09 Jun 2015 @ 10:35
Sirius Minerals shares (
LSE:SXX) are expected to continue to going upwards in the context of an established uptrend. The price action supports this view as this analysis shows. From the beginning of January to the end of March 2015, the price moved in a tight consolidation phase, but it broke upwards significantly in April, moving […]
09 Jun 2015 @ 10:26
The situation on Bacanora Minerals stock (
LSE:BCN) looks dicey, making traders wonder whether they should buy or sell. The recent bias was bullish but the price has been coming down since last month. The trend has turned bearish in the short-term. In the chart, 4 EMAs are used and they’re EMAs 10, 20, 50, and […]
08 Jun 2015 @ 07:08
The USD/JPY moved sideways last week and it later broke upwards significantly as a result of the employment figures coming out of the US. The upwards break happened in the context of an uptrend and thus, further upward movement is possible this week. EUR/USD: The popular Non-Farm Employment Change and other employment figures coming out […]
08 Jun 2015 @ 00:01
EURUSD is trying to do another rebound above the 200 SMA at H1 chart, but the risk to the downside is still there. Currently, the pair is forming a lower low pattern below the daily pivot point level of 1.1147 and we could expect a test of the support around the 1.1015 level. In the […]
06 Jun 2015 @ 23:23
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish The popular Non-Farm Employment Change and other employment figures coming out of the US and Canada caused significant impact on the markets on June 5, 2015. The figures had positive effects on USD and CAD and therefore, other USD pairs and CAD pairs were […]
04 Jun 2015 @ 23:59
Gulf Keystone shares (
LSE:GKP) are now in a tight equilibrium zone. This is a condition that has been going on since March 2015; and a breakout is expected very soon. There would either be a breakout to the upside or a breakout to the downside. The ADX period 14 and its DM+ and DM- are […]
04 Jun 2015 @ 23:54
Churchill Mining stock (
LSE:CHL) has shot skywards significantly. Within the last several months, the price simply moved sideways, creating a strong base which might even prevent serious bearish plunges. This is a type of market that benefits buyers. The bullish journey started in May 2015, and it ran till the end of that month. In […]
03 Jun 2015 @ 10:09
INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 6 “Value investing requires a great deal of hard work, unusually strict discipline, and a long-term investment horizon. Few are willing and able to devote sufficient time and effort to become value investors, and only a fraction of those have the proper mind-set to succeed.” Name: […]
02 Jun 2015 @ 20:43
AUDJPY = Buy AUDUSD = Buy EURAUD = Sell AUDCAD = Buy AUDCHF = Buy GBPAUD = Sell AUDNZD = Buy NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]
01 Jun 2015 @ 04:33
The EUR/JPY experienced a nice bullish run last week, moving upwards from the demand zone at 133.50 and going far above the demand zone at 136.00. This movement of roughly 300 pips has resulted in a clear Bullish Confirmation Pattern in the chart, and this is a situation that could continue this week, for the […]