Thursday 29 December 2011

Santa have left the market!




















Stana give me a call last night to tell me that he have left the market. I have close all my LONG position.
Watch out if S&P closed below 1248.59.
More selling will come if s&p closed below 1248.59.

Saturday 24 December 2011

Market Overview - 24/12/2011




















S&P +0.9%.
Have you got your xmas present from Santa? I received it.
S&P have broke thru the symmetrical triangle.
Resistance : 1285 & 1300




















Above is the projection upside of S&P. Possible?
I don't know. Just trade according to the chart.
Mr Market will tell us the answer.

*************************************************
FOLLOW THE TREND - GREEN OR RED
*************************************************

Friday 23 December 2011

Xmas Wish: I hope Mr Market can rally high high then I can short big big.




















S&P hit resitance.
Sunday is Christmas.
Let's watch whether it can break the 2 resistance with the help of Santa Claus.
Long Small position click here and Short Big after the xmas rally (if any) or it fail to break the resistance. Remember to book your profits along the way.
Xmas Wish: I hope Mr Market can rally high high then I can short big big.
Watch out if S&P closed below 1238.31 tonight.
Disclaimer Applied.

Thursday 22 December 2011

Watch out if S&P close below 1229.24 tonight.




















S&P closed flat +0.2%, dragged down by NASDAQ. Still maintain the uptrend.
Watch out if S&P close below 1229.24 tonight.
FOLLOW THE TREND - GREEN OR RED

Wednesday 21 December 2011

Santa Claus is in Town.




















S&P rallied. Closed at 1241.3, +3%.
If you have follw my blog, you should have go LONG (small Position) by now.  I mention in my previous post "Watch out if S&P closed above 1226.15 tonight." click here
Santa Claus is in Town.
Long SMALL position as there is 2 more Resistance on chart.

Tuesday 20 December 2011

HUAT! Down another 1.2%!!




















HUAT! S&P down another 1.2%, closed at 1205.35.
S&P will be support by 1180 - 1200.
There will be a rebound soon.
Watch out if S&P closed above 1226.15 tonight.

Sunday 18 December 2011

Market Overview - 18/12/2011





















S&P still downtrend.
On Thursday and Friday, market tried to rebound ( upper tail seen) but failed.
Shortist be careful.
1) Technical rebound seen on thurs and fri.
2) Christmas coming. Santa Claus is coming to town.
I believe the market will pull back to the support trendline then rebound for christmas rally.
FOLLOW THE TREND - GREEN OR RED
Disclaimer Applied.

Friday 16 December 2011

Watch out if S&P closes above 1227 tonight.




















S&P closed 1215.75, +0.3%, loses steam when it open positive last night.
S&P still downtrend.
Watch out if S&P closes above 1227 tonight.

Thursday 15 December 2011

Wednesday 14 December 2011

HUAT again!




















Last night, there was a technical rebound up to 1249.86 but failed in the end. Closed at 1225.73.
Huat to those who have hold their shorts last night and since last week.
I'm still holding to my SHORTS as long as it does not break the trendline.
But the downside is limited. Support is around 1180-1200.
Remember to book your profits along the way. That is my way of trading. Feel happier and less stress about the "noise" in the market like last night.

Please share with your friends if you have benefit from my blog.
Thanks!!

Tuesday 13 December 2011

Remember to book your profits along the way.




















S&P pull-back as expected. Remember to book your profits along the way.
Please share with your friends if you have benefit from my blog.
Thanks!!

Saturday 10 December 2011

Market Overview.




















Market is bullish in short term. Refused to come down. "Ding-Dong" for one week.
S&P had hit its resistance again. Pull-back is possible.
I would prefer it to pull-back, to form a Higher Low then rally up for 2011.
If want to Long, wait for pull-back or resistance is break.

Friday 9 December 2011

Thursday 8 December 2011

Santa Claus is coming to town!



Mr Market still refused to come down. Insisted to wait for Santa Claus to come to town.

Wednesday 7 December 2011

The knives are not sharpen enough.




















The knives are not sharpen enough. Mr Market refused to come down.
We may have a early Xmas present from Mr Market.

Tuesday 6 December 2011

Watch Out!!




















Upper tail seen. There is selling pressure when it approaches the resistance. Watch Out!!

Saturday 3 December 2011

Time To Take Your Profits!!




















Time to take your profits. Put them in your pockets first and enjoy your weekends.
S&P have hit its resistence. S&P will be going down next week. Disclaimer Apply.

Thursday 1 December 2011

HUAT BIG TIME!!

S&P rallied 4.3%, +51.77 points. HUAT BIG TIME!! Be careful.
1) S&P coming to the next resistance.
2) Watch out for profit taking as S&P have go up 7.4% in 3 days.
I believe the market will pull back slightly first then CHRISTMAS RALLY.
Let Mr Market tell us the answer.

Wednesday 30 November 2011

Profit taking.




















S&P fail to break resistance 1200. Upper tail showing that there are selling pressure when it cross 1200. Might be profit taking since Monday had went up for ~3%.
I believe there is still somemore upside to go.

Tuesday 29 November 2011

Let's hope for a Christmas rally!

 


















S&P rallied +2.9%. Sign of reversal seen. I hope you all have benefit from this countertrend.
I have. Have you?
Trade Safe. Big trend still downtrend. Let's hope for a Christmas rally!

Sunday 27 November 2011

Thursday 24 November 2011

S&P. Next support will be 1120, strong support.




















The next support will be 1120, strong support. Rebound can be seen at this level 1100 - 1120. I will close my SHORT position and switch to LONG position when it rebound.
Disclaimer appiled.

Wednesday 23 November 2011

Hope everyone profit from this shorting.




















S&P continue its fall last night after it broke 1200 support.
Hope everyone profit from this shorting.

Tuesday 22 November 2011

S&P broke the 1200 support level.



S&P broke the 1200 support level. Expect more selling to come.
I'm still holding my view. Market has turn bullish in a bigger picture.
Whatever it is, we just trade according to what we see in our chart.
Unless you are an investor, buying to keep for long term. Now is the time you start buying/accumulating.
Disclaimer applied.

Sunday 20 November 2011

Are you going to BUY on dip or SHORT?




















S&P had broke the trendline, is at downtrend. More selling is expected if S&P broke the support at 1200.
Buy on dip? Or short?
Are you expecting a Good Christmas to come?

Friday 18 November 2011

Watch Out!! More selling if S&P break 1200.




















S&P closed at 1216.13, -1.7%. Tonight S&P will be testing the support at 1200. Hope it won't break the support if not there will be more selling. I'm still holding my view. Bullish.

Tuesday 15 November 2011

Mr Market will tell us the answer soon.




















What is happening now? Most people are bearish. Think I am one of the fews who are bullish for the market in the long run.
Mr Market will tell us the answer soon.

Friday 11 November 2011

Bull Market!




















I believe the Bull have come back. I feel more bullish than bearish. This is just my opinion.
Have a great weekend.

Wednesday 9 November 2011

S&P end up on Berlusconi plans to quit.




















S&P end up on Berlusconi plans to quit. http://www.marketwatch.com/story/us-stocks-start-with-gains-italy-to-vote-2011-11-08
I not trading S&P at the moment.  From the chart, the risks/rewards is not there and it approaching a resistance. Don't feel comfortable to trade S&P unless it pull back.
Currently, I shorting USD/JPY.

Saturday 5 November 2011

Bear to Bull Market?




















If S&P can form another Higher High Higher Low, the market will turn from bear to bull market.
A new and clear trend will be form. But who can predict the future, Euro still have alot of issues to solve.
Your Chart is Your Best Friend.

Friday 4 November 2011

S&P rally and closed @ 1261.15, +1.9%.




















S&P rally and closed @ 1261.15, +1.9%.












I got stopped out @ 1243.14.
Total points made: 4.66.

Remember today is a Friday and anything can happen during the weekend.
If want to trade, enter small position.

Wednesday 2 November 2011

Tuesday 1 November 2011

Short S&P @ 1247.80

S&P closed 1253.3, -2.5%.





















MF Global Files for Bankruptcy on Bad Euro Zone Bets. http://www.cnbc.com/id/45103504

Short S&P @ 1247.80 this morning.

Sunday 30 October 2011

Is good to take some of your profits and keep it in your pockets first.





















S&P closed flat. Profit taking can be seen on friday.

Market is overbought. Is good to take some of your profits and keep it in your pockets first.

Let's watch how the market perform next week.

Booked partial profits @ 1278.89.

Booked partial profits @ 1278.89 on Friday.
Total point made: 32.25

Friday 28 October 2011

S&P closed at 1284.59, +3.4%. WOW!! Amazing rally!!

Huat Huat to Everyone, double huat!!

Look like today will be another strong rally.
Be careful of
1) profit taking as market have went up SO MUCH
2) today is a Friday
3) Is coming to a resistance at 1300

Wednesday 26 October 2011

Scheduled meeting for European Union finance ministers is cancelled.

Morning Everyone,

Scheduled meeting for European Union finance ministers is cancelled.

S&P -2%.

Do you smell blood?


Tuesday 25 October 2011

Market is OverBought!!

Morning Everyone ,

S&P have "kicked" me out of the market. Cut Loss @ 1245.17.
Total points loss: 41.3












Will you go Long at this time? Since it have broke the resistance.

I will not.

I believe market will pull back 1st then rally up till end of this year, provided it form a Higher High Higher Low (disclaimer applied).

Market is OverBought.


+56% in 2 months !! 在家赚钱不是梦!!

  +56% in 2 months.  在家赚钱不是梦!!