16 May 2013 @ 14:58
The EURUSD continues to weaken and it is possible that we may see further downside in this pair, in the coming sessions. Last week, the EURUSD broke with great force the psychological support (now resistance) at 1.30, opening the way to fall to the next support level at 1.2770. This hypothesis had set last week […]
15 May 2013 @ 21:00
The tactics, behaviour and mindset that can be learned from the world’s most successful financial traders I’ve got to stick to your own rules, even if they make me look stupid sometimes. That’s the fact for survival. Irrespective of some negativity that may come my way in a month or, even on a quarterly basis, […]
15 May 2013 @ 20:45
There is a decoy on GCM Resources (
LSE:GCM). In fact, this is an ominous trap for unwary traders who make decisions based on emotions. The dominant bias on the chart is southwards, and there is no end in sight right now. It is presumed that speculators are aware of the fact that a bias alternatively […]
15 May 2013 @ 10:05
The cable has had a very bearish days, and it is quite possible that we may see stronger falls in the medium term for this pair, if the bearish continuation patterns are completed in the technical analysis. The GBPUSD is trying to break the support at the 1.5197level; that level has shown a lot of […]
14 May 2013 @ 15:10
The loonie found strong support near parity, then make a bullish rebound, trying to break a nearby resistance. The USDCAD is approaching the resistance level of 1.0127, after making a bullish rebound on the moving average of 200 and above the parity level at 1.0000. If the USDCAD breaks this resistance, it is very possible […]
14 May 2013 @ 10:05
The EURUSD is approaching a very important support, crucial for the overall development of the weekly trend in this pair. The EURUSD had a week’s start, slightly bearish, trying to break the support at the 1.2943 level. It is very possible that this pair is forming a higher low pattern to be able to break […]
14 May 2013 @ 00:45
Ocado (
LSE:OCDO) shares appeared in Lessons From The Financial Markets For 2013 as an unlikely sounding buy on a break of 90p. It may appear in next year’s edition as an equally surprising sell back towards 90p. The reason is what could be called the Quindell Sell Signal. Last week there was a lot of […]
13 May 2013 @ 09:07
Interesting things are happening in the markets, especially on JPY pairs. The northward outlook on these pairs has held out longer than what most thought. The USDJPY pair has broken the great supply zone of 100.00 to the upside (the last time the price was above that market zone was April 2009). The real surmise […]
12 May 2013 @ 02:00
Can anyone show me 2-year account history, even if it’s a demo, of a Nightingale trading system that has been surviving for the past two years, and on which nothing less than 1000 trades have been placed? Why not open an account with 2 or 3 or more brokers? Why not? if you’re rich enough, […]
10 May 2013 @ 11:18
Yesterday’s session was very bearish for the GBPUSD, approaching significant levels in the development of the general trend of this pair. The GBPUSD is trying to touch the support level at 1.5400, a very important in this pair, considering that in earlier days, the GBPUSD had difficulty to break this level and go higher. If […]
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