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Will DJI make another all-time high after Christmas?Dow Jones Industrial Average has been progressing to an unknown territory for the last few months. The index made an all-time high at 24876.07 on 18 December 2017 and due to the holiday season, the index did not move much this week. Investors like you may be wondering this pair's movement in the following week. From a technical outlook, the index is still in an uptrend. Based on our forecast, if the bullish momentum continues, we could potentially see the index testing 25000 and if this level were to be taken out, the next level would likely be 25400. On the other hand, if the bullish momentum is to pause for a while to enable traders to take profits, we could potentially see the index retrace to 24580 as our first target level, and if this level cannot provide the necessary support, the index could potentially be retraced to 24480. Good trading NinjaSingapore 23 December 2017 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment. Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance on the information in our research materials.
DJ:DJI
by NinjaSingapore
FTSE cleared the recent high of 7582. What's next?FTSE 100 had a solid green candle on 27 December 2017 when the market re-opened and it closed at 7620.70 which was above the previous high of 7582.90 on 7 November 2017. Investors like you may be wondering this index in the near term. From a technical outlook, it would appear that the index has a near-term bullish bias since it made the low of 7288.70 on 1 December 2017. Based on our forecast, if the bullish momentum continues, we could potentially see the index text 7660-7675 range and if the price surpasses this range, the index could potentially be testing the next level of resistance at 7790. On the other hand, should there be any retracement of the index, we will revisit the chart and provide our updated forecast to the downside targets when the index closes below 7582.90 which was the high on 7 November 2017. We have set an alert on 7582.90 and watch this index very closely. Good trading NinjaSingapore 28 December 2017 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment. Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance on the information in our research materials.
TVC:UKX
by NinjaSingapore
EURUSD is testing the one-month high of 1.1961. What's next?We have not looked at EURUSD for a while but it is time to take a look at the chart as it is on the verge of testing the high of 1.1961 on 27 November 2017. Investors like you may be wondering this pair's movement in the following week. From a technical outlook, this pair had been retraced from the high of 1.1961 on 27 November 2017 to the recent low of 1.1717 on 12 December 2017. Since then, it has made a U-turn to the upside. It would appear that there is a near-term upward bias on EURUSD. Based on our forecast, if the bullish momentum continues, we could potentially see this pair reach the recent high of 1.1961 and thereafter, it will face a strong resistance of 1.2030. On the other hand, if EURUSD could not take out the high of 1.1961, we could potentially see this pair retrace to 1.1870 as our first target level, and if this level cannot provide the necessary support, EUR/USD could potentially be retraced to 1.1840. We will monitor this pair closely and provide a further update on this pair when appropriate. Good trading NinjaSingapore 28 December 2017 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment. Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance on the information in our research materials.
by NinjaSingapore
Our Forecast of the next move of Ehereum - ETHUSDThe price of Ethereum 5.55% was subject to huge volatile move on 22 December 2017 when the price hit $460 being the low of the day. Investors like you may be wondering what the next move of ETHUSD 5.55% is. ETHUSD 5.55% opened at $680 on 23 December 2017, which is slightly above 50% of the price range of 22 December 2017. From a technical outlook, we are watching for the price action at $720 and see if the selling pressure continues. If the price of ETHUSD 5.55% surpasses $720, we will be watching the $780 level closely for the same reason based on our forecast. We will provide a further update on this instrument in our next forecasting report. Good trading NinjaTrader Singapore 23 December 2017 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment. Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance 0.82% on the information in our research materials.
COINBASE:ETHUSD
by NinjaSingapore
7
BTCUSD hit our Target of 16400. What's Next?In our last week's forecasting report on BitCoins, we forecast BTCUSD would potentially hit the target of 16,400 which it did today. We thus initiate a new forecasting reporting on BitCoins and see how the price of BTCUSD would potentially react next. From a technical outlook, the close of 26 December 2017 could not take out the high of the candle on 22 December 2017. This is important to note and hence, we are unable to issue an upward bias of BTCUSD confidently at this point. Investors like you may be wondering what BTCUSD's movement will be in the next few trading days. Based on our forecast, if the bullish momentum continues, we could potentially see BTCUSD reach the next resistance at 17780, and it were to be taken out, BTCUSD may potentially challenge the all-time high of 19666 occurred on 17 December 2017. On the other hand, if this bullish move is not sustainable and BTCUSD were to reverse its direction to the downside, we could potentially see it retrace to 14440 as our first target level, and if this level cannot provide the necessary support, BTCUSD could potentially be retraced to 13800. Good trading NinjaSingapore 27 December 2017 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment. Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance on the information in our research materials.
BITSTAMP:BTCUSD
by NinjaSingapore
4
Our Forecast of Hang Seng Index in the following weekHang Seng Index has been in a near-term uptrend since the beginning of December 2017. The question is whether HSI will close at 30000 by the end of next week. Please take note that the market will be closed for 25 & 26 December 2017 in observance of the Christmas Holiday. HSI made a recent high of 30,200 on 22 November 2017 and since then it went all the way down to 28135 on 7 December 2017. Investors like you may be wondering the price movement of HSI in the following week. From a technical outlook, the index has a near-term upward directional bias since 7 December 2017. Based on our forecast, if the bullish momentum continues, we could potentially see the index test the 29760 as the first level of resistance. If this level is clear, it is possible for HSI to retest the 30000 psychological level, followed by 30200 which is the high on 22 December 2017. On the other hand, if this move is not sustainable and the index were to make a U-turn to the downside, we could potentially see the index test 29140 as our first target level, and if this level cannot provide the necessary support, the index could potentially be retraced to 28950. Good trading NinjaSingapore 23 December 2017 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment. Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance on the information in our research materials.
TVC:HSI
by NinjaSingapore
EURJPY is in a range-bound mode for 3 months. Breakout soon?EURJPY has been in an uptrend between April and early Sep 2017 but since then, this pair has been in a range-bound mode. We were watching this pair closely and it gave us a potential breakout signal on 21 December 2017 but based on the price on 22 December 2017, it would appear that this potential signal did not work out. As you can see in this chart, EURJPY has been trading in a 310=pip range between 131.40 and 134.50. Investors like you may be wondering this pair's movement in the following weeks. From a technical outlook, we remain neutral on this pair with a very near-term bearish bias. Based on our forecast, we believe that EURJPY may potentially retrace to 133.50-133.80 range or even 133.20 level. We will watch this pair closely to see the reaction of EURJPY at these levels to consider initiating any long entry. On the other hand, if these levels do not provide the necessary support, we could potentially see EURJPY retest 129.40 which was the low on 6 September 2017. Good trading NinjaSingapore 24 December 2017 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment. Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance on the information in our research materials.
by NinjaSingapore
Our Forecast of the Price Movement of XRPUSD We have been requested to provide a forecasting report on XRPUSD, a crypto-X which we are not familiar with. What we attempt to do is to provide our report using the same forecasting techniques on BTCUSD and ETHUSD and our point is that regardless of what instrument we trade, the same techniques can be applied across the board. XRPUSD was merely 0.20 on 8 December 2017 and in 2 weeks, it had made an all-time high of 1.25. Since then, XRPUSD has been in red candles and retracing for a couple of days. Investors like you may be wondering this pair's movement in the following week. From a technical outlook, we do see potentially a healthy retracement is emerging after its solid move to the upside in less than a month. A Based on our forecast, we could see potentially the price will test at 0.85 as our first support level and if it cannot provide the necessary support, XRPUSD could potentially be retraced to 0.72. We will monitor the price of XRPUSD closely and see its reaction as these levels. On the other hand, if 0.85 level provides a strong support, we could see XRP potentially move to the upside with our first target back to the all-time high of 1.25 on 22 December 2017 followed by our second target of 1.50. Good trading NinjaSingapore 25 December 2017 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment. Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance on the information in our research materials.
BITSTAMP:XRPUSD
by NinjaSingapore
12
Is XAUUSD a dead cat bounce or what?Let's take a look at the price action of XAUUSD 0.65% and forecast its next move in the following week. This pair made a recent low at 1236.37 on 12 December 2017 and finished at 1274.75 on 22 December 2017. Therefore, this pair has potentially presented to us a short-term bullish bias. Based on our forecast, if the bullish momentum continues, we could potentially see XAUUSD 0.65% trade at 1285 level first and we shall watch the price of XAUUSD 0.65% very closely on its next move. Overall, we could see this pair make a series of lower highs and thus, the trend remains bearish. To constitute a change in trend, we need to see XAUUSD 0.65% surpass 1299.10 which was the recent high on 27 November 2017. If you have missed the near-term bullish move, we suggest that you wait for the price action indication at 1285 and 1300 levels. Good trading NinjaTrader Singapore 23 December 2017 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment. Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance 0.82% on the information in our research materials. Update idea
OANDA:XAUUSD
by NinjaSingapore
Will there be a year-end rally on AUDUSD?While lots of investors and traders focus on the recent price movement on BTCUSD and ETHUSD, and potentially other cryptocurrencies, we should not forget a potential pattern called year-end rally on AUDUSD. Of course, it does not work every year but historically, this pair has a year-end bullish directional bias. You can see that AUDUSD made a recent low at 0.7501 on 8 December 2017 and in less than 2 weeks, this pair has quietly made a 200 pip move, closing at 0.7714 on 22 December 2017. Investors like you may be wondering this pair's movement in the following week and whether the year-end rally pattern would push this pair to the upside further. Based on our forecast, we are watching the price action between 0.7730 and 0.7750 closely to see if there is any reversal of the near-term bullish trend. If the 0.7750 level were to be taken out, then we could potentially see AUDUSD test 0.7810, followed by 0.7898 which was the recent high on 13 October 2017. On the other hand, if the year-end rally pattern is not sustainable, we could potentially see AUDUSD fall back to 0.7600-0.7600 level. Good trading NinjaSingapore 23 December 2017 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment. Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance on the information in our research materials.
by NinjaSingapore
After the 40% drop in BitCoins, what's its next move?BitCoins 4.50% made a dramatic move to the downside on 22 December 2017. Investors like you may be wondering whether the price of BitCoins 4.50% ( BTCUSD 4.50% ) would continue to go down in the following week I am sure. From a technical outlook, BTCUSD 4.50% has been oversold and the move is too dramatic. So, there is indeed a possibility that the price will make a rebound from the low of 22 December 2017. Based on our forecast, we are currently watching the price action at $15,400 and see whether the sell-off pressure will resume. If BTCUSD 4.50% can surpass $15,400, the next level we are watching closely is $16,400, followed by $17,800. We will provide a further update on this in our next forecasting report. Good trading NinjaTrader Singapore 23 December 2017 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment. Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance 0.82% on the information in our research materials.
BITSTAMP:BTCUSD
by NinjaSingapore
3
Our Rationale of Forecasting Methods at NinjaSingaporeHaving been in this industry for more than 14 years, we have tried many approaches - trading indicators, price action, eye-balling techniques and ... many others you can think of. At the end of the day, we have found what works for us. 1. A clean chart that clearly shows a trend. An uptrend is defined as a series of higher highs and high lows. A downtrend is defined as a series of lower highs and lower lows. It's as simple as that. 2. If an uptrend exists, we wait for the price to come down to a certain level to initiate our buy stop order. If a downtrend exists, we wait for the price to go up to a certain level to initiate our sell stop order. 3. No matter whether it is a buy-stop or a sell-stop, we always set a stop loss and using the price range to determine the contract size of our position. 4. Let the trade do what it is supposed to do. There is no need to pray, wish, dream or hope. It's over. The market will either agree with you by giving you the profits or disagree with you by taking your money away as a loss. 5. Your job as a trader is to ensure you gain more than you loss so that overall your account will be green or black. 6. If you have a series of losing trades, which will happen for sure in your career (guaranteed1), you need to have a set of rules to help you clear your little voices in your head. In such cases, you may consider hiring a life coaching who specialises in clearing process to help you. Alternatively, if you know how to do 7-PATH Self Hypnosis, do it as it will help certainly. 7. As a rule of thumb, successful trading is 80% trading psychology (minimum) and 20% trading techniques or skills. 8. There is a ton of information in the internet for you to visit. Read and watch as much as you can and keep on doing it. This is a career or a business. You need to constantly feed yourself with useful and relevant information to trading. 9. I am not against hiring a mentor or a coach to help you expedite your trading success. Just beware of the black-sheep in the market as this industry does have a lot of scammers who are making their money by teaching others rather from trading. Good trading NinjaSingapore 24 December 2017
BITSTAMP:BTCUSDEducation
by NinjaSingapore
7
$PAY TENX midterm predictionsExelent fuyndamentals. extremely undervalued crypto. Ithas an exsiting working product very useful in the near future. it has completed its first market cycle and seems to be starting a new cycle. Most crypto OGs know well of this crypto its just under the radar because it has not been performing well in the last few months but given the 5 wave we are about to start I see this code in an accumulation period for the new cycle its about tp start. To the moon!
PLong
by galoandresjm
ETHEREUM CLASSIC (ETC) PRICE ANALYSIS AND FORECASTBullish, long-term consolidation pattern forming similar to the one we just witnessed in ETH. May take 1-3 months but the case looks bullish for price target of $35-40. As you can see in the chart, previous rallies traded 5.4+ x the 200 day moving average. Price is currently 1.46 x 200 day moving average, reducing risk substantially. Recommendation (not meant to be trading advice): keep some in the portfolio for the medium to long-term, buy in at dips (if possible) close to the 200DMA ($14.36). Looks like it needs further consolidation around $23-25 before a substantial breakout. Good luck.
BITFINEX:ETCUSD
by Saylo
2
ABC PATTERN IN EURAUD - 4H CHARTHey Traders, Just a re-analysis on this. Still looking for a sell to trade the C wave of this possible ABC pattern. Now it could start the impulse before expected (red). If you want to trade this look for a correction or a flag and sell it to the low at the end of Wave A. - Hola Traders, Simplemente un re-analysis en esto. Sigo buscando una venta para operar la Onda C del posible patrón ABC. Podría arrancar en impulso antes de lo previsto (rojo). Si queréis operar la venta buscad una corrección o una bandera para venderlo hasta el bajo en el final de la Onda A. Carlos
by ccerezo11
8