Investing Advice

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish Last week, this pair moved north by over 420 pips. Price moved above resistance lines at 1.1250 and later fell below it, closing just below the resistance line at 1.12000. While it is not impossible for EURUSD to reach the resistance lines at 1.1300 […]

“Trading success depends on your system, your relationship with yourself and your relationships with others. Your feelings drive all of these components. When I first started, I thought it was all about the system. How silly and naïve I was in those days.” – Mike Melissinos What do you think is the answer to the […]

NZDUSD = Sell NZDJPY = Sell NZDCAD = Sell NZDCHF = Sell EURNZD = Buy GBPNZD = Buy AUDNZD = 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 […]

For several months in a row, Kefi Minerals stock (LSE:KEFI) has been unable to close below the great support level at 1.00, in spite of the cut-throat attempts from the bears. The bears are desperate to push the price below the support level, but the bulls are too stubborn to allow that (while they themselves […]

Falkland Oil & Gas shares (LSE:FOGL) have some signs of stamina in them, in spite of extremely turbulent market phases they experience. The price would skyrocket and then plummet. This is a challenging market for novices – but what is called challenges in trading are really opportunities for super traders. However, the price might still […]

The EUR/JPY first consolidated last week, but it broke upwards on April 23, 2015. The upward break has enabled a Bullish Confirmation Pattern to form in the market, and the price might reach the supply levels at 130.50 and 131.00. This outlook would be valid as long as the EUR does not sustain exponential weakness. […]

Fifteen years ago, in 2000, the sages warned that the dot.com bubble was going to burst. They were right. It did. I don’t remember them saying that it would come bubbling back in 2015. But it did – yesterday. Some may want to call it by a different name, but when the NASDAQ (NASDAQI:COMPX) rose […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish Within the first few trading days of the last week, this pair moved in a tight range. On April 23, there was a breakout in favor of the bulls, enabling price to go above the support line at 1.0850. It is possible for the […]

The New York Stock Exchange is still waiting for the opening bell as I commence this story, but Caterpillar (NYSE:CAT) is already up 2.7% in pre-market trading as the company reported an earnings of increase just in excess of 20%  at $1.1 billion and a diluted profit per common share of $1.81, up 26% from […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 3 “I was born with a fierce need for independence.” – Michelle Williams Name: Michelle Williams Date of birth: September 9, 1980 Nationality: American Profession: Actress Career Michelle is a popular actress, just as her dad, Larry Williams is a popular trader. Although, she’s best known […]