Azeez Mustapha

TREND FOLLOWING IT IS! “The trending market is an ideal market to trade and make money. What trend following is not is prediction or forecasting about how the markets will go. Trend following is based on reacting to price, price and again, price. It is not based on trying to predict price directions.” – Michael […]

In spite of the bearish correction it is currently experiencing, Google shares (NASDAQ:GOOG) are expected to become dearer this year. Buyers will therefore, do well by following the example of the bull. A horse follows the example of the one put before it in a race. The scenario on Google is bullish for this year. […]

Facebook shares (NASDAQ:FB) will go in certain northward bias this year, as explained below. The effort of gloomy forecasters and sellers will be frustrated, as the bull remains unshaken. The sturdy stump does not shake. Whoever tries to shake the sturdy stump will end up shaking himself. The major trend is now bullish: a single […]

EURUSD Primary trend: Bullish The pair moved up by more than 300 pips last week (January 7 – 11, 2013). All technical indicators that are put on this chart shows bullish confirmation pattern. The bullish scenario is expected to continue this week. Though there could be some pullbacks in the near-term, the next price target […]

CHFJPY: SELL In the past few weeks, the CHFJPY cross was in an overall bullish mode. Just above the price zone of 95.50, and before the price could get to the supply zone of 96.00, further bullish bias was rejected. From this phase, the price nosedived by around 150 pips (though not without some intermittent […]

Barclays shares (LSE:BARC) are in a bullish mode, and will continue as such. Along the way, bulls will make mincemeat of bears. When it comes to this, bulls are not nice. They got a bad mind against the bears. The toad says he has a bad mind; who will see his rough skin and not […]

Lloyd’s stock (LSE:LLOY) has been experiencing a good rally in recent times. Below is what is expected of the price movement for the most of this year. On the chart, 4 Exponential Moving Averages are used. They are EMAs 10, 20, 50 and 200 (the color that stands for each EMA is indicated at the […]

EURUSD Primary trend: Bullish The EURUSD has been in a moderate bullish mode – save for the last bearish week (December 31, 2012 – January 4, 2013). Really the moderate bullish outlook still has much room to go, but there would be some serious short-term and medium term pullbacks along the way. These pullbacks could […]

Mark Joseph Carney is an economic giant who’s now constantly making headlines. Even his critics can’t deny his achievements. Meet the Economic Giant Mark was born in March 16, 1965. He was educated at Francis Xavier High School in Edmonton, Harvard University, St Peter’s College, Oxford and, Nuffield College, Oxford (bagging a PhD in economics […]

EURGBP: SELL There is a Bearish Confirmation Pattern on the EURGBP chart as this analysis shows. 2 indicators are used (coupled with price action): the Simple Moving Average (SMA) period 21 and the Relative Strength Index (RSI) period 20. The price had been going upwards until the last week. The horizontal red line at the […]