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How To Hone Your Trading Talents With Hard Work and Skill Building

“Talent is cheaper than table salt. What separates the talented individual from the successful one is a lot of hard work.”― Stephen King In the world of sports, talent is a great thing to have. It often sets the tone for an awesome career, but only if you also work hard. You’ll often hear sports announcers commenting on the “athletic ability” or the

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EURJPY Looks To Put In Temporary Bottom

EURJPY: With price rejection now seen, the pair looks to put in temporary bottom. Unless the pair returns below the 128.26 level, we think a corrective recovery should occur. On the downside, support comes in at the 129.00 level where a break will aim at the 128.50 level. A turn below here will target the 128.00 level with a breach turning focus to

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USDJPY Sees Further Price Extension

USDJPY: The pair sold off further on Monday and followed through lower during early trading on Tuesday. This development leaves risk of more weakness on the cards. However, beware of a correction. On the downside, support comes in at the 115.00 level where a break if seen will aim at the 114.50 level. A cut through here will turn focus to the 114.00

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GBPUSD Looks To Weaken More On Bearishness

GBPUSD: Having declined on further weakness during Monday trading session, GBPUSD looks to weaken more on bearishness. On the downside, support lies at the 1.4350 level where a break will turn attention to the 1.4300 level. Further down, support lies at the 1.4250 level. Below here will set the stage for more weakness towards the 1.4200 level. Its daily RSI is bearish and

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CRUDE OIL Looks To Weaken Further

CRUDE OIL: The commodity continues to hold on to its downside pressure leaving risk of more strength on the cards. On the downside, support resides at the 30.00 level where a break will expose the 29.00 level. A cut through here will set the stage for a run at the 28.00 level. Further down, support resides at the 27.00 level. Its daily RSI

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EURUSD: Looks To Pullback Ahead Of Key Resistance

EURUSD: With EUR pulling back (see daily chart) ahead of its key resistance following its rally above its declining trendline the past week, EURUSD looks to pullback ahead of key resistance. On the downside, support is located at the 1.1100 level and if violated, expect more weakness to happen towards the 1.1050 level. Further down, support lies at the 1.1000 level where a

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EURGBP: Recovering With Caution Ahead Of Key Resistance

EURGBP- With the cross closing strongly higher the past week, further bullishness is likely. However, with price hesitation seen on Friday (daily chart) ahead of its key resistance at 0.7741/55 zone, it should face pullback threats in the new week. Support comes in at 0.7640 level. Further down, support lies at the 0.7600 level where a violation will turn focus to the 0.7550

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Train Your Mind To Power Your Trade For You

This week’s article focuses on how you can train your mind to power your trade for you. One of the things that comes up often from books and market gurus is the notion that a trader must become a robot. Perhaps you’ve come across this adage as well. Unfortunately, it is not true nor is it possible. When you think of robots, what

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