Forexbae

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    • ForexbaeForexbae
      ·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)$
      2,2326
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      Is Wilmar still a short?
    • ForexbaeForexbae
      ·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)$
      1,8932
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      Thoughts on SingTel?
    • ForexbaeForexbae
      ·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)$
      1,0502
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      Shorting Geely?
    • ForexbaeForexbae
      ·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)$
      1,3271
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      Shorting Singtel?
    • ForexbaeForexbae
      ·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)$
      8341
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      Shorting Meituan?
    • ForexbaeForexbae
      ·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)$
      1,4722
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      Buying SingTel?
    • ForexbaeForexbae
      ·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)$
      1,1962
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      Buying Geely?
    • ForexbaeForexbae
      ·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] $Geely 5xLongSG220621(DDHW.SI)$
      5731
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      Update on Geely
    • ForexbaeForexbae
      ·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)$
      1,1198
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      Buy Geely?
    • ForexbaeForexbae
      ·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] $Alibaba 5xShortSG230202(DAGW.SI)$
      9,87167
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      Anyone buying baba?
       
       
       
       

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