Technical analysts gain from market volatility

Technical Analysis Technical analysts have seen several clear-cut opportunities to enter the market over the past two trading days as several currency pairs and commodities approach significant resistance levels. Classic reversal patterns has successfully played out in ...

Trading Greek Composite Index: April 2011

Stock Charts Predicting that Greek stock market will bounce off the Fibonacci level 3 days ago was verified by an important reversal candlestick pattern in the Greek composite index’ daily chart. Today the index opened with a gap indicating a strong reversal, while ...

Trading Inside an Open Trade

Forex Charts I posted earlier about my profitable EUR/USD trade but that didn’t stop me from continuing trading the forex market. Once again I opted to short sell the same currency pair at a major resistance level, only this time I traded 2 lots instead of 3 in ...
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Making Money Trading EUR/USD in 20 Minutes

Forex Charts This morning I traded the forex market making $350 in 20 minutes, while I am still short half a lot, in case EUR/USD currency pair breaks below the daily S1 pivot point. This trade is a fine example why we need to pay attention to important support and ...

Hellenic Telecommunications to Resume Uptrend?

Stock Picks HTO stock has retraced to crucial support levels indicating a possible uptrend resume for a 20% or more climb over the next weeks. Trading Greek stocks may sound dangerous nowadays but Hellenic Telecommunications Organization (OTE in Greek) shares could ...

AA, INTC and IR Stock Picks after Christmas

Stock Picks Most of my stock trading picks today are short selling picks, since stock prices have reached important resistance levels in the weekly graphs. Daily stock graphs can then be used to pinpoint more detailed levels, which will lead to excellent entry points. ...

3 US Stock Picks for Long Term Trading

Stock Picks My three US stock picks today come from the real estate, retail and healthcare industries. I am looking for stock prices close to major support or resistance levels, either bouncing off or penetrating them. Fibonacci retracements and extensions are also ...

3 Money Making Stock Picks this Week

Stock Picks On Sunday I picked three S&P 500 stocks for the current week and I am delighted that all 3 stocks performed as predicted if not better! SPLS and NYT stocks all gained about $1 per share while SNDK stock proved to be an excellent stock pick, winning ...

Facebook New Email System Pushed Google Stock Price 7% Down

Stock News Facebook Messages, the new email system Mark Zuckerberg announced a couple of days ago, was considered as a threat to Google’s Gmail right from the beginning of the rumors and Google stock declined from $630 to almost $580 the past week. As the stock ...

EUR/USD forex chart: Resistance level at 1.3025

Forex Charts Euro is trending upwards the last month and is now challenging the previous 3-month high at 1.3025. However a major resistance level is to be verified at 1.3250, which was the resistance level when EUR/USD was dropping fast in the first months of 2010. ...
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