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Daily analysis of major pairs for December 7, 2015

Dec 06 2015 @ 22:46
Last week, the EUR/JPY rose from the demand zone at 130.00, testing the supply zone at 134.50. This was a movement of 450 pips, which was an exponential movement brought about by the great stamina in the EUR. The price is currently consolidating, but we might witness further bullish breakout in the market, since the […]
 

Weekly Trading Forecasts on Major Pairs (December 7 - 11, 2015)

Dec 05 2015 @ 06:36
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish There was a sudden and fast bullish breakout on EURUSD, which made it go upwards 450 pips, testing the resistance line at 1.0950. The price consolidated after that, till price closed last week. The bullish breakout has abruptly overturned the recent bearish trend in […]
 

Michael Steinhardt: Wall Street’s Greatest Trader?

Dec 04 2015 @ 16:22
INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 18 “The trading game is not won in the strategy one selects. The trading game is won in the mind.” – DbPhoenix (Source: Trade2win.com) Name: Michael Steinhardt Date of birth: December 7, 1940 Nationality: American Occupation: Funds Manager and philanthropy Career Michael was born to an […]
 

EURUSD and the last 2015 US NFP's release

Dec 03 2015 @ 17:00
After the ECB meeting, EURUSD had a bullish reaction, performing a consolidation above the psychological price zone of 1.0600, which was critical to the overall bias in this pair. This Friday, December 4th, will be released the US Non-Farm Payrolls, which will be the last of this year, and due to the strong pullback that […]
 

Will Plexus Holdings Go Up From Here?

Dec 02 2015 @ 18:38
Plexus Holding shares (LSE:POS) are now showing a measure of bullishness in them, which means they might trend higher from here. The market was flat in the months of June and July, 2015: The trendless phase showed that the market had no momentum in it. From August till October, the market plunged. However, the market […]
 

Pace Stock Rises Sharply

Dec 02 2015 @ 18:23
Pace stock (LSE:PIC) is a nice strong market. The bullish movement has not just started. It started in September 2015 – only to become significant this week. Prior to September, the trend on Pace was bearish, but this ended in September. The price is now above the EMA 21 while the Williams’ % Range period […]
 

Trading Signals for GBP Pairs (December 2, 2015 – January 7, 2016)

Dec 01 2015 @ 19:08
GBPAUD = Sell GBPUSD = Sell EURGBP = Buy GBPJPY = Sell GBPCHF = Sell GBPCAD = Sell GBPNZD = 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 […]
 

Monthly Technical Reviews on Gold and Silver (December 2015)

Nov 30 2015 @ 04:14
GOLD (XAUUSD) Dominant Bias: Bearish The Thanksgiving effect did not take place last week, as Gold generally moved sideways, without any significant drop. This effect has not taken place for 3 years in a row, though that does not mean it would not take place in November 2016. The dominant bias on the market is […]
 

Daily analysis of major pairs for November 30, 2015

Nov 29 2015 @ 17:09
The EUR/JPY has shown determination to keep on moving downwards. The bias is bearish and this would continue as long as the EUR is weak. The price looks ready to break the demand zone at 130.00 to the downside. Only a very strong weakness in the JPY could reverse the trend. EUR/USD: The EUR/USD merely […]
 

Weekly Trading Forecasts on Major Pairs (November 30 – December 4, 2015)

Nov 28 2015 @ 04:13
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD only consolidated to the downside last week, in the context of a downtrend. There are resistance lines at 1.0750 and 1.0800, which could check rally attempts. There are also support lines at 1.0500 and 1.0450, which are the targets for bears, since further […]
 
 
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