Oct 18 2014 @ 05:08
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish The major determinant of the direction of the EUR/USD (including most other USD pairs) is the USD itself. As a result of the weakness in the USD, the EUR/USD pair has been able to sustain its bullish attempts, which have been going on for […]
Oct 16 2014 @ 06:22
There is now an opportunity to go short in Leni Gas market (
LSE:LGO). Although the market has been going upwards for the most past of this year, the recent bias has turned bearish and has rendered the dominant bullish bias invalid. In the chart, the ADX period 14 is still essentially above the level 30, […]
Oct 16 2014 @ 06:14
JQW stock (
LSE:JQW) shall plunge towards the demand level at 30.00 within the next several weeks or months. This is very likely because the dominant bias has been bearish since the beginning of July 2014. Now, there is a clean rally attempt in the market, which gives another opportunity to go short at a better […]
Oct 15 2014 @ 16:16
LEARN FROM THE GENERALS OF THE MARKETS – PART 53 “You need to get comfortable with losing money, or you will never make money.” – Chris Tate Michael Marcus is a professional trader. He went to Johns Hopkins and studied Psychology at Clark University. He started speculating on the markets in the year 1972. His […]
Oct 15 2014 @ 06:25
The FTSE managed to finish higher on Tuesday after better-than-expected trade data out of China saw money flow into mining sectors. Anglo American climbed by 4.7% and Rio Tinto rallied 4.2% as traders bet that the recent volatility in equities was overdone. Overall though, it was a positive session after last weeks near 3% drop. […]
Oct 15 2014 @ 01:17
AUDCAD = Buy USDCAD = Buy EURCAD = Buy CADJPY = Sell CADCHF = Sell GBPCAD = Buy NZDCAD = 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 13 2014 @ 17:25
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 […]
Oct 13 2014 @ 16:22
The AUDUSD is trying to establish itself back above the average of the 200-day moving average on the H1 chart. The AUDUSD is trying to form a higher high pattern to try to reach the resistance level of 0.8821 in the short term, although the pair has formed a fractal above the moving average that […]
Oct 12 2014 @ 18:00
In spite of the bullish attempt that happened on it last week, the Cable is still in a bearish mode. The price is now below the distribution territory at 1.6100, going towards the accumulation territory at 1.6000. The price might touch the accumulation territory before there could be a potential upwards bounce in the market. […]
Oct 12 2014 @ 10:23
The EURJPY is consolidated in the outstretch bearish below the resistance level of 136.37 on the H1 chart. This pair has been in a straight drop for 2 days, where the EURJPY found strong resistance at the 200 SMA. If EURJPY does a breakout at the support level of 135.89, it would be expected to […]