Again, we had an up TREND /
bullish market bias, a clear key LEVEL and then a clear pin bar buy SIGNAL formed in - line with the uptrend and the level.
Not exact matches
This is a low probability outcomes as the bulk of the consolidation activity takes place near the 2130 level and this suggests an overall
bullish bias to the
market.
Although the
bullish bias of the past two months has presented some great opportunities for momentum swing traders, no bull
market moves straight up without eventually undergoing substantial corrections along the way (just as bear
markets don't fall straight down for too long without large, counter-trend bounces).
Against this environment, our strategists remain
bullish on equities and continue to favor emerging
market currencies and, in the fixed income space, prefer local
markets over external debt and maintain their higher - yielding yet better - quality
bias.
Another great thing about the Forex
market is that you have more of a potential to profit in both rising and falling
markets due to the fact that there is no
market bias like the
bullish bias of stocks.
But when the
market bias is clearly bearish, we can choose to take
bullish bars as our setup bars.
Still, the underlying
bias was
bullish in this
market and certainly longer - term there was a clear up trend.
Bull
markets have a natural
bullish bias, so picking tops is a lot harder than picking bottoms.
Big rallies within bull
markets (as predicted by our model) have a
bullish bias.
We have a
bullish bias on this
market as we have discussed in recent commentaries and we will retain that view whilst price is above 1.3750 support.
This
market looks to be in an upward swing after finding support a few weeks back at 1.3750 area, as a result, we retain a
bullish bias above that 1.3750 level.
The U.S. stock
market is different from all other
markets in this respect: it has a natural long term
bullish bias (until the day aliens come and annihilate the U.S.).
When you think the
market will make a 5 % decline, there's a > 50 % chance that it will first rise 5 % before falling 5 % (thanks to the natural
bullish bias).
They don't allow the stock
market's natural
bullish bias to work for them.
The stock
market is different from forex and commodities: it has a natural long term
bullish bias.
One thing that I thought was very interesting when reading was Wall Street's
bullish bias and what this means for the
market.
As a result, most investors have a strong subconscious
bullish bias by the end of a bull
market.
The U.S. stock
market has a long term
bullish bias.
«Many of the factors that contribute to a
bullish bias can cause the financial
markets, especially the stock
market to become and remain overvalued.
For example, most stock
markets have a
bullish bias, this means traders tend to like the long side or upside of the
market more and as a result of this it is actually more difficult and generally requires more margin to sell short in a stock
market.
With the
bullish impulse wave still intact, this
market is still has a short - term
bullish bias which reduces the weight of bearish formations like a pin bar, or lower high until the impulse is negated.