All Blogs
The NZD/USD pair fell hard during the course of the week, breaking below the 0.87 handle. There is a significant amount of support below though, so we are not necessarily excited about shorting at this point...
The largest Brazilian broker XP Investimentos is holding its first trading championship - Campeonato de Traders 1ª Edição. The event is arranged with the help of MetaQuotes Software Corp. XP Investimentos has recently started offering MetaTrader 5 trading platform to 80 000 of their clients...
The Dow Jones 30 rose during the course of the week as you can see, moving to the 17,000 area. This area is resisting, so we would believe that a move above 17,000 on a daily close would be enough to get the longer-term traders involved as well...
The S&P 500 rose during the course of the week, breaking out to a fresh new high. Because of this, we are very bullish of the S&P 500 and believe that we will eventually hit our longer-term target of 2000...
Gold markets fell during the course of the week, testing the $1300 level. This market bounce from there, but the candle was in exactly supportive enough to get us too excited about buying. We certainly wouldn’t sell though, as the market certainly has support underneath that level as well...
The NASDAQ rose during the course of the week, using the 4300 level as work. We closed at the very top of the range, and although you could make an argument for a “double top”, we feel that the market has enough momentum underneath to continue going higher...
The silver markets fell during the course of the week, as the market formed a red candle for the first time in over a month. That being the case, the market looks like it could pull back a little bit, but would find significant support at the $20 handle...
The Nikkei initially fell during the course of the week, but found the ¥15,000 level to be supportive enough to push the market higher. We broke above the ¥15,200 level, an area that we had pointed out as resistance previously...
The S&P 500 pulled back initially during the week, but found significant support just below the 1960 level...
Fundamental Forecast for Australian Dollar: Bearish RBA Minutes Spark Renewed Deterioration in RBA Policy Expectations Aussie Dollar Weakness Likely as Post-FOMC Price Action is Unwound The Australian Dollar stumbled after three consecutive weeks of gains, failing to mount a sustained push above...
EURCAD starts week trading at R3 Resistance Range targets sit at 1.4485, S3 pivot support The EURCAD has begun the week, trading near short term R3 resistance...
GDP is one economic model among several that could serve the purpose, but its use conveniently leads to policies that reflect the thinking of a particular school of economic monetary and fiscal policy advocates...
In 2009, high frequency trading was estimated to have accounted for 61% of all U.S. equity market volume. That was an all–time high. But today, it looks like that is no longer the case. In fact, some estimates claim that 2014 will be one of the quietest years for high frequency trading...
As I already started the topic of films about trading, I would like to continue the tendency with the first part of my list of movies about traders and brokers, which you might find interesting to check out: 1. Rollover (1981) is a political and financial thriller directed by Alan J...
Analysis for July 21st, 2014 DJIA Index Possibly, Index is reversing. Earlier price formed skewed triangle pattern inside wave (4) and then completed the fifth one. Probably, after local correction, instrument may continue falling down inside wave (A...
The NASDAQ initially fell during the course of the week, but found enough support at the 4350 level to turn things back around and have a nice bounce. This bounce cents the market high enough to form a significant hammer, which happens to be on the aforementioned 4350 level...
As a beginning trader, you would want to grab the opportunity to earn lots of money and of course, start a trading career in Forex. The Forex market is the largest and the most liquid financial market in the world...
Fundamental Forecast for Gold: Bullish Gold Pullback May Prove Short-lived, Copper Looks To China Data What To Make of Gold’s Bullish Move Gold price are sharply higher on the week with the precious metal up nearly 3% to trade at $1315 ahead of the New York close on Friday...
