JICPT

JICPT Updated 

This is a range trade.

JICPT

Overall trend is down and I personally refined zones on the 2H based on daily chart. It's a high probability setup...However, if I'm wrong I will look for short setup inside the main control zone. If main control zone get violated, then I will reckon that the down trend has been terminated. I will focus on long setups, e.g. pull back long setups. That's my...

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I'm keen to pullback setups cuz I realized that my winning ratio is higher compare to breakout setups. Everything has two sides, breakout plays with momentum with bigger risk. pullback trade is relative safer with higher probability of missing the trade. My setup is based on control low, momentum and structure...

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It seems the new covid-19 triggered sell-off today! GBP plunged, with crude oil, stock index and the safe haven asset gold? So, are you scared? From my side, the answer is absolutely no! Fundamental analysis : 1. Fed is still buying assets in the market via OMO. That the main driver that pushed market up since March. Fed won't stop it until economy fully...

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This is a momentum setup. Chart is clean and clear.. My view of the direction is correct but missed is several times. Actually, I got setups on 5m and even 1m which are not able to share here. Hopefully I can catch it this time on the 60m.

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The divergence btw price and RIS indicate losing the momentum of going to the upside Much room to go down. I got two setup plans on the daily basis. 1. long at the pullback around 5910-5840, RR above 5 2. if price for some unknow reasons penetrate the level of 6463-6522, say with big green candles, then long at the pull back at the flip zone

JICPT Updated 

That's right! My previous 'Two short setups of Bitcoin on 2h chart' ended in failure. After reading some research paper, I found out that bitcoin is not what it used to be. Now, it's regarded as the must-have asset by professional portfolio managers. So I would be cautions to recommend short setups. As price created a new higher high, I came up with this bullish...

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Hopefully, the reason I listed is clear! Feel free to ask questions.

JICPT Updated 

I marked the zone on the daily chart with entry reasons. Basically, the uptrend is so good that the drastic drop will create buying opportunities. I check the Fed OMO data and they are still buying... So the drop won't be a big issue now at least. For future trading, it's a wide zone.. You can refer it as trade setup for QQQ(a Nasdaq ETF).

JICPT Updated 

Fundamental Analysis: Disney is hit by covid-19. However, the recent vaccine news did help the business to recover and even paved the way to the future growth. Technical analysis: The stock is pretty strong, not far from the historic high of 153.3. My proposed entry zone is the flip zone as well as the key fib level of 50% Momentum plays. RR ratio is good!

JICPT Updated 

I applied my duo MA system on the weekly and daily chart. Zone marked on daily looks fine for me. RR is good.

JICPT Updated 

Please refer to my previous analysis as mentioned in the link. The entry and stop zone is not wide, so risk can be well managed.

JICPT Updated 

Technical Analysis: 1. Momentum is strong and the Daily control high got violated 2. Nice & clean 4H zone, confluence with Fib 3. support from the weak USD

JICPT Updated 

Reasons to buy : 1. Oil is clearly in the uptrend on my weekly & daily chart indicated by my duo MA system 2. Previous flip zone of 42.3ish has been firmly taken out. That's my odds enhancer. 3. 2H bullish setup is actually refined based on the daily demand zone. Fundamentals: 1. With vaccine being distributed in UK and States, it's much more clear that...

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It's a bullish setup on 1H. Stop loss is small compared to target.... It's a hit-and-go trade!

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Overall trend is still up and the pull-back give us a good opportunity to long. I would be careful if the lower low is created. Until then, I will be bullish.

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USD is really the anchor which affects so many assets. Forex: needless to say! USDCNH, GBPUSD.... Commodities: normally, USD has negative correlations with those. e.g. gold ,silver. I've marked key zones on monthly, weekly as well as the daily chart. After breaking the previous low, I don't see any sign of reversal yet. In addition, the weak job data may...

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I will pay close attention to the price move as this is the bottom of the range. Frankly speaking, I will long but don't see any bullish signal here. What I wanna see for the bullish setup: 1. recent control low being taken out(marked in yellow color) 2.bullish trend shows up in the smaller time frame, such as 60m, e.g. rally-base-rally or other bullish...