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.

+56% in 2 months !! 在家赚钱不是梦!!

  +56% in 2 months.  在家赚钱不是梦!!