Feb 10 2015 @ 02:57
Barclays shares (
LSE:BARC) are currently strong. The price was strong for the most part of the year 2014, though there were occasionally vivid pullbacks which allowed bulls to go long when things were slightly down and in the context of an uptrend. Looking at the historical data, it would be seen that the best approach […]
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 @ 11:54
Many a book on trading risk states the absolute necessity of placing stop orders. No stop, no trade. Such teachings not only place undue pressure on traders and investors, they also invite mistakes, as the pressure of procedure overrides the need to tune into the rhythm and harmony of the market and of yourself. Stops […]
Feb 04 2015 @ 03:57
FTSE stock (
FTSE:MCX) is a bull market. After a deep dip that occurred in October 2014, the market has traded upwards significantly till date, with more room for further bullish trend. In the chart, 4 EMAs are used and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is […]
Feb 04 2015 @ 03:30
Twitter shares (
NYSE:TWTR) trended downwards in the last few months of the year 2014. The price consolidated towards the end of that year and has done that so far. It can be seen that the price is now ranging between the upper and lower Trendlines, while the RSI period 14 is above the level 50, […]
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 @ 17:39
GOLD (XAUUSD) Dominant Bias: Bullish Gold went upwards last month, topping at 1307.35. After this, price began to trend lower around the end of that month, resulting in a serious threat to the existing bullish bias. There is a need for Gold to break the last month high to the upside, while trading further northwards […]
Feb 01 2015 @ 18:47
The EUR/JPY made a noteworthy effort to rally in the context of a downtrend, but the overall bias remains bearish. Only a movement above the supply zone at 135.00 can render this bias invalid. Otherwise, further southerly journey is expected this week. EUR/USD: This pair moved upwards last week and later consolidated till the end […]