View On WTI Oil (26 AUG 2019)
Oil is still under the decent bear momentum for now.
I do not see the strong sell down, for now, it shall easily go to $53 level first.
If you want to long, make sure there is at least proper PA to support the set up first.
DYODD, all the best and read the disclaimer too.
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View On USD/CAD (20 Aug 2019)
First: NA
Back Ground: The pair is the recent healthy uptrend with higher high, higher low toward 1.338 regions.
Target(s): 1.328 (TP1) & 1.346 (TP1)
SHTF: 1.2985
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
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Legal Risk Disclosure:
Trading foreign exchange or...
View On GBP/JPY (3 Sept 2019)
The Momentum is of this pair is still pointing toward downtrend.
SO, if you are thinking of going LONG, it is definitely a counter-trend trade. You will need a good price action of your intended direction too.
Since the Daily candle is very bearish. I do not see any reason go enter LONG at this moment.
It can swing to the previous...
View On Gold XAU/USD (26 Aug 2019)
The market uses the Monday gap to swing the Short traders' stop loss at $1,533 to $1,550 region.
Now it has achieved its purpose. That is the reason why you are seeing the pullback right now!
It may swing back to $1,535 or even $1,527 in the form of gap closing.
The overall trend is still BULLish. It might carry a better...
First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up..
XXX/USD: Mixed/Slight Bearish
Gold...
View On NASDAQ (29 Aug 2019)
It is in the momentum play and it can drift higher up first as it uses 7570 as a support level.
It should go to swing level of 7,800 regions first.
If you wanna short, you will need to wait for at least a BEAR candle first.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank...
View On GBP/CAD (28 August 2019)
Did you read the previous analysis?
1.636 is proven to be good resistant.
It may pull back to 1.6162 (or) 1.605 first. If you want to buy in, you can patient until the mentioned levels (or) wait for the support region.
Time it well.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" ...
View On Dow Jones (26 Sept 2019)
A wild Extreme Monday indeed. Dow Jones is a wild 300 points swing even before it officially opens for business on Monday during US session.
We had a BIG downward move in the early Asia session and it is making a pullback right now.
It may go up 26,000 regions for retest at least first.
Another strong retest/resistant swing...
First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
XXX/USD: Mixed
Gold & Silver: ...
View On GBP/USD (19 Aug 2019)
Background: We may see some "retracement" UP in a making to hunt the late SHORTS SL.
Target(s): 1.2245
SHTF: 1.1950-1.2 will be strong support regions.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on...
View On AUD/CAD (19 Aug 2019)
I am seeing a decent possible long set up in AUDCAD long, as the recent move of August can be considered Bullish.
You can tip and toe to get it in the position and I expect it can reach to 0.918 regions.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk...
First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume , Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
XXX/USD: Slight Bearish
Gold &...
View On ETH/USD (15 August 2019)
ETH is still under the downtrend. As long as it cannot break down below $221/$225, it can go lower toward $165 to $170 area.
DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading.
Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on...
View On Dow Jones (13 Aug 2019)
The recent rebound seems to get weaken around the region of 26,400.
So we can bias 26,400 to 26,700 region a good resistant region.
Overall, we shall stand on sligh bearishness. and of course, watch your risk too.
The nearest decent support region is 25,675.
DYODD, all the best and read the disclaimer too.
Feel Free to...
First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume, Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
XXX/USD: Mixed (EU is bullish while...
View On Gold XAU/USD (5 Aug 2019)
Did you follow our previous analysis?
We expected Gold shall be supported at $1,400 and resisted well at $1,450. It worked like a clockwork.
Is it luck?. Maybe not. We may use some tools that many traders do not know.
Anyway, Gold is in the strong UP tick momentum on early Monday and it is trying to break down the resistant...
View On YZJ Ship Building WTI Oil (22 May 2019)
Back Ground: YZJ is in the strong BEAR momentum since last late Apr. To me, it is more of reducing the excess fat rather than the full-blown sell down.
Now it is approaching a decent support region of $1.40 region. The next strong support region (region 2) is 1.20 to 1.30. I expect the price shall not go lower...
Updated View On USD/MXN (29 July 2019)
Will the history repeat itself on the potential upside?
It is very likely so. The previous analysis was a good one and it runs its course to the TP region.
Now it is 'range zone' again and likely to go up further.
It should go to 19.17, 19.30 again.
DYODD, Our trade analysis may not suitable to intraday (or) short...
