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Technical Analysis

Daily analysis of major pairs for May 16, 2016

15 May 2016 @ 21:28
The EURUSD went downwards last week – a movement that has generated a bearish signal in the 4-hour chart. As it was mentioned last week, the outlook on this pair is bearish and further southward movement is expected this week, which could make the price go towards the support lines at 1.1250 and 1.1200. EUR/USD: […]
 

Weekly Trading Forecasts on Major Pairs (May 16 - 20, 2016)

15 May 2016 @ 02:20
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair simply moved sideways in the first few days of last week – a result of deadlock between bulls and the bears. On May 12, 2016, the bears were pummeled and forced to give way, as price moved south vividly, just as it […]
 

Alan Howard: A Self-made Billionaire Trader

12 May 2016 @ 16:34
WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 8 “Try not to do something just because everyone else is doing it. Successful traders are rare. If the crowd is doing it, watch out!” – Andy Jordan Name: Alan Howard Date of birth: September 11, 1963 Nationality: British Occupation: Hedge fund manager and philanthropist […]
 

Highland Natural Resources Shoots Up, to Gain 500% More

11 May 2016 @ 11:34
Highlands Natural Resources shares (LSE:HNR) have shot upwards in a significant mode, and they would go further and further upwards, gaining at least 500% more before the end of this year. There would be temporary dips and pauses along the way, but the overall movement would be in favor of buyers. This market was completely […]
 

TERN Remains a Frustrating Market

11 May 2016 @ 11:28
Tern stock (LSE:TERN) is not an attractive market at all. In fact, it is a frustrating market as the recent price action shows. Apart from the bearish movement that happened in January 2016, the price has remained trendless, directionless, choppy and irrational since then. The market simply revolves around the EMA 21. The Williams’ % […]
 

EURUSD inside a key zone for possible acceleration

11 May 2016 @ 00:04
EURUSD has been trading into a sideways structure since the May 5th session, below the 200 SMA at H1 chart, which also adds some pressure to the downside. However, pair is moving into a key range, because it could start to perform bigger rebounds to reach new highs. In a first degree, if that scenario […]
 

Daily analysis of major pairs for May 9, 2016

08 May 2016 @ 23:34
The USD/CHF went down on Monday and Tuesday, dipping into the support level at 0.9450. From that support level, further downward movement was rejected as the price started a smooth rally, which took it above the support level at 0.9700. This has resulted in a bullish signal: the price is expected to rally further this […]
 

Weekly Trading Forecasts on Major Pairs (May 9 - 13, 2016)

07 May 2016 @ 11:25
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral EURUSD went upwards on Monday and Tuesday, topping at 1.1615. Since then, price has come down by over 200 pips, closing at 1.1403 on Friday. It is clear that the gains made by bulls have been erased by bears, but the bias on the […]
 

Should I Ditch My Trading Method? – Part 1

06 May 2016 @ 03:45
A Crucial Question from All Traders A positive expectancy method makes you risk less than you plan to win; reverse the logic for a negative expectancy method. Therefore, a negative expectancy trading method is what you must abandon, for there is no reason for you to abandon a positive expectancy method. There is no trading […]
 

Monthly Forecast on Gulf Keystone (May 2016)

03 May 2016 @ 09:40
Gulf Keystone shares (LSE:GKP) were under selling pressure for most of the year 2015. The price has also been bearish so far this year and this is a trend that is expected to continue. In the daily chart, 4 EMAs are used, and they are EMAs 10, 20, 50 and 200. The color that stands […]
 
 
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