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ASIA

ASIA UJ 618 LIMIT ATRLast call for UJ shorts going once, going twice... Playbook Setup: 618 Sell Limit Active Probability of Success: 50% Last entry for Asia session and it lines up with our bias from prior playbook setups (although we try to treat each and every opportunity independent of other ones). KEY POINTS - Maximum risk exposure met(3R) for ASIA so we will set SL and TP orders and check back in during London. - Be aware as a trader and risk manager that this is a game of probabilities and there is a very real probability that when we check back in during London, we may be down 3R if all trades go to shiiiiish... In this instance, the worst-case scenario is accepted (psychologically) so therefore we have entered the last position of the night and will be clocking out as soon as this idea is posted Our job here is done, the rest is on the market. May the odds be ever in your favor
Short
by USA_Capital_Funds
lets talk about a broader turn around in technologytechnology has led the market down. semiconductors have led technology. this stock has exhibited particular rate of change and other bullish volume based oscillations. bil williams ma, vwma, ema, trama as well as displaced ma are also bullish along trend lines. this leads me to a swing vased strat for continuation following the concordant supports, resistances and resulting ghost feed. this goes for stock like NVDA, and the broader market too. i am selling as spx approached 4035-4037, and i am hedging on pullbacks in taiwan semiconductor by buying SOXS and scalping for a few pennies at a time. im long the broader market with TQQQ on breaks of resistance or support on daily higher lows.
NYSE:TSMLong
by cerealpatterns
The USDCNH/USDCNY move was extraordinaryAs the Chinese economy was slowing even before the lockdowns, the strict lockdowns put a lot more pressure on the CNH/CNY. This created a huge divergence in the policies of the Fed and PBoC, as one was hiking and the other was cutting. For quite some time the USD was going up against most currencies, except the CNY... until one day the market fully reversed and rallied much higher. By looking back to the USDCNH price action over the last decade, we can see that the two times we got such huge rallies, the market initially pulled back, and then went higher. Now when we compare the duration of those rallies, their magnitude and how overbought the market got by using different metrics, they all look fairly similar as a whole. For example the first one from 2015 was longer and slightly larger than the current one, but the initial leg was brutal. The second one from 2018 was the largest and quickest, however the market wasn't that overbought and the move made more 'sense'. Therefore this move has the potential to be just like the previous two. In the short term I could easily see USDCNH trade back to 6.53-6.58, but my long term target is above the 7.2 double top. The same way the double top around 7 broke and the market went to 7.2, I expect the market to go above the 7.2 double top. No idea where could it top, but it is possible that we get a prolonged bull for USDCNH.
Long
by BitcoinMacro
NIkkei 225 10 year ProfileBOJ intervened for the first time since 1998, to prop up it's the YEN, with some speculation they likely sold a lot of their massive reserves of long end (10-30 year) US T Bills to buy back the Yen. This hypothesis appears supported by the lack of short end yield movement at 4-5a, EST at time of BOJ intervention announcement late last week. Of note in this chart are: - Almost a decade long volume profile aligned with vPOC at 382 retrace. - Structure of current price action seemingly mirroring the covid structure as represented by the fractal in light blue above.
OANDA:JP225USD
by Linneaus
1
Better days for Coal India ahead!This stock is often overlooked It is a part of Nifty-50, and major weightage in Nifty-Metal Index as well. It seems it is time that we get our eyes on this counter again The line drawn in the chart is a regression line for Coal India. It is downward sloping currently. But notice that price has closed above the regression line on the weekly charts. If we see the last 4 candles on weekly charts, we observe this:- - All four are green candles - Body-size of candles in increasing (getting larger and larger) Bollinger band expansion bodes well for the stock in the near term. Volume: If we see the past 2&1/2 -3 years volumes, they have been much higher as compared to the periods prior to 2018 Another way to convey this volume strength is that "long-term volume averages are at/around lifetime highs" Recent Coal Shortages, elevated coal prices, prevailing inflationary trends are also tailwinds for the stock **************************************************************************************************************************************************************** ABOVE VIEWS ARE PERSONAL. PLEASE CONSULT YOUR FINANCIAL ADVISORS BEFORE INVESTING I AM NOT A SEBI REGISTERED ADVISOR ****************************************************************************************************************************************************************
NSE:COALINDIALong
by Samyak_Shah
USDJPY IN A BULL ADVANCE - ELLIOTT WAVE ANALYSISHi Elliotticians, USDJPY is trading impulsively bullish on the hourly time frame. I am tracking a bigger, five-wave move, where price is currently unfolding a wave 3 of this move, and its five-wave sub-structure. Wave 3 can be in final stages, as latest recovery from 124.76 lvl. can already be labelled as sub-wave v of 3, with Fibonacci projection targets of 1.618,2.0 and 2.618 Fib. target, which is an extended target for a black wave 3. Ideally price will start to slow down around the 126.38/126.84 area, also area where the upper parallel channel line can react as resistance. A sharp, impulsive reversal would suggest a completed wave 3, and a wave 4 correction to be underway. A break below the lower parallel channel line would suggest a deep wave 4 pullback to be unfolding, with support at the 124.76 lvl.. Trade well.
by Gravity33
Buy Modern Dental HK$3.4 Target Over HK$ 7.5Good Day Fellow investors! When looking for a company that is 1. Globally Diversified 2. Highly undervalued from a free cash flow perspective 3. Has decent growth potential (Over 10%) choices are limited! However Modern Dental does meet all of these criteria.. 1. Revenues are globally diversified with about 35% coming from Europe 25% USA and 40% Remainder of the world including a larger and larger share coming from mainland china. 2. Trading at about a P/E Ratio of 9. EV/EBITDA about 6. Free Cash Flow yield of about 15%. 3. Growth outlook is great. Chinese revenue grew at a rapid pace over the past couple of years but the outlook is even better. I am loking at this from a long term perspective and believe we can easily trade at HK$ 7.5 over the next coouple of years (And likely even sooner)
HKEX:3600Long
by kavijh