Azeez Mustapha

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The outlook on this market remains bearish. Price made serious bullish attempts, reaching the resistance line at 1.1400 and then consolidated till the end of last week; all in the context of a downtrend. This week, the downward trend can continue, enabling price to […]

LEARN FROM THE GENERALS OF THE MARKETS – PART 59 “To me, the freedom to be able to work when and where I want to is even more important than the money. This freedom is, of course, easy to attain by working as a trader.” – Ruediger Born Daniel S. Loeb was born in December […]

AUDJPY = Buy AUDUSD = Buy EURAUD = Sell AUDCAD = Buy AUDCHF = Buy GBPAUD = Sell AUDNZD = Buy NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]

The price movement on Yahoo! is nearly similar to the price movement on Ebay (NASDAQ:EBAY). The price of the shares was bullish for the most part of the year 2014 and it consolidated around the end of that year. In January 2015, there was a transient plunge in the market, which was ended abruptly as […]

Yahoo stock (NASDAG:YHOO) is a ‘buy’ for this year. The stock was bullish last year, though it consolidated during the last month of the last year. The stock traded downwards a little bit this month, but there has now been a clean upward breakout – which could signify the beginning of a long-term bullish run. […]

The EUR/USD is now one of the weakest of the popular pairs and crosses. Since January 2, 2015, the price has fallen by roughly 900 pips. There was a massive drop in the market last week, enabling the price to drop below the support line at 1.1150. Although the price bounced upwards after that, the […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The EUR is now one of the weakest currencies among popular currencies, having dropped by roughly 900 pips since the beginning of this year. The support line at 1.1150 has already been tested and it would be tested again (it can even be breached […]

FTSE 100 stock (FTSE:UKX) is currently an upbeat market and this may be the beginning of a long-term bullish outlook. The last year was characterized by large pullbacks, followed by large upswings. In the chart, 4 EMAs are used and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA […]

Annual Trading Forecast on IBM (2015) IBM shares (NYSE:IBM) are weak. The downtrend has been going on since last year. In the past several months, the price consolidated tightly, and now it has broken further downwards, poised to move further south. The price has broken out below the lower Trendline, as the RSI period 14 […]

USDJPY = Buy AUDJPY = Buy CADJPY = Buy CHFJPY = * EURJPY = Buy GBPJPY = Buy NZDJPY = Buy NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]