TrackRecordTrading

TrackRecordTrading

TRY has been extremely resilient against the USD in recent days despite weakness in other Emerging Market currencies. USDTRY is poised to close below the daily Ichimoku cloud soon. The downtrend is about to begin in earnest.

TrackRecordTrading Updated 

EUR/AUD has broken & closed below the daily Ichimoku cloud. The downtrend begins…

TrackRecordTrading

Subscribe at $1/month now to view our CIO's trade portfolio. These charts are specially picked out by our CIO, Phan Vee Leung, for you to capitalise on the trade opportunities. However, did you know you are receiving it later than those who have subscribed to our CIO's weekly report? We know time is of the essence in trading and want to help you jump on the...

TrackRecordTrading

Bearish Weekly candle on the close of last week gives a good opportunity to short USD/ZAR with a stop just above the highs of the last few weeks.

TrackRecordTrading

USDTRY continues to grind lower and looks like it will soon test below the weekly Ichimoku cloud. Keep short and sell rallies!

TrackRecordTrading

Threats of regulation and fears of lofty valuations, and yet Google is testing the highs yet again. Buy on dips continue to pay well.

TrackRecordTrading

S&P500 has now broken decisively to new highs. With most of the major central banks determined to ease at any sign of economic slowdown, the march higher will likely continue for months to come.

TrackRecordTrading

If USD/TRY closes decisively below the daily ichimoku cloud, we will be looking to add to our shorts (established at the end of May) on any future retracements.

TrackRecordTrading

Gold have broken out decisively on the weekly charts above resistance at 1365 – 2375. With most of the major central banks dovish and ready to inject stimulus, hard assets will continue to do well against fiat money. Buy on dips is the mode to be in!

TrackRecordTrading

Facebook stock failed to break below the weekly Ichimoku cloud and seems to have staged a strong close above it. With 159 as the support, new highs could be reached in the weeks to come.

TrackRecordTrading

BTC is making a strong move into the weekly ichimoku cloud. The next phase of the "bubble" market has begun. As long as support of 7000 holds, new highs could be on the cards soon!

TrackRecordTrading

Trump tweets on the Trade War is driving the stock market correction. Fundamentals and the underinvestment of the market at large remain relatively unchanged. A correction to the 7600s on the index will be a good level to consider getting involved.

TrackRecordTrading

USD/KRW breaking 2yr highs strongly may be the start of a major USD move. From the chart, 1210 is the next target.

TrackRecordTrading

Sold EUR/CAD at 1.5027, with S/L at 1.5124, and target at 1.4908. The attempt to break above the daily Ichimoku cloud seems to have failed. Lower levels should be tested in the days to come.

TrackRecordTrading

JPMorgan (JPM) reported record earnings last week with strength across all major lines of businesses amid a “more constructive environment”. The stock jumped 4.2%, the biggest one day move since Nov 2016. With a close above the weekly Ichimoku cloud within reach, all signs point to an impending melt-up in stocks.

TrackRecordTrading

Despite market pricing expectations of rate cuts by the Federal Reserve, Gold is weakening against the USD. XAU/USD has closed below the Daily Ichimoku Cloud for the first time since late last year. If it stays below the cloud, and breaks decisively below 1270-80, the next target would be the low 1200s.

TrackRecordTrading

Alphabet (GOOGL), the holding company of Google, has broken above the weekly Ichimoku cloud. Apple, Amazon and Facebook will soon be making attempts to do so. Watch out above!

TrackRecordTrading

Nasdaq Composite Index closed at new 2019 highs last Fri. That also coincided with the first close above the weekly clouds for the year. It remains to be our high conviction call that stocks will make new all time highs this year.