Investing Advice

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair first traded downwards last week, reaching the support line at 1.0750. Around that support line, further bearish movement was rejected and price rose by 250 pips. There is now a clean Bullish Confirmation Pattern in the chart: there is a possibility that […]

“Trading and investing are games of possibility. We know from quantum physics that the universe is a place of infinite possibility. Isn’t it time that you found your own individual self and expressed that in your trading and investing?” The markets offer riches that can’t be accessed unless you become a trader or an investor. […]

ADVFN shares (LSE:AFN) look promising, showing a great deal of energy. The price consolidated last year and broke upwards significantly this year. The price topped at the supply level at 130 and then retraced lower towards the near-term demand level at 117. We know this is a bull market, but buyers should look for optimal […]

Exxon Mobil stock (NYSE:XOM) is very weak right now. The stock trended downwards towards the end of last year (2014), and it went further downwards this year. Things have been bearish so far. In the chart, 4 EMAs are used and they are EMAs 10, 20, 50 and 200. The color that stands for each […]

The Cable moved only sideways throughout last week, with neither the bull nor the bear gaining an upper hand. As long as the bull and the bear seem to have equal stamina, the sideways movement can continue – until there is a rise in momentum which could cause an imbalance in the market. The imbalance […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish EURUSD, which has been making some bullish attempt since a few weeks ago, is now above the support line at 1.0850. On the downside, there are support lines at 1.0800 and 1.0700. On the upside, there are resistance lines at 1.1000 and 1.2000. It […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 1 “Many would-be traders are afraid to take the profession seriously. They dream of making huge riches, but they aren’t willing to put in the time and effort to make their dreams come true.” – Joe Ross Name: Lan Turner Date of birth: February 5, 1964 […]

Nokia shares (NYSE:NOK) have formed what I can call a predictable channel in the market. Based on the price action for the past several months, one would need to use a swing trading approach for this market, selling at the peak and buying at the trough. The indicators in the chart are currently nothing to […]

BP stock (NYSE:BP) was generally bearish last year. The market made some commendable bullish attempts since the beginning of this year 2015. In early March 2015, the price dived seriously but this has been recovered. If I am thrown off by a horse, I will mount it again. Now the price has crossed the EMA […]

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 […]