syazwan001

15:10

syazwan001

I used the built in Auto Fib Retracement and Auto Fib Extension tools by TradingView to plan my TP and entry according to the direction of the placement of the fibonacci. This simple strategy is good for quick scalping in most securities and commodities. This is my first time posting video idea of live trading. Let me know what strategy you use in the comment....

syazwan001 Updated 

It's no surprise that the oil market is as volatile as ever, following the ongoing trade war saga between the US and China. Yesterday, OPEC has released their report on future outlook of the market demand for the rest of 2019, which is BEARISH. They are helpless as demands are dropping, and the US shale supplier keep on continuing to pressure the price with...

syazwan001

Simple comparison between the two, we can see this correlation happened twice in recent times. With bond yield attempting making lower highs and lows, we can see US500 index are starting to rise up from the ashes. Targeting 4000 for US500, US10Y at 3% in a month or two, before some BS news gonna pop and kill the rally for the equities. Recession is inevitable...

syazwan001 Updated 

Lengkap sudah mengikut target fibo long. Akan membuat retracement (refer fibo short warna merah) sebelum sambung naik ke 57$

syazwan001

The arrow in the chart represent potential direction of CL in coming week and will reach a fork in the road. If break mid channel, it will descent towards lower channel of 58$ area; and if instead bounce nicely, it will continue to find the upper channel and make higher high and reach 61$ area