i_am_siew

i_am_siew

TV is a very useful platform. It provides a lot of wonderful charts. But many are seldom used. To look into the future, there are 3 critical charts. NFCI is one of them. US10Y and Oil are the other two. What we see above is a lot of GREED currently going on - with financial conditions so loose. It is NOW at a quite critical level. In all probabilities, it can go...

i_am_siew

I assure you that part 2 is more interesting. Analyzing charts is quite interesting. Looking at the previous part 1, we can see that it is a smaller picture of price actions. Now that we zoom out and try to look at the BIG picture, it might seem that part 1 makes more sense now. Right? So, as we can see, in ONE BIG push, the price managed to break through two...

i_am_siew

The chart above explains. My charts are straightforward. So there isn't much to talk about. But TV insist that I write something or else it would not publish. TV also offers me many 'trading tools' - of course, I have to pay. But the thing is that I have no use for such tools. So in the end, I use it for FREE Thank you TV.

i_am_siew

The chart above explains. My charts are straightforward. So there isn't much to talk about. But TV insist that I write something or else it would not publish. TV also offers me many 'trading tools' - of course, I have to pay. But the thing is that I have no use for such tools. So in the end, I use it for FREE Thank you TV.

i_am_siew

Are you the type to act or react? I am the type who reacts when it comes to trading FX. I prefer to wait for the price to come to me. A moment ago, I shared about DJI. As we can see, stocks are now at a record, perhaps due for a correction. Of course, many think that it can go HIGHER. This is a free world. Anyone can think what they like. Why am I talking...

i_am_siew

The chart above explains. My charts are straightforward. So there isn't much to talk about. But TV insist that I write something or else it would not publish. TV also offers me a lot of 'trading tools' - of course have to pay. But the thing is that I have no use for such tools. So in the end, I just use it without paying. Thank you TV.

i_am_siew

All good things must come to an END. Enjoy it while you can. The same goes for Bitcoin. In the end, all that matters is CASH in the pocket. Good luck.

i_am_siew

The chart above explains. Anyway, just sharing. I hope you guys got it too :-) As you can see, it takes A LOT to make things look so SIMPLE. All my charts are really simple. Nothing complicated. You know what I mean. Good luck.

i_am_siew

Yesterday was indeed anti-climax. I was waiting for it to happen but it did not. I was quite disappointed. What went wrong? I spend the next 2 hours before I find the answer. The method proved correct, with 100% accuracy. Imagine with price in free-fall, yet it stopped just at the right place!!! My mistake was that I did not notice the slope had...

i_am_siew

The chart above refers. Again, I would remind you that the lines are NOT trendlines. Now the price is at a critical juncture. Knowing WHERE and WHEN to wait is going to be very profitable here. I think you should know what to do. Know that bond yield is still high and not falling. The same goes for Oil. Again, buy when the price is LOW. To sell now is...

i_am_siew

Another of my favorite is Wyckoff. This is useful when the price is at the extreme, waiting for PIVOT. If we look at this carefully, together with the volume, we can see Buyer slowly gaining the upper hand. Buyer managed to breach the resistance once but Seller tried to challenge. Now price is above resistance again, do you think Seller will mount another...

i_am_siew Updated 

XAUUSD: Big Dump On The Way, worth 1000+ pips! And urged his followers and those willing to listen to SELL with a target @ $2,450. Then he comes up with a fancy chart with a lot of 'complicated' looking marking in it - looks legit and sophisticated. There are 3 mistakes: a) The price is still ABOVE the 'support' line. b) if you look closely enough, the fall in...

i_am_siew

I can say many are keen to see my 'ideas'. But the truth is that nearly all choose to remain discreet and anonymous. Common sense tells me you guys are serious + experienced traders - not the beginner types. So here is something for all to think about - the DOT we see there in the chart. If you know the answer, then everything you have learned previously will go...

i_am_siew

Anyway, I am sure many of you have seen this already. It is not only because of the D, Bond yield also says that the $ needs to fall to compensate for its high. And if we zoom in on the recent price actions, the price seems to have pivoted, but the BEAR is still fighting a strong fight. Anyway, next Monday will see a conclusion of this battle. The lesson we...

i_am_siew

The yellow line is NOT a TREND line. As I have said many times, I do not believe in trendlines. We should have asked, there are so many 'methods' out there teaching us how to trade FX - but just NONE of them is mathematics-related. Some may say Fibonacci is maths, but I think it is just numbers. Calculus is an important branch of mathematics. It is a study of...

i_am_siew

As surely as it is rising, soon it must FALL. BTC broke above the previous high @ $73,835, which means it has the potential to rise further as it did now. I think it isn't very smart to buy now, or at all. This is the kind of asset requiring patience and knowing where and when - to SELL :-) Let's wait @ 108,000 - it is coming soon. Good luck.

i_am_siew

The chart above refers. This is a continuation of what I discussed in the previous idea. We have seen some of the most popular trading methods. Now price is breaking ABOVE the resistance line of my 'current' most preferred method. I think you should know what to do. Good luck.

i_am_siew Updated 

Our journey in trading FX will bring us to learn many exciting 'methods' that are truly satisfying. I learned. And when I do, it is very satisfying. We all started with playing the Trendline, the white line we see on the chart. It is easy to use and everyone likes it because It makes sense. So now the price is BELOW the while line - a SELL trade is triggered....