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Stock Tipsters

There is an Ominous Trap on GCM Resources!

15 May 2013 @ 10:45
There is a decoy on GCM Resources (LSE:GCM). In fact, this is an ominous trap for unwary traders who make decisions based on emotions. The dominant bias on the chart is southwards, and there is no end in sight right now. It is presumed that speculators are aware of the fact that a bias alternatively […]
 

GBPUSD Technical Analysis for May 15, 2013

15 May 2013 @ 00:05
The cable has had a very bearish days, and it is quite possible that we may see stronger falls in the medium term for this pair, if the bearish continuation patterns are completed in the technical analysis. The GBPUSD is trying to break the support at the 1.5197level; that level has shown a lot of […]
 

USDCAD Technical Analysis for May 14, 2013

14 May 2013 @ 05:10
The loonie found strong support near parity, then make a bullish rebound, trying to break a nearby resistance. The USDCAD is approaching the resistance level of 1.0127, after making a bullish rebound on the moving average of 200 and above the parity level at 1.0000. If the USDCAD breaks this resistance, it is very possible […]
 

EURUSD Technical Analysis for May 14, 2013

14 May 2013 @ 00:05
The EURUSD is approaching a very important support, crucial for the overall development of the weekly trend in this pair. The EURUSD had a week’s start, slightly bearish, trying to break the support at the 1.2943 level. It is very possible that this pair is forming a higher low pattern to be able to break […]
 

Ocado And The "Quindell" Sell Signal

13 May 2013 @ 14:45
Ocado (LSE:OCDO) shares appeared in Lessons From The Financial Markets For 2013 as an unlikely sounding buy on a break of 90p. It may appear in next year’s edition as an equally surprising sell back towards 90p.  The reason is what could be called the Quindell Sell Signal. Last week there was a lot of […]
 

Weekly Trading Forecasts (May 13 - 17, 2013)

12 May 2013 @ 23:07
Interesting things are happening in the markets, especially on JPY pairs. The northward outlook on these pairs has held out longer than what most thought. The USDJPY pair has broken the great supply zone of 100.00 to the upside (the last time the price was above that market zone was April 2009). The real surmise […]
 

Weekly Thoughts of a Trading Maverick – May 11, 2013

11 May 2013 @ 16:00
Can anyone show me 2-year account history, even if it’s a demo, of a Nightingale trading system that has been surviving for the past two years, and on which nothing less than 1000 trades have been placed? Why not open an account with 2 or 3 or more brokers? Why not? if you’re rich enough, […]
 

Patience Bears Rewards in Trading

10 May 2013 @ 15:19
Why aren’t we patient while trading? Why do we prefer instant results always? We’ve become an immediate gratification culture, and we expect profits to come quickly, efficiently in the way we want. When that doesn’t happen, we tend to become increasingly frustrated and irritable – a sign of impatience. One source says that, for one […]
 

GBPUSD Technical Analysis for May 10, 2013

10 May 2013 @ 01:18
Yesterday’s session was very bearish for the GBPUSD, approaching significant levels in the development of the general trend of this pair. The GBPUSD is trying to touch the support level at 1.5400, a very important in this pair, considering that in earlier days, the GBPUSD had difficulty to break this level and go higher. If […]
 

USDJPY Technical Analysis for May 09, 2013

09 May 2013 @ 01:20
The USDJPY has had a week very slow in the forex market and is trying to define the general trend. The USDJPY still doesn’t break the resistance at the psychological level of 100.00, a very important because of its strength in recent weeks. Yet, still within the range of 99.45 and 96.41, any breach of […]
 
 
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