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Azeez Mustapha

A Buying Opportunity of a Lifetime on TXO!

09 Jul 2013 @ 08:00
Albeit the current bias on TXO stock (LSE:TXO) is bearish, the bias is expected to vanish sooner or later, as the stock resumes a long-term upward journey. This is indeed a buying opportunity of a lifetime! Even, should the stock trend further lower, the movement is going to be transitory, for it would merely give […]
 

Medusa Mining Shares Are Expected To Fall Further

09 Jul 2013 @ 07:44
Medusa Mining shares (LSE:MML) are bound to continue falling further as the reality on the chart indicates. At the time of writing this forecast, the price was trading at 92.5, and it may fall further towards the support levels of 91.000 and 90.00 respectively. Historically, any upward surge in the price has invariably been a […]
 

Weekly Trading Forecasts (July 8 – 12, 2013)

08 Jul 2013 @ 01:51
In the previous week, the dominant biases in the markets have proven to be valid (even till now). It can be seen that the consolidations and reversals that happened on major pairs and crosses were short-term in nature; as the respective instruments have continued in the direction of the major biases. The USD and the […]
 

Weekly Thoughts of a Trading Maverick – July 8, 2013

06 Jul 2013 @ 19:19
It’s amazing that many people have begun to realize that making money may be easy, but keeping it is not. Ironically, successful trading depends on great extent, on our mental conditions while our markets orders are still open. Could someone please help make a list of all the lands on this planet which have banned […]
 

How Much Is Needed To Open A Forex Trading Account?

05 Jul 2013 @ 11:51
The question above, as commonplace as it seems, is still asked by many people who’re interested in Forex trading. How much do you need to invest for optimal returns? How much is needed for full-time or part-time trading? This piece is my take on the subject. In one of his past articles, the world-famous Dr. […]
 

Leni Gas: Sell Down to 0.2

04 Jul 2013 @ 06:32
In the past several months, Leni Gas stock (LSE:LGO) has been a bear market. The bullish attempts that happened in April and May, 2013, proved to be futile, for it merely happened to be a rally in the context of a downtrend. On the chart, the price went below the EMA 21 last month, and […]
 

Summit Corp Rejects Further Bearish Threats

04 Jul 2013 @ 06:20
In the months of May and June, 2013, Summit Corps shares (LSE:SUMM) succeeded in rejecting further bearish threats in the market, hence the currently new Bullish Confirmation Pattern on the chart. It looks sensible to seek long trades now. The cause of the Bullish Confirmation Pattern are the price action (the price has jumped upwards […]
 

Weekly Trading Forecasts (July 1 – 5, 2013)

01 Jul 2013 @ 08:33
It is well-known that events move the markets, and that what relevant personalities say (for example, central bank governors/presidents) have short-term or long-term impacts on the markets. This remains a fact, and it has affected the markets in recent times. Looking at the popular currency instruments, they have continued to go in the direction of […]
 

Weekly Thoughts of a Trading Maverick – June 29, 2013

29 Jun 2013 @ 06:26
Being super sure of your trading setup is also not a guarantee that the trade would go in your favor. In addition, you sometimes make money fast and you make money slowly. Sometimes, you stay on the defensive for a long time, no matter how good your trading may be. EURUSD isn’t the best pair […]
 

William Eckhardt: The Oracle of Chicago

28 Jun 2013 @ 16:49
LEARN FROM GENERALS OF THE MARKETS – PART 31 “If you want to get rich, just find someone making lots of money and copy what he’s doing.” – J. Paul Getty William Eckhardt started his career in 1974, which was 4 years after his doctoral studies experience at the University of Chicago (he failed to […]
 
 
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