Did the chart just signal the change in Malaysia government before it even happened? Just for fun :) Perhaps we can use the chart to forecast the next election result in Singapore too!
I am Bearish. We have been in a range since last January and sooner or later, it has to break out and it is going to be big. I am expecting it is due for a good down side and now the PA is starting to support the bear view. But do not hurry and rush in as the traps are still everywhere, We have ECB on Thursday and it is going to be big. Level to watch:...
USD/CAD 1.2870 is a tough nut to break but soon it shall get broken. It is like the invaders trying to break the city gate. For now, the bulls do not seem to get enough energy to break just yet. So, wait for a right move and I am expecting it shall rise up higher soon or later break out from 1.285. DYODD and Trade Safe s0nic Disclaimer: The information...
Dow Jones. We have a decent bounce from the support region of 23,850 and that regions have become strong support now. We might see the move higher for now with 24500 and ultimately 24,888 in mind. 24,888 will be a strong resistant to crack and the market shall not get past that easily. A Swing High shall unfold for now. DYODD and Trade Safe s0nic...
We should look at the development in China stock market. When many people are still in denial stage, we have hit our first TP. It is due for a decent continuous sell down. For now, it may rebound back up to 13,221 level but it shall go down a lot further. I am looking for short only at this moment. Trade Safe s0nic Disclaimer: The information contained in...
SPACKMAN, I am seeing a potential BULLISH case of swing back up to 0.102 to 0.108 region. The set up is valid as long as the price is above 0.080 level. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of...
Oil It is no doubt that oil is in the UP trend for now and it better to look for LONG only. But it doesn't mean that we shall have not have a down swing as a restest. Things rarely to UP/Down straight line. So, put it this way. It can easily retest the support of 57 to 60 region and as long as the level is support, look for long entry only. It should...
The Dollar index is rebound, not because of the fundamental. It is partly due to the overbuild of dollar shorts. So, it is going be a short squeeze rally. It can go 90.9x and 92 regions. DYODD and Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice....
Ripple We are seeing a slow but strong base is forming, it is near 0.40 regions. It has a nice Higher High, Higher Low potential too. The first target is 1.07 while it can go as high as 1.8 regions DYODD and Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment...
We had a strong Sell down and our trade guider indicator shows the "bearishness" of it. It might break down soon. So, I advise you not to take any long position at the moment, not yet. I see the harder and better support region will be 1.40 regions or lower. DYODD and Trade Safe s0nic Disclaimer: The information contained in this presentation is solely...
No NEWS, but the whip is ready. The whipping has fallen on the shortists. But if you know what to see, you will notice something. The liquidity is low AF. That means it can go up quickly up and down too. As for EJ, it can swing to 131 level first, before it met with decent hard resistant. Yee Ha! DYODD and Trade Safe s0nic Disclaimer: The information...
The Greenback bounced of a large scale 50.00% Fibonacci retracement level against the Singapore Dollar at the start of April. As a result of the event a descending channel down pattern has formed. The channel has already managed to pass two strong support clusters near the 1.3150 and the 1.3125 levels. Moreover, it doesn’t seem to face any additional support...
We had strong resistants level of 31075 regions and they are acting tough. At the same time, we are at the decent support of 30230 level. I am slight bearish for now and watch 30250 level closely. In order to turn strongly bearish, we need to make sure the market break that hard support level first. DYODD and Trade Safe s0nic Disclaimer: The...
Apparently, AU is supported by hard resistant called 0.767 regions. Since the bull force gets stronger, it can swing up again. It can go to levels like 0.775 and 0.782 regions. DYODD and Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or...
We are seeing the recent sell down is over and there will be a potential run-up in this pair. It is better to look for a bull set up, you too can try other pairs such as GBP/CAD, AUD/CAD with the same bullish direction. DYODD and Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not...
US market is falling to break down the support level of time and time again. That is to prove that we have many supports aka BULLs are coming in as well. DO not be over BEARISH or BULLISH at this moment. So, we can't rule out the possibility of it swing up toward hard resistants of 24,888 level. DYODD and Trade Safe s0nic Disclaimer: The information...
We are in the tight range and I expect it can stays that way for prolong period of time. And the same I see a potential swing UP to 0.7370 or even 0.7450 level. It is time to eat some weak shorts. DYODD and Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment...
So, everyone is bullish now, just because of 1 day UPmove? If you trade based on news, you soon may have to sell newspaper! Plan in advance, the current bullishness can stay until 24,900 or even 25,000. But I expect the resistant will hold stays and it shall go alot lower soon. DYODD and Trade Safe s0nic Disclaimer: The information contained in this...