Nee_sh

Nee_sh Updated 

After almost two and a half years, i decided to come back to tradingview again. Right now i am working for one of the largest commodity trading houses and covering our metals trading business in Asia. In the future, i will try to share as much as my personal views at here, also you all welcome to challenge and discuss. In the last few months, we see an incredible...

Nee_sh

The incoming correction will teach bulls a lesson.

Nee_sh Updated 

Here are reasons to short natural gas at this level: 1. Both MACD and RSI have reached overbrought level. 1 Year MACD reached historical high since Oct 2004. 2. Reached 2.7-2.73 resistance level 3. Mild temperature will not boost the short term demand.

Nee_sh Updated 

Silver was definitely undervalued due to strong demand, supply deficits and the gold-silver ratio. In this chart, the blue moving line is the price of gold. We could obviously find that the gold-silver ratio has reached the highest level. So for long term view, buying silver is a really good choice. However, shall we buy the silver now or later? Here are couple...

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Fed's policy bullished both S&P and Gold. But for now, gold might need to take a breathe before going higher. RSI is in the overbought area. Two exhausted candlesticks are also appeared. We can short the gold by watching those resistances and supports. 1430 would be a strong resistance, and the green bars are strong supports.

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Crude Oil bounced more than 7% today, but we find couple strong resistances ahead. I would like to short this market once it failed to break the resistances. Set the stop loss and let's see what will happen in the next few weeks.

Nee_sh Updated 

Gold broke its previous resistance and move higher. And we could find that there are tons of resistances ahead of current level. RSI and MACD are overbrought. So i think we need a healthy correction very soon.

Nee_sh Updated 

Gold is finally break the previous resistance due to the tumble of US Dollar (DXY). But it still looks very bearish. We could found numerous resistances above the current level, and i think it will be very hard for gold to keep moving up.

Nee_sh Updated 

Obviously, the market is trying to bounce back after a deep sell. We don't know how long it will last, and we don't know how high it will reach. But we are pretty sure that there are numerous resistances are waiting for the market. I would like to short this market when there are exhausted candle sticks at the top of the bounce. Remember to set the stop loss to...

Nee_sh Updated 

During the mid of November, we experienced a terrible bull attack. I shorted Natural Gas at 4 and got a huge loss. Thanks to the setting of stop loss, i survived from that bounce. I also heard many traders lost their position when they waked up in the morning. Hedge Fund "OptionSellers" managed by the legendary trader James Cordier, broke in one night, because...

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Natural gas reached 3.295 today, upped 19% in a month. It just the beginning of October, the weather is going mild in the next two or three weeks. So we will probably have another two or three weeks injections before the real winter coming. So i think it's still too early to chase that high, and the bulls are facing extremely high risk. Technically, we have...

Nee_sh Updated 

From the chart, we could easily figure out the importance of trendline. Each time bitcoin failed to break the downtrend line, it went lower and lower. Once it broke the downtrend line, there would be a strong bounce. Now, we have reached the downtrend line once again. Long if it break, otherwise short.

Nee_sh Updated 

On Monday S&P broke the history high once again and today's candle stick broke the previous trendline with a more aggressive hike. RSI is in uptrend, but its already in the overbrought zone. MACD is bullish. I don't want to buy this market, because i think everything are too expensive to buy right now. I am waiting for a clear signal to short this market.

Nee_sh Updated 

Since my last post on Gold, Gold keeps its downtrend after it broke its uptrend line. Now it looks like that gold reached its support area, and i think it's probably a good opportunity to long gold.

Nee_sh Updated 

A beautiful waterfall is coming soon.

Nee_sh Updated 

Bitcoin looks like heading to the strong support soon. And i think there would be a potential buy opportunity if the bitcoin break the trendline. because the historical RSI told us everything.

Nee_sh

US Dollar is still staying inside the multi years uptrend line. I am very curious that if the FED could bullish the US Dollar in the next couple years.

Nee_sh Updated 

Today, USDOLLAR reached it's 13 years solid top again. And it seems like that it will break the resistance and go higher very soon. Also, Fed will add the rate on December. For short term, I look DXY to 107-110.