May 28 2016 @ 04:15
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Last week, EURUSD went downwards 110 pips, just as it was projected. There is a bearish signal in the market, which would cause its weakness to hold out, as long as USD is stronger than EUR. The pair would continue trudging south this week, […]
May 26 2016 @ 02:53
WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 9 “As a trader, the brutal truth is that you only get paid for your results. There is no ‘time and a half’, or over-time rates. We live in a results economy, not a time economy, like people who have ‘jobs.’’ – Louise Bedford Name: […]
May 22 2016 @ 19:14
As it was forecasted, the USD/CHF was able to move upwards by 160 pips last week, closing above the support level at 0.9900. The next target should be the resistance level at 1.0000, which means a parity area for USD versus CHF. However, there is one challenge the bulls might face this week, and that […]
May 21 2016 @ 05:52
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD went downwards last week, closing below the resistance line at 1.1250. There is a bearish bias on the market, and the support lines at 1.1150 and 1.1100 could be tested. The only thing that can make this happen is continuous stamina in USD […]
May 19 2016 @ 04:06
“Trading can be a matter of probabilities. Sometimes you’ll be at the right place at the right time; at other times you won’t. That’s all right. If you are consumed with perfection and finding the ultimate trading opportunity, you will often miss the trades that are right in front of your nose.” – Joe Ross […]
May 15 2016 @ 15:28
The EURUSD went downwards last week – a movement that has generated a bearish signal in the 4-hour chart. As it was mentioned last week, the outlook on this pair is bearish and further southward movement is expected this week, which could make the price go towards the support lines at 1.1250 and 1.1200. EUR/USD: […]
May 14 2016 @ 20:20
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair simply moved sideways in the first few days of last week – a result of deadlock between bulls and the bears. On May 12, 2016, the bears were pummeled and forced to give way, as price moved south vividly, just as it […]
May 12 2016 @ 10:34
WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 8 “Try not to do something just because everyone else is doing it. Successful traders are rare. If the crowd is doing it, watch out!” – Andy Jordan Name: Alan Howard Date of birth: September 11, 1963 Nationality: British Occupation: Hedge fund manager and philanthropist […]
May 08 2016 @ 17:34
The USD/CHF went down on Monday and Tuesday, dipping into the support level at 0.9450. From that support level, further downward movement was rejected as the price started a smooth rally, which took it above the support level at 0.9700. This has resulted in a bullish signal: the price is expected to rally further this […]
May 07 2016 @ 05:25
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral EURUSD went upwards on Monday and Tuesday, topping at 1.1615. Since then, price has come down by over 200 pips, closing at 1.1403 on Friday. It is clear that the gains made by bulls have been erased by bears, but the bias on the […]
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