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Azeez Mustapha

Weekly Trading Forecasts on Major Pairs (April 27 – May 1, 2015)

25 Apr 2015 @ 10:18
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish Within the first few trading days of the last week, this pair moved in a tight range. On April 23, there was a breakout in favor of the bulls, enabling price to go above the support line at 1.0850. It is possible for the resistance lines at 1.0900 and 1.0950 to the tested. However, there is a good possibility that the pair...

Michelle Williams: A Famous Daughter of a Famous Trader

23 Apr 2015 @ 10:01
INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 3 “I was born with a fierce need for independence.” – Michelle Williams Name: Michelle Williams Date of birth: September 9, 1980 Nationality: American Profession: Actress Career Michelle is a popular actress, just as her dad, Larry Williams is a popular trader. Although, she’s best known as an actress, she also has pedigree of trading...

Angle Stock to Go South

21 Apr 2015 @ 20:31
Yes, in what seems to be a recent bullish outlook, Angle shares (LSE:AGL) are tumbling. Towards the end of the last year, the market came down, going further downwards in January 2015. In the same month, there was a crazy rally in the market – it was truly a roller coaster ride. Since February 2015, the market has been coming down gradually in spite of occasional bullish retracements. Now the...

Bulls Regret Buying African Potash

21 Apr 2015 @ 20:21
Africa Potash stock (LSE:AFPO) is a bear market; and the bulls regret buying the stock. For the past 6 months, the price has been trending downwards slowly and gradually. This is a bias that is expected to continue for the next several weeks and months. There are currently conflicting signals in the chart. Although the ADX period 14 is not above the level 20, the DM+ is clearly above the DM...

Daily analysis of major pairs for April 20, 2015

20 Apr 2015 @ 07:02
The Cable skyrocketed by 450 pips last week, rising from the accumulation territory at 1.4600 and testing the distribution territory at 1.5050. In spite of the shallow southward correction in the market, the outlook for the Cable this week is bright. The distribution territory at 1.5050 would be tested again and get breached to the upside, as the price reaches for another distribution...

Weekly Trading Forecasts on Major Pairs (April 20 - 24, 2015)

18 Apr 2015 @ 20:03
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair moved upwards by over 260 pips last week. The bullish journey began at the support line of 1.0550, and price is now above the support line at 1.0800. The next targets for the bulls are located at the resistance lines of 1.0900 and 1.1000, but there must be an ongoing buying pressure for these targets to be reached...

A Good Way to Trade My Signals

16 Apr 2015 @ 11:34
Some of those who’ve been following my signals might wonder how they can best trade those signals. It might be recommended that certain pairs, like EUR pairs or NZD pairs, be bought or sold on a particular day. Normally, you’re not expected to follow the signals blindly. You need to use your technical analysis to know when to enter, since you may want to trade a pair only after your entry...

What Is the Best Trading Approach to LGO Energy?

14 Apr 2015 @ 08:03
LGO stock (LSE:LGO) currently requires trading methods that work in bear markets, for the dominant bias is bearish. In spite of desperate effort from the bulls, the bias remains bearish. In the chart, 4 EMAs are used and they are EMAs 10, 20, 50, and 200. The color that stands for each EMA is shown on the top left side of the chart. The EMAs are sloping downwards, and the price is generally...

Bears Regret Selling UK Oil & Gas

14 Apr 2015 @ 07:55
UK Oil and Gas shares (LSE:UKOG) are now attractive to interested bulls, in spite of the current volatility in the market. In the last months of the year 2014 and the early months of the year 2015, the price consolidated. Some consolidation to the downside in the month of February 2015 could have led some bears to believe that they would make some gains by going short. This is an action they...

Daily analysis of major pairs for April 13, 2015

13 Apr 2015 @ 03:33
The EUR/JPY plunged by roughly 350 pips last week, as forecasted. The price reached a high of 131.29 and a low of 127.20. The outlook for this week is also bearish, as long as the EUR is weak. The next targets for the bears are located at the demand levels at 127.00 and 126.50. EUR/USD: This pair is very weak right now – owing to a deep weakness in the EUR and a deep strength in the USD. In...
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