KaKeungChoi

KaKeungChoi

GBPJPY - Range trade according to zones Trading the S/R Zones Trading Rules: All S/R Zones has power to reverse the trade, but once broken with a closing candle Support zone will become Resist zone, and Resist zone will become Support zone. Only trade when levels in zones are touch for the first time with a 1 hour engulfing candle to...

KaKeungChoi

Sell at resist zones, take profit at support levels or zones.

KaKeungChoi Updated 

Index dropped and reached a strong support zone, expect this support can turn trade around for a nice correction towards upper side, but if a day candle close below it, then index could seek further low towards the support zone below. so watch out, as how a day candle closes, will share much insight towards the future market direction. Watch out in mid. Oct....

KaKeungChoi Updated 

Price has retreated strongly after touched the resist zone as shared in my previous chart. its now at the most crucial level, either it support the price and push price back up for a nice correction towards the upper side or if price break the support levels with a day close candle than a major retreats to further low towards the support zones is expected. So...

KaKeungChoi

This pair has dropped to the lowest level, usually at this area, price rebound back up strongly, but this time, it has taken its time. but nevertheless, I do expect a nice rebound back up coming soon, just be patient will get there.

KaKeungChoi

This pair are at the historical low area, not far from a nice reverse back up, but before that could happen, Elites will do their best to shake off the buyers, before it can go up smoothly. it take months for that to happen. so at the mean time, it is moving in a large range. capture sells and buys at the S/R zones. should create nice profit until the long turn...

KaKeungChoi

Price touched the Resist zone indicated in my last forecast chart, price also have climb for a while its time for a correction pull back. watch out for those mini support zones, as these could bring price back up again. but expected price to reach the target for profit take.

KaKeungChoi Updated 

07 Sept. 2016 Hang Senf Index - 4 Hour Chart Index is now reach a resist level, but buying is strong, expect index to continues the up trend after a correction to the support levels. The STRONG Resist Zone is where I expect a nice sell back down to the support zone below in this chart, once index manage to climb and reach it, may be in mid. Oct. so watch out...

KaKeungChoi

Trading the S/R Zones Trading Rules: All S/R Zones has power to reverse the trade, but once broken with a closing candle Support zone will become Resist zone, and Resist zone will become Support zone. Only trade when levels in zones are touch for the first time with a 1 hour engulfing candle to confirm the reverse. Do Not chase price,...

KaKeungChoi Updated 

Dow Jones index has broken the previous high 9 weeks ago, and for the last two months index has been moving side way, a sigh of sell off high stock in high price level - the longer the range, the deeper the drop, once the sell begins. But Elites won't be too obvious so that the world could jump in and take that piece of pie. Therefore, High and sharp movement...

KaKeungChoi

Price is going to break the previous high and move towards the target 1 and 2 once it has breakthrough the holding of this strong resist zone. capture the trade when price pullback from the resist zone to near the support levels.

KaKeungChoi

Watch out for the level of 101.93, and see how candle react in this level. if climb above and break trend line - price go further high towards resist zone. If price drop below 101.93 and break the support, further low towards support zones.

KaKeungChoi

This pair is going through a correction pullback after it has climbed up three weeks ago. expect price to retreats back to the support zone, so trade according to the Triangle min. zones for price rejection.

KaKeungChoi

Price should continues to rebound back up towards resist zone A, watch out at this zone, as it could be a Head and Shoulders forming, if this is confirm, sell the trade once the price breaks the neck line. Otherwise, continues the trade according to the supports and resist levels in Chart.

KaKeungChoi Updated 

Gold price is now going through a strong correction after it has climbed since early this year. Expect this correction to reach the support zone 2 in the coming weeks. Break this support zone 2, price will seek further low towards support zone...

KaKeungChoi

Price is moving down in a strong down trend for a long while, its now coming towards the end of the down trip., expect buying power at the support levels and zones below could bring price into a reverse uptrend trade soon. but before it happen, expect price to be moving in range between the support and resist zone until a break out towards the upper side to...

KaKeungChoi

Long term prospective: Expect index to continues to seek further high towards resist zone 1 and 2 before retreats back down towards the support zone B by the end of Oct. Mid Term: Moving in range between support 6730 and resist levels 6960, but seek higher as it goes, until it reach the resist zone 1, break zone above with 4H close candle, further high towards...

KaKeungChoi

USD/CNH- 08 Sept. 2016 1 hour chart for daily entries All S/R levels has power to reverse the trade, but once broken with a closing candle Support will become Resist, and Resist will become Support. Only trade when levels are touch for the first time with a 15min engulfing candle to confirm the reverse. Do Not chase price, let the price come to the S/R levels...