03 Aug 2016 @ 08:08
AUS200 Dominant bias: Bullish AUS200 moved north by over 3700 points in July 2016, as it was anticipated. There is a Bullish Confirmation Pattern in the daily and 4-hour charts, emphasizing bulls’ hegemony. In this market, the best trading approach now is to buy short-term pullbacks whenever they happen, providing that a pullback is followed […]
28 Jul 2016 @ 12:24
“One of the best ways to learn about anything is to read about it. Books, articles. Even just marketing pages. Find out what the pros are doing. Find out what’s working for them. And then…” – James Altucher In the last few years I have written three books titled Lessons from Expert Traders (published by […]
26 Jul 2016 @ 03:08
Burberry Group shares (
LSE:BRBY) are a good example of an ideal market for buyers. There is a clean bullish signal in the market and buyers are happy to ride it further north. Price is above the EMA 21 and the Williams % Range period 20 has often remained in the overbought territory. This is a […]
14 Jun 2016 @ 10:35
Nanoco shares (
LSE:NANO) are supposed to experience a stormy decline, following a breakout from the currency base, which is an equilibrium phase. The market has entered an equilibrium phase since February 2016. The more the equilibrium phase holds out, the more the possibility of a stronger breakout. A closer look at the RSI period 14 […]
19 May 2016 @ 09:06
“Trading can be a matter of probabilities. Sometimes you’ll be at the right place at the right time; at other times you won’t. That’s all right. If you are consumed with perfection and finding the ultimate trading opportunity, you will often miss the trades that are right in front of your nose.” – Joe Ross […]
18 May 2016 @ 10:41
Blinkx shares (
LSE:BLNX) are experiencing what would rather be called a false breakout. The bullish breakout is in the context of a downtrend, and it can be a trap for the unwary buyers. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50, and 200. The color that stands for each […]
21 Apr 2016 @ 12:52
“Although I’ve witnessed uncountable demo contests the world over, these are the most impressive results I’ve ever seen, despite the vagaries of the markets.” – Analyst75 Honestly, my plan for this week was to post an article about Alan Howard, a self-made billionaire trader, in our Master Traders series. Nonetheless, I’d to change my mind […]
08 Mar 2016 @ 09:30
Alibaba stock (
NYSE:BABA) has been making some bullish effort recently, which has given hope beyond a reasonable doubt that the bias for this year would be bullish. The stock made some bullish attempt last year, but started coming down this year. At the lower Trendline, further bearish movement was rejected in February 2016, and since […]
10 Feb 2016 @ 08:29
Apple stock (
NASDAQ:AAPL) is in a major downtrend and this is a bias that is expected to continue, based on what is happening in the chart. The major downtrend started in December 2015, and it has held out till now. Although the market has consolidated so far this week, it is below the EMA 21 […]
04 Feb 2016 @ 09:31
Twitter shares (
NYSE:TWTR) are in a major downtrend, which has been going on for months. Long trades are currently suicidal in this market as we shall see. The price has gone below the lower Trendline and the RSI period 14 is far below the level 50, even around the oversold region. This means the bearish […]