Risk-Reward Market

Capitaland: Explosive Movement

2014-08-02T20:40:00.001+08:00

Wanna talk about Capitaland, as I have been waiting to see if something is happening. I chanced upon looking at the chart and seeing some accumulation going on as somehow I had a gut feeling that something is amiss with the property sector. Indeed the BBs had pressed the button later and pushed the property sector price within one day (other property stocks like UOL and Kepland was rocketing too). Will this stock continue to move up further? I think it will but given the deep correction by the US market has dampened the momentum of Singapore stocks, it might just hover around until release of earnings by Capitaland but beware of tricks by the BB!

STATS ChipPAC: Taking Profit After a Long Wait

2014-06-14T15:26:00.000+08:00

Profited from this stock STATS ChipPAC with a small profit. It was actually a stock meant for punting. I bought this stock at $0.465 in January 2014 seeing a breakout after it bounces twice from the low. It did move up but not much and came down again making a paper loss. As it was just a small punt, I left it there to run as there might be a second run. Indeed, after 6 months, something was brewing for this stock and later it shot up high. I unloaded at 0.635 after sensing the Big Boys have finished unloading their stocks. Shy of the high but it was a reasonable TP price for me to sell. Sold immediately and the next day came the trading halt and fall of price! A small profit of 36.6% for kopi.

United Engineers (UE): Whooping 26% profit!

2014-04-25T21:01:00.001+08:00

Closed UE for a small 26% profit! However I admit I was late in the entry as I was distracted from work during the period of breakout. Though it might go higher later, closed for profit first as it has gone too far up and BBs are waiting to dump shares at 2.40 to buyers resulting in a reaction.

Noble Group: A Simple Fibonacci trade

2014-04-04T21:04:00.000+08:00

A simple trade on Noble Group. Traded based on fibonacci which it rebounded on 38.2%. Entered the trade abit later cause of busy work schedule that I keep forgetting to place the trade. Let go at 1.30 as that seem to be the dumping point for BB. It went to a high of 1.31 closing on thursday before dropping to 1.28 today.

The Weekly Review

2014-02-22T15:36:00.002+08:00

Seems like Dow Jones Index has reached a resistance. Prelude to a downward movement?

STI showing similar pattern.

Outlook on STI

2014-02-16T13:41:00.000+08:00

What's the outlook of STI? Seems like a dead cat bounce. More bearish movement will be expected soon once it reaches its lower high.

Friday's Trades on News

2014-02-08T11:27:00.000+08:00

Friday's Trading for forex was pretty profitable. My Italy40 trade failed to reach my target price and stopped out. It's been difficult to trade due to news as things are unpredictable and you have to be fast to look out for signs of reversal within minutes. Short sell yahoo! but it seems like its too bull, might be a mistake for me. But we will see how next week. Look forward to better trading next week!

Stocks Crash?

2014-01-26T11:27:00.001+08:00

Dow Jones Index posted a 300 pts down on Friday night, is this the beginning of a crash?

Hang Seng looks to the south.

STI is very weak since last winter and continues to be bearish.

Two days of good profits

2014-01-24T23:47:00.000+08:00

Had a string of losses before my profitable trades. At least to end the week with a positive as the profits covered most of my losses. Though alot of these trades I feel like kicking myself for taking profits too quick as most of them hit my big targets in the end. Trying to improve my win ratio.

Trading losses on Thursday due to consolidation.

Shorting the EUR

2014-01-20T11:26:00.000+08:00

Happy to close another round of profits from EUR shorts in the morning. Stopped out from AUD/USD due to sudden reactions.

Good Profits

2014-01-18T03:27:00.000+08:00

Closing some good profits on Friday night!

The Weekly Review

2014-01-12T12:00:00.001+08:00

Dow Jones Index seems to be losing steam for its rally and has been very volatile.

Hang Seng also at a tipping point between a rebound for CNY or crash.

STI is weird, a slow crawl upwards?

The Weekly Review

2014-01-05T11:49:00.000+08:00

First day of 2014, Dow Jones Index fell. Doesn't seem like an easy year to be bullish.

Hang Seng is quite stuck at the moment with no clear indication of a trend

STI blew a big bear candle on the 2nd day of trading. Singapore stocks are all very depressed compared with the bullish DOW during Christmas week.

Patience will reward

2014-01-03T20:22:00.000+08:00

Stopped out for my trades. One of my best small trades stopped with profit. For forex of such small position size, it takes a great patience to ride the trend!

First day of Profits!

2014-01-02T21:14:00.002+08:00

First small profits on the first day of trading day. I would say a very good day! Too bad could have had much more profits from EUR/AUD if I had closed it on New Year Eve. There is always gap risk when holding currencies over the holidays or weekends.

Profit on EUR/USD

2013-12-27T20:19:00.002+08:00

Entered on breakout when my short was taken out. Super rally and exited on one of the resistance point. Good profit!

Profit from Gold

2013-12-22T13:49:00.001+08:00

Shorted gold from a resistance and took profit before news. Very profitable trade!

The Weekly Review

2013-12-22T13:33:00.001+08:00

Dow Jones have a big comeback after a few drops. Can it continue to rally?

Yet Hang Seng has not seen a rally.

STI is bouncing off a low.

The Weekly Review

2013-12-15T13:53:00.001+08:00

The Dow Jones Index fell from its high for the past few days. Now waiting to see if it breaks!

Hang Seng as volatile with no clear direction.

Is the STI trying to find a bottom?

Yangzijiang trying to find a support. But maybe more downside to come.

Capitaland has been very weird and interesting for the past few months. Shall accumulate every low.

The Weekly Review

2013-12-01T14:18:00.000+08:00

US Stocks

Has it reached the top? Or more rally to go?

Hong Kong Stocks

Hang Seng has broken out. But it's move is still not clear.

Singapore Stocks

STI still in a limbo.

Profit on AUDUSD

2013-11-25T19:43:00.003+08:00

Took profit in AUDUSD in one of my best prolonged trade! Still maintaining some shorts.

The Weekly Review

2013-11-23T16:09:00.000+08:00

US Stocks

Dow Jones is still stubbornly pushing up prices.

Hong Kong Stocks

Hang Seng broke out and in a consolidation

Singapore Stocks

Singapore stocks are hanging for dear life.

The Weekly Review

2013-11-17T12:01:00.000+08:00

EURUSD seems to be stubborn and bounce while AUDUSD might look to go up for awhile.

US Stocks

Dow Jones has broken up from its consolidation and seems to be pushing higher.

Hongkong Stocks

Hang Seng Index is in another consolidation. Might go into bull if it breaks up.

Singapore Stocks

STI seems to be recovering and getting ready to rally.

Profits from GBPUSD

2013-11-16T19:06:00.000+08:00

Some good profits that I had for the week. When one have grasped the price action, with good entry and some luck in trades going in your direction, one can reap profits. What I learnt in my experience now is that timing is important in trading, once you missed the good entry, it will affect much of your profits when it moves against you.

Profit on AUDUSD

2013-11-13T19:32:00.000+08:00

Took profit on AUDUSD after a good short!