Blog and Rants

[tab:Setup] After RBA’s decision to leave cash rate on hold at 4.75%, I see an interesting setup in ASX200. This is an intraday trade setup. I am testing the idea with small risk. As long as the last low holds well, long bias remains. Let’s see how it works out. Here is the …. CHART! […]

A bearish harmonic setup is observed while NZDUSD is retesting the broken trend line. Bias remains short for now.  

In case you haven’t noticed, I started a new page named “Intraday view“. Nothing fancy, basically, I am posting charts mentioned in my tweets which I found to be interesting throughout the day. No detailed comment will be given, just charts. I figured these charts might help some of my 13 readers, or at least, […]

Here is another potential swing trade setup I have been looking at. $AUDNZD is testing the established down trend line, and with completion of bearish ABCD formation. I expect price to face resistance at this level. I’ll be watching price action closely next week to confirm my thought. Here is the….CHART!

EURGBP pulls  back to the previously broken down trend line, and also complete a bullish harmonic formation. This presents a potential long opportunity with first target around 0.8880. Here is the…..CHART!

I maintain my short bias of $NZDUSD for now after the established uptrend line was broken earlier this month. The broken trend line was retested and acted as resistance. I have been making some daytrades for the past couple of days. However, for the bigger picture, I am now looking at a potential swing trade, […]