Technical Analysis

“Once you get your trading plan completed however, and you have a successful track record of six months of solid trading results, lock that plan up and never share it with anyone. Use it to build an incredible life for you and your family. Hold on to the edge you have worked so hard to […]

Sentiment turned bearish a few days ago and the stock market is expected to go down as a result but the S&P 500 is resilient. It’s possible a bottom is already in place in the S&P. The US economy is not firing on all cylinders but it is not slowing down either. That is a perfect […]

Gulf Keystone shares (LSE:GKP) are a trap for pig-headed buyers, who would continue to suffer as they hold onto their investment, which is bound to become worthless over time. Only sellers can make something meaningful out of this market. Price is below the EMA 21 and the Williams’ % Range period 20 is in the […]

Be Heard stock (LSE:BHRD) is something that brings joy to buyers. This is a market that has broken out of its base (a tight equilibrium phase) which was in existence for several months. The ADX period 14 is almost above the level 30, while the DM+ is above the DMI-. All these show that the […]

AUS200 Dominant bias: Bearish AUS200 dipped at the beginning of August, and moved sideways till last week, when it went down significantly. The bias has turned bearish, and unless price goes above the resistance line at 5620.0 to effect a new bullish outlook on the market. This month, further dips are expected, which would enable […]

The USD/JPY cross has continued the bullish journey it started on August 26, 2016. Since then, price has gone upwards 400 pips, now around the supply level at 104.00, which was tested last week and could be retested this week. This bias on this pair, as well as other JPY pairs, is bullish. Until there […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD went bearish last week, closing at 1.1152 on Friday. Bulls made serious effort to push price upwards on Thursday and Friday, but bears came with stronger hands to effect a movement to the downside. There are support lines at 1.1100 and 1.1050, which […]

WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 16 “Traditional risk management simply fails to account for the fact that the most dangerous risks are those which occur infrequently and don’t show up in track-records.” – Jack Schwager Name: Noam Gottesman Year of birth: May 1961 Nationality: American, British Occupation: hedge fund manager, […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold generally consolidated from August 1 to 19, 2016; and then began moving south perpetually. The southwards movement was significant enough to have brought about a bearish bias on the market. Price has gone down 3500 pips since August 22, making it illogical to seek short trades right now. Further […]

Redstoneconnect PLC stock (LSE:REDS) is currently suitable for buyers. Price has been going on since July 2016 till now, and further gains are possible, at least till the end of this year. From April to June, price was declining, reaching a possible yearly bottom in June and going above the upper Trendline. In this month, […]