Financial Guides

A STEP BETWEEN PENURY AND SOLVENCY “Once you take the desire to make money out of your trading and put in the desire to do what good traders do, your mindset shifts and allows you to make more good decisions.” – Craig Cobb Alan* has reached the end of his tether. His handiwork is not […]

Quadrise stock (LSE:QFI) has started a new northward outlook, as it rises. The northward outlook could last for several months. The recent bias was bearish and the price has been extremely volatile – making wide stops sensible in this market. In the chart, the price broke above the EMA 21, gapped upwards and closed above […]

Tricor shares (LSE:TRIC) bring losses to the bulls as they dived for most part of the year 2014. Even the tight range that followed still showcases the supremacy of the bears. Anyone who had gone long, or who goes long in this market, will suffer. The ADX period 14 is above the level 60, showing […]

Instrument: USDJPY Order: Buy Entry date: July 7, 2014 Entry price: 101.880 Stop loss: 100.873 Take profit: 103.873 Instrument: AUDJPY Order: Buy Entry date: July 7, 2014 Entry price: 95.451 Stop loss: 94.428 Take profit: 97.426 Instrument: CADJPY Order: Buy Entry date: July 7, 2014 Entry price: 95.387 Stop loss: 94.368 Take profit: 97.368 Instrument: […]

The Cable is still facing a big challenge around the price territory at 1.7150. However, the market is expected to go further upwards as a result of the strong northward bias on it. EUR/USD: As it was said in the last forecast, this pair has already assumed a new bearish bias, going downwards. Right now, […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The recent bias on this pair was bullish, but everything has now gone bearish. It is no longer sensible to seek long trades on this pair because it has failed to break the resistance line at 1.3700 to the upside. In addition, the price […]

LEARN FROM THE GENERALS OF THE MARKETS – PART 50 “I think one of the best ways to deal with the emotions of trading is to read books by other successful traders.” – Darrin Donnelly Eddie (Edward) Lampert was born on July 19, 1962, in New York, USA. He got inspiration to trade from his […]

Get prepared for a nice bullish ride on Next stock (LSE:NXT), which may hold out for a few months, bringing satisfactory profits for the buyers. This market has long since been a bull market, punctuated by transitory bearish corrections. The price has already broken above the upper Trendline, closing above it and trending further upwards. […]

Randgold Resources shares (LSE:RRS) were bullish at the beginning of this year, before the market was caught in a 3-month correction which lasted until the end of May 2014. Since the beginning of June 2014, the market has been going upwards, and it is expected to continue doing that for the rest of this year. […]

GOLD (XAUUSD) Dominant Bias: Bullish There is an established bullish bias on this market, with the greater probability that the price would continue going higher. However, there could be some temporary pullbacks along the way, which should not take the price below the demand levels at 1299.00 and 1288.00, so that the bullish bias could […]