Wednesday, October 31, 2018

DBS - Entry 23.20

Entered DBS earlier with the team at 23.20 and the stock just continue to climb higher and higher as each hour ticks. The market was very bullish today and hence the blue chips would move first with the overall market. If I would watch the market yesterday, I would have taken a position yesterday instead and wait for the gap up today and then sell first and look to long back again with 2 rounds of profits but unfortunately I was giving a talk in Malaysia. DBS has super beautiful chart setups which exhibits bullish behavior earlier at 1.20pm when I gave a call to my other team. The stock rose and most went long. Congrats all!

Update: 31/10/2018, 5:10pm

DBS closed strong at 23.47!! Let's see what happens tomorrow.

Ronald K - Market Psychologist - A Stock Market Opportunist

Hong Kong Index - Trading with Volatility

I was having a talk in Malaysia yesterday and I was sharing with this lady who asked if my strategies worked in other markets. I told her so far we traded Singapore, USA, Hong Kong, Germany, Forex, etc.. and hence it shall work universal. Upon hearing it, she was so happy that she could use one strategy and applied it at different markets and I was pleased she trust my skills and strategies. Just earlier I received another Hong Kong Index trade records from a student who made like $1500+ and it was so impressive that he also made $600 trading the Simsci futures in the CFD. Hence, with all these records, I am proud to say that I am confident my strategies will work in all instruments if you applied it correctly. On the way home for now. It's going to be a long tiring journey.

Ronald K - Market Psychologist - A Stock Market Opportunist

Alpha Energy - Turned Up Again

As highlighted Alpha Energy bearishness on Monday to look to lock in short term profits first since the sellers are coming in, I mentioned that I was waiting for some contra squeeze first before hoping in and indeed there was some squeezing the past 2 days while the stock really turned up today!

In fact, my earlier post was to lock in profits first, then put in your watch list while waiting for some squeeze to form and then look for collections to hope back in again.

Whatever it is, Alpha energy just turned up today which was quite calculated.

Ronald K - Market Psychologist - A Stock Market Opportunist

Top volume Movements - Moving Slowly

Stocks gap up today. The banks moved higher while some other blue chips started to have some movements instead of selling down. The question is can this rebound sustain? Like the last few rounds, many stocks rebounded but could not sustain and towards the end of day, most of them suffered selling with the overall market. Looking at how the market moves and how stocks react to the Dow Jones closing at +431 points last evening, it's just something not right at the moment. I believe the Dow futures hit the supply zone at the moment and hence it's cautious for most traders. I will watch first then decide my next course of actions.

Ronald K - Market Psychologist - A Stock Market Opportunist

Tuesday, October 30, 2018

Stock Operation Preview Malaysia - Final Talk for 2018

Just finished my final preview talk in Malaysia KL for 2018. The next time I fly there, it will be the actual course itself and not a preview. Today was a good day where so many of you made a trip to just come listen to my talk and here, I am appreciative for the effort and time taken just to drive down to come listen to my talk. So far, I already have close to 90 students in Malaysia KL and very soon I will be back to Johor for a talk.

After the upcoming official stock operation course at KL in Nov 2018, I won't be flying to KL soon where I shall put my focus more in the JB and Singapore market as I prefer to travel less and take a break from travelling. However, I will occasionally make a personal trip to KL just to give a private sharing and share more Malaysia stocks so as not to miss any good opportunities. Thanks all for signing my course and see you guys in KL for the course soon.

Ronald K - Market Psychologist - A Stock Market Opportunist

Cityneon - Privatized at $1.30

Cityneon just went privatized at $1.30 as the stock had been running in the background for so many months without moving to the Top Volume until today when the news was released.

Studied the chart and the signals were pretty vague but still there was this privatized news which was released after the few days of trading halt. The market looks mix today while most banks were down while some other counters were moving up. I am not sure what's happening but it's volatile for trading now.

Ronald K - Market Psychologist - A Stock Market Opportunist

Dow Jones - Reversal Plunged

Last night was one of the most volatile and unexpected reversal in the Dow Jones I had ever seen. It was all great and all green where the Dow moved +300 points and then all of a suddenly, wave and big wave of sellers came in and started to short sell and distribute the index where it started to have a reversal plunged and closed low with -245 points. I witnessed the whole process and the scary drop where the market was fearful and no chance for buyers to creep in.

I received a message from a student at 4.05am where he traded the UK100 and Germany30 and made 1.5% in the night off his trading capital. This student of mine just attended my course last weekend on the link below and he started to put his skills into use in the indices which is very impressive. As I said, the real $$ is in the night working on your craft and your day job is just to supplement your daily necessity. Congrats!

Ronald K - Market Psychologist - A Stock Market Opportunist

Monday, October 29, 2018

Alpha Energy - Sellers Came In

After almost 7 hours, the sellers finally came in for Alpha Energy. The stock had a small mini fake breakout in the 5 min chart that couldn't sustained where sellers started to emerge and went on to lock in profits as highlighted on my morning blog post earlier.

I need to wait for some contra squeeze now before hoping back again on this counter. For now, it pays wise to be vigilant and patience first.

Update: 29/10/2018, 10:14pm

Alpha Energy just sold down more during the last minute. Closed low at 0.159!!

Ronald K - Market Psychologist - A Stock Market Opportunist

Alpha Energy - Locking in Profits

Locking in profits for Alpha energy in the short term soon. The stock is strong but the overall market is tricky and hence since it just ran up, it might be a good chance to take $ off the table. Study the 5 minute chart, you will see mini signs of bearishness in the short term. I will put this stock in my watchlist for the next turn when it's ready again.

Update: 9:52am, 29/10/2018

Alpha energy came off 2 pips as unloaded. Let's see how far more it can drop first.

Ronald K - Market Psychologist - A Stock Market Opportunist

Top Volume - Market Rebounds

I am not sure why the market rebounded but it could be due to the demand zone increasing attracted buyers who think that the market at this level is cheap now and hence started buying. Many stocks gap up from their closing off from last Friday even the Dow was down -296 points. Suddenly most of the banks started to rebound too from last Friday's sell off and UOB is leading the charge. I am monitoring for good signals before buying.

Ronald K - Market Psychologist - A Stock Market Opportunist