XXX/USD: Mixed (Both pairs are not in the same direction) Gold & Silver: Bearish (Silver is stronger bear) XXX/JPY: Mixed (Both pairs are not in the same direction) USD/XXX: Mixed (Both pairs are not in the same direction) Indexes: Bearish (HK and DJ are in the same direction) BitCoin: Bearish Trade Safe, s0nic
Our first Tgt of 25,900 region is hit. The problem is it rose too fast without forming proper bases at lower level, that makes it can crumble quickly as well. IF the crash of crypto get carried over to stocks, we will see more BEAR in the stock market too. Be nimble and tip-toe. Trade Safe s0nic Disclaimer: The information contained in this presentation...
We are still in the BULLish bias on the pair. It can go alot higher as there are tons of strong support at the lower level such as 154.5, 151.8 regions. Think twice before going to short, as there is no PA to support the bearishness as well. s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not...
Nice sell Down we had as expected. Our Shorts trades are in profit. I am expecting we can have more sell down to come. The first potential TP will be 1.152 and 1,14. Enjoy the ride. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in...
Now everyone know that USD is weak and we have FOMC in a while. The longer trend is DOWN for this pair, but it is good to expect the unexpected. We might have 1.238 region as a minor retracement. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk...
It is good to see the Nikkei index is doing exactly what we expected. It shall go to 22972, 22700 level. It has a better edge to stay on Short/Sell side right now. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities...
Now Nikkei has broken a hidden serious of 23,900 level. We now need to watch out 23,600 level strong and it can swing back down lower. Be careful though, WE ARE STILL IN OVERALL BULL TREND. 23,000 level will be a strong support. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not...
We have a rather strong sell down on Monday. It is true that we are still in an overall uptrend, but there might be a possible pull back too. I am expecting, it may pull back to a logical support level of 25,900 level. *Donald Trump will be speaking tonight. There shall be fireworks in the market. Trade Safe s0nic Disclaimer: The information contained in...
After a strong action, here comes a strong reaction. But I doubt it can retake the previous high. The weakness is in. It is likely to go lower. The next tgt will be 1.151 level. DYODD and all the best. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment...
BitCoin is the rangy mode and whatcha gonna do? This is what it is. The market bound to range 70% to 80% of the time. So, we need to patient till how the market unfolds later. Our analysis still holds! Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The...
I am still slightly bullish. We are still in the strong daily PA, and it will likely go above 0.8130 first to whip short traders first. No hurry to short just yet. I will talk about potential bearishness "only if" the price try to restest and break 0.803x regions. No break no short. Trade Safe s0nic Disclaimer: The information contained in this presentation...
XXX/USD: Very Bullish (Both pairs are in the same direction) Gold & Silver: Slight Bearish XXX/JPY: Slight Bearish (Bull has slowed) USD/XXX: Very Bearish (Both pairs in the same direction) Indexes: Bullish (HK and DJ are in the same direction) BitCoin: Bearish
We are seeing the potential swing back in EURCHF. Once 1.176 is broken, it can swing down to 1.1690 regions "fast" There are 2 disadvantages though, they are 1. We are still in overall bullish trend 2. Shorting CHF swap can be a killer. So, do take note of them and think it over. Trade Safe s0nic Disclaimer: The information contained in this...
There are 2 things you need to know. 1. USDCAD's "overall trend" is still pointing to the downside. So it is obvious that "shorting" this pair still carry a better probability 2. We have a nice Bullish looking candle in D1, it proved that there is an "immediate" trend momentum shift. So, if you looking for a potential quick swing back, you can consider going...
Ok. let talk about bitcoin. Did you follow our call on retesting of $9,998 level? Well, congrats. It is trying to break $10k level but it seems to be having a hard time. So, it may swing back up as a retest. I am no longer "bearish" for now, we may see $13,000 or beyond again. Trade Safe s0nic Disclaimer: The information contained in this presentation...
The dead cat bounce effect in BitCoin has slowered down. It is on the way to $9950 or even lower. US Gov Shutdown shall have a negative effect on BitCoin. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be...
I am seeing Aud is prime for a swing down as it has meet a strong resistant of 0.8030 level. It may go abit lower first. Anyway, I am seeing it is still in the uptrend in the longer term. For now, it can swing down to 0.7850 level. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not...
We have no doubt is USDJPY is in the downtrend and I think it will continue to do so. In the meanwhile, they may due for a nice rebound back after "sucking in lots of late short". It can swing back up to whip those shorts out first before it eventually drips down lower. I am slight Bear at the moment and I will rather stay patient before I decide to short. Trade...