Monday, April 30, 2012









20120430 5 min FKLI and FCPO...



Friday, April 27, 2012

I guess it doesn't matter how exorbitant the cost of trading is nor the volume traded for the week, what matters is the P&L turning out positive at the end of the week...



NQ futures up 0.6%...



Dax does not give a damn on S&P Spain ratings downgrade...







20120427 NQ futures triangle?



Thursday, April 26, 2012

Big moves in Yen & Nikkei after BOJ stimulates Japan economy by 10 trillion yen or $122 billion USD. Buying up Japan bonds in its' own QE



20120427 Aussie Dollar 60 min, the barometer of risk...



20121027 NQ futures 15 min.



20120427 FCPO 2 min, FKLI 5 min, both on downward track?



20120427 FKLI futures 30 min, . A box forms between 1570 and 1579...



Daily NQ futures





Wednesday, April 25, 2012



20120425 N futures 30 min, the Apple Inc (AAPL) effect...



FCPO





20120425 FCPO 2 min, reverses up after the divergence. Through the rise, one of the traders kept muttering "No movement la FCPO, cannot go up.... mau lit (no strength)". It is dangerous to make broad sweeping statements on price and its 'character'.



Tuesday, April 24, 2012

20120425 FCPO futures 2 min, it is time to sleep in the afternoon, after the Champs League escapades last night...



20120425 FCPO 2 min, a small 10 point 'box'....



20120425 FKLI futures 30 min, down trendline still dominates...



Monday, April 23, 2012

20120424 FKLI futures 30 min, you can call it 'The Italian Job' (in keeping with Eurozone crisis theme), but the first seconds of trading after the open saw over 1,000 contrats traded in a 9 point range....



NQ recovery but still 1% down...



NQ futures opens down...



Dax Index, down over two percent



20120423 FKLI futures 30 min, a down trendline is in place now...



Sunday, April 22, 2012

20120423 The ego is a big thing for institutional players, they have to be seen to be 'right' all the time. Local institutions have been net sellers these 1.5 months of KL stocks. It seems now they are hell bent on proving themselves 'right'...



20120423 FCPO futures rallies after breaking the 'box' last Friday....



20120423 FKLI futures 30 min, downtrend exacerbated by stops triggering below 1583 this morning...



Premier League: Man Utd draw, Man City close gap to three - ESPN Soccernet

Gap closes to 3 points...

httpe://soccernet.espn.go.com/news/story/_/id/1052579/premier-league:-everton-fightback-blows-title-race-open?cc=4716



Friday, April 20, 2012

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20120420 FCPO futures 15 min, breakout of the 'box'...



20120420 FKLI futures 30 min, closes near the bottom of the range...



Thursday, April 19, 2012

20120420 FKLI futures 30 min, boxed in the range 1587 to 1605, it is a battle to see who is 'right'. Everyday the foreign institution are net buyers, while the local institutions are net sellers of equities... both egos are on the line...



Asian stocks down on Spain fears, no sign for dax index to worry yet. Tell me a day that the markets are not worried about Europe...



20120419 My fello trader here says, "This market has gone crazy... one min up one min down. It has got to the stage that we dun believe the moves anymore..."



Wednesday, April 18, 2012

20120419 FKLI futures 30 min...



20120419 FCPO 15 min, breaks bottom support...



U.S. stocks lower on tech earnings, Spanish debt worries; Dow down 0.63% By Forexpros

http://www.forexpros.com/news/stock-market-news/u.s.-stocks-lower-on-tech-earnings,-spanish-debt-worries;-dow-down-0.63-232736



20120418 FCPO 15 min, unable to make upside headway...