Financial Guides

From the accumulation territory at 1.6750, the Cable has bounced upwards. The upward bounce should pause at the distribution territory of 1.6850, so that the present bearish outlook may continue to be valid. EUR/USD: The EURUSD trended gracefully to the downside last week. However, the graceful downward movement has been challenged at the support line […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This currency trading instrument has been bearish since last week. From a high of 1.3993, the price dropped by over 340 pips, reaching the support line at 1.3650. The support line has brought about a temporary halt in the bearish journey. This halt resulted […]

“I’m a breakout trader, and I’ll tell you, over time I have had to learn over and over again to resist the temptation: “This thing is going to go up, I need to get in before it breaks out of this pattern.” – Peter Brandt Facing the realities of the markets successfully is a must […]

“If I tell you how I would manage that [$100,000,000] now, I would no longer have a competitive edge.” – Perry Kaufman No matter what your trading results have been in the past, trading remains one of the best ways to the ultimate attainment of financial freedom. During the recent global credit crunch, many people […]

Motive Television stock (LSE:MTV) is in a vivid equilibrium phase, but a significant breakout is expected very soon. Equilibrium markets do not last forever and as such, the price would eventually break out and go in a direction determinedly. The equilibrium phase is brought about as a result of less and less trading activity. This […]

Instrument: USDJPY Order: Sell Entry date: May 12, 2014 Entry price: 102.172 Stop loss: 101.179 Take profit: 100.178 Instrument: AUDJPY Order: Sell Entry date: May 12, 2014 Entry price: 95.640 Stop loss: 96.652 Take profit: 93.652 Instrument: CADJPY Order: Sell Entry date: May 12, 2014 Entry price: 93.765 Stop loss: 94.779 Take profit: 91.779 Instrument: […]

From a low of 0.8702, the USD/CHF shot upwards significantly. The pair trended upwards by over 160 pips within 2 days. This is the strongest upward move since early April 2014. EUR/USD: As a result of exponential weakness in the Euro, this currency trading instrument has formed a Bearish Confirmation Pattern and the price is […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish The dominant bullish bias still exists in this market, but it is seriously under threat. The price attempt to reach the resistance line at 1.4000 failed, and the price got corrected significantly. Should price test the support line at 1.3800 or cross it to […]

LEARN FROM THE GENERALS OF THE MARKETS – PART 48 “I’d never work for anyone else again. Plus, I love what I do.” – Dr. Van. K. Tharp (Trading specialist) Leda Braga, a female trader, is one of the highest paid funds mangers in the world. Holding a PhD in engineering, she’s the president of […]

Blinkx stock (LSE:BLNX) is a bear market and the bears are happy as they follow the downward trend. The price has been falling since the beginning of the year 2014. In recent times, the price has been consolidating, while it is clear that further upward push is being rejected. The price could continue trending further […]