Having an Upper Hand in 2014 Through Feng Shui and Charts

Register Here ==> https://fengshui-charts.eventbrite.sg

 4th January 2014 (Saturday), 2:00pm– 5:00pm 

Hear what we have to say for 2014, is it a good time to put our money in the market? We are honoured to invite our special guest Master Jo Ching to give us some tips to increase our luck, giving us a better edge in making money in the market. If you want to have an upper hand, be it from Technical Analysis or Feng Shui. Don’t miss this talk!

Who should attend?

• Investors who feel that they have missed the boat in June's rally and don't want to miss it again in the coming months.
• Investors who want to find a way to achieve consistency in trading.
• Investors who feel that they are having bad luck and wanted some change.

Master Jo Ching's Topic will be: 

“Making Calculated Move in 2014 through Feng Shui”

• Luck forecast for 12 Animal Signs for 2014
• How to activate Wealth and Career Luck at home in 2014

Andy Yew will be sharing:

• How you can make money in Up or Down market
• The full technical analysis of the current market
• How to Identify stocks that consistently beat-the-market

 -         

Venue: Level 6, Presentation Room, Raffles City Tower, Singapore 179101

Fee: Free Admission

Speakers:

Master Jo Ching, founder of DestinyAsia Global Consultancy, is a classical feng shui practitioner that also provides trainings to enthusiasts and practitioners who strive to excel in the field of Chinese Metaphysics.

Besides, he also works with companies to conduct seminars and public speaking such as Prudential, HDB, Singtel, Capitaland, Citibank, JTC Corporation, Today’s Motherhood, Crown Worldwide, Business Network International, The British Club and etc.

He has been interviewed by Yahoo, The Prestige Magazine, Straits Time Razor TV  and Asiaone on topics like Feng Shui at Marina Bay and Dragon Year Chinese Zodiac Forecast.  You can find out more about him at www.destinyasia.com.sg.    

 

Andy Yew graduated from the Royal Melbourne Institute of Technology University with a Bachelor in Business (Economic and Finance). He started trading equities since 2005; during his early trading days, he had a lot of setbacks and realised the importance of receiving coaching in trading. He is the founder of ART Stock Trading System– he began coaching in 2011 and has since conducted more than 100 seminars. Trading is his passion and his objective is to equip the retail investors with the right values and skills to invest successfully in the stock market. He joined Phillip Securities as a remisier in 2010, and was also awarded the “Top Newcomer 2010″ by Phillip CFD in the same year. Besides being a columnist at ShareInv.com Andy also actively blogs on stock analysis, you can check out his market view at www.andy-yew.com

S&P US Stock market outlook

Previous Post: http://www.andy-yew.com/2013/12/us-market-outlook.html

In our previous post on SPY we see that there is further upside in the US market, congrats to those who followed us and traded the US market SPY is now 183.85( S&P index 1842.02). Currently RSI is close to 70, this is a sign to warn us on profit taking but not to be too worry if the price is still making new high. When price make new high, it is sign that people are buying. Just to be careful on the downside risk when it is coming down, it is time to mark your trailing stop and focus on profit protection.

Some Success by my Student in Recent trade using ART System

Dear friend, i believe many of you have been disheartened by the recent boring market. The Market is actually still good as there is still many good trend to be spotted. Below are some encouragement for you, showing the ART of riding trend, the market have been doing well for our student as we have been working hard on spotting good trending stock. 

One of our student gain 55% on Otto Marine.

On 18 December afternoon SIIC was spotted at 0.138, before breakout occurs

Current price of SIIC is 0.183, if followed our plan, now is 32% gain. These are trades which is done by full time trader. If you want to know more about our program for full time trader, pls drop me a message here.

US market outlook

S&P is above 1800 again, currently close 1810. SPY is the Exchange Traded Fund you can trade in NYSE that track the S&P500 index. Currently SPY is above 10ma and 20ma, for the past few occassion, SPY show good sign of uptrending when price is above the 20ma however some may see that it is facing the resistance now but if SPY is on an uptrend, resistance is always broken (if you see the past few breakout). A better sign for profit taking could be looking at the RSI (14days), currently RSI is showing 60, there could be further upside for the US market. Risk is a stoploss if price close below 1785.

HKSE stock chart Kingsoft Corp 3888.HK

Since early this year, Kingsoft corp has been on an uptrend, year to date already up more than 400%, previously our system spot a risk of trend change in Novemeber and trigger a sell signal, however the stock only go sideway. Currently we see that the price has gain back strength. There might be possibility that this stock will continue its uptrend. In anycase if price go in the unfavorable direction, we will be looking at $19.50 for a stoploss.

Below are Analyst recommendation from Phillip research house.

Kingsoft  – Strong 3Q results, “Buy” rating
Recommendation: Buy
Previous close: 20.60
Fair value: 24.08

• 3Q2013 business results: Kingsoft (KS) presented a strong quarter result; with a reporting revenue of RMB 551mn, up 11% QoQ or 51% YoY. Online game business generated RMB 271mn in revenue (up 28% YoY or flat QoQ) while application software business expanded 78% YoY (or 23% QoQ) to RMB 270mn. The operating profit for the first three quarters cumulated to RMB 504mn, representing a 64% YoY increase.
• Mobile games business review: Mobile games segment contributed 8% of KIS revenue in 3Q13, with around 400 games on the company’s mobile game platform. With the company started monetization of its mobile user traffic, management sees potentials in mobile advertising revenue in future.
• WPS business review: WPS business is also an important part of KS’s business. Securing big corporate contracts helped revenue from this sector rose 37% QoQ to RMB 78mn, accounting for 14% of its revenue in 3Q13. In addition to the guidelines from State Council instructing the usage of legitimate software, KS, being a leading office software vendor, is expected to benefit largely from the policy.
• R&D as a significant cost component: R&D costs for 9M2013 rose to RMB421 mn, which is already 9% higher than the total R&D cost in 2012 (RMB 385 mn), representing 28% of total revenue. With its large investment, the 9 mobile games currently under development might further boost the revenue.
• Valuation: We give a target price of HK$24.08 based on a sum of parts PE valuation. By applying 10x PE on online game business and 41x PE on application software due to higher growth in the business.

Click here to download for the report.

Singapore Stock Chart OEL

OEL today show strength despite market weakness, price break above previous day high with Higher volume. We also see that the price have broke the resistance line, this is a good sign to tell us that the Uptrend is still intact. Currently price is also near the 20ma at 0.113, the 20ma is good indicator for a trailing stoploss if one had entered this stock.

Free Seminar: What are the Hong Kong and Singapore Stocks to look at NOW?

FREE Hong Kong & Singapore Stocks Seminar this week, 

we will share with you:

1) Where to PICK STI stock when it bottomed
2) Stock analysis with the NEW ART SYSTEM
3) Strong Singapore and HK Stocks that will Rally after the Correction

Date: 19 Dec 2013,  Thu (English Seminar) 

Time: 7pm - 10pm

Venue: 

141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light

Speaker: Andy Yew (ART system Founder)


To register pls click here 

or SMS <Name><Email><HP><Date><Number of seats> to93676623

S&P up 0.62% onMonday

S&P up on 0.62% Monday, we see that currently price hit the 10days SMA and 20days SMA resistance. Until we see the price close above 10ma or 20ma, then we will be bullish on the index. Long stock that is stronger than the index will be the good practice at this junction.

Hong Kong Stock Chart: HC International 08292.HK

HC international is a Uptrending Hong Kong counter, already up near 400% this year. There is no sign of trend change yet but many healthy correction, only when we see it break the support at $9.80 and $9.30, we will be worrying about going down. Currently price just bounced off the $10 psychological support, we see good opportunity of entry at this level with stoploss place at 9.20

Hong Kong Stock Chart: 3323.HK China Building Material Co

Hong Kong Stock Chart: 3323.HK China Building Material Co

This stock seems to trend quite well, fit our objective to find a good stock and ride on the wave. In nov 2013 the price breakout of consolidation zone with high volume and follow through with a rally. This few day price fall as market is bad, current support level can be seen at HKD$8.12, our Buy zone are between 8.12 and 8.42. After entry stoploss can place at $8.03.

CSE Global - Bullish setup

Despite Market weakness, CSE global still hang on to price near 52wk high, above 10ma, 20ma. Current pattern is consolidating, awaiting for a breakout. Good setup with stoploss below 20ma 0.995

Will STI show reversal soon?

For the past 5 trading session, STI was UNEXPECTEDLY down for almost a 100point, I am glad to say we are just in time to send out the SMS to our client last Wednesday when market start to fall, asking them to REDUCE their long position as STI break support.

Below is our SMS in Sept 2013, when market is BOTTOM, we will inform you*

As we have got out at the right time again! I am actually excited to pick the next LOW point of the market, many have already seen how we pick up Stock Right at the Bottom when during the STI September Correction. Opportunity is here! We are going to do it again!

In our Seminar this week, we will share with you:

1) Where to PICK STI stock when it bottomed

2) How to use the NEW POEMS 2

3) Stock analysis with the NEW ART SYSTEM

4) Strong Stocks that will Rally after the Correction

Date: 12 Dec 2013, Thu (English Seminar)  7pm - 10pm

Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light

Speaker: Andy Yew (ART system Founder) 

To register pls click here 

or SMS <Name><Email><HP><Date><Number of seats> to 93676623

STI remain Weak on Tuesday

STI mid day down 10.56 to 3103, STI remain downtrending in short term but however the drop has slowed down as price stop making new low(base on current chart), if price break 3098 this will be sign of further weakness. We are now at a crossroad, lets see where big boys want to bring us, if they want to have a Green Christmas today and tomorrow will Buy UP above 3127, if they want a RED Christmas then we will see the break of 3098.

S&P remain Strong above the 10sma and 20sma, though it is near the previous high resistance, there is no sign of turning down yet. US market is still strong, continue to ride the wave~

HKSE Chart- Playmate Toys 00869.HK

Playmate Toys 00869.HK could be one stock we can take a look now, this stock has been going up since May 2013 where it was just HKD$0.60 till today HKD$3.23. Currently we see that it is tradeable as it is near the support at $3.00, If enter now at $3.23 stoploss can place at $2.97, targeting around $4.00

Trading Hong Kong Share with Poems

ShareInv Post on RafflesMg

Raffles Medical Group is one of the stock that is still in the positive territory despite STI going down by 32 points by Thursday afternoon. This chart is interesting because of two reasons. Firstly, for the past two weeks, the 40-day moving average has held up well as a strong support for mid-term. Secondly, yesterday’s price action showed the “strength” of this stock.

Chart On Raffles Medical Group

In my opinion, stocks that move higher in spite of declining broader market, show that they are “stronger” and unaffected by bad market sentiment. Hence, if the market turns higher, these “strong” stocks have more reason to go higher. Moreover, traders also need to take note that the immediate support is at $3.12. Do set a stop-loss if the price pierce through this level. The immediate resistance is at $3.25; short-term traders will likely take profit at this level.

Did you trade Ezra?

http://www.andy-yew.com/2013/11/ezra-buy-setup-follow-up.html

Base on previous Trade plan, we place the Initial Stoploss at 1.265 was not triggered. Price finally moved higher now, congrats if you have caught Ezra, What we do now is to place the stoploss at Breakeven with the 10SMA as a trailing stoploss line.

Want to know how we pick up good trades? What are the Singapore stocks to BUY and SHORT in this December market?

十二月份 可以买或卖空的股票?

Join us to know what Singapore stocks to watch out for!!!
Do recommend your friends to this workshop!

Date: 5 Dec 2013, Thu (English Seminar)  7pm - 10pm

          6 Dec 2013,  Fri (华文讲座) 7pm - 10pm

Sharing on
1) Spore Stocks that are trending upwards that you should take note of
2) Spore Stocks that did well for earnings
3) Spore Stocks that are giving good dividends
4) Spore Stocks that are suitable for short term trading
5) Spore Stocks that are defensive plays

Plus we will be providing analysis on your stocks!

Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light

Speaker: Andy Yew (ART system Founder) 

To register pls click here 

or SMS <Name><Email><HP><Date><Number of seats> to 93676623

Can you make money from MLM company NuSkin?

Can you make money from MLM company NuSkin? Yes! of course you can if you have bought the Share anytime from the start of the year(around $35) and now it is $125, up more than 238%.

At current junction, if you have already holding this stocks with big profit, a stoploss price should be place at $114,adjust the stoploss higher if price break above $130

For those who want to buy this stocks, it will be better to buy on dip, if price fall between our buy zone at $115-117


Latest News on NuSkin

• 11/25/2013  |  TheStreet.com
  Nu Skin (NUS) Hits New Lifetime High
  Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
• 11/22/2013  |  PR Newswire
  Early Morning Insight: Hasbro Inc., Nu Skin Enterprises Inc.,...
  Early Morning Insight: Hasbro Inc., Nu Skin Enterprises Inc., Westport Innovations Inc., and Titan Intl. Inc. Editor Note: For more information about this release, please scroll to bottom PR Newswire...
• 11/21/2013  |  Associated Press
  Nu Skin issues strong 2014 outlook
  PROVO, Utah (AP) - Shares of Nu Skin Enterprises Inc. rose on Thursday after the seller of skin care products and nutritional supplements issued a guidance for 2014 that was well ahead of current...

HKSE stock - Luk Fook Holdings Near Support

Luk Fook is probably one of the most trending stocks right now in the market, currently short term is still near support at $28, stoploss can place at $27.50

Latest News: HSBC hiked LUK FOOK HOLD (00590.HK) 2014 turnover forecast by 3% as previous earnings forecast was too low. The broker also raised LUK FOOK HOLD 2014 net profit forecast by 18% on the company's increased profit margin from 18.3% to 20%.

HSBC lifted LUK FOOK HOLD target price from $26.8 to $31.6, representing 11.3x to 2013 P/E forecast. The broker rated Neutral on the company.

Click Here on How to Trade Hong Kong Shares with POEMS

ShareInv Article: CapitaMalls Asia Ready For Rally?

CapitaMalls Asia closed at $2.02 on Wednesday, 27 November 2013. Price for the short-term trend is going sideways due to the poor market sentiment; price consolidation was seen between $2.00 to $2.08. In terms of mid-term trend, CapitaMalls Asia’s share price has stopped falling below the 50-day moving average (as indicated by the green line), with strong support at $2.00.

Chart On CapitaMalls Asia

CapitaMalls Asia seems to be in a tradable position as risk is low, even if we do cut loss in the event when its share price falls below $1.985. Moreover, we see that prices have been reacting well with the 10-day simple moving average (as indicated by the red line). There is a good chance that the share might rally if its price manages to break above the 10-day moving average.

Boustead up 28% since our Call

Boustead up 28% since our Call

Boustead Trade higher today closing at $1.75, congrats those who follow our trade on this stock on our email. It takes a lot of patience to ride this trend, as I always say it just take 1 good trend to pay for all bad trades. What we do is Keep our losses small and let our winners run. What you should do now is place a Trailing stoploss at $1.65/$1.60 to protect the profit.

Below is our email sent in July, price was just $1.37 till tpday its up for a good 28% run! Want to receive this in your mailbox? Just have to fill up this Form

Want to know how we pick up good trades? What are the Singapore stocks to BUY and SHORT in this December market?

十二月份 可以买或卖空的股票?

Join us to know what Singapore stocks to watch out for!!!
Do recommend your friends to this workshop!

Date: 28 Nov 2013, Thu (English Seminar)  7pm - 10pm

          29 Nov 2013,  Fri (华文讲座) 7pm - 10pm

Sharing on
1) Spore Stocks that are trending upwards that you should take note of
2) Spore Stocks that did well for earnings
3) Spore Stocks that are giving good dividends
4) Spore Stocks that are suitable for short term trading
5) Spore Stocks that are defensive plays

Plus we will be providing analysis on your stocks!

Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light

Speaker: Andy Yew (ART system Founder) 

To register pls click here 

or SMS <Name><Email><HP><Date><Number of seats> to 93676623 

Free Singapore Stocks Seminar

Are you holding on to the strong stocks or Weak stock? Below are some of the strong stock that have potential to rally, strong stock always get stronger, weak stocks get weaker.  Knowing which are the strong stocks will give you the advantage of winning the the market. We will show you how we get this list in our upcoming seminar. 

What are the Singapore stocks to BUY and SHORT in this November market?

十一月份 可以买或卖空的股票?

Join us to know what Singapore stocks to watch out for!!!
Do recommend your friends to this workshop!

Date: 21 Nov 2013, Thu (English Seminar)  7pm - 10pm

          22 Nov 2013,  Fri (华文讲座) 7pm - 10pm

Sharing on
1) Spore Stocks that are trending upwards that you should take note of
2) Spore Stocks that did well for earnings
3) Spore Stocks that are giving good dividends
4) Spore Stocks that are suitable for short term trading
5) Spore Stocks that are defensive plays

Plus we will be providing analysis on your stocks!

Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light

Speaker: Andy Yew (ART system Founder) 

To register pls click here 

or SMS <Name><Email><HP><Date><Number of seats> to 93676623 

Fast Fact on STI, Stock near Support?

Fast Fact on STI

• Thursday Morning STI had a sharp down by about -25point, later in the day it pull back to -11.85point, closed at 3172
• Finally we see some excitement, activities are back. We shall see stock giving us the direction very soon.
• Mid term - We are in a range bound market, Sideway. Until we see a break below the support 3163 or break above resistance 3235.
• Currently STI is below 10days moving average, this to me is Downside bias.Unless price break above 10SMA, then i will be bullish
• Current strategy is Long Strong Counter, Short Weak counter.
• Commodities still strong, Indoagri, GoldenAgri, Wilmar, FirstRes, NOBLE GRP
• Property still Weak, Blue Chip dividend stock weak.

 Beside commodities below are some stock that is near support level, if market is good this 2 might be moving

Osim, previously broken 52week high, now pull back near support level. Support at $2.11

F&N, previously uptrending, now going narrow Range, support at $5.70

Are you getting the Stock Market Auntie Syndrome?

Many times we encounter investors that come asking,(Auntie) how is my stocks? Where is the market heading? Do you think will there be a next QE coming? Interest rate hike? What do you about Genting SP, Noble Group? Cosco? My Cosco Jialat leh, buy at $2.00 one.. etc..

When you need to know what is happening next, you are actually lacking of a Strategy of entering and exiting. You need to find a Strategy that fits you!

Auntie: Cannot Cut loss la, lose a lot money leh if i cut loss now!
To cut loss or not? Even fundamentalist do have cut loss, you have to understand that no system work 100%. Losing is part of the Game. To win is game, is just to have Big Win and Small Loss. But most people in the market tend to have Big losses and Small gain. This is natural human behavior, market is design to beat you in this way. You have to decide your Risk management strategy. Most successful trader don't risk more than 1% of their portfolio in each trade, this manage the risk of Ruin, black swan, fat tail event that will blow up your account!

Auntie: Aiyo! This Cosco is "My FRIEND" give one!
RESPONSIBILITY!!
Always remember this! Nobody cares about your money more than yourself, you have to justify using your strategy whether this trade fits you. What I learn from great traders is, they dont follow other people. If you want to become better, you have to try catching the fish by yourself

Auntie: So how now? Cut or Dont Cut?
No Comment. =.=||||

Do you have what it get to be a Profitable Trader?

•Weapon?

1.Stock Cash Account – Long position, Intra Day Naked Short, Contra Trade

2.CFD account  - Trade STI index, Shorting and Leverage Power

3.Stop limit order

4.Trading System to Enter and Exit

5.Cut loss, let profit Run. Add position to winners

6.Backtesting to build confidence

7.Money management Template(Keeping records)

8.Mentor groups

9.Stock Scanner

•Defenses

1.Trading Plan

2.Perfect Execution (Entry and exit as planned)

3.Money management, Risk per trade, Position Size

4.Patience, wait, don’t overtrade

5.Emotional Control

6.Stock watchlist (Monitor your stocks daily)

7.Plan B(What to do if market suddenly Crash?)

Feel free to contact us if you have any enquiries.

Learn How to Short Stock and Index here

Are you Catching the Commodities Run?

One of the most obvious things happening in Singapore stock market is probably the Commodities Stock going Higher. We know.. many people will say "thats too high to chase", but that depends on what timeframe and what strategy you are using. Nevertheless, buying the strongest sector is always what we do, and now we see commodities sector is "still" the strongest, we should own at least 1 or 2 counter in this sector. (GoldenAgr, IndoAgri, FirstRes,Wilmar,

Looking at the Chart of GoldenAgri, we saw the price break out of the 0.58 Resistance and now falling back to 0.585. Stronger support at 0.56, Short term Target 0.63 

IndoAgri previously breakout of resistance at 0.91, making the new high of recent 3month is a sign of a confirm uptrend, current a good entry will be at 0.915 with as the resistance turn support is at 0.91. Stoploss can be place at 0.895. Short term Target $1.00

Ezra - Buy Setup follow up

If you have followed our previous post correctly, you should not have entered on Ezra as the Entry price was not triggered.
http://www.andy-yew.com/2013/11/ezra-trading-buy-setup.html

With the Rise on last Friday, many people could be pondering what is going on now? The likelihood should be Big boys are re entering the market after sell off. Does your Strategy (i know not many people have strategy) have a Re entry setup? Meaning after you sell off, when do you buy back if it is still good?

We see if Ezra price is above 10SMA = Still good, Price Up on Friday means this stock is stronger that the rest of the stock that dont move, hence with the positive market sentiment an uptrend continuation trend is possible for Ezra.

Setup looks like this:
Entry $1.33 on Monday Morning
Initial Stoploss = 1.265
If price rally use 10Sma as a trailing stop indicator. If price CLOSE below 10sma (end of day), we will sell on next trading day.

5 Fast Fact on STI Chart

5 Fast Fact on STI Chart

1. Four Trading days ago, STI gap down after a sideway trend support at 3200, this is telling us we "might" be going down further
2. Today STI make a Lower Low than previous 3day, This somewhat confirm the Short term we are on a downtrend and there is no sign of reversal yet. Unless STI close above 3185 in next few day, then "maybe" we have chance  for a rebound.
3. For the past few trading session, we saw a lot of sell down on Good blue chip counter. E.g ST engg, SATS, Starhub, Capitaland. This is something crazy isn't it? Seems like fund managers are throwing towels!
4. Today even Strong Mid Cap are falling and some closed below 10SMA, this probably tell us the strong stocks going for a Break, for a while as market dont look so good. In simple term, A correction could be coming, is time to put on your safety belt or practice some Shorts.
5. We called on Profit taking at 3209 in our Previous post, now we know that is really where the Big Boy's exited. http://www.andy-yew.com/2013/11/sti-sideway-profit-taking.html

Want to know more about the market or how u can be a better trader? Check out our up coming seminar below!

Free Singapore Stocks Seminar

What are the singapore stocks to BUY and SHORT in this November market?

十一月份 可以买或卖空的股票

Join us to know what Singapore stocks to watch out for!!!
Do recommend your friends to this workshop!

Date: 14 Nov 2013, Thu (English Seminar)  7pm - 10pm ***Cancelled

           15 Nov 2013,  Fri (华文讲座) 7pm - 10pm

Sharing on
1) Spore Stocks that are trending upwards that you should take note of
2) Spore Stocks that did well for earnings
3) Spore Stocks that are giving good dividends
4) Spore Stocks that are suitable for short term trading
5) Spore Stocks that are defensive plays

Plus we will be providing analysis on your stocks!

Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light

Speaker: Andy Yew (ART system Founder) 

To register pls click here 

or SMS <Name><Email><HP><Date><Number of seats> to 93676623

ThBev - Consolidating with downside potential

ThaiBeverage, Currently sideway consolidation. However it is below the 10SMA, 50SMA and 200SMA. Facing the heavy resistance seems that it is easier to go lower level than higher level.

Can consider to trade break support if STI is weak.

Short Entry at 0.51
Initial Stop 0.545
Target 0.455
Timeframe 2-3weeks

However if it break upside resistance above 0.560, a potential uptrend could be seen, we will look for long entry.

Ezra - Trading buy setup

Ezra currently is on an upward trend, price have consistently stayed above the 10 simple moving average. This could be a possible breakout trade, Ezra will be bullish bias if price break above $1.37, bearish if price close below 10SMA, around 1.32.

Entry: 1.37
Initial Stoploss $1.32
Timeframe: 1-3weeks
Target $1.49

Lessons learned from Quotes of Famous Guru

Few things i learned from the Guru's quote that i think if anyone who is want to make money in trading should follow.
1) Managing Risk, especially Risk of Ruin
2) Have a plan to Win, if you dont plan for yourself, you will fall into other people's plan.
3) Follow the Trend, almost all the successful and consistent trader trade trend.
4) Controlling Emotions, Ego, Anger, disappointment, Sadness, Anxiety... etc, All good traders go through these..
5) Learn how to win big by adding to your Winner


“I have two basic rules about winning in trading as well as in life: 1. If you don’t bet, you can’t win. 2. If you lose all your chips, you can’t bet.” - Larry Hite

"If you diversify, control your risk, and go with the trend, it just has to work." -Larry Hite

“It’s all about sticking to your plan and experiencing feelings as they arise. If you are unwilling to feel your feelings, the temptation is to avoid them by jumping off your system.” -Ed Seykota

"Don't be a hero. Don't have an ego. Always question yourself and your ability. Don't ever feel that you are very good. The second you do, you are dead." -Paul Tudor Jones

"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." George Soros