Feb 15 2015 @ 16:55
The EUR/USD has been making commendable effort to go upward in the context of a downward bias. This effort has enabled the price to close above the support line at 1.1350 and a movement above the resistance line at 1.1500 would result in a clean Bullish Confirmation Pattern in the market. The outlook on the […]
Feb 15 2015 @ 01:24
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Although the recent bias on this market is bearish, it should be noted that bulls have been making effort to push price higher. Price consolidated last week and traded upwards a little, closing at 1.1390, on Friday, February 13, 2015 . The outlook for […]
Feb 12 2015 @ 07:57
I don’t think there is another industry that is as opinionated as the industry of investing. Seems that you must have an opinion in order to make sound investment decisions. Analysts go to extreme lengths to prove to you why the FTSE is going to new highs this year or why you should sell it […]
Feb 11 2015 @ 16:43
LEARN FROM THE GENERALS OF THE MARKETS – PART 60 “By now, most private investors know that there are some grandmasters in the world of finance. It would be considered poor form not to emulate these… industry superstars.” – Jens Rabe We want to take a closer look at a hedge-fund titan – Barry Rosenstein. […]
Feb 10 2015 @ 03:05
Apple stock (
NASDAQ:AAPL) is currently trending northwards and it should continue doing so this year, although there could be some southward corrections along the way, which should be short-term in nature. The Apple stock experienced a smooth bullish run last year; consolidating when the year closed. The price has resumed its northward journey, reaching a […]
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 […]