i_am_siew

i_am_siew

This is a continuation of what I wrote previously. Target 1 reached. Now we look forward to target 2. Good luck.

i_am_siew

Structure is essential when building - especially if you intend to build higher. The bottom, or foundation needs to be strong. Which is why price needs to accumulate a lot of volume horizontally before moving up. It also needs to be 'harmony' which means the floors needs to be of the same height - common sense. This is how almost all buildings are...

i_am_siew

The chart above explains. As I explained previously, there is still some juice left - approx 25% - for the dollar to advance. The more it moves UP, the more 'expensive' it becomes, until eventually, demand evaporates - as with all $--denominated assets. As always, watch the US10Y. Good luck.

i_am_siew

The chart above explains. Big decision for DXY and Stocks. Good luck.

i_am_siew

I am sure many of you are also interested. Lets trade.

i_am_siew

The charts above should be familiar to those who follow. He said, "Bitcoin will go closer to Black Mamba numbers before it goes back to Chamberlain". ..... meaning it will go $81 before moving back to $100 This is just between TP1 and TP2 above. Take note. Please remember one thing that happened while everyone was Ho-ho-ho — the chart I will soon share. Now...

i_am_siew

Here is one more trade before I step away from TV. Just enter the trade with the SL and walk away until NEXT YEAR. Merry Christmas and a Happy New Year to those following and supporting. I hope my ideas have been beneficial to you. Good luck.

i_am_siew

This is a follow-up to the chart published on 14 Nov. As I said, patience is important. As to what happens next, it depends on luck. Good luck.

i_am_siew

This is a continuation of the 'same' idea posted previously. You will notice the 'older' lines. $ assets are getting more 'expensive' with DXY and yield high, which is why stock and even the mighty BTC are falling. Very soon, either $ or yield has to give way and I think most likely it is the $. But there is still a little juice left to this SELL trade. But in...

i_am_siew

US10Y is still high. If it does not fall, $ cannot rise. What we are seeing now is the price stagnating @ 1.0493 - not knowing whether to go UP or DOWN. But looking at the charts, I can see some lines forming. Perhaps we can use them as a guide to see what can happen next. Good luck.

i_am_siew

The price is a bit enthusiastic. Price is not bouncing from the line yet as I would expect. Price is hugging the line instead. The blue line is added to show the extension of the new 'top'. Trade carefully. ALWAYS WAIT FOR PRICE TO COME TO YOU - DO NOT GO AFTER IT. The R/R looks good if we stick to the plan. Good luck.

i_am_siew

Two days ago, I posted the chart above. I mention the STRONG bearish channel. And I also mentioned that those lines I drew are NOT trendlines. If you ask me what happened now, I would still answer the same. But what do you think Trendliners would do now? Many would proceed to BUY because their favorite line shows them that the price is BULLISH. Buy and get...

i_am_siew

The chart above explains. My charts are straightforward. So there isn't much to talk about. But TV insist that I write something or else it would not publish. TV also offers me many 'trading tools' - of course, I have to pay. But the thing is that I have no use for such tools. So in the end, I use it for FREE Thank you TV.

i_am_siew

.......... and this channel is downward sloping and extremely BEARISH. You should know how to trade the channel. Again, please note I do not believe in trendlines. Good luck.

i_am_siew

Folks, this is the same chart posted on 28/11 - some may not see it enough. Or may not understand what is in it that I am trying to explain. I hope you can now. Thank you for your support and encouragement. I think it works. Good luck to you.

i_am_siew

This chart is quite interesting. When trading, we must be picky about which asset to play with. Buy when LOW Sell when HIGH Do not enter when the price is in the MIDDLE!!! This is one good example. Playing the D @ Harmonic Pattern has a lot of advantages. Learning to stay away from trading is one of them. The MARKET seems undecided! I can't see any trading...

i_am_siew

TV is a very useful platform. It provides a lot of wonderful charts. But many are seldom used. To look into the future, there are 3 critical charts. NFCI is one of them. US10Y and Oil are the other two. What we see above is a lot of GREED currently going on - with financial conditions so loose. It is NOW at a quite critical level. In all probabilities, it can go...

i_am_siew

I assure you that part 2 is more interesting. Analyzing charts is quite interesting. Looking at the previous part 1, we can see that it is a smaller picture of price actions. Now that we zoom out and try to look at the BIG picture, it might seem that part 1 makes more sense now. Right? So, as we can see, in ONE BIG push, the price managed to break through two...