Investing Advice

Roxi Petroleum shares (LSE:RXP) are very strong right now, having broken upwards and having resumed a bullish journey since last month. This bullish bias has also continued this month… and this is just the beginning. In the chart, the ADX period 14 is above the level 50, going towards the level 60. This signifies a […]

Afren stock (LSE:AFR) has now become hopeless against the bears. The price gapped down massively recently, rendering any bullish hope and outlook useless. The market was in a tight consolidation – a cutthroat struggle between the bulls and the bears – for a few months. But at the end of July/beginning of August, 2014, the […]

A NON-DIRECTIONAL TRADING APPROACH “For traders and investors, finding low risk ideas is one of the most important tasks no matter what asset class you trade.” – Gabriel Grammatidis The world of speculation is replete with strategies that are aimed at making profits. The strategies can be ones that follow the lines of the least […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair has been able to continue its southward journey. The price is now going below the resistance line at 1.3400. The resistance line is a war zone between the bulls and the bears, for the price would be making some attempts to breach […]

“Isn’t the promised reward of greater independence, financial freedom, and life choices worth the risk?” – Louise Bedford Anyone who says trading is easy is telling a lie. Anyone who says success in trading isn’t possible is also telling a lie. Trading is challenging as well as it’s rewarding. The challenges are the blessings that […]

Tangiers Petroleum stock (LSE:TPET) has dropped like a stone as a result of a sudden weakness in the market. The downward break happened with a huge gap that violated recalcitrant demand zones that would normally be extremely difficult to violate with normal price actions. In the chart, the 4 EMAs that are used have periods […]

Gulf Keystone shares (LSE:GKP) are very weak right now. For several months, the price has been unable to go determinedly upwards in spite of desperate efforts by the bulls. Again, the price has broken out below the lower Trendline, while the RSI period 14 has gone below the level 50. While this signifies a ‘sell’ […]

“The vast majority of “rich” people I’ve known have accumulated wealth as a result of taking risks, working very hard, and spending and investing their money wisely over time.” – Joe Ross Snake-oil vendors promise you that your account would double every month and you can often win 55 trades successively. You’re blown off. After […]

Petropavlovsk shares (LSE:POG) are a very weak market and it is expected to continue crashing to the floor. The next targets for the bears are located at the support levels of 32.00, 31.00 and 30.00. In the chart, the price is trying to effect a weak rally, which is a normal thing in a strongly […]

Angle stock (LSE:AGL) is a bear market, having been caught in a long-term bearish outlook. Granted, there would be occasional short-term rallies, which would be followed by the continuation of the bear market. The ADX period 14 is around the level 20, showing that the market is currently without momentum. But momentum would soon return […]