U.S. Dollar / Singapore Dollar

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U.S. Dollar / Singapore Dollar forum


USDSGD

Note to self, Don't just enter when price retraces back to the moving average or main marketplace.

Wait for the other stalls to setup and start transacting before you decide to open shop here, too.

If the marketplace isn't confirmed, and you setup shop, when the main stlalholders come and setup shop elsewhere, you will be stuck here.

1844SGT 11042025

previous red arrows shows where institutions are stabbing the SL orders before the imbalance comes in and price rises for SGD.

1645SGT
11042025
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USDSGD

Rayner's wisdom is to,

"Let the price come to you".

It also means you will miss it, many a times.

Too bad if you miss it.

I used to see other traders doing their analysis and it looks all over the place, but now here I am, also doing the same.

--

TLDU; Price hasn't touch the upper trendline yet.

It might come back to sweep the liquidity.

If it doesn't, the next potential point 3 might be the next marketplace where people transact at.

Quick transactions doesn't mean one is going to make money. It just means the transaction was done quickly.

2302SGT 25032025
Snapshot




USDSGD 1.3605 should be the support.

USDSGD More fun watching paint dry.


USDSGD Price is testing the TL. Wait for a new bullish candle to break the 1.34556 for long entries. Note that the 1.34556 level is an important level( previous Support turned Resistance).
Snapshot