By ForexAlerts.ca
The following is a recap of our call on the EUR/USD pair and how we recommended subscribers to trade. This morning the EUR/USD traded up past our range of 1.29942 (seen below) which is were we felt would be a solid short entry. We closed that trade via twitter this morning at 9:30am for a PL: +141 pips profit
By Jeff Pierce
Both of these index charts could pullback to green moving average (68) and remain in a very strong uptrend. I'm not suggesting that is going to happen as the correction could just as easily be that of a sideways nature, but the markets will have to digest these gains one way or another.
By Jeff Pierce
Below are 3 stocks that popped up on my momentum scans yesterday that you may be interested in if you trade breakouts. I especially like EGLE as it's an earnings move that had a massive gain. This will likely be higher 4-6 weeks from today.
By Jeff Pierce
As a follow up to the post the other day about Japanese stocks and their insane push higher, below are some stocks from that region that are truly overbought with many going up over 100% in the past 6 months. These could be ones to look at once they have some sort of correction.
By Jeff Pierce
Since November lows the Nikkei has risen 6k points vs 2500 on the Dow. Yes I think the markets are overheated and due for a pullback, but it's not a given so be careful to not let any trading bias dictate your plan.