Banks

The USD/JPY dropped by roughly 500 pips last week, testing the demand level at 116.50. The massive drop was partly due to the perceived weakness in USD, and the bearish movement might continue this week, targeting the demand levels at 116.00 and 115.50. In view of this, long trades are not recommended until it is […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair was engaged in a smooth bullish run last week, moving upwards 420 pips before the bearish retracement that was seen on Friday (February 5, 2016). The bearish retracement could be taken as a sale in the context of an uptrend, for the […]

WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 2 “The main purpose of the stock market is to make fools of as many men as possible.” Name: Bernard Baruch Date of birth: August 19, 1870 Nationality: American Occupation: Investor, financier, philanthropist, and statesman THE LONE WOLF OF WALL STREET Bernard was born in […]

FTSE 250 stock (FTSE:MCX) has plunged massively while the market remains volatile. The massive plunge has resulted in a bear market, which would hold out for this year. 4 EMAs are used for this strategy and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold started a persistent bullish journey a few weeks ago, and this is strong enough to threaten the current bearish bias on the market. Should the bullish journey persist for the next few days, that would lead to a new clean “buy” signal, leading to a Bullish Confirmation Pattern in […]

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 […]

Last week, the USD/JPY moved sideways from Monday to Thursday, in the context of an uptrend. On Friday, January 29, 2016, the price broke upwards significantly, testing the supply level at 121.50 (a movement of 300 pips). The outlook on USD/JPY, including other JPY pairs, is bullish for this week, and for this month. It […]

Here’s the market outlook for the week: EURUSD Dominant bias: Neutral This pair went up from the support line at 1.0800, reaching the resistance line at 1.0950. From that resistance line, price went down 120 pips. There is a neutral bias on this pair, which would remain in force until price goes below the support […]

$0.16 Earnings Per Share First Connecticut Bancorp, Inc.(NASDAQ:FBNK), the holding company for Farmington Bank, reported net income of $2.4 million, or $0.16 diluted earnings per share for the quarter ended December 31, 2015 compared to net income of $3.1 million, or $0.21 diluted earnings per share for the quarter ended December 31, 2014. Net income […]

“One of the keys to a trader’s success was not the results of a trade but rather how a trader reacted to the results of a trade.” – Dan Gamza Why me? Why did this happen to me? Those are some of the questions that disturb losing traders. After a series of losses, some of […]