Thursday, March 31, 2016

INSIDE MALAYSIA: Ringgit Up, Completes Best Quarter Since 1973
2016-03-31 07:46:01.111 GMT

By Mark Cranfield
    (Bloomberg) -- Ringgit advances for the fourth day, gaining 7.4% in March and 9.7% for the quarter.

* Sarawak state assembly will be dissolved April 11
* Brent crude futures slip 0.9% to $38.89/bbl
* Palm oil futures rise 0.9% today; longest run of quarterly gains since '08 on El Nino
* Ringgit advances 0.6% to 3.9137 per dollar
* USD/MYR approaching 61.8% Fibonacci retracement of rally from May low to Sept. high
* USD/MYR 1-month NDF steady at 3.9120; below 10-DMA at 3.9962
* ANZ shifts short SGD/MYR trade target to 2.85
* Yield on 3.955% govt bond due Sept. 2025 falls 1 bp to 3.828%

Wednesday, March 30, 2016

Well well USDMYR has now penetrated 4.0000....


FCPO headed down....

Tuesday, March 29, 2016

Nice run up in FKLI futures...

FCPO drifts down....

Down trend in 1 min fcpo

FKLI futures 21 tick chart, seems to be building uptrend....

Thursday, March 24, 2016

Agree wholesomely. This is the way it should be to preserve the integrity on this very important institution for Malaysia.

Wednesday, March 23, 2016

60 min S&P 500. Always recovers from the knee jerk reaction to geo political event

USDMYR cracks psychological 4.0000

1 min trend jun fcpo

Tuesday, March 22, 2016

USDMYR breaking 4.0000. Confounding the majority....

Monday, March 21, 2016

Absolutely agree......


Friday, March 18, 2016

CIMB a stock that indicates foreign funds flow....

Thursday, March 17, 2016


Wednesday, March 16, 2016

Well, well, our 2nd stock position of 2016, after AAX, BIMB-Wa starts it's move. High volume reversal climactic bar, entry at 0.28...

Tuesday, March 15, 2016

#CrudeOil pulling back in uptrend.. Where is support?

b) In a major uptrend,: buy on minor trend reactions into support or against a strong up trendline, or On a 45% to 55% reaction (or the third to fifth day of the reaction) from the recent rally high. In this regard, it is imperative to note that, if you misread or choose to ignore the trend of the market, and are buying against an entrenched bear market or selling against an entrenched bull market, you are likely to spill lots of red ink, and feel pretty silly, as well.

Fcpo spring uncoiling....

FCPO in 'coiling the spring' mode on 15 min....

Meantime a story on how 'they' manipulate the numbers in order to manipulate the cpo market.

Normally the so called cargo surveyors come out with their estimates for cpo exports based on port container movements. Data is released on the 15th of the month for the first 1-15 days of that month. However this month they(ITS) had two data releases; one yesterday which showed cpo exports grew by 7% for day 1-14 of March, and this morning another set of numbers showing cpo exports grew by 10.5% for days 1-15 of March.

Now they will utilise SGS to further maniuplate the prices. probably use ITS to accumulate positin and then SGS to move the price in their favour....

Monday, March 14, 2016

Crude oil daily

Sunday, March 13, 2016

Posted by LimCheeTiong on Linkedin.

Friday, March 11, 2016

USDMYR closes below 4.1000

Fkli uptrend....

Fkli, up trend in progress....


FKLI, indeterminate..... However it means that the 'spring is coiing'

Thursday, March 10, 2016

Wednesday, March 09, 2016

Gold, still has strength going forward...

#CrudeOil, still bullish off the double bottom trigger....

FKLI continues downteend....

Tuesday, March 08, 2016

FKLI futures, on the down trend today.....

Monday, March 07, 2016

AAx, acceleration phase....

The rally ocntinues in KLCI futures....

Now we realise why "Talk is cheap", Superman! Through the last perios after Chinese New Year, I cannot tell you how 100% of people I talk to say: "The stock market is gone" "This rebound won't last, the trend is down and the index will make new lows" "How can KLCI go up when the whole world stock markets are down" blah blah....

The more appropriate tenet to ask is "When the market is irrational, you are missing something" or "Be greedy when others are fearful, be fearful when others are greedy"

Saturday, March 05, 2016

#Crudeoil double bottom....

Thursday, March 03, 2016

AAX, building up....

A nice rally for FKLI futures....

Wednesday, March 02, 2016

AAX, new high close yesterday.

J Livermore "Men who can be right and sit tight are uncommon"

Talk is cheap, when it comes to traders. Yesterday at lunch, my fellow trader saw an official predicting that the KLCI would reach 1800. He promptly lamblasted that news article saying "What lah, the whole world stock markets are falling, here talking the klci up..."
Well Superman, that was exactly the trigger for the rally....

Tuesday, March 01, 2016

Fkli really continued into the close

Fkli 21 tick, uptrend...

AAX, a couple months on up 40%. Breaking out today...


"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