09 Jan 2014 @ 11:21
LEARN FROM GENERALS OF THE MARKETS – PART 44 “Most people don’t understand that they need a trading system if they are to make money in the markets. Most importantly, that system must fit you, your objectives, your psychology, and your beliefs, for you to be able to trade it effectively.” – Dr. Van K. […]
07 Jan 2014 @ 20:30
Google stock (
NASDAQ:GOOG) has been bullish for a few months. It is common for the price to enter a consolidation territory, remain there a little, and later break out higher in favor of buyers. This is what is happening right at the present. The price, which broke out above the upper Trendline, has entered another […]
07 Jan 2014 @ 20:18
Royal Bank of Scotland shares (
LSE:RBS) has assumed a new lease of an uptrend, which would enable bulls to collect many socks along the way up, while bears lose their socks. The market was recently in a downtrend, but further downward movement was rejected in the month of December 2013, as the price broke upwards. […]
07 Jan 2014 @ 06:00
The USD/CHF remains bullish. The bearish correction it experienced yesterday simply gave an opportunity to go long when the price pulled back in the context of an uptrend. EUR/USD: The EUR/USD remains bearish. The bullish correction it experienced yesterday simply gave an opportunity to go short when the price went up in the context of […]
06 Jan 2014 @ 06:39
The EUR/USD was able to reach the forecasted target at 1.3600 on Friday. The outlook for this week is bearish. The price is now trading below the resistance line at 1.3600, going towards the support line at 1.3550. EUR/USD: The EUR/USD was able to reach the forecasted target at 1.3600 on Friday. The outlook for […]
03 Jan 2014 @ 22:02
“Everyone wants results without the struggle. We want success faster, more easily, and without the risk of failure. As a trader though, we know that we have to accept that this is an immature way of living.” – Louise Bedford There have been reactions from readers of my past articles – whether here or somewhere […]
02 Jan 2014 @ 06:30
Facebook stock (
NASDAQ:FB) is already a bull market in spite of occasional pullbacks that are experienced on it. These pullbacks give astute traders and investors good opportunities to go long at better prices. On the chart, the price is trading above the EMA 21 (which is acting as a support to the price). The Williams’ […]
02 Jan 2014 @ 06:18
Gulf Keystone shares (
LSE:GKP), which have long been in some areas of stabilization, are expected to go seriously upwards this year, at least testing the distribution territory of 240.00 again, and possibly going far above it. The condition in the market shows that the price momentum is low. However, there would soon be a breakout […]
31 Dec 2013 @ 10:21
The GBP/USD is making an attempt to test the distribution territory at 1.6550 once again (it tested it last week). The pair would eventually succeed in testing that distribution territory, even breaking it to the upside, while going towards another distribution territory at 1.7000. EUR/USD: On this pair, there is currently a pullback in an […]
29 Dec 2013 @ 22:56
At last, the USD/JPY succeeded in trading above the market level at 105.00. The bias is bullish and the price is expected to trade further upwards this week. EUR/USD: Last week, this pair shot upwards significantly and then pulled back. This pullback is supposed to be short-term; not going below the support line at 1.3700, […]