The market was making its way to its previous high and indeed we saw a pull back. Betting on this pull back, I managed to capture VXX at $11.04. As i was unsure if this was going to be just a knee jerk reaction or a reversal, I decided to close the position as soon […]

The market did what we have expected in baby steps fashion. Moving up the ladder at small baby pace. Will the market be doing the same coming week. Let’s take a look at the chart. As of last week ended 17 Aug 2012, the trend is still UP. It is just inches away from reaching […]

Last week, the market did a mini run to the upside reaching its ceiling. There’s still a tiny little space for the to stretch the ceiling a little further if the market wants to do so. Let’s take a look at the charts. The weekly chart remains on an uptrend. But prices are very close […]

Last week, the pull back did happened. But it happened earlier than expected. However, the strategy would have worked if you had got in on a pull back. Let’s see what’s the outlook for this coming week. Weekly chart of the Dow and S&P remains on an uptrend. There’s still some space for further up […]

Weekly chart of the Dow and S$P remains on an uptrend. Prices is near upper channel zone. Daily Chart of the Dow and S$P is currently at: – top end of channel – MACDH experiencing lower lows with price having higher high – RSI is in overbought zone Fear (VIX) weekly & daily both on […]

this market pull back got me to have sleepless night. Last night, i was tired. but i wanted to hear the news and read for signals and get a general sentiments of what the market is doing now. it is a tough call. It is these kinda situation that makes you wonder if u can […]

Many of my trading friends would have known, i have alway wanted to write some books about trading. Not just any kinds of trading books. But books that i’ll find it easy to read. Cause very often, i find that one of the barriers i have to overcome is to take the time to read […]

i remember attending Dr Elder’s seminar. And i happened to meet my friend who happened to have registered for the same seminar. We chat alot during the breaks. From our conversations, i learned that he is going for the other seminar conducted by Dr Elder two days later. He will be teaching how he trade […]