PLUS1
Technical Analysis
Stupidity And Trading
Jun 23 2022 @ 09:07
Seven Varieties of Stupidity (and what to do about them) Note: I wanted to post an article titled: “3 Secrets of Everlasting Victory in the Markets – Part 2” but I had to postpone it in favor of the article below. Trading is a 100% psychological game, and that is why many experienced, knowledgeable, and skilled […]
8 Things I Wish People Had Told Me About Being A Trader
Jun 23 2022 @ 08:49
Not everyone will be happy for you. The tall poppy syndrome is alive and well. Be careful who you share your dreams with, especially early on in your trading career. A dream is the most fragile when it is first birthed. Trading sounds glamourous, but it isn’t. The best traders follow the same routines day […]
Annual Forecast for Chevron (2022)
Jun 21 2022 @ 06:24
Chevron Corporation stock (NYSE:CVX) has also gone downwards, posting a serious threat to bulls and eventually putting a stop to the bullishness that was witnessed from January 2022 till the middle of June. The ADX period 14, has its line at the level 20, which means that the current momentum in the market is not […]
Annual Forecast for BP (2022)
Jun 21 2022 @ 06:06
BP shares (LSE:BP.) have dropped like a stone, effectively putting an end to the recent bullish movement that was in the market. The bullish movement, which was seen from January 2022 to May the same year, has been put to an end effectively. Price precipitously like a stone and went below the EMA 21, closing […]
Struggling XRPUSD Experiences A Slight Drop In Price
Jun 20 2022 @ 02:10
Since the 15th of May, after the steep price crash, Ripple has been struggling; as its price action ranges sideways. Between the 10th to the 13th of June, we witnessed a slight, daily consecutive drop in price From $0.40857 to $0.31056. SUPPORT LEVEL: $0.3328, $0.29560, $0.28164 RESISTANCE LEVELS: $0.41653, $0.45513, $0.44444 Readings From Indicators The […]
Bitcoin’s Bullish Efforts Seem Pegged Around $30K
Jun 06 2022 @ 00:57
It is going to almost a month now as BTC/USD seems to be unable to break away from the $30,000 area. After the incident of BTC’s crash in May, the price action appears to be performing on a sideway pattern. The consolidation is around the $30,000 area. As at the time of writing this analysis, the price action is at […]
Annual Forecast for Standard Chartered (2022)
Jun 05 2022 @ 04:30
Standard Chartered stock (LSE:STAN) is an example of a strong, bullish market. Against all odds, price has been engaged in consistent bullish movements, since May 2022. The stock was also bullish in January and February 2022; while march and April saw flat movements. 4 EMAs are used for this analysis and they are EMAs 10, […]
Annual Forecast for Alibaba (2022)
Jun 05 2022 @ 04:23
Alibaba Group Holding Limited shares (NYSE:BABA) are bullish in the short-term. Price was quite choppy in January, and February 2022; while it plummeted seriously in March, only to rally in the same month, recovering the loss of the month and making a new monthly high. There was a bearish movement in April and May, and […]
Lucky Block Prize Surges 25% On Jackpot Draw Eve
Jun 01 2022 @ 03:52
Lucky Block (LBLOCK)’s highly-anticipated $1 million jackpot is only a few hours away. At press time, the LBLOCK jackpot and NFT winner will be announced in 35 hours, according to data from the network’s website. Apart from the $1 million jackpot up for grabs, Lucky Block is also giving away another $1 million in its NFT […]
EUR/USD Struggles At $1.0748, Above the 9-Day Moving Average
May 29 2022 @ 18:36
Looking at the daily chart of the 9-day moving average, we see the price action performing above the moving average curve. However, EUR/USD continues to struggle at $1.0700. At this point, there is a strong battle between buyers and sellers for market control. The up trending in the market may be due to inflation in […]
