Financial Guides

“Let’s face facts. Traders with huge trading fortunes only exist because they started doing small things. Once they got the little things right – they catapulted towards success.” – Caroline Stephen Some decades ago, many people went to school to get knowledge. But nowadays, most people go to school so that they can get jobs […]

Amazon.com shares (NASDAQ:AMZN) have been caught in a bullish convergence. The price was recently going upwards, though there is now a pullback in the market. The appearance of the ADX period 14 shows a volatile sideways movement which is being pulled by the bears. To explain further, the MACD histogram is above the zero line; […]

For Chevron stock (NYSE:CVX), it is a tug of war between the bulls and the bears, which may result in the bull’s victory, as shown in the chart. While it fails to close below it, the price is hovering almost above the EMA 21. The Williams’ % Range period 20 is a kind of neutral, […]

Instrument: USDJPY Order: No signal Entry date: Entry price: Stop loss: Take profit: Instrument: AUDJPY Order: Buy Entry date: March 10, 2014 Entry price: 93.179 Stop loss: 92.183 Take profit: 95.183 Instrument: CADJPY Order: Buy Entry date: March 10, 2014 Entry price: 92.990 Stop loss: 91.996 Take profit: 94.996 Instrument: CHFJPY Order: No signal Entry […]

Last week, it was rightly predicted that there would be significant movements on the JPY pairs. The pairs moved significantly upwards, breaching more and more supply levels. There are currently pullbacks in the markets, but the uptrends would continue this week. EUR/USD: After much dithering, this market has been able to bring about an established […]

Here’s the market outlook for this week: EURUSD Dominant bias: Bullish The weakness in the USD and the stamina in the EUR have caused the price of the EURUSD to result in a Bullish Confirmation Pattern. The price would continue going further upwards – though not without the possibilities of occasional pullbacks. The strong psychological […]

LEARN FROM THE GENERALS OF THE MARKETS – PART 46 Born in 1969, Jaffray Woodriff is an American trader. He’s CEO of Quantitative Investment Management (QIM), which he co-founded with Michael Geismar in the year 2003. He spent his childhood in Charlottesville, Virginia; and went to the University of Virginia. He largely taught himself the […]

AIG stock (NYSE:AIG) has been showing some signs of a renewed bullish bias – as revealed by the current price action. Bearish pulls have been rejected and the price has been trending upwards. The EMA 11 is almost above the EMA 56 and the RSI period 14 is above the level 50. In this renewed […]

The minor gaps that occurred on the JPY pairs at the beginning of this week mean that significant movements would soon occur on them. EUR/USD: The bias on the EUR/USD is bullish and the price has bounced off the EMA 56, which is acting as a barrier to a further southward movement. The resistance line […]

JPY Pairs Pullbacks Trading Signals (March 3 – 14, 2014) Instrument: AUDJPY Order: Sell Entry date: March 3, 2014 Entry price: 90.603 Stop loss: 91.619 Take profit: 88.620 Recent performances December 2013 = 5% January 2014 = 2.1% February 2014 = 4.5% Note: The period mentioned above reflects the duration of an open position taken […]