Funds

Berkeley Group Holdings shares (LSE:BKG) are set to record further losses this year. Price was very volatile in the months of March to May 2016, and then dropped sharply in June. After that, price consolidated in the context of a downtrend. 4 EMAs are used for this strategy and they are EMAs 10, 20, 50 […]

The USD/JPY consolidated from Monday to Friday, and then broke upwards on Friday. Since price has been consolidating for about two weeks, the breakout on Friday is yet to bring about any dominant bias in the short-term. The bias would turn bullish only after price goes above the supply levels at 103.00 and 103.50. EUR/USD: […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish The bias on this pair is precariously bullish. Price came down 120 pips on Friday, in the context of a weak uptrend. A movement below the support line at 1.1100 would result in a clean Bearish Confirmation Pattern in the market, while a movement […]

TAPPING PROFITS WITH AN INTRADAY STRATEGY “As traders, we should never stop learning, because the markets are never going to stop teaching. Continuing to learn is a vital part of becoming a better trader.” – Track ‘n Trade You may have heard that FX trading is all about combining strong currencies with weak currencies. Well, […]

Koovs shares (LSE:KOOV) were bullish from March till the end of July 2016, allowing a clean Bullish Confirmation Pattern to be formed in the chart as depicted by the indicators mentioned below. However, something is currently happening… The ADX period 14 is below the level 20, while the DM+ remains above the DM-. This means […]

Global Energy Development stock (LSE:GED) has started going upwards, and this has led to a bullish signal in the chart, which would hold out for the next several months. From March till the end of July 2016, price was coming down, but things have changed right now. Price is above the EMA 21 and the […]

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 […]