06 Aug 2017 @ 17:02
“One of the things that amazes me most about trading is that the longer I do it the more I admit that I don’t know. For a very long time I have been convinced that I have no idea where the price of instrument is going. I certainly know a lot about market dynamics, the […]
21 Jul 2017 @ 13:57
INTRODUCTION: Hello Traders. The article below is useful for all areas of human endeavors (including trading). Please read it to discover a great secret today. Read between the lines and see how the facts revealed here aptly apply to trading. —————————————————————...
19 Jul 2017 @ 14:15
Blue Star Capital stock (
LSE:BLU) is extremely strong right now. The market had been in a tight consolidation in the past several months, before becoming a bull’s paradise. The consolidation was so tight that it formed a long-term base, and now it has broken out with a high momentum, skyrocketing. The ADX period 14 is […]
11 Jul 2017 @ 03:14
AUS200 Dominant bias: Bearish This market has gone bearish since May and the bearishness has remained till now. There is a huge volatility in the market, which does not push price in a particular direction on a short-term basis, as the movement has been in a zigzag mode. This kind of action is supposed to […]
22 Jun 2017 @ 12:58
Forbidden Technologies shares (
LSE:FBT) are to continue the weakness apparent in the market. Price has been coming down since January 2107 and that has created a valid bearish outlook on the market. Price remains under than EMA 21 and in spite of the current consolidation, it is supposed to go further south, continuing the current […]
08 Jun 2017 @ 07:54
Nanoco shares (
LSE:NANO) are in a dicey situation. Would they go up or come down? Price went bearish from January to April 2017, and then made some faint bullish attempt in May, which overturned the bearish bias, leading to a bullish bias. How do we know? The ADX period 14 is roughly around the level […]
31 May 2017 @ 14:56
The problem of trading in uncertain times crept up on the Mentor Program Alumni forum and I have been thinking about my answer. The original answer I gave is shown below – I think one of the things you need to be able to do is to define what uncertainty is. If you opt for […]
19 May 2017 @ 13:31
WPP PLC stock (
LSE:WPP) is a sideways market. Price has been moving sideways since April 2017, oscillating between the upper Trendline and lower Trendline. A breakout is imminent in the market, which may take price out of either of the Trendlines. A movement above the upper Trendline would signal a bearish bias while a movement […]
04 May 2017 @ 07:08
AUS200 Dominant bias: Bullish This market is bullish as well as volatile. Price swung wildly upwards and downward in April, and it has started pulling back again this week (all in the context of a bullish bias). This month, the volatility would continue as price continues its wild upswings and downswing, while the general movement […]
28 Apr 2017 @ 10:46
It may seem a contradiction to say that you don’t want to pay attention to the profit of a trade. In fact, many of you might be saying that this guy must be smoking rope to say that profit is unimportant. Well, to clarify, that is not what is being said. Of course, profit is […]