31 May 2019 @ 19:13
The short-term outlook is in a bearish trend while the medium-term outlook is in a range-bound market. A breakout or a breakdown may occur, hence patience must be exercised trading the consolidation. XLM/USD Medium-term Trend: Ranging Supply zone: $0.2000, $0.2500, $0.3000 Demand zone: $0.0800, $0.0600, $0.0400 XLM remains in a range-bound market in its medium-term […]
20 Apr 2019 @ 14:40
HSBC Holdings stock (
LSE:HSBA) has generated a clean, low-risk buy signal, following the recent discouraging conditions in the market. From November 2018 to February 2019, price consolidated seriously, and then fell lower in the following few months. Starting from the latter end of March 2019, a nice bullish trend has started. 4 EMAs are used […]
04 Feb 2019 @ 16:13
Since 2014, the retail banking sector has undergone significant changes across multiple business verticals, in a bid to keep up with the rapidly shifting technological landscape. Access to digital and mobile banking, new offerings and strong customer focus have been adopted unanimously within the sector. But there’s one major weapon in retail banking’s arsenal which […]
21 Jan 2019 @ 12:50
Google (Alphabet Inc.) shares are a rough market. There is nothing attractive about this market at the present, and the situation may remain the same until demand and supply really go out of balance. (
NASDAQ:GOOG) has 4 EMAs placed on its chart, and they are EMAs 10, 20, 50 and 200. The color that stands […]
26 Oct 2018 @ 16:59
THESE 4 TRAITS WILL MAKE TRADERS SUCCESSFUL If you have a passion for trading, Dr. Brett Steenbarger has some choice words for you: you’re not going to make it. Instead, traders need to be passionate about markets. It may sound like a minor distinction, but it’s not. In decades of working with billionaire hedge fund […]
13 Sep 2018 @ 14:32
TIMELY EXIT “Successful Trading Is Not About Being Right.” – VTI What is your tolerance for pain? Consider the following scenario. You have 10% of your account balance on the line. For the past two days, prices have been going in the direction you had anticipated, but today, an announcement was made that caused a […]
01 Sep 2018 @ 13:37
Do you want to be a successful trader? Then you need to unlock your potential and develop the right habits and routines. Experience shows that people want to keep doing what they are doing, while expecting different results. In trading, that means they carry on trading in a certain way even when it brings poor […]
20 Aug 2018 @ 00:02
The following signals have triggered: BUY AUDCHF Entry price: 0.7242 Stop loss: 0.7041 Take profit: None Exit date: September 19, 2018 Additional signals will be announced as they are identified. If you wish to follow these signals then remember: 1. These are long-term signals 2. Entry levels are approximate, but do not “chase the market” […]
15 Jul 2018 @ 09:08
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish In the long-term, the pair is bearish, and last week was bearish too. Price dropped by 140 pips, moved briefly below the support line at 1.1650, and then closed above it. This week, there could be a test of the support lines at 1.1650 […]
15 Jul 2018 @ 05:32
USDCHF generally ranged from May 2018 until last week, and owing to a sudden surge of stamina in USD, price skyrocketed, reaching the high of 1.0066. The test of that high is significant because the last time price reached that level was May 2017. What happen in May was followed by a protracted bearish movement. […]