Cogent

Today, when I opened my trading account, 90% of the counters in my watchlists are red. It has been many months since I last saw this. However, most of the counters' selling volume are low.

STI may reverse in the near term. Those having positions, tighten your stop loss.

Cogent is one of my favourite stock to trade. You can enter this stock again if you miss it previously.

Entry : Stop buy @ $0.48
Exit : Stop loss @ $ 0.45


Note - Those who miss China Gaoxian can enter again tomorrow
            Take note of Jes and LCD Global.

China Gaoxian

1

I love this stock. Trading this stock is like riding a roller coaster, it gives me an adrenaline rush.

For those who missed the trade on China Gaoxian which I posted on 24/6/2014, today there is an entry signal again.

China Gaoxian may be forming a bullish pennant and attempting a breakout. It is well supported at $0.048.

Entry : stop buy @ $0.052
Exit : stop loss @ $0.046


NOTE : Do watch out for Jes and Ezion.

LCD Global

For those who don't like penny stock or prefer a less volatile trading, this stock is for you !

A nice trendy stock and the price action is getting faster.

Enter : stop buy @ $0.31
Exit : stop loss @ $ $0.275

IP Man 1 vs 10 - Woman version

It is Friday evening again. Time to relax ourselves and take a break from stock trading.

I will resume my post again on Sunday evening and hopefully more people will make money again on Monday.

In the meantime, enjoy this short video below and have a great weekend ahead !

GuocoLeisure

What a nice trendy stock with huge buying volume !
Do I have to say more ?

Entry : $1.16
Exit : Stop loss @ $1.08


Note: Today CWT and Great Eastern are up which I posted yesterday.
          Congrat to those who take profit on China Gaoxian today. It is still supported at $0.047.

Jes

Jes may be reversing its downtrend. As shown on the chart, the selling had stopped and people started accumulating this stock since 22/4/2014.

There is a resistant at $0.116

Entry : $0.105
Exit : Stop loss @ $0.086

Great Eastern

This is my Company's stock. It has great fundamental and technical aspect. Today, the buying resume again after resting for 1 month.

Great Eastern is the largest Insurance Company in Singapore and one of the largest in Malaysia. This stock is usually included in the top 10 holdings in Unit Trust funds that invest in Singapore Equity. You can read more about this company here

You can invest in this stock for long term. Don't trade it because the price action is very slow.

Entry : $22.01

CWT

For those who have missed the entry for this stock previously, you can enter again tomorrow. Today the buying volume is decent.

Entry : $1.74
Exit : Stop loss @ $ $1.63

China Gaoxian

Have you entered China Gaoxian today which i posted on this blog yesterday? Today it broke out of the resistant level at $0.048 with huge volume. But there is a big price rejection from $0.054 to $0.05.

For trader, tomorrow you can close your position if the profit is good.

Today, a few S-chip also broke out with huge volume. There may be a sector rotation to s-chip play. You can keep them under your watchlist to monitor.

China Bearing, China New Town, China Taisan.

China Gaoxian

From the chart, the selling had stopped and the buying volume had started since 2/2014.

The BBs have started to accumulate this stock since 16/6/14.

You can either trade or invest this stock.

Entry : $0.049
Exit : stop loss @ $0.039 for trader
         stop loss @ $0.029 for investor

Unionmet

This is a penny stock. The BBs had stopped their selling. Buying volume started to pick up.
For short term and intraday trade only. Exit the buy position manually once your profit is good.

Entry : $0.067
Exit : stop loss @ $0.055

Have you caught United Envtech ?

I posted on 18/6/2014 about this stock and its entry and exit criteria. Did you trade or invest in it?

Today, it shot up again 4% with high volume. This stock still got more room to run.

For those who caught it, just shift your stop loss daily to the previous day's low and ride the trend up.

For those who miss it, you need to wait for another entry signal. I will post the signal again if it is available.

From the chart, it clearly shows that people already knew the news and started buying into this stock since 26/5/2014 as shown by the increasing buy volume since then.

This is how powerful technical analysis is. It gives you the exact buy and sell entries.
Today, financial markets move very fast. You need to master this knowledge to derive an eternal source of income to combat the ever rising inflation rate or to build your wealth.

Next stock to watch out for are Ezion, HKland. Blumont and Gold.

Gold - Today I switched all my client fund to Unit Trust fund - Schroder Alternative Solution Gold and Precious Metals A SGD Holding to ride the increase in gold price.

Blumont - waiting for breakout at $0.071

Ezion - waiting for break down at $2.06

Death of the US Dollar

This must watch video by Michael Maloney is about the collapse of the US dollar. Michael Maloney has done extensive research on Currencies, Gold and Silver. He revealed shocking statistic regarding the US dollar. Recently, increasing number of countries around the world are abandoning the US dollar as the standard currency in their international trade which lead to US dollar flowing back home and elevate its inflation rate.

This may be one of the factors which led to higher inflation rate in US in recent months.

Higher inflation rate will cause the US Fed to taper faster and increase the interest rate sooner than expected.
This may cause the US stock market to come down.

This could be one of the reasons why gold and silver rallied the last 2 days.

I wonder what will happen to US if QE1 to QE3 amount of dollar all flow back home!

Note that this is a fundamental news. We still trade and invest according to the chart. The chart moves, we moves!

Ezion

From the chart, it shows the institutions (BBs) are not holding on to this stock and there is a double top formation. There may be a big plunge coming. watch for it !

Entry : short sell @ $2.06 using CFD a/c
Exit : $2.17

HongKongLand USD

HongKongLand had 2 sell down bar with high volume. This stock may be starting its downtrend soon.

Entry : Short sell at $6.58 using CFD a/c
Exit : $7.00

Gold - Exploded

Gold exploded and shot up through the rooftop yesterday a few hours after I posted on this blog that it is forming a double bottom according to my Unit Trust Investing System. This is how good my system is.

Currently, gold is being supported and bought up by the institution (BBs). Yesterday, the buying volume for spot gold and silver were huge.

You can enter again to buy gold or silver after a retracement. They still have a lot to run.

CWT

CWT is a nice trending stock to trade with high volume. After a pullback, it looks to resume its uptrend again

Entry : $1.725
Exit : Stop Loss @ $1.63

Gold

According to my Unit Trust Investing System, gold is forming a double bottom with a low risk level. The previous lows was at 1200 in 6/2013 and 12/2013. The last higher lows was at 1240 formed on 3/6/2014.
There is a resistant at 1305.

Fundamentally, gold is going up due to the turmoil in Iraq, the dispute in south china sea and the all time Market highs of US and European Market.

Currently, I am investing in gold and silver for the mid to long term as I feel that they have reached the bottom.

You can capitalise on this information by investing into a gold Unit Trust, ETF or spot gold ( XAU/USD).

SIIC Environment

SIIC Environment is a good fundament stock to invest in. After 4 months of retracement, it is starting to resume its uptrend again with good volume.

Entry: $0.171
Exit : Stop loss @ $0.147

Blumont

Blumont is a mining stock. It is starting to reverse its down trend after 8 months of sell down. Huge volume seen in the last 2 weeks. A good stock to trade or invest in. One can also do intra trade on it, since this is a penny stock.

Entry : $0.071

Exit : stop loss @ $0.056

High Cost of Living and Casino Fuel Singapore Pawnshop Growth

There is an article today at bloomberg that attributed the proliferation of pawnshop in Singapore to the high cost of living and the 2 casino.

I feel sad for those who has pawned their valuable just to gamble at the casino. The probability of winning at casino is very small because the house always wins.

If these people had learnt the skill of trading or investing, they would have used the money to trade or invest wisely which have a much higher probability of winning. Their financial condition would be in a better state.

As mention in my blog yesterday, high cost of living in Singapore is a factor which motivates me to give information on good stock to trade and good unit trust to invest in so that more people can earn extra income to combat the high inflation rate - the ever increasing price of daily food essential, housing and our CPF minimum sum scheme, etc.

Do recommend your friend, relative and colleague to this blog so that they can benefit from it as well.

You can read more about the article below.

www.bloomberg.com/news/2014-06-17/rolex-for-casino-cash-fuels-singapore-pawnshop-growth.html

I am back!

Hi everyone! A bit of update here. 2 years ago, the reason i shut down this blog was because i decided to devote more time to develop my own system to trade the financial market.

Today i have succeed in developing my own system to trade the stock, index and currency markets. I also developed a system to invest in the Unit Trust.

Today, the market move very fast and i believe Unit Trust investment will be the next financial instrument used to build our wealth in a safe and fast manner. It can helps one to capitalise on any opportunity arising from crisis from any part of the financial market instantly. I will show you the merit of Unit Trust in this blog.

I decided to continue to blog again because of  INFLATION. It is everywhere, local and overseas. I will provide information on good stock to trade and invest so that you will be able to grow your trading account or earn some extra cash to offset the high cost of living in Singapore.

Hope that the information shared on this blog will help many people in their financial journey to success!

United Envtech

United Envtech have resumed its uptrend after a two month pullback. Today it broke the resistant of $1.365 with high volume. Now is a good chance to enter this stock and ride the uptrend again.

Entry : $1.415

Exit : stop loss @ 1.29

Cogent

Cogent is a super nice trending stock with healthy volume.

Entry : $0.485
Exit : stop loss @ $0.43