Renovation

Before and After.....

Page Click Crossed 10,000!

Horrays!

Gold and EUR/USD

Gold rose above $1411 and Silver $33.50 an ounce, weak US dollar boosted the demand for precious metals.

Technically, Gold has completed the 1/3 retracement (Low 1392) and set to go up higher target 1423.
the Breakout point is 1405.  Support 1394.

I didn't get my entry on Monday, market didn't come to 1385, lowest 1388 and rocket to TG1: 1395 within 2 days.  Today, intraday trade preference is to Long @ 1407.7 SL 1403 TG 1420 (EOD).

Related: Weekly Forecast on Gold


EUR/USD

My view for the week is to long on EUR/USD.
I entered two trades but were stopped out with minimum losses.


Quote my Weekly Forecast and Trade Setup:

Monday: Plan to Long when market comes to 1.3650, SL 1.3620, TG 1.3750
For the Week: Long at 1.3570, SL 1.3530, TG 1.3850 or close by End of Week, whichever come first.

-30 pips for intraday, -40 pips for weekly position.
and Market is trading up! as per the forecast, EUR/USD closed at 1.3750 (my first target).  Weekly Target remains at 1.3850.

Aggressive Trading Long @ 1.3716 SL 1.3680 (-36 pips) TG 1.3850 (EOD)

Personal preference is to trade EUR/USD for today.
I am yet to update for P&L for the week, will do it during weekends.

I have updated a New Blog Page
Visit Upcoming Events Now!

my Live Spaces

I received a mail saying that MSN Live Spaces is going to close on 16th March 2011.

MSN Live Spaces is working with WordPress for the migration.
Since I maintained a WordPress blog that kept all my previous postings, migration is not an issue.

Decided to keep the Live Spaces a separate entity.  The integration is good, because whenever we created a new blog post in WordPress, friends in my MSN Messenger would be able to see it immediately.

Honestly, WordPress provides users better blogging experience with more widgets and flexibilities, and easy customization.

I started to blog since 2005, and it has been... 7 Years!
I browse through the old blogs... 2009, 2008, and I am at 2007 now, I feel wonderful, and I also admire myself.  (ops! haha)

I wish to pat my own shoulders and say well done, this blog reminds me of the hardwork, reminds me how we plant our seeds of learning and growing, how we continue to nourish the rightful thoughts and good practices.

For Continuous Improvement, For the Betterment of Mankind.
Cheers!

DJIA and Nasdaq 100

I started to use Microsoft Office 2010, the software is so intelligent!  I love the new features :)
I added Ayumi the Novice Trader RSS link to my outlook mailbox, I can see that Microsoft Outlook automatically group the topic if they have the same title.
It makes my life so much easier!

Subscribe to Ayumi the Novice Trader by Email
It will automatically feed to your mailbox daily 11am-1pm (GMT+8) when there's new post in my blog.

Or you may want to come back regularly and contribute to my page loads!
Back to Ayumi Trader Blog, click here: http://ayumi216.blogspot.com/


Dow Jones Industrial Average (DJIA)

When I see DJIA closed at 12391 this week, I am so excited and I hope all readers are thrilled as I am, I want to laugh my lungs out. PowerWave is freaking amazing, market has just hit the WTP!  If you have neglected the concept, come back and refresh the knowledge, refresh your skills, get ready for the next move.

Again, DJIA has progressed as per our forecast, hit our target price, closed as per the level we mentioned here!  DJIA has gained 125 pts (+1.01%), closed at highest 12391, lowest 12193.

Trading on DJIA need a lot of patience, day range has been diminishing, we have average range of 100 pts early of this month, but we only have 80 pts as of last Friday, volume start to reduce from Monday except a volume spike on Friday.

The dynamic change is like a prelude to the next chapter of a music ensemble. I am waiting for a market breakout!  I love the reduced day range, and I love increased volume, many transaction has been carried out, it can be traders closing position, it can be traders adding position for the next ride.  Now tell me, which side are you in?

I expect DJIA to make another series of bullish candle, 12450-12500 is the target of the week.
S1: 12290
S2: 12260

On the dark side.... (short side) If DJIA closed below 12260 this week, expect DJIA correction to take place, short and expect correction until 12000 region in 2-3 weeks time.  Expect 12000 a strong support now, BUT, if 12000 failed, there will be another series of correction and the trapezium trade is on!


Nasdaq 100

I am so glad that the Nasdaq 100 has come to 2400 target last Wednesday, readers must be happy collecting the post-CNY AngPow hahhaa...

Nasdaq 100 settles at 2392 for the week, highest 2403, lowest 2371.  Posted another weekly gain of 13 pts (+0.5%).  Outlook for Nasdaq 100 is neutral, although we maintain ultimate target at 2440, if Nasdaq posted a loss this week and close below 2360, I reckon that the correction is going to take place until 2300 strong support in 2-3 weeks time.

R2: 2440
R1: 2420
Current high 2403.
S1: 2380
S2: 2360

For the week: observe to Long when market come to 2380 SL 2372 TG 2420.
Honestly, I prefer to trade on DJIA than Nasdaq 100, we can compare the strength, you will find out that the bullish strength is Nasdaq 100 is weak.

Renovation

Have renovated a bit ...

Sorry to some RSS subscriber, cuz I clicked "Publish" while I am doing the tidy up... and some of you may receive some messy blog logo and header thingy... sorry sorry :p my mistake.

After the renovation, I feel more like it now... finally got my icon near the address bar... yes, Finally!

Have been working this morning since 3am.. hit the pillow and slept, and missed the meeting with my group member on Facebook! :p checked on FB... nobody has posted anything... so... Hope that everything is fine without my presence (finding excuses).

Coming up... Gold  Forecast and DJIA update.
Coming up... my favourite FX pair GBP/USD, and some other major currencies.

Stay tuned!

Video tutorial

I am thinking of creating video tutorial on top of my blog posts in writing..

If you have recommendation of the video editing software, please post your comment here or send me an email at AyumitTader@gmail.com.

If the software have ability to convert baby-girl-like voice to a sexy gal voice would be best :) hahhaa

Thank you!

Greetings!

To all Readers

We have come to the end of the year and today is the last trading day of the week for US.

I thank all for sharing, and may all be Good, Healthy, Happy and Wealthy.  Special thanks to mentor JC who share the wisdom, knowledge and care.

Hope all enjoy your holiday, take a break, looking forward to another fruitful year 2011!

Workstation 2012

This is going to burn a hole...
I will setup a 3-screen desktop, thus for year 2011, I need to re-model my room and workstation so that a 3-screen can come in on my birthday 2012.  I only have around 14 months to prepare for it by the way....

For those who is also planning for your workstation, it is good to check this out: http://www.ergotron.com/tabid/305/language/en-US/default.aspx

I have got mine...

New Chair, New Table, M&E works... cable management, AVR, UPS... and work out to this. :)

Looking forward to 2011, completion of 1st year journey with PW Trading Concept, completion of 2nd Phase Demo, improve my trading setup and consistency.
Certification in May-2011.
Closing of 1st Case by March-2011.
Freedom 31st July-2011.

-Ayumi-

Saturday!

Checking the blog comments and went to Black's Blog, as well as De'Trader...

Seems that I have similar experience as De'Trader, has been questioning myself, again and again.  Doubt.

I think I am a little bit worse...Too little action.

I must have been very busy, to work on something, but all these things, may not be as important as it may seem.

Just finished flipping through September 2010 issue of Smart Money over my breakfast.  Bought it last month... Ayumi turned on iTunes and listening to Taylor Swift - Speak Now.  Very nice for a sunny Saturday.

I only have 1 day today for my weekend review and forecast, today will be a full day with my mum, my lovely currency market, Dow Jones, and Gold.

What to do today?

1. I have renovated my blog:
• changed the header with my new skill: Adobe Illustrator (I am using CS4, CS5 is available now) + Reflection effect + Flare.  
• Added FeedBurner, thanks to Black's reminder :)
2. Review my P/L - update my trading business transactions.
3. Read sifu's weekly snippet and some market information from Reuters, the market watch links at the right panel of my blog.
4. Go out shopping with lovely mum - I need a pair of color contact lens for my December 2010 show.
5. Weekly market forecast - Gold, DJIA & Nasdaq 100, and Major FX.
6. Write email to mentor JC on January 2011 - Most Explosive event.
7. Rest early and prepare for Sunday event - KL.

Stay Tuned!

Back to Ayumi Trader Blog, click here: http://ayumi216.blogspot.com/

Renovation

Thanks for the visitors who has been supporting this blog.

I decided to remove all my previous postings, from today onwards, my blog will give a brand new outlook.
This decision is personal, I would consider to change the name of my blog (need suggestions..) this blog is my personal trading journal, not a recommendation to buy or sell, do consult your financial advisor before making any investment decisions. ^_^

I will simplified the buy/sell decision, be direct and show clear understanding of my own trading.

Removal of the previous postings also mean that I will let go the past, and start something new.
That I am committed to my own success and growth, committed towards my trading objective and sustainability in trading.

I wish all best of luck.