Month: May 2016

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What is deemed a good analyst?

What is deemed a good analyst?

Logged in to terminal to start my trading day and saw this news which really did not surprise me. ”                           Every Stock Was a Buy to This Analyst Team,                                                     Then Shares Tanked So whose fault is this? The analyst or its clients? The world nowadays is accustomed to instantaneous results and the frequent…

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Trading a football club

Trading a football club

I have been a long time supporter of Manchester United. Being one of the richest club on this planet, you can’t get away from being scrutinized often. Recently the shares received a boost when it managed to snag one of the best managers of the game in a form of Jose Mourinho. The announcement alone…

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Preparing to short Crude Oil

Preparing to short Crude Oil

Crude oil is trading near its seven month high at 48.56. Based on previous price action, price should halt here for now. I would be preparing to short the Crude Oil if I see any weakness in price at 48.56. If 48.56 fails to defend the rise, the next resistance is 50.73. Stay tuned.  …

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Gold trading levels

Gold trading levels

Gold has recovered a lot since its 1050 support level. Currently Gold is trading in a very clear WAWS level of 1259.74-1288.72. Before this gold was trading for 2 weeks in the 1216.03 – 1259.74 level. With every single new high the gold makes, I detect a lack of bullish momentum. Currently the 1288.72 is…

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Will May Effect come in 2016?

Will May Effect come in 2016?

Have you heard of the phrase “Sell in May and Go Away”? It has been used by many season traders and some managed to make this into a wonderful strategy. One of the strategies is the Best 6 months strategy. The strategy goes like this, you invest in the Dow Jones Industrial Average from November…

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Take Profit BUY GBPJPY

Take Profit BUY GBPJPY

Another trading signal issued by Justin on 7:18 am to buy GBPJPY. 5 hours later… Traders in our “Piptree Discussion Group” shouted TP! TP! TP!…       Again, Piptree signal is issued to prove to our students that our method is ROCK SOLID, Justin Khoo does not believe in talking about past results due to the…

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Post Labour Day surprise from Glenn Stevens

Post Labour Day surprise from Glenn Stevens

Australia?s central bank cut interest rates to a fresh record low at 1.75 basis points as it moves to counter the emergence of disinflation that?s swept the developed world. Reserve Bank of Australia Governor Glenn Stevens this morning reduced the?cash rate by 25 basis points as predicted by 12 of 27 economists surveyed. The Inflation…

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