Jul 21 2016 @ 20:42
WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 13 “Writing down a trading plan and sticking to it is the winning trader’s secret weapon. If you create detailed trading plans and manage risk, you will increase your chances of success. Don’t think you need to trade by the seat of your pants. Take […]
Jul 19 2016 @ 11:19
The current situation on Pantheon Resources stock (
LSE:PANR) is dicey, because price is bearish in the short term and bullish in the long term. Where would price go next? 4 EMAs are used in the chart and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown in […]
Jul 19 2016 @ 11:11
The current situation on Pantheon Resources stock (
LSE:PANR) is dicey, because price is bearish in the short term and bullish in the long term. Where would price go next? 4 EMAs are used in the chart and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown in […]
Jul 17 2016 @ 15:34
The EUR/JPY cross went upwards by 700 pips last week, reaching the supply zone at 118.00. Price got corrected by 220 pips on Friday, although that has not violated the Bullish Confirmation Pattern in the 4-hour chart. Price could go upwards from here, but that does not rule out the possibility of bearish threats. EUR/USD: […]
Jul 16 2016 @ 04:03
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral This market merely went flat throughout last week; neither closing above the resistance line at 1.1150 nor going below the support line 1.1000. Price went lower on July 15, but it is unlikely that the support line at 1.1000 would be breached, for price […]
Jul 14 2016 @ 21:13
When new traders move into the arena of trading they face several functional difficulties such as how do markets work, what are the subtle difference between markets and most importantly how does one design and implement a system that is some way logic and effective. If someone manages to navigate this maze and become in […]
Jul 13 2016 @ 05:38
Rhythmone stock (
LSE:RTHM) is now a bull market, which is going upwards very strongly. As bulls smile, further bullish movement is anticipated. The market consolidated from February to May 2016, and the started to trend upwards from June. In the chart, the ADX period 14 is slightly above the level 30, depicting a considerable momentum […]
Jul 13 2016 @ 05:29
A very strong breakout is imminent on Sirius Petroleum shares (
LSE:SRSP) as a result of the ongoing protracted equilibrium phase. Price made some bullish effort in February and March 2016, and began to move sideways from March, till now. The longer a sideways movement is, the longer the base and the more imminent the breakout […]
Jul 10 2016 @ 17:09
GBP/USD dropped 450 pips last week, to test the low of 1.2796, before price consolidated in the last few days of the week. The bias on 4-hour, daily and weekly charts is bearish, and thus price should continue its decline. However, this week may be different, for we could see a strong rally in the […]
Jul 09 2016 @ 05:24
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair moved sideways last week, with no major bearish or bullish movement, though the overall bias remains bearish. There are support lines at 1.0000, 1.0950 and 1.0900. The support line at 1.1000 is a formidable barrier, and should price go below it, the […]
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