Oct 29 2013 @ 17:47
China New shares (
LSE:CNEL) have gotten a new lease of energy after a long period of hopelessness on the side of irrational equilibrium. On a lower timeframe shown below, the price broke upwards, following the recent trendless phase in the market and this is a beginning of a new uptrend. Whenever a trading instrument is […]
Oct 29 2013 @ 17:39
Gulf Keystone stock (
LSE:GKP), which was recently trending downwards, is now consolidating. This is a pause in the midst of an extant momentum prior to the next move – either in favor of buyers or sellers. What is now the next direction in the month of November? On the chart, the price is currently between […]
Oct 29 2013 @ 03:07
The bullish bias on the EURJPY is still valid, although the price is currently experiencing some bearish pull. As long as the price trades above the demand zone of 134.00, the price has the probability of a northward journey. EURUSD: It would behoove one to seek a short trade in this market, perhaps setting a […]
Oct 27 2013 @ 20:00
The aussie is consolidating below the 200 day moving average, which can strengthen the current bearish trend. The AUD/USD is moving within a low range below the 200 day moving average and the resistance level at 0.9593. If the pair manages to break the 0.9570 level, it’s expected to fall to the level of 0.9517. […]
Oct 27 2013 @ 18:43
The EURJPY closed at 134.43 On Friday (October 25, 2013), still breathing the bullish trend. It is likely that the price would continue to trend upwards this week, going towards the supply zone of 135.50 in order to test it again. EURUSD: This currency instrument was able to maintain its bullish stance last week, in […]
Oct 26 2013 @ 22:46
LEARN FROM GENERALS OF THE MARKETS – PART 39 “In the end, by becoming astutely aware of what can go wrong, and taking control, we can maintain our winning edge.” – Joe Ross Richard Donchian, who was an American trader and pioneer of managed futures, lived from 1905 until 1993. His parents were Armenians who […]
Oct 25 2013 @ 09:41
The price on Angle (
LSE:AGL), which has already been in a bullish mode, was corrected southward in September and October 2013. When this was happening, some wonder how long it would take for the bulls to be murdered along the way. It is too much for the fox to kill the chicken and the chicken’s […]
Oct 25 2013 @ 09:34
Top Level shares (
LSE:TLDH), having broken northward significantly, would eventually top at the supply level of 15.70 within the next several months. Experience can never be bought: our experience has made us understand that when the price breaks out of the kind of protracted equilibrium zone as seen on the chart, the price is ready […]
Oct 23 2013 @ 17:39
The NZD/USD has had a sharp decline after having had significant increases in recent weeks. Kiwi found strong resistance level of 0.8511 and has fallen below the resistance level at 0.8423 and 200 SMA. Now, this pair is forming a higher low pattern and if it can break this support level, would be expected to […]
Oct 22 2013 @ 03:00
There is a bullish signal on the USDJPY, and the pair may go towards the supply level at 98.50 and 99.00 respectively. EURUSD: The bias on this pair is bullish and in spite of the current consolidation in the price, it is expected to resume its upwards journey. There is a strong support level at […]
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