JinDao_Tai

JinDao_Tai

6th December 2023 DXY: Consolidate along 104 resistance, break to upside, test 104.25, with resistance at 104.55 NZDUSD: Do nothing (middle of support & resistance level) AUDUSD: Sell 0.6575 SL 20 TP 50 USDJPY: Sell 146.70 SL 20 TP 60 GBPUSD: Sell 1.2575 SL 20 TP 50 (possible straddle) EURUSD: Sell 1.0745 SL 20 TP 85 USDCHF: Sell 0.8735 SL 20 TP 50 ...

JinDao_Tai

4th December 2023 DXY: Retest 103.65 (trendline) before trading lower, needs to break 103 support to reach 102.50 NZDUSD: Buy 0.6235 SL 20 TP 65 AUDUSD: Sell 0.6610 SL 20 TP 85 (RBA decision pending) USDJPY: Possible retracement, Sell 147.15 SL 30 TP 100 GBPUSD: ranging, Buy 1.2625 SL 25 TP 90 EURUSD: Sell 1.0820 SL 20 TP 50 USDCHF: Buy 0.8785 SL 20 TP...

JinDao_Tai

1st December 2023 DXY: Consolidate around 103.30-103.50, look to break lower to test support 103 NZDUSD: Sell 0.6125 SL 20 TP 40 AUDUSD: Sell 0.6620 SL 20 TP 50 (Look for retracement to complete) USDJPY: Buy 148.70 SL 30 TP 100 GBPUSD: Straddle Buy 1.2660 SL 30 TP 60 Sell 1.2610 SL 20 TP 60 EURUSD: Sell 1.0880 SL 20 TP 50 (hesitation at 1.0860) USDCHF:...

JinDao_Tai

30th November 2023 DXY: Needs to stay below 103 resistance, Break down from bearish pennant, to test 102.50, below that, 102.10 NZDUSD: Buy 0.6190 SL 25 TP 70 (hesitation at 0.6220) AUDUSD: Reaction at 0.6665 Double Top: Sell 0.6610 SL 20 TP 60 Continuation: Buy 0.6675 SL 20 TP 50 USDJPY: Sell 147.65 SL 30 TP 150 (hesitation at 146.80) GBPUSD: Buy 1.2670 SL...

JinDao_Tai

29th November 2023 DXY: Retrace to 102.90-103.10, wait for retracement to complete, price below trendline, rejection can see price test 102.50 NZDUSD: Buy 0.6165 SL 25 TP 55 AUDUSD: Sell 0.6610 SL 20 TP 55 USDJPY: Sell 147.20 SL 30 TP 112 GBPUSD: Buy 1.2740 SL 20 TP 45 (wait for retracement to complete) EURUSD: Buy 1.0975 SL 20 TP 65 USDCHF: Sell 0.8790...

JinDao_Tai

28th November 2023 DXY: Watch out for 103.30, price below trendline, retest 103 support, and head lower to 102.80 (beyond trendline, could rise to 103.60) NZDUSD: Sell 0.6080 SL 15 TP 35 (RBNZ decision in mind) AUDUSD: Sell 0.6580 SL 20 TP 55 (CPI data) USDJPY: Sell 148.50 SL 30 TP 112 GBPUSD: Buy 1.2650 SL 20 TP 80 EURUSD: Sell 1.0920 SL 10 TP 25...

JinDao_Tai

27th November 2023 DXY: Look for reaction at 103.20 and 103 round number support. Could consolidated along key support level. NZDUSD: Buy 0.61 SL 20 TP 30 AUDUSD: Buy 0.6630 SL 20 TP 90 USDJPY: Sell 148.60 SL 30 TP 125 (hesitation at 148.15) GBPUSD: Buy 1.2660 SL 30 TP 65 EURUSD: Sell 1.0950 SL 20 TP 55 (dxy strength scenario) USDCHF: Sell 0.8790 SL 20...

JinDao_Tai

Although the standard setting for the RSI is 70 (overbought) and 30 (oversold), I prefer to adjust the levels to 80 and 20. The purpose of this is to identify the extremely overbought/oversold regions. In addition to adjusting the levels, I would pay attention to the chart when the RSI enters in the overbought/oversold region (but would hold back on entering a...

JinDao_Tai

The Relative Strength Index (RSI) is a popular momentum oscillator used in technical analysis to identify overbought or oversold conditions in the market. The RSI is measured on a scale from 0 to 100, RSI values above 70 are often considered overbought, suggesting that the price may be due for a reversal or pullback. RSI values below 30 are often...

JinDao_Tai

23rd November 2023 DXY: low liquidity, retrace to just below 104 resistance (breaks 103.50 could drop to 103.20) NZDUSD: Sell 0.6040 SL 20 TP 40 AUDUSD: Sell 0.6580 SL 15 TP 60 USDJPY: Sell 148.65 SL 30 TP 130 (hesitation at 148.15) GBPUSD: look for reaction at 1.2550 (straddle opportunity) EURUSD: Sell 1.09 SL 20 TP 47 USDCHF: do nothing USDCAD: Sell...

JinDao_Tai

22nd November 2023 DXY: continued recovery in strength to 104 resistance level, could consolidate there. NZDUSD: Sell 0.6030 SL 30 TP 80 (possible hesitation at 0.60) AUDUSD: Sell 0.6510 SL 20 TP 40 USDJPY: Buy 149.20 SL 30 TP 70 GBPUSD: Buy 1.2565 SL 30 TP 65 EURUSD: completion of retracement to 1.0928 Sell 1.0920 SL 15 TP 40 USDCHF: Consolidating at...

JinDao_Tai

On November 21, the price of BNB surged to a five-month high of $274. The intraday surge in BNB, however, was swiftly undone when more details on the DOJ's settlement with Binance became available. Changpeng Zhao (CZ), the CEO of Binance, will enter a guilty plea on charges of breaking criminal anti-money laundering regulations. In addition, #binance will admit...

JinDao_Tai

21st November 2023 DXY: look for reaction at 103 round number support, broken, could trade down to 102.80 NZDUSD: Buy 0.6080 SL 25 TP 50 (possible hesitation at 0.61) AUDUSD: Buy 0.6640 SL 25 TP 80 USDJPY: Sell 147.10 SL 30 TP 100 GBPUSD: Could consolidate, look for breakout, Buy 1.2565 SL 25 TP 70 (needs to stay above 1.25) EURUSD: completion of...

JinDao_Tai

20th November 2023 DXY: consolidate between 103.50 and 103.70, anticipating further downside to 103 support. NZDUSD: Reaction at resistance of 0.6050 Buy 0.6060 SL 20 TP 70 Sell 0.6030 SL 20 TP 80 AUDUSD: Buy 0.6540 SL 25 TP 80 USDJPY: look for the completion of retracement, Sell 148.85 SL 20 TP 50 GBPUSD: Sell 1.2460 SL 30 TP 70 (double top...

JinDao_Tai

17th November 2023 DXY: needs to break 104.60 (38.2), to continue retrace higher to 105 to 105.20 (potential for more upside) NZDUSD: Sell 0.5920 SL 20 TP 50 AUDUSD: Sell 0.6450 SL 25 TP 60 (hesitation at 61.8% 0.6420) USDJPY: Look for reaction at 15.30, bounce then Buy 150.70 SL 30 TP 70 GBPUSD: Sell 1.2370 SL 30 TP 60 EURUSD: Sell 1.0815 SL 25 TP 50...

JinDao_Tai

16th November 2023 DXY: needs to break 104.60, to continue retracing to 104.90, look for rejection to continue trading lower. (stay below 105 for bearish sentiment) NZDUSD: Sell 0.5970 SL 20 TP 70 (hesitation at 61.8%: 40pips) AUDUSD: Sell 0.6465 SL 30 TP 50 (H&S) USDJPY: Do nothing, look for reaction at 151.80 GBPUSD: Sell 1.2370 SL 30 TP 60 EURUSD: Sell...

JinDao_Tai

15th November 2023 DXY: retrace to 104.50, weaker retail sales number, continue down to 103.60 NZDUSD: Buy 0.6055 SL 20 TP 80 AUDUSD: Buy 0.6540 SL 25 TP 80 USDJPY: Sell 150.50 SL 25 TP 85 GBPUSD: Buy 1.2440 SL 30 TP 90 EURUSD: Sell 1.0840 SL 30 TP 70 USDCHF: Sell 0.8880 SL 20 TP 45 USDCAD: Buy 1.3650 SL 20 TP 100 Gold: Break above resistance...

JinDao_Tai

14th November 2023 DXY: Break 105.55 to trade down to 105.30 (61.8% fib retracement level) NZDUSD: Buy 0.59 SL 35 TP 100 (hesitation at 0.5950 61.8% fib retracement level) AUDUSD: Sell 0.6340 SL 20 TP 50 USDJPY: Sell 151.50 SL 30 TP 60 GBPUSD: Buy 1.2315 SL 40 TP 100 EURUSD: Look for reaction at 1.0725, Buy 1.0730 SL 15 TP 35 USDCHF: Sell 0.90 SL 20 TP...