Blog and Rants

This is not a trade. I thought it might be helpful to post the intraday chart (5-min) of ASX200 index. If one pays enough attention to the chart, it is not too difficult to draw out the structure in terms of supply, demand zones. First of all, I assume you have the knowledge to identify […]

Just to post a quick chart before the market gets busy again. Cable, $GBPUSD , zone around 1.5235 might provide some trading opportunity. The confluence of supply line and zone, and SR flipped zone. I am watching this level closely.

[tab: Setup 21 Feb 2013] I am looking at the zone around 92.75 of USDJPY for some reactions. It is a retest of H1, H4 uptrend line and also the base of last spike. Let’s see how it goes. [tab: update 22 Feb 2013] It depends on the buffer you’ve set, or if you leave […]

So, big sell off of GBP. There are loads of retracement levels for GBP crosses. I am taking GBPJPY to show potential reaction zone. M30 – Around 143.90 zone. A retest of previous support turned resistance, with confluence of supply line, and the base of sell off. This zone should provide some reactions. M5- Detailed […]

After spending the whole night working on the website migration, I am happy to say the site is back online now.  However, there are still some bugs caused by the old WordPress plugins which I will need some time to fix it. The most obvious problem is the photos/charts which were posted using Photopress plugin […]

I am moving the site to a new hosting server over the weekend, so there might be some expected hiccups/down time. Fixing is in progress, and of course, I am working on new content for this site.