Feb 15 2015 @ 01:24
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Although the recent bias on this market is bearish, it should be noted that bulls have been making effort to push price higher. Price consolidated last week and traded upwards a little, closing at 1.1390, on Friday, February 13, 2015 . The outlook for […]
Feb 11 2015 @ 21:17
The NZDUSD is looking to form bearish patterns below the 200 SMA at the H1 chart, in order to strength the main bias, that is very bearish. The daily pivot point is placed at the level of 0.7387 and the Kiwi is trading below that zone. We could expect a fall to the support level […]
Feb 11 2015 @ 16:43
LEARN FROM THE GENERALS OF THE MARKETS – PART 60 “By now, most private investors know that there are some grandmasters in the world of finance. It would be considered poor form not to emulate these… industry superstars.” – Jens Rabe We want to take a closer look at a hedge-fund titan – Barry Rosenstein. […]
Feb 09 2015 @ 22:20
The EURUSD is currently trading in sideways, as we can see it on the H1 chart, above the daily pivot point level of 1.1317. Currently, we would like to see a rebound until the 200 SMA, but remember that a breakout at the support level of 1.1276, could unleash the bearish force to drive this […]
Feb 09 2015 @ 00:09
The EUR/USD is weak and therefore, it is expected that the USD/CHF would be strong. The outlook for the latter is bullish and the outlook for the former is bearish. As said in earlier forecasts, this market would continue its slow and gradual upward movement this week, though this may not be without occasional, but […]
Feb 07 2015 @ 16:29
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish In this market, the bullish effort last week was rendered useless when price headed back towards the support line at 1.1300, which was an important support line last week. This support line may be slashed this week; plus the target for the bears is […]
Feb 05 2015 @ 16:06
“Traders produce success, trading systems do not!” – Dr. Van K. Tharp Have you ever felt as I did when I was a novice? Sometimes trading turns out to be a far cry from our dreams. Painful results can seem to drag on endlessly, and it can be hard to see a way out or […]
Feb 04 2015 @ 18:52
The AUDUSD continues to battle with the resistance offered by the daily pivot point level of 0.8171. At the moment, we could see a retracement until the support level of 0.8136, but the bears could take the control of the situation in the near time, as the 200 SMA is bearish. By the other side, […]
Feb 03 2015 @ 17:18
USDJPY = Buy AUDJPY = Buy CADJPY = Buy CHFJPY = Buy EURJPY = Buy GBPJPY = Buy NZDJPY = Buy 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 […]
Feb 02 2015 @ 18:40
The EURJPY remains bearish at the H1 chart, below the 200 SMA, that is also pointing to the downwards. Currently, the pair is looking to consolidate below the daily pivot point level of 133.06, as the EURJPY is still bearish, because the 200 SMA has acted as a strong dynamic resistance zone during the bearish […]
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