SIUSHINGTO

SIUSHINGTO

retail position: 78.23% long which implies it's a potential short oppotunity, meanwhile this is no longer a double bottom set up, give a lower low has been formed.

SIUSHINGTO

tp1 1:1 tp2 1:1.3

SIUSHINGTO

oanda client open position ratio shows an increase in short position from about 50% to almost 69% now. I will wait for the ratio to increase further and a breakout-retest. and then long.

SIUSHINGTO

Oanda client open position shows 78% clients are shorting it + Strong up trend last 2 weeks = breakout

SIUSHINGTO

Oanda open position shows the no of short is increasing (77% atm), this implies a potential breakout. Secondly, this pair is in a strong uptrend last week. So unless the mkt pauses and showed very bearish candles, don't short

SIUSHINGTO

OANDA SENTIMENT shows 50% of clients are longing, wait until either percentage to reach 70 % and decide whethre to long/short

SIUSHINGTO Updated 

Oanda clients open position shows 78.3% are longing, this implies a potential further downside. Secondly, past 2 weeks' candlesticks are very bearish, as there weren't many big bullish candles. So. I will wait for the market to breakout then retest after 5 candles and short.

SIUSHINGTO

Oanda client's open position shows 76.05% of clients are shorting, but based on last 2 weeks' price action, it's still in an strong uptrend. So, you should wait for the short position to decline and the market to show sign of exhaustion, then find the right candle stick patern to short.

SIUSHINGTO

Oanda's client open positions shows a decline of long position from 88% to 86.39% over the last 2 weeks. Since the net position and price goes in reverse. There's a high chance that the market will reverse. Secondly, the market is at an important resistance zone.

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Technically speaking, platinum can be due for an uptrend. But could take months for it to show sign of uptrend. The last great shortage fear-induced panic buying spree in palladium occurred in 2000-2001. (It was only last month when palladium finally took out its 2001 high.) Palladium's great bull market began quietly in 1997 at about $125/oz. Over the next four...

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IG sentiments show 72% of clients are holding a long position, which implies a potential breakout to the downside (retail traders are wrong for the majority times). British Prime Minister Teresa May said that if the parliament does not support her plan in the December vote, then the differences within the country around the Brexit will intensify. She said the...

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The Eurozone data released last Friday made the market particularly worried about the euro, as the most important data results proved to be the most disappointing in the market. The initial value of the annual consumer price index in the Eurozone fell from 2.2% to 2.0% in the previous year, while the core consumer price index was 1.0%, which is less than the...

SIUSHINGTO Updated 

From the daily chart, the recent rebound in the exchange rate has clearly formed an upward trend. After today's high opening, the action can be further enhanced. At the same time, the exchange rate is further away from the 23.6% retracement of Fibonacci, suggesting that the rebound has already overcome the resistance of this file. Next, the exchange rate may go...

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The dollar against the safe-haven currency rose to a two-month high and rose against the euro in a narrow range. China has imposed tariffs on US$60 billion worth of goods imported from the United States in response to US tariffs on US imports of US$200 billion next week, but it has not further deepened market worries about the trade situation. The dollar was...

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frequent retests at the support zone mean a potential breakout.

SIUSHINGTO

strong downtrend in the past 4 weeks could indicate a breakout to the downside.

SIUSHINGTO Updated 

1:1 then 1:2

SIUSHINGTO

historic important zone, which mean it could mean a short oppotunity, but be careful of the recent price action (uptreanding)