Author: jooleng

Here is the update for this week.

All trades were stopped out. Urggh!!!! The CFDs short trades were stopped out due to the resistance being broken.

The EURNZD short trade was stopped out as the marketmarker had played dirty by meddling with the bid/offer spread.

It is best to stay aside for this current situation. I am now waiting for better shorting opportunites. I am a warrior. I never give up! Aho!!!

 

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Here is the update for this week.

Short Positions (Initiated)

Hutchison Port Holdings

Noble Group Ltd

Golden Agri Resources Ltd

Genting

 

 Short Positions (Stopped Out)

Wing Tai

Overall a profitable trade (see post)

SATS

Stopped out due to the rally.

EURNZD and Singapore Airlines Ltd short positions are still alive. Market has rally quite a fair bit. I am participating by shorting on the trendline break. Let’s see how these trades will unfold.

 

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Here is the update for this week.

Short Positions (Initiated)

EURNZD

Singapore Airlines Ltd

Short Positions (Stopped Out)

EURJPY

Overall a profitable trade (see post)

Indofood Agri Resources Ltd

Overall a profitable trade (see post)

Mapletree Logistic Trust

 Overall a profitable trade (see post). SATS and Wing Tai short positions are still alive.

Market is still in a downtrend. I am seeing the recent rally as opportunity for more shorts. Aho!

 

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Just completed T Harv Eker’s “ENLIGHTENED WARRIOR TRAINING CAMP”. Here is the update.

Short Positions (Stopped Out)

Wal-mart Stores Inc.

Short position for Walmart was exited as price has broken through the resistance.

The rest of the short trades are still alive (EURJPY, Indofood Agri Resources Ltd, Wing Tai, Mapletree Logistic Trust and SATs)

Recent price movement is on the upside. However, the trend is more biased to the downside. I am a patient warrior. AHO!!

 

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Here is the update for this week

Short Positions (Initiated and Exited Half)

EURJPY

Had entered using the trendline break. Taken partial profit by exiting half position.

Short Positions (Initiated)

Indofood Agri Resources Ltd

Shorted using trendline break.

The rest of the short positions (Wal-mart, Mapletree Logistic Trust, SATS and Wing Tai)  are still alive. It’s great to see the bears back again!!!

 

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What a disappointing week!

The following are positions initiated and stopped out.

Short Positions (Initiated and Stopped Out)

Entergy Corp

PG & E Corp

 

These are the stopped out positions

Short Positions (Stopped Out)

GBPAUD

Overall a profitable trade.

EURAUD

Overall a profitable trade as well.

The following are the newly initiated short positions

Short Positions

Mapletree Logistic Trust

SATS

Wing Tai

Wal-mart short position is still alive.

This is a treacherous week. I am thankful the forex trades are able to cover these losses with profits. Let’s see when the bull will run out of steam. As trend traders, we can only participate. In the meantime, trade carefully.

 

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Added the following trade this week

Short Position

Wal-mart Stores Inc.

This trade was initiated using the trendline break. Let’s see how the trade will develop from here.

EURAUD and GBPAUD short trades still remain. As the market condition is still uncertain, only the Wal-mart trade was taken. If this trade can survive, then more US short trades may be initiated.

 

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