10.19am Great to be back in the market. Went short EURUSD at around 1.3272 yesterday, with a paper profit of about 40-50pips now. Yen is weak, however, I believe a short term scalp short is possible. EURJPY H1 The chart above will be my game plan. About 2:1 reward to risk ratio which is worth a try in my...
10.19pm Xin Chao guys. Just touched down from Vietnam. Quickly got myself updated with what is happening in the market. EURUSD HNS pattern still valid in my opinion. Looking to go short with a limit order to sell. EURUSD H1 Fundamentally, Greece agreed to a bailout. We should go long right? Technically from the charts, I am bearish about EURUSD. Yes bearish. If...
10:14pm Hello folks! Spotted a potential long in Loonies. USDCAD Price action is currently resisted at the resistance zone(blue) and downward sloping trendline. The chances of breaking through is pretty high considering the bullish divergence in OsMA. As blue zone is a pretty strong resistance or support, a break above will be a potential long. Let’s stay...
1:01AM SGX Weekly chart Price action broke out of the double bottom reversal 2 weeks ago. Practically last week, price action was hovering around 7.1-7.3 and I believe that this was to flush out the people who are playing contra. Therefore I’m expecting price to move significantly this week. We didnt manage to catch the low when...
4.29pm Last trading day of the Singapore market. My eyes is locked closely at Genting Singapore Earnings report will be out on the 23rd of this month. Genting Singapore H1 At around 1.65-1.66, price will complete a perfect AB-CD pattern for uptrend continuation. Likely price will remain flat until the earnings report is out. Looking at the market depth, there are...
