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Weekly Trading Forecasts (June 10 - 14, 2013)

Jun 10 2013 @ 06:25
The Greenback has been weak and the Yen has been strong. Most JPY pairs are also weak. The fundamentals that were released lately even added fuel to the extant biases. This means vivid bullish biases for some currency instruments like EURUSD and GBPUSD: and conspicuous bearish biases for some instruments like the USDCHF and EURJPY. […]
 

EURUSD Technical Analysis for June 09, 2013

Jun 09 2013 @ 23:08
The EURUSD is forming bullish patterns, allowing to this pair to continue its bullish trend of the moment. EURUSD remains above the 200 day moving average and is making consolidation movements. If the EURUSD managed to break the resistance at the 1.3243 level, it’s expected to rise to 1.3300 psychological level. On the other hand, […]
 

Weekly Thoughts of a Trading Maverick – June 9, 2013

Jun 08 2013 @ 15:09
Naked trading is no Holy Grail. I also do naked trading. But trading naked without the use of strict money management, risk control and discipline cannot help you. With these things, you can succeed with indicators; and without them, you can fail with naked trading. No trading signals are 100% accuracy, yet subscribers to trading […]
 

EURUSD Technical Analysis for June 07, 2013

Jun 07 2013 @ 02:00
The EURUSD has a strong bullish trend and now, this pair will seek to break new resistances. EURUSD is forming a lower high pattern below the resistance level of 1.3309. If this pair manages to break this resistance, it is expected to rise to the level of 1.3363. The general outlook for this pair is […]
 

4 Essential Trading Principles (Golden Rules)

Jun 07 2013 @ 00:02
“Sometimes people are so attached to the way things are that they would rather keep things the same and continue to fail rather than make those changes.” – Adrienne Toghraie We tend to think of harvesting our gains and smoothing open trades; something that is easier said than done. Big institutions have very high stakes that […]
 

USDCAD Technical Analysis for June 06, 2013

Jun 05 2013 @ 20:15
The USDCAD has not had significant movements that have achieved mainstream alter this pair, which is bullish. The USDCAD has been in a low range in this chart, forming a support level at 1.0290 and resistance at 1.0400 psychological level. If the loonie managed to break the resistance at 1.0400, it’s expected to rise to […]
 

A Woman’s Addiction To Forex

Jun 04 2013 @ 15:29
TRADING IS IDEAL FOR A WOMAN! As I told you in an earlier article, women can be, and are great traders as well. They certainly got admirable qualities that can also help them in trading. There’s no level of success in trading that isn’t attainable by women. I foresee that the number of women in […]
 

Goldplat Remains a Hopeless Stock

Jun 04 2013 @ 15:11
Goldplat stock (LSE:GDP) has been in a bearish mode since the last year and it has remained so till now. This is bias that would inevitable continue. The EMA period 50 has been sloping downwards for the most part of this year. Historically, any rallies – which were few and far between – had given […]
 

EURUSD Technical Analysis for June 04, 2013

Jun 04 2013 @ 01:51
In the yesterday session, the EURUSD was very bullish, approaching to the SMA 200 and strengthening its overall bullish trend. EURUSD is forming a lower high pattern, the resistance below the level of 1.3070. If the EURUSD manages to break this resistance, it is expected to rise to the level of 1.3130. Recall that near […]
 

Weekly Trading Forecasts (June 3 - 7, 2013)

Jun 03 2013 @ 02:18
Because of the weakness on the Greenback, the EURUSD and the GBPUSD have been bullish, whereas the USDCHF has been bearish. This outlook may be valid for the next several trading days. The JPY pairs also have the potential to maintain their extant outlook. EURUSD Primary trend: Bullish There is a bullish indication on the […]
 
 
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