Market Update: 01 Oct 2014

Hi Guys. Sorry for the long waiting. I'm back to update my blog again. Going through those counters i recommended on my previous market update and plus introduce one addition counter.
But anyway, previously i did mention about revamping my blog and provide some basic TA sharing session.
I guess I will revamp my blog first over this weekend, and in the mean time, I’m currently working with my friends to plan how to conduct the basic TA sharing sessions. Perhaps this session ideally target those people who start and keen to learn how to trade using TA. Of course, it does include and cater for different category of levels. We do not wish to waste your time going through those basic again & again. We are still planning and hope it will be on live ASAP. Those beginner or those who wish to learn my trading style, just drop me a email to find out more :)

Let's move on to the charting :)

STI: As mentioned before base on that two candlestick. Does it prove the theory of TA? Target hitting soon!

Ezra: Hit my second Profit! Happy like Mad :) ~~~ Did you follow my call?

Keppel Land: Wa sibei heng! I did mentioned if only it closed below $3.4 then short it. So trade invalid!

Noble: Sad Baby! When it first break below $1.35, it dropped all the way to $1.305!!!! only $0.005 away from my first profit. End up I have to cut lost in my counter. But that is part and parcel in trading life. You gotta be strict in your plan to survive :)

SMRT: Be ware and watch out! the golden cross didn't work out. It back to ranging mode! Monitor closely if you are still inside :)

YZJ: This is the counter im currently eying on! H&S forming at the top channel! Monitor closely if you wish to catch this big fish! Overall market seem bearish plus the riot in HK! This should be the next counter zooming south!! :)

Overall: There are lots of index currently oversold and at all time high. No one dare to Long and waiting for a major news or hero to short the index. Those who are not well equip, kindly remain sideline from the market before you get burn. My friend and I will be eying to start our small noobie courses to prepare others for the coming year 2015. Those who are interested to join our polite session, Just drop me an email. I will provide more detail to you personally. :)

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

Market Update: 31 Aug 2014

Hello everyone.
OMG. TIME FLIES~~ Its been almost one month since my last post. Really busying. However not to forget to work life balance. Flying off to boracay this week. Can't wait to enjoy myself on the beach listening to the sea breeze ^^

Anyway market have been bullish even after a slight correction when DJI falling to 16200. While everyone is shouting market going bearish, market keep creating a new market high record! So beware when trading. Trade we tight stoplost. You might not know the moment when you enter long, is the moment when the turning point take place :)

Let us review some charts and how STI will perform for the coming week :)

STI: WOW! Those who practice TA should know a clear answer by looking at the candlestick itself! STI weekly chart showing 2 shooting stars! How to long? Beware!!!

 Ezra: Will be closely monitoring this counter! Patiently waiting for a clear signal to short it. However if overall market still feeling bullish, just wait till the right time to come :)

 Noble: Triple top? $1.35 is really a tough nut to crack it! But once it let go, we shall target $1.3 follow by $1.25 as final target! However watch out for certain confirmation signals such as break below $1.35 support, break below 100D MA & below the reversal candlestick :)

Keppel Land: Double Top? Wait for $3.4 to break and close below it! Follow the target as i plotted inside the chart.

SMRT: WOW WOW WOW! shoot up 63% in 3month! Can you believe how much strength it left?
SL: $1.59/$1.62
TP: $1.47/$1.43

Overall: Someone asked me "hey sean, Why all your chart so bearish de. all short?" Not because I choose to stand with the bear, but just bull (in STI) have been hugging with the market since Jan 2014. I feel that bull meat getting thinner compare to the bear meat. Market don't follow one way and i know is dangerous to anti-trend or catch the reversal trend. But as long as your reward-to-risk is well manage, you will be safe!.

If you guys got any questions. just simply drop me a email using "contact me", I will reply you ASAP :)

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