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USDCAD Technical Analysis for June 13, 2013

13 Jun 2013 @ 04:55
The loonie continued bearish patterns forming, which will allow the pair to further develop its current bearish trend. The USDCAD is forming a higher low pattern over the support at the level of 1.0177. if the USDCAD manages to break that level, would be expected to fall to the level of 1.0094, which is the […]
 

FastJet Stock Goes Kaput?

11 Jun 2013 @ 07:07
The FasJet shares (LSE:FJET) are so weak that it has the potential to continue going further downwards. It is possible that long positions on the market could go kaput. This is a bear market. Two rams cannot drink from the same calabash. Since the bear is in control of the shares, the bull is in […]
 

There Is a Bullish Signal on IGas

11 Jun 2013 @ 06:54
There is a wonderful opportunity to go long on IGas (LSE:IGAS). The shares are expected to go northward slowly or steadily until further notice. This means it is high time permabears smoothed their positions; otherwise they would discover maggots in a heap of salt. The market was in a bullish mode until the end of […]
 

GBPUSD Technical Analysis for June 11, 2013

11 Jun 2013 @ 05:53
The GBPUSD continues forming a bullish pattern, to follow up and breaking resistance levels, along the way. We should not rule out possible bearish rebounds. The GBPUSD is trying to exceed the 200 day moving average, upward, to continue forming a lower high pattern and to break the resistance level at 1.5618. If the cable […]
 

Weekly Trading Forecasts (June 10 - 14, 2013)

10 Jun 2013 @ 10:25
The Greenback has been weak and the Yen has been strong. Most JPY pairs are also weak. The fundamentals that were released lately even added fuel to the extant biases. This means vivid bullish biases for some currency instruments like EURUSD and GBPUSD: and conspicuous bearish biases for some instruments like the USDCHF and EURJPY. […]
 

EURUSD Technical Analysis for June 09, 2013

10 Jun 2013 @ 03:08
The EURUSD is forming bullish patterns, allowing to this pair to continue its bullish trend of the moment. EURUSD remains above the 200 day moving average and is making consolidation movements. If the EURUSD managed to break the resistance at the 1.3243 level, it’s expected to rise to 1.3300 psychological level. On the other hand, […]
 

Weekly Thoughts of a Trading Maverick – June 9, 2013

08 Jun 2013 @ 19:09
Naked trading is no Holy Grail. I also do naked trading. But trading naked without the use of strict money management, risk control and discipline cannot help you. With these things, you can succeed with indicators; and without them, you can fail with naked trading. No trading signals are 100% accuracy, yet subscribers to trading […]
 

EURUSD Technical Analysis for June 07, 2013

07 Jun 2013 @ 06:00
The EURUSD has a strong bullish trend and now, this pair will seek to break new resistances. EURUSD is forming a lower high pattern below the resistance level of 1.3309. If this pair manages to break this resistance, it is expected to rise to the level of 1.3363. The general outlook for this pair is […]
 

4 Essential Trading Principles (Golden Rules)

07 Jun 2013 @ 04:02
“Sometimes people are so attached to the way things are that they would rather keep things the same and continue to fail rather than make those changes.” – Adrienne Toghraie We tend to think of harvesting our gains and smoothing open trades; something that is easier said than done. Big institutions have very high stakes that […]
 

USDCAD Technical Analysis for June 06, 2013

06 Jun 2013 @ 00:15
The USDCAD has not had significant movements that have achieved mainstream alter this pair, which is bullish. The USDCAD has been in a low range in this chart, forming a support level at 1.0290 and resistance at 1.0400 psychological level. If the loonie managed to break the resistance at 1.0400, it’s expected to rise to […]
 
 
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