USD/ZAR Daily Candlesticks & Ichimoku Chart –   SHORT 

Oct 2: Initiated short on the bearish candle

Oct 11: Took partial profits and let 50% of the position ride with adjusted S/L and T/P (For actual adjusted levels, click here)

USDZAR has pierced through the daily ichimoku cloud aggressively. A close below the cloud will confirm that the downtrend has only just begun.

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd

USD/TRY Daily Candlesticks & Ichimoku Chart –   SHORT  

TRY has been extremely resilient against the USD in recent days despite weakness in other Emerging Market currencies. USDTRY is poised to close below the daily Ichimoku cloud soon. The downtrend is about to begin in earnest.

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd

USD/ZAR Daily Candlesticks & Ichimoku Chart –   SHORT 

30 Aug: New Trade: Sell USD/ZAR at 15.235, with S/L at 15.54, and T/P at 14.54. Resistance building at 15.45-50 level getting stronger as time passes. Taking another stab at earning the carry and anticipating a weak close for the week will result in a bearish weekly candle.

13 Sep: Trade Update: USD/ZAR has sold off steadily since initiation of trade. With the trend looking strong, and level being close to target at 14.54, we are taking half profits at 14.5860. The remainder 50% of the position will now have the S/L moved to 14.94, and a new T/P at 14.03.

More weakness will lead to a close below the daily ichimoku cloud and we will be looking to sell into rallies should that happen.

CURRENT PROMO: Subscribe now at $1/month to receive the above earlier than the others as well as key macro analysis from our CIO, Vee on a weekly basis!

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd

EUR/AUD Daily Candlesticks & Ichimoku Chart –  SHORT 

EUR/AUD has broken & closed below the daily Ichimoku cloud. The downtrend begins…

CURRENT PROMO: Subscribe now at $1/month to receive the above earlier than the others as well as key macro analysis from our CIO, Vee on a weekly basis!

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd

USD/ZAR Weekly Candlesticks & Ichimoku Chart – SHORT

Bearish Weekly candle on the close of last week gives a good opportunity to short USD/ZAR with a stop just above the highs of the last few weeks.

CURRENT PROMO: Subscribe now at $1/month for 3 months to receive the above earlier than the others as well as other insights from our CIO, Vee on a weekly basis!

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd

MYR/THB Weekly Candlesticks & Ichimoku Chart – SHORT

MYR/THB has been trending lower for years, and continues to grind to all time lows. Is there any reason to stand in the way of such a strong trend?

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd

XAU/USD (Gold) Weekly Candlesticks & Ichimoku Chart – LONG

Gold continues to break higher as the race to negative yields continues. Support is now at 1440-1450.

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd

USD/CNH Daily Candlesticks & Ichimoku Chart – SHORT

Daily reversal candle on 6 Aug is an opportunity to sell with a stop above the high of the candle. A return to 6.90-6.95 is highly possible as momentum of the upmove continues to wane.

NOTE: The market has moved aggressively downwards (due to US watering down the 10% tariffs on Chinese exports) since we sent this out yesterday afternoon. The view is still valid and for those not involved yet – the plan is sell on rallies for much lower levels.

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd

USD/TRY Weekly Candlesticks & Ichimoku Chart – SHORT

USDTRY continues to grind lower and looks like it will soon test below the weekly Ichimoku cloud. Keep short and sell rallies!

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd

EUR/CHF Weekly Candlesticks & Ichimoku Chart – SHORT

EUR/CHF continues to bleed lower as ECB becomes increasingly more dovish. Now trading at lows not seen since the break higher in mid 2017, a test below 1.07 seems inevitable.

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd