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 […]
Oct 11 2014 @ 04:15
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Recently, this pair made some commendable effort to rally, but the Greenback is still very determined to continue showcasing its strength. The attempted rally in the market had almost invalidated the bearish outlook before the bears succeeded in pushing the price significantly south. The […]
Oct 09 2014 @ 06:20
Early this week stock markets resumed their declines after more evidence of a global slowdown emerged following the release of poor German industrial production. In September, markets had been unsettled by weak economic data, the latest news coming from Germany added to the bearish tone. The FTSE 100 is down 5.5% from its September high. […]
Oct 09 2014 @ 04:55
Bahamas Petroleum shares (
LSE:BPC) looks very attractive to buyers as a result of the buying pressure in the market. Even if the price gets corrected southwards, it would eventually rally and break more and more supply levels to the upside. Recently, the price has formed a strong base after it experienced a sharp drop. The […]
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