Singapore Wyckoff & Volume Spread Analysis

Over the last 4 days, i went back into fx and funded a tiny account.. it was really fun and intense and I thoroughly enjoyed while mentally shagged. While the objective is to make money and test my setups and to check if i manage to grapple the emotions side, it got the better of me again in the defining last few trades when i risk more than 7-10% for 3 trades after an EIT(buy became short) which I lost and panicked and elimanted all my gains for my last few days and I decided to call it a day after my balance went from -25% to +25% and then to BE. I did close to 50 trades for the last 4 days with a 60% accuracy of profitable trades and with that statistics , I expected myself to do much better than breaking even. I am rather fortunate that I didn't incur losses in the end(even though is a small account). Some take away for myself... 1) Risk management : If you can't handle risk, don't bother trade fx. Stick to your desired SL no matter. I don't have a harsh rule o

1055.hk - China Southern airline and a few other airline stocks appeared in today's HK scan. Plotted the 2 chart of airline stocks. Of course, our very own SIA has been doing fantastic as well..fast approaching its 12 dollar ,its 3 year high resistance level. Not forgetting tiger, which showed signs of bottoming as well.. A huge chunk of airline operational costs come from oil and its expenses. If you alr have stocks like Kcorp, SembCorp Marine and ezion etc, instead of conti nuing to buy on dip on these oil dependent stocks like keppel, semb marine etc, why not take on the different approach and look into airline stocks - natural hedge at current conditions of the oil. In short, technicals of airline stocks does exhibit some forms of bullishness in this sector contrary to the oil rigs/explorations stocks.  IMHO, if the ME/Saudis want to recapture market share from the US shale companies, it will surely be a long dragging battle before they eventually got shake out and

2827- an ETF that tracks China CSI 300 has been on impressive gains along with the HongKong market (Duh). With the connectivity between them and HongKong now, any sneezes that is felt in China will be even more sensitive to the HongKong market from now on. 2827 will give investors the needed exposure to invest in their Index. I have also drawn the key support lines of both the SSEC and 2827.hk The China Index reaches 6k points back in 07, right now we are at 3k pts. The question is whether their government/exchange can revive this sleeping giant and get retailers investors to start investing again. The table below shows the dates when the China index had a 5% or more correction. The first column shows the date. The second shows the magnitude. The third column shows the return of the index in the corresponding day and the fourth column shows the return in the next month. While the table does shows a skewed positive bias return on the following day after a more th

More financials stock that approached very key resistances and significant level. Bank of Chongqing Co Ltd, 1963.hk- IPO was @ 6 dollar HKD in 2013 Oct before it plummet to a low of $4.65. Currently, share price had revisited back its IPO price level. Expect resistances to break as well. CHONGQING RURAL COMMERCIAL BANK - 3618.HK also had significant increased volume activities today. I see very strong support @ 4 dollar level and a mid term resistance @ around 5 dollar. Watchout for flags.