SamuiTrader

SamuiTrader

I ask myself; have the Buyers seen the last --short-term-- high of Brent? Or will the bottom of the support area give new life? I think not!

SamuiTrader

Let's take a look at the exiting SANION graph! As we have broken through —1st phase— consolidation and after it has been retested, I believe that we’ll start to see new higher-highs and higher-lows. What would be healthy for SANION is if it would rise in a comfortable pace, and not in a euphoric run to the hill tops as it did a few months ago! As mentioned...

SamuiTrader

Dear investors, this is a question I have had for a long time. Will the Covid Panic Island powers be too strong and force the price index lower or have the market collected strength from half a year of knowledge? Sorry to say to all SET investors, I don’t think it has and am more bearish now for than I was in the middle of March. We’ll see if 1200 will be...

SamuiTrader

As SET has been unable to go past north of the falling channel resistance. Be ready for more on the downside. I am still waiting for a long-term signal to open up any Long trades. Am now waiting for the 1250 to have its saying, although do not believe it will hold. If SET doesn't manage to keep from going through the long-term support and resistance, with...

SamuiTrader Updated 

My zone of interest 803

SamuiTrader

Hi fellow traders! Hope we will all get a positive answer, to yesterdays bounce; are you done with going lower? Yesterday, SET50 bounced of the Panic Gap Island's lows, and will it be enough to break the negative trend and start the second run to the north, from March lows. Or if this was only to trap the buyers, in the bigger negative trend further down...

SamuiTrader

Looks like happy days are over, with lower highs and lower lows. SinceTuesday's Engulfing Candle didn't do much. So here is my setup, if my Put is triggered

SamuiTrader

DJI has a negative divergence and is losing strength, since the March rally began. Blue line is SET, in comparison, which has already begun to lose its momentum.

SamuiTrader

Hope all has been able to cut your Long trades, while still with profit! As SET shows the bears has taken over at lower and lower prices, even though it took a bit longer than I anticipated SET turned by the falling resistance. So what is interesting now, is if we get the “buy the dip” opportunity I was looking for in my last published analysis. As we’re...

SamuiTrader

We've got a turtle soup pattern AND Friday closed with a --close to perfect-- bullish shaved top candle. And all of this went down, and changed power around the support resistance, I have been mentioning for so long, 1315. Bullish shaved top candles, is most often followed by a smaller pullback in the next candle or coming coming candles. But it is a very...

SamuiTrader

Hello traders out there! We can now see the full force of the bearish engulfing, the 22nd of July, I hope everyone with active SET trades has protected them, with a stop-loss, or taken out profits since then. If the slow shielded animal (more explanation about the phrase later) won’t give protection to SET I can still see nice turning points. Mainly due to...

SamuiTrader

SET has been consolidating now for a while, hope you haven’t been greedy and has taken out your short term profits, since early June. So what happened today? Did SET fool traders, with a false breakout, or is it simply retesting the breakout? Well, if we tomorrow get a Gap and Go, it could be a bullish ride worth to follow for, a while. If today’s pattern of a...

SamuiTrader Updated 

I hope all is doing great! I will share my Elliott Wave count with you and it can be a sign of bigger moves will be infront of us. Even though, my primary target has been to go much further down south to close gaps SET has left behind, since the March lows. I have stated to question this, at least for the near term trend but as the wave count says, when the...

SamuiTrader Updated 

Here is my setup for those of you who believs we are still in phase 2 and will continue up north. Have a look what happened last time SET touched ema40, will next time have the same affect? If you are a bull, then you should go for it. Very similar to my bearish setup. So its all about what you belive will happen

SamuiTrader Updated 

Those who believe SET has entered phase 4, then the direction is down south. I am ready to follow the pennant flag pattern, with a target of 1230-ish, and that number coincides with the bottom of, what I call, the "covid-panic-island" which should offer some suppport so could be a good place to lock in some profits.

SamuiTrader

I am guessing that most traders believe that today will be a red day, after BoT decision over Thai banks, and who knows if other sectors will follow because have many been able to make any profits, for interim dividends and buybacks? In the graph there I don't see anything saying, up or down, but I see that a big move is too come quite soon. The day is still...

SamuiTrader

Bank sector is looking interesting. Is about to retest the double bottom pattern. And I see 412-420 area as a possible target.

SamuiTrader

SET is building up power to, either go bullish or collect more strength further down south. In a purely technical sense I am neutral, until it has closed in either direction of the last 5 days triangle pattern. Although the market has shown that the underlying sentiment is bullish. So my primary target is therefore, to go in the northern direction, to at first...