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Azeez Mustapha

Weekly Trading Forecasts on Major Pairs (May 30 – June 3, 2016)

28 May 2016 @ 10:15
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Last week, EURUSD went downwards 110 pips, just as it was projected. There is a bearish signal in the market, which would cause its weakness to hold out, as long as USD is stronger than EUR. The pair would continue trudging south this week, […]
 

Ottavio Biondi: Trading with Powerful Strategies

26 May 2016 @ 08:53
WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 9 “As a trader, the brutal truth is that you only get paid for your results. There is no ‘time and a half’, or over-time rates. We live in a results economy, not a time economy, like people who have ‘jobs.’’ – Louise Bedford Name: […]
 

LGO Energy – Calm before Storm

25 May 2016 @ 15:27
LGO Energy stock (LSE:LGO) is in a tight equilibrium phase, which has been going on for the past several months. The price is quite choppy, zigzagging its way forwards, as long as the equilibrium phase lasts. In the chart, the price is currently between the Trendlines, and there would soon be a break out of […]
 

Angle PLC’s Bearishness Becomes Clearer

25 May 2016 @ 15:18
Angle PLC shares (LSE:AGL) are bearish at the present. From November 2015 to February 2015, the price was in a downtrend. In March 2016, the price rallied massively, only to get corrected lower in April. The bearish correction is still in force, and it has held out long enough to cause a bearish signal in […]
 

Daily analysis of major pairs for May 23, 2016

23 May 2016 @ 01:14
As it was forecasted, the USD/CHF was able to move upwards by 160 pips last week, closing above the support level at 0.9900. The next target should be the resistance level at 1.0000, which means a parity area for USD versus CHF. However, there is one challenge the bulls might face this week, and that […]
 

Weekly Trading Forecasts on Major Pairs (May 23 - 27, 2016)

21 May 2016 @ 11:52
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD went downwards last week, closing below the resistance line at 1.1250. There is a bearish bias on the market, and the support lines at 1.1150 and 1.1100 could be tested. The only thing that can make this happen is continuous stamina in USD […]
 

Should I Ditch My Trading Method? – Part 2

19 May 2016 @ 10:06
“Trading can be a matter of probabilities. Sometimes you’ll be at the right place at the right time; at other times you won’t. That’s all right. If you are consumed with perfection and finding the ultimate trading opportunity, you will often miss the trades that are right in front of your nose.” – Joe Ross […]
 

Blinkx – Is This a False Breakout?

18 May 2016 @ 11:41
Blinkx shares (LSE:BLNX) are experiencing what would rather be called a false breakout. The bullish breakout is in the context of a downtrend, and it can be a trap for the unwary buyers. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50, and 200. The color that stands for each […]
 

Strat Aero: A Falling Knife

18 May 2016 @ 11:20
Strat Aero stock (LSE:AERO) is really a falling knife, despite the current consolidation in the market. When there is a breakout in the market, it would be in favor of sellers, as shown in the price action below. The price has been trending downwards since December 2015 till now. This is a kind of market […]
 

Daily analysis of major pairs for May 16, 2016

15 May 2016 @ 21:28
The EURUSD went downwards last week – a movement that has generated a bearish signal in the 4-hour chart. As it was mentioned last week, the outlook on this pair is bearish and further southward movement is expected this week, which could make the price go towards the support lines at 1.1250 and 1.1200. EUR/USD: […]
 
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