Banks

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 […]

Google, now called Alphabet Inc. (NASDAQ:GOOG), has a bearish signal on it. The signal is early enough for astute traders to catch a smooth, long-term journey, to the downside. There is a potential that the market would go further downwards from here. The ADX period 14 is almost going above the level 20, which means […]

The USD/JPY moved southward last week; by roughly 200 pips. The price made several attempts to break the demand level at 117.50 to the downside, but with no success. The price still shows the determination to go further south, which may eventually enable it to go below the demand level at 117.50. EUR/USD: This market […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish From Monday till Wednesday, this pair went south. However, it started a bullish journey from Thursday till the close of the market on Friday. Bulls would continue making attempts to push the price further north, but their action would not jeopardize the extant bearish […]