After a good ride on the Euro, today, we are looking to establish a SMALL Position on the NZD trade. We are Shorting it but please
do not expect the same ride like the Euro as this currency is currently still in bullish tone but just that we felt this currency is deem to be coming off alittle soon. Hope everyone would make some pocket money from this trade.

This is Kelvin Han, V3Go System Originator, signing off, cheers!  

Disclaimer applied

Dow rammed up another 100pts and SIN Dollar breaks 1.36 ground, a level not since July 2008!

Naturally, the first thought is go into the market to do more buying and hoping to sell higher later but 13years of trading experience tells me that HOPING for something doesn’t really pay or helps in the financial market. Its all about ODDS that separate the WINNER and the LOSER and I’m determined to be the former, as many times as possible.

If anyone look at the STI chart today, it is doing a 3-4mths high but if you put it side by side with the Bank counters, you will see that the PATTERN doesn’t really inter-relate. And when I checked the selling wave in City Dev over the last 2days and also failing to set a new high above S$12.08 ( the high created on 1st of May) tells me that I have to becareful.

Hang Seng opened above 21,000 level (as forecasted) but quickly sold down to below the level, closing at 20837 for the Futures. Today despite the Dow hitting above 10,500, the HK market cannot even go past the resistance at 20970. (at least of my writing now at 1030hr) clearly shows that one need to be very careful on the long side.

I have gave and shared some gentle reminders and some thoughts with my fellow graduates on SKYPE that I am booking out from the market now and its good to join along. I think this current upside trend is near its last lag for the time being, it is time to take from the table and sit and wait or do some small shorting.

Many people on the forum are trying to go into the market today, from the way, they are writing (of course, they might be just TCSS only) because they felt that the price keep creeping higher but they are not involved thus it seem rather ’stupid’ not to be involve….but if thats the true then its where I always share with people of my 4 trading philosopy of mine.

” If everyone is expecting the market to go higher, thus everyone buy and did a transaction .. but yet the price is not moving… clearly spell trouble because the other key part to make a transaction complete is someone must sell. If the buyer have expectation but yet the market doesn’t give that then.. by the end of the day, the chain reaction will be disappointment next to come”

I hate being disappointed although I love to sell at absolute high but once again, 13years of experiences tells me that it is not possible and more importantly, follow my rules to trade. As long as make money, one should be contented and await for the next round. Once Euro hits 1.3028, I am billing out from this currency too and will rest and re-look again.

May everyone have a great trading day ahead.

This is Kelvin Han, V3Go System Originator, signing off, cheers! 

Disclaimer applied.

We booked profit last night and today, we are going in again.

Cheers!

Disclaimer applied.

Kelvin Han
V3Go System Originator

2hours have passed and its very clear that traders are getting out from the market than going in despite the 200pts overnight rally by the Dow. Although it seem like a great opportunity/reason to long stocks today BUT if anyone was around to see the activity of the Forex to the Futures market from 2pm yesterday, you should know that you have missed the boat yesterday. Here is an excerpts of what I shared with my grads this morning;

Reason for the Upside of the US Market:
Stocks shot out of the gate Thursday, with the Dow up more than 100 points, after the latest batch of earnings gave investors some cause for optimism. UPS, Caterpillar and Microsoft were among the early gainers. Travelers fell.

This the reason for the upside of the Dow but way in the Asian markets yesterday, we already know that there could be upside coming when we saw the Euro and Dollaryen surgiing and follow with the stocks recovering from 2pm onwards So now, while everyone NOW know that the Dow rose 200pts and start to chase into stocks today,.. we are going to sell to them for profit..

So from here, it clearly shows that V3Go System does have the capability to know ahead of the market and for us, who are trained with the methods, will always be moving in first. Congrats to those who made profit.

For today, I am looking to book profit than going long for the weekend.

[11:07:28 AM] 00 KH-Trend Master: those who long yesterday will be quick to take profit while those who missed the boat
are just waiting to long again. For those who missed the boat, then this is yet another great moment to recollect why you missed the boat yesterday.

I am glad that many grads are beginning to see the importance of entering into the market when people are seemingly getting out. We are not contrarian but we know that the markets were selling over the last 2-3days and we were just waiting..

Just like the Lions on the Africa plains, waiting and waiting, for the right moment to pounce on the preys when the time arise.

When the overall market is moving upwards, thats where one should know that the time have come… and for those who bought, are enjoying the fruits of the wait…

But for those who waited and now see the Dow is up 200pts and finally feel comfortable.. will most likely enter at the high and scratch their head when they start to see the stock prices coming down from their highs…

[11:11:04 AM] 00 KH-Trend Master: Dollaryen went above the TSC but return back within the DT TSC
This is not good.  Thus if the dollaryen continue to fall, most probably, we are going to see NIKKEI coming off later and this could lead to the rest following suite

[11:19:39 AM] 00 KH-Trend Master: Sharing a thought

“Kel, i donated 100plus to peter lim…will join him next time to get it bk”

[11:16:30 AM] 00 KH-Trend Master: i told you before. for stocks like wilmar. dun short it. too well controlled and if you look back on the history of the price action and our technique, you can see that it work better if we long than short

[11:16:46 AM] 00 KH-Trend Master: So rather than fighting the trend,  we go with the trend

[11:18:46 AM] 00 KH-Trend Master: rem the story that i mentioned before

When I show a group of traders my trading results of 2 currency

Pound trades = give a 85% accuracy

Euro trades = gives a 70% accuracy

Many pple will ask me, what can we do to increase the Euro winning percentage??

My answer: Why bother about Euro then? Put your money into the Pound trades instead!

——————–

I hope you can see how pragmatic is our approach towards trading using our V3Go tools. We cannot boost that our system is the best because we don’t believe in there is a Holy Grail in trading/investment because even Warren Buffett have bought Buffulo News for 2 years before he made a single dime from his investment. It even went down by 50% of the price he bought! Quite incredible for the World Best Investor right?

But I think for those who been following my blog since 2006, you should know that most of our calls have been reasonably okay. Yes, we do have calls that turn negative occassionally too but I am glad the percentage seem favourable towards the positive side of things.

V3Go System is a system that I created, using the experiences of the past 13years of my trading career. It have been modified along the way and evolved to a near solid system for traders to use it for short and long term trades.

With that, I am shorting the Dollaryen now as it seem that the upside looks limited for today and this could lead to the signal for profit taking in the stock market in the afternoon. Traders are expected to stay caution to the wind.

For those who longed yesterday, like Noble, Olam, Cosco  etc.. its time lock in profit.  For Genting, I suggest keeping it under CFD and let it move on its own. The recent price action clearly shows that this stock is on the verge to hit S$1.25 in the near term. ( Targetting within 2 weeks)

Have a great day ahead!

Cheers!

Disclaimer applied

Kelvin Han
V3Go System Originator

We are going into LONG on the Euro but small position as we believe tonight will see some recovery but doubt the upside is going to be alot.

Cheers!

Disclaimer applied

Kelvin Han
V3Go System Originator

After monitoring the screen for the entire day, finally, we saw some action on the forex market. The initial downside of the Euro and Dollaryen and the current rebound tells us that the downside is limited.

Look at the Sing dollar and the STI movement.. its telling us that the downside is really limited.

We have covered all our banks shorts  and adding more long positions on the stock side. More Genting and include Cosco. Targetting to see 1.61 tomorrow?

Covered our Euro shorts too.

Have a great trading day.

Disclaimer applied

Kelvin Han
V3Go System Originator

Over the last 3days, we been doing a lot of trading and investing. Here are the updates of our positions 

For Stocks:

We are currently short on OCBC and DBS.  We are targetting at least 10-20cents profit margin..  (Congrats to the OCBC short sellers)

We are long in Genting. We looking it to hit S$1.35 by end of Sep.. (For long term investment)

We are small long in Noble and Olam. Targeting to see them hitting $1.77 and $2.77. (Go small)

We are looking to long into Property stocks in the next round as I strongly believe that Property prices is going to hit new high again by 4Q of 2010.  STI have the potential to crack above the 3,000 mark by early next month. The SingDOllar is very strong.  

For Forex:

We are still short on the Euro and long the Dollaryen. (We cut lost on the Euro when it rose above 1.2950 on the 19th of July but re-shorted again on the 20th of July)

For Future :

We have covered our NIKKEI shorts but shorted the Taiwan and SIMSCI Futures based on . Looking to cover back tomorrow.

We are looking to short the S&P later.

—————-

Have everyone make alot of money in the market today and tomorrow.  $$$

Cheers!

Disclaimer applied

Kelvin Han
V3Go System Originator

We are shorting the Euro Currency. Here is the reason.