Friday, July 29, 2016

Maybank. At current prices yields 6.5% div

Monday, July 25, 2016

FKLI, bullish on 15 min.
Interest rate easing expectations by BNM, nothing but bullish...
US Department of Justice seizing 1MDB money assets which were siphoned off by some individuals, a bullish development as the Malaysian govt has gotten back stolen funds....

Monday, July 18, 2016

Fkli futures..... On the up trend.

Friday, July 15, 2016

FKLI. No matter how deep your pockets, never short an OPR cut....

Wednesday, July 13, 2016

USDMYR strengthening despite OPR cut by BNM....

Well, straight away, the UOB economist comes out to pour cold water on any positive impact of the OPR cut. How typical....

Malaysia Unexpectedly Cuts Rate to Shield Growth as Risks Mount

2016-07-13 07:00:00.59 GMT

By Chong Pooi Koon
     (Bloomberg) -- Malaysia's central bank unexpectedly cut
interest rates for the first time in seven years, joining Asian
counterparts from Indonesia to Taiwan which have eased policy
this year to bolster their economies as global risks mount.
     Bank Negara Malaysia lowered the overnight policy rate by
25 basis points to 3 percent, it said in a statement on
Wednesday in Kuala Lumpur. Reza Siregar of Goldman Sachs Group
Inc. was the only one of 18 economists surveyed by Bloomberg
News that predicted a reduction, with the rest expecting no
     "They assess that the external risks have reverted much
higher," Julia Goh, an economist at United Overseas Bank Ltd. in
Kuala Lumpur, said before the decision. "Probably the domestic
sources of growth will not be sufficient to cushion the downside
risks from the external side."
     Just two months into the job, Governor Muhammad Ibrahim is
facing increased pressure to lower borrowing costs to spur an
economy projected to expand at the slowest pace in seven years
amid falling oil revenue and weaker exports. The U.K.'s surprise
decision last month to leave the European Union has clouded the
global growth outlook, denting demand for Malaysian goods.
     The central bank cut its inflation forecast for this year
to 2 percent to 3 percent from 2.5 percent to 3.5 percent.
Consumer prices rose 2 percent in May from a year ago.
     The currency has strengthened 7.5 percent against the
dollar this year, the best performer in Asia after Japan's yen.

To contact the reporter on this story:
Chong Pooi Koon in Kuala Lumpur at
To contact the editors responsible for this story:
Nasreen Seria at

Fkli how will react to OPR cut by BNM, upside?

Tuesday, July 12, 2016

FTSE 100, so much for Brexit. Classic news reversal

Monday, July 11, 2016

Nikkei 225 futures.

BORNOIL seems gold mining ops starting...

Tuesday, July 05, 2016

BORNOIL another race is on....

Friday, July 01, 2016

Down trend in fkli....

FKLI 30min divergence...

"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
Introduction 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
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
Larry Hite: The Billion Dollar fund Manager
Systems Trading:Kroll's Suggested Method
Buy the Strength Sell the Weakness
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system