Investing Advice

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish Against all odds and contrary expectations, EURUSD went further upwards last week. From around the support line at 1.1150, price went upwards towards the resistance line 1.1450 (a movement of at least, 300 pips). The next targets for the bulls are located at the […]

“Markets are simply the markets. They move up, down and sideways with or without you. I don’t believe they are out to get you or give you anything. They just do what they like. Your job, if you want to succeed, is to assess conditions and align with trends.” – Mike Melissinos Why trade? Have […]

President Energy stock (LSE:PPC) is really at a critical point. This is a point in which the stock does not go either upwards or downwards, consolidating since the beginning of 2015. A breakout to the upside or the downside is expected soon on this market. While some wait for a breakout to the upside, a […]

Emed Mining shares (LSE:EMED) have assumed a northward journey in the context of a downtrend and it would require further northward attempt before the downtrend can become bullish. 4 EMAs are used for the analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the […]

EURUSD = Sell EURCAD = Sell EURAUD = Sell EURNZD = Sell EURJPY = Sell EURCHF = Sell EURGBP = Sell 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 […]

This week, the event on the EUR/JPY cross would largely be determined by the strength in the EUR itself. Should EUR continue to maintain its stamina, the cross would continue its bullish journey, testing the supply zones at 136.00 and 136.50. Any significant weakness in the EUR would cause the cross to plummet. EUR/USD: This […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair made further bullish attempt last week, though the bears are trying hard to frustrate the attempts. The price is now above the support line at 1.1150. There are other support lines at 1.1100 and 1.1050, which should act in support of the […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 4 “It is easier to make money if you start with a good mentor: but mentors that make millions on their own and still accept to teach are really few in the industry.” – Dr. Emilio Tomasini Name: Martin Zweig Date of Birth: July 2, 1942, […]

TomCo Energy shares (LSE:TOM) are expected to experience a breakout to the upside, which may happen this week or next. The volatile market has been making shallow but protracted bearish attempt, but there would soon be a breakout to the upside. The ADX period 14 is not above the level 30, meaning that the momentum […]

New World Oil stock (LSE:NEW) has shown that a new trading opportunity would inevitably be generated soon, based on the current price action. This is an attractive market indeed. For several months, the stock has been trending downwards, while also consolidating to the downside. The price is now under the EMA 21 and the Williams’ […]