i_am_siew

i_am_siew

A bit lazy to write nowadays. Anyway, this is a follow up from the previous idea where I talked about timing. If you have been tracking it, then most likely you will be able to trace the support and resistance. If not, just take a look at the above chart where I marked it out for you. I would say 99% of people who 'gamble' with FX do so solely by basing their...

i_am_siew

The chart above explains. Just a while ago, Nikkei drop nearly 6%. When NY opens, things are going to be HOT and SPICY. Good luck.

i_am_siew Updated 

The chart above explains. Things like this do not happen often. I am going to give it a try - with good R/R. Good luck.

i_am_siew Updated 

The Fed say don't worry, things are looking good. There is 'no landing'. So lets be happy and continue as usual. The stocks are riding high. Jobs are plenty. Surely things are fine. But the MARKET says other wise. Above is a simple way of looking at it. The market looks like it is scared shit and continue to buy up longer term bonds. If you look closely, 3.70% is...

i_am_siew Updated 

This chart is actually quite important. I take a look at it all the time. It would be quite interesting when it starts to fall, ever so slightly at first, just below the EFFR. We also need to understand which arrow is the BIGGER one. The green or the RED. This can easily answer which is the bigger POTENTIAL :) Good luck. P/S : DO not just believe what I say....

i_am_siew Updated 

When cooking, many just focus on the ingredients and making sure the everything that needs to be used is there and that the correct amount is used. It is EQUALLY if not more IMPORTANT is the cooking TIME. My scones did not turn out right because it was in the oven for just a bit too long. Human nature is such that we do certain thing at certain time. If we know...

i_am_siew Updated 

DXY is gaining strength. US10Y is losing steam. This only lead us to a simple conclusion, that risk-off is coming. XAU is taking the lead and just plunge a bit - many thought it would continue going up - hahaha. EURUSD has seen a lot of sudden upthrust recently - volatility. But every upthrust soon see price coming down again. We should know what this means....

i_am_siew Updated 

So far when I read in the MSM, I can say everyone is criticizing what the BOJ and Ueda did on Friday. JPY is free falling with grave consequences. But when I look at the chart, I think what I can see is more like rates going back to normal - in a historical context. I think by next week, the Yen would have finally broken FREE from the lost decades. And I guess...

i_am_siew Updated 

if it breaks above the previous high, looks like it is aiming for $95,000 Just be careful. Better still, SELL @ $95,000 As always, SELL when price is HIGH Good luck.

i_am_siew Updated 

Price is dropping. $ is making its way UP. What we were told is that the FED may not cut so soon because of the better than anticipated JOBs numbers. But the actual fact remains that US10Y is now in a position to support a RISE in $. And most likely we can anticipate EURUSD to fall to the double D in the chart. Good luck.

i_am_siew Updated 

Looking at price action tells me what the MARKET is thinking/doing. These past few days has not been easy to 'predict' movement because opposing the market are those who wish to see a weakening of the $ to drive down yield. Anyway, lets stick with the MARKET and trade accordingly. In all probabilities, we can see that the DXY will move higher in the coming...

i_am_siew Updated 

The chart above explains. The moment we have been waiting for. Remember previously when I said that $ would not rise because YIELD was too HIGH - now it seems that yield has fallen enough and is 'almost' there to allow for $ to rise. But it would be nice is US10Y continue to FALL. Good luck.

i_am_siew Updated 

The chart above explains. Price has now reached a critical area. What had happened so far is within ANTICIPATION. Price is just moving up aggressively - driven by none other than the MARKET MAKER for just one reason. It is not because they love XAU or whatever shit we may have heard from the MSM. Their reason is simple - Liquidity Grab. They are after all the...

i_am_siew Updated 

This chart is just for entertainment. The US is not in a very nice situation now. Simply because of the yield. As we know, if it goes back above 5%, there would be BIG trouble. From what I can see now, there is high probability of them trying to slow the $ going up. Looking at EURUSD, perhaps we are seeing signs of this now. Which is why the Japs are also...

i_am_siew Updated 

Buy when price is LOW. If we do not buy, Yellen would be under pressure. There is this still one misconception when it comes to $ and yield. Many still think that high yield caused $ to be strong. Actually, the truth is the other way round - a strong dollar causes yield to rise because less people will buy bonds denominated in USD - it is just getting...

i_am_siew Updated 

This chart is just for entertainment. If you have been following from the previous idea, you should know what is happening. If not, go back and read it. Good luck.

i_am_siew Updated 

Sell when price is HIGH - Buy when price is LOW Good luck.

i_am_siew Updated 

This FX pair is not for beginners. Even experienced ones need to be very careful. The only way to trade this is with a lot of patience. A simple calculation using current yield can tell us that 180 is precisely where it is setting its sight on. The D seems to agree. I will just wait. Wait for it to reach 180. Good luck. P/S : Do not just believe what I say....