Financial Guides

It is interesting that some currency pairs and crosses opened with conspicuous gaps this week. This means that there would be directional movements in the markets sooner or later. EURUSD: This pair opened with an upwards gap on Sunday, and it has been trending downwards since then. Should this downward attempt continue, it would be […]

The Cable was bullish throughout last week; moving significantly upwards without much retracement. The distribution territory at 1.5900 is thus an easy target. EURUSD: This pair is still caught in a bullish bias in spite of the turbulent consolidation that is presently going on. It is very much likely that when the momentum is gathered, […]

LEARN FROM GENERALS OF THE MARKETS – PART 36 “If you want to improve your trading you have to control yourself.” – Norman Welz William J. O’Neil was delivered as a bouncing baby boy in March 25, 1933, in Oklahoma City. He grew up in Texas. In Dallas, Texas, he attended Woodrow Wilson High School. […]

What is happening on Anglo Asian Mining stock (LSE:AAZ)? The market has long been showing deadly struggle between bulls and bears; plus the bulls are currently gaining upper hands. Wouldn’t it look better if the bears accept reality and stop struggling? A blind man who is keeping malice with the housekeeper would suffer by wandering […]

The condition on Red Rock Resources (LSE:RRR) is currently perfect for long trades. After a prolonged bear market which ended at the end of July 2013, the price has been trending upwards till now. Chart readings that are focused on smaller timeframes would subject one to too much confusing noise, and that is why it […]

Every evening Americans turn on their TV’s to catch up on the news of the day.  Among the top five headlines of the day, there is inevitably something like this:  “The Dow Jones Industrial Average was up 32 points today on news that . . .”  For the average American, that’s the most attention that […]

The JPY pairs started this week with upwards gaps, and since then, they have been making bullish attempts. EURUSD: This pair has rejected the recent bearish threat on it. The price moved upwards on Monday, breaching the resistance line at 1.3250 to the upside and trading above it. The Williams’ % Range has supported a […]

The fundamentals that were released on Friday, September 6, 2013 caused some corrections in the markets, but the dominant biases are still valid. EURUSD: The dominant bias on this pair is bearish, and the bullish attempt that was brought about on Friday could encounter an immediate check at the resistance line of 1.3200. This week, […]

“Trading rarely takes as much time as you think it will when you get started. Once you’ve nailed the concepts, the actual time it takes to trade is actually measured in minutes, rather than hours.” – Louise Bedford This topic is now a bone of contention among traders. Some say that indicators only confirm what […]

AFC Energy shares (LSE:AFC) may go further south, based on the price action which is currently on the chart. The market was turbulent in July 2013 and it traded downwards in August 2013. This outlook is expected to continue. Further bullish attempts were rejected in July, and since then the price has broken the lower […]