December 2014

Many ex- currency traders have had the unfortunate experience of having their trading account blown out by their tendencies to indulge in excessive risk taking. This sad fact underlines the need for appropriate position sizing, disciplined…
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Dow Jones: 17955 Equity demand Dow managed to hit zone of 18000-100 last week which provided good zone to re-short-sell market as long as market holding trades below 18100 will expect some drop pressure to start affecting market…
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GOLD 1187 Gold between deflation & Dollar hike market managed to activate more drop pressure over Gold after FOMC rate projections for rising interest rate next year while economic data from Europe and Japan showing slow down…
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Oil (G5) 53.15 Oil tumble after OPEC decision with no supply cut Oil prices sustain drop after OPEC meeting where countries agree that no supply cut action Market managed to add more drop pressure after the International Energy…
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USD/JPY: 119.77 Japanese Yen on uptrend wave Short-run market managed to obtain drop correction after testing resistance level of 120.80 , while market still holding trades above support 119.00-10 zone as long as market…
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GBP/USD: 1.5530 Pound on trading zone market still holding short-run trading zone for the end of this year market now facing resistance at 1.5685 and 1.5785 as long as market holding trades below 1.5825 the downtrend pressure…
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EUR/USD 1.2155 EURO on trading zone As we see over the chart, market still holding trades inside downtrend channel which still providing drop pressure over the pair Short-run market managed today to hit 1.2123 low while…
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Buy the rumor, sell the fact A somewhat counter intuitive aspect of financial markets, including the forex market, is that traders tend to react initially to rumors of an event, but then once the rumored event becomes a fact, the previous…
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Dow Jones: 17970 Equity demand Dow managed to hit zone of 18000-100 last week which provided good zone to re-short-sell market as long as market holding trades below 18100 will expect some drop pressure to start affecting market…
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GOLD 1193 Gold between deflation & Dollar hike market managed to activate more drop pressure over Gold after FOMC rate projections for rising interest rate next year while economic data from Europe and Japan showing slow down…
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