23 Feb 2013 @ 21:46
NZDJPY: SELL There is now a bearish possibility on the NZDJPY exotic cross as a result of the analysis given here. On the chart, the EMA period 56 and the RSI period 14 are used. Since the beginning of this year, this cross had been trending upwards, accentuated by vivid higher highs and higher […]
22 Feb 2013 @ 09:25
LEARN FROM GENERALS OF THE MARKETS – PART 22 “I love my career and am always learning more about trading. I felt my passion for the industry and harnessed it with full commitment.” – Chris Cashman Sam Seiden, a trading genius, started his trading career on the floor of the Chicago Mercantile Exchange. Since 1991, he’s […]
19 Feb 2013 @ 10:15
What would be the major bias on IBM (
NYSE:IBM) for this year? The answer is given in the analysis below. The market, in recent months, has found it difficult to trend significantly upwards. And right now, it has assumed a bearish bias, following a gap-up that occurred in the month of January 2013. There is […]
19 Feb 2013 @ 10:05
What would be the eventual fate of the shares on StartMin Global (
LSE:STGR)? Would they go south or north? The expected outlook is explained below and would need a thorough plan to be followed. When initial trading plans are followed faithfully, gains normally result. On the chart above, 4 Exponential Moving Averages are used. They […]
18 Feb 2013 @ 20:42
Chariot Oil & Gas (
LSE:CHAR): Extended Base Below 30p Perhaps somewhat surprisingly, the most interest in the technical analysis of AIM stocks in recent weeks has not been in Gulf Keystone (
LSE:GKP) or Xcite Energy (
LSE:XEL), but actually Chariot Oil & Gas. True, the attraction here is that after the extended base since September […]
18 Feb 2013 @ 18:45
EURUSD Primary trend: Bearish This pair is in a bearish mode, and this is what is expected to continue in the next several trading days. The indicators are showing a Bearish Confirmation Pattern on medium-term charts of the EURUSD. After the support line at 1.3250 has been broken to the downside, the next target would […]
16 Feb 2013 @ 20:23
AUDCAD: BUY The AUDCAD cross is currently in an equilibrium zone. But when a breakout does occur, as it normally would happen, the price is expected to move in a further bullish mode. There is a notion that the Lonnie would soon gain a measure of strength against the Aussie, as buyers are whetting their […]
15 Feb 2013 @ 02:17
Here are the latest extracts from Zak’s new premium blog AIM Stocks Charting It stars the likes of Chariot Oil & Gas (
LSE:CHAR) / Gulf Keystone (
LSE:GKP) and Xcite Energy (XEL). Range Resources (
LSE:RRL): 3p – 4p Wedge Pattern Range Resources remains one of the most speculative and speculated situations around in terms of companies […]
14 Feb 2013 @ 06:44
“The truly successful traders are incredible discipline fanatics. Presumably, it’s not even enough to be more discipline than the average person. You just need to be in the top 10% group. Self-discipline causes the trader to place certain obligations on himself.” – Christian Lukas Being disciplined enough to do what are rights in the markets […]
13 Feb 2013 @ 12:03
The legacy portfolio had a giant day yesterday with the banks rallying and trinity mirror up 7.5%, but the market is struggling to break up into new levels. More on this in my premium blog!