Investing Advice

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD only consolidated to the downside last week, in the context of a downtrend. There are resistance lines at 1.0750 and 1.0800, which could check rally attempts. There are also support lines at 1.0500 and 1.0450, which are the targets for bears, since further […]

Joe Ross is a trading legend, having made a living from the markets for – hold onto your hats – 58 years. He has been trading and investing since his first trade at the age of 14. Currently, he is a well-known and respected master trader and investor. He has survived all the ups and […]

Victoria Oil and Gas stock (LSE:VOG) has dropped steeply as a result of a strong selling pressure in the market. This is a development that is supposed to continue for the rest of this year. The southward movement started around the end of October 2015; becoming significant recently. 4 EMAs are used for the market […]

The outlook on NASDAQ 100 market (NASDAQI:NDX) is currently bright since it is assumed that the price would be able to sustain its current bullishness – as shown by the price action in the chart. NASDAQ 100 started moving north in October 2015, and it has been able to sustain that movement so far. The […]

Historical data reveals that Gold tends to rally during Thanksgiving celebration in the U.S. – which is held on the 4th Thursday of November of each year. Gold rally often takes place in the week in which the celebration is observed, but in order to check the validity of this trading idea, we would like […]

The USD/JPY did not make any significant directional movement last week. It just went up and down in a shallow manner, though the bullish bias remains valid. This week, there is a probability that the pair could continue moving upwards, owing to the expected loss of stamina in the Yen. EUR/USD: There was no directional […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD did not make any serious directional movement last week, for what was seen was slow short-term movements to the upside and downside (and they were nothing significant). On Friday, price closed at 1.0645, highlighting the ongoing weakness in the pair. There is a […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 17 “A main focus for us is showing traders how to reduce risk with three important tools. The first is the proper use of protective stop orders, the second is proper position size and the last, but maybe most important tool is to keep losses small.” […]

SKIL Ports and Logistics shares (LSE:SPL) has a strange-looking price action in its chart. The price is jumpy, chaotic and choppy – this is a type of the market that needs an optimal risk management plan. In the chart, the ADX period 14 is not too far from the level 30 while the DM+ is […]

Paragon Diamond stock (LSE:PRG) is expected to continue its current weakness, just in solidarity with the extant bias in the market, which is bearish. You would need to accept realities before you can survive the markets. The price has gone far below the EMA period 21 and the Williams’ Percentage Range period 20 is rigidly […]