I like to think of myself as open-minded, I try to not to let my pre-existing biases get in the way of learning new things and new ideas. But I also like to think of myself as a skeptic – unless someone can show evidence or proof that an idea is correct, I’ll have a hard time accepting it.So when […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereAugust Comex Gold futures closed lower on Friday after posting an inside move. This chart pattern tends to indicate investor indecision and impending volatility. This means traders should watch for an expanded range over the next couple of days.Daily August Comex GoldThe main trend turned down […]
Submitted by Charles Hugh-Smith of OfTwoMinds blog,The trade only works if everyone is lulled into staying on the long side until it’s too late.Let’s try a thought experiment: suppose we’re players in the stock market, Wall Street insiders with real leverage and connections to the Fed. You know, the kind of player who can reverse a decline in the S&P […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereOnce again, buyers came in to support the AUD/USD on weakness, leading to a slightly higher finish for the week. For the second straight week, short-sellers were forced to cover after failing to confirm the potentially bearish closing price reversal top from the week-ending July 4. […]
Stock Market Rally Gets Manic/DepressiveStock-Markets / Stock Markets 2014Jul 17, 2014 – 07:19 PM GMTBy: PhilStockWorldYou never know what you are going to wake up to in this market.This morning, the market is depressed, giving up all of yesterday’s gains in the Futures. So much so that we took a long poke on the Russell (/TF) Futures that we had […]
Stock Trading Alert: No Clear Short-Term Direction as Fed Tightening Fears Grow – Is This a Top or Just a Consolidation?By: Paul Rejczak | Thu, Jul 17, 2014SharePrintEmailStock Trading Alert originally published on July 17, 2014, 6:58 AM:Briefly: In our opinion, no speculative positions are justified.Our intraday outlook remains neutral, and our short-term outlook is neutral:Intraday (next 24 hours) outlook: […]
Stock Market Second Day of SellingStock-Markets / Stock Markets 2014Jul 09, 2014 – 12:02 PM GMTBy: PhilStockWorldCourtesy of Doug Short.Another day of no economic news coupled with fretting about Q2 earnings took its toll on the market. The S&P 500 opened in the shallow red at its intraday high and sold off to its -0.92% intraday low early in the […]
NOL is one of the MOST bearish mid cap stock that going on the downtrend Consistently, if follow our previous signal, you should have shorted this counter using CFD at around $1.00, the next level for Short entry will be at the break of 0.94 support. Once the support is successfully broken, the price fall might accelerate(Previously also like that). […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereAugust Comex Gold futures fell sharply on Thursday, following the release of stronger-than-expected U.S. Non-Farm Payrolls data. This news drove up U.S. interest rates, leading to stronger demand for the dollar and less demand for non-yielding gold.Early in the session, gold was under pressure after breaking […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereA series of fundamental events last week drove the AUD/USD sharply lower, forming a potentially bearish closing price reversal top on the weekly chart. The main trend is still up on the weekly chart, but this pattern is often associated with 2 to 3 week corrections.Weekly […]
