19 Feb 2015 @ 00:28
“But in the market any price is always history. It’s the price of the last transaction, holding no guarantee for even the nearest future.” – Dirk Vandycke What do you do when a good trading system, whose historical results have been satisfactory, gets into a losing streak? Good strategies lose now and then, and then […]
18 Feb 2015 @ 04:03
At the H1 chart, we can see the AUDUSD still bullish above the daily pivot point level of 0.7796. In the upside road, the closest target remains at the resistance level of 0.7849, but we should have in mind that the Aussie could do a retracement below the 200 SMA, probably until the support level […]
16 Feb 2015 @ 04:26
The EURJPY hasn’t found yet a solid support in the near term, but it’s expected to do it at the 200 SMA in H1 chart. That moving average coincides with the support level of 134.99. Now, the EURJPY is trading below the daily pivot point level of 135.50, which could be a strong resistance level. […]
15 Feb 2015 @ 22:55
The EUR/USD has been making commendable effort to go upward in the context of a downward bias. This effort has enabled the price to close above the support line at 1.1350 and a movement above the resistance line at 1.1500 would result in a clean Bullish Confirmation Pattern in the market. The outlook on the […]
15 Feb 2015 @ 07:24
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Although the recent bias on this market is bearish, it should be noted that bulls have been making effort to push price higher. Price consolidated last week and traded upwards a little, closing at 1.1390, on Friday, February 13, 2015 . The outlook for […]
12 Feb 2015 @ 03:17
The NZDUSD is looking to form bearish patterns below the 200 SMA at the H1 chart, in order to strength the main bias, that is very bearish. The daily pivot point is placed at the level of 0.7387 and the Kiwi is trading below that zone. We could expect a fall to the support level […]
11 Feb 2015 @ 22:43
LEARN FROM THE GENERALS OF THE MARKETS – PART 60 “By now, most private investors know that there are some grandmasters in the world of finance. It would be considered poor form not to emulate these… industry superstars.” – Jens Rabe We want to take a closer look at a hedge-fund titan – Barry Rosenstein. […]
10 Feb 2015 @ 04:20
The EURUSD is currently trading in sideways, as we can see it on the H1 chart, above the daily pivot point level of 1.1317. Currently, we would like to see a rebound until the 200 SMA, but remember that a breakout at the support level of 1.1276, could unleash the bearish force to drive this […]
09 Feb 2015 @ 06:09
The EUR/USD is weak and therefore, it is expected that the USD/CHF would be strong. The outlook for the latter is bullish and the outlook for the former is bearish. As said in earlier forecasts, this market would continue its slow and gradual upward movement this week, though this may not be without occasional, but […]
07 Feb 2015 @ 22:29
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish In this market, the bullish effort last week was rendered useless when price headed back towards the support line at 1.1300, which was an important support line last week. This support line may be slashed this week; plus the target for the bears is […]
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