i_am_siew

i_am_siew

The SELL signal was triggered yesterday. The price stayed below the threshold, which equals confirmation. The R/R is good - remember the priority here is the BIG fish. Good luck.

i_am_siew

What about XAU? Many would be asking. From a harmonic point of view, I can see price is weakening. Even with a push by BUYERS, it would only reach the banana, which is BELOW the previous high at the blue line. So, the plan is that when it reaches banana, a SELL is possible with SL just above the blue line. In this way, we have a higher probability of success,...

i_am_siew

No, it is not me saying. It is the : a) trendline b) the D, d, and f c) the price pattern All converging at the same point @ 1.0930 Get your money ready. Good luck.

i_am_siew

Price is stalling at the D @ 108,800 for some time now. I think it is not because of a lack of demand. Just that there is no one selling. Owners prefer to keep the limited supply. Buyers are unwilling to chase after the few available at a higher price. We have a stalemate. In 2022, to break this stalemate, price needs to drop, with sellers taking a profit and...

i_am_siew

Since we are now expecting a delay in the FED cutting, there will be plenty of liquidity to spice things up. The 'D' @ yellow had worked once before and since it has been 'used up' , its potency had been somewhat reduced. But have no fear/worry, there would always be more 'D' ahead. The next one at 6,800 Good luck.

i_am_siew

Today looks like a good day. Price is weakening. Confirmation by the end of this day should be good with price BELOW the POC. Good luck.

i_am_siew

Life’s a ride of highs and lows, A dance of joy, a tide that flows. Up we climb with laughter bright, Down we sink in quiet night. Mountaintop or valley deep, Moments swift or slow to creep. Sunlit days will surely shine, Storms will pass—just give them time. Up again, we spread our wings, Chasing dreams on hopeful strings. Down once more? That’s alright...

i_am_siew

The chart above explains. Price is in a hurry. Looks like time is limited. I think the snap-back would be a quick one. Looking good judging the 10Y and 30Y movement now Good luck @ 94.65

i_am_siew

Most of us read books on FX trading, hopefully, we can pick up something new, something useful. All the books I had read to date are not useful. I think common sense tells me to forget about them. But lucky me, I think one book stands out. Written by a nobody. But the method is quite original. His name is Gabriele Fabris. I bet none of you have heard of him or...

i_am_siew

Seems like it is very tempted to SELL now. I do not think today is the day. Maybe next Monday.

i_am_siew

Just a follow-up reminder of what was shared on 18 May. Price is moving as anticipated - soon to enter the blow-off zone. Be careful. Be bold. Over on the EURUSD - what can we expect? Actually, I can see that the price is also moving along - a bit challenging to know when to move in, until ......... Good luck.

i_am_siew

Looking at the chart, it was earlier anticipated that price will go to the DOUBLE F/f. However, I think there was a change in direction - a possible pivot now. This week's high @ 1.1419 should be the top. The previous yellow 'd' should be the turning point. Probably all the way down to support at 1.0500!!!!!! Good luck.

i_am_siew

.....if the MARKET MAKER tells us exactly what they are up to? Or at least drop a hint. I mean, if looking at the chart in a certain way can show us when they decide to PIVOT! Some may rely on candlesticks, patterns, or indicators. However, from my experience so far, they are not good enough at predicting a pivot. Even the usual AB=CD had its limitations. If...

i_am_siew

I like to look at this chart. It seems that price do repeat itself by the look of it. It failed the second time because instead of falling, it went up. This is now the 3 cycle in this pattern. As we can see, this time around price is in a hurry, the slope is quite steep. Price had just completed 5 and is now on the way to 6. A closer look at the time indicates...

i_am_siew

Where - according to the F This is a continuation of the previous SELL idea. This time, we go into the details, where we can actually see price action moving in lock-step. Lets make lots of money. Please keep the SL tight. Good luck.

i_am_siew

S&P in 2011 Fitch in 2023 Now Moody downgraded it from AAA to Aa1 The reason is clear. The market thinks debt and interest payments are not sustainable for the US, Europe, Japan, and elsewhere. Bottom line: Nowhere is safe. No government bond is safe. If it keeps climbing, above 5.25%, the Fed will have to act. The only way is QE. However, this time US will...

i_am_siew

So far, I have been writing about playing the D - The D is he final point in the price movement, something which we ANTICIPATE. What do we anticipate? We anticipate a REVERSAL. In simple terms, we trade 'opposing' the trend. Why? The explanation is simple - Buy when Low. Sell when High. Once the complete structure is complete, then we have a clear picture of...

i_am_siew

The chart above explains. Trendliners are very excited now. Price is touching their fav line - hahaha I am not concerned about trendlines. But you know what I am actually looking at. Good luck.