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Sunday, August 30, 2020

Boohoo Group Plc price: BOO continues its bullishness, to go further northwards

Boohoo Group Plc shares (LSE:BOO) are currently bullish, having attained the bullishness since July 2020, and having plummeted prior to that time. As from July, price has moved upwards seriously.

 

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. All the EMAs are trending upwards, although the last pullback day looks like a threat. In reality it is just an opportunity for bulls to enter the market at a cheaper price.

 

Unless price remains below the EMA 200 until the end of September 2020, the outlook on this market will remain bullish. Overall, price will recover gradually and go above, even the EMA 10, as it moves further upwards. The first target is the distribution territory at 400 – something that BOO could even breach to the upside.

 

Azeez Mustapha

 

Market Analyst, Trading Signals Provider and Coach

 

Trading realities: Trading realities 

  

Source: http://uk.advfn.com/newspaper/authors/azeez-mustapha

This stock has begun another strange movement!

 Aa Plc stock (LSE:AA.) has begun another strange movement, following its most recent bullish attempt. The market dropped seriously in April 2020, moved sideways until August, broke upwards and moved sideways, only to threaten a bearish movement again.

 

This strange movement can result in a bearish signal once price breaches the upper Trendline to the downside and the RSI period 14 goes below the level 50. That would mean a bearish signal. However, in case price does not go below the upper Trendline,, and moves upwards instead to breach the resistance level at 40.00 to the upside, that would mean a clean bullish signal, especially when the RSI turns upwards and aims at the overbought region.

 

Whatever happens this week will determine what will happen to AA., whether it would go bullish or bearish. But right now, the market looks strange.

 

Azeez Mustapha

 

Market Analyst, Trading Signals Provider and Coach

 

Trading realities: Trading realities 

  

Source: http://uk.advfn.com/newspaper/authors/azeez-mustapha

 

Buy and sell Perfect Money/Payeer/BTC/AdvCash; get funded quickly: www.ituglobalfx.com.ng

 

Monday, August 17, 2020

Why a self-employed person is different from a businessman

The Self-Employed Person: The self-employed person is basically motivated by control and doing it right. Notice that I often talk about how these motivations constitute some of the biases that most traders have—the need to be right and the need to control the markets. The self-employed person is the entire system. They are basically running on a treadmill only they don’t know it. And the more they work, the more tired they get.

 

Like the employee, the self-employed are working for money. However, they like it a little better, because they are in charge. They think working harder will make them more money, and to a certain extent, it does. But mostly, working harder gets them tired. Nevertheless, they continue to plow forward, thinking that they are the only ones who can do it right.

 

As I said earlier, the self-employed person basically is the system. And quite often they cannot see the system because they are so much a part of it. They are stuck in all the details. In addition, they have a strong tendency to want to “complexify” things. They are always looking for perfectionism and they believe that the perfect system must be complex. They are always asking, “What will make my system perfect?”

 

A lot of people come into trading from the self-employed mentality—doctors, dentists, and other professionals who had their own small business in which they were basically all of the systems in one. This is all they tend to know and they approach trading the same way. They keep adding complexity “until it works,” even though this strategy seldom works. The self-employed person would be likely to have a discretionary system that is constantly being changed.

 

The Business Owner: A good business owner should be able to walk away from the business for a year and come back to find it running better than before. While this is an ideal type of statement, it has some theoretical truth to it. This should occur because the job of the business owner is to design a group of systems to run the business so well that his employees can do the job by themselves (or at least with a manager in place). In other words, the business owner is someone who designs systems and these are usually simple systems.

 

The business owner usually does very well in the trading arena if they approach the process the same way that they’ve run a business before. And, of course, the business owner would usually hire someone to run their trading system, at a much lower wage.

 

When Tom Basso,1 who is interviewed in The New Market Wizards, did workshops with me, he always described himself as a businessman first and a trader second. Part of Tom’s perspective was to look for repetitive tasks that a human being in his organization has to repeat over and over again. When he found such tasks, his job was to develop a program to take that task out of human hands. Routine computer programs are great examples of simple systems.

 

By Dr. Van Tharp

 

 

Profits from games of knowledge: https://www.predictmag.com/ 

 

 

 

When you collect N15,000 per month

They Pay Him #15,000 a Month

 

“When you’re poor and you beg people for money everyday, they’ll start running away from you

 

as if you are a leper. Once they see you coming, they’ll follow another road so they don’t come face to face with you.

 

In fact, your name will become a burden that even the Devil will see you and start running away because he knows that instead of fearing him like most people do- you’ll beg him for money instead.

 

Of what use is fear to an hungry man? What he needs is food! And because he is hungry, he cannot think straight; so he sees you as the Devil if you refuse to help him- the way my friend sees me now.

 

You see, after doing some copywriting works yesterday evening, I decided to surf the net a bit with my phone before sleeping. Not too long after, a text message came in from a friend, not really a friend per say, but let’s leave it at that.

 

Here is the content of the text message:

 

“Bross with due respect this was nt our agreement, i told u dat our gas has finished no matter anything u ought have look for money and send to me. bt i thank god for everytin let the relationship countiue. pls us ur gud office and do sometin notin is small and notin is big also! tanx for co-operation.”

 

The first thought on my mind was to call and ask him if he kept any money with me, or if I owed him money. But I let it slid...

 

Look for a service to render that’ll give you the exact or more amount than you want every month…

 

Don’t wait until you start seeing everybody as evil because they refused to help you

 

…as if they don’t have their own bills to pay.” - Isioma Isichei

 

Source: http://isiomaisichei.com/even-the-devil-will-run-away-from-your-shadow/ 

 

 

Profits from games of knowledge: https://www.predictmag.com/ 

 

Wednesday, August 12, 2020

You will lose money if you bet on this stock

Gulf Keystone stock (LSE:GKP) has been a bad market for both investors and traders, for most part of this year. Investors have lost so much money as they watch the value of their stakes on GKP go down, since the beginning of 2020 till now, traders also would have become frustrated as the market is locked in a tight range since April 2020.

 

Price is not decidedly above or below the EMA 21, emphasizing the current base in the market. The William’s % Range period 20 has swung from overbought and oversold territories and it is currently going upwards, after touching the oversold territory.

 

Gulf Keystone is a weak stock whose performance has been weak in the past few years. It is a “sell,” not a ‘buy.’ Any bullish breakouts would be taken as false breakouts – traps for bulls. Any bearish breakouts may be another opportunity to ride a news lease of bearish movement further south.

 

The conditions on GKP are great bears to profit. Bulls who bet on the market may lose money.

 

Trading realities: Realities in trading

  

Source: http://uk.advfn.com/newspaper/authors/azeez-mustapha

 

Buy and sell Perfect Money/Payeer/BTC/AdvCash; get funded quickly: www.ituglobalfx.com.ng

 

Profits from games of knowledge: https://www.predictmag.com/ 

Anglo Asian Mining Plc price: AAZ generates a bearish signal

 Anglo Asian Mining shares (LSE:AAZ) have already generated a bearish signal and things are expected to fall further from now going forwards. Price dipped from the beginning of this year till March 2020, and then it went upwards again, going northwards till August, when it reached the overbought area and began to fall.

 

While the ADX period 14 is at level 20, showing the momentum in the market is not much, the DM- has already crossed the DM+ to the upside. That is a bullish signal.  The MACD default parameters, has already had its histogram appear below the zero line. Its signal lines are pointing downwards and they are expected to cross the zero line to the downside.  Once that condition is fulfilled, the current bearish signal would be 100% confirmed (Bearish Confirmation Pattern).

 

AAZ made some effort to go further upwards in early August, but bears rejected the move. Price has thus started going downwards, and that is just the beginning.

 

 

Azeez Mustapha

 

Market Analyst, Trading Signals Provider and Coach

 

Trading realities: Trading realities 

 

Source: http://uk.advfn.com/newspaper/authors/azeez-mustapha

 

Buy and sell Perfect Money/Payeer/BTC/AdvCash; get funded quickly: www.ituglobalfx.com.ng