Market Technician

I'll be part of the presentation team alongside Dr Van Tharp of Van Tharp Institute, Jerry Parker of Chesapeake Capital and Andrea Unger , a four time World Cup trading Champion for the Online Trading Summit event! We will be sharing insights with retail and private traders on trading strategies, designing systematic trading techniques and mastering trading psychology. I'll be demonstrating how retail traders can identify trading opportunities by applying Wyckoff Price Cycle and Wyckoff Method.  For FREE   Tickets , Click HERE . Online Trading Summit 10th to 16th September 2018 Registration Link: Click HERE

BUY OR BYE Though this was a short trading week but was an eventful one as we saw Elon Musk indicating of taking Tesla private to Turkish Crisis. And back to local market (Singapore), this week we too saw a significant technical event occurred on DBS chart. We observed that for the first in 20 months, DBS has fallen out of favour on the SG market. Using on our proprietary relative strength indicator, DBS's Relative Strength Indicator has traded below zero, under-performing the market .  The most recent two occurrence saw DBS went into a bearish bias after it traded below zero. Fund managers seeks Alpha to beat their respective benchmarks. Thus, when a stock under-performs the market, it only means either fund managers will be avoiding such stock or are already exiting/shorting the stock.  Either way, we'll don't want to be trading against them. As a retail/private trader, the RS Indicator helps us trade alongside with smart money .  In this instance, havi

Following our earlier post on trading alongside Smart Money. Tencent has traded as planned and in harmony with Smart Money. HKD29.00 or +7.8% gain in 8 days . I used to trade like a salmon, swimming against the current, trading against the smart money. Now, I swim with much less effort, alongside the current, alongside smart money .  Continue following us on this blog to learn the fundamentals of trading the markets.