PLUS1
Mining
Eurasian Mining shoots skywards
Nov 21 2018 @ 22:04
Eurasian Mining stock (LSE:EUA) has shot skyward, following a recent protracted ranging phase, which essentially became a base. The bullish breakout was so strong that it has generated a clean “buy” signal. The ADX period 14 is above the level 40, meaning that the momentum in the market is heavy. The DM+ is far above […]
Technical Reviews for Gold and Silver (September 2018)
Sep 08 2018 @ 08:27
GOLD (XAUUSD) Dominant Bias: Bearish Gold is a bear market. In August price dipped by over 6000 pips, reaching around the support level of 1160.00 (a support level). From there, price moved upwards by 5000 pips and then moved sideways till the end of the month. All this happened in the context of a downtrend; […]
The Realities of Trading (Confidential)
Sep 01 2018 @ 08:37
Do you want to be a successful trader? Then you need to unlock your potential and develop the right habits and routines. Experience shows that people want to keep doing what they are doing, while expecting different results. In trading, that means they carry on trading in a certain way even when it brings poor […]
Technical Reviews for Gold and Silver (August 2018)
Aug 05 2018 @ 21:57
GOLD (XAUUSD) Dominant Bias: Bearish Gold has ended its recent short-term neutrality by dropping 5000 pips in July. In fact, the current dominant bearish bias started on April 11 (following a long period of a boring, choppy market), and price has dropped over 15,000 pips since then, resulting in a Bearish Confirmation Pattern in the […]
Edenville – a false bullish breakout
Jun 22 2018 @ 12:31
Edenville stock (LSE:EDL) has experienced what can best be called a false breakout.. The major bias is bearish, and thus, the current bullish breakout could end up being a temporary rally in the context of a downtrend. Price is above the EMA 11 but it is yet to close above it. Should price close below […]
Ethereum Price Analysis – April 11
May 27 2018 @ 01:14
ETHUSD Medium-term Trend: Bullish Resistance: $435, $430, $425 Support: $405, $410, $415 The ETHUSD pair had a bearish outlook yesterday. The MACD line and the signal line were below the zero line. From the price action, Ethereum had a bearish view but it commenced a range bound movement. Today, price of Ethereum is in a […]
Melrose Industries to remain an ugly market
Apr 26 2018 @ 07:56
Melrose Industries shares (LSE:MRO) are not a sexy market. In fact, it is an ugly market. After the brief rally of December 2017 and January 2018. Since then, the market has been experiencing short-term upswings and downswings. Moving between the resistance level at 240.00 and the support level at 200.00. The current short-term swings should […]
Unlock Your Potential with the Realities of Trading
Apr 04 2018 @ 16:39
Do you want to be a successful trader? Then you need to unlock your potential and develop the right habits and routines. Experience shows that people want to keep doing what they are doing, while expecting different results. In trading, that means they carry on trading in a certain way even when it brings poor […]
Technical Reviews for Gold and Silver (April 2018)
Apr 03 2018 @ 23:02
GOLD (XAUUSD) Dominant Bias: Neutral The market bias is neutral in the long-term and bearish in the short-term. Since February 2018, price has been ranging (whereas December 2017 and January 2018 were bullish). However, going short-term, price dropped sharply in the last week of March, and made a rally attempt on April 3, only to […]
Annual Forecast for Jubilee Metals (2018)
Mar 31 2018 @ 07:38
Jubilee Metals shares (LSE:JLP) are a weak market. Price has been in a downtrend for the past several months and that just seems to be the beginning. 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 top […]
