jasonlau924

jasonlau924 Updated 

Got out of my 3888 swing trade up 50- 70% a few weeks ago. Being patient with the volatility from the global markets. Here is my next HKEX equities trade. 3800's chart and price action looks sooo beautiful. My small parcel at 0.58 filled last Thursday, will look to add more this coming week. Target ~$0.9. No stops for this one, if it drops below $0.5 I...

jasonlau924 Updated 

Since the start of this year - LTC has been leading the wolf pack. I closed out my ETH swing trade to lock in profits earlier today for a good 35% gain, and has been expecting a pullback which has came. However, I missed the 7% bounce when it re-tested the support at 132 for a quick intra-day trade. Now..where do we go from there? Been scanning through charts...

jasonlau924 Updated 

Don't think a lot of people here analyse the HKEX much, but like to share what I'm currently trading and here is to my first sell of FY19! HKEX:3888 . My first entry is at 10.18 - riding this wave. Just sold half at $12.96, and will buy back at $12. (Happy my first sell was not a loss!)

jasonlau924

Hey guys, been awhile. I have been hodling since August last year, so have incurred massive profit erosion. But, now I'm back! Check out this interesting factual. I hope XRP will lead its own bull season. Catalyst here being Swell conference in a week which seems to coincide. Thoughts?

jasonlau924 Updated 

I have been hodling BCH for awhile now, and I missed out selling the last pump in order to buy at the dip so i can double dip. But no point focusing on the past since there is nothing I can do. There has been lots of arguments against BCH (is BCH the real bitcoin). TBH, I dont care whether it is or not. But simply based on TA, found this potential fractal...

jasonlau924

A lot of retail traders I know think this will crash below last January's low. Experience tells me that you should not follow the sheeps. I personally dont think this correction will happen - on a broader picture, we are still bullish for swing trades/investment. I might even view this as a potential last chance to get in before the next major leg up. ...

jasonlau924 Updated 

Keep it simple. I have just sold my BTC swing trade positions (not selling my core). With CME markets in the corner, majority think that the price will get pumped. However, I think otherwise. Indicators have been at overbought for over a few weeks. Now RSI has even reached 91. Don't be a fomo trader. Be cautious and patient. Let's see how the futures...

jasonlau924

BTC breakout?! Following goldbug's strategy, I am buying into this high risk market, and plan to sell half (in mini lots) along the way to reduce my cost. For the general retail investor, this is hard to buy in. People think its expensive and is bound for a broad correction. Looking at the price action, it is showing strength rather than weakness. The boat...

jasonlau924 Updated 

This chart may look a little bit messy compare to my other ones. But if you have been following the BCH action, NEO's price action may resemble that of BCH's 2-3 weeks ago. I currently do not hold any NEO, and am looking to add to some core position between 32 - 33 (which I think is right around the corner) before the next leg up. This may happen very quick...

jasonlau924 Updated 

As mentioned in my previous post, a pump is coming. Now this is validated by a breakout to the upside, and BCH is on its way to test its ATH. Currently indicators on the 4H timeframe is showing overbought. If you haven't bought BCH, wait for the retrace for entry. Any correction on the BTC may also be the catalyst of a BCH pump. This is a controversial coin,...

jasonlau924 Updated 

Overbought signals. But will it reverse? Is there enough fuel to the rocket? Plus correction will be health for Wave C. Do not enter BTCs if you're looking to enter. Inversely, second BCH pump this weekend?

jasonlau924

Indicators showing overbought..and potential doji forming at the top. Will this be signs of reversal? Going to be very interesting 24 hours ahead! Watch tight. Great for day traders on BCH, which seems to be inverse of BTC.

jasonlau924 Updated 

Falling wedge. Potential reversal to start EW 2? Will this be the most hyped / controversial coin for this month? Bitcoin to crash to sub 5k and Bcash to rise to 3k. (PS. This is not a replacement for bitcoin, but rather, the risk and reward ratio is pretty attractive at these levels for a swing long). Let's see.

jasonlau924 Updated 

There has not been much movement on the ALT coins - even for Ethereum. It has been consolidating. Looking at ETHBTC, multiple indicators points to oversold. Price could breakdown, but I have added more ETH to my core position as I am holding for Medium to Long term. If it breaksdown, I'll add more to my core position. However, I am leaning towers a strong...

jasonlau924

Potential cup and handle formation. Upside break out of handle's channel. Validation of entry if closed above resistance between 300-310. Entry point can be the next higher low retracement or at break out. Timing also seem to align to Metropolis. Patience is key - I would wait for validation and trade with momentum. Thoughts?

jasonlau924

First post on trading view! Potential cup and handle formation. Upward break out of handle's channel. Validation if close above resistance between 300-310 Timing seems to align with Metropolis. Let me know what you think!