dkbMARKETS is all about Enlightening & Mentoring Traders. This Trading & Investing blog was formed to give daily updates and advise on Dr Aderemi Banjoko's Day Trades, Swing trades and also other investments in the financial markets. This will hopefully assist you in learning the basic foundations of how to be successful in the Financial Markets (fixed income, stocks, commodities and currencies (FX).
Swing Trading Opportunities - EUR/USD
This is the 1Year Daily Chart for EUR/USD
The market has been trending sideways since May 2011. Still waiting for market direction. There are currently no swing trading opportunities due to the fact the MA50 is sideways and the Fibonacci Retracement is within the sideways trend.
This is the 2Day 5Min Chart for GBP/USD The pending SELL order just below the Pivot point at 14771 was taken at 8.35am with a STOP loss of 20points and PROFIT limit of 60points in place. No further trading till after the economic reports.
This is the 2Day 5Min Chart for EUR/USD There are quite a few reports coming out from the Euro-zone today and also a meeting of the Euro-zone finance ministers. Trade with caution today. A pending BUY order has been placed just above the Pivot Point at 12936. There are no clear SELL opportunities.
This is the 2Day 5Min Chart for EUR/USD The Market is currently trending sideways. A pending SELL order has been placed just below the Market Support at 12952 and a pending BUY order just above R1 at 13010.