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Stock Tipsters

Weekly Thoughts of a Trading Maverick – June 29, 2013

29 Jun 2013 @ 06:26
Being super sure of your trading setup is also not a guarantee that the trade would go in your favor. In addition, you sometimes make money fast and you make money slowly. Sometimes, you stay on the defensive for a long time, no matter how good your trading may be. EURUSD isn’t the best pair […]
 

William Eckhardt: The Oracle of Chicago

28 Jun 2013 @ 16:49
LEARN FROM GENERALS OF THE MARKETS – PART 31 “If you want to get rich, just find someone making lots of money and copy what he’s doing.” – J. Paul Getty William Eckhardt started his career in 1974, which was 4 years after his doctoral studies experience at the University of Chicago (he failed to […]
 

USDCAD Technical Analysis for June 27, 2013

27 Jun 2013 @ 04:13
The loonie continues to strengthen its bullish trend, however, is quite possible that this consolidation movements do to move forward. USDCAD is forming a lower high pattern below the resistance level of 1.0524. If the pair manages to break this resistance, it is expected to rise to 1.0600 psychological level. On the other hand, if […]
 

EURUSD Technical Analysis for June 26, 2013

26 Jun 2013 @ 05:47
The EURUSD continues to develop its bearish trend in the medium term. The formation of bearish patterns will be important to continue to consolidate in the current trend. This pair is forming a higher low pattern below the 200 day moving average and above the support at the 1.3048 level. If the EURUSD manages to […]
 

I Couldn’t Stake My Neck On Bowleven

25 Jun 2013 @ 23:41
Bowleven shares (LSE:BLVN) are what I couldn’t risk my neck on. This is because the shares are not favorable to buyers, except sellers. The shares hit the yearly high in March 2013, testing the distribution territory at 100.00. From that territory, the price dropped seriously and consolidated around the latter part of May 2013. In […]
 

Sell Proteome Sciences and/or Stay Away

25 Jun 2013 @ 23:31
Based on the reality in the market, it is advised that one do only one or two things with Proteome Sciences stock (LSE:PRM): Sell the stock and/or stay away from it. This is the rational thing to do until this bearish phase is over; unless one is a short-seller. About 4 EMAs are used for […]
 

GBPUSD Technical Analysis for June 24, 2013

24 Jun 2013 @ 02:36
Last week, the GBPUSD was very bearish, making consolidation movements below the 200 day moving average. The GBPUSD is forming a higher low pattern, trying to break the support at the 1.5382 level. If the GBPUSD manages to break this support, it is expected to fall to the level of 1.5229. On the other hand, […]
 

Weekly Trading Forecasts (June 24 - 28, 2013)

23 Jun 2013 @ 22:02
There have been sharp reversals in the markets, as the EUR, GBP and other currencies got weakened. All JPY pairs have rallied: there are confirmed new biases in the markets. As some instruments plummet further, more bearish pressure would be experienced and positions are smoothed as people show the white feather when they are risk-averse. […]
 

Weekly Thoughts of a Trading Maverick – June 23, 2013

22 Jun 2013 @ 20:03
Yes, believe the news, for it’s about real events. The only problem is that the effect on the markets may sometimes go against what people expect. I think candlestick trading is awesome in the short-term, and as a result of this, one needs to consider it for intra-day trading and exit once there is a […]
 

Conflicting Opinions in Trading

21 Jun 2013 @ 06:51
Which Opinions Are Correct? The trading world is full of too many different ideas that are hyped excessively. Many a professional often asserts that her/his own trading idea is the best. Many traders breathe intraday trading, and many endorse investing. Some worship tape reading, while some idolize Fibonacci ratios. Some use supply and demand levels […]
 
 
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