Did You Trade

Good Morning  My Readers,

By late evening,  I know that our AUD and CHF position will be good as I see the Asian markets tumbling like rocks off the cliff as HK lost more than 3.7% while Singapore 90pts! (http://www.channelnewsasia.com/stories/afp_asiapacific_business/view/1157205/1/.html)

And indeed, by 1030pm, AUD hits below 0.9400 and CHF hits 0.9260!Although my target for CHF was 0.9400 level too but I think this run is enough thus, I gave the advice to my friends who were online with me, on SKYPE and WhatsApps and they closed ALL their position diligently and were happy as compared to the day time.

Of course, during the day, we booked some profit on HK and SIMSCI  as it surged up in the first 60mins but end of the day, we gave back the winnings as the markets slumped. This clearly shows the market is still very bearish in sentiment and with Rumours of Morgan Stanley having the chance of being Lehman Brothers the 2nd… that hits the market hard and fast.

During Lunch yesterday, someone asked me this question:

“Kel, honestly and bluntly, where you think HK will hit first before it can rebound?”“Bro, honestly, HK may have to hit this level….. 16050 area before we can see a Rebound as that’s the 61.8% Retracement level between 2008 Low and 2010 High. With the current level of 16500s…. I am afraid that we may see more bloodbath in the afternoon…. but should the market goes there, I will be interested to look at it again.” I replied…

True enough, the market really took the selling and we saw stops after stops were triggered and HK Future hit a low of 16139 before a recovery towards the end and closed at 16257.

From the above, you can see that I am very honest with calls and our winnings and losses. I am no GOD nor the perfect trader… I do have times that my calls go off tangent but if anyone is ask me what’s the sentiment of the market now…. I can summarize it in 3 sentences…

“If you are Bearish, you will stay Bearish….
If you were Bullish but turned Bearish… its perfectly normal and understandable….
If you are still Bullish then you wait for the right signal to enter again….”

For me, I am in the Category 3…. I am still BULLISH… although I know many have turned Bear after these few days of raid by the Bears…. I am not stubborn but I have weathered such storms many times and I know the repercussion and changes of camps of people during this period… the nearest example is March 2011, the Japan Earthquake or tab further will be 2009 Dow’s bottoming out in March.

Buy LOW, Sell High; is the Holy Grail for Trading and Investing but to buy at Low, is the definitely at the worst of time whereby everyone is selling… it will be tough and very mental challenging… and most important, you may incur losses after losses shall you choose to cut at important/technical level which you think is proper Money Management which I do agree to a certain extent especially one’s pocket is not deep enough.

That’s why before I gave my advice to my friends who decided to short AUD and Long CHF on my advice, I told them that if this trade do come out good.. they will see a fall in their stocks portfolio… there will be 3 possible thing they can do….

1. AUD/CHF Trade goes well but Stocks fall and they will get upset…
2. Take AUD/CHF  Trade and also short stocks but if opposite happens, double Wammy….
3. Take AUD/CHF Trade and ride it down and use the profit to buy stocks at a cheaper price!

People who know me well will understand what I am doing and they know that there is no perfect trade… so they took up the AUD/CHF trade and bought little stocks during this period… and although they saw their stock portfolio coming off.. they know that their Currency Trade is good enough to give them the extra bullets to buy into VALUE stocks later.

I believe Warren Buffet sees the same thing…

With the Dow doing a strong recovery towards the last 45mins, tells alot of the Boys are accumulating at the bottoms while instigating selling at the top. BUT in a Bearish sentiment market, any upside will not last therefore I am not surprised to see SELLING in the first 60mins of the market today.

But if the market can hold the forte and stay above their Opening Price by more than 1% by the end of today, it will be good sign… if not, traders or investors… just do take note that we will need more time to see an upside in the market.

Remember, doing VALUE investing is good BUT Risk and Money Management is more important, don’t it affect your life and family… if you are not sleeping soundly then you know you have over traded… bring it down to a comfort zone and get your life back!

Have a great day ahead!

Disclaimer applied.

Kelvin Han
V3Go Chief Trainer

Good Morning Readers,

You should have read my blog postings and emails by now. Recently, I have sent out a 12 Markets Outlook PDF to all my readers via emails.

It was sent out around 3am that day.

If you have not received it, you can contact Technical@V3Go.com to obtain it.

For today, despite the Dow losing the 179pts overnight, I am searching for VALUE & Good Counters that been sold down on recent ‘profit taking’…

We loaded into Genting SP, Dyna Mac, Golden Agri, Noble and Olam for today… Will be looking at Kep Corp later.

I am watching the SIN Dollar movement for now… a bit of strengthening may see it moving the Equity market a tab higher later.

BUT overall, I am expecting the US Dollar to keep rising against Asia and Emerging markets which WILL bring some SELLING on the Equity market BUT after a while later, when VALUE comes into PLAY and because the DEMAND of the US Dollar, the US Equity markets e.g. Dow and NASDAQ will rise and it will spur back the upside the Asia and the Emerging markets LATER.

Now the Boys are going to collect back as much US Dollar from the market… for the next BIG THING to come.

Of course, it won’t be an overnight thingy as it will be a PROCESS of at least 2-3months from now. 

I repeat – since early this month, while people are sellig….  I became very BULLISH in the US Dollar

Keep the US Dollars is the thing I told almost everyone I met.

Their value will keep rising and this will bring more goodness to the world as it will combat inflation.

Many people cannot see it YET… but I can see it…. I can see the  the Rise of Dollar is going to HIT the market

That’s why I am not too keen to long too much GOLD for now.

But very confident that Dow will hit 13,500

just like when I say GOLD will hit 1850 when it was just 1450.

That type of confidence

Disclaimer

Kelvin Han
V3Go Chief Trainer

Good Evening My Readers,

We are asking all our friends and grads to book profit on our GOLD and Silver positions.

This is a good profit for all. We believe that the USD will return and continue to bring some selling back into the 2 markets again, in the coming future.

This wave of upside is no longer the same one like that one in July to August period.

Disclaimer applied

Kelvin Han
V3Go Chief Trainer

Good Morning Everyone!

While I am nursing from the lack of sleep (my baby boy kept me and wife awake last night; but the feeling is SOLID as I’m tasting Fatherhood for the firsttime…) I saw Dow kept rising from +170 to +200pts… while US Crude kept rising on my Iphone.

I recalled my meeting at Amara Hotel earlier with my trader friends and business associates when we have a friendly side-bet that how much will be the NET-CHANGE of the Dow.  Then it was around 10.30pm, Dow just opened for around 1hour.

Everyone was looking at +90pts or +110pts… thereabouts…

But when I say tonight will be UP a potential of +280pts. . . They were STUNNED andbroke into laughters… mocking and jeering (friendly type)…

I kept to my stand as I told them that, if I am correct, yesterday, we have saw the BOTTOM of the Selling in the Asian Markets for THIS ROUND/CYCLE.

If you have been observing, since early last week, I kept calling for BULLISHNESS in the market but I didn’t state any entry price of our portfolio BUT only yesterday, I shared with the levels that we entered. We been observing and waiting for the RIGHT Moment and Yesterday, we started FIRING in our Ammos.
(http://www.didyoutrade.com/posts/bought-some-hang-seng-futures-17000-some-nikkei-at-8300-simsci-at-303-0-and-gold-at-us1550/)

During the INVEST Fair in Suntec City (August),infront of an audience of more than 400 people, I kept repeating that Warren Buffet will lead the charge and the USD must strengthen than kept printing the Greenback. The printing of it will only resolve the near term issues BUT it will bring a Greater Issue in the time to come and QE1 and QE2 aftermath have shown it all.

Yes, without QE3, it will be a BITTER PILLto swallow and to strengthed the GREENBACK on such economic outlook, it was near impossible… therefore the only WAY-OUT is to get all G-20 members to DUMP out their Currency against the Dollar so that it will combat inflation and also allow US to draw credits without printing. This would bring down the Stock market especially Asian and Emerging markets BUT it will attract VALUE Investment for the Investors who kept their money on the side and also SHAKE-OUT Weak Speculators and Investors.

A strong USD and a stock market that is down will be the PERFECT Combo for a Start of the BULL Market to come SOON!
To me, the 2 HORNS of the BULL is already very visible but it will take a while more to see the HEAD of the Bull…once it come, there will be NO-STOPPING of this Animal as it will tear down the BEAR Street….

And of course, with Berkshire announcing the RARE Share BuyBack; it shows that the GLOBAL Economy is going to RECOVER very soon!!

Why?  Simple… Berkshire Business model is 70% into Retail Business therefore unless Mr. Warren is sure of an US Economy recovery, it won’t make sense to buy back their shares which not only increase the intrinsic value but also indirectly TELLS the whole world that it is SAFE and WORTHY to look back into the US economy.  (http://money.cnn.com/2011/09/26/markets/buffett_berkshire_buyback/index.htm?iid=EL )

Many critics are saying that Warren is lacking of vision, strategic vision, failure to pick companies etc….

I OBJECT! I think these people fail to SEE the Future and I will reserved my opinions on these plausible DOOM trader/investors. They are the ONES who will always be FEEDING to the market by the end of the day.

I am not a Warren Buffet Fan (I am a Jim and Soros Fan)  therefore I am not defending him for his action but I am looking at it from a Macro perspective and it clearly SPELL the Future. Just mark my word, I am confident that US Economy will recover very soon and Dow will hit 13,500 by end of 2011… unless we have UNFORESEEN Incidents from other parts of the world… Last night Dow closed at 11,043… this is just the beginning…SHORT Sellers, Shorting Again today?? Just becareful….This is what I shared with my graduates this morning:

 ——— 

7.45 am Morning Everyone!

Dow Rose 273pts!

90% chance market will gapped up first and market will sell into Rally as players are getting used to the downside and people been making money on the short side so this rally will be something they will use to short but if the market can hang on by the end of the day, e.g. above OP and MLP,there could be a chance that the short sellers might be pushed out of the game and the Bull Camp may just win it

So today is important.

Watch SIN Dollar today… as long as it stays below 1.30 and trades lower (meaning SIN strengthen; you may just see some upside in the local stock market)

I will be sending out 10 different markets chart view via email to all my members in my V3Go Mailing Group by noon today. Last night, my chart software was cranky thus, I didn’t managed to do it. As long as you have been receiving my market outlook, you will get it. If you wish to JOIN this FREE Service, just email to Technical@v3go.com … you can tell your friends about it too.

Sharing is the MOST Powerful Thing… V3Go Does it, why not you? Let’s PAY it FORWARD!

Disclaimer applied.

Kelvin Han
V3Go Chief Trainer
Dow 13,500 By End Dec 2011

Good Afternoon my readers,

I have suggested to some of my close friends and they bought some Index Futures & Options and Gold themselves.

I have shared with them the reasons which I will share with many later via the PDF that I promised to send around midnight.

I strongly holding my belief that we are going to see some Action from tomorrow, 27th of Sep until 11th of October 2011.

This is going to be an increasing interesting timing for many and with the huge volume and activity, one must really take note of the market over the next 2 weeks. If my calculation is correct, we are going to see a nice rebound from tomorrow onwards… maybe 1500pts recovery for HK or STI coming back to 2750 again? (Now HK is at 17100 and STI at 2633)  

We will let the market decide….

Disclaimer applied.

Kelvin Han
V3Go Chief Trainer

By tomorrow,I will be coming out a market outlook report in PDF copy for the next 2-3months.

I was accurate on GOLD BUY Call; which saw it rose from US$1400 to US$1850
Now I know Asia markets will fall…. and I am waiting… Once the Selling hits PAR Value levels… Equities will rise… just be patient for now

I was accurate on GOLD SELL Call; which saw it sold down from US$1920 to US$1607 now

I was accurate on the SILVER Sell Calls; which saw it sold down to US$30 from US$42.

I was accurate on the AUD and USD Movment which we saw AUD goes down below Parity and Dollar Index hitting 79 now.

Disclaimer applied

Kelvin Han
V3Go Chief Trainer

Good Morning My Readers,

This morning, the signals from the Futures market like NIKKEI, SIMSCI, Hang Seng and even the S&P shows some possible technical recovery.

I could be the only trainer in the market expecting a recovery in the general stock market by end of 2011.

Undeniable, the market is BEARISH and the SENTIMENT is bad… I am BULLISH on the FUTURE.

I am getting my graduates to do some longer term investment on some of the shares in the market.

Disclaimer applied.

Kelvin Han
V3Go Chief Trainer

Good Morning my readers,

This is what I shared with my graduates this morning;

” Last Friday, when i see the Dow rose up but Crude goes down… I was edgy and thats why yesterday I didnt call for anything and true enough, we saw the selling in the market. Crude is a very good forward indicator for the stock market. For today, with the Dow down 100pts but as of closing at 4.15pm (SIN Time) yesterday - the S&P was 1190 and at 5.05pm (SIN Time) – the S&P was 1188

Currently, at 8.30am (SIN Time),  it is trading at 1188.  Therefore likely the market will not gap down much later. … If the market stays above OP (Opening Price) , short sellers are not advised to short the market”

I expect market to stay jittery in the early part of the morning before any confirmed movement /direction can come in.

I will be updating everyone as the day progress.

Disclaimer applied.

Kelvin Han
V3Go Chief Trainer

V3Go Sentiment Calculator Result (15th of September 2011) for:

1. DJIA: Bull 12 — Bear 7 (63% — Bull)
2. EURUSD: Bull 9 — Bear 7 (56% — Neutral)
3. GBPUSD: Bull 9 — Bear 9 (50% — Neutral)
4. USDJPY: Bull 0 — Bear 7 (100% — Bear)
5. AUDUSD: Bull 13 — Bear 3 (81% — Bull)
6. LGD: Bull 19 — Bear 3 (86% — Bull)
7. G.CLC1: Bull 10 — Bear 5 (66% — Bull)
8. ESC1: Bull 10 — Bear 5 (66% — Bull)