Oct 10 2015 @ 02:36
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish EURUSD went north last week, closing above the support line at 1.1350. This seems to have ended the recent choppy movement in the market. By every indication, it is much more likely that the pair would continue going upwards this week, breaking above the […]
Oct 09 2015 @ 17:57
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 […]
Oct 07 2015 @ 17:48
INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 14 “Most traders will quit and stay away from trading after blowing up a few trading accounts. But those with grit will constantly reflect upon their actions and seek to better themselves, which separates the winners from the losers.” – Rayner Teo Name: Martin Schwartz Year […]
Oct 07 2015 @ 03:14
Oxus Gold stock (
LSE:OXS) is now rated a buy because of the current bullish price action. The breakout that has been performed this month can still be sustained in spite of the correction that is currently happening. We cannot enter a market simply because of a strong volume. There are other factors to be considered. […]
Oct 07 2015 @ 03:08
Gulf Keystone shares (
LSE:GKP) are making noteworthy attempts to go up. The price dived further in August 2015, but it later rose before the end of that month. In September there was easement in the bullish effort; but right now, the price is making some bullish effort against all odds. What is the result of […]
Oct 05 2015 @ 00:40
The USD/CHF performed a large pullback on Friday, in the context of an uptrend. Unless the price goes below the support level at 0.9600, the pullback would proffer a wonderful opportunity to go long at a better price. The resistance level at 0.9800 could be tested this week, but a strong buying pressure is required […]
Oct 04 2015 @ 02:51
NZDUSD = Buy NZDJPY = Buy NZDCAD = Buy NZDCHF = Buy EURNZD = Sell GBPNZD = Sell AUDNZD = 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 […]
Oct 03 2015 @ 18:59
GOLD (XAUUSD) Dominant Bias: Bearish Gold has been trending downwards for several weeks, with intermittent rallies along the way. The intermittent rallies were sometimes strong enough to threaten the existing bearish bias in the short term. On October 2, 2015, price spiked upwards seriously, threatening the existing bearish bias again; but the bias would not […]
Oct 03 2015 @ 05:05
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD was volatile for most past of last week, and there is not yet a strong directional movement, though the bias is bearish. Even the bullish breakout that was performed on Friday could prove to be a false breakout unless the resistance lines at […]
Oct 01 2015 @ 19:04
EURGBP has been performing a bullish consolidation above the 0.7384 support zone, after a rebound made around the 200 SMA territory. At H1 chart we should note the current upside moves held by this pair, after some deeper corrections from the pullback made around the resistance level of 0.7427. We’re seeing a higher high pattern […]