10 Jan 2016 @ 23:39
The USD/JPY moved southward last week; by roughly 200 pips. The price made several attempts to break the demand level at 117.50 to the downside, but with no success. The price still shows the determination to go further south, which may eventually enable it to go below the demand level at 117.50. EUR/USD: This market […]
10 Jan 2016 @ 06:57
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish From Monday till Wednesday, this pair went south. However, it started a bullish journey from Thursday till the close of the market on Friday. Bulls would continue making attempts to push the price further north, but their action would not jeopardize the extant bearish […]
07 Jan 2016 @ 11:21
Gulf Keystone stock (
LSE:GKP) is expected to go further downwards this year, just as it was predicted last year. The market went downwards protractedly and persistently, bringing profits to those who understand that this is a bear market. Trading is a business to be understood. 4 EMAs are used for this analysis and they are […]
07 Jan 2016 @ 11:11
Facebook shares (
NASDAQ:FB) are now in an equilibrium phase. The price might break out of the current range, but a downward movement is much more likely (though an uptrend cannot be ruled out). From July to October 2015, the price went upward, with occasional pullbacks along the way. The price then consolidated in the last […]
06 Jan 2016 @ 23:59
AUDUSD is still looking for new lows as it’s not a secret that the overall structure is favoring to the downside in a short-term basis. At a technical outlook, pair could find strong support around the 0.7022 level, and if it achieves in break that zone, then we can expect a decline towards the 0.6974. […]
06 Jan 2016 @ 23:31
GOLD (XAUUSD) Long-term bias: Bearish In 2015, Gold topped at 1307.35 and later reached a low of 1046.21. Gold was engaged in perpetual and persistent downtrend, trapping bulls with short-term bullish movements. It is completely irrational to open long trades in the market, because the bears have really made their presence felt for a long […]
04 Jan 2016 @ 00:15
The GBP/USD moved down by 170 pips last week, closing below the distribution territory at 1.4750. There is still a great probability that the market could continue going further south, because the outlook on the GBP/USD (including other GBP pairs) is bearish. The price might test the accumulation territories at 1.4700 and 1.4650 this week. […]
02 Jan 2016 @ 21:56
Here’s the market outlook for the year: EURUSD Long-term bias: Bearish EURUSD was generally bearish in 2015, reaching a low of 1.0462 and a high of 1.1712. The last week of that year was bearish, and the bearishness could continue till February 2016. From February to April, we would witness serious bullish effort, which would […]
01 Jan 2016 @ 01:36
INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 20 “Books are great mentors, but where else can you learn? By standing on the shoulders of giants. When it comes to making money, here is the million dollar secret…follow someone smarter than you…” – James Altucher Name: James Tisch Date of birth: January 2, 1953 […]
31 Dec 2015 @ 00:30
GBPAUD = Sell GBPUSD = Sell EURGBP = Buy GBPJPY = Sell GBPCHF = Sell GBPCAD = Sell GBPNZD = Sell NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]