The market is not an easy game to play. It looks easy, it sounds easy, but the truth is the market is made to benefit the professional. That’s why it is so difficult for us to lose.
Look at all the DO’s and DON’Ts of trading in any market reveals some of the fairly simple rules [...]
Archive for August, 2008
Trading Tips: TOP 10 Trading Rules
Posted by David Kong in August 1st, 2008
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Posted in: Trading Supports
Bursa KLOFFE - Today’s Plan..
Posted by David Kong in August 1st, 2008
Posted in: Bursa KLOFFE
KLOFFE gapped down due to the poor performance of DJIA yesterday. The performance was expected due as it met the 11600 resistance. it is holding at the 1140 level. Will be observing for the first hour. If the price has broken down to 1140, a short position will be taken.
Daily Pivot Points
Support 1: [...]
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- Bursa CPO - Possible Reflection Point
- Bursa CPO - This is the reflection point
- Bursa CPO - it is just too weak…
- Bursa CPO - lossing strength..
- Bursa KLOFFE - Still looking at short
- Bursa KLOFFE - Down Trend if break 1800
- Will be back…
- Bursa CPO - STOP LOSS still intact..
- Bursa CPO - Trail STOP LOSS to 1837
- bursa CPO - Stopped out! Turn SHORT!
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David Kong