dchua1969

dchua1969

Look at the circled region. IF the equity market will to fall/crash/or goes into a bear market, then I would expect more people will start to snap up the YEN dollars. That means, we can expect this pair to go south........ This is a mid to longer term trade set up so lots of patience needed. As usual, please DYODD

dchua1969

There are no lack of experts and gurus coming out to say the market will crash because of blah blah blah.......Take it with a pinch of salt and it is more important to base your decisions from your own research. Of course, if you are heavily concentrated in one geographical region say US market or sector eg IT/AI/COMs etc then you might want to rebalance your...

dchua1969 Updated 

Never mind if I am late in the game. I think there is still some room for the Aussie dollars to rally. I have indicated two potential profit targets. Please DYODD

dchua1969 Updated 

Please refer to the day chart, potential profits targets and stop loss shown.

dchua1969

A follower asked for my opinion on this stock which he said many are shorting this and asks if he should be a contrarian instead. I do not own this stock and has no intention to at this moment but just looking at the chart, here's my 2cents : 1) price has fallen by 70+% from the peak from June 2024 (more than 12 months of bearish moves) 2) price is still in the...

dchua1969

I expect the price to continue to head south in the coming weeks and find support at 119-123 price level. Then, it would have fallen 25% from the peak and hopefully, at this support level, we can see a turnaround in the price movement. It is also possible that prices may fall a bit further below this support level to create a bear trap before it rebounds. No...

dchua1969

Buying zone 1 looks immediate to me in the coming weeks so here I will deploy partial capital to invest in this software company. If trend persists and it comes to buying zone 2, I will accumulate more. If you become greedy and just wait for buying zone 2, it may not come at all. Prices may just turn around from buying zone 1 and shoot up. Then, you will miss an...

dchua1969

So my EURUSD pair was stopped out with a profit. Now, at this price level, it looks like the selling pressure is not finished so I will be waiting....... As I want to LONG ONLY so I will not be shorting this pair for now. Let's check back later to see how the price movement is

dchua1969

I am watching this office occupancy space closely as SG is a land scarce country and the government is introducing a more balance idea of work and play concept into the prime office area. This should boost occupancy rates down the road. Rental rates are projected to increase as well so that is a positive sign. Many businesses that wants to tap into the Asia...

dchua1969

Congrats to all who are invested in the HSI index , ETF or individual stocks in HK. You should be smiling as the index crossed the 25k mark. The next level I am looking at will be 27k mark and this will not be a straight line (as usual). Buy on pullback. Of course, there are still many who think HK/China markets are not investable, to each his own. Everyone is...

dchua1969

Come join the party and bring the USD down, haha. This is the 4H chart and the day is still showing a bullish trend. Please DYODD

dchua1969

Latest news here You can either LONG the Nikkei 225 CFD or short the USDJPY. As usual, please DYODD

dchua1969

www.cnbc.com With articles like this, suddenly all those who claims China market was "uninvestable"are sitting up and taking a closer look at this market again. For those who have followed me, please refer to my past posts on HSI and FXI and various Chinese companies, most listed in HK but some in China as well. The one sector that I remain bearish is the...

dchua1969

If you bought silver 13 years ago, you would probably break even minus the inflation costs that you have to bear. Now, if this trend continues, that is it stays above the 37.52 mark and remains bullish, then the next resistance it will revisit will be 43.49. Do set aside 5-10% of your capital into Gold and/or Silver , this would be a good hedge in the coming...

dchua1969 Updated 

I could be wrong but I think Mexico has a weaker bargaining power over US in the tariffs matter. As such, I would expect its currency to weaken against the USD sooner/faster than the Canadian dollars. Day chart shows 20.83 resistance level - if this cannot be break up, then I expect it to falter and get shot down fairly soon. Please DYODD

dchua1969

Please see day and 1H chart , all bullish This digital asset whether you believe it is productive and generates cash flow or not, please put 1-3% of your capital to it. Buy and keep long term , avoid trading unless you like volatility.

dchua1969 Updated 

please take a look at the 30m chart. I am short at time of writing this post. As usual, have a higher SL and watch your position sizing. Do not be greedy and stack up unnecessarily. Please DYODD

dchua1969 Updated 

I am LONG on this pair at time of writing. IT is important to adjust your paper profits NOT SO high that it will wipe you out and you need to restart at a higher buying price. Say you have 2 contracts and is in profits position, you can take 1 contract or 0.5 or 1.5 size and leave the remaining to run at breakeven SL position. That way, if you are riding on the...