Jul 29 2013 @ 23:24
The indicators on Sefton Resources (
LSE:SER) are screaming out in what is another buying opportunity of a lifetime. In the recent bear market, the price has largely moved sideways from March 2013 until the latter part of the month of July 2013. It is known that the stock is very cheap right now. From the […]
Jul 29 2013 @ 03:14
In the last several trading days, we can see that the GBP, the CHF, and the EUR have continued showing strength, while the USD has continued to be weakened against them. The JPY pairs are also showing signs of noteworthy pullbacks, following their testing of major supply levels. The more overextended and protracted the current […]
Jul 27 2013 @ 00:27
AUDUSD: Buy Following what could be rightly termed a Bullish Confirmation Pattern, the AUDUSD has given a clear indication of a bullish signal. Since last week, the price has closed above the EMA 56, while the RSI period 14 moved above the level 50. Within the same week, the novel bias was morbidly threatened during […]
Jul 26 2013 @ 04:42
Pound Sterling – At the start of the week the Pound was trading above a two-week high against the US Dollar as the UK awaited the birth of its future King. The currency found support by comments made by Prime Minister David Cameron that taxes could be cut in the near future as the UK economy […]
Jul 26 2013 @ 04:14
LEARN FROM GENERALS OF THE MARKETS – PART 33 “My mood is best when I execute according to my plan regardless of outcome.” – Derek Hernquist Lee Ainslie III is a trader and a self-made American billionaire who lives in Dallas, Texas. He’s happily married with kids. He got his BA at the University of […]
Jul 23 2013 @ 02:00
New World Oil stock (LSELNEW) has long been consolidating in what could be rightly called a downtrend. It is assumed that the price would drop further after the consolidation has run its course. The price has been running lower since the beginning of this year. It even gapped down on early February 2013. Since late […]
Jul 23 2013 @ 01:47
The volatile shares of Providential Resources (
LSE:PVR) have invariably been involved in upswings, followed by far significant downswings. Right now, the price could experience another significant plunge after the recent massive gap-down. Historically, it would be seen that any rallies in this market have been weak and the subsequent dips in the price have been […]
Jul 22 2013 @ 05:18
In the last several trading days, the currency instruments have been able to maintain their overall outlook, though the majors do not move that significantly, except the JPY pairs. The EUR and the GBP are strong, while the JPY and the USD are weak. Matching these weak and strong currencies together with sensible logic would […]
Jul 20 2013 @ 02:16
Mindset matters a lot. Yes, when one is agitated and angry, she/he may stay out of trading. It’s best to trade when the mind is fresh or the mood is better. We make profits from big and small risks. Small risk brings small profits and small losses. Big risk brings big profits and big losses. […]
Jul 19 2013 @ 04:49
Recently, I went to a local cash office. There were many customers there, and while I was waiting for my turn, a man asked me what I did for a living. I was happy to reply him that I’m a Forex trader and a market analyst. “Forex,” the man said, “ruined many people, including me, […]