14 Nov 2014 @ 10:17
LEARN FROM THE GENERALS OF THE MARKETS – PART 55 “When you are trading, trade the truth. Truth is the only safe ground to stand on.” – Old Trader Israel Englander (sometimes called Izzy) was born in 1948, in New York City, USA. He’s a Hedge Fund guru. He was raised in a Jewish family […]
12 Nov 2014 @ 10:00
Gulfsands Petroleum shares (
LSE:GPX) have been falling and it would be logical to keep on selling them. As the shares fall further, buyers are being hit repeatedly because they refuse to honor the power of the bear at the moment. The viper does not tolerate insults. In the chart, the ADX period 14 is around […]
12 Nov 2014 @ 09:50
The spike on Central Rand Gold stock (
LSE:CRND) could mean a false breakout if the price is not able to keep on going north. There has been a strong sideways movement for several months, resulting in a strong base. During that period, the market was trying to consolidating to the downside: prior to the current […]
11 Nov 2014 @ 08:22
To be completely honest, I had never heard of GoPro (
NASDAQ:GPRO) before today. That’s probably because very few of us who were around when the Beatles took America by storm know anything about GoPro. For SEO purposes, I need to say something about the GoPro share price early in this post. There. I did it. […]
11 Nov 2014 @ 08:14
EURUSD = Buy EURCAD = Buy EURAUD = Buy EURNZD = Buy EURJPY = Buy EURCHF = Buy EURGBP = 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 […]
10 Nov 2014 @ 23:45
AUDCHF = Sell USDCHF = Sell EURCHF = Sell CADCHF = Sell CHFJPY = Buy GBPCHF = Sell NZDCHF = Sell 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 […]
10 Nov 2014 @ 10:02
The USD/JPY tested the supply level at 115.50 several times, but it was unable to break it to the upside. There is an existing bearish pullback in the market, which could be challenged at the demand level of 113.50. Any movement below that demand level may put the bullish outlook in a precarious situation. EUR/USD: […]
08 Nov 2014 @ 20:05
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The outlook on the EURUSD remains bearish as the market dropped below the support line at 1.2400. Since then, the market has bounced upwards a little, closing almost above 1.2450. While the price could hit the support line at 1.2400 again, it is now […]
07 Nov 2014 @ 07:19
Tesla’s results came in yesterday (05 November) for the third quarter of 2014, and they were electric (excuse the pun). Tesla (
NASDAQ:TSLA) shares closed at 230.97, but surged to 246.68 just after 10:00 a.m. this morning EST. The share price has tapered a bit since then. It is currently in a holding pattern around the […]
06 Nov 2014 @ 19:36
“After placing the orders, we leave the rest to the market forces.” – Sam Evans Good traders make a new trade regardless of the outcome of the last trade. However, rookies often allow irrational emotions to guide their actions when they are making trading decisions. Why are some traders always frustrated while others play the […]