14 Aug 2014 @ 11:36
“Markets change continuously. Therefore, I am constantly searching for trading setups that may improve my trading.” – Christian Lukas One of the most important aspects of a strategy is its accuracy percentage. High accuracy is more preferable than low accuracy, although it must be coupled with positive expectancy. A trader whose strategy is only 25% […]
13 Aug 2014 @ 00:39
The AUDUSD remains above the daily pivot point level of 0.9263, where the pair is trying to remain stable, despite the AUDUSD is below the 200 SMA. If the Aussie manages to make a breakout on the resistance level of 0.9280, it is expected to rise to the level of 0.9291, where the 200 SMA […]
12 Aug 2014 @ 21:50
Regency Mines stock (
LSE:RGM) has nosedived again while the major bias remains bearish. This means that the market has a high probability of going further south as the chart shows. Because of this, sane buyers offload their positions in a hurry. 4 EMAs are used and they are EMAs 10, 20, 50 and 200. The […]
12 Aug 2014 @ 21:43
President Energy shares (
LSE:PPC) may lose more of their value when the price breaks out and go further south. The market has been very choppy and volatile lately, plus the logical thing to do right now is to seek short trades. Since last month, July 2014, the price has been coming down, going through very […]
11 Aug 2014 @ 01:10
Instrument: EURJPY Order: Sell Entry date: August 11, 2014 Entry price: 136.885 Stop loss: 137.902 Take profit: 136.939 Instrument: EURAUD Order: Sell Entry date: August 11, 2014 Entry price: 1.44525 Stop loss: 1.45556 Take profit: 1.44537 Instrument: EURCAD Order: Sell Entry date: August 11, 2014 Entry price: 1.47040 Stop loss: 1.48070 Take profit: 1.45070 Instrument: […]
11 Aug 2014 @ 00:17
The EURJPY is finding dynamic resistance in the 200 SMA, where the pair is forming a lower high pattern. If the EURJPY manages to make a breakout on the resistance level of 137.26, the next target would be the 137.70 level, which would be a bullish intraday consolidation, because this pair has been solid in […]
10 Aug 2014 @ 23:11
The USD/CHF closed at 0.9055 on Friday (August 8, 2014). This pair is having a serious difficulty breaking the resistance level 0.9100 to the upside. In fact, the price has dropped by about 50 pips since the resistance level was challenged. EUR/USD: On this pair, there has been a rally in the context of a […]
08 Aug 2014 @ 03:14
The NZDUSD has fallen from the daily pivot point level of 0.8476 and now this pair is consolidating below resistance at 0.8455. The Kiwi remains strong in the bearish trend, since this pair is approaching the support level of 0.8433. If the NZDUSD manages to make a breakout at that level would be expected to […]
07 Aug 2014 @ 10:25
LEARN FROM THE GENERALS OF THE MARKETS – PART 51 “You need to be comfortable with the level of risk you are taking when you trade.” – Stuart McPhee Maria Boyazny is the Founder and Chief Executive Officer of MB Global Partners, which is based in New York. MB Global Partners is an asset management […]
06 Aug 2014 @ 10:12
Roxi Petroleum shares (
LSE:RXP) are very strong right now, having broken upwards and having resumed a bullish journey since last month. This bullish bias has also continued this month… and this is just the beginning. In the chart, the ADX period 14 is above the level 50, going towards the level 60. This signifies a […]