The use of a stop may be considered at or below the pivot of 1318. Targets exist at 1330, 1336.50 and 1340.50. The safe haven appeal of Gold exists over U.S trade war uncertainty and Trump protectionism.

The NZD has been a favourite for a number of traders. We’ve seen some recent highs so traders and Sharon Zollner, Senior Economist, at ANZ are starting to question the strength of the NZD See here: Predictions

AUDUSD testing resistance at 0.7795. Possible trade, short AUDUSD, Take Profit at 0.7755 Stop Loss at 0.7815. 20 pips risk for 40 pips profit. This is general advice only which doesn't take into account

Non-farm Payrolls Non-farm Paryrolls is a huge market event this Friday night. If the actual data comes in lower than economists' estimates, forex traders will usually sell U.S. dollars in anticipation

RBA The RBA Interest Rate Decision and Statement is announced later today. There is an opportunity to straddle this market event. This is done by placing entry orders above and below the market price just

The NZDUSD is testing 0.722. If there is a strong bearish candle crossing 0.72 expect further downside with short-term target of 0.7185 & 0.7165. Alternatively there could be a retracement to the 0.7245

$15,000 That is the minimum. I see people starting with smaller accounts and making money, but this involves a larger amount of risk. The most successful traders have a longer-term focus. Making 5% a month

Put your ear to the ground to trade cryptos. The cryptomarket is moving according to market psychology. Litecoin is a great example of this. People flocked to that as an alternative to Bitcoin, in 5 days

On a one day chart, it gave off a great signal using Bollinger Bands and RSI. However, technicals sometimes need to be backed up with the fundamentals. Gold moves up when people want to protect their wealth,

This is what I keep hearing from people. There is an honest belief out there that all one needs to do, is buy some coins or tokens and hold (HODL is becoming a cliche) and eventually you'll make some money.

The image above is a one day chart for LTC. I've drawn triangles in yellow. Notice how after each triangle there is a strong bull run. This is interesting because usually, descending triangles are a bearish

The problems with Bitcoin stem from its core philosophy viz. decentralised and deflationary. I'm less confident on the long-term success of Bitcoin, in the article below I'd like to point out the main

The word asset gets used differently in different circles. If you want to be financially independent, then you should use the following definition. An asset is something which generates income or at the

Figure 1: Testing Support Litecoin has been the steadiest and most predictable cryptocurrency during 2017. Have a look at Figure 2 below. Figure 2: Litecoin's Rise Since April, there has been a clear bullish

I was hopeful BTC was trading sideways but after the recent drop, it is clear we are in a downward channel. The chart above is a one-hour candlestick. It might take something more than just market psychology

You can see BTC is trading sideways, with movement between $3800 and $4100. At the time of writing, the support line was being tested viz. $3800. Any bulls should look to buy here and there may be some

LTC is currently trading at around $51 depending on which exchange you're on. My prediction based, on technical analysis, is a strong buy. The chart above is a one-day candlestick. You can see three bullish

Roger Ver was on Bloomberg this morning (AEST) and he needs to get a PR rep. His opening was a rant about how we can't trust politicians, which is fair enough, but the way he delivered his comments reminded

I have some open trades with LTC and ETH which are currently in profit after buying the dip. I'm thinking about closing the ETH and opening LTC because of the potential returns. Let's look at the one-day

I bought some BTC using Western Union today, don't ask me why I was bothering with them, I wouldn't use them if I could avoid it. But the WU transaction went through quicker than the BTC one. I'm not going