Feb 21 2016 @ 17:53
The EUR/JPY first went upwards last Monday (February 15, 2016). On the following day, the market started dropping gradually from the high of the day, reaching the demand zone at 125.00 on Friday. This was a movement of 300 pips; plus the chances of the EUR/JPY going upwards are very slim, unless the Yen loses […]
Feb 20 2016 @ 05:35
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair went slightly downwards on Monday and moved sideways for the rest of the week. A closer look at the chart revealed a consolidation to the downside, which threatens the recent bullish bias. For the bias not to turn bearish, bulls must prevent […]
Feb 18 2016 @ 15:23
WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 3 “Since 2003, I have traded the financial markets with my own capital using self-developed, quant-based strategies. The more I have learned and observed as a full time trader, educator and participant in the trading industry, the more motivated I have become to correct the […]
Feb 17 2016 @ 10:14
Microsoft stock (
NASDAQ:MSFT) managed to go upwards from September 2015 to January 2016. From February 2016, the price has been corrected lower, which was contained at the lower Trendline in the chart. Right now, there is no “buy” signal in the market, but it is much more likely that a “buy” signal would soon form: […]
Feb 17 2016 @ 10:03
Lloyds shares (
LSE:LLOY) are in a major downtrend, which has been in place since the last several months. Adamant buyers would have lost a lot in this kind of market, simply because they refuse to go with the flow of the market. In the chart, 4 EMAs are used, and they are EMAs 10, 20, […]
Feb 14 2016 @ 16:19
The EUR/JPY dropped by 450 pips last week, owing to the strength in the Yen. Even the bullish effort on the EUR was unable to prevent the smooth southward movement. The price reached the demand zone at 126.00, and it could go below it despite the current upwards bounce present in the market. The upward […]
Feb 13 2016 @ 17:56
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish EURUSD moved upwards by 230 pips last week, topping at the resistance line of 1.1350, before the current bearish correction. From that resistance line, price got corrected by 100 pips while the bias on the market remains bullish. There is a need for price […]
Feb 11 2016 @ 16:04
What you have to understand is that you’re competing in an environment full of very talented, smart and highly motivated competitors. The guy on the other side of the trade, is as eager to make money as you are. This forces you to constantly improve your trading and adapt quickly. If and when you stop, […]
Feb 10 2016 @ 03:29
Apple stock (
NASDAQ:AAPL) is in a major downtrend and this is a bias that is expected to continue, based on what is happening in the chart. The major downtrend started in December 2015, and it has held out till now. Although the market has consolidated so far this week, it is below the EMA 21 […]
Feb 10 2016 @ 03:17
Barclays shares (
LSE:BARC) have been trending strongly downwards for several months and this is supposed to continue this year. A trend might last longer than what most people think, and as a result of this it is possible that the price would continue going south and south. The ADX period 14 is above the level […]