level of 1750, which is already a formidable floor (barring further bearish effort). The adamant floor was tested in May and June 2015, but further bearish attempts were foiled. This same support level has been tested recently and we can see […]

AUDJPY = Sell AUDUSD = Sell EURAUD = Buy AUDCAD = Sell AUDCHF = Sell GBPAUD = Buy AUDNZD = Sell 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 […]

The bullish effort on the Cable has led to a bullish signal on it. However, there is one obstacle to be surmounted – the distribution territory at 1.5650. This distribution territory has adamantly rejected sincere bullish efforts for the past several weeks, and the price needs to close above it if the current bullish signal […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair rose by 150 pips last week, rising from the support line at 1.0950 and reaching the resistance line at 1.1200. Price has really met a challenge at the resistance line at 1.1200, but it would need to go above the resistance line […]

Tesla Motors (NASDAQ:TSLA) takes a beating in the media on a continual basis, but I L♥VE this company. Elon Musk is a creative visionary who doesn’t just dream about what could be done. He gets it done. Getting it done requires more than vision and technical expertise. It also requires extraordinary business acumen. Musk has it […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 11 “The biggest risk in trading is hubris… This is because being wrong is actually an integral part of success. A successful futures trader makes many more losing trades than winning ones. The key is to recognize and concede the mistakes and cut losses. And ride […]

Concha shares (LSE:CHA) have the tendency to continue going north – though in a slow and gradual manner. There is no big momentum in the market but the shares are fairly strong. The ADX period 14 is not above the level 30, confirming the aforementioned low momentum in the market. The ADX DM+ is, however, […]