Financial Guides

The reversals that started recently have succeeded in establishing themselves as new biases. The new biases are supposed to continue. Here’s the market outlook for this week: EURUSD Dominant bias: Bullish The reversals that started recently have succeeded in establishing themselves as new biases. The new biases are supposed to continue. Since a bullish signal […]

“If you are driven by the stock price you are going to go crazy.” – Michael Bigger There’s no speculator in the world that hasn’t, in one period or other in their career, experienced the emotion of anger. Every trader becomes angry because of some reasons. Even the renowned Dr. Van K. Tharp (a trading […]

After an exponential drop in January 2014, Apple shares (NASDAQ:AAPL) are trying to shrug off further southward pulls, as they trend northward. Is this sustainable? Should the price go determinedly upwards, now would be a good entry point for the bulls. The RSI period 14 is almost crossing the level 50 to the upside, and […]

Barclays stock (LSE:BARC) is not an attractive market right now, but it may go northward this year. 4 EMAs – 10, 20 50 and 200 are used in the chart. The color that stands for each EMA is shown at the top left part of the chart. The bullish effort that happened in January 2014 […]

Instrument: USDJPY Order: Buy Entry date: February 10, 2014 Entry price: 102.208 Stop loss: 101.206 Take profit: 104.206 Instrument: AUDJPY Order: Buy Entry date: February 10, 2014 Entry price: 91.473 Stop loss: 90.462 Take profit: 93.463 Instrument: CADJPY Order: Buy Entry date: February 10, 2014 Entry price: 92.481 Stop loss: 91.465 Take profit: 94.463 Instrument: […]

There are new strong biases in the markets which are supposed to continue this week. EUR/USD: The new lease of energy in the EUR has become strong enough to cause the pair to form a Bullish Confirmation Pattern in the chart. The target for this week is at the resistance line at 1.3700, and the […]

There have been significant reversals that threaten the major biases in the markets. However, for the reversals to be confirmed as established biases, they would need to hold out for a few more days; otherwise they would be termed as transitory breakouts. EURUSD Dominant bias: Bearish Following the latest bullish breakout in this market, the […]

LEARN FROM THE GENERALS OF THE MARKETS – PART 45 “Always remember this: There are traders that have ruined entire accounts but still did not give up and were ultimately successful.” – Marko Graenitz Toni Turner, a happy American trader, is a trading educator and a successful author of many trading and investment books. Some […]

Twitter shares (NYSE:TWTR) bare bound to rise higher this year. There have been consolidating phases in the market, following by upward breakouts. The ADX period 14 is currently below the level 30, showing a lack of momentum in the market. Plus the DM+ is above the DM-, meaning that the bulls still have some determination […]

FTSE 250 (FTSE:MCX) is currently gloomy for the bulls, but a boon to the bears. The price has been trending southward and it could go further as such. This stock formed a top in January 2014 as further northward effort was rejected. Since then, it has crossed the EMA period 21 to the downside, while […]