28 Aug 2017 @ 04:50
This USD/CHF pair is bearish in the long-term, butt neutral in the short-term. The bearish breakout that was seen on August 25 was not significant enough to override the short-term neutrality in the market, unless price breaks the support level at 0.9550 and 0.9500 to the downside, which would happens as the EUR/USD journeys upwards. […]
26 Aug 2017 @ 21:57
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair is neutral in the short-term, but bullish in the long-term. Price moved sideways from Monday to Thursday, and then broke upwards on Friday. Price gained roughly 150 pips that day, closing above the support line at 1.1900. The bullish movement could take […]
25 Aug 2017 @ 16:01
“One thing very good traders have is insight into themselves.” – Chris Tate FUN AND GAMES Recently Louise Bedford and I have been doing the Short Term Trading Magic seminars in a few places and it has been sometime since I did any form of presentation on a semi regular basis. As such it has […]
24 Aug 2017 @ 03:56
Pigs have been slaughtered in Provident Financial Group market (
LSE:PFG). Who are the pigs? They are buyers who continue to hold onto their losing positions in spite of a clear indication that the trend is no longer in their favor. The stock gapped downward in June 2107, ending the pervious protracted equilibrium phase in it; […]
24 Aug 2017 @ 03:32
Breaking news! A Golden Cross has just occurred on Scancell Holdings shares (
LSE:SCLP). It happened forcefully this week, and that has heralded the end of the recent bearishness in the market, as bullishness has occurred. 4 EMAs are used for the analysis and they are EMAs 10, 20, 50 and 200. The color that […]
20 Aug 2017 @ 02:48
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair is bullish in the long-term, but neutral in the short-term (for price has been going sideways for about two weeks). Price has been moving to and fro, within the resistance line at 1.1850 and the support line at 1.1650. As long as […]
15 Aug 2017 @ 07:46
CSF Group shares (
LSE:CSFG) were not attractive at all, until recently. There was a strange, tight, protracted base until August 2017. The current bullish breakout has brought about hope for bulls. The ADX period 14 is around the level 40, signifying a strong momentum in the market. The DM+ is above the DM-, showing bulls […]
15 Aug 2017 @ 07:28
It’s now the time to open long positions on Challenger Acquisitions stock (
LSE:CHAL). The indicators on the daily chart point to a bullish signal. In the last several months, the market was trending downwards (until recently). Right now, price has crossed the EMA 21 to the upside, as the Williams’ % Range period 20 goes […]
14 Aug 2017 @ 10:44
The EUR/JPY dropped 250 pips last week, almost reaching the demand zone at 128.00. The upwards bounce that happened at the end of the week has given another wonderful opportunity to sell short at better prices in the context of a downtrend. The next targets for bears are the demand zones at 128.50, 128.00 and […]
13 Aug 2017 @ 08:33
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair is bullish, though it only consolidated last week, moving between the support line at 1.1700 and the resistance line at 1.1850. A movement above the aforementioned resistance line would put more emphasis on the bullish bias, while a movement below the support […]