July 10th, 2008 at 5:57 pm
What did G-8 meeting accomplish?.in: General, Trades
Anybody followed the G-8 meeting in Japan? If you didn’t, good for you! You avoided a waste of time. After all the huffing and puffing before, nothing, but nothing of interest came out. Bush is going to attend Olympics opening ceremony? Who cares! We want to know about dollar policy. Everybody expresses deep, deep concern about oil and dollar but no action or a policy of any kind. Few pictures for the press, hand shakes and see you next year! What a joke!
Obviously I’m not the only one who thinks so. Oil shut up in prices and dollar took another round of beating. I’m sure everybody is very, very concerned again.
O.K., trade from yesterday, GBP-NZD is cancelled, price has not reached entry and my interest in this cross is gone for now. Meanwhile I’m placing this order here.
http://img214.imageshack.us/img214/571/cadchfvs0.jpg
I see a promising reversal pattern in CAD-CHF. My entry is going to be at 1.0150. Time frame used here is much smaller, I’m looking for a less sizable gain, only 50 pips.
I place a lot more orders daily, but I don’t see much point documenting them unless they are posted before. It is not practical for me to update these pages more often than once a day, therefore number of trades presented here will be limited and certainly is not representative of all the trading I do.
July 7th, 2008 at 7:26 am
Some charts.in: Articles, General, Trades
Here are some charts to complement the article from previous post.
First is a daily graph of GBP-CHF, with the price move direction and extent that we expect over next 6-10 months.
http://img139.imageshack.us/img139/5941/gbpchfdailyeditednf0.jpg
From the current price behavior we can anticipate next leg up to about 2.1500.Now, what is difficult to determine here is potential low BEFORE our target is reached. Moves are large, so drawdown would also be sizeable. Bottom line is, chances are that we will not see new lows before prices experience a run up of the magnitude we expect.
Here is a snapshot of weekly chart:
http://img139.imageshack.us/img139/1569/gbpchfweeklyeditedog9.jpg
On this time frame a large opward price correction looks even more likel. This entire sell off was extremely deep and fast. Historical patterns indicate that correction, if we are correct in our analysis, would take somewhat longer than the sell off. So we are looking at a price run to 2.2700-2.3000 , lasting between 12 to 24 months.
I’m talking about very large targets and long time frame. Price fluctuation could also be wide and wild, so prudent thing to do would be to use very little leverage, if any.
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STI resistance 1928April 6th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/04/sti-060473-300x288.jpg
STI resistance , for time being buy on dips. look at oscillators and trigger candlestick pattern to go long.
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IF stay above 1600, can go longMarch 30th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/03/sti-300309-300x289.jpg
This cycle wave if can make a higher low at 1656 or 1618 (38% and 50% retracement ) we can see more upside. Looking at the impulsive action of the last week. I think the shortist are covering aggressively. If the real bargain hunter were to come in at a lower level . We may be heading higher from here.A break below 1580 will cancel the view.
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S&P now at resistanceMarch 27th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/03/sp-270309-300x214.jpg
http://www.collinseow.com/wp-content/uploads/2009/03/sp-230309-300x214.jpg
At trendline resistance now.
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End of 5 wave correction?March 27th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/03/sti-270309-300x287.jpg
The STI clear 40ma is a very swift action. Now hitting the 100ma. I think we are in the middle of a trend reversal. Look to buy on dips, support 1700 resistance 1950.
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Short Covering RallyMarch 23rd, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/03/sti-230309-300x289.jpg
One thing learn early in trading is always trade with the trend. Short term candles are bullish. of the last 9 candles 7 were green candles , but market is over bought with longer term still trending down.
Many resistance ahead too at 1620 , 1700. I would think the rally now is due to short covering .I would look to short on weakness
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STI … still bearish at the momentMarch 20th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/03/sti-200309-300x290.jpg
STI rally from a oversold position as price is far away from MA. Currently, price is above 20 ma but still lower the 40 MA. My view is still bearish at the moment as the 2 MA are still far from each other and CCI is already overbought and showing divergence.
However if price rally above 40 MA (30% chance) then the bearish view will be cancel. I still think the price is likely to move in the direction of least resistance and that is down. (70% chance) .
My view. Collin
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Client gathering cum seminarMarch 17th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
Below are the details for the upcoming monthly seminar:
Date: 23rd March 2009
Time: 7pm to 9pm
Venue: Phillip Securities Pte Ltd
250 North Bridge Road
#06-00
Raffles City Tower
Singapore 179101
Diamond Room
Fees: Existing lients $10 (You can free if you bring a pre-client)
Public $28
OUTLINE
Power of POEMS
Introduction to Extended Settlement Contracts and STI CFD
Market Outlook
Stocks Selection for long and short term trading
Register early to avoid disappointment! Seat limited to 40 pax.
Please email me at: admin@collinseow.com with heading ‘Collin Seow Client Seminar” and Full name/HP/account number(if applicable) to reserve your seat.
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Short STIMarch 16th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/03/sti-160309-300x288.jpg
STI hitting slopping down MA , CCI high using 30 mins low as the trigger to short. stop above today high.
Fact: No one can tell where the market is going. It is like the wind. It goes where it want to.
Technical anaylsis merely reads the wind and conclude the probabilities of the wind moving in a certain direction. Even then it is just a probability . So as you trade , manage your emotion. remember the
3 Ps of trading
Price management
Position management
Psychology management.
Know self know market .
improve trading by keeping a trading journal.
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OCBC based on CSI trade systemMarch 11th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/03/ocbc110309-300x213.jpg
2 short position 4.68, the last arrow is not trigger yet. at the moment the trigger short price is 4.16 which is a trailing sell stop order .
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sembmar based on CSI trade systemMarch 11th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/03/sembmar-110309-300x211.jpg
Have 3 short position on semb corp at 2.20 , 2.08 and 2.00
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SPC based on CSI trade systemMarch 11th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/03/spc-110309-300x213.jpg
Last short signal 3.60 and covered 2.25 , currently no position.
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Noble on CSI trading systemMarch 11th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/03/noble-group-300x213.jpg
Noble no position now. last 4 arrows all no confirmation.
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F&N based on CSI trade systemMarch 11th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/03/fn-11032009-300x213.jpg
Green arrow is not used when bar is red or when ribbon is red. last short signal 16.02.09 @2.80
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SGX on CSI trading systemMarch 10th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/03/sgx-100309-300x207.jpg
The trading system is very easy to use which consist of 3 elements.
1) buy and sell arrows
2) blue and red candlestick
3) green and red ribbons
The buy signal is when there is a combination of 3 signal
You need the candlestick to be blue, the ribbons to be green and a buy arrow for long. To cover your long , you just need to candlestick to change to red.
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STI small rebounce …cover some shortMarch 10th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/03/sti-hour-100309-300x287.jpg
Trend is down but consider cover some short position if you are trading.
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4 SHORT SIGNAL ON CSI TRADING SYSTEMMarch 10th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/03/sti-100309-300x207.jpg
For MMT students , there were 4 signal to sell short since 15/01 , congrats to all who shorted http://www.collinseow.com/wp-includes/images/smilies/icon_smile.gif
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Capitaland longer term supportMarch 9th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/03/capitaland-100309-300x206.jpg
capitaland support 1.80 and 1.20. so far no sign of bottoming.
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STI remain downMarch 9th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
STI down another 20. Support 1472. Remain short but cover back some at support. We are in the wave 5 down as posted on 21st Jan
http://www.collinseow.com/index.php/2009/01/21/short-and-remain-short/
This is a slow grind down. Use the 20 and 40 MA to see any change of trend, for now there is no sign of a bottom.
As told in 19th Jan , there is a 60% chance of hitting 1500.
Support possible at 1472 or 1200. Let’s not anticipate but trade the current trend now.Cover your short position in stages. No black and white thinking .
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STIMarch 6th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/03/sti-060309-300x291.jpg
STI at support . Trend is down. Market is oversold.
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AAT Course: Street Smart Tactics In TradingMarch 5th, 2009 Collin Seow Posted in AAT, Events, STI, Singapore Stocks Market | No Comments »
Learn The Tactics To Manage Your Trades In Current Downtimes
Trading need not be stressful or complicated. All you need is a set of methodology, tools and tactics put in place to help you manage your trades. Join us in this two nights’ sessions on how to make your trades work for you, generate your profits and still continue to have a good night sleep in this downturn market!
Course Outline:
ENTRY TOOLS & TACTICS – HOW TO ENTER YOUR TRADES?
• Key Strategy outline applied to only SGX Stocks
• 3-5 Bar Drop
• 9:30 – 10:30 am buy method
• 3:30 – 4:30 pm buy method
TRADE MANAGEMENT – HOW TO MANAGE YOUR TRADES?
• Initial Stop
• Breakeven Stop
• Trailing Stop
• Time Stop
EXIT TOOLS & TACTS – HOW TO EXIT YOUR TRADES?
• 3 ways to exit
• Incremental Sale
• How to handle big gap down?
Course Details
Date: 16 & 20 March (2 Nights Session)
Time: 7pm–10pm
Venue: Singapore Management University
Registrations
Course Fee: S$188 (include materials & refreshments)
Early birds: S$148 (register before 14 March 2009)
By email: ‘training@aatcourses.com’ stating name and mobileirds
By SMS: ‘8428-2929’ stating name and email
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Beauty ChinaMarch 4th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/03/beautychina-040309-300x292.jpg
There is set up for Beautychina called bullish gap , entry at 0.12, time frame for 3 days. stop loss at 0.11. You will learn about the this pattern in one the later workshop.
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STI downtrend but STI short term may recover…March 3rd, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/03/sti-270209-300x215.jpg
Been bearish since broke 1800. continue to trend down but today candlestick very short rebounce. resistance 1566. support 1500. suspected some unseen hand maybe supporting the market. http://www.collinseow.com/wp-includes/images/smilies/icon_smile.gif
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STI updateFebruary 27th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
previous post on bearish view
http://www.collinseow.com/index.php/2009/02/17/sti-breakdown-support/
http://www.collinseow.com/wp-content/uploads/2009/02/sti-270209-300x215.jpg
Today STI hit the downtrendline. My view is that the trend remain down. support 1600, 1566,1478. If STI break above 1640(30% chance) we may see 1670 which was last support.
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Watch GoldFebruary 24th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/02/gold-240209-300x214.jpg
Gold is going manic. 984 broken previous resistance, Next resistance 1030. if break 1030 can see 1140.
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Straits Time Index - CSIFebruary 20th, 2009 Collin Seow Posted in Singapore Stocks Market | 1 Comment »
http://www.collinseow.com/wp-content/uploads/2009/02/sti-200209-300x207.jpg
CSI trading system shorted again at 1727.
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HSI - CSIFebruary 18th, 2009 Collin Seow Posted in Singapore Stocks Market | 1 Comment »
http://www.collinseow.com/wp-content/uploads/2009/02/sti-csi-300x152.jpg
3 Signal to go short : red ribbon, red candlesticks and red arrow. You can get this trading template as part of the 3 months comprehesive MMT course.
Please email rebekah@aatcourses.com to register.
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Hang Seng IndexFebruary 18th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/02/hsi-180209-300x154.jpg
HSI in short zone for swing trading , trading strategy posted in earlier posts. Slopping down MA and High CCI , wait for trigger.
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Golden Agri - CSI trading SystemFebruary 17th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/02/golden-agri-csi-300x153.jpg
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DBS - CSI Trading SystemFebruary 17th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/02/dbs-csi-300x153.jpg
Shorted at $16 covered at $8
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CapitaRChina - CSI trading SystemFebruary 17th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/02/capitarchina-300x152.jpg
Work both way long only when you have green ribbon , blue bar and green arrow
short on when red ribbon, red bar and red arrow.
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COSCO- CSI Trading SystemFebruary 17th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/02/cosco-csi-300x163.jpg
MULTI - multi bagger .
Shorted COSCO at $7 cover $3.8 , Shorted again at $3 cover $0.77
Join us for a 3 months 3 hour /week MMT course.
Not only do we teach you about the trading system but also all about technical analysis
Chart patterns, Indicators , candlestick
How to do swing trading using indicators , using candlesticks for opportunity trading
How to do backtesting , write your own formula for scanning.
How to do journal your trades , we will work your thru 3 months of trades .
Come join us as seats are limited. Please email the rebekah@aatcourses.com or sms 8428-2929
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Capitaland - CSI trading systemFebruary 17th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/02/capitaland-csi-300x159.jpg
Shorted at $5.7 covered at $3
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SGX- CSI trading systemFebruary 17th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/02/sgx-300x172.jpg
CSI trading system
you need sell short on the red arrows.
This system will be given to all who come for the Master Mind Trading Course.
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STI Breakdown SupportFebruary 17th, 2009 Collin Seow Posted in Singapore Stocks Market | 1 Comment »
http://www.collinseow.com/wp-content/uploads/2009/02/sti-170209-300x283.jpg
Yesterday , seminar on extended settlement contract and trading strategy was an overwhelm success. More than 70 were present and we had to put in extra seats for those who walk in.
STI support 1676 has broken down. I have posted in my previous post about this support. I have posted in previous blog about my bearish view.
http://www.collinseow.com/index.php/2009/02/12/sti-hourly-chart/
http://www.collinseow.com/index.php/2009/02/12/sti-shorter-term/
http://www.collinseow.com/index.php/2009/02/09/sti-weekly/
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CoscoFebruary 12th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/02/cosco-120209-300x216.jpg
Doji candle , CCI high ( overbought) , Sloping down MA , consider selling . wait for trigger 0.865 ,alot of contra long will be caught if they buy on break out and have not cut loss.
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STI hourly chart.February 12th, 2009 Collin Seow Posted in Singapore Stocks Market | 1 Comment »
http://www.collinseow.com/wp-content/uploads/2009/02/sti-hr-120209-300x288.jpg
market remain bearish . Sell on strength 20ma below 40ma and 40 ma below 100ma . CCI hit high and turning down
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STI shorter termFebruary 12th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/02/sti-120209-300x286.jpg
Sloping down 100 ma show that trend still bearish. Blue line 20SMA and price meet today. Bearish red candle . Can consider selling or wait a day or two to confirm.
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STI remain bearishFebruary 12th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
Same view no change .
Taken from Phillip research
“The STI is trading near its short-term low of 1677. Beyond 1677 is minor support at 1600 and subsequently, the October 2008 low of 1473. The CRB Index, which the STI has been trading in close lock step with, has also been declining steadily and it close to testing its short-term low at 215. It will do readers good to watch when both the STI and CRB close below their respective short-term lows. This should push the STI lower, towards 1473.”
More or less same as my view.
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SPCFebruary 12th, 2009 Collin Seow Posted in Singapore Stocks Market | 1 Comment »
http://www.collinseow.com/wp-content/uploads/2009/02/spc-21-300x291.jpg
Good for swing trade as well . Please remember set up and triggers and DON’T anticipate.Stop loss and profit taking . Risk Reward ratio.
you have taken the trade, please leave some comments on how you set your ETET.
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Free AAT Workshop: Extended Contracts And Its Trading StrategiesFebruary 12th, 2009 Collin Seow Posted in AAT, Events, Forex, Health, Lesson, Master Mind Trader Course, Singapore Stocks Market | 2 Comments »
==> Registration Is Closed! Overwhelming Response! < ==
Workshop Outline
1. Introduction
• What are the benefits of ES?
• How to use 7 Trading strategies using ES?
• How does ES Compare with CFD and Margin?
2. What are 2 Styles of Trading?
3. How to do position trading using ROC and Moving Average
4. What are the advantages and disadvantages of ROC / MA system?
5. What are the backtesting results?
6. How to position trading using CSI trading system
7. What are advantages and disadvantages of CSI Trade system
8. What are the backtesting results?
Speakers: Collin Seow and Kelvin Lee (Phillip CFD Dealer)
Date: 16 February 2009, Monday
Time: 7pm to 10pm
Venue: SMU, School of Social Science & Economics
Fee: Free
Materials & Refreshments be provided free
Registration: By email to training@aatcourses.com stating name and mobile
By SMS to ‘8428-2929’ stating name and email
Hurry! Only 60 seats available so book early to avoid disappointment!
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Golden AgriFebruary 11th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/02/goldenagri1-300x290.jpg
Swing trading well on Golden Agri.Touch 20 sloping up sma look for CCI go -100. go long on trigger.
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Join me in FacebookFebruary 9th, 2009 Collin Seow Posted in Singapore Stocks Market | 4 Comments »
I am trying to set up my facebook. How do I ask people reading my blog to look for me in facebook?
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STI weeklyFebruary 9th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/02/sti-weekly-090209-300x214.jpg
Above is the weekly STI chart , STI move in April 08 from 3300 (which I start to turn cautious )to low of 1500 in Oct(which I start to turn very bullish). After Oct, we had a rebound to make high 1960 and broke 1800,( I turn bearish again) Now STI is consolidating in a range. My view remain bearish.
My view is that something else will affect the stock market, something not related to sub-prime , financial sector which will cause the next leg down.
This is like after 911 , we had the war on terror and after war , we had SARs
This time is economy 911 , we had the war and after the war , we have _______?
The main thing is to keep ourself positive in all circumstances.
Follow our government leaders advice and keep our head high.
I am sure Singapore will come out even strong after this.
Collin Seow
P.S: JOIN US FOR TODAY WORKSHOP IN SMU at 7pm today 9th FEB 09 . This workshop will be on swing trading(2 days to 2week).I will share the actually trading examples on SGX stocks. Also I will be sharing some of the latest backtested result based on CSI trading trading system
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Baltic Dry Index vs S&PFebruary 6th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/02/bdi-300x242.jpg
The BDI is a good leading indicator for economic growth and production. After all, it doesn’t deal with container ships carrying finished goods. It deals with the precursors to production: bulk carriers carrying building materials, cement, grain, coal, and iron. Unlike stock and bond markets, the BDI “is totally devoid of speculative content,” says Howard Simons, an economist and columnist at TheStreet.com. People don’t book freighters unless they have cargo to move.
Because the supply of cargo ships is generally both tight and inelastic—it takes two years to build a new ship, and ships are too expensive to take out of circulation the way airlines park unneeded jets in the Arizona desert—marginal increases in demand can push the index higher quickly. And significant increases in demand can push the index sharply higher.
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COSCOFebruary 6th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/02/cosco-060209-300x218.jpg
Cosco has been moving up last 3 days BUT you can see from the volume that the price is decreasing , on top of that the CCI is now in overbought position. Chart forming a triangle
Can consider selling on strength. my vew.
Join me for this sat seminar:
- Introduction to Chart Patterns.
- Applications in the Stock Market.
- Learn how to recognize Reversal & Continuation Patterns.
- Confirm these Patterns with Two Simple Indicators.
- How to apply to Singapore Stocks.
- Learn to setup the Chart Patterns with ETET.
Date: 7 February 2009, Saturday
Time: 10am to 1pm
Vanue: Singapore Management Uni, School of Social Sciences & Economics.
Fees: S$48 (materials & refreshments), payments collectible on day of event.
Closing Date: 6 February 2009
Registration:
Email: training@aatcourses.com; stating name, mobile and workshop.
SMS: 84282929; stating name, email and workshop
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Golden AgriFebruary 6th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/02/golden-agri-060209-300x217.jpg
Golden agri has been on a uptrend recently, the price now hug the 20SMA closely. You can do swing trading on pullback , watch also the CCI to go to oversold position -100 to have a better setup.
Indicator for swing trading .
20 SMA , 40SMA and CCI
I do swing trade using only these few tools . There is a repeated seminar coming up on monday.
Using Moving Average & CCI in Swing Trading.
Workshop outline:
- 3 types of indicators
- Trending, Oscillators and miscellaneous
- How to identify trends using Moving average indicator?
- What are the parameters to use?
- How to know when to use momentum and cci indicators to complement your trading?
- How to do swing trading using ma, cci, momentum?
- What is a trigger?
- How to set your trigger?
- What is stoploss? Where to set your stoploss?
- Practical examples in Singapore market
Date: 9 February 2009, Monday
Time: 7pm to 10pm
Vanue: Singapore Management Uni, School of Social Sciences & Economics.
Fees: S$48 (materials & refreshments), payments collectible on day of event.
Closing Date: 6 February 2009
Registration:
Email: training@aatcourses.com; stating name, mobile and workshop.
SMS: 84282929; stating name, email and workshop.
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UOBFebruary 6th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/02/uob-0602091-300x216.jpg
3 set of trendline to indicate the 3 trends.
Blue is the long term down trend
Pink is the mid term down trend
yellow is the short term up trend
looking at this if we break below the blue line , we may see next downtrend pink line around $10 . The stock is more bearish than bullish and should consider selling on resistance.
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STI hourlyFebruary 6th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/02/sti-hr-060109-300x290.jpg
STI resistance 1750, 1790 , support 1680 very short term bullish. longer term bearish.
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StraitsAsiaFebruary 5th, 2009 Collin Seow Posted in Singapore Stocks Market | 4 Comments »
http://www.collinseow.com/wp-content/uploads/2009/02/straitasia-300x287.jpg
Straitasia, pullback seem to be shallower and shallower. first time , pull back was 0.72 , then 0.79. It has hit 0.995 for the last 3 times.
Can consider to go long as the 4th try may clear 0.995 . Stop will be below 0.91
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AAT Trading Workshop - Swing TradingFebruary 5th, 2009 Collin Seow Posted in Uncategorized | 1 Comment »
Using Moving Average & CCI in Swing Trading.
Workshop outline:
- 3 types of indicators
- Trending, Oscillators and miscellaneous
- How to identify trends using Moving average indicator?
- What are the parameters to use?
- How to know when to use momentum and cci indicators to complement your trading?
- How to do swing trading using ma, cci, momentum?
- What is a trigger?
- How to set your trigger?
- What is stoploss? Where to set your stoploss?
- Practical examples in Singapore market
Date: 9 February 2009, Monday
Time: 7pm to 10pm
Vanue: Singapore Management Uni, School of Social Sciences & Economics.
Fees: S$48 (materials & refreshments), payments collectible on day of event.
Registration:
Email: training@aatcourses.com; stating name, mobile and workshop.
SMS: 84282929; stating name, email and workshop.
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AAT Trading Workshops - Chart PatternsFebruary 5th, 2009 Collin Seow Posted in Uncategorized | 4 Comments »
Powerful Chart Patterns Used In Trades:
- Introduction to Chart Patterns.
- Applications in the Stock Market.
- Learn how to recognize Reversal & Continuation Patterns.
- Confirm these Patterns with Two Simple Indicators.
- How to apply to Singapore Stocks.
- Learn to setup the Chart Patterns with ETET.
Date: 7 February 2009, Saturday
Time: 10am to 1pm
Vanue: Singapore Management Uni, School of Social Sciences & Economics.
Fees: S$48 (materials & refreshments), payments collectible on day of event.
Registration:
Email: training@aatcourses.com; stating name, mobile and workshop.
SMS: 84282929; stating name, email and workshop
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Technical ReboundFebruary 3rd, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/02/sti-030209-300x290.jpg
This morning, I sms to some clients to ask them to consider covering some their short positions if they were trading short term. (1-3days) For longer term,(15 days) I think we will still have some more downside. Support 1677 and 1550. I think the best case for bull will be a consolidation between 1950 and 1550. The other case will be a retest of 1200.
Personally, I would prefer the market to stop at 1550. http://www.collinseow.com/wp-includes/images/smilies/icon_smile.gif but frankly no one know where the market will go. We just to chart read the market to tell us the chance of it performing in a certain way based on observation of history.
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STIFebruary 2nd, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
Dow Jones down 148 on Friday, Bearish as told in prior post.
Immediate support 1674.This is more likely a slow grind down rather than a massive sell-off becuase the wedge breakdown was a rather gentle one.
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Bearish short term BUT bullish long termJanuary 30th, 2009 Collin Seow Posted in My dream, Singapore Stocks Market | 1 Comment »
As you may know I started turning bearish since STI broke 1800 recently, for those that are investing.My view is that longer term( by end of this year) we should be higher than now. So while I trade now mainly on the short side , it is not that I am negative or pessimistic. I just trade what the chart tell me it will most likely go.
On the buy side, I am looking to buy at around 1500 level. My view is that the bottom will take time to build so can accumulated slowly.
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Sell on Strength for STIJanuary 28th, 2009 Collin Seow Posted in Singapore Stocks Market | 1 Comment »
Daily Chart
http://www.collinseow.com/wp-content/uploads/2009/01/sti-280109-300x287.jpg
Hourly Chart
http://www.collinseow.com/wp-content/uploads/2009/01/sti-hr-280109-300x298.jpg
After breaking 1800 , I have start to turn bearish. Continue to sell on rally. View will only cancel if STI above 1850 which my opinion now has less than 30% chance. there is a 70% chance we will go to near 1650. If 1650 is broken, likely 1567. If 1567 broken 1500.
Overall, I would take a more defensive stance.
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STI Daily and hourly chartJanuary 22nd, 2009 Collin Seow Posted in Singapore Stocks Market | 1 Comment »
http://www.collinseow.com/wp-content/uploads/2009/01/sti-2201091-300x290.jpg
Daily chart show the support and resistance level 1757 and 1710 . It also show the longer uptrendline and the shorter downtrendline.
The longer the trendline the more important. We see the uptrendline has been broken.
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Short and remain shortJanuary 21st, 2009 Collin Seow Posted in Singapore Stocks Market | 8 Comments »
http://www.collinseow.com/wp-content/uploads/2009/01/sti-210109-300x290.jpg
Bearish as told …
Wedge is unfolding … remain short and add to short position when it rebounce to resistance 1700 & 1750. This is the start of wave 5 .
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Money Management & MMT courseJanuary 21st, 2009 Collin Seow Posted in Master Mind Trader Course | No Comments »
I read with interest some of the guru’s out there. Some predict STI to move to 2500 level by this year. Some say their students make tons of money trading their call.
Firstly, is it neccessary to predict the market to make money? In my humble opinion, no need. Trading is reading the market and taking action.
Secondly, theymake $50000 trading the market? but do they practice money management? Money management is key to trading. If you trade and dont control your greed, that is just like gambling.
Action point : Practice money management. Read the rest of this entry »
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Bearish as toldJanuary 20th, 2009 Collin Seow Posted in Singapore Stocks Market | 1 Comment »
I love my charts and I love doing charting more and more. Interesting to see how charts unfold.
Let’s cap
posted 15th Jan
Yesterday AT 3pm, STI went up to 1795 which is still below price to trigger buy , it hit the 40 MA line and very quickly turn down in the last 2 hour. I sms to mention STI need to watch 1800 which is a support turn resistance.
Chart posted on 15th
http://www.collinseow.com/wp-content/uploads/2009/01/sti-150109-300x296.jpg
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HSBCJanuary 19th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/01/hsbc1-300x271.jpg
Using the CSI trading system , short HSBC since $120.
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STIJanuary 19th, 2009 Collin Seow Posted in Singapore Stocks Market | No Comments »
http://www.collinseow.com/wp-content/uploads/2009/01/sti-190109v2-300x284.jpg
STI broken uptrendline, now rally back to test uptrendline.
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PICASSO
Rookie
http://www.fxstreet.com/forum/images/ranks/star.gifhttp://www.fxstreet.com/forum/images/ranks/star.gif
Forecasts by EURUSD, GBPUSD, USDCHF, USDJPY, GOLD
EURUSD
http://img57.imageshack.us/img57/8506/eurusdh4hm1.gif
http://img57.imageshack.us/img57/1564/eurusdd1zt1.gif
http://img57.imageshack.us/img57/2846/eurusdw1oz6.gif
GBPUSD
http://img57.imageshack.us/img57/759/gbpusdh1gl7.gif
http://img57.imageshack.us/img57/3723/gbpusdd1kt3.gif
http://img213.imageshack.us/img213/8651/gbpusdw1nq0.gif
USDJPY
http://img57.imageshack.us/img57/1327/usdjpyh4hq2.gif
Forecasts from 08.08.07
EURUSD
http://img299.imageshack.us/img299/656/eurh4jq5.gif
http://img211.imageshack.us/img211/3162/eurd1bq6.gif
http://img237.imageshack.us/img237/9714/eurw1mz0.gif
http://img235.imageshack.us/img235/9689/eurmnfs1.gif
GBPUSD
http://img237.imageshack.us/img237/8580/gbph4tu2.gif
http://img235.imageshack.us/img235/8765/gbpd1zc5.gif
http://img235.imageshack.us/img235/8673/gbpw1xw5.gif
USDCHF
http://img235.imageshack.us/img235/6323/chfh4bc1.gif
http://img120.imageshack.us/img120/2284/chfd1hu1.gif
http://img232.imageshack.us/img232/4276/chfwxx9.gif
USDJPY
http://img237.imageshack.us/img237/5867/jpyh4vn9.gif
http://img120.imageshack.us/img120/2426/jpydlk8.gif
USDCAD
http://img232.imageshack.us/img232/2131/cadhno8.gif
http://img120.imageshack.us/img120/1935/caddow5.gif
GOLD
http://img120.imageshack.us/img120/4342/goldhve0.gif
http://img232.imageshack.us/img232/3140/goldd1sb7.gif
http://img120.imageshack.us/img120/1328/goldwxa7.gif
DOLLAR INDEX
http://img232.imageshack.us/img232/2332/dxyh4bt7.gif
http://img232.imageshack.us/img232/2332/dxyh4bt7.gif
http://img232.imageshack.us/img232/9847/dxyw1eb3.gif
20.08.07
EURUSD
http://img167.imageshack.us/img167/146/eurh4pb8.gif
http://img63.imageshack.us/img63/2191/eurd1ks4.gif
http://img167.imageshack.us/img167/196/eurw1mq1.gif
GBPUSD
http://img219.imageshack.us/img219/9167/gbph4an9.gif
http://img167.imageshack.us/img167/7629/gbpd1gy5.gif
http://img241.imageshack.us/img241/8210/gbpw1yq2.gif
USDCHF
http://img219.imageshack.us/img219/8534/chfh4sf1.gif
http://img241.imageshack.us/img241/7273/chfd1mk6.gif
http://img219.imageshack.us/img219/6691/chfdw1xn1.gif
USDJPY
http://img241.imageshack.us/img241/1914/jpyh4ra6.gif
http://img62.imageshack.us/img62/4402/jpyd1oc0.gif
http://img219.imageshack.us/img219/9084/jpyw1gg7.gif
http://img62.imageshack.us/img62/284/jpymnfd1.gif
USDCAD
http://img62.imageshack.us/img62/106/cadh4cj4.gif
http://img62.imageshack.us/img62/1554/cadd1rp5.gif
http://img219.imageshack.us/img219/2765/cadw1ql5.gif
http://img219.imageshack.us/img219/5062/cadmnwg2.gif
DOLLAR INDEX
http://img241.imageshack.us/img241/7334/dxyh4oc9.gif
http://img165.imageshack.us/img165/4594/dxyd1gk8.gif
http://img168.imageshack.us/img168/9334/dxyw1wh0.gif
GOLD
http://img165.imageshack.us/img165/2269/goldh4qd2.gif
http://img165.imageshack.us/img165/4207/goldd1ru5.gif
http://img165.imageshack.us/img165/389/goldw1an4.gif
EURUSD
Trade signals:
Sell 1.3586, stop 1.3627, target 1.3475.
http://img64.imageshack.us/img64/8249/eurh4uw1.gif
http://img64.imageshack.us/img64/4335/eurd1vz1.gif
GBPUSD
Trade signals:
Sell 2.0131, stop 2.0205, target 2.0020
http://img64.imageshack.us/img64/4376/gbph4ap9.gif
http://img64.imageshack.us/img64/617/gbpd1ad6.gif
USDCHF
http://img64.imageshack.us/img64/7886/chfh4ek1.gif - H4
http://img64.imageshack.us/img64/1359/chfd1er2.gif - D1
DXY
http://img64.imageshack.us/img64/5770/dxyh4ev0.gif - H4
http://img64.imageshack.us/img64/7585/dxyd1be3.gif - D1
USDJPY and GOLD – look at previous forecasts
25.11.07
EURUSD
Trade recomendations:
sell 1.4863, take profit 1.4630, stop loss 1.4930
http://img215.imageshack.us/img215/4443/eurh4ty8.gif
http://img160.imageshack.us/img160/4220/eurd1xt6.gif
GBPUSD
Trade recomendations:
sell 2.0635, take profit 2.0425, stop loss 2.0760
http://img220.imageshack.us/img220/9316/gbph4rf0.gif
http://img222.imageshack.us/img222/725/gbpd1bd5.gif
USDJPY
Trade recomendations:
buy 108.80, take profit 110.05, stop loss 108.15
http://img61.imageshack.us/img61/5918/jpyh4fc1.gif
http://img229.imageshack.us/img229/2962/jpyd1hz0.gif
GOLD
Trade recommendations:
sell 827.27 - 828.98, take profit 785.50, stop loss 835.
http://img219.imageshack.us/img219/1572/goldh4vm4.gif
http://img219.imageshack.us/img219/9201/goldd1md5.gif
Last edited by PICASSO : Nov 25, 2007 at 18:52.
Temporary consolidation
Dollar pairs slowed down their movement after starting to grow rapidly, but the trade goes on and it’s necessary to determine the trading range which is now offered by dollar. To determine also if the movement towards dollar’s growth will continue or the correction will start, and the depth of correction.
Dollar index
On the day’s graph the index has broken a descending green trend and the upper range of “double top” shape, what gives dollar a potential for further growth if the index remains above trends. Targets for further growth are high, and the correction may elongate up to level of 75.69.
Correction range determination using index let us trade in favour of dollar’s price reduction in following pairs:
GBPUSD
On a 4-hours graph the side trend continues. On an hour graph the side trend has also formed.
http://img225.imageshack.us/img225/8818/gbph4gi0.gif
No rading recommendations:
EURUSD
The pair is set against an ascending green trend from the daily graph (see daily graphs in previous forecasts). When bounced of it, the pair formed a potential of growth to 1.4750, from where I expect further reducing as low as to 1.4200.
Of course, breaking of green trend from current levels is also possible.
http://img225.imageshack.us/img225/9250/eurh4we5.gif
Trading recommendations:
buy by market situation, but not higher than 1.4770 with a stop 1.4615 and a target 1.4750
USDJPY
I expect forming a “head & shoulders” shape on a daily graph with right shoulder’s end at price about 109.35. Forming of this shape is contributed by inability of rapid breaking of descending daily trend, and the divergence on a daily graph.
http://img225.imageshack.us/img225/3259/jpyd1ws4.gif
On a 4-hours graph the pair formed a “double top” shape with a target 109.35.
http://img225.imageshack.us/img225/7959/jpyh4ax2.gif - H4
Trading recommendations:
Sell at 110.15, target 109.35, stop 110.60
Buy 110.60, target 113.48, stop 110.15
GOLD
At Í4 Gold is in the side trend, having broken this trend it has a chance of growth to 807.00. I keep myself from trading for the time being.