04 Feb 2015 @ 10:18
USDJPY = Buy AUDJPY = Buy CADJPY = Buy CHFJPY = Buy EURJPY = Buy GBPJPY = Buy NZDJPY = Buy 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 […]
03 Feb 2015 @ 10:39
GOLD (XAUUSD) Dominant Bias: Bullish Gold went upwards last month, topping at 1307.35. After this, price began to trend lower around the end of that month, resulting in a serious threat to the existing bullish bias. There is a need for Gold to break the last month high to the upside, while trading further northwards […]
02 Feb 2015 @ 11:47
The EUR/JPY made a noteworthy effort to rally in the context of a downtrend, but the overall bias remains bearish. Only a movement above the supply zone at 135.00 can render this bias invalid. Otherwise, further southerly journey is expected this week. EUR/USD: This pair moved upwards last week and later consolidated till the end […]
31 Jan 2015 @ 22:59
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The outlook on this market remains bearish. Price made serious bullish attempts, reaching the resistance line at 1.1400 and then consolidated till the end of last week; all in the context of a downtrend. This week, the downward trend can continue, enabling price to […]
30 Jan 2015 @ 05:18
Shares of Royal Dutch Shell (
LSE:RDSA) took a shelling today despite a healthy increase in fourth quarter and full year results. Its shares closed at 2,153.5 yesterday, 28 January, but opened today at 2,079.0, down 3.5%. They kept falling in the opening minutes to 2,060.0 up until 8:11 a.m., from whence they struggled to gain […]
29 Jan 2015 @ 23:13
LEARN FROM THE GENERALS OF THE MARKETS – PART 59 “To me, the freedom to be able to work when and where I want to is even more important than the money. This freedom is, of course, easy to attain by working as a trader.” – Ruediger Born Daniel S. Loeb was born in December […]
29 Jan 2015 @ 04:56
I want to (re)prove a point today that I have tried to make on several occasions: The real news is in the story; not necessarily in the headline. That is why this headline for this article appears to be contradictory. Indeed, the share price of Caterpillar (
NYSE:CAT) is up 1.40% to 80.96 on the New […]
28 Jan 2015 @ 23:18
A blind man with a stick can see that Europe is a mess. The present global chaos cycle which is reaching its climax in the coming years is bringing everything to the surface that has reached the end of its life cycle. This is an unpalatable fact we all have to learn to live with […]
28 Jan 2015 @ 19:16
AUDJPY = Buy AUDUSD = Buy EURAUD = Sell AUDCAD = Buy AUDCHF = Buy GBPAUD = Sell AUDNZD = Buy 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 […]
28 Jan 2015 @ 06:47
The price movement on Yahoo! is nearly similar to the price movement on Ebay (
NASDAQ:EBAY). The price of the shares was bullish for the most part of the year 2014 and it consolidated around the end of that year. In January 2015, there was a transient plunge in the market, which was ended abruptly as […]