Global News

Sometimes it is a lot more fun to step back and watch the FTSE for awhile. You know, just enjoy the view. Forget the stress and pressures of life and just enjoy the spectacle of it all. After all the excitement of the record-breaking day on Friday, 20 March, I pondered writing an article on […]

USDJPY = Buy AUDJPY = Buy CADJPY = Buy CHFJPY = Buy EURJPY = Buy GBPJPY = Buy NZDJPY = Buy NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]

Finally the seller has cleared from (LSE:IAE) Ithaca Energy as i mentioned on my Chris Oil Blog Friday afternoon after 31% of the companies shares have changed hands since the February RNS. Clearly both fundermentally and charting wise point back to 65p in a V shape recovery. With a strong oil price at the end […]

Break out the champagne! At 3:06 pm GMT, the FTSE is at 7,005.48! I have been watching the FTSE all day – just like you have. In the few seconds it took me to type that, it has  already hit 7,009.00 and is now at 7,010.34! This is an incredible day, as we all watch […]

In the waning trading hours yesterday I wrote “I, for one, believe that there may be adequate activity and the right atmosphere to make this the week that the FTSE reaches 7,000.00.” That’s a pretty bold statement to make on a Wednesday afternoon. Lot’s of pundits might dare to say something like that before a […]

“No matter how great a setup looks, there’s always a chance you can still be wrong… Realize that knowing when not to trade is as important as knowing when to trade. I often joke that we are more wait-ers than trade-ers.” A signals provider is a trading professional who gives buy and sell recommendations to interested […]

Includes Technical Services Contract Huntington Ingalls Industries (NYSE:HII) announced today that its AMSEC LLC subsidiary has been awarded a contract by the U.S. Navy to provide engineering and technical services in support of the Navy Modernization Program. AMSEC LLC was one of several contractors awarded a three-year indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee contract...

Placing to raise £270,000 Armadale, the AIM quoted investment company focused on natural resource projects in Africa, has announced a conditional placing of 966,666,663 new ordinary shares of 0.01 pence each in the capital of the Company at a price of 0.03p pence per share to raise net proceeds of £270,000 with institutional and other […]

The FTSE 100 is pushing back toward record territory once again today with help from Standard Charter Bank (LSE:STAN) and George Osborne. Approaching 3:00 pm in London, the FTSE is up 1.43% to 6.935.46, moving closer to surpassing its 6,974.26 52-week high. To be clear, Standard Charter and George Osborne are not the only reasons […]

AIG – America International Group – shares (NYSE:AIG) is now ripe for bullish trend. All indication, including the price action, points to further northward journey. It is expected that the market would make higher lows and higher highs within the next several months. For this analysis, we use 4 EMAs and they are EMAs 10, […]