26 May 2016 @ 08:53
WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 9 “As a trader, the brutal truth is that you only get paid for your results. There is no ‘time and a half’, or over-time rates. We live in a results economy, not a time economy, like people who have ‘jobs.’’ – Louise Bedford Name: […]
25 May 2016 @ 15:27
LGO Energy stock (
LSE:LGO) is in a tight equilibrium phase, which has been going on for the past several months. The price is quite choppy, zigzagging its way forwards, as long as the equilibrium phase lasts. In the chart, the price is currently between the Trendlines, and there would soon be a break out of […]
25 May 2016 @ 15:18
Angle PLC shares (
LSE:AGL) are bearish at the present. From November 2015 to February 2015, the price was in a downtrend. In March 2016, the price rallied massively, only to get corrected lower in April. The bearish correction is still in force, and it has held out long enough to cause a bearish signal in […]
23 May 2016 @ 01:14
As it was forecasted, the USD/CHF was able to move upwards by 160 pips last week, closing above the support level at 0.9900. The next target should be the resistance level at 1.0000, which means a parity area for USD versus CHF. However, there is one challenge the bulls might face this week, and that […]
21 May 2016 @ 22:43
As time passes, uncertainty grows prior to Brexit referendum that is scheduled to take place the June 23 in the United Kingdom, and financial markets will be watching the latest surveys that will be released in the British media on the position of citizens about, prior this post-legislative referendum. The British pound closed the week […]
21 May 2016 @ 11:52
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD went downwards last week, closing below the resistance line at 1.1250. There is a bearish bias on the market, and the support lines at 1.1150 and 1.1100 could be tested. The only thing that can make this happen is continuous stamina in USD […]
19 May 2016 @ 15:06
EUR/USD DMI: Bearish Sentiment bearish MACD : bearish RSI: Neutral Moving averages crossover: bullish EUR/USD: Indicators are mostly bearish and the Elliott wave is wave A down. The euro is tracing out wave A of a downward zigzag [A,B,C]. The pattern is a long term triangle [(A),(B),(C),(D),(E)]. wave (C) is over and […]
19 May 2016 @ 10:06
“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 @ 11:41
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 […]
18 May 2016 @ 11:20
Strat Aero stock (
LSE:AERO) is really a falling knife, despite the current consolidation in the market. When there is a breakout in the market, it would be in favor of sellers, as shown in the price action below. The price has been trending downwards since December 2015 till now. This is a kind of market […]