Jul 07 2015 @ 01:22
There is nothing that cannot happen in the market in our favor or against us. Atlas Development shares (
LSE:ADSS) are weak: they have been caught in a long-term, slow and steady downtrend. The market journeyed south from the beginning of this year, and things became really volatile on the months of March to June, forming […]
Jul 07 2015 @ 01:10
It is better for buyers to stay away from Kibo Mining stock (
LSE:KIBO) now, so as to avoid regret. The stock has long been in a perpetual downtrend, for most past of this year. The gap-up that occurred in April 2015 was later filled and the downtrend was resumed. In the chart, 4 EMAs are […]
Jul 06 2015 @ 15:03
GOLD (XAUUSD) Dominant Bias: Bearish Gold remains a bear market, with the price breaking more and more support levels gradually. In this market, occasional rallies should be seen as opportunities to sell short when the price is high in the context of the downtrend. This month, bears would try to target the support levels at […]
Jul 05 2015 @ 17:55
The USD/JPY is currently a market in which short-term traders and scalpers thrive. There have been short-term swings in the market – as the price oscillates between the supply level at 124.00 and the demand level at 122.00. There is a need for a break above the aforementioned supply level or demand level before there […]
Jul 04 2015 @ 02:36
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Current events in the Eurozone will continue to shape the movement of EURUSD and other EUR pairs this week. Last week, price opened with a gap-down of about 200 pips before an upward bounce of over 300 pips occurred on Monday. On Tuesday, price […]
Jul 02 2015 @ 17:36
INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 8 “To be successful in the markets, you need to control your emotions and only act rationally. Since we never learned this in school, 90% of the traders and 80% of the investors are losing money.” – Florian Grummes Name: Marc Rivalland Nationality: South Africa, the […]
Jun 30 2015 @ 02:46
Metal Tiger shares (
LSE:MTR) are trying to rally and this is something that is supported by the present price action in the market. The price has been volatile but it can be seen that the bulls are gaining upper hands. In the chart, the ADX period 14 is at the level 30, which means that […]
Jun 30 2015 @ 02:40
Gulf Keystone stock (
LSE:GKP) has broken out of a long-term base and this could be the beginning of a persistent bullish run. The price trended south in January to March 2015. The gap that occurred in February simply proffered an opportunity to sell short in the context of a downtrend. Since April, the stock has […]
Jun 28 2015 @ 17:59
The GBP/USD fell by roughly 200 pips last week, threatening the recent bullish outlook on the market. The bullish outlook would be valid only as long as the accumulation territory at 1.5650 is not broken to the downside. Once the accumulation territory is breached to the downside, the outlook would become bearish – an event […]
Jun 27 2015 @ 16:37
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Because of the events in the Eurozone, EUR pairs might open with gaps this week and in case the gaps happen, they would harbinger great volatility in the markets for the rest of the week. EURUSD trended downwards in the beginning of last week, […]
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