We have just adviced our graduates to lock in their Long positions profit on the Hang Seng Futures and Crude Oil market.
For the HK Future position, we locked in S$1000profit per contract (600points -mini contract)
For the Crude Oil Future positions, we locked in S$700profit per contract (US$2.50dollars profit -mini contract)
That’s a cool S$1700 profit, using a capital of only S$15,000.
More than 10% return overnight!
Proven once again ‘LIVE’, no hindsight. Real Life Trades online.
It is TIME to make the RIGHT DECISION now and become a FUTURES trader and start to make a PASSIVE INCOME from the market with Low Capital Outlay, by going LONG and SHORT in the market. No more ONE-WAY trader. Use our V3Go system to be a REAL Professional Trader!
We will be conducting a Preview at SMU on 1st June 2010, from 6.30pm onwards. Kelvin will showcase, step by step, how one can profit from the Futures and Forex markets using his V3Go System. From Basic to Advance, makes no difference. He will use his 15 years of trading experience to coach individuals to understand:
1. What are Futures down to the simple step of placing orders 2. How to set up and use a Futures Account 3. How to spot the relative and inter-dependant relationships between Forex, Futures and the stock market. 4. How to make S$200/day trading the Euro and Pound Forex currencies based on the Hourly Chart. 5. How to establish market views and direction using the NIKKEI, S&P and Currency markets as a guide. 6. How to prepare your day trading the Futures market. 7. How to be a PROFESSIONAL Trader**
Most importantly, this may be Kelvin’s LAST Program for 2010.
So if you are tired of losing money in the local stock market or tired of its slow movement and wish to move towards a more active market and possibly with the intention of becoming a full-time professional trader, this is the Preview you must attend.
To register for this Preview, contact: Sales@genesismgt.com.sg
Provide us your Full Name, Contact Number and trading experience in the Futures market. (If you have no experience, kindly indicate too. We will equip you).
Register now! See you!!
V3Go Team
** Kelvin been a Professional Trader since the age of 21 thus he will share with you in his V3Go Futures Mentoring Program on how to recover from slumps in trading, how to maintain a positive attitude during trading hours and how to keep trades in mind during market hectic hours. He will pave the way on how One can make your first S$50,000 from trading using a capital of S$20,000 to trade in the Futures and Forex market, using 6months of consistent trading with his V3Go system. He have done it before and he is going to prove to many that he can make YOU do it too!
Let me share with you a real life event about myself more than a decade ago, * * *
My first ever trade in commodities goes back to early 1998 whereby I asked for the most senior trader in the office on the Pork Belly. The fundamentals and technicals were all pointing up; news that more demand of pigs are needed, RSI is still pointing up, above 20days moving average, etc. Mr. Lim, the senior trader told me that he have near 30years of experience in the market and can see the market well. He was around 55 when I met him. Granted that I was excited and wanted to trade and of course make money from my only saving of S$5000. I looked at him as I placed the trade in. He looked confidental.
Market opened and the market did edged up alittle… Suddenly, within 20mins, the market came crashing down and I was not stopped out… the market was LIMIT DOWN instead!!! I lost half of my account in 20-30mins!!!
And when I looked at Mr. Lim, I got a rude shock of his reply…
” No worry.. market is like that… tomorrow come back again and we will win it back..” he smiled and walked into the crowd of traders behind us and started to joke about my maiden trade… I never forget that smile of his till todate.
Tomorrow, I will share with you on my 2nd trade on the Pork Belly….
* * *
WIth that episode, I know that One should always know what to do, how to react whenever one enter into the market. This something I advocate to my grads since I started my 1st V3Go Mentoring Program in Surabaya, Indonesia until todate, my 33rd class in Singapore since 2006.
Recently, one of our trade Live session, we made good money from the Euro Futures and SIMSCI and one grad called me to seek my opinion on the NZ Dollar and when I see the chart, I understood where she is coming from. Its was good selling opportunity.
Here is the trade that we made and if such trading method inspired you and you too, wants to make potential PASSIVE INCOME of S$200 per day from the FOREX market, then you should really Register for my 2hours preview on How to Trade the Futures and Forex Market to make S$200/day.
People are begining to register for this talk and I will be giving all participants a little special ‘gift’ especially if you are already involved in the market.
US Stocks erased most losses by the close Tuesday night, with the Dow ending down just 22 points after having fallen close to 300 points earlier in the session, as worries about the global economy were tempered. In the first hour of trading the Dow fell as much as 292 points to 9,774.48, the lowest level since Nov. 4.
US Stocks had been hit hard through the early afternoon (US timing), but began to recover late in the session, with investors nibbling at bank and select technology and consumer issues. Bank stocks bounced after comments from Barney Frank that one of the more intensely disliked components of the Wall Street reform proposal could end up being cut from the final bill.
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When the STI and regional markets were selling off in the afternoon session (yesterday), the Dow Futures was down 220points or 2%. So inclusive of the day before yesterday’s Dow, of 1% downside, the total damage was 3% and thats why regional asia stock markets were down around 3% yesterday too. But with this recovery by the Dow last night, even though the Dow is still negative 22points, but it will definitely led the asia stock market to a higher opening in the morning.
But the question is whether the market will go up after the it gapped up?
Based on our V3Go system and indicators, most likely, the answer is no.
If we are correct, we will see all regional asia markets opening higher, go up a little and then come down instead. Key things to watch is the S&P Futures, Dollaryen, Euro and the SIMSCI. If the stated markets are trading below the OP of today then most likely we are going to see selling activity once again. This morning, most marekt only gap up 1 – 1.5% as compared to their 3% sell off. If this is the case, that mean traders are really not vesting on the long side of the market for the time being, then its pointless for us to go into the market now.
Once Hang Seng Future opens at 0945hr and it fail to stay above Opening Price by 1030hr and trading below 19000 by then, then its quite clear that we are going to see more selling.
For today, we are shorting the SIMSCI, HK, S&P and TWI Future based on DIFF and OP Rule.
We apologize for our Genting call yesterday, our cut loss level was triggered at 92cents and we were stopped out there. Although it is trading at 94cents now, no regrets. We followed our rule and we are glad that we only lost 2.5cents on this trade and this is the only counter in the top 50active list that is down 0.5% while the rest is down 4-11% on average.
May everyone prosper by shorting in the market or staying out which is not bad choice too. :-)
Asia stocks and the Korean WON plunged to the lowest levels in 10months after a report that North Korean leader KIM Jong LL ordered his military to preparefor combate last week. The Euro continued to weakened and commodities declined on concern of Europe’s debt crisis may spread.
This morning, we expected TWI, STI and HK to recover once they go above OP, but most of them recovered alittle and sold down on stronger market forces by the bears. STI opened at 2694 and did try to go above 2700 but missed the posted level of 2718 and retreated back down to 2666. HK Future opened at 19327, below the posted level of 19360 so selling was expected. It hit a low of 19080 before covering to close for lunch at 19126.
We also called for Genting and it did hit 955cent upon calling it but the selling in the regional market made it came back down to 925 before closing at 935 for lunch. We have shared with our grads… if this stock goes to 92cents, just cut the long that we bought at 94.5cents earlier.
US Crude still trying to find grounds at US$69 level while the Euro trying to find a foothold at 1.23 level.
Dow sold off in the last hour of trading, to close at 3months low as worries about the global economic outlook overshadowed a bigger-than-expected rise in existing home sales.
The Dow Jones industrial average (INDU) lost 126 points, or 1.2%, closing at its lowest point since Feb. 2. The S&P 500 index (SPX) declined 14 points, or 1.3%. The Nasdaq composite (COMP) lost 15 points, or 0.7%.
The housing market report marked a positive start to a busy week for economic news. Investors are looking for evidence that the U.S. economy is holding up despite the turmoil abroad. More housing reports are due later in the week. Readings are also due on durable goods orders, personal income and spending, and consumer sentiment.
Nonetheless, the positive report was countered by continued worries about the European debt crisis. The euro slumped, erasing last week’s gains, following reports that Spain’s central bank took over a long-established regional savings bank.
For today, we expect most markets if not all, to open lower as compared to yesterday’s closing but we are looking at STI, TWI and HK to recover from the opening, based on our V3Go Indicators.
STI must stay above opening price of today and above 2718. As long as the both items meets our criteria, we should be looking to pick some recent battered down stocks especially the CPO stocks as we suspect there could be some big movement on them soon. More details in awhile. The STI closed at 2723.
Hang Seng Future must stay above 19360 today. It closed 19548 yesterday. As long as the market stay above the support level, I am still expecting the market to re-test 19800s level this week.
We are looking at the US Crude to head for a big movement very soon, based on our V3Go Cluster formation pattern. The million dollar question is which direction. Our bet will be UP. The support level should be around US$69 while the potential upside is around US$72 first with a longer target of US$76. It closed at US$70 last night.
Although the Dow closed negative once again, but the 100points reversal does show that there are some buying interest by the market. 10375~10385 is the critical support range for the Dow for the moment. The market really cannot close below 10370… if it does, then we might see further selling to come.
This morning, our buy call on SoundGlobal traded higher and hit 88cents. Congrats to those who bought it on our advice.
Our call on Genting came out wrong but unfortunately, we did mentioned that if the stock price goes below 98cents, one must cut and many did that. Well Done! That’s very discipline of you. Now we wait for the next round to enter again. As long as the story doesn’t change on Genting, we will still enter into it when opportunity arises while keeping our stop loss small so that we can catch the next wave again.
We called on Cosco at 1.57 and it close 1.57 (DH of 1.59) on 18th of May. Next day, it gapped down and based on our TSC channel, we have to cut which we did. We were stopped out at 1.53.
The reason for buying will be the reason for selling if breached. Our NOL buy call was made at around 2.03 but was stopped out at 1.98 as we mentioned that 1.99 is the reason for buying. Apology.
1. Gold slammed down US$30 to go below US1200 as we predicted.
2. Euro now is trading at 1.2350 after hitting 1.22 level that I mentioned. So congrats to all those who made money on these calls.
3. Crude called for buy around US$69.60 on the previous contract, 18th of May. Upon the call, it did rocketed to US$72.52 before coming back down to close at US$69.17.
From the above, it clearly show that we are pretty balanced for this week but it does show the equity is near to rebound soon, from the performances of the Future markets.
I am pretty sure that if the Crude, Oil and Gold continue to move in the direction that I want, the equity markets should recover soon. By then, we will return and make money again.
Dow reversed a 170points deficit to close positive on the recovery of the Euro as the currency hits a 4 year low yesterday which led to some short covering by the market and bargain hunting.
BUT
1. If the STI cannot stay above 2825 today, there could be further profit taking as this level is a critical level based on our V3Go technique.
2. Euro have to stay above 1.2393 for today… if not, the selling may continue… and if the Euro is noted to be the reason for the recovery of the Dow then it is very logical that the Euro cannot falter back. If yes, holding on weak stocks will be a problem.
Watch the US Crude Oil at around US$69.60 today. If the market can firm above this level by today, I am calling for a LONG on this commodity. More details will be release once we see more confirmed signal but shorting will not be recommended at this level.
Watch Gold as we believe we are going to see some profit taking on this uprising commodity as the recent price action on the chart seem to be suggesting that. Currently, it is trading at US$1225 now. I am expecting Gold to go back down to US$1200 by this 2weeks.
For local stocks;
1. Genting can go long as long as it stays above 98cents today. Should it close lower than 98cents, one can consider cutting your long position.
2. Cosco, can go long as it stays above 1.57 today.
3. NOL, as long as it stay above 1.99, one can go small long on it but if you want more assurance, then wait for 2.06 to clear.
Disclaimer applied.
Event Annoucement: We are 85% full for tonight’s event. Please kindly take note that it will start at 6.30pm today at SMU. We will only entertain those who made the effort to email us. Walk in crowd will not be entertain. For those who have registered, you can bring as many trading kakis along, as long as you provide us the name and contact numbers to Sales@genesismgt.com.sg
Some of the Blue Chips are trading above their OP of today and way off from their DL level. Like UOB and DBS
This is a good sign. This is the right way to read the chart than just looking at the NET CHANGE of the day.
One should be looking for LONG entries than Short. Its never wise to short something that is down many days and many people are shorting it because of herd following and instinct.
Judging from the currrency, crude and future fluctuation, i am quite certain that the selling for this round might be over for the time being.. traders should be using this opportunity to do their homework and prepare trading on the long side from tomorrow onwards. No point shorting something that is down for many days.. the risk vs reward is not worth it.
I believe Crude have hit a good level to go long … now trading at US$70 and Gold looks set for profit taking, now at 1237.. I will give more details tonight. Watch SIMSCI if it can close 336.2 and above… a good strong signal for LONG instead.
My 2cent worth of sharing for you to think about it.
There is something interesting that I spotted on the Dow and I wish to share with all…
Look at each selling wave of the Dow Daily chart… (min 500points wave type)…
Before it start to do a technical.. there is a rather consistent pattern…
Tomorrow I will be sharing it on the blog…
Hope we have a repeat of such pattern and all can benefit from it.
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