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The USD/JPY had trended nicely downwards last week. The price has moved down by 110 pips, now below the supply level at 120.50, and going towards the demand level at 120.00. There is a very strong Bearish Confirmation Pattern in the chart; plus it is likely that the price would go further south when momentum […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish EURUSD moved upwards 100 pips last week, still showing determination to go further upwards. The market would experience some equilibrium movement this week, owing to thin activities in the markets, but possibilities of surprise movements cannot be ruled out (especially on some other EUR […]

Succeeding as a Trader after Learning the Necessary Facts and Skills This book profiles 22 renowned super traders from around the world. Great traders who know what it takes to be successful in the markets. In this follow up to his previous book: “Learn From the Generals of the Markets,” the author gives an overview […]

Orders totaling over $735,000 LRAD Corporation (NASDAQ:LRAD), a provider of Long Range Acoustic Devices and advanced ONE VOICE mass notification systems, today announced it has received opening orders totaling over $735,000 for perimeter security and public safety in Asia and for a southeastern U.S. utility installation. The orders are comprised primarily of LRAD 1000X, LRAD […]

After GaAs Labs Matches the $0.48 Per-Share Offer Price of the Competing Bidder ANADIGICS, Inc. (Nasdaq:ANAD) today announced that affiliates of GaAs Labs, LLC delivered to the Company a proposed amendment raising the offer price to $0.48 per share from $0.35 per share as set forth in the previously announced November 11, 2015 agreement and […]

Strengthening UBIC’s Positioning in Asian Markets UBIC, Inc. (Nasdaq:UBIC) (TSE:2158), a leading provider of international litigation support and big-data analysis services, today announced that the Taiwan Intellectual Property Office recently issued two Notifications of Allowance to the Company for patent applications related to technologies powered by UBIC’s AI engine known as...

Expands Its Network in Northwest China iKang Healthcare Group, Inc. (Nasdaq:KANG), China’s largest private preventive healthcare services provider, today announced that it has acquired 70% equity interest of Xi’an iKang Health Management, which has 100% ownership in three medical centers under the brand name of Xi’an INLUNG, namely Xi’an Lianhu INLUNG Medical Center, Xi’an Weiyang […]

Last week, the USD/JPY tested the demand level at 120.50 and later rallied to test the supply level at 123.50. Afterwards, the price dropped by 230 pips to close below the supply level at 121.50. In face of these wild swings, the bias on the market is bearish, which means that the support level at […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish Although the dominant bias on this pair is bullish, the bias is seriously threatened. After testing the resistance line at 1.1050, the price went down by roughly 250 pips, almost reaching the support line at 1.0800. Based on the bearish expectation on EUR (and […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 19 “Just as picking up a five iron does not make you Tiger Woods, opening a brokerage account and sitting in front of a computer screen does not make you Peter Lynch or Warren Buffett. That is something you must work for, and it takes time […]