Aug 14 2014 @ 05:36
“Markets change continuously. Therefore, I am constantly searching for trading setups that may improve my trading.” – Christian Lukas One of the most important aspects of a strategy is its accuracy percentage. High accuracy is more preferable than low accuracy, although it must be coupled with positive expectancy. A trader whose strategy is only 25% […]
Aug 12 2014 @ 15:50
Regency Mines stock (
LSE:RGM) has nosedived again while the major bias remains bearish. This means that the market has a high probability of going further south as the chart shows. Because of this, sane buyers offload their positions in a hurry. 4 EMAs are used and they are EMAs 10, 20, 50 and 200. The […]
Aug 12 2014 @ 15:43
President Energy shares (
LSE:PPC) may lose more of their value when the price breaks out and go further south. The market has been very choppy and volatile lately, plus the logical thing to do right now is to seek short trades. Since last month, July 2014, the price has been coming down, going through very […]
Aug 12 2014 @ 12:37
I have struggled for the better part of two days now to not write about GlaxoSmithKline pharmaceuticals (
LSE:GSK). I’ve already written about GSK and its share price five times in the first six months of 2014. What more could there possibly be to report? Nonetheless, GSK just seems to have a way of gaining attention, […]
Aug 10 2014 @ 19:10
Instrument: EURJPY Order: Sell Entry date: August 11, 2014 Entry price: 136.885 Stop loss: 137.902 Take profit: 136.939 Instrument: EURAUD Order: Sell Entry date: August 11, 2014 Entry price: 1.44525 Stop loss: 1.45556 Take profit: 1.44537 Instrument: EURCAD Order: Sell Entry date: August 11, 2014 Entry price: 1.47040 Stop loss: 1.48070 Take profit: 1.45070 Instrument: […]
Aug 06 2014 @ 04:12
Roxi Petroleum shares (
LSE:RXP) are very strong right now, having broken upwards and having resumed a bullish journey since last month. This bullish bias has also continued this month… and this is just the beginning. In the chart, the ADX period 14 is above the level 50, going towards the level 60. This signifies a […]
Aug 06 2014 @ 04:04
Afren stock (
LSE:AFR) has now become hopeless against the bears. The price gapped down massively recently, rendering any bullish hope and outlook useless. The market was in a tight consolidation – a cutthroat struggle between the bulls and the bears – for a few months. But at the end of July/beginning of August, 2014, the […]
Aug 04 2014 @ 17:50
A NON-DIRECTIONAL TRADING APPROACH “For traders and investors, finding low risk ideas is one of the most important tasks no matter what asset class you trade.” – Gabriel Grammatidis The world of speculation is replete with strategies that are aimed at making profits. The strategies can be ones that follow the lines of the least […]
Jul 31 2014 @ 17:43
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair has been able to continue its southward journey. The price is now going below the resistance line at 1.3400. The resistance line is a war zone between the bulls and the bears, for the price would be making some attempts to breach […]
Jul 31 2014 @ 00:13
“Isn’t the promised reward of greater independence, financial freedom, and life choices worth the risk?” – Louise Bedford Anyone who says trading is easy is telling a lie. Anyone who says success in trading isn’t possible is also telling a lie. Trading is challenging as well as it’s rewarding. The challenges are the blessings that […]