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Pentagon Protection Gets Protected Against Bears

May 07 2013 @ 15:50
The outlook on the Pentagon Protection stock (LSE:PPR) appears smashing right now. This stock has really been protected against bears, and the protection remains valid. The ADX period 14 is almost above the level 40, while the DM+ is above the DM- (signifying strong buying pressure). The MACD (default parameters) has its signals line far […]
 

Quindell Portfolio Is Being Dragged Downwards

May 07 2013 @ 15:45
Fortunately for sellers, Quindell Portfolio shares (LSE:QPP) are moving downwards. And they would continue to move downwards because of the technical reason given below. On the chart, the major trend has been bearish, so the weak rally that was seen last month was a perfect opportunity for sellers to drag the price lower at a […]
 

AUDUSD Technical Analysis for May 07, 2013

May 06 2013 @ 22:45
In yesterday’s session, the AUDUSD had a very bearish day, falling to strong support level at 1.0240. That support in the AUDUSD is a very important level, because there have slowed declines in recent days on the aussie and if this pair breaks that support, it is likely to see a fall below the psychological […]
 

Weekly Trading Forecasts (May 6 - 10, 2013)

May 06 2013 @ 01:57
The markets are now at critical levels and thus require tact to handle. Prices are now approach major supply and demand zones. When open orders are smoothed, bulls go against bears and bears go against bulls. This kind of scenario would signal that, should Smart Money exit all their orders, the market would be forced […]
 

USDJPY Technical Analysis for May 06, 2013

May 05 2013 @ 19:10
The USDJPY has been unable to define its path, bullish or bearish on the daily chart and one should be aware of the moves that can be made this week, which can be very crucial in this pair. The USDJPY had little bullish movements last week, forming a bullish trend line that is serving as […]
 

GBPUSD Technical Analysis for May 06, 2013

May 05 2013 @ 19:05
Last week, the GBPUSD had slight movements that failed to overcome the barrier of 1.5600 level. Possibly GBPUSD is forming a lower high pattern to continue the climb but it is very difficult in the medium term due to the level of 1.5600, there is a very strong resistance supported by the 200 day moving […]
 

Weekly Thoughts of a Trading Maverick – May 6, 2013

May 05 2013 @ 17:03
The trend is really your friend, only before there is that bend in the end. Trend-following systems must have positive expectancy incorporated into them; for trend-following tend to have low accuracy. Moreover, one needs to pay attention to demand and supply levels, because of major reversal points. People are ‘clearly’ interested in knowing how to […]
 

John Paulson: A Celebrated Gold Trader

May 03 2013 @ 13:03
LEARN FROM GENERALS OF THE MARKETS – PART 27 “Work actively and constantly on turning a correct idea into a useful action which will then become an unconscious habit – if you do, you can manage to be a successful trader, too.” – Norman Waltz John Paulson was born in December 14, 1955, to Alfred […]
 

EURUSD Technical Analysis for May 03, 2013

May 02 2013 @ 21:37
The EURUSD had a bearish session yesterday, approaching to the support at the psychological level of 1.30, a very important zone. The EURUSD fell 200 pips since the economic data released yesterday, which favored the U.S. Dollar. For today’s session will be published the now famous Non-Farm Employment Change (Previous: 88K / Forecast: 146K). If […]
 

EURUSD Technical Analysis for May 02, 2013

May 02 2013 @ 00:27
In yesterday’s session, there were no significant changes in the EURUSD, indicating that this pair is preparing to receive the impact of economic data that will be published in the coming hours. The EURUSD is near a strong resistance at the 1.3194 level and is a very crucial this levale because if the EURUSD break […]
 
 
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