30 Jan 2016 @ 09:26
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral This pair went up from the support line at 1.0800, reaching the resistance line at 1.0950. From that resistance line, price went down 120 pips. There is a neutral bias on this pair, which would remain in force until price goes below the support […]
27 Jan 2016 @ 09:47
“One of the keys to a trader’s success was not the results of a trade but rather how a trader reacted to the results of a trade.” – Dan Gamza Why me? Why did this happen to me? Those are some of the questions that disturb losing traders. After a series of losses, some of […]
26 Jan 2016 @ 10:30
Yahoo! shares (
NASDAQ:YHOO) are under selling pressure. There is a “sell” signal in the market and it would be senseless to go long right now, unless otherwise proven by the price action. The ADX period 14 is at the level 30, showing the presence of momentum, while the DM- is above the DM+, meaning that […]
26 Jan 2016 @ 10:17
Ebay stock (
NASDAQ:EBAY) is currently consolidating seriously. The consolidation has been ongoing for several months, forming a strong base, which is an interesting thing for professional speculators. The long-term base means a breakout is imminent, which would most probably favor the bulls. The Williams’ % Range period 20 is a kind of heading upwards while […]
25 Jan 2016 @ 09:42
The USD/JPY tested the demand level at 116.00, and then bounced upwards by 280 pips. This is a threat to the extant bearish outlook on the market, which would eventually be rendered invalid in case the price continues going further upwards this week. The outlook on USD is bright and therefore, the USD/JPY might continue […]
23 Jan 2016 @ 09:01
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish As it was prognosticated, EURUSD did not experience a significant movement last week, though price moved lower. The lower movement has resulted in a bearish signal, since there is now a Bearish Confirmation Pattern in the market. There are bearish targets at the support […]
22 Jan 2016 @ 10:25
WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 1 “One of the secrets few know and fewer implement when it comes to trading success is that you have to really care about doing well. These days, I see a lot of traders not caring enough, not prioritizing learning about trading, and making pathetic […]
19 Jan 2016 @ 23:24
IBM shares (
NYSE:IBM) are very weak. The weakness has been going on for several months, and it would continue until there is a bullish movement which lasts for at least, a few months. The price is currently below the EMA 21 and the Williams’ % Range period 20 is around the oversold region. This is […]
19 Jan 2016 @ 23:12
FTSE 100 stock (
FTSE:UKX) is in a strong downtrend and the propensity might continue. Based on the recent price action, upswings in the market are followed by stronger downswings, meaning that the upswings might be used as opportunities to sell short. There are times in which the market moves in ranges when trading activity is […]
17 Jan 2016 @ 23:18
The GBP/USD is one of the strongest trending currency trading instruments among the majors. The bias on the instrument is bearish and it is possible that the price would continue going downwards, reaching the accumulation territories at 1.4200 and 1.4150 this week. This bias would be valid until there is a bullish reversal of at […]