maggedon

maggedon

Background: I used to work in a hedge fund, appropriating strategies and portfolios driving returns whether Ab or Ba for the firm. Now I work alone, on my own and this is not a buy or sell recommendation, just a technical opinion from an experienced trader. Viewer discretion is advice.

maggedon Updated 

I once posted a private chart but I can't entertain many of the responses via Direct Message and I apologize for not attending to some of the conversations. :D I am not rude, and here I come with the published idea. It's a bull so grab a few cup of coffee, and watch the bears getting poked? :D

maggedon

As meaningful as it may be, I am certainly wary and adamant of going against the dollar in the long-term. With that being said, the horizontal support and resistance were filled with emphasis on the candlestick's closing at the > highest tick volume. Hence, the research inferred me to scale the portfolio into a short-term "Short: AUD/USD" as the range breakout...

maggedon

In this week ahead, the glove stocks are poised to receive shocks from the Malaysia's Parliamentary tabled response on the take of Malaysia 2021's Budget Reform. This reform entails high fundamental risks to not only glove stocks but also other relevant stocks such as "The Renewable Energy Sector" as the budget pursues a wide variety of efforts to spearhead a...

maggedon Updated 

This pair had been trying to rally past the daily resistance over the past few weeks but failed to do so. With confirmation from the tested resistance levels on Daily (Tested thrice), it is safe to assume that buyers are no longer in-charge to push this pair higher to to resume its bullish movement. Nonetheless, the pair had been going down ever since the...

maggedon Updated 

Based on the conventional way of trading, support and resistance level will always work regardless of the market trending/ranging/consolidating. As per the drawings shown on the chart, there is two heavy resistance bound to be tested this week. Support was clearly "Supported and "Hold" as the price didn't manage to "flush" it down during the market opening (No...