Forexbae
Forexbae
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avatarForexbae
2021-12-21

Is Wilmar still a short?

Hola guys, I'm looking to short $WILMAR INTERNATIONAL LIMITED(F34.SI)$With the current downtrend and price moving below ichimoku, im looking to short at 4.06 in line with the last overlap resistance. Take profit at 161.8% Fibonacci extension level of 4.06 and my stop loss will be at the next overlap resistance in line with with the 50% Fibonacci retracement area of 4.12. Entry: 4.06[Smile] Take Profit: 3.93[Miser] Stop Loss: 4.12[Cry] $Wilmar 5xLongSG220225(DFHW.SI)$$Wilmar 5xShortSG230825(DHGW.SI)$
Is Wilmar still a short?
avatarForexbae
2021-12-20

Thoughts on SingTel?

Hey guys! Let me know your thoughts on $SINGTEL(Z74.SI)$With the current downtrend of price moving within the descending trendline and price moving below the ichimoku cloud, I'm looking to short if it retraces to 2.36 where the overlap resistance is. I'll have my stop loss at the last swing high at 2.43 and my take profit at 2.25 in line with the 100% Fibonacci projection.Entry: 2.36[Smile] Take Profit:2.43[Miser] Stop Loss: 2.25[Cry] $Singtel 5xShortSG230713(DKMW.SI)$$Singtel 5xLongSG231214(DBYW.SI)$
Thoughts on SingTel?
avatarForexbae
2021-12-16

Shorting Geely?

Hey guys, Let me know your thoughts of me shorting $GEELY AUTO(00175)$ if it goes back to retest the graphical horizontal resistance which aligns with the resistance of the ichimoku cloud and 50% Fibonacci retracement at 24.6. I'm thinking it will respect the resistance there and drop to 21.35 where the next swing low is and I'll have my stop loss probably slightly above the swing high resistance at 27.05 area.Entry:24.6[Smile] Take Profit:21.35[Miser] Stop Loss:27.05[Cry] $Geely 5xLongSG230331(DVPW.SI)$$Geely 5xShortSG230126(DDEW.SI)$
Shorting Geely?
avatarForexbae
2021-12-14

Shorting Singtel?

Hey guys, looking to short $SINGTEL(Z74.SI)$ Let me know what ya'll think.Im looking to get in at the resistance of the ichimoku and horizontal overlap resistance at 2.47 where the 50% Fibonacci retracement is as well. Taking profit at the next swing low support at 2.36 and stop loss at the next horizontal swing high resistance at the 76.8% Fibonacci retracement at 2.53.Entry:2.47[Smile] Take Profit:2.36[Miser] Stop Loss:2.53[Cry] $Singtel 5xShortSG230713(DKMW.SI)$$Singtel 5xLongSG231214(DBYW.SI)$
Shorting Singtel?
avatarForexbae
2021-12-13

Shorting Meituan?

Hey guys, let me know what you think about shorting $MEITUAN-W(03690)$My entry to short is at 263. That's where the 50% Fibonacci retracement, resistance for the ichimoku and the graphical overlap resistance lines up. I'll take profit at the next support at 231 or even lower at 226 where the 61.8% Fibonacci retracement is and have my SL at 286 in line with the 78.6% Fibonacci retracement.Entry: 263[Smile] Take Profit: 226[Miser] Stop Loss: 286[Cry] $Meituan 5xLongSG220808(DMGW.SI)$$Meituan 5xShortSG231214(DARW.SI)$
Shorting Meituan?
avatarForexbae
2021-12-02

Buying SingTel?

Hey guys, I'm looking to get into $SINGTEL(Z74.SI)$ for a buy at 2.30 to 2.58. It's currently inside the ichimoku cloud. I'm expecting it to bounce off the cloud's support where the graphical horizontal overlap support in line with the 61.8% and 78.6% Fibonacci retracement. I'll have the stop loss at 2.22 where the next horizontal overlap support is. Stop loss could possibly go lower in case of wicking.Entry:2.30[Smile] Take Profit:2.58[Happy] Stop Loss:2.22[Cry] $Singtel 5xLongSG231214(DBYW.SI)$$Singtel 5xShortSG230713(DKMW.SI)$
Buying SingTel?
avatarForexbae
2021-11-30

Buying Geely?

I'm looking to buy $GEELY AUTO(00175)$Let me know what you guys think bout my entry at 17.25 where the 78.6% Fibonacci retracement and ichimoku support is at. I'll probably play it to 29.2 where the 61.8% Fibonacci retracement is and have my stop loss at 10.55.Entry:17.25[Smile] Take Profit: 29.2[Happy] Stop Loss:10.55.[Cry] $Geely 5xLongSG220621(DDHW.SI)$$Geely 5xShortSG231214(DCDW.SI)$
Buying Geely?
avatarForexbae
2021-11-26

Update on Geely

Hey guys, Here's an update from my last post on $GEELY AUTO(00175)$ let me know what ya'll think!Personally I still think its a buy but only now at a better price now. With price expected to bounce off the support of the stochastics support, I'm still thinking to buy at 24.83 where the ichimoku support and graphical horizontal support is, to 27.5 in line with the horizontal swing high resistance and 78.6% Fibonacci retracement. My stop loss will be at 23.8 area where the 61.8% Fibonacci retracement is, making this a really good risk to reward trade if it plays out.Entry:24.83[Smile] Take Profit: 27.5[Cool] Stop Loss:23.8[Cry] $Geely 5xLongSG220621(DDHW.SI)$
Update on Geely
avatarForexbae
2021-11-24

Buy Geely?

Hey guys, let me know what ya'll think of $GEELY AUTO(00175)$With price expected to bounce off the support of the stochastics support, I'm thinking to buy at 25.3 where the ichimoku support and graphical horizontal support is, to 27.6 in line with the horizontal swing high resistance and 78.6% Fibonacci retracement. My stop loss will be at 23.4 area where the 50% Fibonacci retracement is.Entry:25.3[Smile] Take Profit: 27.6[Miser] Stop Loss:23.4[Cry] $Geely 5xLongSG220621(DDHW.SI)$$Geely 5xShortSG231214(DCDW.SI)$
Buy Geely?
avatarForexbae
2021-11-18

Anyone buying baba?

Hey guys, Let me know what ya'll think bout buying $Alibaba(09988)$Price is at the ichimoku and stochastics trendline support. On top of that, it's on a graphical horizontal support where the 50% Fibonacci retracement is. Seems like a strong support zone and I'm hoping price bounces off 156.4 to 165.1 where the horizontal swing high resistance and 38.2%Fibonacci retracement is. I'll have my stop loss at the 61.8% Fibonacci retracement at the last support level at 151.2. In case I'm wrong, I'll be able to get out of the trade fast! If this set up is right though, it's a 1:2.3 risk to reward.Entry:156.4[Smile] Take Profit:165.1[Miser] Stop Loss:151.2[Cry] $Alibaba 5xShortSG230202(DAGW.SI)$
Anyone buying baba?
avatarForexbae
2021-11-17

Short on Sunny?

Hey guys. I’m looking to short $SUNNY OPTICAL(02382)$let me know what you guys think bout my setup. With the current downtrend and price being under ichimoku, I’m shorting from 221.4 where the horizontal overlap resistance and 23.6% Fibonacci retracement is, taking profit at 216.8 in line with the 78.6% Fibonacci retracement and stop loss at the 50% Fibonacci retracement and horizontal overlap resistance at 224. Entry: 221.4[Smile] Take Profit: 216.8[Miser] Stop Loss: 224[Cry] $Sunny 5xShortSG230825(DFSW.SI)$$Sunny 5xLongSG230920(DSDW.SI)$
Short on Sunny?
avatarForexbae
2021-11-16

Anyone else buying UOB?

Morning guys! what do you think of $UNITED OVERSEAS BANK LIMITED(U11.SI)$I personally think it’s on an uptrend because of the obvious ascending uptrend and the fact that price is moving above the ichimoku cloud. I’m thinking to buy the dip at 27.39 where the 38.2% Fibonacci retracement and horizontal swing low is. Planning to take profit at the swing high at 28.03 and have my stop loss at the 61.8% Fibonacci retracement at 26.91 area.Entry: 27.39[Smile] Take Profit: 28.03[Miser] Stop Loss: 26.91[Cry] $UOB 5xLongSG230713(DHBW.SI)$$UOB 5xShortSG221201(DEZW.SI)$
Anyone else buying UOB?
avatarForexbae
2021-11-15

Any thoughts on buying Geely?

Hey guys! Please comment your thoughts on$GEELY AUTO(00175)$I’m looking to get in at 24.8 which to me is a strong support area. It’s where the support of the ichimoku cloud, 38.2% Fibonacci retracement level and horizontal overlap support all lines up. Will buy up to 28.05 where the 50% fibonacci retracement is and have my stop loss at 23.30 close to the 61.8% fibonacci retracement. I feel that it wont even get close to the stop Loss area. This set up has a good risk to reward at 1:2. Entry: 24.8[Smile] Take Profit: 28.05[Miser] Stop Loss: 23.30[Cry] $Geely 5xLongSG220621(DDHW.SI)$$Geely 5xShortSG231214(DCDW.SI)$
Any thoughts on buying Geely?
avatarForexbae
2021-11-11

Thoughts on buying baba??

 Hey guys! Give me your thoughts on $Alibaba(09988)$. It seems like it’s respecting the support on the ichimoku cloud and the graphical overlap support. Plus it’s at the support of the stocastics indicator so….im looking to get in for a buy. It’s at the 50% Fibonacci retracement level at 155.8. I’ll probably take profit at 172.1 where the 61.8% Fibonacci retracement area is and placed my stop loss at 141.2. I might just move my SL somewhere tighter if it really manages to break the ichimoku cloud to have a better risk and reward but for breathing space, tentatively it’s at 141.2. Entry: 155.8 [Smile] Take Profit: 172.1[Miser] Stop Loss: 141.2[Spurting] $Alibaba 5xShortSG230202
Thoughts on buying baba??
avatarForexbae
2021-11-10

Short of sunny?

Hey guys. I’m looking to short $SUNNY OPTICAL(02382)$let me know what y’all think. It’s testing the ichimoku resistance and stocastics resistance. Looking to get in at 203.2in line with the 38.2 Fibonacci retracement to 199.4 where the 100% Fibonacci projection is at. Stop loss at 205 making it a good risk to reward trade if it plays out. Entry: 203.2[Smile] Take Profit: 199.4[Miser] Stop Loss: 205[Cry] $Sunny 5xShortSG230825(DFSW.SI)$$Sunny 5xLongSG230920(DSDW.SI)$
Short of sunny?
avatarForexbae
2021-11-09

Short on Geely?

Hi guys. Let me know what you guys think bout $GEELY AUTO(00175)$I’m looking to short it at 26.30 to 25.35 where the 78.6% Fibonacci projection area is at. It seems like it’s rejecting my entry where the ichimoku resistance cum horizontal overlap resistance is. There’s an intermidiary support at 25.8 in line with the 61.8% Fibonacci retracement so might take put my first TP there. Stop loss will be at last resistance in line with 61.8% Fibonacci projection. Risk to reward is decent if it does it’s full potential.Entry: 26.3[Smile] Take Profit: 25.35[Cool] Stop Loss: 26.65[Cry] $Geely 5xLongSG220621(DDHW.SI)$$Geely 5xShortSG231214(DCDW
Short on Geely?
avatarForexbae
2021-11-08

Short retracement on sunny optical?

Hola guys! I’m looking to short $SUNNY OPTICAL(02382)$. on the stocastic, it seems like its rejecting the reisistance at 226.4 which is where i’ll be placing my stop loss or actually might move the stop loss higher above the wicks. My entry will be at 223.8 where the two body candles are at and take profit at 216.2 where the nearest support is. personally, im still bullish on this stock but thinking itll just do a short retracement.Entry: 223.8[Smile] Take Profit:216.2[Miser] Stop Loss: 226.4[Cry] $Sunny 5xShortSG230825(DFSW.SI)$$Sunny 5xLongSG230920(DSDW.SI)$
Short retracement on sunny optical?
avatarForexbae
2021-11-05

Potential bullish continuation on Geely?

Hola guys! An update from my last $GEELY AUTO(00175)$post. It triggered my entry just nice and is on its way up. Here’s an updated stop loss and another possible entry at the 26.8% Fibonacci retracmenet level. It’s still trading nicely above the ichimoku cloud. Let me know what you guys think.Entry: 25.7[Smile] Take Profit: 27.55[Miser] Stop Loss: 24.65[Cry] $Geely 5xShortSG231214(DCDW.SI)$$Geely 5xLongSG220621(DDHW.SI)$
Potential bullish continuation on Geely?
avatarForexbae
2021-11-03

Potential Buy on Geely?

Hey guys! I’m planning to go long $GEELY AUTO(00175)$. Let me know what you guys think. It’s bouncing off the support on the stocastics and is on a graphical swing Low from mid October. I’m looking to get in at 24.8 where the 127.2% Fibonacci projection is and taking profit at the 61.8% Fibonacci retracement area at 25.70. If things go south, my stoploss is at 24.5 in line with the 127.2% Fibonacci extension which is a super tight stop loss making this a really good risk to reward trade.Entry: 24.8[Smile] Take Profit: 25.75[Miser] Stop Loss: 24.5[Cry] $Geely 5xLongSG220621(DDHW.SI)$$Geely 5xShortSG231214(DCDW.SI)$
Potential Buy on Geely?
avatarForexbae
2021-11-02

Possible short on SingTel?

Hola guys! I’m looking to short $SINGTEL(Z74.SI)$. Let me know your thoughts! There are some bearish indicators on the 4Hwith the RSI approaching the descending trend line resistance and price moving below the moving average. It looks like price is tryingto break/test the ichimoku cloud as well. For these reasons, I’m biased that it’s bearish and looking to short to 2.44 in line with the horizontal swing Low support from 2.52 where the 38.2% Fibonacci retracement is. Going to place my stop loss at 2.57 where the swing high resistance is. Entry: 2.52[Smile] Take Profit: 2.44[Miser] Stop Loss: 2.57[Cry] $Singtel 5xShortSG230713(DKMW.SI)$
Possible short on SingTel?

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