10 Jul 2014 @ 14:36
A STEP BETWEEN PENURY AND SOLVENCY “Once you take the desire to make money out of your trading and put in the desire to do what good traders do, your mindset shifts and allows you to make more good decisions.” – Craig Cobb Alan* has reached the end of his tether. His handiwork is not […]
09 Jul 2014 @ 09:31
Quadrise stock (
LSE:QFI) has started a new northward outlook, as it rises. The northward outlook could last for several months. The recent bias was bearish and the price has been extremely volatile – making wide stops sensible in this market. In the chart, the price broke above the EMA 21, gapped upwards and closed above […]
09 Jul 2014 @ 09:24
Tricor shares (
LSE:TRIC) bring losses to the bulls as they dived for most part of the year 2014. Even the tight range that followed still showcases the supremacy of the bears. Anyone who had gone long, or who goes long in this market, will suffer. The ADX period 14 is above the level 60, showing […]
08 Jul 2014 @ 16:15
The NZDUSD is trying to settle above the daily pivot point level of 0.8749, so the next target is the resistance level of 0.8783. If the pair manages to make a breakout at that level would be expected to rise to the level of 0.8804, which would be a bullish consolidation on the H1 chart, […]
08 Jul 2014 @ 08:54
Instrument: USDJPY Order: Buy Entry date: July 7, 2014 Entry price: 101.880 Stop loss: 100.873 Take profit: 103.873 Instrument: AUDJPY Order: Buy Entry date: July 7, 2014 Entry price: 95.451 Stop loss: 94.428 Take profit: 97.426 Instrument: CADJPY Order: Buy Entry date: July 7, 2014 Entry price: 95.387 Stop loss: 94.368 Take profit: 97.368 Instrument: […]
07 Jul 2014 @ 13:30
The EURJPY is finding support on the 200 SMA and the daily pivot point level of 138.79 on the H1 chart. This pair might find resistance at the pivot point and fall to the support offered by the level of 138.50. If the EURJPY manages to make a breakout at that level, the next target […]
07 Jul 2014 @ 09:10
The Cable is still facing a big challenge around the price territory at 1.7150. However, the market is expected to go further upwards as a result of the strong northward bias on it. EUR/USD: As it was said in the last forecast, this pair has already assumed a new bearish bias, going downwards. Right now, […]
04 Jul 2014 @ 17:13
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The recent bias on this pair was bullish, but everything has now gone bearish. It is no longer sensible to seek long trades on this pair because it has failed to break the resistance line at 1.3700 to the upside. In addition, the price […]
03 Jul 2014 @ 16:44
LEARN FROM THE GENERALS OF THE MARKETS – PART 50 “I think one of the best ways to deal with the emotions of trading is to read books by other successful traders.” – Darrin Donnelly Eddie (Edward) Lampert was born on July 19, 1962, in New York, USA. He got inspiration to trade from his […]
02 Jul 2014 @ 16:00
The EURGBP has been very strong in the bearish bias in the last hours. This pair is consolidating below the daily pivot point level of 0.7984, so the next target is the support level of 0.7961. If the EURGBP manages to make a breakout at that level would be expected to fall to the level […]