Investing Advice

Lonmin shares (LSE:LMI) are supposed to continue going further and further south, given the current price action and the dominant bias in the market. What is happening right now is a good opportunity to go short again. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50, and 200. The color […]

Global Opportunities Fund constituent Google, now called Alphabet (NASDAQ: GOOG, initial buy $219.65) reported a strong set of third quarter numbers that resonated well with investors, sending the (C class) shares surging 7% to over the $700 mark in Friday’s trading. The third quarter marks the last time that the company will report numbers under the […]

The USD/JPY trended upwards nicely last week, thus ending the recent protracted equilibrium phase in the market. Since October 15, 2015, the price has moved upwards by roughly 350 pips, almost reaching the supply level at 121.50. Further northward movement is anticipated this week, which may enable the price to reach the resistance levels at […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair traded in a tight range from Monday to Wednesday and then broke out southwards on Thursday. The southward break was strong enough to cause a new bearish outlook on EURUSD (plus most other EUR pairs), which would continue for the rest of […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 15 “If you like reading biographies on successful people like I do, you’ll notice that they all share one driving force. That force drove each of them forward to overcome the obstacles that threatened to stop them in their tracks.” – Louise Bedford Name: Whitney Tilson […]

The situation surrounding the S&P 500 stock (SP500) is interesting. Some experts believe the price would collapse further, but the current price action shows that the price would continue to rally till, at least, the first quarter of the year 2016. The price performed a major bearish movement in August 2015, and therefore, the market […]

Globo shares (LSE:GBO) are expected to go further south, owing to the current weakness in the market. The price has been going south since June 2015. Towards the end of September, the price made some bullish effort while the outlook remained bearish. At the beginning of this month, the price consolidated and then broke down. […]

The Cable moved upwards last week, testing the distribution territory at 1.5500 a few times. The price was unable to break above the distribution territory – something that needs to be achieved this week so that the uptrend could continue. The uptrend would be rational as long as the accumulation territory at 1.5200 is not […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair initially moved upwards last week, but it could not reach the resistance line at 1.1500 before it got corrected downwards. On Friday, price closed at 1.1348, though the bias is bullish. The bullish bias will remain valid as long as the support […]

We should continue enjoying our Forex trading experiences on trading platforms, with Windows 7 or Windows 8 . Yes, trading remains a fantastic way of life because it is an ultimate ladder to an everlasting financial freedom. There is one female Australian who took a break from full-time farming and began to study the markets […]