20 Mar 2013 @ 06:46
Currently, and until further notice, it may be suicidal to open long trades on Matra Petroleum (
LSE:MTA). Since the last year, the price has been going down slowly and steadily. In the current downward bias, the market consolidated lower in the month of February 2013, breaking the lower Trendline before the end of that month. […]
19 Mar 2013 @ 06:00
EURUSD Primary trend: Bearish Though the primary trend on this pair is bearish, the trend is in a serious jeopardy. There is currently a conspicuous rally on this pair: oscillators have given a bullish signal but momentum indicators like long-term MAs are yet to confirm that. Trading an unconfirmed bias is not recommended at this […]
17 Mar 2013 @ 10:04
A Video Rundown of three leading AIM Stocks favourites which you can watch by clicking here For the latest AIM stocks Video Rundowns sign up to Zak’s new premium blog AIM Stocks Charting
16 Mar 2013 @ 18:27
AUDUSD: BUY The price conditions on the AUDUSD are now favorable to bulls. In recent times, the Aussie had been weaker against the Greenback, making even any short-term rally a nice opportunity to go short in the context of the downtrend. Right now, the bearish bias is being seriously threatened (if not over). The AUDUSD […]
16 Mar 2013 @ 00:28
Stock markets advanced after some favourable US economic data. Jobless claims fell more than anticipated, the Dow Jones made a new multi year high, the S&P 500 and FTSE 100 are still below their all time highs. There is something not right about this rally, volume. In a bull market volume should expand with the […]
14 Mar 2013 @ 10:10
A Video Rundown of the latest price action for Thomas Cook (
LSE:TCG) which you can watch by clicking here Read Zak’s bullish analysis on Thomas Cook from way back in November in his Amazon eBook bestseller, Lessons From The Financial Markets For 2013 by clicking here
13 Mar 2013 @ 01:24
Why should we go short on Thomas Cook (
LSE:TCG)? It is because the selling pressure in the market is increasing. There has been some serious short-selling in the market, and certain private traders want to sell accordingly? If an elephant trumpets, would you also expect its calf to trumpet? The price on the chart has […]
13 Mar 2013 @ 01:14
Kibo Mining (
LSE:KIBO) is currently at a critical level. Would the price turn upwards and assume a protracted uptrend or would just plummet further? The answer is below. The ADX period 14 is at the level 30 (with the DM- far above the DM+): this shows a strong bearish pressure. The MACD (default parameters) […]
11 Mar 2013 @ 14:25
EURUSD Primary trend: Bearish There has been a recent potential reversal on this pair. The bullish reversal is noteworthy, but not significant enough to override the major bearish outlook. It is better to wait for further confirmation before new positions are opened (at least for a few more trading days). Whether the current scenario is […]
10 Mar 2013 @ 05:31
GBPCHF: BUY There is an interesting scenario on the GBPCHF, and this is something that may herald the beginning of a new lease of northward bias. For the most part of this year so far, the price was in a major downtrend. Last week, the price reached a low of 1.39646, being unable […]