May 14 2014 @ 18:29
“I’m a breakout trader, and I’ll tell you, over time I have had to learn over and over again to resist the temptation: “This thing is going to go up, I need to get in before it breaks out of this pattern.” – Peter Brandt Facing the realities of the markets successfully is a must […]
May 14 2014 @ 01:54
The EUR/JPY has found resistance at the 140.69 level, so it is likely to continue falling. This pair is trying to consolidate below the pivot point level of 140.33. The next target for this pair is the support level of 139.73. If the EUR/JPY manages to make a breakout at that level would be expected […]
May 13 2014 @ 18:36
“If I tell you how I would manage that [$100,000,000] now, I would no longer have a competitive edge.” – Perry Kaufman No matter what your trading results have been in the past, trading remains one of the best ways to the ultimate attainment of financial freedom. During the recent global credit crunch, many people […]
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 […]