Friday, November 30, 2012

Byuilding up energy in the spring...

Thursday, November 29, 2012

Ricky Ponting Quits Test Cricket

Breakout! Maybe jawboning does work after all...

Gurus, experts, do they know better? Just need to waffle and pluck figures and draw conclusions and target prices out of the air like magicians. And like magicians, they are creating ILLUSIONS!!
This guy is an expert..."...with 35 years of experience" Today he will demonstrate the art of illusion with the use of words..

They use jawboning as their means to earn a living. The broad definition of jawboning is:The use of spoken persuasion.

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Wednesday, November 28, 2012

Closes at day highs...

Still on the up?

Tuesday, November 27, 2012


Daily FBMKLCI, bearish note... oversold so can we expect a technical rebound?

FKLI futures as of yesterday, closed below daily 200 sma...

Monday, November 26, 2012


Trading is a journey ofself-discovery; success lies in understanding
who you are.

When trying to improve as a trader, most people look outward; but the only way to succeed is to look inward. We all have strengths and weaknesses, and being truthful about ourselves is the key to becoming a great trader. Who and what we are is not right or wrong, it is simply who we are. We have strengths and weaknesses, but how we manage them is essential to success in managing our trades.

Most traders trying to improve will first search out more gurus, better software, and new trading systems. They suffer from "if only" syndrome. If only  I knew more,  only I studied more, had better picks, more computer screens, or a better chat room--then I could get it right. They look everywhere but in the mirror.

When their trading doesn't improve, they move on to more information, another system, or another guru They will either run out of money or patience, or both. What most traders lack is ot information, but a deeper understanding of themselves and what they need to turn themselves into a


If you can 't trade with price alone, indicators won't help you. Because of the new technology of computers and software, we are constantly barraged with vendors selling us the latest hot system of bells and whistles. Vendors do not trade stocks, they trade dreams. Their job is to sell you a
system of flashing lights and buttons and convince you that you will be able to trade better and fulfill your dreams of riches. In truth, if you cannot trade with price, then indicators won't help you. Most indicators are based on price.

Price matters most above all things. Never trade off indicators alone. Price is the only truth you will ever find in the stock market. Price is where buyers and sellers all agree at the same time. Price is exactly what the stock is worth now. You may think it is worth more or less, but price is telling you what is really worth, whether you believe it or not. That is not to say it will remain at the same price, but traders must trade on what they see now, not what they hope to see in the fut

Dr Charles Schaap

Trapped within the box... Only the suckers are trading within..



60 min FBM KLCI


Vettel secures 3rd Formula 1 title despite crash on 1st lap; Button wins Brazilian GP - Brandon Sun

Sunday, November 25, 2012

Higginbottom holds nerve to claim NZ Open

First amateur to win NZ open in 56 years..


Saturday, November 24, 2012


The Thanksgiving seasonal tendency is playing out. Dow up 1.3%.

Seasonally stocks open up the day after thanksgiving

Formula 1 Brazilian Grand Prix Preview

Friday, November 23, 2012

Seasonal tendencies for the S&P500 in the days following Thanksgiving...


Public Bank, Genting Bhd

12 point box on 30 min fkli futures..

Thursday, November 22, 2012



Dollar Yen & Nikkei futures...

Rabobank: CPO prices to rebound next year | theSundaily

Champions League: Manchester City bow out, Arsenal progress - ESPN FC,-arsenal-progress?cc=4716

Wednesday, November 21, 2012

On 9 Nov 201, at some conference of experts on Oils and Fats (or something like that) one expert painted a very bearish picture on cpo 'due to high inventory stock levels of cpo. Should be 'damn bearish' right? Well the price action since then has been on the upside.

Contrary to popular belief, fundamental news and expert opinions need to be taken with a grain of salt. These 'experts' don't know better, and one might suspect that they are really consistent, consistently wrong. They are consistently wrong due to their ludicous target prices, that entail huge risks to be taken for those trades. The result, before they make money, a swing in the market will wipe them off the position.


FKLI weekly volume since 3 April 2012, on the down move...

Tuesday, November 20, 2012

FBMKLCI, not ready to move up... Genting Bhd, still in play, just...

Monday, November 12, 2012


Genting Bhd 30 min

Sunday, November 11, 2012


Saturday, November 10, 2012


NQ futures +19 this morning (1 min chart)

Friday, November 09, 2012

"There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time."J Livermore Manchester City FCl Crude Palm Oil


From Dragons and Bulls by Stanley Kroll
Intro and Foreword
The Importance of an Investment Strategy
5 The Art of War, by Sun Tau (circa 506 BC) and The Art of Trading Success (circa AD 1994)
That's the way you want to bet/a>
Long-term v Short term trading
Technicals v Fundamentals
Perception v Reality
Part 1: Winners and Losers
Part 2: Winners and Losers
Sun Tzu: The Art of War
Those who tell don't know, those who know don't tell
Why there is no such thing as a "bad market"
The Secret to Trading Success
The Experts, do they know better?
Risk control and money management
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system