Saturday, 30 January 2016

USDJPY Technical Analysis For Your Learning: 30 January 2016, Saturday, 2.22am Singapore Time


USDJPY Technical Analysis For Your Learning: 
30 January 2016, Saturday, 2.22am Singapore Time

Attached above is the daily chart for USDPY as well as my longs entry, stops placed and exit point (profits taking point).
After shorting the Japanese Yen by buying USDJPY, I am taking all my USDJPY longs profits before the forex market closes in 3-4 hours' time.

Bank of Japan's news release of negative interest rates shocked markets, but actually are markets really that shocked? Of course not. 10 days ago, i.e. 8 trading days ago, I already said, based on technicals, USDJPY was going to rebound (refer to attached link below). I even charted the path of the rebound, and bought before the news. USDJPY is now going where I said it is going, and I am taking profits and selling USDJPY on news.

This is the technique of buy-before-the-news (buy on breakdown, buy on fear) and sell-on-news when sentiment is good (sell on rally, sell on greed).

¥2.6 million Yen profits in 10 days, or S$30k SGD in 10 days, translating to +S$3k SGD per day. There is no need to even go in-out-in-out-in-out the market like a confusing busy idiot. Go in, sleep, alarm clock sounds, wake up, take profits, go shopping. Simple and sweet.

:: Related ::
Previous USDJPY Analysis (made 10 days ago) as below:
http://donovan-ang.blogspot.sg/2016/01/usdjpy-technical-analysis-20-january_20.html

Above are the profits in (¥) Japanese Yen (JPY).
Below are the profits converted into (SD) Singapore Dollar (SGD).



Profits in this trade:
+S$ 30,581 SGD

Cumulative:
S$ 194,977 + S$ 30,581
= + S$ 225,558 SGD

Trading Journal:


Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

Friday, 29 January 2016

Funds Flow Analysis (FFA): 29 January 2016, Friday, 9.59pm Singapore Time


Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
29 January 2016, Friday, 9.59pm Singapore Time
Donovan Norfolk Ang Funds Flow Analysis Indicator 
for Worldwide Financial Markets 
29 January 2016, Friday, 9.59pm

Broad Markets / Big Markets / Big Wind Directions

US markets (DJIA. S&P500 and NASDAQ) are 00 hour 31 minutes away from opening for trading while European markets are in the first 05 hours 59 minutes of trading.

Based on current latest computational results, Holdings Index Strength of Big Monies have changed from +10.000 (Maximum Strength Longs) to +10.000 (Maximum Strength Longs) in strength on the Donovan Norfolk Funds Flow Index OscillatorOn the other front, Smart Monies' Bullish Calls Holdings on hand changed from +0.816 to +0.495 in strength on the Donovan Norfolk Funds Flow Index Oscillator.  

Big Money Aggregated Strength (posture) in holdings changed from +5.408 to +5.248 in strength (Smart Monies are Strong Strength Longs in Aggregated Holdings Currently)

Broad Market (Big Wind Direction) Short-Term / Mid-Term Posture by Big Hands:

In the financial markets worldwide today:

+ Worldwide Smart Monies maintain MAXIMUM LONGS STRENGTH IN HOLDINGS irregardless of market volatility in any direction
+ The amount of longs held by Smart Monies have shot through the roof.
+ Worldwide Smart monies consolidated their bullish calls in holdings.
+ Worldwide Smart Monies are dual longs in holdings.
+ Worldwide Smart Monies are bullish biased in the short-mid term.
+ There is no protection against any downside (i.e. bullish)
+ Pre-CNY and Lunar New Year/Chinese New Year Worldwide Stock Market Rallies expected.

+ For 2016, US markets of Dow Jones Industrial Avg, S&P 500 and NASDAQ composite are still expected to break up more all time new highs since 2008 financial crisis.

Worldwide financial markets are executing the following basic technical structures:

Long termLast wave up for US markets; Bear Markets for Asia & Europe
Mid term Correction bottoming out
Short term: Uptrend

The order of how individual stocks will transit into their individual bear markets respectively

While Long Term Major Top starts to form in indices worldwide, the following is the order of how individual stocks will transit into their individual bear market respectively:

1. Weakest stocks (2.27% of the entire broad market) will start to transit into their bear markets in 2012, making it 2.27% of the entire broad markets in bear market (market indices to still make highs). 

2. Weaker stocks (the next 13.59% of the broad market) will start to transit into their bear markets in 2013, making it 2.27%+13.59%=15.86% of the entire broad markets in bear market (market indices to still make new highs but with deceleration). 

3. Weak stocks (the next 34.13% of the broad market) will start to transit into their bear markets in 2014, making it 15.86%+34.13%=49.99% of the entire broad markets in bear market (market indices to consolidate and to peak out)

4. Strong stocks (the next 34.13% of the broad market) will start to transit into their bear markets in 2015, making it 49.99%+34.13%=84.12% of the entire broad markets in bear market (market indices to start to go downtrend)

5. The stronger and the strongest stocks (the remaining 15.88% of the broad market) will transit into their bear markets in 2016 onwards, making it 84.12%+15.88%=100% of the entire broad markets in bear market (market indices in bear market).

-----------------------------------------------------------------------------------------------------------------
Donovan Big Money Funds Flow Computational Oscillator
-----------------------------------------------------------------------------------------------------------------

Donovan's Funds Flow Analysis Index Oscillator:
-10 ----- 0 ------+10
Donovan's Funds Flow Analysis Strength-Index Scale Key:
negative (-ve) = shorting;
positive (+ve) = longing;
0.000-0.999: Neutral / Negligible Net Holdings
1.000-2.999: Weak strength / weak holdings
3.000-4.999: Moderate strength / moderate holdings
5.000-6.999: Strong strength / high holdings
7.000-8.999:Very strong strength / very high holdings
9.000-10.000:: Maximum strength / maximum holdings

Implication of Broad Markets/Big Markets/Big Wind Indices Directions
If it is a rising tide in Index Big Wind, most or almost all stock boats generally rise;
If it is a receding tide in Index Big Wind, most or almost all stock boats generally go lower.
Hence the importance of Big Wind Directions blown by Big Hands.



Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

US Light Crude Oil (WTI Oil) Technical Analysis For Your Learning: 29 January 2016, Friday, 8.53am Singapore Time

US Light Crude Oil (WTI Oil) Technical Analysis For Your Learning: 
29 January 2016, Friday, 8.53am Singapore Time

Attached above is the hourly chart for US Light Crude Oil as well as my longs entry, stops placed and exit point.
I am taking partial profits (risk management), as intra-day sees some selling and today is Friday.

:: Related ::
Previous Crude Oil Analyses where I covered all my shorts and turned bullishness on oil rebound:
http://donovan-ang.blogspot.sg/2016/01/crude-oil-technical-analysis-for-your.html

Above are the profits in ($) US Dollar (USD).
Below are the profits converted into (SD) Singapore Dollar (SGD).



Profits in this trade:
+S$ 36,118 SGD

Cumulative:
S$ 158,859 + S$ 36,118
= + S$ 194,977 SGD

Trading Journal:


Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

Thursday, 28 January 2016

Funds Flow Analysis (FFA): 28 January 2016, Thursday, 9.20pm Singapore Time


Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
28 January 2016, Thursday, 9.20pm Singapore Time
Donovan Norfolk Ang Funds Flow Analysis Indicator 
for Worldwide Financial Markets 
28 January 2016, Thursday

Broad Markets / Big Markets / Big Wind Directions

US markets (DJIA. S&P500 and NASDAQ) are 01 hour 10 minutes away from opening for trading while European markets are in the first 05 hours 20 minutes of trading.

Based on current latest computational results, Holdings Index Strength of Big Monies have changed from +10.000 (Maximum Strength Longs) to +10.000 (Maximum Strength Longs) in strength on the Donovan Norfolk Funds Flow Index OscillatorOn the other front, Smart Monies' Bullish Calls Holdings on hand changed from +1.604 to +0.816 in strength on the Donovan Norfolk Funds Flow Index Oscillator.  

Big Money Aggregated Strength (posture) in holdings changed from +5.802 to +5.408 in strength (Smart Monies are Strong Strength Longs in Aggregated Holdings Currently)

Broad Market (Big Wind Direction) Short-Term / Mid-Term Posture by Big Hands:

In the financial markets worldwide today:

+ Worldwide Smart Monies maintain MAXIMUM LONGS STRENGTH IN HOLDINGS irregardless of market volatility in any direction
+ The amount of longs held by Smart Monies have shot through the roof.
+ Worldwide Smart monies consolidated their bullish calls in holdings.
+ Worldwide Smart Monies are dual longs in holdings.
+ Worldwide Smart Monies are bullish biased in the short-mid term.
+ There is no protection against any downside (i.e. bullish)
+ Lunar New Year/Chinese New Year Worldwide Stock Market Rallies may be expected.

+ For 2016, US markets of Dow Jones Industrial Avg, S&P 500 and NASDAQ composite are still expected to break up more all time new highs since 2008 financial crisis.

Worldwide financial markets are executing the following basic technical structures:

Long termLast wave up for US markets; Bear Markets for Asia & Europe
Mid term Correction bottoming out
Short term: Uptrend

The order of how individual stocks will transit into their individual bear markets respectively

While Long Term Major Top starts to form in indices worldwide, the following is the order of how individual stocks will transit into their individual bear market respectively:

1. Weakest stocks (2.27% of the entire broad market) will start to transit into their bear markets in 2012, making it 2.27% of the entire broad markets in bear market (market indices to still make highs). 

2. Weaker stocks (the next 13.59% of the broad market) will start to transit into their bear markets in 2013, making it 2.27%+13.59%=15.86% of the entire broad markets in bear market (market indices to still make new highs but with deceleration). 

3. Weak stocks (the next 34.13% of the broad market) will start to transit into their bear markets in 2014, making it 15.86%+34.13%=49.99% of the entire broad markets in bear market (market indices to consolidate and to peak out)

4. Strong stocks (the next 34.13% of the broad market) will start to transit into their bear markets in 2015, making it 49.99%+34.13%=84.12% of the entire broad markets in bear market (market indices to start to go downtrend)

5. The stronger and the strongest stocks (the remaining 15.88% of the broad market) will transit into their bear markets in 2016 onwards, making it 84.12%+15.88%=100% of the entire broad markets in bear market (market indices in bear market).

-----------------------------------------------------------------------------------------------------------------
Donovan Big Money Funds Flow Computational Oscillator
-----------------------------------------------------------------------------------------------------------------

Donovan's Funds Flow Analysis Index Oscillator:
-10 ----- 0 ------+10
Donovan's Funds Flow Analysis Strength-Index Scale Key:
negative (-ve) = shorting;
positive (+ve) = longing;
0.000-0.999: Neutral / Negligible Net Holdings
1.000-2.999: Weak strength / weak holdings
3.000-4.999: Moderate strength / moderate holdings
5.000-6.999: Strong strength / high holdings
7.000-8.999:Very strong strength / very high holdings
9.000-10.000:: Maximum strength / maximum holdings

Implication of Broad Markets/Big Markets/Big Wind Indices Directions
If it is a rising tide in Index Big Wind, most or almost all stock boats generally rise;
If it is a receding tide in Index Big Wind, most or almost all stock boats generally go lower.
Hence the importance of Big Wind Directions blown by Big Hands.



Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

AUDNZD Technical Analysis: 28 January 2016, Thursday, 11.55am Singapore Time

AUDNZD Technical Analysis: 
28 January 2016, Thursday, 11.55am Singapore Time


Attached above is the daily chart of the AUDNZD. 

Chinese government's attempt to fend off the financial crocodiles from the Chinese Stock Market will cause AUD to benefit more than NZD, the blood brother of AUD, ceteris paribus (assuming all other factors remaining constant).

This pair becomes a good trade to price in the future event which is going to come. 
Markets will be executing a "buy AUDNZD first, talk later", akin to buy on speculation before news, sell on news.


Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

Wednesday, 27 January 2016

China A50 Index, Chinese RMB and George Soros: 27 January 2016, Wednesday, 3.10pm Singapore Time



China A50 Index, Chinese RMB and George Soros: 
27 January 2016, Wednesday, 3.10pm Singapore Time

Attached above is the weekly chart of China Stock Market.
All illustrations and write-ups in the chart are replicated below, with addition of notes as well:

Do not be surprised if George Soros is still shorting the Chinese RMB and has finished with shorting the Chinese Stock Markets at the same time (shorting RMB, shorting stocks and shorting indices early, and buying back Chinese stocks and index futures now).

If Soros shorts Chinese RenMinBi, and shorts China Stock Indices and Chinese Stock Market, it is likely the indices-equities shorts are focused on short term only; it is to force down the stock market with fear and force the Chinese government to pump in massive amounts of RMB to save the market.

Hence it becomes a win on both forex side and equities-futures side. The forex market is a way bigger market, a win on foreign exchange side (shorting RMB) will be much greater than the equities/futures loss if the Chinese government were to save the market and George Soros and smart monies have not gotten out of their shorts in time.

It is unlikely that Soros and the smart money crocodiles have not gotten out of their stocks and indices shorts because they are very high profile in the media regarding China shorts now. This means they might need everyone to short while they cover and buy from everybody who wants to sell-short. They need people to sell, which explains the limelight.

RMB Shorts are expected to still be in the holding though, because it is an almost sure-winner shorts under such a dual strategy in the forex and futures-equities markets (refer additional notes below for reasons).

:: Additional Notes ::

Side-note 1:
When PBOC (Chinese Central Bank) and Chinese government comes to intervene and drive off malicious speculation, they win too. This is because they buy up cheaply, and whips losses to the late shorts; RMB may suffer a bit, but it will further stimulate Chinese exports.

Side-note 2:
If China tries to save its market, it means they admit that their economy sucks and Chinese RMB is definitely over-valued; RMB has to be hammered down. There is more money released into the financial system as well.
If China do not try to save its market, the fear will further induce capital outflow, and RMB will automatically hammer itself.

Expect RMB to weaken again. George Soros to win in forex market like his track records.

In the end who is happy? George Soros, Wolves of Wall Street, Chinese Central Banks, Bankers, Western Smart Monies, Chinese Smart Monies. All synergising with a win-win and go laughing to the banks.

In the end who is sad? The naive ones who believe what financial crocodiles say, the fools, the ones who follow the herd and jump off the cliff, the common folks, the ones who do not put on thinking caps, the hard earned money of the commoners. The retailers.


When one is brilliant like Soros, money comes to oneself. The reverse is also true.
- Donovan Norfolk Ang


Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

EURUSD Technical Analysis: 27 January 2016, Wednesday, 10.48am Singapore Time

EURUSD Technical Analysis: 
27 January 2016, Wednesday, 10.48am Singapore Time

Attached above is the daily chart of EURUSD.
New progress in the development of EURUSD:
Reverse Shoulder-Head-Shoulder (Bullish) along the reverse neckline is now in progress.

If 1.08000 holds, EURUSD will attempt for a break up above the reverse neckline.
(Enter on Bullishness)


Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

NZDCHF Technical Analysis: 27 January 2016, Wednesday, 8.45am Singapore Time

NZDCHF Technical Analysis: 
27 January 2016, Wednesday, 8.45am Singapore Time

Attached above is the daily chart of the NZDCHF.

It is entering the pressure cooker zone from the supply side of the market. 
If it breaks up, it will fly; if it gets resisted (my anticipation), it will resume its long term downtrend.
(Bearish)

Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

EURUSD Technical Analysis For Your Learning: 27 January 2016, Wednesday, 1.12am Singapore Time


EURUSD: 

27 January 2016, Wednesday, 1.12am Singapore Time

Attached above is the hourly chart for EURUSD  as well as my shorts entry, stops placed and exit point.
I am cutting all my EURUSD Shorts positions now as index markets and US Stock Markets are rallying right now and EURUSD refused to be hammered down. It can even recover strongly in intraday chart after breaking down the trendline support in the hourly chart action as above. It is making me uncomfortable and so I am getting out of all EURUSD trades and removing my bearish view on EURUSD. I am neutral on EURUSD now and will be totally sidelined from this pair as a risk management (to minimize loss or any potential damage).

:: Related ::
Previous EURUSD Analyses:
http://donovan-ang.blogspot.sg/search/label/EUR-USD

Above are the losses in ($) US Dollar (USD).
Below are the losses converted into (SD) Singapore Dollar (SGD).



Losses in this trade:
-S$ 10,794 SGD

Cumulative:
S$ 169,653 - S$ 10,794
= + S$ 158,859 SGD

Trading Journal:



Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.