The Weekly Review

EUR/USD tried to push higher this week while EUR/JPY continues to form a consolidation. AUD/USD has been very volatile this week ending a down with a higher low.

US Stocks

Dow Jones gave a good rise and had a great fall. It seemed to reach a first support on Thursday. Will it continue higher?

Apple reaching its first resistance in preparation for its official announcement of their new iphones.

Singapore Stocks

Kepland has been a profitable trade for the week as it failed to climb and falls further. However there was a pullback at the end of the week.

How low will Noble Group get? Watch for it!

Last week I was talking about a impending further loss in REITs, and it happened! BBs were all dumping REITs! Only reaching a first support on Thursday or Friday.

Hong Kong Stocks

Hang Seng had sharp rally on Thursday. Will it continue to move up or it is just a correction?

Commodities

Gold continues to move up for the week. More rally to be expected.

Top 5 Mistakes Traders Make

Market is always volatile and dynamic. Some mistakes can really make a dent in your trading account. Here are some of the top mistakes traders make and I'm sure most of you and I have made before too.

1. Trading too big or over trading. Though it may provide huge rewards when you are right, large losses can quickly dwindle your trading account.

2. Revenge trading. Going back to action after a heartbreaking loss most likely to result into emotional trading and more loss.

3. Being emotional while trading. I admit, it is difficult when prices are hovering so near to your stop loss or profit target. Best to look away or close your position and relax.

4. Trading someone else's trading strategy which you have no idea how it works. Learn, break it down, understand and assimilate into your own trading style.

5. Straying from the trading plan. Just like moving your stop losses further away, ending in bigger losses. Stick with the plan unless your gut feeling tells you something is wrong.

The Weekly Review: Time For Another Crash?

EUR/USD continues to push up while being really volatile in shorter timeframes. Will it able to move up? EUR/JPY still stuck in the consolidation zone. Aussie seems to be getting stronger. I'll be bullish on Aussie in the coming weeks.

US Stocks

Dow Jones Index finally came down after days of continued rally. Will it break through to continue a crash?

Apple is being loved again as big investors bought up Apple stocks pushing it up.

Singapore Stocks

In Singapore side. Seems like dividend stocks are losing alot of appeal. Telcos and REITs stock prices are falling in deep red.

Example of REITs will be Ascendasreit. Continued fall after its small rally.

Commodities

Gold returns its shine after being beaten badly. Seems like China is buying gold again.

The Weekly Review: Aussie Correction

EUR/USD continues on with its rally this week but dampened by an incoming correction on Friday. Yen crosses like GBP/JPY, EUR/JPY, USD/JPY continued to show weakness in this week. The strong one for this week was the Aussie where AUD/USD and AUD/JPY showed massive strength as the rate cut for Aussie was already priced in and it continued to spur this correction rally. AUD/USD might show weakness next week for those who are on the short side.

US Stocks

Dow Jones Index seemed to drop off from its high.

Commodities

Gold seems to be moving back up. Watch for the move!

The Weekly Review: NFP Surprise

Weekly still prove to be directionless for currencies. AUD/USD still continues to be weak. The NFP surprise caused a knee jerk reaction to the USD. Shall see if USD continues to rise next week.

US Stocks

Dow Jones Index continues to push forward.

Singapore Stocks

Capitaland has hit its target price by BB.

Will Noble Group continue on?