davidleekuanyong

davidleekuanyong

EURUSD now showing signs of consolidation inside the highlighted trendlines. There are only 3 possible outcome from this situation: 1) market consolidating inside the triangle 2) but a convincing break towards the upper trendline will expose EURUSD to uptrend potential 3) however a break below the lower trendline will further invite strong selling pressure...

davidleekuanyong

FKLI for the time being is losing momentum towards the upside as long as prices below the green color trendline. As traders, had you prepared for this potential outcome?

davidleekuanyong

No matter how you look at the charts at any markets, it doesn't change the fact that trading is a game of scenarios. Have you prepared the possible scenarios? A breakout of either side will generate a strong trend for BTCUSD. This is not a buy/sell call.

davidleekuanyong

There is a sell gartley pattern on the 4hr NZDUSD timeframe. Stops can be placed around 0.693-0.695. This is not a buy/sell call. For educational purposes only.

davidleekuanyong

As long as prices remained below 1.17, I believe EURUSD will start to trend lower. In addition, we could see that prices formed a head and shoulders in the daily chart. However, if there is a daily close above 1.17, it will negate the H&S formation & 1.17 support turned resistance structure.

davidleekuanyong

I missed the initial EURUSD uptrend move. I queued a long at 1.1976 and after a few minutes my long was executed. My stops will be 1.1956 and for the time being I am shooting for a 1.2015 target. This is not a buy/sell call. Do double confirm with your own trading plan. Happy trading everyone =).

davidleekuanyong Updated 

NZDUSD triggered my entry buy 0.742 in the early hours of tuesday morning. My stops will be 0.722. First target is 0.728 with second target 0.738. This is not a buy/sell call, do double confirm with your trading plan. Happy trading everyone.

davidleekuanyong Updated 

AUDUSD also triggered my entry buy 0.79056 in the early hours of tuesday morning. My stops will be 0.78856. First target is 0.79456 with second target 0.80456. This is not a buy/sell call, do double confirm with your trading plan. Happy trading everyone.

davidleekuanyong Updated 

AUDUSD showing downtrend potential and market executed my short 0.789. My stop is 0.791. Profit target at 0.785. This is not a buy/sell call, do double confirm with your trading plan. Happy Trading Everyone =)

davidleekuanyong

USDCHF triggered my long 0.9688. Cut loss will be 0.966. First target will be 0.974 and will trail my stops if prices near 0.974. Second target 0.9828. This is not a buy/sell call. do double confirm with your trading analysis. Happy trading everyone.

davidleekuanyong

USDCHF 4hr timeframe had a double bottom and I think USDCHF may resume its uptrend anytime soon. I executed a long at 0.96637 with a cut loss at 0.9644. First target is 0.97036 and i will shift my trailing stop to B/E if price nears the first target. Second target will be 0.98036. This is not a buy/sell call. Do double confirm with your own trading plan. Happy...

davidleekuanyong

Naked chart shows prices in a downtrend with a possibility of continuing downtrend again. Queued a short EURUSD at 1.175 with cut loss at 1.177. Targets are 1.171 and 1.161. Will trail my stops if price nears 1.171. This is not a buy/sell call, do double confirm with your trading plan. Happy Trading Everyone =)

davidleekuanyong Updated 

EURNZD showing signs of downtrend and also below the 1.614 resistance. One of the frequently asked questions by traders themselves is: at what price shall i execute the trade? There are two options: you either short at breakout or at retracement. The answer to that is depends on: 1) whether you are a breakout trader or retracement trader. Both methods are...

davidleekuanyong Updated 

I also had an AUDCHF long trade executed at 0.7625 with a cut loss at 0.7605. Target one is 0.76684 and next target is 0.7761. This is not a buy/sell call, do double confirm with your trading analysis. Happy Trading Everyone.

davidleekuanyong Updated 

EURUSD 4hr price action showing signs of downtrend. However I would prefer to short on retracement since there is a long wicked candle on the left. I remembered clearly last time such candles often warn us that the market may slightly move upwards and it is risky to short on breakout or at market price. Hence I would be preparing to short at 1.178, just to give...

davidleekuanyong Updated 

NZDUSD price action shows potential technical rebound. Would like to take this opportunity to try my another trading tool and catch this rebound. Executed a long at 0.7303 with a cut loss 0.7283. This is not a buy sell call, do double confirm with your trades and happy trading everyone =)

davidleekuanyong Updated 

The swiss franc appreciated against the dollar throughout last week yet still managed to stay above the 0.96 zone. Hence I would like to take this opportunity for any uptrend potential by buying USDCHF at 0.967. My cut loss for this trade is 0.964, instead of 0.96 because I want to keep my potential losses small and easily recoverable. Uptrend targets are...

davidleekuanyong Updated 

Based on price action I am bullish on AUDCHF. Hoping to join this uptrend after initially missing out on it. I queued a long at 0.7715 with cut loss at 0.769 zone. First target is 0.77539, once price nears this i will trail my stops. Second target is 0.785 zone. This is not a buy/sell call. Do double confirm with your trading plan, wish you all the best and...