In-depth trading ideas

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6 years ago... Thailand market was HOT....then it cool down.....From the weekly chart, we see a nice breakout from the bearish trend line in early Jan this year... It seems to have hit a resistance level around the 72 price level. I hope it would retrace to the buy zone around 60.93 and I would be keen to take a position. For some overseas market, it is cheaper and better in risk diversification to buy into the ETF than to select individual stocks. To each his own......please DYODD

[Long] Thailand 1. Descending wedge 2. MACD resetting at 0 3. Rate of change of MACD is improving 4. Hedgeye likes the country's macro fundamentals and has been mentioning it Risk: The Dollar bounces from its crash-mode and sends everything down. I have a position I am going to add to it.

Not the time to visit Thailand for holidays Sawadee Khrup! Looking at the chart, we can see a fake breakout with the price returning back inside the bearish trend line. Barring any surprises, it should heads further south towards 84.65 or worse, 80.99. I am more keen to buy this ETF than short it and at current price level, the risk reward does not seems justifiable to short it. But for those intraday traders, this might still appeal to them. Trade cautiously.

Thailand - another bullish chart The question for me here is has the 4th wave correction finished at the 61.8 fib retracement (same question for most global equities) or if this correction has further to go. Whatever the outcome of that question I still think that this index might have another leg higher.

Thailand approaching 2014 high after 1.618 rejection Breaking the up trending channel $THB

THD Relative 010517 THD Relative 010517

THD Relative 010517 THD Relative 010517

THD Absolute 010517 THD Absolute 010517

MSCI thailand (represent)End of impulse up wave RSI Divergence 3 ( weaker up trend ) Fibo 423.6 from bottom wave 1 2 Entry SHORT POSITION " TFEX " S50U16 @ 925.00 ( 12 / july / 2016)

by JirawitLaowsirithawron

THD - reversal bet Just my personal view.

by JederkannGlueck