May 14 2016 @ 20:20
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair simply moved sideways in the first few days of last week – a result of deadlock between bulls and the bears. On May 12, 2016, the bears were pummeled and forced to give way, as price moved south vividly, just as it […]
May 12 2016 @ 10:34
WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 8 “Try not to do something just because everyone else is doing it. Successful traders are rare. If the crowd is doing it, watch out!” – Andy Jordan Name: Alan Howard Date of birth: September 11, 1963 Nationality: British Occupation: Hedge fund manager and philanthropist […]
May 11 2016 @ 05:34
Highlands Natural Resources shares (
LSE:HNR) have shot upwards in a significant mode, and they would go further and further upwards, gaining at least 500% more before the end of this year. There would be temporary dips and pauses along the way, but the overall movement would be in favor of buyers. This market was completely […]
May 08 2016 @ 17:34
The USD/CHF went down on Monday and Tuesday, dipping into the support level at 0.9450. From that support level, further downward movement was rejected as the price started a smooth rally, which took it above the support level at 0.9700. This has resulted in a bullish signal: the price is expected to rally further this […]
May 07 2016 @ 05:25
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral EURUSD went upwards on Monday and Tuesday, topping at 1.1615. Since then, price has come down by over 200 pips, closing at 1.1403 on Friday. It is clear that the gains made by bulls have been erased by bears, but the bias on the […]
May 05 2016 @ 21:45
A Crucial Question from All Traders A positive expectancy method makes you risk less than you plan to win; reverse the logic for a negative expectancy method. Therefore, a negative expectancy trading method is what you must abandon, for there is no reason for you to abandon a positive expectancy method. There is no trading […]
May 03 2016 @ 03:40
Gulf Keystone shares (
LSE:GKP) were under selling pressure for most of the year 2015. The price has also been bearish so far this year and this is a trend that is expected to continue. In the daily chart, 4 EMAs are used, and they are EMAs 10, 20, 50 and 200. The color that stands […]
May 03 2016 @ 03:29
Randgold Resources stock (
NASDAQ:GOLD) has broken out of a strong base that was formed in the last few months. The first two months of this year was characterized by a strong rally, followed by a strong consolidation that occurred within the last months of the year 2016. Right now, the price has gone above the […]
May 02 2016 @ 04:57
GOLD (XAUUSD) Dominant Bias: Bullish Gold was quite choppy in the first three weeks of April 2016, characterized by short-term upswings and downswings, all in the context of an uptrend. In the last week of April, Gold experienced a sustained trending movement. Price moved upwards by 6500 pips last week alone, breaking one resistance level […]
May 01 2016 @ 17:37
The EUR/USD went upwards by 230 pips last week. The movement was a week long and that has resulted in a bullish bias in the market. The resistance line at 1.1450 has already been tested and the price is expected to go above it this week, testing another resistance lines at 1.1500 and 1.1550. EUR/USD: […]