Did You Trade

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 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,

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 Day Everyone,

Based on our V3Go System, there is a potential chance for the regional markets to trade lower.

Currently, STI is trading at 2772, it should see first support at 2750 first.

Hang Seng Future is trading at 20705, it should see first support at 20436

NIKKEI Future trading at 10150, it should be heading towards support at 10010

Jakarta Stock Index, trading at 2573 now, might be re-testing 2546.

Dow Jones may see some selling tonight and potential may even re-test the  10282 support this week if no strong or positive numbers.

We are still encouraging our V3Go grads to book profit on their long positions and stay out if they are not comfortable OR going SHORT (using CFDs) on the Local banks, property counters and CPO stocks. We also encouraging them to SHORT the SIMSCI. ( Singapore Futures)

Nothing is 100% but since the ODDS are on our side, we believe this is going to be a good trade. Stop loss levels are advised.

May all make good money!!

Disclaimer apply as usual.

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: 1358hr.
Ended: 1433hr

Good Morning,

Many people have register for our mailing list after seeing our advertisement on it. Thank you for your trust and encouraging words on those emails. We will do our best and give good market direction to our best ability.

To join our emailing list : sales@cronwell.com.sg  and provide full name and contact number. We will not accept shall the details are not provided. Please kindly take note of that. Thank you.

We are receiving good number of people registering for the 9th of March Preview, and our seats are really limited, therefore please kindly register with us at sales@cronwell.com.sg so that we can ensure you have your seat for that night. You may bring as many friends as you like as long as you register with us, with full name and contact numbers. Thank you.

For today market direction,

I am still staying bearish for thetime being as I see many uncertainty and unbalance on the currency and commodities market.

Today I am looking to long the Pound after it was sold down recently. But using our V3Go Currency System, today Pound is a TECHNICAL LONG; meaning one can buy for 50-100pips profit target from 1.4976.  It may even challenge 1.5180 level shall it can maintain its upside for the next 2-3days. Now trading at 1.5050 level.  Support at around 1.4950 level.

For the regional stock market, these are comments to my grads online;

[10:05:02 AM | Edited 10:05:31 AM]
Once STI is also below OP, Market is coming Down based UT TSC with a negative ROC.
[10:05:25 AM | Edited 10:05:31 AM] 00 KH-Trend Master: One short HK or buy PW
[10:09:43 AM | Edited 10:09:46 AM] 00 KH-Trend Master: All grads, take note on the STI chart.

(1) The STI opened outside the UT TSC therefore this is the first signal that the market is not able to continue its upside trend

(2) It regained composure and rallied to go into the TSC which the IP is around 2780.

(3)There is DIFF R/L at 2782 and the STI index tested it and hit a current high of 2786.

(4) Now its back down to below OP, meaning it have tried to go up but cannot, faced resistance and sell down. This the classical sell signal in V3Go context thus traders are to take note and watch the OP; as if the market cannot recover above it, then i am pretty sure that there will be a correctional move down back to 2749 level. So kindly pay attention to the above numbers and hope you benefit from it. Cheers!

I am bearish on the 3 local banks today, especially DBS as there are 2 key resistance at $14.26 and $14.20. Failing to break above these 2 numbers, should see it trading back to down to near S$14.00 range.

Crude Oil recovered yesterday but still trading below the all important psychological barrier of US$80/barrel. There is a V3Go TAOS resistance which was tested and failed to close above. This could mean that the Crude Oil price may come down again. My advice, temporarily stay out from CPO stocks for the time being.

All the above analysis are based on the knowledge imparted via our V3Go System, which can work effectively & efficiently on Stocks, Index Futures, Currency and Commodities.

To know more, do register for this coming 9th of March 2010 V3Go Mentoring Program Preview. See you all! RSVP: sales@cronwell.com.sg

Disclaimer apply as usual.

Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program

Started: 1022hr.
Ended: 1101hr

Good Morning,

By 3pm yesterday, as long as you are in our mailing list or have read the blog,  you should have notice that we are looking at Genting SP to find support at 86.5cents, using our V3Go System. This stock been trading actively, with around averge 130million shares, daily, since 22nd of Feb 2010. With such heavy volume, it is going to work for both sides of the market.

To be on our mailing list, please email us at sales@cronwell.com.sg  It is a FREE Service for the time being.

Yesterday it was hovering at around 90-91cents levels. Today, it seem to lose the 90cents region and most likely going to test 86.5cents soon.

At the moment, we are asking people who shorted Genting or intending to long Genting, to pay more attention when 86.5cents is trade. This is a critical support level. If the stock cannot hold this level, the next level could be all the way down to 81.5cents.

My latest update to my fellow grads:

[10:26:18 AM] 00 KH-Trend Master: HK recovered to OP then come back down and this time brought NIKKEI and SIMSCI even lower to new DL levels, I really recommend traders to stay OUT from the LONG SIDE

Disclaimer apply as usual.

Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program

Started: 1043hr.
Ended: 1052hr

Good Morning,

Yanlord is a good long candidate based on our V3Go Rules. Some brokering houses also upgraded this stock price.

Our V3Go System says that as long as it can stay above 1.77 and goes above 1.79, one can go long. One should book profit at it trade to 1.84 and 1.89 level.

Disclaimer as usual.

V3Go Team

Good Morning,

For the last 2 days, the V3Go Team were truely busy with our graduates as we conducted 2 Trade ‘Live’ sessions over 2 consecutive days. On Tuesday we did stocks ‘live’ trading. On Wednesday, we did Futures ‘Live’ trading. Thus we didnt have the time to do our blogging yesterday.  

For both days, we made money! Congrats to all the V3Go Graduates who attended and made money from the session. We would love to see more V3Go grads coming joining us in the next session.

We will reveal the entries of those stocks/market we traded on, via charts, later.

For today, based on our V3Go system, we have the V3Go BC and SC intersecting another therefore this signal equates to ‘wipe-saw’ effect initially. Traders do take note there will be Up-Down today. To enter buy mode, the STI must trade above the OP of today which is 2774.09. As long as it stay below this level for today, one shouldn’t go too strong on their buying of shares. There is a support around 2755 thus, if the market can close above it today, the market may challenge the 2794 resistance again.

For stock selections, we are looking at PSL, YZJ and Genting for today.

PSL, can only buy if it stays above OP (Opening Price) of today.

YZJ, can only buy if it stays above OP of today

Genting, there is an artificial support at 94cents. This stock must stay above this level, if not, there will be selling.

Shanghai Index broke our V3Go TAOS resistanc at 3018 yesterday therefore, there is a potential for this Index to hit 3150 in the next 1-2months time. Currently, the Index is tradinga t 3045 level.

Disclaimer as usual

V3Go Team