i_am_siew

i_am_siew Updated 

HI traders, The picture looks nice and says it all. I do not have to add anymore words to it. Lets continue to track this especially when US CPI is going to be released today. Happy trading. P/S : As usual do not not just believe what I say. Use your own common sense. :)

i_am_siew

Hi traders, Just something to ponder about. $30T is $7T more than last years GDP $30T is more than the combined GDP of China + Japan + Germany $30T is more than 26x the combined GDP of the 46 least develop countries $30T divided by 330m population means $90,000 per person If the debt reach $35T, then you can stack up enough S10 notes to reach the moon 1%...

i_am_siew

Dear traders, Price is now trading horizontally and is supported by the Demand Zone. A time goes by, we can see things better. The question on all our minds would be if price would continue on its way up or fall again like in the previous occasion. A lot of people may be expecting a 'double top' to take place. If we look at the price action, things may not be...

i_am_siew Updated 

Hi traders, This is my 13th posting. Today, I am going to talk about something I find to be very useful. If you are here for the first time, please take some time to read all the preceding ideas. If you do not read the previous ideas, then you might not appreciate the flow. Remember. Only 20% of traders manage to make money from trading forex. Traders are those...

i_am_siew Updated 

Dear traders, The real deal since 12/2021 is still the EURODOLLAR futures getting inverted sometime in first week of December 2021. This itself has put a stop to the uninterrupted rise of the dollar. EURUSD went into a prolong horizontal channel until a breakout to the top on 12 Jan 2022. Yes, you may say that the FED is accelerating tapering and will hike rates...

i_am_siew

Hi traders, I hope you catch good profit from the drop yesterday when price broke the Support. There is no need to be emotional/nervous. Just trade with the facts. Now we are all wondering what had happened and what is next. As you can see, price is revisiting the POC and a corresponding strong Demand Zone. This is a normal occurrence which means that the market...

i_am_siew Updated 

Hi traders, If you are here for the first time, please take some time to read all the preceding ideas. If you do not read the previous ideas, then you might not appreciate the flow. At the moment, Bulls and Bears are fighting it out to gain control. We must watch things closely to gather clues/facts as to the potential outcome. Our trades depend on our findings....

i_am_siew Updated 

Hi traders, If you are here for the first time, please take some time to read all the preceding ideas. You will gain a lot. It is all FREE. All my presentation are arranged in a systematic manner to aide your learning. I try to keep things simple and straight forward. If you do not read the previous ideas, then you might not appreciate the flow. My ideas are...

i_am_siew Updated 

Start the day, everyday by looking into everyone's mood. This is a simple way to gauge what may potentially be today's trading direction. Happy trading. P/S : as always, do not just believe what I say. Use your common sense.

i_am_siew

The move higher seems to have stop. Why? Knowing D&S and how it affect price movement is important. But many of us do forget about this when we enter the realm of trading. As you may all know, the logic is actually quite simple, if price is aggressively moving up without a pause, where would buyers find supply in sufficient quantity and the right price?...

i_am_siew

If you are new here, please take some time to read up on the previous 5 postings. You will benefit a lot from it. Well, some of you might thinking, is this a false breakout? I tell you it is not. If you have been a keen disciple of Demand & Supply, you should know how to separate what is true and what is false. Those who worried about false breakouts are those...

i_am_siew Updated 

This is a continuation of my earlier post. Do have a look at the earlier posting if you have not. The BIGGEST question for all traders now is where EURUSD will move when it breaks out of the current horizontal channel. This will also answer how DXY will move. As traders, we must acknowledge that this business we are in is highly unpredictable. Always remember...

i_am_siew Updated 

Let's discuss further on trading. Do look at the previous posts if you have not. This is the current EURUSD on 1H. You can now see clearly how the Law of Supply & Demand at work. With such clarity, things are much easier to understand. If you know what is happening in the market, your actions will be much more decisive. P/S : As always, do not just believe what...

i_am_siew

This is the final part. Please also read part 1 & 2 if you have not. We all know that close to 80% of traders lose money. Actually, ALL got trapped the moment they set foot in this business for almost ALL will begin their journey learning the ‘Methods’ as expounded by the ‘Experts’. You can find these ‘Methods’ all over. And when you fail, it is because you do...

i_am_siew

To succeed in anything, the prerequisite is always Common Sense. Where PRICE is concerned, only one UNIVERSAL law applies which is the Law of Supply & Demand. Seller will always sell you at the highest price and will not be held back by waves, Fibs or trendlines. Don't believe me? Next time if you pay more for your fav cup of coffee, tell me if its in multiple of...

i_am_siew

Just take a look at the DXY. Always, as time moves on, the picture gets clearer. Patience is important. Futility - Its futile trying to predict where it will go. Some may say 'Up'. Some may say 'Down'. Once you develop a 'Conclusion', you will eventually tie yourself down. My advice is, never try to predict. Instead, have an open mind. This way, you can...