Category: Trading Diary
Strongerhead ways to becoming a better trader
Strongerhead ways to becoming a better trader
Market inching higher again. Gotta respect the trend because it is your friend. Pull backs should have profited for those who made fried with the trend. It’s always good to look at things at a different perspective. Thus, I’ve shortened the monthly chart period and simplify the analysis to see it tells a different story. […]
We have a new record. The pull back was on Thurs after the market rise further. Many wouldn’t have the courage to ride on the very mature up trend. But those who did, what’s next? And for those who did not, what’ next? The monthly charts of Dow and S&P is still on a clear […]
This is another one off demonstration on how Strongerhead set up can be used to analysis the Singapore market. Let’s take a look at the big picture. STI weekly is UP, but a massive MACD divergence spotted. STI Daily is in its overbought zone, with prices sitting at the top of its channel. If STI […]
VIX attempted to rally, but was contained by the top of the green box (I’ve drew) and came back right down as soon as it touches the top of the green box. The hardest thing to do was to buy. And for those who have bought, congrats. However, if you’ve not profit take, will the […]
This is not my usual practice. As I normally do not share my views on individual stocks. But for educational purpose, I am just demonstrating how one could use Strongerhead setup on individual stocks for their analysis. I’m not a fundamentalist. But if you were to base Gold on its fundamental, Gold will be higher […]
Those who had kept your faith with the bulls should have profited from the dips. If you have not taken your profit off the table, just ensure you do not let your profits turn into losses. April is coming to an end, the monthly candle of April looks poised to close UP. Next week, if […]
My WMA for the week has been delayed as I was outstation to give a talk in Kuala Lumpur. The pull back has happened as soon as the market opens last Monday. Weekly charts shows the trend is still up. So long the EMA do not crossed, this would be just a dip in the […]
After the tail has shown up on 5 Apr (more infor on last week’s analysis http://strongerhead.com/strongerhead-weekly-financial-market-analysis-8-apr-2013/), prices rallied throughout the first 4 days of the trading week, only to take a breather 12 Apr. Let’s ask the charts how long could this rally last? No change in monthly trend (UP – chart not shown). Dow […]
We started last week in bearish mode. Is “Selling in May and go away” starting early in 2013? Let’s take a look at the charts. Monthly trend is still up n both Dow and S&P. RSI has dipped slightly from its overbought condition. EMA is still some distance away from crossing to confirm a change […]
Market inched higher again. Any pull backs have been a profitable trade with market inability to break support level. Where do we go from here? Monthly trend (chart not shown) is still up. RSI is at 78, 10 point away from extremity. Weekly trend is in line with the monthly trend, with room for further […]