Monday, December 22, 2014

Stratex International Shares Crash

Stratex International shares (LSE:STI) started crashing at the beginning of this month and this can continue for the rest of the month.  A break below the demand level at 2.00 would result in further strengthening of the bearish outlook.

4 EMAs are used for this analysis, and they are EMAs 10, 20, 50, and 200. The color that stands for each EMA is shown at the top left part of the chart. The current position of the EMAs support the extant bearish movement – with the EMA 200 signaling that the bearish trend is the dominant bias. Price is supposed to continue crashing towards toward the demand level at 1.00.

The markets of nowadays require creative approaches. The market conditions several decades ago (with high interest rates and more predictable movements) were really different than the market conditions nowadays.  You do not need a great system to trade this market. Just watch what the market is doing and go with the flow. We tend to look for the Golden Goose system that can give us a huge advantage over many other traders. There is nothing new under heaven and this is also true of trading. It is now clear that certain small scale traders are even more skillful than some institutional traders.

This forecast is ended by the quote below:

“Trading isn't a hobby or an easy way to pay the bills. It is a lifestyle, something you have a passion for. It may take years to master. Not everyone makes it within a few years, but that's all right. As long as you love what you're doing, you'll achieve success in the end.” – Joe Ross

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Learn from the Generals of the Markets: Market Generals

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