Investing Advice

AUDJPY = Buy AUDUSD = Buy EURAUD = Sell AUDCAD = Buy AUDCHF = Buy GBPAUD = Sell 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 […]

The EUR/JPY experienced a nice bullish run last week, moving upwards from the demand zone at 133.50 and going far above the demand zone at 136.00. This movement of roughly 300 pips has resulted in a clear Bullish Confirmation Pattern in the chart, and this is a situation that could continue this week, for the […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold has been trending downwards recently, going below the supply level at 1199.00. The bias on the market is bearish, as efforts to push the price upwards have been invariably scuttled. Price consolidated for most part of the last week, and there could soon be a breakout to the upside […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD dropped below the support line at 1.0850 last week, but it could not stay below that line. From there, price rallied by over 150 pips, testing the resistance line at 1.1000. The overall bias remains bearish and it would be so, unless price […]

A Rule-based Swing Trading Method “This reminds me of the way many professionals trade. They are not looking to “shoot the moon.” They have set objectives and they exit when those objectives are reached. Doing so takes discipline and self-control, two ingredients needed by every trader who desires to become successful in this business.” – […]

I thought I would go through a couple of stocks that I’m a real fan of at the moment. Go onto longovershort.com and click on the companies tab to read full research pieces. At the moment I’m really looking for companies with strong production and strong balance sheets. Amerisur Resources (LSE:AMER) – The proposed pipeline […]

Plus500 stock (LSE:PLUS) has dropped like a stone following several months of consolidation phase. What is in the market is essentially a breakout in the favor of the bears, and the bias may continue as the price drops further south. The recent consolidation phase made the price move primarily between the Trendlines: a serious break […]

Iofina shares (LSE:IOF) have been showing some propensity to go south. Recently, the market conditions have been choppy as the bulls and the bears continue to struggle for supremacy. 4 EMAs are used for the analysis (the color that stands for each EMA is shown at the top left part of the chart). The EMA […]

The USD/JPY moved upward by 200 pips last week. The upwards journey started at the demand level of 119.50 and it has gone beyond the demand level at 121.50. This bullish journey has put an end to the recent protracted equilibrium phase in the market: the price would continue its journey upwards as long as […]

ENOC released a statement this week saying they are proposing a cash offer of 735p per Dragon Oil (LSE:DGO) share. I believe this is a truly low-ball offer and should be dismissed by shareholders. ENOC will pay more. I don’t believe the board will recommend this 735p offer. After failing to buy Dragon in 2009, […]