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Weekly Trading Forecasts on Major Pairs (April 14 - 18, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair rejected the recent southward pull on it, trended upwards and resulted in a confirmed bullish bias. From the support line at 1.3700, this...

Weekly Trading Forecasts on Major Pairs (April 7 - 11, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The pair has remained bearish recently, going downwards slowly and steadily. There is a Bearish Confirmation Pattern in the chart, and with the...

Weekly Trading Forecasts on Major Pairs (March 31 – April 4, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This is a bear market: the Euro weakness is clearly noticeable. With the Bearish Confirmation Pattern in the market, it is normally expected that...

When Fundamental Analysis Fails “Everyone is following the economy, but I’m following the market.” – Joe Granville There are those who invest successfully using only fundamental figures, and there those who successfully trade using only technical analysis. There are those who...

Weekly Trading Forecasts on Major Pairs (March 24 - 28, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish It should be noted that the surge of strength in the Greenback has resulted in new dominant biases in the markets. This pair has been forced to show a...

Important Questions Traders Should Ask Themselves “Only execute the trade when the chart matches your plan, if it doesn’t – no trade.” - Gavin Knoesen Intelligent speculation includes some salient aspects like opening of trades, trade management, emotions control and strategy...

Weekly Trading Forecasts on Major Pairs (March 17 - 21, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair is a bull market irrespective of the recent pullback on it. The pullback is just a good opportunity to go long when the price is on sale and in...

Weekly Trading Forecasts on Major Pairs (March 10 - 14, 2014) Here’s the market outlook for this week: EURUSD Dominant bias: Bullish The weakness in the USD and the stamina in the EUR have caused the price of the EURUSD to result in a Bullish Confirmation Pattern. The price would...

Weekly Trading Forecasts on Major Pairs (March 3 – 7, 2014) Here’s the market outlook for this week: EURUSD Dominant bias: Bullish The recently precarious bullish bias on this pair is now established – as a result of a new lease of stamina in the Euro. The Bullish Confirmation Pattern in...

Dedicate Yourself to Trading Success AN INSIGHT INTO THE MERITS OF TRADING “Trade as professionally as you can.” – Mebane Faber Successful trading is possible, but it requires dedication. You need to commit yourself to learning how to be the best trader you can be. Commit yourself to...

Weekly Trading Forecasts on Major Pairs (February 24 - 28, 2014) Here’s the market outlook for this week: EURUSD Dominant bias: Bullish The outlook on this pair remains bullish unless the price crosses the support line at 1.3650 to the downside. Right now, the price action looks like a clean...

The Surest Bet You Could Ever Make in the Markets “The simplest trades are usually the best ones.” – Michael Hewson There are no guarantees in the markets, but there are certain things you can do that would ensure your continuous victory. Interestingly, there’s also one bet you can...

Weekly Trading Forecasts on Major Pairs (February 17 - 21, 2014) The reversals that started recently have succeeded in establishing themselves as new biases. The new biases are supposed to continue. EURUSD Dominant bias: Bullish The reversals that started recently have succeeded in...

Weekly Trading Forecasts on Major Pairs (February 10 - 14, 2014) There have been significant reversals that threaten the major biases in the markets. However, for the reversals to be confirmed as established biases, they would need to hold out for a few more days; otherwise they would be termed...

Weekly Trading Forecasts on Major Pairs (February 3 - 7, 2014) The new lease of energy in the Greenback has resulted in the weakness of the EURUSD and the strength of the USDCHF. The also has had impact on other major pairs, resulting in near violation of major biases in certain cases. The...

Who Should Be Your Trading Mentor? Experienced trading mentors have groomed successful traders over the years. While some frown on the idea of mentioning mentors, it’d be necessary to say that the writer of this article would’ve quit the trading world many years ago when things became so...

Weekly Trading Forecasts on Major Pairs (January 27 – 21, 2014) There have been interesting developments in the markets as currency trading instruments experience significant reversals. For example, the EURJPY was able to break out in the direction of the bears, after some protracted...

“It is so important in the training for trading to do the right things from the very beginning.” – Norman Welz I recently met someone who doesn’t even know how to trade Forex, though he’d heard the word ‘Forex.’ We were chatting together and he, interestingly, said that when...

Weekly Trading Forecasts on Major Pairs (January 20 – 24, 2014) For a few weeks, the EURJPY has been experiencing limited bullish energy. Since the overall bias is bearish, it looks sensible to seek ways to go short when the price rallies, at least, to make allowances for the huge upswings...

Selling the Rallies and Buying the Dips in Direction of Dominant Biases “All you can do in the end is do your best, and keep building up your trading skills. If you keep trying to excel, but stay realistic, you'll eventually achieve lasting success.” – Joe Ross In a recent article...