Chart Self Explanatory
Chart Self Explanatory No risk events for Australia and Switzerland today
I am still bullish USDCAD. You can refer the post below of the original plan for USDCAD No risk events for the U.S and Canada on Monday
In reference to this plan below, the pair didn't exactly stay inside the range but there was certainly a bull trap/stop hunt/liquidity run above those levels. I am anticipating the price would reach the 20-week AWR downside projection this coming week. Based on this anticipated move, I need the price to tap into one of the levels I marked on the charts, to...
..but there isn't strong enough rationale for my liking, to start shifting my entire bias even to a cautious bullish (meaning taking Long signals but with an extremely small position). The federal reserve did cut their interest rates but I still believe there is still a divergent monetary policy between ECB and Federal Reserve. ECB is in QE, Fed Reserve is not....
In the wider context, I am bearish Sterling. However, I am anticipating a range-bound price action today BUT I will only take "level rejection" to short this pair. I am looking for bull traps at the levels I have marked on the chart. No risk events for the U.K and Switzerland
I am still bearish bias for XAUUSD. I am looking for bull traps at levels I have marked on the charts.
The 20-day ADR was missed on Thursday and Friday. Moreover, the 20-week AWR was missed as well (both upside and downside). Price expansion is much expected next week. I am still bearish GBPJPY hence I am looking for bull traps at the levels I have illustrated on the chart Expect updates in the trading days next week in reference to this post.
Currently, I am still holding EURUSD short. Click the chart below to understand my trading plan at the time Nothing much I could do right now other than wait until my specified exit indicator tells me its time to close my entire position. Now, lets say I don't have any EURUSD position right now, here's probably the plan I would make. Technical Analysis...
Analisa Teknikal masih mencadangkan saya untuk Bearish kesemua GBP pairs. Risiko besar bias ini adalah perkembangan terkini Brexit & suasana politik di United Kingdom. Berdasarkan data-data yang lepas, market seolah-olah "react" jika news tersebut berupakan news yang tidak baik bagi No Deal Brexit ataupun apa sahaja yang kena mengena dengan Boris Johnson. My...
I am bearish the Cable. I am looking for bull traps for one of the several levels I have marked on the chart.
Last week's range was roughly only half of what the 20-week AWR was. It was a "miss" week. So, I am anticipating a weekly price expansion next week. I am looking for bull traps at levels I have identified and illustrated on the charts.
The market is pricing in for the RBA to cut their interest rate from 1.00% to 0.75%. Personally, I always stay on the sidelines during interest rate risk events. The reason is how unpredictable the market reaction going to be. I believe that institutions use risk events to get liquidity via stop hunts/ price manipulation hence the spike direction has no...
Please check the post below as reference for this "review" To the readers who were LONG biased USDJPY, it is fair to say USDJPY moved almost 100% as we anticipated. We anticipated USDJPY would hit the 20-week AWR upside projection and it did not. This week is a "missed" week so I am expecting a weekly worth price expansion within two weeks
This is just like a post-battle review for EURUSD this week. I was bearish EURUSD. See below the plan early this week The chart is self-explanatory. When it comes to hindsight type "analysis"/"review", there isn't much left to say really. Just look at the chart
I have identified three price levels that if tested, would warrant me to short GBPUSD (after an entry signal of course). The chart is self-explanatory