30 Mar 2015 @ 03:28
I’m back from Hawaii to the cold city that still loves to trade and I’ve had enough time to catch up with all the moves our currency pairs made during my absence. And guess what? I made some pips while I was away on the EUR/USD pair as it reached our bearish target. You may […]
29 Mar 2015 @ 22:48
The Cable moved only sideways throughout last week, with neither the bull nor the bear gaining an upper hand. As long as the bull and the bear seem to have equal stamina, the sideways movement can continue – until there is a rise in momentum which could cause an imbalance in the market. The imbalance […]
28 Mar 2015 @ 10:33
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish EURUSD, which has been making some bullish attempt since a few weeks ago, is now above the support line at 1.0850. On the downside, there are support lines at 1.0800 and 1.0700. On the upside, there are resistance lines at 1.1000 and 1.2000. It […]
26 Mar 2015 @ 10:24
The EURGBP is now trading in sideways but still is bullish, because is above the 200 SMA and the daily pivot point level of 0.7365. In the upside road, the nearest resistance is located at the 0.7389 level. If the EURGBP does a breakout of that zone, it would be expected to reach the level […]
26 Mar 2015 @ 10:23
INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 1 “Many would-be traders are afraid to take the profession seriously. They dream of making huge riches, but they aren’t willing to put in the time and effort to make their dreams come true.” – Joe Ross Name: Lan Turner Date of birth: February 5, 1964 […]
23 Mar 2015 @ 10:29
The EURJPY is now trading in a short term bullish bias above the 200 SMA at H1 chart and it seems that could reach the resistance zone of 130.84. We could see a good rebound done at the 200 SMA, also the EURJPY is trading above the daily pivot point level of 129.73 and this […]
23 Mar 2015 @ 08:15
Price news The price took a huge hit this week, tumbling from $295 all the way down to $245 within 48 hours. The drop seems to have been caused by news of the dark web illicit goods marketplace “Evolution” closing down along with all users’ funds – estimated at around $12m. Traders are apparently expecting […]
23 Mar 2015 @ 05:57
USDJPY = Buy AUDJPY = Buy CADJPY = Buy CHFJPY = Buy EURJPY = Buy GBPJPY = Buy NZDJPY = Buy NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]
22 Mar 2015 @ 23:01
All eyes are on the EUR/USD, which has proven that the EUR is not ready to reach parity with the USD soon. On Wednesday, March 18, 2015, the market skyrocketed by over 450 pips, before being corrected lower. The perpetual bullish effort has already resulted in a Bullish Confirmation Pattern in the market, and thus, […]
21 Mar 2015 @ 09:33
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish Without events, there cannot be history. The even that happened last week shows that EUR may not reach parity with USD soon. In fact, it is no longer rational to seek short trades on this pair, for the outlook on it has already turned […]
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