Where will Dow Jones stop?!

Categories: Daily Technical Analysis Tips and Picks

Hi Traders, another week, another surprise. Or maybe it is not a surprise after all for some of you. Lately, there has been these 5 words that have got investors and traders got caught unawares, these words are “the market is bottoming out”! OMG, what? Are they out of their minds? Or maybe it is […]

Hi Traders, another week, another surprise. Or maybe it is not a surprise after all for some of you. Lately, there has been these 5 words that have got investors and traders got caught unawares, these words are "the market is bottoming out"! OMG, what? Are they out of their minds? Or maybe it is a spoof to encourage investors or traders to put money into the financial system to bail themselves out, have you thought of that? Lately, the fall of ... Read More

Gold holding or not?

Categories: Daily Technical Analysis Tips and Picks

Hi Traders, have you seen the gold price lately? I hope that will not give you a heart attack. I have wrote previously that the $771 is a very very important support, if gold price ever break this support it will be a gone case. But let me shine some light in this gloomy picture. […]

Hi Traders, have you seen the gold price lately? I hope that will not give you a heart attack. I have wrote previously that the $771 is a very very important support, if gold price ever break this support it will be a gone case. But let me shine some light in this gloomy picture. Let us now pull out the Weekly chart of gold price.... I see a Butterfly pattern, this butterfly chart pattern is a price reversal  chart pattern, which means ... Read More

EUR/AUD Head and Shoulders pattern

Categories: Daily Technical Analysis Tips and Picks

Hi Traders, hope you guys are trading correctly, do not rely heavily on indicators, trade with discretion and price action tells you the whole story. If you are not having any success in trading forex lately, I suggest you go and read my 78 Essential Forex Strategies, or read my previous posts and have a […]

Hi Traders, hope you guys are trading correctly, do not rely heavily on indicators, trade with discretion and price action tells you the whole story. If you are not having any success in trading forex lately, I suggest you go and read my 78 Essential Forex Strategies, or read my previous posts and have a feel of how I trade the forex markets. I am not saying that I am the only one that trades correcty, what I am saying is that ... Read More

Gold price free fall!

Categories: Daily Technical Analysis Tips and Picks

Hi Traders, have you been shocked at the recent free fall of gold price?! It is really too fast too furious. The selling off of gold is too extreme, it may mean that investors are lacking interest in Gold. Another reason for this fall of the gold price is the recent rise of the Dollar. […]

Hi Traders, have you been shocked at the recent free fall of gold price?! It is really too fast too furious. The selling off of gold is too extreme, it may mean that investors are lacking interest in Gold. Another reason for this fall of the gold price is the recent rise of the Dollar. Gold investors are just shunning gold itself, even with the rise of oil price due to the fighting between Georgia and Russia, has not hold up gold ... Read More

Buy Gold? rally or just bull?

Categories: Daily Technical Analysis Tips and Picks

Hi Traders, here’s another gold story. And oh, if you missed my gold trading signals I told everyone to sell on $960 and $990, go back to my previous posts to see how it is possible to trade gold using technical analysis. Is it the time to buy gold again? Let’s see the daily gold […]

Hi Traders, here's another gold story. And oh, if you missed my gold trading signals I told everyone to sell on $960 and $990, go back to my previous posts to see how it is possible to trade gold using technical analysis. Is it the time to buy gold again? Let's see the daily gold chart..... Did you see a Head and Shoulders pattern? Yes, it is the Head and Shoulders reversal pattern! To complete the formation (and I think it is going ... Read More

Dow Jones going to rally?

Categories: Daily Technical Analysis Tips and Picks

Hi Traders, have you seen the Dow Jones lately? Well just as I have wrote on my previous post, the Dow Jones formed a Head and Shoulders pattern on the weekly chart. And now, looks what has happened? Let’s take a look at the Dow Jones weekly chart…..

See what happens? The Dow Jones Index has […]

Hi Traders, have you seen the Dow Jones lately? Well just as I have wrote on my previous post, the Dow Jones formed a Head and Shoulders pattern on the weekly chart. And now, looks what has happened? Let's take a look at the Dow Jones weekly chart..... See what happens? The Dow Jones Index has completed it's Head and Shoulders formation, it is finished, it is done!!! So what's next? Is the Dow Jones going to rally? As traders, you will notice ... Read More