Another reason to go shopping in Amazon , haha

2020年10月9日

First, Christmas is round the corner.

Secondly, maybe not the most to most shoppers are exchange rate, especially if it is a one-off purchase.

Being a trader and investor, I guess this is some kind of occupational hazard.

Chart tells me it is likely to fall further to 1.344 but at current rate, it is much better compared to March this year when it was at a high of 1.465.

Buying a product at US$100 would require me to part SGD 134 compared to SGD146 , a savings of SGD12. So, if you can wait, consolidate your shopping list and as time passes, nearer to the festive season, the merchants might dangle more carrots for you.

So that is best of both world, haha.

Will I short now ? No, the RRR is not worth it and the chance of rebounding is higher now....

2020年10月21日

ノート

it has broken down the level of support at 1.3565 and looks set to revisit 1.34462.

2020年11月3日

ノート

it breaks out but the past 3 days of sell down could mean a possible fake breakout. Let's see closing candles before deciding the next course of action

2020年11月6日

ノート

Praise Lord, it was proven right! Now the price is sitting on the 1.34462 support level. Let's wait for a bullish move or for the price to break out of the triangle first

2020年11月13日

ノート

watch the current price level closely . If it does not hold, it will break down and falls to 1.33089

2020年12月22日

ノート

wow, the lowest it goes to was 1.32450 and it rebounded