20110228 As Dr Alexander Elder says "Divergence is the most powerful signal in Tech Analysis"

20110228 SIMSCI futures, rebounds off the lower bollinger band on the 15 in chart...

20110228 With the 30 min downtrend line still dominant, FKLI futures continues to decline.... however there is some dovergence forming...

Carling Cup, Birmingham wins

Carson Yeung must be a happy man, Birmingham lifted the Carling Cup by beating Arsenal 2-1 overnight...

Webb wins HSBC, Tseng streak ends

Karrie Webb, Australia's greatest golfer wins her 37th LPGA event at the HSBC Champions event in Singapore. Yani Tseng, the current World no 1, could only come second, failing to extend her tournament winning streak in 2011 to 4. Nice one Karrie.

20110226 A look at the 60 min FKLI and FCPO futures, which way is the longer term trend headed?

20110225 A controlled short crude oil futures scalp.... took 15 min on 1 min timeframe.

20110225 Crude Oil futures, nice short scalp trade.... better than the crap that is fcpo futures today....

20110225 HSI futures 15 min, closes on the highs.... completing the rebound from the lower bollinger band...

20110225 Fcpo charts not updating, anyway the price action and movement makes today a matter of roulette rather than auction market trading. Just gamblers/speculators all trying to get the 'yum trade', no genuine demand nor supply.

20110225 15 min HSI futures rebounds off the touch of the lower bollinger band at yesterday's close...

20110225 FKLI futures 30 min, some hammer candlesticks, indication of short covering. Trendline is now down.... FCPO futures today has sparse order book.... only the pitiful is keen to trade this morning....

20110224 FKLI futures 30 min, closes at the lows of the day...

20110224 FKLI futures 30 min, price has broken an uptrend line, a question of whether the rebound is over??

20110223 FKLI futures 30 min divergence sees a steady rebound to high of 1518, but settles lower.

When someone is in 'altered reality', like Gadaffi is not, even his driver and bodyguards desert him. Adolf Hitler went through the same thing....

20110223 FKLI futures 30 min.... divergence formed....

20110222 FKLI futures breaks the 30 min uptrend line..

20110222 FKLI futures 30 min, still staying above the uptrend line.... Libya descending into chaos they say.... They need to send in agent Maxwell Smart.

20110221 FKLI futures 30 min ends near session highs...

20110221 Price action defines a less steep uptrend line on fkli futures 30 min...

20110221 FKLI futures 30 min, breaks through the uptrendline at 1511...

20110218 DJIA 60 min chart..... a tremendous move up for the Dow, which has notched up its 3rd straight week of gains.

20110218 Fcpo futures 60 min continuation chart... If you just sit back and look at the chart, is the trend up or down?

FKLI futures 60 min, trend up or down?

20110218 Looks like the bigger downtrend reasserts itself on fcpofcpo futures....

20110218 FKLI futures triggered stops to upside.

20110218 Fcpo futures 1 min, gap up and continuation? Or is the bigger trend still down?

20110218 FKLI futures 30 min, price broke through the resistance of the downtrend line yesterday.... question is can it hold?

Soybean Oil futures

20110217 1 min fcpo futures.... what a reversal in the last 30 mins of trading.

Arsenal 2-1 Barcelona

Wow, Arsenal beat Barcelona 2-1 courtesy of two great goals from Van Persie and Arshavin in the first leg q final match in the European Champions League... on to Barcelona for the return leg.

20110216 Resistance is 1505 on FKLI futures, the descending downtrend line, can it break through?

20110216 FKLI futures 30 min.... when both momentum (macd hist) and inertia (13 ema) turns down, the bias was to the downside this morning.

20110215 EUR futures 5 min, nice tradable movement today...

20110214 Mini Dow futures on downtrend in the 5 min timeframe...

Over the weekend, Taiwan's Yani Tseng took the Australian Ladises Masters golf title, and in the process became the new women's world no 1...

20110214 FKLI futures hit a high of 1515.5 before pulling back...

20110214 FKLI futures 30 min, the trendline break dictated trading....

Manchester United 2-1 Manchester City

In the derby match of the decade, Wayne Rooney's incredible bicycle kick goal drove a dagger into Man City fans' hearts... A worthy goal that may have put United on the brink of the 2010/11 EPL title.

20110211 Mini Dow futures 5 min... an exponential rally in this timeframe...

20110212 Update: News from Bloomberg says Egypt president Mubarak resigna and stocks advance. Now we know the reason.... $ ebbs ad flows nowadays in the markets, we only have charts as guideposts in the trading journey.

Crude Oil futures tumble.... 5 min.

20110211 FKLI futures 3 min chart for the morning...

The Danger in trading Opinions

Salvatore from Malaysia Finance blogspot had alluded readers of his blog to one of the blogs he thinks is providing useful information and OPINIONS. The comment is on how the KLCI will hit 1600 on March 16th, 2011. Watch this space for when KLCI hits that level on that date. All I can say now is, "Trade what you see, not what you think.

20110210 FKLI futures 30 min.... the trend accelerates into the close, with cash KLCI marked down to 1503.99.

20110210 FKLI futures 30 min, a downtrend line can now guide trading...