Did You Trade

Good Morning Readers,

I am hearing this from the folks off the floor…

” Kel,  check with you. There are news that big funds are exiting sg and asia. how would this be affecting the market? Where would the fund be targetting next? And seem that everytime the market is up, there are more people taking profit than pushing the stocks up. Should we follow and short the crude sector?”

My reply:

“Have you heard about the boy who cried wolf? If pple keep saying that market will SELL after it goes up… and it did happeend for 2 times in a row… what will happened on the 3rd time?”

“If my calculation doesn’t fail me, we should be sighting HK to break above 21,000 soon and test the first resistance at 21,140s while Shanghai to test 2400. Currently, both of them are trading at 20,800 and 2366 respectively.

Of course, the STI to test 16th of March’s high of 3035. NIKKEI may return to 10,000. (now 3006 and 9650 respectively)”

V3Go Grads Team used the capital from Futures side and bought in more counters. Recently, they lost money on Bio Sensor, China MZ, Civmec, Cordlife and Iev.

Over this 2 days, they bought in Yoma, China Fashion, Iev, Ezion, Genting, UPP and Interra, on top of other counters they bought since last week.

Total portfolio value have risen to nearly S$2mln.

Kelvin Han
V3Go Academy Chief Trainer

Morning to everyone

Congrats to those who longed the HK, SIMSCI, US Crude and S&P with us.

We are looking to book partial profit once HK opens later.

Based on the V3Go System, likely we are going to see initial profit taking first.

So we are not going to encourage players to chase on opening…

Let the market “relax first” and let the short sellers comes in….

once the market find enough reason and strength, they will return in kind
and flush all the short sellers…

So go slow and wait…for your turn.

Good Evening,

At around 14400hr (Sin Time), we saw the S&P breaking down towards our V3Go TAOS Support Level and by 1510hr, it was triggered and the market rebounded strongly from there. Now the market is trading at 1371 (1700hr)

Here is the seletected transcript of what we shared during the day, on our V3Go Grads Only Skype Conference

==============================

[2:55:00 PM] 00 KH-Trend Master: S&P Tested V3Go TAOS and rebounded. Traders who are short, may want to take note and set trailing stops

[3:09:48 PM] 00 KH-Trend Master: Quite a few stocks got hit down at 3pm (the common force selling period) and rebounded. We are now watching and selecting our picks.

[3:16:57 PM] 00 KH-Trend Master: HK recovered 100pts from DL

[3:19:06 PM] 00 KH-Trend Master: < Short Sellers > Be careful.  this buying up is fast and sharp.  If you are shorting, ensure you trailing stops!

[3:29:29 PM] 00 KH-Trend Master: Traders who are short, may want to take note and set trailing stops S&P tested V3o TAOS support level and rebounded.

Traders must start to watch.

[3:36:45 PM] 00 KH-Trend Master: < V3Go Grads Team increased their position in Yoma at 60.5 and CF at 7cts >

[3:47:23 PM] 00 KH-Trend Master: HK has recovered more than 150pts from the DL after China market closed. This is rather positive. If STI closed above 2981 today, we might see a possible technical rebound in the near term. Now STI is at 2977.

[3:59:02 PM] 00 KH-Trend Master: HK is near to closing flat for the day after being down more than 200pts earlier…

This is how we ensure our V3Go Grads get the best from us… LIVE and No Hindsight….
To know more about us; Sales@v3go.com (contact Ben)

Good Afternoon Readers,

Panic and Fear romped the market this morning and mid afternoon as STI and HK lost 1%….

Honestly, this amount is considered normal volatility but because the market been enjoying a good run recently… the sentiment has became too positive
to accept any negative setback.

In matter of fact, many traders are caught from 3rd of April and saw their portfolio dwelled down to 11th of April…. STI lost nearly 100pts during this period, closed at 2946…

From 12th of April, the market staged a rebound and interestingly, after briefly touching 3005, it ended at 2987.  Many traders held on to their positions.

Yesterday, market gapped down at 2970 and recovered all the way, to close positive…. Many traders thought that they are going to see light in the tunnel….

but this morning, STI gapped up and sold down from the opening bell… this caused many traders to gave up as many “common technical support levels” were tear down and broker and Gurus gave cut loss advices… peppered with negative news from the Media… during the day….

Then from 3pm… out of the blue, the buy order comes in waves and both Equity and Futures rallied with heavy volume (taken from the offer) and price rose!
Short sellers are caught off guard and retail buyers felt relieved as their cut loss order get done….

The entire process, based on my experience, is known to be “White Washing of The Weak Hands“…..

Tomorrow’s market is going to be very interesting to watch…. if STI can trade above 2993 tomorrow, we are looking at STI to challenge 3050 in the near term.
Now STI need to close above 2983. Now at 2977.

Kelvin Han
V3Go Academy Chief Trainer

Good Morning Readers,

Based on our V3Go System, we are looking at the current HK market (trading at 20550 now) to recover back to 21,150 level in the coming 1-2 weeks time.

We strongly believe the Chinese market; Shanghai Index, has bottomed out and the fundamentals are pointing at a strong recovery in the time to come.

Good S Chips counters should be taken noticed.

Kelvin Han
V3Go Academy Chief Trainer
(1040hr)

Good Morning Readers,

For those who like to use Fibonacci counting, here is one thing to note on our STI today:

This wave up 11th of April to 13th of April 2012; the 61.8% retracement is around 2969

This morning, the STI opened at 2970 and hit a low of 2969 and now back to 2973.

Based on the SIMSCI trading; it opened at 338.80, down rather marginally as compared to the S&P that was
trading at 1379 on last Friday and currently trading at 1361.50.

From the above, I suspect and is leaning on a possible recovery in the overall market later and my bet is that; the catalyst will be from China market who announced its willing to widen their trading band of the Yuan.

An open monetary policy with a low PE stock market plus increment growth will usually be a perfect cocktail of a big stock market rally of that country.

This is not for short term but a long term direction which I believe, savvy investors will agree and take their time to digest and make good use of the above information.

V3Go Grad Team is looking at the following for today;

Stocks will gapped down first…..

then it will sell down on fast price action as there are no bids at the bottom

then IF the counter(s) is going to be push up by MM (Market Makers)

you will see a lot of trading with huge qqty and the lower end of the trading range

But 11am to 12nn, if your counters are good to go… they will likely start to trade to their intraday high by then… and the volume will
likely be same or higher than Friday’s one. The likely bigger movement will come in tomorrow.

Nothing is 100% but at least now, you have a trading guide and plausible direction to look towards.

Cheers!

Kelvin Han
V3Go Academy Chief Trainer

Good Evening Readers,

We were very busy today as we have the absolute fun in picking levels that we want to buy for our portfolio.

In total, we have bought in nearly $1.1million worth of stocks from the market and likely to increase it if the market condition stablized.

Many people still cannot see where this wave is going to go but to us, reading the chart from Right to Left instead, the direction is actually very clear.

Since 7th of March 2012, the market bottomed out at 2906 (STI Index) and within 8 trading days, the market touched 3035.  Many traders missed this run
and only chase after it, after it cleared the 3000 mark.

Profit taking sets in and it hit a cycle low of 2974.50 and closed there… many traders gave up and started to curse and swore at the market.

Next day, the STI closed up 44pts and hit a high of 3033 on the 3rd of April 2012. Traders again reload their porfolio and of course, the market started to
fall once again…

Today, the closing is at 2946… at the Day Low once again… Traders are showing signs of giving up… yet again…

What is your take?

For me, I prefer to know what the traders are doing… as they are the best indicator of the market.

Kelvin Han
V3Go Academy Chief Trainer

Dear Readers,
Dow lost 124pts overnight which many would start to panic

But kindly note the following 5 points (I made it simple for understanding)

1. Last night was the 2nd day of downside but the last 2hours the market recovered from the low by more than 50pts

2. The STI have already fallen before the Dow sold down therefore the market already in “discount”

3. Watch SIMSCI, it hardly moved from yesterday’s closing, meaning that what I am saying in (2) make sense

4. Today China market will be back from the holiday and I believe we can see some positive movement from

it after its recent sell off which make it, attractive again for some bargain hunting.

5. Fundamental side, I believe the ADP numbers from US has paved some light towards the rest of the data

especially tonight Jobless Claim and tomorrow’s Non Farm Payroll.

I am expecting reasonable number

BTW: To me, having QE3 is a signal that the market is WEAK…. and more liquidity must be pumped in…

this is NOT good for the economy… it’s like borrowing on credit with interest to pay…

Therefore the selling is not short of an excuse to book profit than anything else.

One should be happy that there is NO QE3 measurement from the Fed and should take this as a

positive sign that the world economy is recovering and only when things goes wrong, then use

QE3 as a reserve ammo instead.

V3Go Graduate Team is looking for buying than selling/shorting today.
We bought Yoma at 51cts and more Cordlife at 71cts

We also bought into HK Futures at 20400s.