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EURUSD: With the pair rallying to stop its weakness on Tuesday, more strength is envisaged. On the down, support lies at the 1.0650 level where a violation will aim at the 1.0600 level. A break of here will aim at the 1.0550 level. Conversely, on the upside,... read more
Gayle couldn’t believe what had happened. The price action on the 15 minute NQ E-mini had retraced and her demand zone trade, where she had executed a limit order to go long, had come perilously close to hitting her stop. However, just as it seemed like it was about... read more
GOLD: The commodity remains biased to the upside following its price extension the past week. This development leaves more strength to the upside in the new week. On the downside, support comes in at the 1,190.00 level where a break will turn attention to the 1,180.00... read more
Has this happened to you as it did to Harvey? His eyes were at half-mast as he could barely focus on the chart staring back at him from the computer screen. He felt very tired like he had weights on his arms, and his mind was foggy. But, what was quite clear is that... read more
EURUSD: With the pair closing higher the past week, further bullishness is expected in the new week. On the down, support lies at the 1.0600 level where a violation will aim at the 1.0550 level. A break of here will aim at the 1.0500 level. Conversely, on the upside,... read more
USDCHF: The pair closed further lower the past week though we could see a recovery higher in the new week. On the downside, support lies at the 1.0050 level. A turn below here will open the door for more weakness towards the 1.0000 level and then the 0.9950 level. Its... read more
Richard heaved a heavy sigh. He was thoroughly perplexed, confused, frustrated and dejected as he struggled to understand why the stock he was trading had taken a dive in the late afternoon. The Earnings Report had good news and what’s more, the Bloomberg analyst had... read more
EURUSD: With the pair taking back its intra day losses to close higher on Wednesday and following through on a rally during Thursday trading session, more strength is envisaged. On the down, support lies at the 1.0650 level where a violation will aim at the 1.0600... read more
Think about your trading for a moment; what is motivating you? You may be like so many other traders around the planet in that you trade, and trade, and trade. In fact, you may have daily or trade session targets, but rather than discontinue trading when you hit those... read more
EURUSD: With the pair following through lower on the back of its Tuesday losses on Wednesday, further decline is envisaged. On the down, support lies at the 1.0450 level where a violation will aim at the 1.0400 level. A break of here will aim at the 1.0350 level. Its... read more
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