Investing Advice

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 […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair has continued to be weak, though the southward movement has been limited so far. In fact, there is a constant struggle between the bull and the bear, which has resulted in a high volatility. The resistance line at 1.3400 has been battered […]

Retail megalith Walmart (NYSE:WMT) published its first half results today, reporting its seventh straight quarterly decline in same store sales year-on-year. Walmart share price, nonetheless, rose by 0.49% to 74.39, the neighborhood in which it has been parked since July 2012. Look at the Situation If you haven’t discovered by reading my previous columns about […]

“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% […]

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 […]

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 […]

I have struggled for the better part of two days now to not write about GlaxoSmithKline pharmaceuticals (LSE:GSK). I’ve already written about GSK and its share price five times in the first six months of 2014. What more could there possibly be to report? Nonetheless, GSK just seems to have a way of gaining attention, […]

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: […]

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 […]

Afren stock (LSE:AFR) has now become hopeless against the bears. The price gapped down massively recently, rendering any bullish hope and outlook useless. The market was in a tight consolidation – a cutthroat struggle between the bulls and the bears – for a few months. But at the end of July/beginning of August, 2014, the […]