May 20 2013 @ 00:23
The GBPUSD starts a decisive week, due to the large amount of economic data to be published in the UK this week. The GBPUSD is forming a higher low pattern above support at the 1.5154 level, if it does break this support, it is very possible that this pair drop to the level of 1.5090. […]
May 18 2013 @ 16:13
A trading coach can really make a big difference, provided the coach is also a successful trader. You can give only what you have. There are some who teach, but who can’t trade. This industry is full of too many online ‘professionals’ who can’t trade successfully on their own. The uses for Moving Averages vary. […]
May 17 2013 @ 15:45
LEARN FROM GENERALS OF THE MARKETS – PART 28 Linda Bradford Raschke (Commodity Trading Advisor) is the head of LBR Group Inc., and LBR Asset Management. This astute female trader has over 30 years of trading experience. A real amazon of the Wall Street as she’s, her career began in 1981 as a market maker […]
May 17 2013 @ 10:18
The loonie has had a very bullish day, driven by weak economic data in Canada that were released during the day. The loonie rose to 1.0300 psychological level, finding strong resistance there, after having formed a lower high pattern below 1.0200 level. Now, the USDCAD has an important challenge is to try to break the […]
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 @ 23:58
The EURUSD continues to weaken and it is possible that we may see further downside in this pair, in the coming sessions. Last week, the EURUSD broke with great force the psychological support (now resistance) at 1.30, opening the way to fall to the next support level at 1.2770. This hypothesis had set last week […]
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 14 2013 @ 19:05
The cable has had a very bearish days, and it is quite possible that we may see stronger falls in the medium term for this pair, if the bearish continuation patterns are completed in the technical analysis. The GBPUSD is trying to break the support at the 1.5197level; that level has shown a lot of […]
May 14 2013 @ 00:10
The loonie found strong support near parity, then make a bullish rebound, trying to break a nearby resistance. The USDCAD is approaching the resistance level of 1.0127, after making a bullish rebound on the moving average of 200 and above the parity level at 1.0000. If the USDCAD breaks this resistance, it is very possible […]
May 13 2013 @ 19:05
The EURUSD is approaching a very important support, crucial for the overall development of the weekly trend in this pair. The EURUSD had a week’s start, slightly bearish, trying to break the support at the 1.2943 level. It is very possible that this pair is forming a higher low pattern to be able to break […]
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