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Monday 31 October 2011
Closed my remaining position @ 1276.33
Total points made: 29.69
Get ready for Shorting opportunity.
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.
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
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
Thursday 27 October 2011
SAVED. EU deal done!
European stock markets soar on news of debt deal.
http://www.marketwatch.com/story/european-stock-markets-soar-on-news-of-debt-deal-2011-10-27-31180
http://www.marketwatch.com/story/european-stock-markets-soar-on-news-of-debt-deal-2011-10-27-31180
S&P closed at 1242, +1.1%.
Morning Everone,
Last night the market is waiting for the euro meeeting. +ve and -ve in the beginning.
S&P closed at 1242, +1.1%.
S&P still going strong. wow!!
Last night the market is waiting for the euro meeeting. +ve and -ve in the beginning.
S&P closed at 1242, +1.1%.
S&P still going strong. wow!!
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?
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.
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.
Monday 24 October 2011
U.S. Stock-Index Futures Retreat Amid European Negotiations on Crisis Plan.
Morning Everyone.
Everyone is waiting for a solution on this coming wednesday, 26/10/11, EU Economic Summit.
Then, We will have a clearer picture of what to do next.
Currently, U.S. Stock-Index Futures Retreat Amid European Negotiations on Crisis Plan.
http://www.bloomberg.com/news/2011-10-23/u-s-stock-futures-drop-as-european-leaders-rule-out-using-ecb-for-rescue.html
Huat to everyone who LONG and SHORT.
Everyone is waiting for a solution on this coming wednesday, 26/10/11, EU Economic Summit.
Then, We will have a clearer picture of what to do next.
Currently, U.S. Stock-Index Futures Retreat Amid European Negotiations on Crisis Plan.
http://www.bloomberg.com/news/2011-10-23/u-s-stock-futures-drop-as-european-leaders-rule-out-using-ecb-for-rescue.html
Huat to everyone who LONG and SHORT.
Sunday 23 October 2011
European Union looks to recapitalize banks
We're nowhere near a deal,” Charles Dallara, managing director of the Institute of International Finance, said in an interview with the AP in Brussels, where 27 European Union finance ministers were meeting, ahead of another gathering by European Union leaders Sunday. http://www.marketwatch.com/story/european-union-looks-to-recapitalize-banks-2011-10-22
Still no solutions yet.
Trade carefully as now is NEWS based trading.
Let's see whether we have any surprises from this Sunday's summit.
Still no solutions yet.
Trade carefully as now is NEWS based trading.
Let's see whether we have any surprises from this Sunday's summit.
Saturday 22 October 2011
Eurozone ministers approve 8bn euro Greek bailout aid
Eurozone finance ministers have approved the next tranche of Greek bailout loans, potentially saving the country from a disastrous default.
http://www.bbc.co.uk/news/business-15401280
A new trend will be form if the resistance is broken. Caught me a surprise that the market rallied on Friday. If that happen, I will covered my shorts position next week and go for a small position to Long since market have rallied more than 10%.
Anything can happen over the weekend.
Happy Weekend Ahead.
http://www.bbc.co.uk/news/business-15401280
Anything can happen over the weekend.
Happy Weekend Ahead.
Thursday 20 October 2011
Wednesday 19 October 2011
S&P, Make Your Decision Please.
S&P at resistance. Still deciding where to go. UP or DOWN?
S&P, please decide. Everyone is waiting for your decision.
S&P, please decide. Everyone is waiting for your decision.
Tuesday 18 October 2011
Sunday 16 October 2011
Critical Point
1) Get ready to Long if it break the resistance.
2) Short if it fail to break the resistance.
This resistance is proven to be Very Strong as I have mentioned on 13 oct 2011.
Thursday 13 October 2011
Huat Lah !!
Great Day Everyone!
Have you HUAT from this rally?
I have covered my remaining @ 1197. Total points made from this trade: 68.82. There is selling pressure once it hit resistence around 1220 (Figure 1). 1220 is a very strong resistance (Figure 2).
Get ready for shorting opportunity.
Figure 1
Figure 2
Have you HUAT from this rally?
I have covered my remaining @ 1197. Total points made from this trade: 68.82. There is selling pressure once it hit resistence around 1220 (Figure 1). 1220 is a very strong resistance (Figure 2).
Get ready for shorting opportunity.
Figure 1
Figure 2
Tuesday 11 October 2011
How High can S&P go?
Morning Everyone,
S&P rallied 3.4%. Closed at 1194.89. Hope everybody HUAT from this rally.
S&P have broke the 1st resistance. Watch out for the upcoming resistance and Price have increase with decreasing Volume. Better be careful.
S&P rallied 3.4%. Closed at 1194.89. Hope everybody HUAT from this rally.
S&P have broke the 1st resistance. Watch out for the upcoming resistance and Price have increase with decreasing Volume. Better be careful.
Friday 7 October 2011
The ECB said that it would buy an extra 40 billion euros ($53.7 billion) of covered bonds from banks and would continue to provide unlimited three-month liquidity to the region’s banks at least until July next year.
Morning Everyone,
Markets rallied as The ECB said that it would buy an extra 40 billion euros ($53.7 billion) of covered bonds from banks and would continue to provide unlimited three-month liquidity to the region’s banks at least until July next year.
S&P closed at 1164.97.
Yesterday I have taken partial profit at 1139.61.
Total 11.43 points profit from this trade. Small profits.
Let's watch how much profits can my remaining trade makes.
There is a resistance shown on the chart. Watch out for the resistance.
Markets rallied as The ECB said that it would buy an extra 40 billion euros ($53.7 billion) of covered bonds from banks and would continue to provide unlimited three-month liquidity to the region’s banks at least until July next year.
S&P closed at 1164.97.
Yesterday I have taken partial profit at 1139.61.
Total 11.43 points profit from this trade. Small profits.
Let's watch how much profits can my remaining trade makes.
There is a resistance shown on the chart. Watch out for the resistance.
Steve Jobs' 2005 Stanford Commencement Address
When I was 17, I read a quote that went something like: "If you live each day as if it was your last, someday you'll most certainly be right." It made an impression on me, and since then, for the past 33 years, I have looked in the mirror every morning and asked myself: "If today were the last day of my life, would I want to do what I am about to do today?" And whenever the answer has been "No" for too many days in a row, I know I need to change something.
- steve jobs
http://www.youtube.com/watch?v=UF8uR6Z6KLc&feature=player_detailpage#t=751s
- steve jobs
http://www.youtube.com/watch?v=UF8uR6Z6KLc&feature=player_detailpage#t=751s
Thursday 6 October 2011
Steve Jobs dies at 56. May he rest in peace.
Morning Everyone,
Steve Jobs dies at 56. May he rest in peace.
Im back in the market again. Miss the SHORTING the previous time. Not going to miss this rebound opportunity. Market is still weak and in the down trend. Will be careful.
LONG S&P @ 1128.18.
Steve Jobs dies at 56. May he rest in peace.
Im back in the market again. Miss the SHORTING the previous time. Not going to miss this rebound opportunity. Market is still weak and in the down trend. Will be careful.
LONG S&P @ 1128.18.
Saturday 1 October 2011
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