Bubbles

EURUSD = Sell EURCAD = Sell EURAUD = Sell EURNZD = Sell EURJPY = Sell EURCHF = Sell EURGBP = Sell 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 […]

The USD/CHF went downwards on August 1 and 2, and then began a bullish journey that lasted till August 5. This happened in the context of a downtrend and it has not invalidated the downtrend, which would hold for some time. When price goes beyond the resistance level at 0.9950, a clean bullish signal would […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair could not sustain the bullish run it started in the last week of July 2016. Price made a faint bullish effort on Monday and Tuesday, went briefly above the resistance line at 1.1200, reached the weekly high of 1.1231, and then declined […]

WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 14 “My advice to… both strategy creators and investors — is to always have a ‘what-if’ plan. Always know what you’re going to do, when the unlikely or unexpected event occurs. You can’t anticipate everything in advance, of course — not specifically — but you […]

Ironridge shares (LSE:IRR) are trending strongly upwards right now. This is an ideal market for those who love to follow this kind of chart pattern: a strong and protracted base, followed by a strong and protracted breakout. This is exactly what has happened in the market. 4 EMAs are used for this analysis and they […]

Gulf Keystone stock (LSE:GKP) is a doomed and hopeless market, which is expected to continue trending downwards and downwards, after it goes out of the current equilibrium phase. Price has been caught in a tight equilibrium phase, which has started since April 2016. This has resulted in a strong base, which would eventually lead to […]

AUS200 Dominant bias: Bullish AUS200 moved north by over 3700 points in July 2016, as it was anticipated. There is a Bullish Confirmation Pattern in the daily and 4-hour charts, emphasizing bulls’ hegemony. In this market, the best trading approach now is to buy short-term pullbacks whenever they happen, providing that a pullback is followed […]

GOLD (XAUUSD) Dominant Bias: Bullish Gold moved upwards in the first few days of July and then began to consolidate to the downside. The downside consolidated was conspicuous from July 13 to 27. But in the last few trading days, price started moving upwards gradually – an action that saves the current bullish bias in […]

The USD/CHF went upwards at the beginning of last week, and almost reached the resistance level at 0.9950. From that point, price declined 300 pips, to close at 0.9635 on Friday and below the resistance level at 0.9700. Price is expected to reach the support levels at 0.9650, 0.9600 and 0.9550 this week. The only […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair assumed a bullish journey last week, going upwards 230 pips. Price topped at 1.1195, closing above the support line at 1.1150. There is now a bullish signal in the market, which shows the possibility of price going further upwards. As forecasted in […]