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Week 35: 24 to 28 August 2020 FCPOX 2020 analysis This week is a continuation of last week consolidation, the price remains inside the up trend channel. As we are waiting for the price to break the channel, as at today, on the lower time frame we see that the potential to be bullish is higher than last week. This week my personal call is rather risky as the...

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Bullish week for ZSX 2020, the resistance level was breached and no sign of slowing down. When everyone is having bullish reading, it is a good opportunity for us to Short. I would split my call today into two sections: If you are a scalper and speculator, now or today is a good time for you to LONG ZSX 2020. Not much upside, but you can do a "quicky" as...

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The outlook on COINBASE:BTCUSD is rather clear, after the Up Trend channel broke, it doesn't make a higher high. We saw a potential U-turn with the immediate profit taking at the RBS zone. Here is my personal trade call: Sell Limit at $11,648.50 Stop Loss at $11,922.50 Take Profit at $10.522.50 Risk Reward Ratio = 4.58R Disclaimer : The analysis above for...

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Last week ZSX 2020 had hit our target profit at $918 and immediately retraced to $902 level. This week, the price action shows that now the price is still consolidating at $902 to $906 region; in addition, we also saw two potential entries to long. In general, I am still Bullish bias this week, similar to last week, $902 hold an important significant...

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This August 2020 , we are expecting FX_IDC:SGDIDR to tumble at 10,919.605 area. For the past two months the prices are compressed tightly. Hopefully before the 17th August Independence Day, IDR will emerge stronger than SGD. Here is my Trade Opinion : Sell Limit at 10,919.600 Stop Loss at 11,073.700 Take Profit at 10,072.100 This will give you Risk Reward...

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Currently the price is soaring up to the upper part of the zone and if we look to the left, we can expect the price to move sideways before collecting the Supply Zone. Despite being bullish bias, I will not buy at market, instead, I prefer to buy at a better price (discounted price). My trade opinion on ZSX 2020 is as follow: Buy Limit at $902 Stop Loss at...

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Gold rush! everyone is buying gold and in the past 5 days OANDA:XAUUSD prices were forming a compression. It created an impression that the price may go up even higher once passed $2,000 mark. Don't get tricked, we are a trader, we look for a better price and minimise our risks. Here is my trade opinion : Sell Limit at $2,029 Stop Loss at $2,082 Take Profit...

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Week 34: 17 to 21 August 2020 FCPOX 2020 analysis If you are following last week analysis, we were bullish for FCPOX 2020. However, this week the price is exactly in the middle range which is risky for us to trade. The current range is around RM 200 with an immediate resistance at 2725. This week no trade call, as the Risk Reward Ratio is only 1R, practically...

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This is an update from my previous post on DBS: Currently we have a risk free trade trade running on DBS SGX:D05 . Today I see another opportunity to be bullish, however we have to wait until it retraces to the nearest level. Big players are in the midst of profit taking from the previous bull run. Technically: downtrend channel resistance had been breached,...

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Hmm what's my train of thought on this ticker SGX:BN4 , at first glance, it's bearish . Just a quick one, I would like to split into two style of trades: For a scalper : Mark the area $4.76 to $4.90, that is our waiting zone area. Once the price break either Support and Resistance, then you know what to do. If break the Resistance, our TP is at $5.20 If break...

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Week 33: 10 to 14 August 2020 FCPOX 2020 analysis Last week the prices were ranging in a tight consolidation, our Buy Limit was not triggered yet; my view towards FCPOX 2020 remains the same. Buy at retracement level, hence we minimize our risks. This week trade call similar to last week with a small refinement: Buy Limit at 2611 Stop Loss at 2560 Take...

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SGX:D05 is now in the midst of ranging within the downtrend channel and there is no sign of reversal sighted yet. The overall sentiment is bullish bias and I am expecting the price to fill the Demand Zone at $20.00 or lowest is at $19.45 Thus, overall SGX:D05 is a good buy, but we are waiting for the maximum discount to long this stock. My personal call: Buy...

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Week 32: 03 to 07 August 2020 FCPOX 2020 analysis This morning the market open with a gap up and stopped at 2724 (at the same level as previous high). For here on, we better wait for a better signal, because: (1) if the 2725 level is being respected, it means the market will form a double tops. (2) if the 2725 level is broken with a clean break (bullish...

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Week 31 (27 July - 30 July 2020) Code: FCPOX 2020 As at today, the price is still within the trend channel, ranging in the middle of the zone. There is no a confirmation to take any actions yet, personally I am quite bearish bias and we should wait for a price confirmation to sell. For an aggressive trader: If today/tomorrow price is closed below 2640, then we...

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Week 30 (20th to 24th July 2020) Futures code: FCPOX 2020 This is my first post analysing CPO Futures and I will try to make it a weekly post. Historically 2650 is a good Resistance level to watch and in the past 3 days CPO prices were failed to breached through. RSI Stoch also is starting to bend down, along with a slowing down in Bullish momentum. If you are...

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dagr

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USDSGD currently is making a bullish compression, yesterday the price had a rejection and we anticipated that today may have a small retracement to the dotted line as to create another Higher Low (HL). If we look to the left, the previous Support now has become a Resistance, a pretty solid Resistance; it created "The Wall" and had managed to hold the prices to...