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Bitcoin Forecast — June 25th 2019

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the June 25th session. Bitcoin/USD — The Monday session was very strongly bullish for bitcoin, as it is now trading above the $11,000 level. This is seen as an important move, as the market has broken above the $10,000 level, which is psychologically important level as resistance. To the upside, the target is $12,000. The market has been parabolic and looks very overbought at the moment. […]

Gold Forecast — June 25th 2019

In this video, the Trader Guy looks at the commodity, gold for the June 25th session. Gold/USD — The market is now trading above the $1,400 level. The market opened on Monday session gapping higher. Do not expect to sell this market. But look for pullbacks and utilize them as buying opportunities. The dovish FOMC statement by the Fed from last week has weakened the greenback and strengthened gold. So, this market will remain […]

Daily Market News — June 25th 2019

In commodities, gold is looking bullish. Also, the safe haven currencies such as the yen and the franc are looking strong. The greenback remains bearish, caused by the dovish FOMC statement by the Fed from last week. The EUR/USD pair is looking bullish at the moment and has made a new 3-month highs. The resistance levels are 1.1477, 1.1540, and 1.1572. The support levels are 1.1375, 1.1312, and 1.1271. The USD/JPY pair is looking bearish and has […]

USD/MXN Forecast — June 24th 2019

In this video, the Trader Guy looks at the USD/MXN pair for the June 24th session. USD/MXN — The Friday session was bullish for this pair as it rallied nicely. The Thursday session was also bullish, as evident from the formation of the hammer candlestick on the daily chart. The 19.00 peso level looks supportive at the moment. However, the 50-day EMA above could offer resistance. To the upside, the 19.50 level is the target. To the downside, the 18.00 level looks […]

Gold Forecast — June 24th 2019

In this video, the Trader Guy looks at the commodity, gold for the June 24th session. Gold/USD — The Thursday and Friday session were very bullish for the gold market. The market made a very strong move to the upside, then fell back to give back some of the gains. This market looks parabolic at the moment. So, a pullback is necessary, and you should utilize pullbacks as buying opportunities. With the dovish FOMC statement from last week […]

Trend or Momentum Based Trading Strategy

In this video, you will learn a trading strategy of how to make use of trend and momentum to find high probable trading opportunities. This strategy makes use of Exponential Moving Average, Parabolic SAR, and Stochastic oscillator. You can use this strategy in trending situations in the market. You can also use it for scalping. It involves finding the market direction or trend using the EMA. Then take additional confirmation using […]

Daily Market News — June 24th 2019

In commodities, gold is looking bullish. The euro is also looking bullish. The greenback is bearish at the moment due to the dovish FOMC statement by the Fed last week. The EUR/USD pair is looking bullish at the moment and has reached a 3-month high. The resistance levels are 1.1397, 1.1477, and 1.1540. The support levels are 1.1312, 1.1271, and 1.1206. The USD/JPY pair is looking bearish, but the bearish momentum has slowed down at the moment, […]

Five Simple Tips to Avoid Trading Impulsively

In this video, you will learn about the five tips that will help you to avoid trading impulsively. It means acting irrationally and randomly entering into trades. Traders lose money whenever they are influenced by two emotions, fear and greed. So, here are the five tips. Use pending orders and not market orders. It is important to plan your trades in advance and don't just take […]

Cryptocurrency Exchanges Explained in One Minute

In this video, you will learn about cryptocurrency exchanges. These are basically platforms to connect buyers and sellers and charging them fees for these transactions. When you want to buy a cryptocurrency, then you use a credit card to fund the exchange, and buy from other users in the exchange who sell it. You can keep your cryptocurrency balance in the cryptocurrency exchange. Also, you can withdraw it to your crypto […]

EUR/USD and GBP/USD Forecast — June 21st 2019

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the June 21st session. EUR/USD — The dovish Fed caused the euro to rally on Thursday session. It looks like the market has found the bottom. However, you can expect sellers to arrive at the 1.1350 level. You have this "w" pattern on the daily chart. This market is range bound at the moment and it will be choppy. However, you […]

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