Financial Guides

“It is not so important to be right, but how to make money when you are right.” – Ivan Hoff I remember what happened at one interesting trading conference I attended about 5 months ago. It was an interesting conference indeed. At one stage, the moderator showed us a EURUSD chart (whose dominant trend was […]

There is a good opportunity to go long on Quindell stock (LSE:QPP). The long-term trend is bullish and the current pullback creates a great chance in the market. Here, the stubborn bear may not fear the possible northward outbreak: the fly does not fear death. But it is certain that the bear would be sliced […]

San Leon shares (LSE:SLE) are very weak; so they would continue going downwards until they reach an accumulation territory that is strong enough to challenge the downtrend. The price has been dropping since early February 2014. It consolidated this month, but later broke out below the lower Trendline. The RSI period 14 is likewise below […]

Here is the current outlook on Gold and Silver. GOLD (XAUUSD) Dominant Bias: Bullish As it was forecasted before, the price on Gold has become bullish and the perpetual bullish attempts in the market (in spite of some occasional pullbacks, which are often transient) are now conspicuous. From the support level at 1277.50, the price […]

The USD/CHF is weak and it is currently challenging the support level at 0.8750. Once the support level has been overcome, the price would go to the next target at 0.8700. EUR/USD: This currency trading instrument closed at 1.3884 on Friday, April 11, 2014. It closed on a bullish note, which means that the price […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair rejected the recent southward pull on it, trended upwards and resulted in a confirmed bullish bias. From the support line at 1.3700, this market has moved upwards and it could test the resistance line at 1.3950. Testing the resistance line at 1.4000 […]

LEARN FROM THE GENERALS OF THE MARKETS – PART 47 “We are easily deceived when we are told exactly what we want to hear.” – Malcolm Robinson Ray Dalio was born in August 1, 1949, in Jackson Heights, Queens, New York, United States. He’s an American hedge fund guru. Being a son of an artiste […]

Sefton Resources shares (LSE:SER) are hopelessly bearish, and they are expected to continue being so. For the past several months, the market has done nothing except to consolidate and trade further south in a slow and steady manner. The ADX period 14 shows a lack a momentum: it is below the level 20. The DM+ […]

Touchstone stock (LSE:TGL) has long become a bears’ paradise. There has been a steep decline in the price; which was punctuated by short-term rallies and further dips. This kind of bias has really benefitted the bears, since they have learned how to make fortunes from this kind of market. A tormentor makes his victims hardy. […]

Here is the current outlook on Gold and Silver. GOLD (XAUUSD) Dominant Bias: Bullish The bias on Gold was recently bearish, but the precious metal has been trying to reject further southward move. The effort to reject further southward move became serious throughout last week when the price found a bottom at the support level […]