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USDJPY: Threatening Further Weakness Short Term

USDJPY: The pair continued to retain its downside pressure with more declines expected. On the downside, support comes in at the 110.50 level where a break if seen will aim at the 110.00 level. A cut through here will turn focus to the 109.50 level and possibly lower... 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

How Your Beliefs Are Sources Of Great Power

The power of beliefs is a double-edged sword that can cut both ways. It can help you and it can hurt you. Take the placebo effect, and the fact that physicians have been doling out sugar pills forever with amazing results. Or, I’m sure you’ve no doubt heard about... 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

Is There Any Thing Like A Perfect Setup?

This endeavor of futures trading attracts people from all walks of life. They can be doctors, housewives, or entrepreneurs (who are generally a good fit as they are risk takers to begin with). That said, there is one profession in particular that seems to have a... read more

GBPUSD: Bullish, Targeting Further Upside Pressure

GBPUSD: The pair remains on the offensive leaving risk higher in the days ahead. Support lies at the 1.2350 level where a break will turn attention to the 1.2300 level. Further down, support lies at the 1.2250 level. Below here will set the stage for more weakness... read more

EURUSD: Bullish, Faces Further Recovery Higher

EURUSD: With the pair closing higher the past week, further recovery is envisaged. On the upside, resistance comes in at 1.0800 level with a cut through here opening the door for more upside towards the 1.0850 level. Further up, resistance lies at the 1.0900 level... read more

Why You Should Not Trade Not To Lose?

The opening bell just sounded and you are putting on a trade. You’ve got your plan established…you’ll buy the demand level on the 60 minute chart of the NQ E-mini that you analyzed yesterday. The price action on the Globex chart is confirming the plan with an... read more
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