Month: June 2013

Trading Journal As of 21 Jun 2013

Posted on

Here is this week’s update.

Short Position (Stopped Out)

First Resources Ltd  (SG)

First Resources Ltd - Exited Short When Red Line Was Broken

First Resources Ltd Daily Chart

Trade was entered at $1.81 and exited at $1.875. Overall a losing trade.

Only long trade for Rowsley Ltd still remain open. This is still a volatile and bearish market. Stay out of the market if possible as there are few long opportunities yet the short positions are easily stopped out. Choppy, choppy, choppy…….

 

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Trading Journal As of 14 Jun 2013

Posted on

Here is this week’s update.

Long Position (Stopped Out)

Sino Grandness Food Ind Gp Ltd (SG)

Sino Grandness Food Ind Gp Ltd - Exited Long When Red Line Was Broken

Sino Grandness Food Ind Gp Ltd Daily Chart

Trade was entered at $1.04 and exited at $1.40. Overall a very profitable trade.

Short Position (Stopped Out)

Golden Agri-Resource Ltd (SG)

Golden Agri-Resource Ltd - Exited Short When Red Line Was Broken

Golden Agri-Resource Ltd Daily Chart

Trade was entered at $0.555 and exited at $0.58. Overall a losing trade.

Short Position (Initiated)

First Resources Ltd  (SG)

First Resources Ltd - Entered Short When Red Line Was Broken

First Resources Ltd Daily Chart

Trade was entered at $1.81.

Only long trade for Rowsley Ltd still remain open. This is a volatile and bearish market. Although the STI rebounded on the last day, will it drop any further?

 

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Trading Journal As of 7 Jun 2013

Posted on

Here is this week’s update.

Long Position (Stopped Out)

Low Keng Huat Ltd  (SG)

Low Keng Huat Ltd - Exited Long When Red Line Was Broken

Low Keng Huat Ltd Daily Chart

Trade was stopped out due to ex-dividend of $0.045. Trade was entered at $0.72 and exited at $0.69. Overall a scratch trade.

Short Position (Initiated)

Golden Agri-Resource Ltd (SG)

Golden Agri-Resource Ltd - Entered Short When Red Line Was Broken

Golden Agri-Resource Ltd Daily Chart

Trade was entered at $0.555.

Long trades (Rowsley Ltd and Sino Grandness Food Ind Gp Ltd) are still alive.  Current market condition is still very weak. Will it rebound?

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