Read news here It is likely to consolidate for a while and hopefully it breaks out of 2.12 resistance line so we can take a long position.
The USDSGD has peaked on 13th March at 1.46 and has since tumbled down 7% to a low of 1.356 on 1 Sept 20. It has just broke out from the bearish trend line and I believe this is a great opportunity to go long once more and ride it to 1.40 and then 1.42. You can see the risk is pretty low as if the market moves against us by returning the price back to either the...
Read latest news here This candle that I highlighted is crucial as it sits in between the bullish trend line of HSI. This doji candle signify indecision amongst the buyers and sellers. Either side can be winning to lead the momentum for which now we do not know what the outcome is. We also see some support at 24,130 which in the short term, we might see HSI...
A follower who likes to punt HK stocks asked for my views on this stock - 530. It went up the roof today with a 75% jump! Who wouldn't want to see their shares make this kind of profits,right ? So, I shared with him that I would not be keen on this stock not because I don't want to make such profits but my lack of skills and precise timing would be a hindrance...
Listen to what the bear experts say h ere and here . Be it long or short positions, the bigger your warchest and with just 1% up or down to your favor, you can make a killing in the stock market. That is why for retail traders and investors like us, we must not follow the strategies of the big boys completely. That is, with limited capital (think of your...
Sometimes, I am fascinated by the kind of courses/workshops that are peddled online. There is a vendor that claims email marketing is the way to make big bucks, while another E-commerce expert claims he has made 9 figures income,etc. I had done some brick and mortar businesses without much success. It was stressful, really. You have to worry about finding...
The irony of trading and investment is we are afraid to lose money in this game. So the quest for better and more advanced indicators, subscribe to more indepth reports, update yourself in nanoseconds with the latest news and watch the gurus like a hawk in what they says or do. On the other flip side, if we are good or lucky as some would say, we are now faced...
Listen to what the bear experts say h ere and here . Be it long or short positions, the bigger your warchest and with just 1% up or down to your favor, you can make a killing in the stock market. That is why for retail traders and investors like us, we must not follow the strategies of the big boys completely. That is, with limited capital (think of your...
For the last 3 months, CAC 40 has been consolidating at the range , 4750 to 5166. With the latest stimulus , I expect the price action to break out of the box soon. I will consider a short term trade once the breakout happens.
Let's wait for the pullback to happen, find a nice bullish candle signal before initiating a long position. Note that breakout does not means it must rides it way up. It could goes up a little before tumbling down to the support at 17.42. This support is crucial for the bullish continuation pattern.
Read latest news here and here
If you have missed the first short opportunity, fret not. Here is another selling opportunity. In the world of forex, many things can affect the currency prices. Some are saying the recent China- Australia tension is causing the tumble while others believe it is a healthy correction. Read more articles here .... How a country handle its political leadership...
1. EURUSD is still riding on the bullish trend. It faces a resistance at 1.19223 since July 20. This accumulation phase will soon be over when it breaks out of the resistance level. 2. DXY has to break out of 93.26 to signal that EURUSD bullish trend is over. I doubt it will. This will be a 3rd rejection at the bearish trend line. You can go to the smaller time...
Over the weekends, I received several enquiries on Gold, Silver, Bitcoin and a few stocks. I will do my best to provide my analysis here. On 27/7/20, Gold breaks out from the 4 years long bearish trend and surpassed the 1922 price level. It went to a high of 2076 on 7/8/20 before it starts to tumble down, creating much confusion and anxieties among the gold bulls...
WO HAI NENG ZEN ME BAN? Not sure if some of you guys can read the chinese words above ? It literally means, what else can I do? "These words came from a Ms Zhong , a housewife with 2 kids that is constantly being abused by her boyfriend. A few times, she was physically abused and sent to the hospital but still refused to report him to police, choosing to side...