Banks

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair dropped 300 pips last week, testing the support line at 1.0700. The largest southwards movement last week occurred on Friday – a result of positive fundamental figures coming out of the US. The outlook on the pair remains bearish, which would be […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 16 “…Remember to view setbacks, losses and failures as learning opportunities. All great achievers have made innumerable mistakes and have failed, that is what provided the “experience” and the “education.” – Dr. Woody Johnson Name: Louis Bacon Date of birth: July 25, 1953 Nationality: American Occupation: […]

It is interesting to see that Bitcoin is strengthening seriously against USD (BTCUSD). Now that certain pairs and crosses are choppy, consolidating, and reversing, it is a surprise that Bitcoin is rallying significantly against USD. The cryptocurrency formed a solid base in the month of September. From that base a strong rally has started, which […]

What are the details? Independent Bank Group, Inc. (Nasdaq:IBTX), the holding company for Independent Bank, today announced the completion of the acquisition of Grand Bank, Dallas, Texas. As of June 30, 2015, Grand Bank reported total assets of $608.6 million, total deposits of $507.1 million, and total equity capital of $41.6 million. Grand Bank is […]

After testing the accumulation territory at 1.5250, the Cable spiked upwards last week. However, the overall bias remains bearish and it cannot be rendered invalid unless the distribution territory at 1.5500 is overcome. Until that happens, any rallies could be taken as mere long squeezes (transitory rallies). EUR/USD: This pair tested the support line at […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair first moved sideways in the first few days of last week, and then price broke down again on October 28, reaching the support line at 1.0900. From that support line, price has bounced upwards a bit, testing the resistance line at 1.1050. […]

Carolina Bank Holdings, Inc. (NASDAQ:CLBH) today reported third quarter 2015 results with highlights. Third Quarter 2015 Financial Highlights – Net income of $1,436,000 in the third quarter of 2015 increased 41.9% from $1,012,000 in the third quarter of 2014. Net income for the nine months ended September 30, 2015 and September 30, 2014 was $4,731,000 […]

BINARY OPTIONS MYTHS VERSUS REALITIES “To be successful, you must keep in mind that the only way you can continue to operate is to protect your account from a major setback or, worse, devastation. Avoiding large losses is the single most important factor for winning big as a speculator. You cannot control how much a […]

The USD/JPY trended upwards nicely last week, thus ending the recent protracted equilibrium phase in the market. Since October 15, 2015, the price has moved upwards by roughly 350 pips, almost reaching the supply level at 121.50. Further northward movement is anticipated this week, which may enable the price to reach the resistance levels at […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair traded in a tight range from Monday to Wednesday and then broke out southwards on Thursday. The southward break was strong enough to cause a new bearish outlook on EURUSD (plus most other EUR pairs), which would continue for the rest of […]