Did You Trade

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Yesterday, was long in Noble. Then towards closing, it was sold down to 1.35, broker called and we agree to cut 40% away at 1.36. Then the closing was 1.375… I know the news will be rather okay.

This morning, opened at 1.38… I know the short sellers will be in trouble and bought back the sold qty and more. True enough, breaking 1.40… short sellers all came in to cover back their position

Another great story about following the RULES… (lower high theory)

Good Morning Readers,

While we kept our shorts in the regional markets and on US Crude Oil, we bought into some recently battered counters like Noble and Wilmar at $1.39 and $5.07 while increasing our stake in Genting SP at $1.59.

We are still pretty confident to see a correctional move down in the general market but we cannot deny the strength of the buying market therefore we decided to adopt a hedging strategy so we can enjoy the fruits of the 2 camps.

Based on V3Go System, the STI hits an intermediate cycle over-sold situation therefore a TECHNICAL BOUNCE TODAY is widely expected. Many counters were sold down in the last 45mins yesterday. Likely we might see the opposite happening towards closing.

We expect the STI to go back to 2980s level (Current at 2955) but not expecting more than this.

Kelvin Han
V3Go Chief Trainer

Dear all

I am not comfortable with the market movement

HK rallied 200pts but STI hardly moved…

And many counters are trading below their DH by quite a bit…

This is not a good sign… kindly go slow….

If HK closed below 21300 today, the selling should be confirmed

V3GoI Sentiment Calculator Today for:

1. EURUSD: (52% — Neutral)
2. GBPUSD: (68% — Bull)
3. USDJPY: (61% — Bull)
4. AUDUSD: (82% — Bull)
5. USDCHF: (64% — Bear)
6. LGD: (75% — Bull)
7. G.CLC1: (80% — Bull)
8. ESC1: (86% — Bull)

A Service from V3Go Team
Disclaimer Applied

Good Afternoon,

Since yesterday, people have been discussing about our V3Go Premium SMS service (for graduates only) as it quoted that V3Go Graduate Team is buying into recent curb stock like yOma as it shows a beautiful V3Go Set Up.

Many traders benefited from it as now it trading higher now.

Next trade in our radar is Genting SP.

Well Done Graduates.

ps: If you want to get our  SMS  service or wish to know more about it, kindly contact us at Sales@v3go.com or Ben at 9270 8681…

Good Morning Readers,

V3Go Graduate Team did their analysis on the Hong Kong market.

HK Future is V3Go TAOS Resisted around 21490

If HK breaks below V3Go TAOS Support around 21370

The market to hit 21220 might be inevitable.

V3Go Graduate Team shorted more HK Futures at 21440s
Currently trading at 21402

V3GoI Sentiment Calculator Today for:

1. EURUSD: (58% — Neutral)
2. GBPUSD: (62% — Bull)
3. USDJPY: (60% — Bull)
4. AUDUSD: (77% — Bull)
5. USDCHF: (61% — Bear)
6. LGD: (75% — Bull)
7. G.CLC1: (75% — Bull)
8. ESC1: (83% — Bull)

A Service from V3Go Team
Disclaimer Applied

Good Morning Readers,

V3Go Graduate Team continued their shorting other indirectly related counters like STX OSV and Sakari as we believe this is just the beginning.

 They are looking at Noble to go below $1.40, Wilmar to touch $5.05, Olam to see support below $2.30, Genting to return to $1.58 level etc.

 But the most important thing is that they believe S&P, HK and SIMSCI are going to test 1307, 20500, 333.0 in the coming 2 weeks from today.

The current prices are 1356, 21420 and 345.0 respectively.

Most stocks are likely to drop another 5-8% from the current prices and by that time, it would be a good time to buy on bargains for the next leap!

Hopefully, by that time, you would be ready to buy alongside with us!

Kelvin Han
V3Go Chief Trainer

*No Hindsight.. Right Means Right… Wrong Means Wrong… We Coach Real Traders”

Good Afternoon Readers,

Wilmar broke below the $5.30 mark and likely to test $5.10 figure, over the next few days.

If one is to super-imposed Wilmar onto Noble daily chart, you will roughly know why we are not calling for buy on Wilmar just yet.

For Genting, we understand the result is also coming out but based on the current chart pattern and price action plus global outlook, we are NOT KEEN yet. This counter do have the potential to hit $1.64 in the near term (as of writing, its trading at 1.665). A closing below $1.66 today may see this counter heading towards $1.59 in the coming days.

Not recommending shorting but also not for buying for now.

Caveat Emptor.

Kelvin Han
V3Go Chief Trainer

Good Morning Readers,

Upon the Greece’s bailout plan announcement, the market shot up on the positive news but clearly, short sellers were in action as selling kept piling up in the market while ‘innocent’ retails entered the market on the news.

We kept WARNING traders to be extra careful as we saw the opposite flow of traffic upon the good news. This is the typical buy on expectation and sell on news strategy.

We are glad that our V3Go Graduates heed our calls and head for the exit door. Some even followed us in shorting the markets.

Based on my understanding of the market, we may really see a potential 1000points reversal of the Hong Kong market that closed at 21428 yesterday while STI may return back to 2900 level.

When? Most probably by end of next week. The brief touch of the Dow at 13,000 last night before closing below it, was the last jig-saw piece to complete this rally.

As of writing, HK and STI are both trading at 21390 and 3005 (1010hr)

Kelvin Han
V3Go Chief Trainer

NOTE: Tonight’s Talk is Full. We are really sorry that we cannot accomodate more people due to our limited capacity.
Yes, this is our last talk for Feb. Our Next Talk is on the 7th of March 2012 on a different topic.