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GOLD: Bullish, Risk Remains Higher On Further Strength

GOLD: The commodity looks to recover further higher. On the downside, support comes in at the 1,240.00 level where a break will turn attention to the 1,230.00 level. Further down, a cut through here will open the door for a move lower towards the 1,220.00 level. Below... read more

CRUDE OIL: Weakens, Extends Bear Pressure

CRUDE OIL: The commodity extend its Tuesday losses on Wednesday opening the door for more declines. On the downside, support resides at the 47.00 level where a break will expose the 46.00 level. A cut through here will set the stage for a run at the 45.00 level.... read more

EURUSD: Bullish, Threatens Further Upside Pressure

EURUSD: With the pair rallying back above its key resistance, further bullishness is likely. On the upside, resistance comes in at 1.0850 level with a cut through here opening the door for more upside towards the 1.0900 level. Further up, resistance lies at the 1.0950... read more

EURUSD: Rallies, Looks To Extend Strength

EURUSD: The pair rallied strongly to reverse its two-day losses on Wednesday. On the upside, resistance comes in at 1.0750 level with a cut through here opening the door for more upside towards the 1.0800 level. Further up, resistance lies at the 1.0850 level where a... read more

CRUDE OIL: Prints Rejection Candle, Targets Recovery Higher

CRUDE OIL: The commodity halted its weakness to close on a rejection candle on Tuesday. On the downside, support resides at the 48.00 level where a break will expose the 47.00 level. A cut through here will set the stage for a run at the 46.00 level. Further down,... read more

GOLD: Bearish But With Risk Of Correction

GOLD: The commodity closed lower the past week but it looks to trigger corrective recovery. On the downside, support comes in at the 1,200.00 level where a break will turn attention to the 1,190.00 level. Further down, a cut through here will open the door for a move... read more

GOLD: Retains Upside Pressure Despite Pullback

GOLD: The commodity closed lower the past week though with caution. On the downside, support comes in at the 1,240.00 level where a break will turn attention to the 1,230.00 level. Further down, a cut through here will open the door for a move lower towards the... read more

How Many Stops Should You Have?

If you have been trading for more than a few hours, I hope you have recognized the importance of using stop losses on all of your trades. There are several types of these stops which I will discuss briefly, but are you using stops in other parts of your trading... read more

GOLD: Eyes Further Upside Pressure On Strength

GOLD: The commodity closed higher the past week leaving it to strengthen further on trend resumption. On the downside, support comes in at the 1,250.00 level where a break will turn attention to the 1,240.00 level. Further down, a cut through here will open the door... read more

How To Make Patterns Of Thinking Work For You

Patterns are recurring sets of images, events, objects, forms, etc. When events or situations keep coming up, eventually you will recognize them as a pattern. Of course patterns can be either supportive or destructive to your performance. Patterns that occur in your... read more
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