Financial Guides

The USD/JPY has already tested the supply level at 104.00. Should that supply level gets breached to the upside, the next target in the chart would be the supply level at 104.50. EUR/USD: This pair has been able to continue its southward journey. As it was accurately forecasted, the last rally in the market proffered […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair has been able to maintain its bearish bias. In this kind of market, any rallies would proffer opportunities to sell short. Therefore, the current rally may be another short-selling opportunity, provided that it does not go above the resistance line at 1.3350. […]

“No methodology will work unless you are able to develop the proper mindset to follow it.” – Dave Landry The world of trading is full of things that work and things that don’t work. To be honest, there are many successful traders who’re also teaching people how to become successful. There are many signals providers […]

The bullish attempt on Kea Petroleum stock (LSE:KEA) came to an abrupt end as the price gaps down massively. This has led to a new Bearish Confirmation Pattern in the chart. Following the strong gap-down, the ADX period 14 goes towards the level 50, showing that the current bias is strong. The DM- just crossed […]

Maple Energy shares (LSE:MPLE) have been in a long-term bearish trend. Short-term sellers have made huge gains and would continue to make more money as the bearish trend continues. The EMA 21 shows that the market is in a long-term downtrend, while the Williams’ % Range has perpetually been in the oversold territory. This has […]

Rather than going upwards, the USD/CHF broke below the resistance level at 0.9050. This has resulted in a clean ‘sell’ signal, and a movement below the support level at 0.9000 would mean the total end of the bullish bias. EUR/USD: Since the strong support line at 1.3350 was tested several times last week, and the […]

Instrument: XAUUSD Order: Buy Entry date: August 15, 2014 Entry price: 1313.73 Stop loss: 1293.32 Take profit: 1373.32 Instrument: XAGUSD Order: Buy Entry date: August 15, 2014 Entry price: 19.9263 Stop loss: 19.7083 Take profit: 20.5083 NB: 2% per trade is risked. All open trades are closed after the duration of the signals has expired. […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair has continued to be weak, though the southward movement has been limited so far. In fact, there is a constant struggle between the bull and the bear, which has resulted in a high volatility. The resistance line at 1.3400 has been battered […]

“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% […]

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 […]