On the 9th of March, Tuesday, V3Go Chief Trainer, Mr. Kelvin Han, will be sharing one of the favourite topic that many would be interested to know more and that will be Market and Trader/Investor Psychology. He will be covering on how Mr./Mrs Market really work and how a Trader or Investor should really think before trading/investing in the market. He will also showcase the importance of knowing the general big picture view before trading/investing. He will also be covering on how Big Boys can play with the numbers on your Bid/Ask screen. He will be showing you little tricks/insights that you can use for your own trading!!
With more than 10years of trading and training experiences, coaching more than 3000 avid traders around South East Asia since 1999, this is going to be a real big eye opener for those who are deciding to join into the market as traders or investors. He will also share how he used his knowledge from different charts, to transform the trading patterns and ideas into a powerful trading system. The system is known as V3Go Mentoring Program, which have attracted hundreds of graduates since 2007.
With limited seats for this event, it will be based on First Come, First Serve Basis.
Email us at sales@cronwell.com.sg with your full name and contact number. A confirmation email reply will be send back to you upon successful registration. You can bring as many friends as possible for this information packed session as long as you inform us. It is a FREE Event.
For some traders, the Tiger Year was not as good as the stocks that they bought didn’t perform to their expectation. Many traders were frightened off when the entire world market sold down on the recent Eurozone debt fear issue. But we see it as an opportunity instead.
On the same relative, for our V3Go Grads, the Tiger Year seem to be nice to them as they followed what they learnt in V3Go Program and bought into Noble, Ezra, Yanlord, MIDAS and even Olam and Hang Seng call warrants on their own and profited from them. Congrats!!
This clearly displayed the need to have the right tools for trading. No system is 100% and definitely V3Go system isn’t one too… but evidently, it have displayed a good amount of good calls recentlywhile the market chose to stay sidelined or skeptical.
At the moment, my advice to my grads is to stay on the side in terms of buying into new positions. This is the time to unload slowlyinto strength than jumping onto the bandwagon like the rest. Again, with this call, I may upset many people who are non-V3Go trained but our V3Go Grads will know why as the upside ROC of many stocks are thinning off.
Want to know more about our V3Go technique and system? Register for our V3Go ExPRESS now at sales@cronwell.com.sg
We have limited seats for this event therefore first come, first serve.
The Chinese have just welcomed the ” Metal Tiger” into the Lunar New Year for 2010. Some say this year is good whileas some say it is bad. To us, no matter good or bad, the V3Go Team wishes everyone; Prosperity, Good Health and Longevity… everyone.. HUAT AH!!!
Chinese New Year,Lunar New Year, or Spring Festival is the most important of the traditional Chinese holidays. It is commonly called “Lunar New Year”, because it is based on the lunisolarChinese calendar. The festival traditionally begins on the first day of the first month (Chinese: 正月; pinyin: zhēng yuè) in the Chinese calendar and ends on the 15th; this day is called Lantern Festival. Chinese New Year’s Eve is known as chú xī. It literally means “Year-pass Eve”.
Chinese New Year is the longest and most important festivity in the Chinese Lunar Calendar. The origin of Chinese New Year is itself centuries old and gains significance because of several myths and traditions. Ancient Chinese New Year is a reflection on how the people behaved and what they believed in the most. To read up more: http://en.wikipedia.org/wiki/Chinese_New_Year
Last night, after returning home from our 31st V3Go Mentoring Program, I received a call from my dad and was notified that my aunt and her daughters were involved in a car accident. Immediately, my parents and I rushed down to the location and saw the pretty messed up scene.
We rushed down to the hospital to check on them and can saw my cousins were still in shock while my aunty in the observation ward. When I find out more details from one of cousin, it was then I found out that it was due to the indecisive taxi driver that caused the accident.
Because of his moment of folly on the road, he caused so much problem, worry for everyone. I really hope that he will learnt his lesson from here. I will pray for my aunt speedy recovery for now.
Being decisive is the key element to success to many things in life and that include during work, relationship, love and friendship etc..
For trading, it’s the same, especially in the context of V3Go teaching. Using our V3Go technique, the STI have a Resistant Level of 2743 to watch today. With the Dow reversing a 120points gains to close negative, I doubt the Index will open higher. Most likely, it should open around 2730 level. The support level for today is 2706. But if the market can really go above 2743 today, then watch 2752 as the next resistant level.
Based on the chart formation and our V3Go teaching, its a cluster formation of 2 SHP therefore expect initial volatility in the market today.
Should the market stays below the OP of today, I suggest traders to hold back their buying first.
I will provide more information as the day goes by.
Have a great trading day ahead! Make more money!!
Disclaimer apply as usual.
Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program
After the morning posting yesterday, I was out busy as my terminally-ill granddad needs my presence, to assist him during his checkup, diagnostic, blood-test, x-rays etc at SGH. He fragile body moves with pain whenever he sit up and walk around. My heart really ached and occasional drops of tears will just pop out around the side of my eyes. He is the one granddad that really make me proud, a role model, as despite having so much worry for me (he worry for me most…) and my family and knowing that his time is limited in this world, he continued to display a strong front infront of me while only tearing whenever he is alone with my grandmother. (she told me on the side whenever we are alone).
He is so strong. He got this character and charisma in him that I can only say that I am only 10% of it. (I’m tearing as I writing this now… ;-( ) He is very close to me because I am the first grandson of his first son. He really treat me, like what the Chinese says, first grandson as the last son. I can still remember how he protected, love me when I was young…. He is so important to me… I talked to him more than my dad in the matter of fact… I really don’t want him to go on such a note….
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.
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…
Yesterday, while attending to his needs, SMSs and calls kept flooding in as the market turned from positive to negative and obviously, my forum threads on CNA was ’ RISING’ with great numbers.Even a close friend of mine asked me to stop calling for long and maybe concentrate on the shorts instead. Another one say that my reputation is at stake now…
I shook my head and kept in silent. My granddad, who is ever so sharp, knew that something must have happened and asked me about it… Initially, I wanted to fake ignorance but knowing that, that will make him worry more… I shared with him ….
He said this, in HOKKIEN… ( I will always remember this… )
” Ah Yong, no matter who you do, as long as you know you are right then just follow with your heart. You cannot please everyone. Remember, you are not here to do that. Your students and audience will have good and the not so supportive type. This is life. Stay strong and fight, just like how I run the coffee shop in the 1960s when everyone was against it… Its never about failure but the failure to succeed in life… your own life…”
My heart just cracked when he finished his words and breathing heavily (he really cannot even talk much without feeling the pain… he is diagnosed with Lung Cancer, last stage).
I stood beside him and held his hand and said ‘ I know… thank you’ the 4 wordsthat I will remember forever and promise to deliver without fail. I cannot fail. There are so many other people who are supporting me,like my V3Go Team, my graduates and even members of the public who wrote to me, to support me…. I really cannot fail them.
So thank you for the strong and avid support, thank you for making www.didyoutrade.com web hits to New Record! Thank you for everything. I will stand strong!
Your faithfully,
Kelvin Han
———————————————————————————————————————Market View for today…
This is what I posted yesterday:
For today, I am expecting to see STI being supported at 2732 for today. As long as the STI maintain above the Opening Price of today AND ABOVE 2741, the market should see some potential UPSIDE.
If the market fail to stay above 2732, then I advice traders to wait again… don’t jump into the long side. Short?? I am NOT LOOKING to short today… But if your own technique/system/indicators say yes… please kindly go ahead. I just prefer to sit back and relax and have a cup of coffee and wait for my levels to appear TODAY.
What happened?
STI perfectly opened at 2741 (Incredible forecast right?), and rallied to 2763, more than 20points at the start but after lunch, China and Hong Kong begin to sell and the Dollar also lost ground. The entire market reversed its direction and selling re-started.
Once the STI lost the 2732 support level, mentioned above, it was clear that no one should be bottom picking as it’s the seller market again. I am glad that most of the people got the idea and stand away from the market thus leading to the market free falling as not much buying queue were formed.
I only called for OCBC and Novo as I believe this 2 counters will stand against the selling wave but when OCBC lost 8.18 support level, after hitting a high of 8.28, I know I have to exercise caution and I’m glad that my grads know that based on V3Go TAOS, 8.17 and below must excercise cutloss strategy as the market/stock is just not ready yet. Well done for those who did that. *applauds*
NOVO hits a high of 26.5cents after opening at 25cents. It too, was not spared as it was sold down to 23.5cents at closing.
In theory, I was wrong in both account but I am glad that we exercised the cutloss discipline to reserve the ammo for today’s battle.
I can still vividly remember that when the STI was crashing down from 2417 on 8th of June 2009 to 2211 on the 23rd of June, down around 206points or -8.5%, many people got so worried and were speculating that this could be the end of the rally. But of course, the market recoverd and hit a high of 2359 by 30th of June. Regaining 6.6% from that day.
( I will explain why I chose this period for example later via a chart )
Since 20th of Jan 2010, the high was 2935. 6 days later, STI closed at 2706 yesterday, losing 229points, down -7.8% over this period.
For today, the STI must stay above 2733 for any chance of upside. If not, traders who wish to go long must continue to wait.
I am watching 2 things today,
(1) Dollaryen – the previous day, it created a BHP formation and yesterday it broke low and recovered. This is the signal that I am looking for.
(2) Crude Oil hit the V3Go TAOS support at US$72.71 and rebounded off. This is the signal that I am looking for.
I am looking at stock market to recover from today as long as STi maintain above 2733 today!
Disclaimer Apply:
But if the market does go below the support levels then I will suggest traders to exercise cutloss measurement to ensure capital protection.
Watch the CPO stocks today again, wait for entry… as crude oil already found support last night.
Have a great trading day ahead.
Disclaimer apply as usual.
Cheers!
Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program
I believe this title will make some of the people in the stock forums very happy as they have a field day when they ‘bombarded’ on my blog posting yesterday.
Yes, no denying, I was bullish and my indicators are warning me about the market being oversold for some stocks and I was tracking them vigilently. My Volatiltiy Indicator is saying that the selling pressence is still there thus that’s why I gave specific support levels to exercise caution and specific resistance levels to exercise buying entriesbut of course, people chose to read what they like to read… just like the Class 90.5FM Gold Advertisement.
Well… in this financial industry for more than 10years now, I have seen such incidents enough to handle it, psychologically and emotional. I even continued with my Preview last night and continued to share information with the people who took the effort to attend.
(1) DBS must cross S$14.80 for any chance of upside. The highest level it went was S$14.70 – How to buy?
(2) UOB must cross S$18.66 for any chance of upside. The highest level it went was S$18.60 – How to buy?
(3) OCBC must cross S$8.40 for any chance of upside. The highest level it went was exactly S$8.40 – Didn’t cross, how to buy? Isn’t it precise enough???
(4) I mentioned that HK must stay above its Opening Price and goes above 20714 then one can buy… but this market highest level yesterday was only 20543!! – How to execute buy??
(5) I mentioned that Shanghai must stay above 3114 for more upside but this index highest point was only 3098 – How to execute the buy order???
(6) Jakarta Index was the only one that I got it wrong in way. I say that I think there is a support at 2586 but I didn’t give entry level to go long. - But still I got this one wrong, so no doubt.
Overall, with 6 calls given and 5 didn’t get to execute, may I ask, how “haywired” can I get with my forecast? Honestly, the only WRONG that I made was that I didn’t call for SHORTand the market tanked 2.7%. So too bad, I missed the fun and money making opportunity from shorting but if anyone can recall since 7th-8th of Jan when everyone is buying the STI at above 2900… I was already giving warnings about the market being toppish for this cycle and of course, I was also “bombarded” by people in other forums… but again, the selling from 11th of Jan proved it nicely…
Honestly, many of my close friends and grads who tracks my micro reading of the market knows one thing… most of the time I can be deadly spot on for that day but incredibly, at big volatile occassion like yesterday, I am always 1-2days early because market yet not react to the prediction yet.
But nonetheless, I won’t debate further.. I believe those who really read the blog posting, are wise and mature enough to have avoided the bloodbath since the levels mentioned were not executed.
For today, I am expecting to see STI being supported at 2732 for today. As long as the STI maintain above the Opening Price of today AND ABOVE 2741, the market should see some potential UPSIDE.
If the market fail to stay above 2732, then I advice traders to wait again… don’t jump into the long side. Short?? I am NOT LOOKING to short today… But if your own technique/system/indicators say yes… please kindly go ahead. I just prefer to sit back and relax and have a cup of coffee and wait for my levels to appear TODAY.
Last of all, thanks to the cyber, behind the nick forumers, as because of their ‘bombardment’, my blog attracted more than 6000 views, 20% more than usual. It is a great advertisement for me. Thank you. *smile*
Everyone, have a great day ahead!!
Disclaimer Apply:
Overall, as long as the market that I mentioned above doesn’t break and go below the support levels that I mentioned above, I am going to see some reversal of the trend and will look forward to buy shares than selling.
But if the market does go below the support levels then I will suggest traders to exercise cutloss measurement to ensure capital protection.
Watch the CPO stocks today again, wait for entry… as crude oil seem to looking at some support around the US$74-75 /barrel level.
Have a great trading day ahead.
Disclaimer apply as usual.
Cheers!
Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program
By 6.30am this morning, I already received 12 SMS from my friends, starting from 11pm yesterday, seeking and asking for advices about today’s market as Dow cracked down with more than 200points, the biggest selloff since 30th of Oct 2009.
The reasons for the selling were a handful; from Obama Adminstration annoucing a proposal to increase regulation of the nation’s biggest financial firms, including limiting the size and scope of their trading operations, to lingering worries about China’s lending practice which indirectly hit the commodities and the broader market as the country is noted to be, one of the primary key buyer. An unexpected rise in the US Jobless Claims and a drop in the manufacturing activity also gave traders the triggering reason to dump shares.
Honestly, to me, being a more optimistic trader in this current situation, I see the above reasons as good riddance for us to purchase shares at a cheaper price/bargains instead. My views.
(1) Obama is doing the right thing. It is like giving a child an antibiotic injection even though he/she is not sick at the moment. The child will be upset as it is going to be painful when the needle goes into the flesh but the child will be grateful, in the later stage, that such measurement was taken.
(2) Sugar, Crude, Copper etc have risen to new high over the last 12-18months while the global economies slammed into recession over credit issues. China being one of the biggest buyer of commodity is doing the right thing to be concern about their expenditure as inflation and deflation will be the last thing any country wish to suffer on. But nonetheless, with the ever increasing human population in China and the unmatched consistency of its GDP numbers since 1998, China will still be in demand for these commodities. So a pullback will actually give one a good reason to absorb for the next wave. As what Commodity King, Jim Rogers say, commodities,in logically sense, have only one direction, and that is UP.
(3) Jobless Claim increment = there are people still unemployment and the Dow is trading at 10,500 level. Since 90% of global leaders, economists and analysts are expecting 2010 to 2011 will see reasonable growth in GDP in their own country, I cannot see why we are concern about this residual jobless claim figure during this period. We are just recovering from a bout of serious fever/flu thus one cannot expect the body to run 10s/100m right? We need time to let people return back to society but we can see that the Dow already move from 6500 to 10,500… so I really wonder, WHERE will the Dow be when these people return back to employment force, doing their part in their contribution to the society/country’s growth?
I am expecting the Dow to recover to 11,715 by end of this year. Dow closed at 10,389 last night.
At the end of the day, because I am bullish of the market, it might seem that I am pretty biase towards each buying opportunity whenever there is a big correctional like last night. But evidentally, we have proven that it makes loads of sense to follow the major trend and reading the chart from RIGHT to LEFT than the conventional LEFT to RIGHT, have shown that we were consistently right in our calls.
As mentioned yesterday,
The pivotal point for the STI was 2888. Should the market fail to go above this figure, there will be selling and indeed, it happened.
As for today, I am not going to SELL once I see the market trades above the OP of today.
Instead, I am looking to buy stocks that I think will be a great time to load since the market will sell as expected. I expect the STI to open around 2786 to 2800 level. It closed at 2850.98, DAY LOW, yesterday (something I wished for yesterday). There is a first support at 2876 level. If the Index can recover above 2837 today, it will be a GREAT DAY to buy shares today. Please mark all these levels now.
Hang Seng didn’t go above 21312 yesterday despite the good China data and slammed down 400points instead. So one couldn’t have bought the call warrant. But for today, one can start to load on the call warrant IF they see HK testing 20261 first THEN rebound. It closed at 20743 yesterday. If not, no go for the time being.
Crude Oil failed to closed above the US$78/barrel level thus I didn’t give any buy calls on the commodities related stocks. As mentioned in the previous entry, there are 2 support level. One is US$77 and the other is around US$75. Last night, the Crude lost another US$1.72 to close at US$75.87, with a low of US$75.66. Using Conventional TA(Technical Analysis), there should be some support around US$75level. So I will be watching very closely on this market. Do regularly check your email inbox, for those who paid for the Crude Oil Pattern Sessions.
Dollaryen rockected to a high of 91.87 last night before dropping like a rock to 90.10 level on US economy weakness. Currently, it is indicating at around 90.20 level. No buying until you see it going above 91.30+ level.
With that, I wrapped up my expectation for today. In summation, as long as the stock/index is trading above their OP (Opening Price) of today, I am NOT SHORTing them.
Remember: Every Successful Transaction is between a willing BUYER vs a willing SELLER… If everyone is deem to be selling and there is a transaction made… who is BUYING????
As quoted by the market, trading is about using common sense but the problem is common sense is not as common in the market when trading is a concern.
By 9.30am, I will be sharing some stocks that I think you can long for the next 1-2weeks for some short term profits. Refresh this blog regularly for today.
Cheers! Hope everyone make MORE MONEY!!!
ps: Since yesterday, we are receiving registration emails for our Real Life Trader SPECIAL Edition. Once we reach maximum capacity, we will cease registration. The invited trader will only share this 6.8million yen trade once.
Disclaimer apply as usual. Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program
As expected, the Dow completed the Negative GMD formation thus most likely all the Indicies will GAP DOWN. Once the market goes above the Opening Price (OP) of today, one should COVER BACK your shorts OR one can start to do some bargain hunting.
I am looking at SAR, Ying Li, Genting, Midas, YZJ, First Res, Novo for Bargain hunting
I will update more as the day go by.
Crude Oil created a CLUSTER formation despite failing to close above TAOS level of US$78/barrel. But since the trend of the Crude was on the way down and with a cluster formation, there is a chance that we might see some support around here. V3Go BC is around 79.31. It closed at 77.59 yesterday. But once it cross above 78.68, one can start to look into this commodity.
HK will be a GOOD BUY once it test the TAOS level at 20912 this morning and rebound. Should it go above 21312 convincingly, one can choose to HOLD it overnight. HK closed at 21183. One can looking to go LONG on the CALL Warrant today.
NIKKEI, resistance will be around 10720. Once this level is broke upwards, one can go LONG.
Continue to HOLD onto your DOLLARYEN long. I am looking at this currency to hit 92 soon.
STI, the index closed at 2893 last evening on a strong reversal selling BUT do watch 2888 today as that will be the pivotal level. If STI test this level and rebound above it, the Index may recover back above 2900 level.
In summation, as long as the market are trading above their OP of today, please look towards BUYING than SELLING.
Cheers!
Disclaimer as usual applies
Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program
ps: Lets all PRAY for the Haitians who are trapped in their country as another Earthquake strike the country. http://sg.news.yahoo.com/ap/20100120/twl-cb-haiti-earthquake-1be00ca.html
Let’s kindly donate some of your earning today via RED CROSS to help them. I will do my best to provide calls for you to benefit, to help them. Let’s HELP them!!
As always, before I start my day, I love to share/talk about a selected trivial and today’s topic is on King of Pop, Michael Jackson.
Michael Jackson was born August 29, 1958 as the eighth of ten children in Gary, Indiana, an industrial suburb of Chicago, to an African American working-class family. His mother, Katherine Esther Scruse, was a devout Jehovah’s Witness, and his father, Joseph Walter “Joe” Jackson, a steel mill worker who performed with an R&B band called The Falcons. Jackson had three sisters: Rebbie, La Toya, and Janet, and six brothers: Jackie, Tito, Jermaine, Marlon, Brandon (Marlon’s twin brother, who died shortly after birth)[8] and Randy.[9]
Jackson had a troubled relationship with his father. He stated that he was physically and emotionally abused during incessant rehearsals, whippings, and name-calling, though he credited his father’s discipline for his success.
His sudden departure hits me hard as I’m a big fan of this mega star. I remembered the days where I will buy all his CDs and Video tapes to mimic his moves, songs and charisma. Me and MJ-crazy friends even did the ‘Black or White’ dance moves infront of our school mates during a talent-time competition. I was pretty upset that I couldn’t go to his World Tour in Singapore because I was quite sick then. So when I heard that he is going to resume his World Tour, I was so excited as I heard that he have invited so many top dancers and self choreograph the dance moves. But 25th of June 2009, ended every bit of excitement when he was pronounced dead on cardiac arrest.
Honestly, I thought it was a joke when I saw his death headline on TV until more news coverage on it. I was stunned. But nonetheless, I am happy for him in a way, as he was under so much pressure by the Media for his child sexual abuse case even though he was tried and acquitted by the end of the day. The Media still continued to haunt him on it… He will definitely be someone special in my heart and I believe many shares the same feel. Withthat, I would like to share this wonderful tribute for the King of Pop, Michael Jackson, with everyone who adores MJ.
Whilst every effort has been made to ensure the accuracy of the information supplied herein, please be informed that all published information and trading ideas are purely the views and opinions of the author, and does not fully represent the views of the market.
The author cannot be held responsible for any errors or omissions.
Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of the information from this site.
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