Singapore Wyckoff & Volume Spread Analysis

Computer was down and cannot update blog regularly for the past week. Very bad as my desktop is finally up and running! Of course I am watching the market..Spotted Carriernet before matching yesterday. The facebook post was on my fb page yesterday morning. Below are the lists of stocks that I am watching as well. Lastly, another opportunity to learn technical/psychology trading! My company will be conducting a seminar on charting. Interested participants do send me a pm @ sgwyckoffvsa@gmail.com and I will give you the full details.

Green Zones are high trading activties zone. They are also potential supports and resistances. The 2nd candle from last while shows decent selling pressure (seen from the upper tail)  but is almost overcomed now. If the current candle can closes above the uppertail of the 2nd last  candle, this will definitely be a bullish signal.

Fantastic returns this week. Just started trading FX for 3 weeks and got really very lucky this month. With proper trading techniques, risk management and emotions handling skills that I picked up from stocks trading, it is possible to translate these skills and techniques into Forex Trading as well. Of course, also with the help of the people in HarmonicForex.com Hopefully I can continue the spree. Shall continue to do Forex till market reaches till stock market reaches in the retracement that I am looking at. If you got inquiry on any stocks, do leave a message on the chat room beside and I will surely take a look at it again.

While I am all over quiet at stocks, I am actually busy churning in FX. Do join this fantastic harmonicfx group set up by Terry. Click here

As stated from the post. Pretty self explainatory. First resistance will be 43cents.

Sent out my personal thoughts on this fundamental play on STX OSV recently to my clients on the morning of 13 Feb. I was very much influenced by the decent discussion of the group and I thought this was one of the few rare opportunities in the market to take advantage of it. On a personal note, I like this stock very much. Just like ezion, building specialised and high grade vessels. Shall not dwell on its FA too much... Looking at bid volume alone is not a very strong indicator that there is professional support for me. FYI, it is just that we see 1.24 being supported along the way. I always more interested in the done volume. I am not vested, but a few of my clients are. ------------------------------------------------------------------------------------------------------------------------- To cc Subject RE : Thoughts on Potential STXOSV TakeOver Good morning, Below is my personal thoughts on STX OSV.  If you hav...

Did some scans using Marketinout propietary scanner today. Result was very good. Basically, the scanner helps me to find out what are the stocks that has characteristic of a test bar/stopping volume for eg. Below are 3 pages of scans, same criteria, but different example. Criteria of my scan was on low volume , down bar, hall-mark characteristic of a test bar.   Probably the best signal in using VSA/Wyckoff! You may go to the tabs or click here if  you are interested in the scanner. They provide a daily scan for free. Do let me know if you want to find out more about the software too. Charts of my interests are ....  Additional note on GMG : I like its strong accumulation recently. BB is very much in play.

Took a long position on Eur/Cad and GPB/NZD.

After Friday's big rally, these are the SG stocks that im watching now. Im vested in Utd Environtech at around 62.25 cents.