05 Jul 2015 @ 23:55
The USD/JPY is currently a market in which short-term traders and scalpers thrive. There have been short-term swings in the market – as the price oscillates between the supply level at 124.00 and the demand level at 122.00. There is a need for a break above the aforementioned supply level or demand level before there […]
04 Jul 2015 @ 08:36
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Current events in the Eurozone will continue to shape the movement of EURUSD and other EUR pairs this week. Last week, price opened with a gap-down of about 200 pips before an upward bounce of over 300 pips occurred on Monday. On Tuesday, price […]
02 Jul 2015 @ 23:36
INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 8 “To be successful in the markets, you need to control your emotions and only act rationally. Since we never learned this in school, 90% of the traders and 80% of the investors are losing money.” – Florian Grummes Name: Marc Rivalland Nationality: South Africa, the […]
02 Jul 2015 @ 12:42
The S&P 500 rallied on Wednesday as traders began the month of July in optimistic mood despite the debt crisis in Europe. Latest news out of Greece, indicates that any deal with eurozone finance ministers will have to wait until at least Sunday when we will learn the outcome of the latest referendum. Greeks will […]
30 Jun 2015 @ 08:46
Metal Tiger shares (
LSE:MTR) are trying to rally and this is something that is supported by the present price action in the market. The price has been volatile but it can be seen that the bulls are gaining upper hands. In the chart, the ADX period 14 is at the level 30, which means that […]
30 Jun 2015 @ 08:40
Gulf Keystone stock (
LSE:GKP) has broken out of a long-term base and this could be the beginning of a persistent bullish run. The price trended south in January to March 2015. The gap that occurred in February simply proffered an opportunity to sell short in the context of a downtrend. Since April, the stock has […]
30 Jun 2015 @ 05:13
EURUSD filled the bearish gap left during the monday session and now it’s looking for a clear road during this week. Greece has been in the world news headlines because of the economical crisis which is happening there and EURUSD is a pair very connected with that situation. However, the technical outlook is already pointing […]
28 Jun 2015 @ 23:59
The GBP/USD fell by roughly 200 pips last week, threatening the recent bullish outlook on the market. The bullish outlook would be valid only as long as the accumulation territory at 1.5650 is not broken to the downside. Once the accumulation territory is breached to the downside, the outlook would become bearish – an event […]
27 Jun 2015 @ 22:37
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Because of the events in the Eurozone, EUR pairs might open with gaps this week and in case the gaps happen, they would harbinger great volatility in the markets for the rest of the week. EURUSD trended downwards in the beginning of last week, […]
25 Jun 2015 @ 22:38
“With every trade or investment there are four possible outcomes. You can have a small win, big win, small loss or big loss. As long as we make sure we eliminate the big loss from happening, we can certainly live with the other three.” – Sam Seiden What’s the most important thing every trader can/must […]
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