Did You Trade

Good Evening,

We are looking at DOllaryen and Crude Oil to trade lower tonight. Potential 89 and 79 level, respectively.

V3Go Traders do take note.

Disclaimer as usual

V3Go Team

Good Morning Everyone,

In all honesty, I am not looking to go long in any stocks today even though it seem to be the “RIGHT” thing to do now as the market seem to running up 26th of Feb, from a low of 2738 to current 2822. Over the weekend, I was bombarded with questions about my outlook for this week and when I look at the chart, I can only give one advice:

” If I am right, the market cannot go below today’s OP (Opening Price). If yes, I will prefer to be seller than a buyer. “

I have advised my V3Go grads to book profit on their Genting SP since last Friday as there is a strong V3Go Resistance at 91cents. Failure to cross this level by today, will send selling signal on this stock. So traders do take note of the closing price today.

I also just shared with my V3Go grads on the V3Go Skype Conference on DBS:

[9:34:12 AM] 00 KH-Trend Master: DBS

TAOS R/L is S$14.20 and S$14.26.
Failure to cross this 2 levels and close above it = selling pressure.
If ONE really feel like buying, then wait for it at 14.18 today.
Going below 14.14, one can short it instead, based on TSC

After the 25th of Feb strong recover by the Dow, the Index have rallied more than 200points since and seem to be going towards the resistance around 10700s area. But our Indicators are having MIXED signals; not too keen to advise us to go too heavy long at this price as the Risk vs Reward is not worth the trade. One can still go long but should go small or just stay out for the time being. To go short, one should only do that if your RULES allowed you.

For us, the support point for TODAY is 10496. It closed at 10566 on last Friday. So if the Dow actually stay above OP, the next potential level is around 10700s level. If the Dow goes below 10496, then it may re-test 10396.

Last week, during the run up, I shared a stock with my V3Go Grads, and that’s Q&M. Some of us managed to buy it upon my call but it was running too fast for me to update on the blog. I don’t want people to chase after it therefore I decided not to post on the blog.

One last advice for it:

[9:36:04 AM] 00 KH-Trend Master: For those who are longed in Q&M, I would advise you to get out for now.

I will update more as the day progressed.

Cheers!

Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program

Started: 0917hr.
Ended: 1011hr

Good Evening,

Using our V3Go System, the US Crude Future would have to trade above US$80.60 today for further upside.  The potential upside is to US$82.50 area but should it fail then I am expecting is to fall to below US$79/barrel. The chart does look like it is kindof exhausted from the recent run from US$68/barrel level. Take a short term breather should do good for this commodity.

V3Go traders, do take note of the above numbers!

Have a great weekend ahead!

Cheers!

Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program

Started: 2103hr.
Ended: 2114hr

Good Afternoon,

Based on our V3Go System, there are SHORT/SELL signals on SAR (Straits Asia Resources) and Olam.

For SAR, Short Signal is 1.98 while Olam’s is 2.49.

We are not looking at alot of profit but at least we know today is not meant for going long on this 2 shares as long as they stay below the levels we mentioned above.

Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program

Started: 1201hr.
Ended: 1213hr

Good Morning,

This morning once I turned on the computer, emails and skype messages began to flood in and I was really busy with the replies and sorting out my thoughts on today’s selection.

Late last night, I blogged a ‘Refrain from shorting Genting’ call and I am glad that my call was proven right as now Genting is trading with 61mil shares, up 1.5cents. Want to know how I did it? Come for this coming Tuesday, 9th of March 2010: V3Go Preview at 7.30pm.
To RSVP: sales@cronwell.com.sg

If today, it can stay above 86cents, I am looking at it to test back 88.5cents in the near term.

Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program

Started: 1113hr.
Ended: 1148hr

Good Evening,

Based on our V3Go System, the S&P must convincingly go above 1123 tonight, to see more upside. Currently, it is trading around 1121 level.

The support based on our V3Go System, is around 1112 area.  Breaking below this level may see the Index go towards 1101 level.

V3Go S&P Traders do take note of these levels.

 Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program

Started: 2233hr.
Ended: 2241hr

Good Evening,

I mentioned that this stock, Genting SP’s support will be 86.5cents and indeed, we saw that this stock kept being supported at that price for many occassion on the 2nd and 3rd of March (Incredible right? V3Go System can see all these interesting support/resistant levels, on the charts!!)  but today, it gave way and traded below it. Low was 83.5cents.

Based on our V3Go System, the next support is 81.5cents but when I observed its past movement and my V3Go Indicators, I see that despite the selling wave, there is a divergence in the patterns and this could represent some potential support on this stock soon.

So I am going to advise my grads to refrain from shorting this stock further tomorrow, which I know some been doing that, according to the V3Go Rules and made a good profit from it.

So while I am intending to do that for my grads, I think I should also give my insights here to share. Hope everyone who reads the blog can benefit from it.

NOTE: For those who paid for the Genting Signal, please check your email tomorrow morning.

Cheers!

Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program

Started: 2222hr.
Ended: 2228hr

Good Evening,

I just reached home and saw that the Dollaryen does have an indication signal to go long @ 88.60-70 region, using our  V3Go TSC technique. Even the V3Go Indicators are calling for it.  89.12 will be the first resistance for now.

I am looking at it to test 89.90s range for this round.

Cheers!

Event:
9th of March Preview:
Titled: ” V3Go Chief Trainer, Kelvin Han, share on Market & Trader Psychology”
RSVP: sales@cronwell.com.sg ( 50% of the seats are taken!!)
(Full name and contact please)

Emailing List:
Email to sales@cronwell.com.sg (Full name and contact please)

Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program

Started: 2155hr.
Ended: 2212hr