Over 20 years in trading
On May 31. I made an AUD/USD analysis and prediction of the possible next move in the market. Have a look how accurate my daily analysis was and please write how do you see this? I predicted a move on weekly chart and draw a detailed 4 steps move on daily chart, after wich the each one of them was accurate in
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Follow the LIVE results and vote counting on Bloomberg, cause this will be a long night. It’s a chaos in the markets in this moment, caused by the first results after wich the GBP/USD fell for 700 pips in a matter of minutes. These results are not relevant for now, but the difference is not small in favor of the
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The question is now!? Well, I think that William Shakespeare’s pharse best describes todays referendum on whether Britain stays or leaves the European Union. The pools are showing that there is not much difference in between the voters, but my view is that the ‘NO Brexit’ will win and that the Britain will stay the member of the EU. The possible
Read moreI wrote in my last article that I will try to catch a trade worth to risk in theese days of high volatility and here I am, already out with +633 pips and +55,8K euros trade, after only three days! I will try to describe this trade best I can, but as you can see in my chart, I have pointed
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Are you sure you want to trade in the next 7 days? You might think twice about it!? I hope you’re all aware that London is the number one in the financial world and how much the possible Brexit could impact the financial markets!? It’s possible that part of you are searching for the opportunity in the high volatility which the markets will provide
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On June 08. I made gold analysis and prediction of the next move and possible targets in the next few days. How accurate this analysis was, you can see on this chart step by step. All three steps/targets was predicted exactly with top price of the resistance area. At first 1265, the second step at 1287 and the last one today at
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Is there any chance from FED to hike today? Based on the latest terrible May employment report and following UK Brexit vote in June, the possibility of that action is very low. The market expectation from FED is to stand on hold until the meeting in July or September. That’s why the message from the FOMC could be that they expect to hike
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Have you ever imagined how the forex trading floor looks like and how the big players trades!? If you not, start to think about that now. Why? Well, soon as you realized how they trade, you will see the market clearer. Many of you asked me, why my analysis are so simple and how can I so easy and accurate predict some moves
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Mark D.Cook lost all his capital several times while learning to trade including one occasion when he lost more than his entire net worth! In 1982 he sold naked calls on Cities Service that expired deep in the money. His account dropped from $165,000 to a deficit of $350,000 in a matter of days. In that occasion he made a total
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On this picture looks like that the RBNZ Governor Wheeler is showing to us that the current rate of 2.25% is to high, right!? Well, I am kidding for that, but at the last decision to stay on hold from April 28., that solution of the possible rate cut was mentioned for June. Here we are, in about hour and
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The gold is marching upward since the last terible NFP data and it reached 1253 today, the H4/MA200. In my point of view, 1260/65 level will be very important for furder development here and if the bulls can manage to break that level, the road toward 1305/10 can be open again. It’s possible for that level to hold on the
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The worst NFP since September 2010 (+38K) and the US dollar is slammed in the market. EUR/USD is marching strongly upward and it has reached 1.1300 for now. It will be interesting to see where the pair will end the day after this terrible data!? 1.1320/50 could be the real test for the buyers and it could stop ‘the Europhoria’
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Nonfarm payrolls is an employment report released monthly, usually on the first Friday of every month, and heavily affects the US dollar, the bond market and the stock market. Total NFP payroll employment increased by 160K in April, much lower then an upward revised 208K from March, and lower then expected 202K. For May 2016. the market expectation is approximately at 164K, with forecast
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