May 17 2013 @ 04:49
Pound Sterling – On Monday the Pound was little changed as economists awaited the release of data which was expected to show that the number of people in the UK claiming unemployment benefits fell for a sixth consecutive month in April adding to hopes that the nation’s economy is making a recovery. On Tuesday it […]
May 15 2013 @ 06:00
The tactics, behaviour and mindset that can be learned from the world’s most successful financial traders I’ve got to stick to your own rules, even if they make me look stupid sometimes. That’s the fact for survival. Irrespective of some negativity that may come my way in a month or, even on a quarterly basis, […]
May 15 2013 @ 05:45
There is a decoy on GCM Resources (
LSE:GCM). In fact, this is an ominous trap for unwary traders who make decisions based on emotions. The dominant bias on the chart is southwards, and there is no end in sight right now. It is presumed that speculators are aware of the fact that a bias alternatively […]
May 12 2013 @ 18:07
Interesting things are happening in the markets, especially on JPY pairs. The northward outlook on these pairs has held out longer than what most thought. The USDJPY pair has broken the great supply zone of 100.00 to the upside (the last time the price was above that market zone was April 2009). The real surmise […]
May 11 2013 @ 11:00
Can anyone show me 2-year account history, even if it’s a demo, of a Nightingale trading system that has been surviving for the past two years, and on which nothing less than 1000 trades have been placed? Why not open an account with 2 or 3 or more brokers? Why not? if you’re rich enough, […]
May 10 2013 @ 10:19
Why aren’t we patient while trading? Why do we prefer instant results always? We’ve become an immediate gratification culture, and we expect profits to come quickly, efficiently in the way we want. When that doesn’t happen, we tend to become increasingly frustrated and irritable – a sign of impatience. One source says that, for one […]
May 07 2013 @ 15:50
The outlook on the Pentagon Protection stock (
LSE:PPR) appears smashing right now. This stock has really been protected against bears, and the protection remains valid. The ADX period 14 is almost above the level 40, while the DM+ is above the DM- (signifying strong buying pressure). The MACD (default parameters) has its signals line far […]
May 07 2013 @ 15:45
Fortunately for sellers, Quindell Portfolio shares (
LSE:QPP) are moving downwards. And they would continue to move downwards because of the technical reason given below. On the chart, the major trend has been bearish, so the weak rally that was seen last month was a perfect opportunity for sellers to drag the price lower at a […]
May 06 2013 @ 01:57
The markets are now at critical levels and thus require tact to handle. Prices are now approach major supply and demand zones. When open orders are smoothed, bulls go against bears and bears go against bulls. This kind of scenario would signal that, should Smart Money exit all their orders, the market would be forced […]
May 05 2013 @ 17:03
The trend is really your friend, only before there is that bend in the end. Trend-following systems must have positive expectancy incorporated into them; for trend-following tend to have low accuracy. Moreover, one needs to pay attention to demand and supply levels, because of major reversal points. People are ‘clearly’ interested in knowing how to […]