Bubbles

The USD/CHF plunged into the support level at 0.9550 last week, closing above the support level. There is a Bearish Confirmation Pattern in the chart, and further downwards plunge could happen this week. However, a possible weakness in CHF, coupled with a possible weakness in the EUR/USD, might aid a significant rally in USD/CHF. EUR/USD: […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish EURUSD went upwards 200 pips last week, testing the resistance line at 1.1350 before the current shallow retracement. Price may be able to target the resistance lines at 1.1400 and 1.1450 this week, but bulls might encounter some challenges doing this. There is a […]

WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 15 “It seems that these days few traders are interested in trading long-term. The monthly and weekly charts remain relatively unnoticed. Traders are so busy looking at anything and everything from 60 minutes down to 1 minute, that they let beautiful trades slip right by […]

Hochschild shares (LSE:HOC) have been performing wonderfully since March, 2016. This means that the market is another wonderful opportunity for investors. Whenever there is a pause, a pullback or consolidation in the market, it would mean a good entry point for those who are destined to make money. Price has gone above the upper Trendline […]

Mayair Group stock (LSE:MAYA) is a bear market, which has been running for the past several months. But the current rally seems to be a turning point in the market? Is this sustainable? 4 EMAs are used for the strategy. They are EMAs 10, 20, 50 and 200. The color that stands for each EMA […]

As it was forecasted last week, the GBP/USD went south by 170 pips, to close below the distribution territory at 1.2950. The outlook on the market, as well as other GBP pairs, is bearish this week, and price could test the accumulation territories at 1.2900, 1.2850 and 1.2800. EUR/USD: This pair went upwards 130 pips […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair consolidated on Monday and went further upwards on Tuesday. Price moved upwards 130 pips, testing the resistance line at 1.1200, to close above the support line at 1.1150. Bulls might push price further upwards this week; however, there is a possibility of […]

“In my experience trading takes a very important and somewhat rare personality trait which is: the ability to see the next logical step and to then get it done. If this ability is lacking you will always be behind.” – Garachen (Source: Elitetrader) Why Is Trading a Good Money-making Vehicle? It’s a level playing field. […]

Sirius minerals stock (LSE:SXX) has been going stronger and stronger recently. Investors also should gain more profits as they enter the market on pullbacks. The market moved upwards a bit in March and April 2016, and then consolidated from May till the end of June. From July, price broke upwards, and it has trended up […]

Sound Energy shares (LSE:SOU) have made massive gains, and more of them are yet to come. This is a kind of market in which investors make lots of money. The chart shows that the market was in a tight equilibrium phase from February to the end of June 2016. As from the beginning of July, […]