RaynLim

RaynLim

Waited for USDJPY to hit inverse head and shoulder before a long opportunity, looks like could only wait for the retest of the low to decide.

RaynLim

Waiting for shorting opportunity at the level at the red box region. A weakness of the candle needs to be seen at that level before I will be looking for shorting opportunity.

RaynLim

Looking for Double Bottom with RSI Div before engaging.

RaynLim

This is typically what a Breakout Trader will do. I'm waiting for retracement back into the buy zone

RaynLim

Doing this for friends, and I don't really trade this pair, at least not yet. :D I'm looking at 0.9828 as the major support level and if you are waiting for lower rates, ie stronger SGD over AUD or weaker AUD over SGD I would pretty much wait for this level. The rate should achieve this level within this month. Disclaimer: Information or opinions provided herein...

RaynLim

Looks like a Inverse Head and Shoulder, will observe how market retest 0.7063-0.7055 range

RaynLim

Awaiting to short at these 3 levels. Many of times traders are thinking how would I know which level to short? Well this is some tips of how you can decide. 1. It depends on your Risk and Reward Ratio, if that's important to you. That is for me, if you ask.a 2. The qualifier or also known as the filters. What is required for you to qualify at those level, is it a...

RaynLim

EURJPY awaiting for double top at the level that I've plotted for a shorting opportunity. Will observe how the market at the end of the arrow to decide if shooting for extended targets

RaynLim Updated 

Awaiting for long opportunity, many might see this as a bearish move but as for me, based on D1 chart, it is still a bullish run. Awaiting for double bottom and sign or market weakness for long opportunity.

RaynLim

Looking to short EURUSD at retracement area of 38.2%-61.8%, will update in the group when setup is form. Cheers

RaynLim

One of my favourite setup and spotted this baby in our trading community so I thought to share it. EP Short: 1.2853 ISL:1.2883 TP1: 1.2820 TP2: 1.2786

RaynLim Updated 

Spotted this setup on H1 and using it as a entry technique. Did adjustment on the D completion for better reward is to risk and see how trade develop from here. For traders who aren't sure. I'm heading in to short at D and stop loss above X.

RaynLim

SP = Starting Point ISL = Initial Structure Low NSL = New Structure Low ISH = Initial Structure High NSH = New Structure High The most recent structure, be it ISL, ISH, NSL, NSH, its starting point will be known as X, if breaking below and closing below X(on a ISH, NSH condition), ISL is formed; breaking above and closing above of X(on a ISL or NSH), ISH is...

RaynLim

A double bottom is required as it broke some of the strucutre in H1 chart. Awaiting to long at 106.88 or even lower, preferably lower as long as it didn't break and close below the buy zone. EP: 106.88 ISL: 106.47 TP1: 107.17 TP2: 107.37 Disclaimer: Information or opinions provided herein should not be used for investment advice and do not constitute an offer to...

RaynLim

EURUSD has been pretty ranging, in fact, it is moving into a sideway consolidation on the Daily Chart. Spotted a Counter Trend opportunity that leads up to buying opportunity once the final take profit level is achieved. EURUSD will be in my radar till it broke the Daily Chart Consolidation EP: 1.2376 ISL: 1.2420 TP1: 1.2314 TP2: 1.2238 Follow me on twitter for...

RaynLim

Early this month I've shared in seminars that GBPUSD is heading towards 1.4630 range. Didn't know what's going to push it higher, could it be - 1. A raise of interest rate, 2. UK decided to throw another referendum after gotten the EU deal and vote result is not to leave the EU or 3. They got a good deal from China and or US and form strong trade relation 4. EU...

RaynLim

Saw this setup which is a trading opportunity in this sideway bounce formation. Pretty neat, producing at 46pips range of market potential.

RaynLim

Engaged a Trend Continuation Trade. Chose to perform a final take profit at 1.3000 due to a completion of a Head & Shoulder formation and it's a Resistance level as well as Price Action Level. EP: 1.2848 ISL: 1.2786(62) TP1: 1.2929(81) TP2: 1.3000(152)