Saturday, August 30, 2014

FCPO futures, the week's wild ride...

Friday, August 29, 2014

FCPO dec14/feb15 spread, a real Local killer with a Black Swan move.

Tweet from emacro (@emacro)

emacro (@emacro) tweeted at 5:18 PM on Fri, Aug 29, 2014:
#fcpo And that is that...

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Tweet from emacro (@emacro)

emacro (@emacro) tweeted at 4:13 PM on Fri, Aug 29, 2014:
#fcpo 15 min, a "Kangaroo tail" pattern, reversal? 1950 support?

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Tweet from emacro (@emacro)

emacro (@emacro) tweeted at 3:41 PM on Fri, Aug 29, 2014:
#fcpo 1 min, trend underway...

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Tweet from emacro (@emacro)

emacro (@emacro) tweeted at 3:17 PM on Fri, Aug 29, 2014:
#FCPO 1 min, can the trend continue down through 1950 support?

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Wednesday, August 27, 2014

FCPO, it's a scalper's market, forget abt taking positions...


The Fat Pitch on Tumblr — Crossing SPX 1000 in 1998 vs SPX 2000 Today

Tuesday, August 26, 2014

One of those 'bad' investments, or is it? ANALABS. With the dividend stream it is just as adequate return over the 5 years. In trading and investments, it doesn't matter whether you best others' returns, just whether you satisfy yourself. Leave the EGO trip for others...

Tweet from WSJ Markets (@WSJmarkets)

WSJ Markets (@WSJmarkets) tweeted at 10:01 AM on Tue, Aug 26, 2014:
Recap: The S&P 500 rose above 2000 for the first time in intraday trade:

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Monday, August 25, 2014

Malaysia-Finance Blogspot: 52 Week Highs

5 min fcpo

Jyst when it seemed easy to make money from shorting..

Saturday, August 23, 2014

Chapter 10 Risk Control and Discipline: Keys to success (from Stanley Kroll's Dragons and Bulls)

In the jungle, for all creatures large and small, the first priority is survival. This should apply to financial speculators, as well. Here however, 'survival' is translated as 'risk control' and 'discipline.' The quest for profits is important, but even this basic drive takes second
place to the dual imperatives of risk control and discipline. The Scots have an old saying, 'Mind your pennies and the pounds will take care of themselves.' The corollary to this in financial speculation is, 'Mind your losses and the profits will take care of themselves.'
There are a number of excellent books which describe the strategies and techniques of the leading portfolio investors of our time. These are fascinating accounts of a diverse group of talented men and Women, whose investment feats have made them highly acclaimed experts
throughout the various sectors of investments. Studying these accounts, one is struck by the wide ranging expertise of these 'money masters' and 'marker wizards': stock speculation, long-term value investing, short-term scalping, options strategies and currency or bond
trading. In fact, just about every one of these experts plies his or her personal operations quite difierently from the others. There is hardly a single common element in their professional activities; with one exception. Each one of them acknowledges that risk control and
discipline are clearly the two most significant aspects of their overall success. The single element on which they all agree. Clearly, for every investor who reads this book, regardless of the field of investment he or she focuses on, the most important tactic for
consistent and successful speculation is to control losses, also known as risk control, and discipline to 'trade by the rules.' If you can control losses and allow profits to run, and that is not easy to accomplish, you can be a consistent winner. What should be sought is a systematic, objective approach to risk control and discipline, which would include
the following three areas:

1. Limit Your Risk on Each Position


One approach is to establish a maximum loss limit on each market, to say, 1% to 3% of your capital, the precise amount depending on the size of the account. For smaller accounts, it
might not be practical to try to limit losses to 1%, as your stops would be so tight as to result in a string of losses due to whipsaw moves. There's nothing magic about this specific
technique; it just helps enforce a discipline to control losses in anobjective and systematic manner.
Another approach is to equate risk on each position to the respective exchange minimum margin and to limit risk to a percentage of such margin. Equating acceptable risk to a
percentage of margin is a logical strategy, especially in futures trading, where margins are set by each exchange and are generally related to the volatility, and indirectly, to the risk or
profit potential of each market. For example, on the Chicago Board of Trade, the world's principal grain futures exchange, the margin on a 5,000 bushel contract of corn is US$400,
while the margin on a 5,000 bushel contract of soybeans, considered a more volatile and high-flying market, is US$800. If, for example, your risk is limited to 70% of margin, you
would risk US$560 on soybeans versus US$280 on corn because your profit potential would be higher on soybeans than on corn.

Stock traders can limit speculative trading risks based on the value of the investment, but the precise amount would depend on lite volatility of the stock, with a more volatile stock
requiring somewhat looser stops. Such loss limits could be between 15% to 20% of the investment. Thus a trade in a US$30.00 stock could be stopped to limit losses to US$4.50 to

Also, one should not use more than one-third of the capital in a speculative trading account to margin positions, keeping two-thirds in reserve, to be held at interest, as a cushion. If the account equity declines, you should seek to reduce positions, so as to retain this recommended one-third ratio.

2 Avoid Overtrading

This admonition pertains to both excessive trading activity, such as churning, and to putting on too large a position in relation to the capital in an account. You aren't likely to trade successfully if you are overtrading, or if you are excessively focused on short-term scalping, or if the first adverse swing will have you responding to a margin call.

3. Cut Your Losses

Any time you enter a speculative, trading position, you should clearly kno wvwhere your bail out point (stop loss) will be and you should enter t e stop with your broker. Experienced traders who sit in front of an online monitor and who have the discipline to dump a position
when and if it reaches their bail out point, may not actually want to put the stop to the floor, especially if they are holding a substantial position, as it could be a magnet to attract floor traders' attention to hitting the stop. The key aspect here is discipline, because not entering the stopshould never be used as an excuse for overstaying a market, or for rationalizing any delay in liquidating at the designated stop point. Assuming a newly entered position starts to move against you from the outset, the stop, if entered correctly, should get you out with just a
reasonable loss. However, what should you do about stop protection if the market starts to move favourably, putting paper profits in your account? Clearly, you will want to adopt some strategy to advance the stop so that a good paper profit doesn't turn into a big loss if the market reverses. Here, the maxim to focus on is, 'never allow :1 good profit to
turn into a loss.' But, how exactly should this be handled? One recommended strategy is to advance your stop (if long, raise the stop;

if short, lower the stop) after each Friday's close, by an amount equal to 50% of the week's favourable move. For example, if you are short gold and the market declines by US$10.00 during one week, you would lower your buy stop by US$5.00 as of Friday's close. However,
if a market moves against you on any week, you should leave the previous week's stop intact. Eventually, the market will reverse and stop you out; but if you have enjoyed a good run, you will have advanced into a no—loss stop position and, ultimately, a profitable one.

Friday, August 22, 2014

The trend goes further than you think...

MH17: Day of Mourning [LIVE COVERAGE] | theSundaily

Thursday, August 21, 2014

Looks the support level is 2049...

HSI futures 2 min, 5 bullets to a clip...

Wednesday, August 20, 2014

Tweet from emacro (@emacro)

emacro (@emacro) tweeted at 11:18 AM on Wed, Aug 20, 2014:
CPO futures after breaking the 'box' pattern...

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Dr Elder, listen to him, look at the market from afar, not scalp...

Tuesday, August 19, 2014

Soybean futures 3 min...

Took a while for the break out of the box pattern...

Tweet from emacro (@emacro)

emacro (@emacro) tweeted at 0:26 PM on Tue, Aug 19, 2014:
It is such a high probability trade, the reaction to geo political news event in this case Ukraine shelling

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Tweet from Mainstreamedia (@mainstreamedia)

Mainstreamedia (@mainstreamedia) tweeted at 11:59 AM on Tue, Aug 19, 2014:
Bringing back Penang's charm - via @Shareaholic

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Monday, August 18, 2014

ECOFIRS, breaking out of 52 wk high...

Tweet from emacro (@emacro)

emacro (@emacro) tweeted at 4:39 PM on Mon, Aug 18, 2014:
For traders in a trading room environment, an indispensable tool to cut out the noise and rubbish other traders shout

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Downtrend in the cpo futures prices... The downdraft in the prices of cpo should get the stock investor excited... may be that the opportunity to pick up the cpo plantation stocks on Bursamalaysia in the days, weeks ahead? I think so...

Box on 5 min fcpo...

When headlines such as this trundles out, downside limited??

"Palm Oil Shipments from Indonesia rise to seven month highs"

Saturday, August 16, 2014

Its terrible how a reputable name loses its gloss in the quest for more money. Portion is so small that
Hat howevet the taste, there is no value for money. Funny Mountain  tau fufah in Ipoh. Customers are very likely to vote with their feet and boycott,

Friday, August 15, 2014

The week's action

Wednesday, August 13, 2014

NQ futures 3 min...

Now that the Dow Jones has started the 'correction' after 'the most unloved bull market in history', you will get the Dr Dooms come out of the woodwork. After last Friday's  drop in the DJIA, Bloomberg will interview such Doomsdayers like Mark Faber, who duly went on to espouse his (continuously espoused view or opinion that the market will fall 10 to 20%) view that the "Dow will fall 10 to 20% this Fall"

But I tell you my opinion of what has gone by that this is the "greatest bull market in history". Look at the % returns from stocks like TALAMT... Leave the predictions to the experts, follow the trend to make some monty...

IJACOBS, the market has its way to confound the majority....

FCPO 5 min

Tuesday, August 12, 2014

Last call at old shop - Community | The Star Online

The end of an era

1 min fcpo, rebounded...

Sunday, August 10, 2014


Saturday, August 09, 2014


Friday, August 08, 2014

When the intraday trade is nigh on impossible, we have to refer the daily timeframe.... KLCI futures...

Thursday, August 07, 2014

AAX, time to get back aboard the train...

Wednesday, August 06, 2014


Monday, August 04, 2014

Badminton delivers double gold flurry on final day (updated) - Badminton | The Star Online

Sunday, August 03, 2014

Commonwealth Games: Sally Pearson wins hurdles gold to defy coach outburst - Glasgow 2014 Home - ABC Grandstand Sport (Australian Broadcasting Corporation)

Saturday, August 02, 2014

Waratahs beat Crusaders 33-32 in epic final to win first Super Rugby title | Super Rugby | Fox Sports

30 min Dow

Friday, August 01, 2014

Tze Liang wins breakthrough gold in 3m springboard - Diving | The Star Online

The World is such a beautiful place...

10 min HSI futures, the anchor timeframe sets the trend..

As Dr Elder says "5 bullets in a clip", we have only 3 bullets here. HSI futures 2 min

"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