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GOLD: With the commodity still trading below its key resistance we envisage a move lower in the new week. On the downside, support comes in at the 1,330.00 level where a break will turn attention to the 1,320.00 level. Further down, a cut through here will open the... read more
EURUSD: The pair saw price hesitation the past week but still faces corrective pullback risk. Support lies at the 1.1150 level. Further down, support lies at the 1.1100 level where a violation will aim at the 1.1050 level. A break of here will aim at the 1.1000 level.... 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
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
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
EURUSD: With the pair rejecting Higher prices to close lower on Friday (see daily chart), further downside pressure. Support lies at the 1.1200 level. Further down, support lies at the 1.1150 level where a violation will aim at the 1.1100 level. A break of here will... read more
GOLD: With the commodity rallying on Tuesday, further bullishness is likely. On the downside, support comes in at the 1,340.00 level where a break will turn attention to the 1,330.00 level. Further down, a cut through here will open the door for a move lower towards... read more
For the subject of this week’s article, I thought that I would take the time to explore the thought process behind most trading decisions we make during our FX speculating. As you may already know if you have read previous articles written by myself or my colleagues,... read more
GOLD: With the commodity rejecting higher prices the past week, a move higher on correction is envisaged. On the downside, support comes in at the 1,310.00 level where a break will turn attention to the 1,300.00 level. Further down, a cut through here will open the... read more
Marcos was a profitable trader, but knew he could do better both with his trades and his trading psychology. He found himself making money on good trades, but frequently giving it back on others, or leaving too much profit on the table. To address his inconsistencies,... read more
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