Hong Kong Stock Index (The economy is in BAD Shape)View On Hong Kong Stock Index (6 MAY 2020)
HK economy is in the bad shape and it has yet to reflect accordingly in the stock markets of it.
We are seeing some bounce up from 23,500 regions and expect it shall be short-lived.
As long as the price can't break up the resistant region of 24,250-25,000 region, HSI index will go alot lower soon.
The support level shall be 23,400 and 22,800 and beyond.
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Sonicrmastery
Weekly Momentum On Major Pairs (Week 20/2020)First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
XXX/USD: Slight Bearish
Gold & Silver: Mixed
XXX/JPY: Mixed
Stock Indexes: Mixed
BitCoin: Very Bullish
Copper XCU/USD (The Return of the Copper Demand?)View On Copper XCU/USD (27 APR 2020)
We had a strong pull back on COPPER price and now 2.20 region has proven to be strong support.
It shall climb higher soon and it should swing easily to 2.4/2.58 and 2.63 regions.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
EUR/JPY (It is about to go a lot LOWER)View On EUR/JPY (6 MAY 2019)
We have been bearish on EUR for quite some time and we expect Euro is about to go a lot worse.
It may not go down the straight-line fashion but as lower high and lower low wave pattern.
114.5x level shall be within reach.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
SIA SGX Stock (Down Trend Since 2008)View On SIA (5 MAY 2020)
Uncle Warren said, he has offloaded all the airline stocks under his portfolio.
Upon looking at the SIA counter, it is already on the decline since 2008 and it may be already very near to the bottom.
From the TA point of view, we are seeing $5 as a decent support level. The price may find it footing there and can launch some bullish swing back movement.
If the swing back occurs, it can go to $6.6 - $7 region. Just be careful.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
USD/JPY (Bouncing OFF from a double bottom)View On USD/JPY (16 APR 2020)
We are seeing a resurgent of USD recently and this pair is turning bullish at the same time.
It is bouncing from a nice double bottom with a "W" pattern.
As a retest at least, we expect it can swing back up to 108.6 regions for now
Do not short at this moment.
Let's see,
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Weekly Momentum On Major Pairs (Week 18/2020)First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
XXX/USD: Slight Bullish
Gold & Silver: Slight Bearish
XXX/JPY: Mixed
Stock Indexes: Mixed
BitCoin: Very Bullish
German Stock Index DAX (People Lose Jobs and The Market Rises)View On German Stock Index (17 APR 2020)
Now it is using 10,000 regions as a rebound period and 10,800 should be an achievable target.
But it is good to see the potential flip side too, if there is any swing back, 9,500-9,700 region will be strong support.
People Lose Jobs and The Market Rises. Btw, it shows that the Stock Markets are no longer the barometer on the health of the economy.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
WTI Crude (Mind Your Swap, Mind Your Head)Updated View On WTI Oil (13 APRIL 2020)
Finally, the omen (MAY contract) is over.
It is still under STRONG DOWNTREND.
Please mind the crazy swap that you will need to pay before you open any new trades.
To turn bullish, we need a decent bullish candle and it is not appearing just yet.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Weekly Momentum On Major Pairs (Week 17/2020)First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
XXX/USD: Slight Bearish (Dollar Shortage still persists?)
Gold & Silver: Bullish (the momentum of Gold is strong while Silver is mixed)
XXX/JPY: Mixed
Stock Indexes: Slight Bearish
BitCoin: Bullish
Hong Kong Stock Index (The Ghost Of the Past is Showing Up)View On Hong Kong Stock Index (21 APR 2020)
We are seeing weakness in HSI.
It can swing down to 23,000 region
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Crude Oil (OPEC Cut Output, Horray?)Updated View On WTI Oil (13 APRIL 2020)
Now every trader aware that the oil output cut is confirmed by OPEC over the weekend and the Oil price is about to go the MOON, right? Not quite. We outta look deeper into what is going on. Trading can't be that easy.
As per the EIA data, the drop on the Global demand is on average -35 million barrels per day due to the lockdowns around the global cities.
But, what is the cut the OPEC just agree on? It is a mere -9 million barrel per day.
So, do you think the OPEC cut is enough for the Oil price to stage 180' reversal? I do not really think so. They should have cut more.
Crude Oil is "still" in the "Buyer" Market where the sellers are desperately looking for buyers.
We may be the road of recovery for the crude oil price since Oil "already" crashed from $60 from $20 in a span of 4 months.
I am only SLIGHT BULLISH on OIL, there will be strong pullback along the way such as retesting of the recent low while $30 will be one heck of resistant.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
SembCorp Marine (The Bottom is NEAR)View On SembCorp Marine (25 MAR 2020)
This counter is in free fall recently as it can be pretty related to Oil production.
Currently, the price has hit the upper band of multi-year support region from $0.45- to $0.69 and making a decent bounce.
It may fall back to the region again once this hope rally frizzle out.
Summary: Too late to short, and go Long slowly.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
Dow Jones US Stock Index (Creating a Higher Low!)View On Dow Jones (15 APR 2020)
As we expected in the last 6 Mar, this index has reached 23.5 regions and we can say, it is currently at a strong resistant region.
So, there is likely going to a pullback, possibly toward 22,750 regions for now.
Overall, as long as 21,000 regio hold, we can say it is still in UP trend.
Let's see.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Weekly Momentum On Major Pairs (Week 17/2020)First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
XXX/USD: Mixed
Gold & Silver: Mixed/Neutral
XXX/JPY: Slightly Bearish
Stock Indexes: Slight Bullish
BitCoin: Slight Bullish
NASDAQ (It can climb higher first)View On NASDAQ (31 MAR 2020)
It is in quick rebound and it can last for a while.
7,500 level has proven to be a good support region and it shall up that region as a launching pad for further upside.
8,150 region is in the striking distance and it "might" even go to 8.400 regions.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Gold XAU/USD (Going Sideways Before the next Break Out)Updated View On Gold XAU/USD (8 APR 2020)
Gold is taking a breather after 2 days of strong movements.
This is how the market confuses the traders.
It is no longer bullish nor not exactly bearish.
Anyway$1,680-$17,00 will be strong resistant while $1,620-$1,640 will be strong support.
Let's wait and see.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Weekly Momentum On Major Pairs (Week 16/2020)First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
XXX/USD: Slight Bullish
Gold & Silver: Very Bullish
XXX/JPY: Very Bullish
Stock Indexes: Very Bullish
BitCoin: Bullish
Week 16 (11 APR 2020)
Enter on re-entry following this bearish markdownHey traders!
If you have been following my previous sentiments, I have identified that the bull rally from last Friday till earlier this week was probably temporary as multiple accumulation points was seen above key SR. If you have been loading short entries along with me between 109.30 to 108.80 , that's awesome!! Following this trade, we can start reloading shorts along re-entry points when the candle retraces and touches the dragon line and ride the wave. TP level should be around 106.440 according to the 61.8 fibo support line. Shall update along the way when there are new price actions or an impending reversal.
Do comment your views below.
Stay safe, trade within your means and steal those pips!
ForexPipCheats
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work for you as well as against you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
Disclaimer:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary or educational information and does not constitute to investment advice. I do not accept liability for any loss or damage, including without limitations to, any loss of profit, which may arise directly or indirectly from use of or reliance on such
Dow Jones US Stock Index (Too Much Negative Sentiment!)View On Dow Jones (1 Apr 2020)
Since everyone expecting another SELL down, they may do the opposite. 20,500-21,000 region can be supported.
If you want to short, just be careful.
If you want to long, wait for an appropriate bullish PA and risk the amount that you can afford to lose.
Let's see.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Possible final bear accumulation before a mark downHi traders,
Here's my sentiment following my previous posts. As you can observe from the first 2 highlighted box, they are above key SR area of 108.00 and 108.500 which an increase in volume can be observed. Some stopping volume can be seen on the 2nd highlighted box. Reaching our strong supply zone at 109.200 identified with both FIbo retracement and extension, multiple rejections at this area is seen when you refer to M1, surges of bears opening shorts and closing long can be observed above this level. Awaiting for further Price volume indication to make sure it is a bear move and a trade setup. Have been loading up on shorts along the way until now.
Do comment on what you think!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work for you as well as against you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
Disclaimer:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary or educational information and does not constitute to investment advice. I do not accept liability for any loss or damage, including without limitations to, any loss of profit, which may arise directly or indirectly from use of or reliance on such
Hong Fok (A Short Covering Rally is taking place)View On Hong Fok (6 APR 2020)
After the huge fall in 2019, this little use-less counter is finding some value and it is making a comeback.
We can say it is a short-covering rally.
It can rise to 0.65 or even toward 0.69.
Do not short as it may drift higher first (or) you can go in the LONG side with great caution.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
USD/CAD (You do not have to be "IN" the market all the time!)View On USD/CAD (2 APR 2020)
After strong upmove in the last month, this pair is taking some breather.
The medium-term (3-6 months) can be a UP trend but we can't rule out the possibility of it making some pullback down first too.
We need to watch 1.405 regions closely. If it is broken, it can swing to 1.400 or even lower.
Let's see.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.