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What if BP's Dudley is Right?

Apr 22 2015 @ 14:19
The share price of BP (LSE:BP.) closed marginally down (0.05%) at 479.75 after reaching 484.20 in intraday trading, up at the point by 0.875%. BP continues to trade nearer to the low end of its 52 week range if 364.40 to 526.80. But today’s story is not so much about its share price activity today […]
 

Angle Stock to Go South

Apr 21 2015 @ 14:31
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, […]
 

Bulls Regret Buying African Potash

Apr 21 2015 @ 14:21
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 […]
 

Daily analysis of major pairs for April 20, 2015

Apr 20 2015 @ 01:02
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 […]
 

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

Apr 18 2015 @ 14:03
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 […]
 

Investors Bet on Etsy IPO

Apr 17 2015 @ 07:47
The Collaborative Economy made headlines again on 16 April as online marketplace, Etsy (NASDAQ:ETSY), shares became available in its IPO on the Nasdaq. Etsy shares opened at 31.00 following an offering price set at 16.00. Etsy closed the day at 30.00, up 87.5% on a volume of nearly 20 million shares, giving the “artisanal eBay” […]
 

A Good Way to Trade My Signals

Apr 16 2015 @ 05:34
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 […]
 

What Is the Best Trading Approach to LGO Energy?

Apr 14 2015 @ 02:03
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 […]
 

Bears Regret Selling UK Oil & Gas

Apr 14 2015 @ 01:55
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 […]
 

Daily analysis of major pairs for April 13, 2015

Apr 12 2015 @ 21:33
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: […]
 
 
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