Jul 07 2015 @ 02:55
USDJPY = Sell AUDJPY = Sell CADJPY = Sell CHFJPY = Sell EURJPY = Sell GBPJPY = Sell NZDJPY = Sell NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]
Jul 06 2015 @ 15:03
GOLD (XAUUSD) Dominant Bias: Bearish Gold remains a bear market, with the price breaking more and more support levels gradually. In this market, occasional rallies should be seen as opportunities to sell short when the price is high in the context of the downtrend. This month, bears would try to target the support levels at […]
Jul 06 2015 @ 05:42
After the Greek voters rejected the terms of the bailout programme on Sunday, market reaction has been more subdued than some may have expected. The referendum results came in with 61.3% voting “No”, versus 38.7% who voted “Yes”. But the big decider could come today at the European Central Bank where the governing council will […]
Jul 05 2015 @ 17:55
The USD/JPY is currently a market in which short-term traders and scalpers thrive. There have been short-term swings in the market – as the price oscillates between the supply level at 124.00 and the demand level at 122.00. There is a need for a break above the aforementioned supply level or demand level before there […]
Jul 04 2015 @ 02:36
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Current events in the Eurozone will continue to shape the movement of EURUSD and other EUR pairs this week. Last week, price opened with a gap-down of about 200 pips before an upward bounce of over 300 pips occurred on Monday. On Tuesday, price […]
Jul 02 2015 @ 17:36
INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 8 “To be successful in the markets, you need to control your emotions and only act rationally. Since we never learned this in school, 90% of the traders and 80% of the investors are losing money.” – Florian Grummes Name: Marc Rivalland Nationality: South Africa, the […]
Jun 29 2015 @ 23:13
EURUSD filled the bearish gap left during the monday session and now it’s looking for a clear road during this week. Greece has been in the world news headlines because of the economical crisis which is happening there and EURUSD is a pair very connected with that situation. However, the technical outlook is already pointing […]
Jun 28 2015 @ 17:59
The GBP/USD fell by roughly 200 pips last week, threatening the recent bullish outlook on the market. The bullish outlook would be valid only as long as the accumulation territory at 1.5650 is not broken to the downside. Once the accumulation territory is breached to the downside, the outlook would become bearish – an event […]
Jun 27 2015 @ 16:37
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Because of the events in the Eurozone, EUR pairs might open with gaps this week and in case the gaps happen, they would harbinger great volatility in the markets for the rest of the week. EURUSD trended downwards in the beginning of last week, […]
Jun 25 2015 @ 16:38
“With every trade or investment there are four possible outcomes. You can have a small win, big win, small loss or big loss. As long as we make sure we eliminate the big loss from happening, we can certainly live with the other three.” – Sam Seiden What’s the most important thing every trader can/must […]