Banks

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish As it was prognosticated, EURUSD did not experience a significant movement last week, though price moved lower. The lower movement has resulted in a bearish signal, since there is now a Bearish Confirmation Pattern in the market. There are bearish targets at the support […]

WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 1 “One of the secrets few know and fewer implement when it comes to trading success is that you have to really care about doing well. These days, I see a lot of traders not caring enough, not prioritizing learning about trading, and making pathetic […]

Total assets increased $127.8 million, or 14.1%, to $1.03 billion at December 31, 2015 compared to $903.6 million at December 31, 2014. Entegra Financial Corp. (NASDAQ:ENFC), the holding company for Entegra Bank, today announced earnings for the three months and year ended December 31, 2015. Roger D. Plemens, President and CEO of the Company, reported, […]

In one sense, I suppose that discussing the root cause of a crisis that happened eight years ago, is a bit foolish. Especially considering the current condition of the global economy. On the other hand, there may still be time to learn some lessons. Besides, I owe some banks an apology. Don’t Blame the Banks […]

FTSE 100 stock (FTSE:UKX) is in a strong downtrend and the propensity might continue. Based on the recent price action, upswings in the market are followed by stronger downswings, meaning that the upswings might be used as opportunities to sell short. There are times in which the market moves in ranges when trading activity is […]

We all know the traditional concerns of investors, among which are key statistic like share price, market cap, P/E ratios, revenues, operational expenses, EBITDA, ROI, ROA, ROE, volatility, and a myriad of other pieces of data that, in aggregate, help to paint a picture of future success. Everyone is amazed by the unparalleled advances in […]

The GBP/USD is one of the strongest trending currency trading instruments among the majors. The bias on the instrument is bearish and it is possible that the price would continue going downwards, reaching the accumulation territories at 1.4200 and 1.4150 this week. This bias would be valid until there is a bullish reversal of at […]

Here’s the market outlook for the week: EURUSD Dominant bias: Neutral This pair experienced short-term upswings and downswings, with no directional movements in the medium term. Just like last week, there may not be very strong movements this week, though there could be significant movements around the end of this month (which could happen on […]

New Year is here! Year 2015 was the most difficult year I’ve experienced in my trading career. For example, years 2007 to 2014 were easy for those who cut their losses, ran their profits and employed sensible position sizing methods. In the year 2015, the months of January, February, March, April and December were good, […]

Royal Bank of Scotland shares (LSE:RBS) are already weak, and this is what is supposed to continue this year. It is amazing to see that some people would still be long this market. Men especially, tend to take foolish risks. They tend to think about how much they can make without mulling how much they […]