Shorting the EUR

Happy to close another round of profits from EUR shorts in the morning. Stopped out from AUD/USD due to sudden reactions.

First day of Profits!

First small profits on the first day of trading day. I would say a very good day! Too bad could have had much more profits from EUR/AUD if I had closed it on New Year Eve. There is always gap risk when holding currencies over the holidays or weekends.

Profit on EUR/USD

Entered on breakout when my short was taken out. Super rally and exited on one of the resistance point. Good profit!

The Weekly Review

EURUSD continued its fall this week.

USDJPY is set to go on a strong rally.

US Stocks

Dow Jones Index became volatile these two days as it either sets to fall or breakout.

Hong Kong Stocks

Hang Seng Index still in a consolidation phase.

Singapore Stocks

STI broke down from its consolidation.

The Weekly Review: Up?

The USD pairs all went up after news from the US side. AUDUSD continues its strong state. USDJPY seems weak and still stuck in a consolidation.

EURJPY is cautiously moving higher.

US Stocks

As mentioned previously, Dow Jones Index is in a big consolidation.

Hong Kong Stocks

Watch for Hang Seng Index and China Index (Not SG China stocks). I'm seeing a potential bull coming up.

Singapore Stocks

STI is playing cautious. But a potential bull in the making?

The Weekly Review: Strong Rebound!

EURUSD turned into a weakness and now in the middle consolidation. Aussie is strong in here as there seemed to be more room to go. USDJPY bouncing back in the consolidation. Will it break up?

While EURUSD is weak, EURJPY is strong. In fact all JPY crosses are strong with the exception of GBPJPY. Biggest winners were EURJPY and AUDJPY.

US Stocks

The Dow Jones Index staged a strong rebound after the Fed Minutes. While you were worrying about the US shutdown and dumping your stocks, the big boys were constantly buying up. Hence the result of a strong rebound!

Apple in a consolidation. 

Hong Kong Stocks

Hang Seng Index is now in a consolidation range. China's trade balance is just up with worse than expected results of 15.2B instead of forecast of 25.2B. So how will the market will turn up? Down?

Singapore Stocks

Straits Times Index had a strong rebound also. Friday was a down day as people took their profits.

Noble Group had a breakout after a consolidation. The big boys started buying already at the consolidation phase at around 0.80 and if you spotted their buying you are now in big profit!

Wilmar in a certain consolidation also. Look out for it.

Gold

Gold continues to slide. How low will it slide? Good to be short Gold. Just beware of sharp stop hunt by insidious big boys.

Profit on EURUSD

Acquired small profit on EURUSD. More shorting may come if it breaks.

The Weekly Review: Rebound of Dow Jones

EURUSD ended with a damper on Friday. Is it a correction? AUDUSD seems to consolidate but looking strong while USDJPY still stuck in consolidation.

US Stocks

Dow Jones Index rallied on Friday (could be just a short covering). Based on my chart, there is still some more to go before reaching its support. So watch for it next week.

Hong Kong Stocks

Hang Seng Index has a bit of jumpy mood. Where is it heading? Currently it looks like it's in a downward bias.

Singapore Stocks

Seems like Capitaland is continuing the selldown from its consolidation last week.

Has Noble Group finished its accumulation and pushing to new highs?

Friday was a historical day for penny stocks as something big happened. 3 stocks were suspended for their sudden big fall in value after a such a big run up. One of them is Blumont, which I believe alot of punters were punting. And I guess its because of recent popularity of punting penny stocks in Singapore has caused an excessive push in value. And given high manipulative nature of these penny stocks, fall will ensure to trap retail investors. But to this magnitude, its the biggest I have ever seen! I believe many poor retailers were burnt very badly and worst if they were in contra. This is just scary.

Small Profit on EURUSD

Raked a small profit on EURUSD. Entered on a bounced support and exited when a bearish pinbar is confirmed. That's what price action tells you!

The Weekly Review

This week the EURUSD had an indecision week ending in a doji. AUDUSD went down after that pinbar while the USDJPY slumped. What will happen next?

US Stocks

Dow Jones index has fallen to 50% of its rally. Will it continue to fall or bounce back up? Could be a chance that it will continue downwards as it looks like going for a big consolidation.

Singapore Stocks

Many good blue chips are undergoing a consolidation as it waited for more direction. One of them is Noble Group, after a huge rally, its now consolidating. So are the BBs accumulating or they are actually dumping stocks to the retailers?

The same goes for property developers like Capitaland and Kepland. We shall see how it move next!

The Weekly Review: Nice Rally

EURUSD fared well this week but still very volatile on the last two days of the week. AUDUSD seems to be going up but that a few pinbars on the daily and another pinbar on the weekly chart has me on the conservative side. USDJPY still forming a consolidation pattern before that huge breakout.

US Stocks

The Dow Jones Index has a very nice straight rally with a pause on Thursday and continuation on Friday. Will it go higher?

Apple gapped down after its announcement of the new iPhones.

Hongkong Stocks

Hang Seng Index is having a pause here after a few days of gaps up and rally.

Singapore Stocks

STI seeing another pause and probably a consolidation.

Noble Group had a good rally on Thursday. Sold down by profit taking on Friday. Will more rally to come?

I completely missed out on Ezra. Too bad it should have been a good trade.

Yangzijiang was also another good stock that BBs were trading.

Profits on EURUSD

Entered on Friday night, hold till it hits my profit target, making a very nice reward! Power of price action!

The Weekly Review: USD Gains Strength

This week ended with the EUR/USD in a long fall while EUR/JPY kept strength. The AUD/USD continues its fall this week, probably falling further.

USD/JPY gained huge strength this week after Ben Bernanke's talk on tapering off Bond purchases. Currently it hits its resistance so will it break up and continue its rally now that interest rates are set to rise soon?

US Stocks

Dow Jones Index reached its another support.

Apple did not manage to gain strength and continues down.

Singapore Stocks

Seems like Singapore stocks still continues with its second wave of selling. Or is it the last wave?

STI recovered strength on Friday. Covering shorts?

REITS continued its selling.

Commodities

Gold continued its fall further as USD gained strength and investors bailed out.