Hi EB, what will happen to the regional stock markets and commodities prices if US strikes North Korea? I hope you can share your view.
price movement very nice..
but don' t expect to recover all the way to   28cts without pull backs...
can see good profit for those accumulated last week...
 
 
TechnicalTrader ( Date: 24-Mar-2017 01:15) Posted:
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Noble 30min chart side way. It has rsi below 30 and touch 70. Is it dangerous to long at 18.3 and short at 19.2?
:) ya. Want to load Noble.   But still looking for support.   Last few days end up bull trap.
TechnicalTrader ( Date: 24-Mar-2017 01:17) Posted:
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Don' t forget. But must also keep an eye on US market
It is time to start accumulating N21 if you have not done so...
Long-, mid-, short-term? set your own target..... 
Although some say the drop is due to bond issue and consolidation of share, these are just excuses taken for correction.
IMO, Correction is about to end (if not already ended). It is time to start buying.
 
I dunno TA but from looking at Noble price movement so far, it is very close to your analysis.   I suppose the " won' t see a strong bounce up" includes the situation when it bounced fairly quickly from 0.184 to 0.191 then retrace to 0.187 today i.e. overall net bounce is small.
Just a qn - when there is a fairly specific reason that initiated the sell-down ie. the share consol news, will TA still be accurate or it will be thrown off because the market is more or less in a knee jerk reaction becos historically share consols lead to lower market cap overall. Or will TA continue to be accurate because how people behave / share price behave will still have predictable path even in this situation?
Sorry if I' m not clear but I hope u get what I mean. I suppose it will be the same qn when a Co suddenly shocks the market with a poor set of results. Will TA be accurate or thrown off in the short term?   Thanks!
earlybird14 ( Date: 22-Mar-2017 22:11) Posted:
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The House is going to vote on Trump' s healthcare plan, the AHCA (anytime between tonight and monday). It will be the first test to see if Trump can get his pro-business agenda passed. If Obamacare is repealed, markets most likely will shoot up with confidence and Trump can get his pro-business agenda through Congress when it comes up for a vote later this year.
Let' s see... 
15/30min rsi overbought, how to analyze
Thank for ur sharing. I had read though many time and will keep this msg for my review. Thks again
earlybird14 ( Date: 22-Mar-2017 22:11) Posted:
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18.4-18.6. Still within the week support range. Month chart? Still down since below bollinger line. Side way? Now all chart are downtrend line.
Sideway is cross midbollinger touch upper, after touching upper support Above mid bollinger and move up and break upper midbollinger, up trend form.
For day chart to reverse, you have to wait 4 hrs chart to sideline, cross 4hr midbollinger touch upper, come down and support either at midbollinger or low bollinger, for this to form, minimum 5-6 days, normally 10 days.
Day chart touch RSI oversold, 4hr is oversold too. But if you refer to uptrend overbought, the oversold RSI is not very oversold. Due to it is a slow moving down, you won't see a strong bounce up.
The 25 to 22.5, and 27.5 to 21 both are very overbought at day and 4hr. And both of them up very fast, leave those 4hr midbollinger 1hr and 2 hr mid bollinger very behind.
So when they start to come down, the 30mins and 15 mins will fill the gap quickly to 1-2 hr midbollinger, people see this quick sell down, will scare and stop buying.
However this round downtrend, is down slowly pips by pips, So you will have 19 at 1hr mid bollinger, 19.5 at 2hr and 19.8 at 4hr. And from time to time, they will move down, so thing like 27.5 to 21 won't happen on this kind of slow falling.
Still wait for day chart to sideline and find support with minimum 5-6 days
Sideway is cross midbollinger touch upper, after touching upper support Above mid bollinger and move up and break upper midbollinger, up trend form.
For day chart to reverse, you have to wait 4 hrs chart to sideline, cross 4hr midbollinger touch upper, come down and support either at midbollinger or low bollinger, for this to form, minimum 5-6 days, normally 10 days.
Day chart touch RSI oversold, 4hr is oversold too. But if you refer to uptrend overbought, the oversold RSI is not very oversold. Due to it is a slow moving down, you won't see a strong bounce up.
The 25 to 22.5, and 27.5 to 21 both are very overbought at day and 4hr. And both of them up very fast, leave those 4hr midbollinger 1hr and 2 hr mid bollinger very behind.
So when they start to come down, the 30mins and 15 mins will fill the gap quickly to 1-2 hr midbollinger, people see this quick sell down, will scare and stop buying.
However this round downtrend, is down slowly pips by pips, So you will have 19 at 1hr mid bollinger, 19.5 at 2hr and 19.8 at 4hr. And from time to time, they will move down, so thing like 27.5 to 21 won't happen on this kind of slow falling.
Still wait for day chart to sideline and find support with minimum 5-6 days
SgYuan ( Date: 22-Mar-2017 19:38) Posted:
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Short term Market correction finally here?
Noble break week chart mid Bollinger, 4hr rsi oversold, month chart moving up to mid Bollinger, 30min/4hr look side way. This means a long side way of 5 to 6 days?
Because Apple pull Nasdaq up with her manufacturers. But Dow and s&p never cross high.
You read MACD u should know day chart MACD had been red for weeks, coming down and break day uptrend just the matter of time.
You read MACD u should know day chart MACD had been red for weeks, coming down and break day uptrend just the matter of time.
TechnicalTrader ( Date: 22-Mar-2017 08:33) Posted:
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in fact Nasdaq hit all time high before it dropped. 
earlybird14 ( Date: 21-Mar-2017 23:51) Posted:
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- Wall St. closed lower on Tuesday, led by financials, as uncertainty concerning the timeline of the Trump administration pro-growth policies weighed on sentiment.
- The Federal Reserve&rsquo s dovish comments last week concerning the pace of the rate hikes and worries that President Donald Trump will struggle to implement some of his pro-growth policies, which includes tax reform, weighed on Financials and the broader market.
- Meanwhile, better than expected economic data failed to lift sentiment as investors feared that Donald Trump would not be able to convince enough Republicans to repeal the Affordable Care Act ahead of a key House vote scheduled for Thursday.
- Fears that the Trump administration&rsquo s plan to replace Obamacare may take longer than expected, sparked concerns of further delays to the introduction of pro-growth policies such as tax-reform.
- The current account deficit, fell 3.1% to $112.4 billion. Better than expectation.
- Apple Inc failed to hold onto gains despite the announcement of a new version of its iPad and special edition of the iPhone 7 and iPhone 7 plus, expected in stores on Friday.
 
earlybird14 ( Date: 21-Mar-2017 23:51) Posted:
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A very obvious analysis and all pay off 100% within 2 weeks.💪 💪 💪
earlybird14 ( Date: 11-Mar-2017 22:16) Posted:
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Gbp up yen up, s&p down.
100% score from me.
Not because the broker is not accurate just they show what they want you to see.
100% score from me.
Not because the broker is not accurate just they show what they want you to see.
TechnicalTrader ( Date: 21-Mar-2017 08:20) Posted:
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Big fat cat is now eating vietnamese popiah. Now im gonna shoot his birdie.piang piang
famouspinky ( Date: 21-Mar-2017 00:00) Posted:
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Dow and Nasdaq gonna first hit before sell in May and go away