Market Update: 25 May 2014

Hi Guys,

I'm so sorry that missed my last week market update due to my Uni started. However I will try my best to update per week if time permit.
By June, I will do a round up from the start of my first post to now, how many entry did i manage to enter correctly. Have received some email asking about some basic TA sharing session and trading calls. I will find one super free day to revamp my blog to their request.
Anyway lets us look at some chart for the following week. I have include 2 forex chart this time round and some Pennies counters. Stay tune :)

STI: Since my last STI post to now, it has been floating side way. However bull seem like going to overtake anytime this week. Please do watchout for the breakout.

HSI: I still strictly stick to my 3 figure for HSI. Currently base on weekly chart, High chance that HSI will hit 23510 in the following week to form higher high. But question is "will it able to close or touch and reverse?" Do monitor closely. Once if it close above, it will be quite bullish.

AusGroup: GAP covered! Showing sign of rebound soon! Watch out for the volume to determine the trade.

SinoGrandness: Since 2013 it have been floating sideway. Will you dare to eat up this good RR counter? Manage your risk wisely if you are keen!

Supergroup: Since after XD, Supergroup have been falling freely. Currently forming "erm" so call bear flag. However it is still waiting for the 1-for-1 news to release before another free fall. Let see how powerful the news will be :)

Tat Hong: Most of my counters always wash me out before it ran the direction i pointed out -.-"
Still rmb i mentioned entry @ $0.82 and cut @ $0.795? Lesson Learn! Setting the right Stop lost is a skill!!

AUDSGD: I'm showing weekly forex chart to show the direction of the currency. If you wish to trade. It will be wise to short than long for this pair. However do not ask me where is the best price to short. I do not hold any crystal ball to foreseen it. Just manage your position and stop lost wisely & you will be safe.

EURUSD: Break below the resistance line. Showing 3black candle on weekly chart. This is a very bearish sign to short this pair! However trading with forex on weekly chart mean you have to hold onto the position. Please becareful any news release for the following week which may cause some spike movement. Just look into my forex calendar to keep yourself updated.


You are remind to trade base on your own risk. Plan and Trade well :)