Did You Trade

Good Morning,

Yesterday in the morning, around 7am… I received a Yahoo message from a fellow graduate and she asked me about my feel about Genting. She made around S$14,500 from my call recently and she been monitoring it since…

I told her that on the 17th of August, I mentioned that the stock must close above $1.66 for further upside…. if not, there could be profit taking. That very day, the stock opened at 1.58, rocketed to a high of 1.68 before slamming down at closing to end at $1.52. She claimed to be very impressed with that call (she got out at 1.63 before it crashed down in the late afternoon… which is something she will never do BUT she have great trust in what I say thus she just let go at a small profit than just keep waiting like the past) but I shared with her that its something she learned before in my course… its called ROC, also known as V3Go Rate of Change pattern calculation.

So I asked her, what does she sees in the 20th of August’s chart pattern… 

“Downside ROC but getting weaker!” she exclaimed with enthusiasm!

“I get your point! The Idea is the same!”

I am not too sure if she bought the share yesterday but based on V3Go System, once it traded 1.51 yesterday, one can start accumulating it although the qqty should be reduced since the other indicators are showing more potential downside possibility.

Of course, I am not claiming credit as you may see it as hindsight and I was way too busy trying to settle down on my work recently therefore didn’t have the time to post online but I am happy that some of my graduates are outperforming their peers when come to trading as they are able to see things better, clearer and further which are the essences to successful trading/investing.

For today, Genting MUST close above $1.60 to ensure more upside based on our V3Go chart.

When I scanned through the local top stock forum, I was “amazed” (actually not) that when Genting ran up from 1.53 to 1.58, there were less than 10 postings on it as compared to the 100s that I read when Genting moved up on the 16th of August. The movement is roughly the same but the sentiment was different. I believe many were caught in the spike and dump movement on the following day… as more than 334million shares were traded on that day.

So using simple forward calculation, today will be the last contra day for those who bought (T+3 +D+2), so do expect some volatility today and watch the $1.60 potential resistance. I wont be calling for a buy on this share today but I would love to observe its movement. If this share shows strength, the downside limit should be around $1.50 for this round, based on chart pattern.

So kindly take note of the above.

Have a great trading day ahead!

Cheers! 

Disclaimer applied

Kelvin Han
V3Go System Originator

Good Evening,

If US Crude fail to break down and go above US$74.50, we may see this commodity stages a rebound to US$80 in the mid term (refering to by mid of September). Downside limit 71.70s level.

If it does happen, do expect regional stock markets to follow too.

If DollarSIN goes below 1.3520, now is trading at 1.3555, tomorrow will be another good day to accumulate singapore blue chips

Disclaimer applied

Kelvin Han
V3Go System Originator

Good Morning,

Rise & Shine to prepare the Day as  I expect alot of bargain around town for you to pick.

Recently, I was asked in a financial conference regarding my view of the global stock market. These are some of the extracts of what I replied;

” United States of America, in no time, will be forced to increase interest rates soon as their Govert US Bonds are not as well received by the Chinese anymore and the latter goes for the Japan’s Bonds instead thus the money rolling game for the US will need to stop soon and also they will need to repay the dividend soon. All these leads to signals that  US must starts to increase Interest Rate very soon.

This will definitely spur the Greenback and leads to 2 potential outcome; first, initial knee jerk reaction towards downside hostility and volatility as US companies and economies have not shown stability especially the recent 500k loss of jobs. But in the long run, the 2nd outcome will be good as money will start to flow back into the US economy and market for being the more stable currency as compared to the Euro or Pound. AND I believe that; Gold will be moving very erratically first towards the UPSIDE before its envitable crash down later while Crude Prices moves towards the century mark, once again.

Recently, on the media, there are a lot of speculation; and many are looking at another round of financial meltdown or even a titanic crash onto the financial iceberg. In basic summation, many are looking at horrific sell down from September to October this year. Many analysts and forecasters are claiming that, like psychics, that we are standing on the railway track with the train coming head-on, in full speed and time seem to be running out…

In all honesty, I just wish to say that I always believe in PATTERNS whenever I deal with trading or investment.

In the most consistent & classic PATTERN for a tantamount BEAR to arrive; there will be an incredible, irrational BULL first.  May I know did you see Mr. BULL around with his horns probing people to enter into the market yet?

So my take is that UNLESS we see Mr. BULL egging people into trading or investment, I really cannot see HOW and WHY Mrs. BEAR will come into the picture. Based on my recent weekend reading of the forum postings by retails and stockists, the growing sentiment is definitely on selling and being worried for the global economy. In short, I don’t see Mr. Bull or Mrs Bear yet… but I am very sure, I spotted; Miss Pessimism is in town.”

So I would like to take this approach for today instead; 2919 will be the support level for the STI today. If the market can stay above this level and rebound to above 2940; I am pretty confident to see STI re-testing the 3000 mark by the 10th of September 2010. The Index closed on last Friday at 2936. So one should be loading onto the Blue Chips like Banks, agriculture stocks like Wilmar, Olam, Indon Agri, etc… Only by then, then I will start to look out for signs to see if Mrs. BEAR have arrived town…

Cheers!

Disclaimer applied.

Have a great trading day ahead!

Kelvin Han
V3Go System Originator

Good Morning Everyone,

Today I am looking to load into Bank shares which were recently battered down.

This is what I shared with my friends

I just bought SIMSCI at 3447
[8:41:20 AM] 00 KH-Trend Master: UT TSC with a BC
[8:41:31 AM] 00 KH-Trend Master: the BC is the 2nd time being use
[8:41:51 AM] 00 KH-Trend Master: today got 2 BC
[8:41:57 AM] 00 KH-Trend Master: anyone joining me?
[8:42:52 AM] 00 KH-Trend Master: today twi not so good signal as it closed below the UT TSC
[8:43:10 AM] 00 KH-Trend Master: so most likely to see some sell pressure once it trade below OP
[8:49:14 AM | Edited 8:49:18 AM] 00 KH-Trend Master: 14.08 may be a good level for buying DBS today.
[8:49:22 AM] 00 KH-Trend Master: based on BC
[8:50:36 AM] 00 KH-Trend Master: 18.66 is a price to look out for buying for UOB today.
[8:50:39 AM] 00 KH-Trend Master: based on TSC
[8:51:32 AM] 00 KH-Trend Master: 8.63 is a price to look out for buying OCBC for today.
based on TSC

Disclaimer applied

Kelvin Han
V3Go System Originator

Good Morning,

In all honesty, when I called my broker friend around 4.30pm to get some updates of the market, I was shocked to find out that Genting trading at 1.53! Wow, I remembered it was trading at 1.63-1.64 at around 2pm. I was pretty sure that if it cannot close above $1.66, there will be some profit taking but I didn’t expect the reversal to be in such extent. I am happpy and glad that many took the hint in the morning and booked profit for their recent long or cut short their trade.

This truely shows that V3Go System is a reliable system for traders to use; for gauging possible market outcome.

For today, we are looking at the market to open slightly higher first, profit taking and some short selling is expected to come in first… but after the selling, if the market can recover and go back above OP, then it will give buyers the confidence that there will be more upside for today.

Based on V3Go System, the Dow should continue its upside for another night, tonight.

Nothing is 100% but one should always have a trading plan and the above is my plan.

May everyone make money from the market today.

Disclaimer applied.

Kelvin Han
V3Go System Originator

Good Afternoon,

I been monitoring Informatics for some time and I think the time is ripe for some small investment on this share. This morning, more than 25mil shares were traded on this counter which brought it to a low of 15cents. This price is the level that I been waiting for since yesterday. Yesterday I tot 17cts can hold but it closed at 16. So I have to wait. Did some analysis and think the 15cents will be a better bet as its the 50% of this run is 14.5.

So my theory is that if the stock hit 15cents and stay above 16.5, I think its a good level to enter.

The above is my personal technical analysis…Nothing is 100%.

Disclaimer applied.

Kelvin Han
V3Go System Originator

Good Morning,

I received alot of well wishes SMSs and Emails for the Buy Call that I made publicly on Genting SP since last year and was even more aggressive with this call this year. I am very happy that many have made. I even heard some made S$60,000 to $70,000 on this call of mine. Thats fantastic! Hope that these people can take 1% of the earning and give to charity organization of his/her choice and help others in return.

As much as I want Genting to hit S$2.00 but I think this recent run is near its peak. Based on chart pattern, today, Genting must close above S$1.66 for more upside. If not, one have to be very careful on your target level. My take is, if it close at $1.66 today, the upside should be the most around S$1.70 this week. BUT if it fail to close above S$1.66 today, then I think, my 2cent advice, is to book partial profit from tomorrow onwards.

For today, the KEY Upside Catalyst will be the HK Future market. All 3, NIKKEI, SIMSCI and Taiwan Futures opened and went down first before climbing up. So meaing, HK must trade above 21080 first.. once this market can go above 21100, I believe the entire market will start surging up and may even see strong closing today.

I am looking at Gold to take profit soon while Crude Oil to bottom out.

Have a great trading day ahead!

Disclaimer applied as usual.

Kelvin Han
V3Go System Originator

A picture like this tells you all….

Around 1248 residents in Zhouqu perished after landslides hits them… and with more than 490 people still ’missing’… search & rescue parties have stopped… as its beenn 3 days and chance of suvival is pretty slim… 

To see pictures and read about it: http://news.xin.msn.com/en/silverlight-gallery.aspx?cp-documentid=4276570

While I read the articles on it, my heart truely pain for them... I can only say that we must always be grateful of where we are now, in a country, still natural disaster free as compared to our fellow beings around the world that constantly losses their love ones due to natural disasters like the above. I urge… Lets all pray or chant for them before we sleep tonight and hope our prayers are answered and may the affected people who are still alive; be strong and move in their life while the deceased find the light to heaven.

* tears fell *

Good Afternoon,

Congrats to those who bought the HK cw at 23cents. You are up 10% now. 

At the moment, we have profited on our Taiwan Futures Long today and holding longs on NIKKEI, S&P & SIMSCI.

For stocks side, today is clearly for the Blue Chips therefore, we know that we won’t be seeing much action for the $3 below shares but this is a great time to do some analytical work and prepare for the wave to come in. Most retails are being forced to dump their shares as most of the recent pumped up shares are T+4/5 due today. So usually, this is a great time to wait for the panic/forced selling to be over to get what we think is worthy to keep for speculation reason.

I am closely watching the movement of the Dollaryen, Shanghai and DollarSin movement alongside the local 3 Banks price action. As long as they stay above certain levels that I devised, I think I am going to stay Bullish for now while I know many people are turning purple and white.

I am looking at a strong SIN dollar to give more upside for my SIMSCI and stocks holding.

Have a great trading day ahead!

Disclaimer applied

Kelvin Han
V3Go System Originator

We are buying HSI21200MBLeCW100929 at 23cents to keep because we expect china market to recover to around 2680 level. Now trading at 2619. Kindly be reminded that warrant trading is highly speculative so do know the potential risk involved. May not be meant for everyone.  Hang Seng Future currently trading at 20960.  Looking at it to test 21250 in the near future.

Disclaimer applied.

Kelvin Han
V3Go System Originator