EURUSD Analysis 2012.05.17

by Michael on May 17, 2012

[Forex | Euro vs US Dollar] We see better value in short positions. If the price will go below the first support at (1.2681), this would confirm continuation of the bearish trend, towards next objective downwards (1.2604) then (1.2564) and (1.2524) will follow.You may try to sell from (1.2799), (1.2869), and (1.2911) with a stop loss above (1.2879).

{ 0 comments }

RANGE RESOURCES – SIGNIFICANT INCREASE IN PROVED RESERVES

May 16, 2012

Range Resources Limited (“Range” or “the Company”) is both an ASX-listed (ASX: RRS) and AIM-listed (AIM: RRL) exploration and production Company, with its principal activities directed towards finding and delineating hydrocarbons in Puntland, Somalia; the Republic of Georgia, onshore Texas, USA and Trinidad. Today RANGE RESOURCES released an update as you can find below. What [...]

Continue Reading →

POSITIVE AMINEX OUTLOOK FOR 2012 & 2013

May 16, 2012

 Aminex is a London Full List oil and gas exploration, development and production company with oil and gas production in two US states, a great discovery in Tanzania,  three exploration licences in Tanzania, a drilling joint venture with Tullow Oil and Aminex also participates in an active drilling programme onshore Gulf of Suez, Egypt and [...]

Continue Reading →

EURUSD Analysis 2012.05.16

May 16, 2012

[Forex | Euro vs US Dollar] We can say that additional bearish movements could be seen during current session, particularly if it succeeded to maintain prices below (1.2879) zones. A proper confirmation would occur if the EURUSD will manage to fall beyond the (1.2680) support level.We will be looking to sell EURUSD upon any price retracement.

Continue Reading →

FACEBOOK INITIAL SHARE PRICE – $38 a SHARE, Can you afford one ?

May 15, 2012

Yesterday I wrote about the 100 Billion USD IPO that FACEBOOK was undertaking (as if you did not not know about that). However today the social media giant FACEBOOK says it is increasing the price per share that originally it was proposing to the public. FACEBOOK initially said that more than 337 million shares it is [...]

Continue Reading →

MATRA PETROLEUM – GUSHES UP 11%

May 15, 2012

MATRA PETROLEUM – RNS Now with most companies if a KEY Person was to resign, the Share Price would take an expected hit. However, the reverse happened  today with MATRA.  MATRA PETROLEUM the independent oil and gas exploration and production Company with operations in Russia, announced that Neil Hodgson, their Exploration Director, has confirmed his [...]

Continue Reading →

EURUSD Analysis 2012.05.15

May 15, 2012

[Forex | Euro vs US Dollar] We can say that additional bearish movements could be seen during current session, particularly if it succeeded to maintain prices below (1.2914) zones. A proper confirmation would occur if the EURUSD will manage to fall beyond the (1.2760) support level.We will be looking to sell EURUSD upon any price retracement.

Continue Reading →

JPMORGAN 2 BILLION DOLLAR TRADING LOSS

May 14, 2012

Just how do you manage to lose 2 Billion USD ? I mean, I would know if I was down 100 USD let alone a clear 2 BILLION USD. With that much cash I could fund a space shuttle flight to the International Space Station and back,… 20 times !! CEO Jamie Dimon said that [...]

Continue Reading →

FACEBOOK IPO VALUED AT 100 BILLION USD !!

May 14, 2012

I heard that Facebook‘s chief executive Mark Zuckerberg has his 28th Birthday today. I wonder what he has on his Birthday list ? FACEBOOK, the world’s most famous and biggest Social Networking company is entering the biggest week of its short life. FACEBOOK is expected to start selling shares to the public for the first time and begin trading [...]

Continue Reading →

ATLANTIC COAL RESULTS – Looking Good

May 14, 2012

Atlantic Coal plc, the AIM listed open cast coal production and processing company with activities in Pennsylvania, USA, has just released its unaudited preliminary results for the year ended 31 December 2011.  2011 Highlights: Increased production and sales experienced at Stockton during 2011 – 207,005 tons of run-of mine (“ROM”) coal mined and sales of [...]

Continue Reading →

EURUSD Analysis 2012.05.14

May 14, 2012

[Forex | Euro vs US Dollar] EURUSD maintains a bid tone for now. Break above (1.2966) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.2853), however, would confirm continuation of the bearish trend, towards next objective downwards (1.2733).Short positions are favored for today.

Continue Reading →

PLAN THE TRADE AND TRADE THE PLAN

May 11, 2012

One difference between a professional trader and an amateur is the TRADING PLAN. In a nutshell amateurs don’t have one. To WIN AT THE FOREX you must know before placing the trade, not only your desired entry point but also what you are trying to gain in terms of the number of pips. You must [...]

Continue Reading →

EURUSD Analysis 2012.05.11

May 11, 2012

[Forex | Euro vs US Dollar] We see better value in short positions. If the price will go below the first support at (1.2891), this would confirm continuation of the bearish trend, towards next objective downwards (1.2836) then (1.2796) and (1.2756) will follow.We will be looking to sell EURUSD upon any price retracement.

Continue Reading →

GULF KEYSTONE PETROLEUM (GKP:AIM) – 221p to watch ?

May 10, 2012

It has been a long time since I have mentioned the name GULF KEYSTONE (a big AIM favourite), although it has been on my watch list since I sold all my holdings in it a few months ago. At the time the profit was burning a hole in my pocket and I just did not [...]

Continue Reading →

EURUSD Analysis 2012.05.10

May 10, 2012

[Forex | Euro vs US Dollar] We see high chances of the pair move down gradually towards (1.2804 – 1.2764). A proper confirmation would occur if the EURUSD will manage to close below the (1.2897) support over today`s trading session.You may try to sell from (1.2990), (1.3043), and (1.3095) with a stop loss above (1.3008).

Continue Reading →

EURUSD Analysis 2012.05.09

May 9, 2012

[Forex | Euro vs US Dollar] EURUSD maintains a bid tone for now. Break above (1.3075) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.2933), however, would confirm continuation of the bearish trend, towards next objective downwards (1.2803).Short positions are favored for today.

Continue Reading →

HERENCIA RESOURCES FINAL RESULTS 2011

May 8, 2012

Herencia Resources plc, (“Herencia” or the “Company”) Final results for the 12 months ended 31 December 2011 and Notice of AGM The Directors present the audited results of the Group (Herencia Resources plc and its subsidiary undertakings) and the Company for the 12 months ended 31 December 2011. CHAIRMAN’S STATEMENT It is with pleasure that [...]

Continue Reading →

EURUSD Analysis 2012.05.08

May 8, 2012

[Forex | Euro vs US Dollar] We can say that additional bearish movements could be seen during current session, particularly if it succeeded to maintain prices below (1.3190) zones. A proper confirmation would occur if the EURUSD will manage to fall beyond the (1.2990) support level.You may try to sell from (1.3121), (1.3167), and (1.3236) with a stop loss above (1.3190).

Continue Reading →

EURUSD Analysis 2012.05.07

May 7, 2012

[Forex | Euro vs US Dollar] EURUSD maintains a bid tone for now. Break above (1.3190) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.2913), however, would confirm continuation of the bearish trend, towards next objective downwards (1.2791).We will try to sell EURUSD from our mentioned resistance levels.

Continue Reading →

VIRIDAS (AIM:VIR) – CASH TO INVEST

May 4, 2012

This week, VIRIDAS, a small AIM company focussed on investment in natural resources released their 2011 year end figures and review. As a small investor in them, I am happy in the current key Board member, the decisions made in the latter half of 2011 to refocus the company, the investment profit generated in Jan [...]

Continue Reading →

EURUSD Analysis 2012.05.04

May 4, 2012

[Forex | Euro vs US Dollar] Overall the direction remains unclear and price is moving in (1.3190 – 1.3085) range area, the instrument has a 50 – 50 chance of a recovery above (1.3190) or a fall towards (1.3085) in the coming session.We should wait for the victory of either team players (Bulls or Bears).

Continue Reading →

5 Reasons Why I Trade

May 3, 2012

I think there comes a time (especially when the market is in a downturn and the screens are red) when we all have to ask ourselves why are we investing / trading. It might be a silly question to most, but I decided to put pen to paper and come up with 5 good reasons [...]

Continue Reading →

LLOYDS – DIVIDEND POSSIBILITY SOON ?

May 3, 2012

I read with interest in the Internation Herald Tribune an article on LLOYDS BANKING GROUP of which I am a suffering (maybe not as bad as some) shareholder. The article however was quite positive in a half glass full kind of way, and is summarised below: disposals of non-core parts of the balance sheet have [...]

Continue Reading →

TOWER RESOURCES (AIM:TRP) – TARGET PRICE 80 Pence

May 3, 2012

Today saw the release of the Final Accounts for TOWER RESOURCES for the year end 31/12/2011. With these results and the update on Operations, I am extremely bullish on the possibility of a multi-multibaggerhere with TOWER. I am a share holder and and therefore of course  I maybe biased, but I ask you to just [...]

Continue Reading →

EURUSD Analysis 2012.05.03

May 3, 2012

[Forex | Euro vs US Dollar] The EURUSD bias is neutral. Upper barrier is at (1.3293), break above that area could trigger further short term upside pressure testing (1.3263). On the downside, the important price level at (1.3111) may be tested or broken in the coming sessions, which may pull the pair towards (1.2985 – 1.2934).We should wait for a clearer outlook on EURUSD.

Continue Reading →

SEFTON RESOURCES (AIM:SER) – Operations Update

May 2, 2012

Sefton Resources (AIM: SER), the independent oil and gas exploitation and production company with interests in California and Kansas, is pleased to announce an update on its operations (RNS dated May 2nd 2012).  Highlights:  Oil & Gas in Kansas ·     Pipeline system on schedule to flow first gas in the summer ·     LAGGS sales line [...]

Continue Reading →

EURUSD Analysis 2012.05.02

May 2, 2012

[Forex | Euro vs US Dollar] EURUSD general trend is to the upside. Break below (1.3147) may trigger further fall of the EURUSD. Going above nearest support level at (1.3320), however, would confirm continuation of the bullish trend, towards next objective upwards (1.3439).Look for long positions for current trading session.

Continue Reading →

EURUSD Analysis 2012.05.01

May 1, 2012

[Forex | Euro vs US Dollar] We see better value in long positions. If the price will advance above the first resistance at (1.3297), this would confirm continuation of the bullish trend, towards next objective upwards (1.3123) then (1.3083) and (1.3003) will follow.Long positions are favored for today.

Continue Reading →

AMINEX RNS – 30th April 2012 – Ntorya-1 Update

April 30, 2012

AMINEX RNS – 30th April 2012 – Ntorya-1 Update  Aminex PLC (‘Aminex’ or the ‘Company’), an independent oil company listed on the main market of the London and Irish Stock Exchanges with exploration and development assets in the emerging hydrocarbon province of East Africa, today announces the completion of drilling operations and an update on [...]

Continue Reading →

EURUSD Analysis 2012.04.30

April 30, 2012

[Forex | Euro vs US Dollar] EURUSD general trend is to the upside. Break below (1.3147) may trigger further fall of the EURUSD. Going above nearest support level at (1.3319), however, would confirm continuation of the bullish trend, towards next objective upwards (1.3399).You may try to buy from (1.3173), (1.3104), and (1.3064) with a stop loss below (1.3147).

Continue Reading →

WARREN BUFFET : TOP TEN QUOTES OF ALL TIME

April 29, 2012

WARREN BUFFET : TOP TEN QUOTES OF ALL TIME Warren Buffet, also known as the “Oracle of Omaha” is an American business investor, magnate and philanthropist. He is widely regarded as one of the most successful investors in the world. He is the chairman and CEO of Berkshire Hathaway and is consistently ranked amongst the [...]

Continue Reading →

SELL IN MAY AND GO AWAY, BUY AGAIN ON ST LEGER DAY…

April 28, 2012

I am sure that all investors know the famous old adage : ‘SELL in May and go away, buy again on St Leger Day,’? This used to be a byword for smart stock market investing.  The saying goes back to the days when Londonstock brokers took the summer off to launch their “gels” into high [...]

Continue Reading →

THOR MINING – DELAY IN FEASIBILITY REPORT

April 27, 2012

RNS out today confirming that the Feasibility Study report is delayed – already the share price is down 15% in (over)reaction. Maybe the SP is down as PI’s are concerned that there is a “reason” for such a delay, but personally, coming from a construction (oil & gas) background, such delays are really a common occurrence. [...]

Continue Reading →