Straits Times Index - Rebounce Soon???

Looking at the chart, likely to see further downside instead. Therefore I will consider Short Sell instead. No point to catch a short upmove and get caught in the wrong side when I am busy with
my Business.

Cheers - Trade to Win.

The Power of Volume & Price Analysis without Complicated TA

Is it safe to trade stock in a downtrend? - Genting dated 210611

Well today stock market started to move up but is it time to get in. In every downtrend, allow 1 upday
to happen, if more than 1 upday consecutively occur, then there is a possibility of trend changing and
command further analysis.

In the Genting stock, volume is average with nice price closed near to day's high. In my trading system,
it is not ready to initiate a Long trade as more confirmation will be required. Price must first turns from
Red/Amber to Green Bar, and price must be above the trailing cut loss level which becomes a support
line for the price as it moves higher. Till then, just be patience and stay watching like a wolf waiting for
a good kill.

Trailing Cut Loss System: Keep a safe distance away to prevent trigger loss cut.

Is the Market ready for a rebounce soon?

Overall uptrend still intact, retracement is necessary to flush out weak players so that the stronger players
can accummulate more a base to stage a stronger upmove later. Further downside is expected with
support near 1250 level. Stay watch & cool.

Early Warnings are Blessing in Disguise

It is always helpful when the system provides early signal of weakness or strenght. I do not take the signal

blindly without double confirm if the overall trend channel has changed.

Just like when you hear from someone that certain stock is a good buy, do not take it as face value, dive

into the chart and perform thorough analysis before you take any action.

Trust yourself, your own money and initiatives. No one will care your financial health report, not

even your boss, friends, and relatives. YOU have to Mind your Own Financial Business and Take Charge Today.

Market has been sideway for a while, I take this as an opportunity to spot stocks for short term trading buy.

Good Luck Ahead!



Be Wary of Extremely High Volume at Upper Channel and May Mean Start of Distribution Activities

How do we know that the current trend has topped and may begin to topple?

This is not difficult to tell if you understand how the professionals will act in the Market.
This kind of massive distribution or transferring of inventories to the unwary investors and
traders usually happen in a bullish day where the news will be good, the particular stock
maybe rumoured to have potential good news and this get the average investors and traders
excite and causes them to take part in the chasing flee.

There is no free lunch, if you are getting advantage out of nowhere then it is time to think about
who is the other side that is selling to you. If the stock is so bullish, won't the other side wants to
hold longer to make more profits?

By understand the price and volume relationship and without complicated technical indicators,
it is possible to learn to see how the stock will response to the actual demand and supply of
everyday trading. Afterall the market is driven by the two strongest emotions of human beings,
GREED and FEAR. By understanding the collective activities of this unwary group of traders or
investors, you can know how the professionals will trade against this group which called the HERD.

This game is mean, there are sharks or wolves waiting for the untrained, greedy and fearful traders
and investors to fall into their traps. Always protect your trade setup with cut loss even if we
are super bullish on a setup, as I said many times, we are dealing with probability and no certainty.

Trade with cautious or consult your personal financial advisor before deciding to take trade.

Cheers