dchua1969

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...

dchua1969 Updated 

Please refer to the 4H chart as shown. Good risk reward ratio. Always have a SL in place.

dchua1969 Updated 

The blue dotted line represents the resistance level - 147.944. You can short now with a very tight SL OR wait for the price action to break down from the bullish trend line to establish your position.

dchua1969

I will be nibbling this stock this week as I believe the bottom is here and while I may not buy at the exact bottom, I believe the premium segment of CRB Holdings will continue to grow strong. The upside potential is high. Please DYODD

dchua1969

We have a bearish pin bar yesterday and it is likely the price will retrace to 37.26 price level. There, I would be happy to accumulate more. Please DYODD

dchua1969

This is not a short term trade , in fact it should be a mid to longer term investment instead ! I believe the chinese yuan, RMB will continue to strengthen against the USD in the mid to longer term. Short term, we may find some sideway movements before it eventually breaks down from the 7.11 price level. The target is 6.825. Please don't expect it to be a...

dchua1969 Updated 

I have intentionally put a bigger SL for this first long position so that I won't be stopped out unnecessarily. Best of luck !

dchua1969

I just nibble some silver on XAGUSD yesterday and believe it will closer the gap nearer with XAUUSD

dchua1969

As if timing cannot be more coincidental, Trump has announced slapping 25% tariff on Japan and South Korea. This sends chills back to the stock market as the SPX has recently climbed and exceeded the previous high of 6148 price level. This week, I expect the SPX to retrace to the various levels I indicated on the chart. Profit target 3 and 4 looks less likely but...

dchua1969

So we have seen the DJA basket of stocks rallying of late and I believe this trend will continue , considering they are laggards compared to SPX and NDQ. When the tech stocks retrace (look at the parabolic rally ), the DJA stocks should be climbing its due rally. This is how I diversify my risk portfolio, though 80% of the profits are still made in the tech...

dchua1969

Imagine you are based in Taiwan, never mind if you are a local or foreigner there. You probably have to exchange TW dollars to US dollars in order to invest in the US markets. From the forex perspective, you are already in a loss position of more than 13% from April onwards, never mind if your SPX or QQQ ETF has outperformed. Say it has gone up by 20% , your...

dchua1969

This is the 1H chart and I have indicated a good profit margin on the chart.

dchua1969

Please watch this interesting article and feel the cool nice breeze blowing along........... Nice , isn't it ? As I read this article, I can't help as if a REAL giant fan was blowing at me although I know it is not REAL, just an image in my mind, magnified by the LED image and the sound as well. And for a moment, I allowed it to play with my mind and...