May 13 2014 @ 18:10
Motive Television stock (
LSE:MTV) is in a vivid equilibrium phase, but a significant breakout is expected very soon. Equilibrium markets do not last forever and as such, the price would eventually break out and go in a direction determinedly. The equilibrium phase is brought about as a result of less and less trading activity. This […]
May 12 2014 @ 22:53
The NZD/USD remains very strong in the bearish bias, so it is very likely that this pair continue making bearish movements. The Kiwi is trying to make a breakout to the pivot point level of 0.8625. If successful, it is expected to fall to the support level of 0.8609. However, the NZD/USD continues within a […]
May 12 2014 @ 20:03
Instrument: USDJPY Order: Sell Entry date: May 12, 2014 Entry price: 102.172 Stop loss: 101.179 Take profit: 100.178 Instrument: AUDJPY Order: Sell Entry date: May 12, 2014 Entry price: 95.640 Stop loss: 96.652 Take profit: 93.652 Instrument: CADJPY Order: Sell Entry date: May 12, 2014 Entry price: 93.765 Stop loss: 94.779 Take profit: 91.779 Instrument: […]
May 11 2014 @ 19:25
From a low of 0.8702, the USD/CHF shot upwards significantly. The pair trended upwards by over 160 pips within 2 days. This is the strongest upward move since early April 2014. EUR/USD: As a result of exponential weakness in the Euro, this currency trading instrument has formed a Bearish Confirmation Pattern and the price is […]
May 09 2014 @ 03:46
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish The dominant bullish bias still exists in this market, but it is seriously under threat. The price attempt to reach the resistance line at 1.4000 failed, and the price got corrected significantly. Should price test the support line at 1.3800 or cross it to […]
May 08 2014 @ 18:45
LEARN FROM THE GENERALS OF THE MARKETS – PART 48 “I’d never work for anyone else again. Plus, I love what I do.” – Dr. Van. K. Tharp (Trading specialist) Leda Braga, a female trader, is one of the highest paid funds mangers in the world. Holding a PhD in engineering, she’s the president of […]
May 08 2014 @ 01:58
The EUR/GBP has moved sideways in the past hours. This pair is trying to stay below the 200 day moving average, but the EUR/GBP is trying to find on the pivot point support level of 0.8203. If successful, it is expected to rise to the resistance level of 0.8213. However, if the pair manages to […]
May 07 2014 @ 04:09
Blinkx stock (
LSE:BLNX) is a bear market and the bears are happy as they follow the downward trend. The price has been falling since the beginning of the year 2014. In recent times, the price has been consolidating, while it is clear that further upward push is being rejected. The price could continue trending further […]
May 07 2014 @ 04:01
The recent strong bullish engulfing candle in Xcite Energy market (
LSE:XEL) is a classic example of a false breakout which traps buyers as it appears the price is going towards the sky. The price may later retrace downwards. One strong bullish candle does not make a bullish trend, but having a series of candles with […]
May 07 2014 @ 02:27
The AUD/USD is very strong in the current bullish trend, so this pair is expected to continue to make bullish for the rest of the week movements. The aussie is forming a bullish pattern above the pivot point level of 0.9329. The next target for this pair is the resistance level of 0.9388. If AUD/USD […]