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Daily analysis of major pairs for November 23, 2015

23 Nov 2015 @ 09:09
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 […]
 

EURJPY current short-term bearish view

23 Nov 2015 @ 07:37
It seems the pair is still very bearish below the 200 SMA, as we can note on the H1 chart. Also, EURJPY is forming a lower low pattern. Current structure is calling for further downside moves, as this pair continues to trade in favor of the 200 SMA slope direction by the way. The nearest […]
 

Weekly Trading Forecasts on Major Pairs (November 23 - 27, 2015)

22 Nov 2015 @ 17:14
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 […]
 

Sir John Templeton: The Greatest Global Stock Picker of 20th Century

19 Nov 2015 @ 21:33
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 & Logistics Makes Bullish Attempts

19 Nov 2015 @ 08:47
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 to Continue Its Weakness

19 Nov 2015 @ 08:41
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 […]
 

Daily analysis of major pairs for November 16, 2015

16 Nov 2015 @ 09:27
Last week, the EUR/JPY cross merely moved in a choppy, sideways manner. The price zigzagged between the demand zone at 131.50 and the supply zone at 133.00. This week, the EUR/JPY might find it difficult to rally significantly, especially as long as the EUR is weak. EUR/USD: There was no serious upwards or downwards movements […]
 

Weekly Trading Forecasts on Major Pairs (November 16 - 20, 2015)

14 Nov 2015 @ 19:34
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD did not move upwards or downwards significantly last week, though the outlook remains bearish. Last week was the week in which the FX markets consolidated the most this year, with certain pairs and crosses not going up or down by 50 pips throughout […]
 

The Beauty of Trading

13 Nov 2015 @ 09:37
“You do not need a PhD in math or physics to be successful in the stock market, just the right knowledge, a good work ethic, and discipline.” – Mark Minervini Imagine. There’s someone who borrowed a total of $13 million to make a movie. She’s a credit officer at a big financial institution who’s helped […]
 

Pantheon Resources: Buyers Are Extremely Glad

12 Nov 2015 @ 08:35
Pantheon Resources stock (LSE:PANR) has skyrocketed seriously, making substantial gains. The bullish race started gradually in September, becoming more and more serious in October. But this month, the bullish race was so momentous that the price almost went up in a straight line. Would this bullish race be sustained? 4 EMAs are used for this […]
 
 
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