Did You Trade

Good Morning,

As expected, the Dow closed up on Monday night which led to all regional markets gapping up on Tuesday and profit take from the start. All these are part of the V3Go GMD formation which was well expected by the V3Go grads.

Today will be critical as usually, after a GMD formation, market will be trending into a major direction soon. Whether its up or down, to be honest, I won’t know BUT I am expecting the STI to hit either 2978 or 2522 in the next 2-3months. So traders do take note.

If the STI can go above 2718 today (our V3Go UT TSC LB ) STI should be going up for TODAY.

So traders do kindly take note of this level and watch out for stocks today as I think there should be some upside on some of the market’s favourite counters like UTD, Sinotel, F1, Capcom, YingLi and Ramba.

Disclaimer applied as usual.

ps: I have recieved many emails regarding to join us, the V3Go Team. I will reply to everyone by the end of today. Thank you for your kind words and encouragement and belief in our business.

Cheers!

Kelvin Han
Chief Trainer
V3Go Mentoring Program

Good Afternoon,

On the 19th of Oct 2009, whereby the world is fearing that the selling on the Dow will return into the market, we, the V3Go Graduates, actually bought  into the market instead. We have recieved many emails, seeking when is our next course? At the moment, we are working on our transitional move from our Event Organizer and restructuring our team but 90% chance, the 30th V3Go Mentoring Program will be held in December 2009.

If you are interested in the course, do email us at kelvinhan@cronwell.com.sg so that we can email you the details of what you will learn and the many testimonies given by people, local and oversea.

Meanwhile, I have attached 2 charts for everyone to take alook on how we interept a stock movement, how we read the ‘Musical Notes’ of the market and how we draw our V3Go techniques onto the chart. If the charting excite/arouse your interest then email us and seek more details from us! Cheers!

On the 13th of October, the stock goes below our V3Go DIFF S/L @ 38cents and usually this is a very dangerous sign, possibly indicating more selling to come. But on the next day, it actually bottomed itself with the same low. By 16th of Oct, it have tested the V3Go DIFF R/L twice and the low keep getting higher daily. That was the sign that I was looking for ‘articial support’ and when I crossed check with my V3Go W%+MA Indicator and realised that the STI been profit taking instead… I knew that an outburst in action is round the corner thus when it opened at 39.5cents, I placed an order (small) to buy at 40cents to probe the market. When I see it clearing 405, I added more at 41 and booked some profit at 42/425 on V3Go (V) Calculation technique. When it closed above 40.5cent, I held some overnight to enjoy the ride AND see if the stock can hit 47.5cents, the V3Go TAOS level. But trailing stops are inplace in case market turn down instead. Nothing is 100%. Cheers!

After swimming between the level, on the 12th of October, the stock goes above our V3Go DIFF R/L @ 74cents and usually this is a very good sign, possibly indicating more upside to come. But on the 16th of Oct, we have a V3Go DT TSC but the V3Go downside ROC was getting weaker so when the stock breaks the UB of the DT TSC, one can go long on it. When I crossed check with my V3Go W%+MA Indicator and realised that the STI been profit taking instead… I knew that an outburst in action is round the corner thus when it hit 82.5cents, I placed an order (small) to buy. When it closed above 82.5cent, I held some overnight to enjoy the ride AND see if the stock can hit 86.5cents, the V3Go TAOS level. But trailing stops are inplace in case market turn down instead. Nothing is 100%. Cheers

If the above commentary excites you then drop us an email at Kelvinhan@cronwell.com.sg

See you!

Cheers!

V3Go Team

Good Morning,

Yesterday, I shared with my 29th V3Go Batch that today, we MIGHT see the long awaited +GMD (Global Movement Day) since the Dow closed in the red and most likely, most of the Asia markets will gap down today.

So thats why all the V3Go grads are eyeing on NIKKEI movement… if the conditions are met,  I am going to say that we might SEE a +GMD and if that happen, short sellers might want to take away their short positions first and wait until tomorrow to see if there is chance to enter into the  market. Traders on the long side can try taking positions overnight.

Of course, nothing is 100% but if it does happen, traders should always take advantage of such interesting phenomena. V3Go grads, you should know the right criteria/conditions for a GMD so please ensure the conditions are met before engaging into trades.

Kelvin Han
V3Go Team
Originator of V3Go Mentoring Program

Good Morning,

Last week, I was pretty busy as I met up with many interested parties (Event Organizers) from different countries, seeking to bring V3Go Mentoring Program to the regional countries as there is a demand for professional stock market trainers like us.

We have been in this industry for more than 3years, having 5 Full time staffs (3 trainers, 1 Manager, 1 Admin), conducted 29 successful Mentoring Programs, more than 50 workshops and previews for schools and public, local and overseas. And now our agreement with our last Event Organizer has ended, we are looking for new partners. If you are interested to work with us, as (1) Trainer (2) Publicist (3) Business Partner (Oversea) (4) Admin and Executive, please email us at kelvinhan@v3go.com and we will get back to you within 2business days.

Thank you!

Now back to the market,

On last Wednesday, 14th of Oct, the Dow went above 10,000 mark for the first time this year and that caused a sensation in the financial market. But people were still skeptical on this rally. On the next day, the Dow continued to rallied to closed at DH at 10,062. Many chartists and Analysts then confirmed that this rally is to stay. The market key psychology resistance is broken! said by many.   

But on the 16th of Oct, the Dow gave back 67pts and closed below 10,000, at 9995. Now, the same jittery returned back to the market once again…and people are fearing that this the start of a sell down… and with today being the rather inauspicious  ” Black Monday, 19th of Oct”, more people are fearing that this could be the signal for selling.

Alas… Haiz…  it just seem that the market always so fickle with their view but unlike for us, the V3Go Grads, we know what to expect for tonight’s Dow with precise numbers.

Based on our V3Go techniques, the Dow must recover back above to 10,034 for the market to continue its upside march. If not, there could be some profit taking to be expected. The first support level for the Dow tonight will be at 9977, the V3Go DIFF S/L. If the Dow goes below this level, then the next level will be 9871. But shall the upside goes above 10,034, then one should target to see 10,114 (Using V3Go TSC UB) for tonight.

My take: I expect some initial selling tonight first but will go long once I see 10,034 traded.

For the STI today, if the market goes below OP of today, there will be selling pressure as there is a V3Go Sell Call at 2695 level. Should the market go above 2708, then one may want to look out for buying opportunity.

My Take: Since last Thursday and Friday, the STI been booking profit while the Dow rose, I got a feeling that the market may not take much profit today and I will be looking at the Crude, Dollar strength to make my decision. If market fail to trade below the OP, I will reserve my shorting ammo and look around for buying opportunity instead as I’m still very bullish in the current market. Since the market already took profit and if market cannot go below OP, I will not short.

Local Stocks in Mind for Long: United Envirotech / Ezion / Ramba and Ying Li

V3Go TAOS Levels to watch:
(1) UTD:  47.5cent Resistance while 37 support
(2) Ezion: 86.5cent Resistance while 81.5 support
(3) Ramba: Support at 70cents
(4) YingLi: Support at 76.5cents while Resistance at 89.5cents

V3Go TAOS Support and Resistance levels are different from common TA knowledge so non V3Go trained grads may have some issues using it. So trade with care. Disclaimer applied as usual.

Have a great trading day ahead.
Cheers!

Kelvin Han
V3Go Team
Originator of V3Go Mentoring Program

Good Morning Everyone,

JKSCI was on a profit taking mode yesterday. However, it is likely to go up higher due to TSC.

Trading Plan:

• Long Indonesian stocks above OP if JKSCI is able to stay above 2514 (LB)

Good Luck!

CK

Disclaimers Apply

Analysis:

Buying pressure on DOW

Upside:

1. Upside TSC (UB 10119, LB 10041)
2. Upside croc W%
3. Closed above Diff R/L
4. Change in ROC
5. Closed above PDH
6. Closed above V3Go BC

Downside:

1. W% at extreme

Trading Plan:

• Watch DOW if it trades above 10041 (LB) or below 10031 (SC)

Analysis:

Upside pressure on NK

Upside:

1. Upside TSC (UB 10435, LB 10315)
2. Upside croc W%
3. Closed above Diff R/L
4. Change in ROC
5. Closed above PDH

Downside:

1. N.A.

Trading Plan:

• Watch NK if it trades above 10315 (LB) or below 10205 (SC)

Analysis:

Selling pressure on HK

Upside:

1. Upside TSC (UB 22498, LB 22021)
2. Closed above Diff R/L

Downside:

1. Upside sparrow W%
2. Change in ROC

Trading Plan:

• Watch HK if it trades above 22021 (LB)

Analysis:

Profit taking on STI

Upside:

1. Upside TSC (UB 2771, LB 2739)
2. Closed above Diff R/L
3. Closed above V3Go BC
4. Failed Peak Theory

Downside:

1. Upside sparrow W%
2. Change in ROC

Trading Plan:

• Watch STI if it trades above 2739 (LB)

V3Go Team

Disclaimers Apply

Good Morning,

10 trading days ago, I predicted the Crude Oil to hit US$74.37 when it was trading at around US$68/barrel. And indeed it happened.

If Crude Oil can close above US$74.50 today, the next level will be US$75.95.

The next level will be US$81.84. My prediction on Crude Oil to hit US$90/barrel by December 2009 is still intact and I will stick by it unless the support breaks.

If that’s the case, one should be seriously looking at Oil and commodities linked stocks.

Disclaimer applied as usual.

Cheers!

KELVIN HAN
Chief Trainer
V3Go Mentoring Program
29 batches and still going strong

Good Morning,

120mins have passed and yet the market continue to go sideway. Only the penny counters are moving higher while the blue chips stock stay sidelined.

Based on our V3Go technique, the intersection point for further upside is 2688. So unless we can have a clear outbreak above it, the market should be in the mode of profit taking, afterall, the market been up for 5-6days.

The Resistance is at 2685 for the time being. It was tested yesterday with a high of 2687 but end of the day closed at 2668. So unless we see 2688 tested again for today, the upside should be limited.

Have a great day ahead.

Disclaimer as usual.

V3Go Team

Good morning,

I don’t really like what I see on JKSCI. There is indeed selling pressure on the index. DOW is likely to end negative today as it is showing signs of weakness. Hence, I would rather stay out of Indonesian stocks for the time being i.e. if I want to long, I may go small in my quantities.

On the side note, this is healthy for the index. JKSCI has created a year high recently and needs for a technical correction for further upside. Of cos, we wouldn’t know how the market is going to react today. Just follow your rules – Buy low Sell High. If market is not with you, Cut first.

I’m still looking at Bumi. As long as Bumi stay above 2725, it would still be safe to hold onto this counter.

Good Luck!

CK

Disclaimers Apply

Good Morning,

I’ve made small losses on my Gold trade yesterday from shorting Gold below 1049.4

So should I turn long? Hmmm… Since Gold is trading near historical high, the risk for me to long is higher (i.e. Those who bought earlier are itching to take profit). I would rather look to short instead.

Does it means that Gold can’t go higher? OF COS NOT!!!

It is all about risk & reward. If Gold is showing signs of recovery, I may choose to long for quick profit. But I definitely waiting for my chance to short big time!

Based on V3Go, Gold is trading within the DT TSC and below V3Go SC. Hence the probability of making $$$ on the short side is higher. Watch out for Gold if it trades above 10594.

Good Luck!

CK

Disclaimers Apply