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“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
To be motivated means that you have an adequate incentive, and you are moved to take action. Motivation is at the crux of becoming successful in any endeavor, and trading is no different. Of course, motivation must be focused on the “right” target, objective, and goal... read more
Trading can be counter-intuitive in a number of ways. Let’s examine an instance of this as we look over Shirley’s shoulder at her trade. The green candles were rising faster than the space shuttle Endeavor toward her stop. Her eyes were like saucers while she fought a... read more
EURUSD: The pair remains weak and vulnerable to the downside despite its price hesitation. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a... read more
As you trade stocks or any other asset or financial instrument your beliefs play a huge role in the results that you get. In fact, your beliefs are very important components to your programming that took place years ago and still have considerable impact upon your... read more
GOLD: The commodity remains weak and vulnerable to the downside after it reversed its Friday gains on Monday. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level. Further down, a cut through here will open... read more
Paulo breathed a heavy sigh as he thought about the next day’s preparation. He was still attempting to recover from today’s session, which was emotionally whipping him as my grandfather used to say, “like he stole something!” He felt fragmented and frustrated, and he... read more
GBPUSD: The pair may have hesitated the past week, but remains slightly biased to upside. Support lies at the 1.3200 level where a break will turn attention to the 1.3150 level. Further down, support lies at the 1.3100 level. Below here will set the stage for more... read more
GOLD: The commodity remains on the offensive leaving risk higher nearer term. On the downside, support comes in at the 1,290.00 level where a break will turn attention to the 1,280.00 level. Further down, a cut through here will open the door for a move lower towards... read more
EURUSD: The pair may be biased to the upside but could face pullback risk in the new week. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a... read more
I found your daily analysis very useful. Thank you for an excellent service and great forex analysis
London, United Kingdom
You really do great technical analysis research. Very impressive, you know your job. Over the years, I have read so much technical analysis from many authors, and you can really tell their personal bias is affecting what they see in the charts. You do great work, very impressive.
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