31 May 2016 @ 16:42
Plexus Holding shares (
LSE:POS) are expected to decline further. Although the price has been consolidating to the upside in the last few months, the overall bias on the market is bearish, plus the Death Cross effect is still in place. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and […]
29 May 2016 @ 22:11
The USD/CHF managed to go upwards a little on Friday, having consolidated in the first few days of the week. The bulls are still willing to push price northward, and there is a possibility that the resistance levels at 0.9950 and 1.0000 (a parity zone) would be tested. However, it is unlikely that the resistance […]
28 May 2016 @ 10:15
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Last week, EURUSD went downwards 110 pips, just as it was projected. There is a bearish signal in the market, which would cause its weakness to hold out, as long as USD is stronger than EUR. The pair would continue trudging south this week, […]
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: […]
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 @ 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 @ 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 […]
15 May 2016 @ 21:28
The EURUSD went downwards last week – a movement that has generated a bearish signal in the 4-hour chart. As it was mentioned last week, the outlook on this pair is bearish and further southward movement is expected this week, which could make the price go towards the support lines at 1.1250 and 1.1200. EUR/USD: […]