Investing Advice

GOLD (XAUUSD) Dominant Bias: Bearish Contrary to the assumption that Gold would be bullish, its price has gone downwards significantly within the last 2 weeks. There is now a Bearish Confirmation Pattern in the market and the market can continue to be weak. There are support levels at 1275.00 and 1265.00, which would serve as […]

GULF KEYSTONE SHARES RALLY The shares (LSE:GKP) were trending downwards till the early part of August 2014. That was when the price hit a rock bottom around the demand level at 60.00. After this, the price begins to rally – something that is still valid up till now. In the chart, the price broke above […]

Tesco stock (LSE:TSCO) has been dropping like a stone for most of this year, although the price has kind of consolidated around the months of April, May and June 2014. Since then, the price has broken out to the downside, trending south. This southward trend is likely to continue. Here, we use 4 EMAs. They […]

Note: All the trades below were entered on August 25, 2014. If you’d trade the signals, they mustn’t be entered later than 7.00 AM GMT on August 26, 2014. Gap trading offers unique trading opportunities when they happen on hourly charts and on many currency pairs and crosses simultaneously. In the year 2011, there were […]

The USD/JPY has already tested the supply level at 104.00. Should that supply level gets breached to the upside, the next target in the chart would be the supply level at 104.50. EUR/USD: This pair has been able to continue its southward journey. As it was accurately forecasted, the last rally in the market proffered […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair has been able to maintain its bearish bias. In this kind of market, any rallies would proffer opportunities to sell short. Therefore, the current rally may be another short-selling opportunity, provided that it does not go above the resistance line at 1.3350. […]

“No methodology will work unless you are able to develop the proper mindset to follow it.” – Dave Landry The world of trading is full of things that work and things that don’t work. To be honest, there are many successful traders who’re also teaching people how to become successful. There are many signals providers […]

The bullish attempt on Kea Petroleum stock (LSE:KEA) came to an abrupt end as the price gaps down massively. This has led to a new Bearish Confirmation Pattern in the chart. Following the strong gap-down, the ADX period 14 goes towards the level 50, showing that the current bias is strong. The DM- just crossed […]

Maple Energy shares (LSE:MPLE) have been in a long-term bearish trend. Short-term sellers have made huge gains and would continue to make more money as the bearish trend continues. The EMA 21 shows that the market is in a long-term downtrend, while the Williams’ % Range has perpetually been in the oversold territory. This has […]

We are only a month away from the highly anticipated IPO of China’s e-commerce giant, Alibaba, when the company says, “Open Sesame,” to anxious investors. Today, however, a cloud is forming over the company’s debut on the New York Stock Exchange as Alibaba is hunting for thieves. There may not be 40 of them, but […]