Banks

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 11 “The biggest risk in trading is hubris… This is because being wrong is actually an integral part of success. A successful futures trader makes many more losing trades than winning ones. The key is to recognize and concede the mistakes and cut losses. And ride […]

The GBP/USD went bearish last week, breaking southward out of the recent equilibrium phase. The price tested the accumulation territory at 1.5450 and later bounced upward from there. The bias on the market is bearish and it is possible that the accumulation territory would be tested again; it may even be breached to the downside. […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD is now a volatile pair, characterized by serious struggles between bear and bull in the context of a downtrend. The support line at 1.0850 was tested last week, but price could not break it to the downside. For the downtrend trend to continue […]

“The point [is] that a trader has to master their psychology to allow him or her to take many small losses, trade through drawdowns, and let winners run beyond expectations.” – Markham Gross Some people preach against leverage because of their own faults. They use trading methodologies that ultimately make average losses that are bigger […]

The EUR/JPY was characterized by high volatility last week, swinging higher and lower in the context of an uptrend. The supply zones at 137.50 and 138.00 could be tested this week, though there are also demand zones at 135.50 and 135.00. A movement below the demand zones could result in a bearish bias. EUR/USD: There […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 10 “Negativity is real, but consistent loss is optional.” – A.M. Name: John Arnold Year of birth: 1974 Nationality: American Profession: Retired funds manager, investor and currently a philanthropist Career Raised in an upper-class home, in Texas, USA, John’s dad was an attorney and his mom […]

Barclays (LSE:BARC) shares are trading at 285.30, up slightly more than 2% from yesterday’s closing price of 279.60, after opening at 285.40 and having climbed as high as 288.70, the bank’s new 52-week high, in morning trading. The boost followed publication of Barclays H1 report for the period ending 30 June 2015. The giddiness in […]

What is happening on the USD/JPY signifies a serious battle between bulls and bears. Although the recent bullish bias in the market remains intact, it is wise to stay away from this pair until there is a clean directional bias in the market. This clean directional bias should be seen this week. EUR/USD: EUR/USD rose […]

$772,000 net income, or $0.13 per Share, in 2Q15 From 1Q15 State Bank Corp. (OTCQB:SBAZ), the holding company for Mohave State Bank, today announced net income increased 13.4% to $772,000, or $0.13 per diluted share, for the second quarter ended June 30, 2015, compared to $681,000, or $0.12 per diluted share, in the first quarter […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Although the dominant bias is bearish, this pair made some commendable bullish attempts last week. Price moved upwards by almost 200 pips, testing the resistance line at 1.1000. That resistance line is an important price area, since it must be broken to the upside […]