Feb 12 2015 @ 06:32
Yesterday I saw the breaking of a key resistance level in the S&P 500. This could change the entire short term forecast. The S&P 500 Index finished flat on Wednesday after a quiet session on Wall Street where trading volume was around 3.5% lower than the three-month average. However, trading picked up after the close […]
Feb 11 2015 @ 21:17
The NZDUSD is looking to form bearish patterns below the 200 SMA at the H1 chart, in order to strength the main bias, that is very bearish. The daily pivot point is placed at the level of 0.7387 and the Kiwi is trading below that zone. We could expect a fall to the support level […]
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 @ 22:20
The EURUSD is currently trading in sideways, as we can see it on the H1 chart, above the daily pivot point level of 1.1317. Currently, we would like to see a rebound until the 200 SMA, but remember that a breakout at the support level of 1.1276, could unleash the bearish force to drive this […]
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 05 2015 @ 07:34
Have you noticed how difficult it is to make money from trading the financial markets? And why a large proportion of traders lose money? Is it possible to make a living from trading? Yes it is, but you must be prepared for it, you must accept that money can not be made every week and […]