Wednesday, October 9, 2019

2 Death Crosses on Dow Transportation Index - Could History Repeat?

During the Global Financial Crisis in 2008, the stock market crashed after the occurrence of 2 death crosses on the Dow Transportation Index.

We just saw the second death cross on the Dow Transport index in 2019, will history repeat itself?

All posts and charts are for educational and illustration purposes only
Tuesday, October 8, 2019

SGX Lunch Time Seminar

Monday, 14 October 2019

12.30pm - 1.30pm

SGX Auditorium, Level 2
SGX Centre 1, 2 Sherton Way
Singapore 068804

Admission is free but pre-registration is required

Click here to register.

Tel: +65 6327 5438 
(Operating Hours: 9.00am - 5.00pm)

Have you always wanted to learn the ropes and skills needed to become a successful active trader?

Introducing Live Trading Hour, a session that enables you to learn from a different professional trader each week as they demonstrate trade plans for the upcoming week and show you ways to express your trading views with popular SG and HK stocks.

In this seminar, Robin will be covering the following market events, and how they can affect your trading plans:

1. High level US-China trade talk is scheduled in Oct, how do traders view this upcoming trade negotiation?

2. The landmark 70th National Day is coming in China, how will the market there react after this?

3. Gold recorded a 22% gain YTD, is there more upside for this commodity?

Join us in this session to learn more.

We look forward to your participation!

Speaker's Biography

Robin Ho

Trading Representative, PhillipCapital

Robin Ho is a top tier Trader and Remisier with PhillipCapital, and is one of Phillip's most active and successful trader. Having been through the peaks and troughs of the volatile markets, Robin is a well-sought after speaker who shares his in-depth trading knowledge with traders and investors at numerous investment seminars.

Robin has taught and mentored thousands of professional traders. He has developed his own proprietary trading system that focuses on Price Action which he believes is the answer to the volatile market today. He believes that many traders fail today because they have been employing long term and traditional indicators to short term trading, and to achieve trading mastery traders must understand market behaviour and develop a trading strategy that fits the trader's profile.
All posts and charts are for educational and illustration purposes only
Monday, October 7, 2019

Testimonial for Robin's course, September 2019

Graduates of Robin's trading course, September 2019

Testimonial from Vincent, graduate of Robin's trading course: 

"With the knowledge gained in the course I can better time my entry and exit points.I learned to analyse trends and have a clearer view of the market.Previously, I only did long trades. After attending the course I learned practical strategies for short trades as well. The course is special as we were analysing a common portfolio over six lessons and we could see how the charts evolved according to the trade plans we prepared.We saw how the technical skills and knowledge taught in the class came into play in the live trading session. Now I have a better feeling of what traders do on a daily basis."

All posts and charts are for educational and illustration purposes only
Saturday, October 5, 2019

Jinxin Fertility - Next Move Upwards Is On The Cards

Jinxin Fertility 1951.HK -  The Next Push Upwards Is On The Cards.
A niche business in the healthcare industry  providing assisted reproductive services such as vitro fertilisation treatment. In 1H19 it booked revenue of Rmb 791.1m, with adjusted net profit of Rmb 256m, representing a 102% increase.

On the chart , the price action is indicating the BB are accumulating the stock after it broke  above its IPO debut high on 8 Sep. This consolidation phase are about to result in a push upwards  to test its Sep high at 12.80.  This blog expect this stock to break above 12.80 that we pave the way to  its next price objective at 13.60 soon.
All posts and charts are for educational and illustration purposes only
Friday, September 20, 2019

Yangzijiang - The Big Boys Could Have Distributed

Yangzijiang - Great rebound could have ended . Could have peaked at 1.11. There are technical sign of BB distributioning betwen1.08-1.10. The share price is currently capped at the 1.08 resistance. Could be heading for the next target at 0.99, 0.95 and 0.90.
All posts and charts are for educational and illustration purposes only
Friday, September 6, 2019

The Trade War Cycle

Since Trump became President he has said for 14 times that US is close to a deal with China but the deal has never materialised. In spite of being played out so many times, traders continue to believe in what Trump says. This is the trade war trading cycle. Every trader gets sucked into this cycle of death.

All posts and charts are for educational and illustration purposes only
Wednesday, August 28, 2019

Gold Glitters - Why it will be the Best Performing asset class this year

According to Deutsche Bank about 15 % of the government bonds globally trades at negative yield, many investors who shunned  gold because of its zero yield does not consider it as a penalty now. Its unthinkable that Government are getting paid to borrow money as people seek for a safe haven to park their money as trade tension and volatility rise, its no surprise that people are flocking to Gold.

Another compelling reason that make Gold a natural investment choice is central bankers around the world competes in a monetary race to bring rates to zero. Fed cuts interest rates from 2.5 to 2.25% last month and this marked the central bank's first rate cut since 2008. Recently New Zealand, Thailand and India followed in the wake of the Fed to cut rates.

As interest rates worldwide goes negative, investors suffers less opportunity cost from  gold's zero yield. Gold is traditionally  an inflation hedge and its appeal as a stored value is back again.

This blog has been predicting Gold will be the top investment asset class since 23 Mar 2019 when Gold was trading at 1310 and thus far it has hit my first target at 1550. Gold is poised to test its 2011 high of 1915 this year.

On the Chart, this is my outlook and where Gold stands now
All posts and charts are for educational and illustration purposes only