Investing Advice

IG Group stock (LSE:IGG) has just experienced what can be called a flash crash. Whatever happens afterwards would determine whether this would be the beginning of a new bearish trend or whether the gap would be filled. Price went upwards from July to September, 2016. Since then price started going south gradually from October… Until […]

Amur Minerals shares (LSE:AMC) are moving northwards. This is a bull market, and the recent bearish correction is just an opportunity to buy long when things are on sale, and in the context of a downtrend. 4 EMAs are used for the strategy and they are EMA 10, 20, 50 and 200. The color that […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold trended downwards throughout last November, dropping over 16,000 pips from the high of 1336.98 on November 9. The overall bias is bearish, and therefore, the bearish movement is supposed to continue till the end of the year. Right now, price is consolidating, and that is what it has done […]

The GBP/USD ended a two-week consolidation by breaking upwards significantly, just as it was already anticipated. Price went upwards 330 pips, closing above the accumulation territory at 1.2700. GBP would rally versus some majors this week, and as it is rallying versus USD (which is also strong in its own right), further bullish movement is […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD consolidated throughout last week – in the context of a downtrend. A closer look at the market reveals that there has been some consolidation to the upside, and there would be some bullish attempt this week. EUR would rally versus most other major […]

REWARD VERSUS MEANING Trading success does not follow a linear trajectory, success ebbs and flows with good times and bad times. If you trade for long enough you there eventually will come a time when you question the decision you have made to become a trader. It all seemed so easy initially and there was […]

AUS200 Dominant bias: Bullish On November 9, AUS200 dipped massively, reaching a low of 5042.00. Since then price has climbed numerous resistance lines (now support lines) gaining roughly 4500 points. Since the bias on the market is bullish, it is expected that price would continue going upwards till the end of the year. While there […]

Tethys shares (LSE:TPL) are not an attractive market at the present. Price has been quite choppy for several months and the best action to take is to stay away from the market right now. Price has swung below the EMA 21 – in a volatile, choppy and unreliable manner. The MACD, default parameters, has its […]

Pantheon Resources stock (LSE:PANR) has gapped down in a an equilibrium market. The market went gradually downwards in August and September 2016, and then gapped down recently. Right now, The ADX period 14 is below the level 20, still reflecting the recent equilibrium phase in the market (though the ADX line would rise upwards any […]

The GBP/USD moved sideways throughout last week, resulting in a neutral bias in the near-term. The neutral bias has been going on for about two weeks, while the dominant bias on higher timeframes is bearish. A break out of the sideways movement is expected this week or next, and would most probably favor bears. EUR/USD: […]