06 Mar 2013 @ 07:16
The Aminex shares (
LSE:AEX) are now technically strong, based on the reasons given below. The bull has shrugged off any possible selling pressure in the markets, therefore covering itself with its preferred buying pressure; just as the onion has its preferred costumes all over its body. The shares traded in some tight range from the […]
04 Mar 2013 @ 15:14
EURUSD Primary trend: Bearish This pair has trended downwards recently, with each intermittent rally providing a great opportunity to sell short. However, the downtrend has not been so strong because the price has hardly gone below the support line at 1.3000. The major bias remains bearish and it ought to continue so. Eventually, the price […]
04 Mar 2013 @ 06:52
AUDNZD: BUY The recent outlook was bearish, but since the middle of February 2013, the price found it difficult to go lower than the accumulation territory at 1.2150. As the price moved sideways while the bear and the bull engaged in some cut-throat struggle, the buying pressure increased. On February 20, 2013, the price crossed […]
02 Mar 2013 @ 17:28
“Now, if a trade moves against me, I’m out.” – Charles Kirk Many big and small financial institutions have collapsed – not just the only 2 that are mentioned in this article. However, the 2 institutions that are mentioned here are known to most well-informed fundamental analysts, especially those who also research past events in […]
01 Mar 2013 @ 21:44
A HEART-TO-HEART TALK Experience is the best teacher. Negativity in trading is compared to temporary setbacks in real life: it exists so that you can become a better trader. Losing streaks are equivalent of transient disappointments that celebrities face in their careers. They simply enable you to become an efficient risk manager. There are many […]
26 Feb 2013 @ 22:20
The yearly outlook on the Bank of America (
NYSE:BAC) for 2013 looks bleak and thus bearish. There has been a sell signal on the chart below. Normally, most market movement in a downtrend has the common result of forcing bulls to smooth their orders, as exit orders are being triggered. The bulls who sustain negativity […]
26 Feb 2013 @ 22:13
Affero Mining (
LSE:AFF) has been in a downtrend and would continue thus. When the price is under serious pressure, you see it start to fluctuate on the chart. The more the pressure is high, the more lasting and more significant the trend would be (as it goes down from an equilibrium zone). The ADX period […]
26 Feb 2013 @ 06:14
EURUSD Primary trend: Bearish The EURUSD traded in a significant downwards move recently – a bias that is ever valid. The indicators on the chart now give a vivid support of the bears’ hegemony. The price has already broken the support line at 1.3300 to the downside, and the next target would be the support […]
24 Feb 2013 @ 08:46
NZDJPY: SELL There is now a bearish possibility on the NZDJPY exotic cross as a result of the analysis given here. On the chart, the EMA period 56 and the RSI period 14 are used. Since the beginning of this year, this cross had been trending upwards, accentuated by vivid higher highs and higher […]
22 Feb 2013 @ 20:25
LEARN FROM GENERALS OF THE MARKETS – PART 22 “I love my career and am always learning more about trading. I felt my passion for the industry and harnessed it with full commitment.” – Chris Cashman Sam Seiden, a trading genius, started his trading career on the floor of the Chicago Mercantile Exchange. Since 1991, he’s […]