Sergey Golubev / Blog
The Securities Exchange Commission (SEC) released a draft of its 2014 Strategic Plan for public comment. The plan is technical, but the motivation is straightforward: increase investor confidence in our markets...
Think about it… If you had the worlds unfilled buy and sell orders in front of you at each price level in the markets you were trading, how simple would trading be...
Prices broke higher after oscillating in a narrow range for over a week, taking out resistance at 1321.64 marked by the 38.2% Fibonacci expansion. Buyers now aim to challenge the 50% level at 1346.78, with a further push above that eyeing the 61.8% Fib at 1371.93...
Prices remain in consolidation mode below resistance at 106.74, the 23.6% Fibonacci expansion.A daily close above this barrier initially targets the 38.2% level at 108.04. Alternatively, a reversal below support in the 104.84-105...
The S&P 500 initially fell during the course of the week, but found enough support at the 1945 level to turn things back around and form a nice-looking hammer. This hammer of course suggests that the market is going to go higher, on a break above the top of the range...
I just finished reading Mark Cuban's Idiot's Guide to High Frequency Trading. The title is half accurate - it's certainly idiocy, though it's by no means a guide...
I'm a former high frequency trader. And following the tradition of G.H. Hardy, I feel the need to make an apology for my former profession...
EUR/USD: Wave (B) ended at 1.5145 and wave I of (C) ended at 1.1876 As the single currency has continued to edge higher after holding above support at 1.3564, retaining our view that further consolidation above this level would be seen and another corrective bounce to 1.3677 and possibly 1...
EURUSD Price finally broke out of its 16 day range. The next question is whether price can extend itself into higher levels and Fibonacci targets before making a retracement (below red and orange...