Financial Guides

The EUR/JPY has shown its inability to trade higher than the supply zone at 143.00, in spite of testing it several times last week. Should the price then fall below the demand zone at 142.00, it could mean the beginning of a new bearish trend. EUR/USD: After moving sideways for most of last week, this […]

Selling the Rallies and Buying the Dips in Direction of Dominant Biases “All you can do in the end is do your best, and keep building up your trading skills. If you keep trying to excel, but stay realistic, you’ll eventually achieve lasting success.” – Joe Ross In a recent article titled ‘An Introduction to […]

Next week, the markets are expected to keep on going contrary to the dominant biases. As expected, there have already been breakouts from the current equilibrium phases that are seen in some cases. As the breakouts are being expected, it would also be helpful to watch what volume is doing. Experienced traders know that volume […]

Long-term Pending Orders at Effective Demand and Supply Zones “I know, that all action on the market is there to be read in the chart: as long as one knows where to look and what to look for.” – Alan Saunders This is an introduction to a signals strategy that would start coming up later […]

LEARN FROM GENERALS OF THE MARKETS – PART 44 “Most people don’t understand that they need a trading system if they are to make money in the markets. Most importantly, that system must fit you, your objectives, your psychology, and your beliefs, for you to be able to trade it effectively.” – Dr. Van K. […]

Google stock (NASDAQ:GOOG) has been bullish for a few months. It is common for the price to enter a consolidation territory, remain there a little, and later break out higher in favor of buyers. This is what is happening right at the present. The price, which broke out above the upper Trendline, has entered another […]

Royal Bank of Scotland shares (LSE:RBS) has assumed a new lease of an uptrend, which would enable bulls to collect many socks along the way up, while bears lose their socks. The market was recently in a downtrend, but further downward movement was rejected in the month of December 2013, as the price broke upwards. […]

The USD/CHF remains bullish. The bearish correction it experienced yesterday simply gave an opportunity to go long when the price pulled back in the context of an uptrend. EUR/USD: The EUR/USD remains bearish. The bullish correction it experienced yesterday simply gave an opportunity to go short when the price went up in the context of […]

The EUR/USD was able to reach the forecasted target at 1.3600 on Friday. The outlook for this week is bearish. The price is now trading below the resistance line at 1.3600, going towards the support line at 1.3550. EUR/USD: The EUR/USD was able to reach the forecasted target at 1.3600 on Friday. The outlook for […]

“Everyone wants results without the struggle. We want success faster, more easily, and without the risk of failure. As a trader though, we know that we have to accept that this is an immature way of living.” – Louise Bedford There have been reactions from readers of my past articles – whether here or somewhere […]