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Let’s face it, trading losses can be tough. No one likes losing money. As every trader will learn sooner or later, trading losses are a routine part of the game. Nevertheless, many traders find it difficult to accept inescapable trading losses. When We... read more
GBPUSD: The pair continues to target further weakness after closing lower the past week. It now targets it key support located at 1.2865 level. On the downside, support lies at the 1.2900 level where a break will turn attention to the 1.2865 level. Further down,... read more
Like traders, top athletes compete and practice their sport day after day. Like traders, top athletes have good days and not so good days. Here’s an insightful comment by an elite tennis player after winning an important match in which she didn’t feel 100%... read more
CRUDE OIL: The pair continues to hold on to its downside pressure following a lower close the past week. On the downside, support resides at the 43.00 level where a break will expose the 42.00 level. A cut through here will set the stage for a run at the 41.00 level.... read more
GOLD: With the commodity continuing to hold on to its downside pressure, more weakness is envisaged in the new week. On the downside, support comes in at the 1,300.00 level where a break will turn attention to the 1,290.00 level. Further down, a cut through here will... read more
Debra winced hard as if her skin had been pierced by a deep dull needle…right through her heart. She had sworn over and over that she wouldn’t do it. But here she was, again caught in a web of self-induced seduction driven by greed and fear. “Why is it so hard?” she... read more
I remember when I bought a tear down a few years ago and built a new house on the land. Had someone with experience explained to me what I was getting into, I may have still moved forward but I would have been much better prepared. On second thought, there is a very... read more
GOLD: With the commodity declining on correction the past week, more weakness is envisaged in the new week. On the downside, support comes in at the 1,320.00 level where a break will turn attention to the 1,310.00 level. Further down, a cut through here will open the... read more
“It just made good sense!” He heard himself say emphatically. The trading classes Ken had taken were a sound investment giving him the market knowledge he needed to identify prudent supply and demand zone strategies. Also, Ken had realized early on the importance of... read more
EURGBP- With the pair recovering strongly on Wednesday, further price strength is likely. Resistance resides at the 0.8500 level where a violation if seen will turn risk towards the 0.8550 level. On further upside, the 0.8600 level comes in as the next upside target... read more
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London, United Kingdom
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