Friday, December 31, 2010

You have to Be, before you can Do.

Thanks HP for sharing this article on Facebook..

Life Lesson: Be-Do-Have
Why So Many Struggle So Hard
Read the full article here: Staci Stallings

Something interesting I've noticed:
True life lessons work and translate to many different areas of life.

This revelation hit me the other day while I was listening to a cassette on having financial balance in your life. On the tape, the author talked about a goal setting seminar he went to. The lesson he was revealing is that too often when we set goals, we are setting the "have" part of the equation, then "doing" the work of getting to the goal without ever making the effort to "be" anything.

If you're paying attention, there's a math lesson that translates to this message. Any math person will tell you that there is a definite order to life. A + B = C, and if you get it out of that order, even the simplest of ideas can get overwhelmingly confusing. So this equation must begin with "be" not "do" or "have."


The problem is that this is completely senseless when you understand the equation of "be-do-have."

When you truly get this life lesson, it will have a profound impact on every aspect of your life. No longer will you focus solely on the goal-now you will focus on who you must first become, and the attainment of the goals will follow.

"they who have been forced to "be" are now "doing" and "having""
I know, it sounds Pollyanna. It sounds so simple. But it's the simple-sounding things that are often the most difficult to actually do. I see this turmoil in teenagers a lot. They think that their identity is created by who they are with, what they wear, what their outward appearance is. The reality, however, is that identity is based on who you are.

That's why you hear of 10 and 20 year high school reunions in which the popular kids are now struggling and some of the most unpopular kids are now the successful adults. When you understand this equation, it makes perfect sense. Think about it. In high school, the "popular" kids already "have." They have the status, the good looks, the admiration of others. Why work for something you already have?

The unpopular kids on the other hand are forced to find their true identity not in the outer world, but in the inner world. So they work on themselves rather than on what the outside world says is important. Thus, 10 or 20 years down the road, they who have been forced to "be" are now "doing" and "having" in much greater proportion than those who "had" everything.

To be sure, this is a vast generalization. There are popular kids who take time out to work on themselves and "become," and there are unpopular kids who want to "have" so badly that they contort who they are trying to fit in. The exceptions are there, but so is the rule.

You have to Be before you can do, and
you have to Do before you can Have.

If you don't, nothing you ever get will be enough. And
if you do, whatever you have will be plenty.
With this in mind, find some time today to fit a little "being" time into your "to-do" list.
It may just turn out to be the best time investment you could ever make.
© Staci Stallings
Read the full article here: Staci Stallings

Tuesday, December 28, 2010


This thought came into my mind this morning...

Which time frame to trade?
If I am trading for the Day, I look into intraday chart - 30 minutes would be sufficient to get a good entry.
If I am trading for few Days, ditto.
in this case, a weekly chart would help to identify the trend and help to see the big picture.
monthly chart, seldom use, just a peek into it..

What if, I am going to be a 'hourly' trader?
Similarly, I can use Day chart to identify trend, 30 minutes to sharpen entry, and may be, even smaller time frame like 15 minutes?

Should get killed when mentor read this 15 minutes chart thing... >.<

Which style I am most comfortable with? and whether I am ok with it?

I am ok with the Day chart and 30 minutes chart nowadays, I wonder: Is that because I have less time to trade, therefore, I compromise?

Lets frame it with better words...
Ayumi has become flexible, and now trading in a bigger time frame...

What if, when I gain the total freedom again, that I can just sit in front of my Lappy and watch the candle blocks, one by one, every 30 minutes?

No matter what, how, which strategy we use, it must be our strategy, our style.
What is my style?  Flexible is my style.

I have been brought up by my cool mother, disciplined, loyal, business minded, stable, organised, and secured.
I have a even more cool father, he has a golden finger, that he can turn a bottle of red wine into a good money making opportunity, and can turn a broken motorbike into a spare part business...  According to mum, he can see opportunities through his naked eyes... making money from businesses is not a problem for him, networking and connection is just simply a born skill.

I think my father makes a good speculator, Ayumi deem myself a speculator in my blood; a stable, disciplined, organised personality in my mind...

I think this is how and why Ayumi present an unlimited potential... and I believe many others do, we just need to work hard, and polish...

4 days to new year, 1 month + 1 week to Chinese New Year...
work hard everyday, unlimited opportunities awaits...
work 1 step a day, and never stop... we may be slow, we may be fast, we are ''in progress''.

Good read, go and read this article from T. Harv Eker's Blog:
The Resolution That Lasts a Lifetime

Saturday, December 25, 2010

GBP/USD on 25-Dec-2010

As Ayumi trader mentioned on 21-Dec-10, if GBP/USD break below 1.5450, next support will be 1.5330.
on 22-Dec-10, GBP/USD broke below 1.5450 and formed a new low 1.5354 without breaking 1.5330.

Expect this market to continue trading in small range bias up.  1st target 1.5530, 2nd target 1.5630 (going to take some time).

Resistance Ayumi looking for short: revised from 1.5680 to 1.5650, forecast: January 2011.

Related Post: GBP/USD on 21-Dec-2010

Thursday, December 23, 2010


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!

Tuesday, December 21, 2010

GBP/USD on 21-Dec-2010

Current support 1.5450 shall hold for a while.
Current resistance 1.5550, while I am expecting GBP/USD to 1.5680 for a low-risk short.
Coming week, while GBP/USD break below this support of 1.5450, I believe it will dive to next support @ 1.5330.

Good luck everyone and happy shopping for a meaningful Christmas celebration! :)

DJIA on 21-Dec-10

The high of 11518 will remain a significant resistance the range between 11450 - 11520 will remain the trading range for DJIA before any meaningful breakout is spotted.

However, I still hold the view that DJIA will break out from this small range, and if you observe intraday 60 minutes / 30 minutes chart, you will see a symmetrical triangle formation in which support our view.
Breaking above this channel DJIA will advance to 11600, breaking below will test 1st support at 11330.

Sunday, December 19, 2010

Gold Futures and Silver Futures

Welcome CME products to Bursa Malaysia, we can trade Gold, Silver, Cotton, Coffee, DJIA, e-Mini Dow... :)

Gold Futures
Product Symbol: GC
Venue: CME Globex, CME ClearPort, Open Outcry (New York)

Contract Size = 100 troy ounces
Min Tick Size = 0.10 per troy ounce
Contract Value = $10 per contract

Gold Price @ 1,400 USD, Long
When Gold is trading at 1,400.10 USD = +$1.00
When Gold is trading at 1,401.00 USD = +$10.00

I have created a ticket for quick reference.

Silver Futures
Product Symbol: SI
Venue: CME Globex, CME ClearPort, Open Outcry (New York)

Contract Size = 5,000 troy ounces
Min Tick Size EFP = 0.005 (0.5 cents) per troy ounce
Contract Value = $25 per contract

Silver Price @ 29.115 USD, Long (2911.3 cents)
When Silver is trading at 29.116 USD = +$5.00
When Silver is trading at 29.125 USD = +$50.00

Related: [CME Group] [Time Zone]

What is CT?
In most states in the USA and in most provinces in Canada, Daylight-Saving Time (DST) is observed. During DST CT (or CDT) is 5 hours behind Greenwich Mean Time (GMT-5).

After the Summer months Central Time is shifted back by 1 hour to US Central Standard Time (CST) or (GMT-6).

DJIA and Nasdaq 100

We have a short trading week, US, HK and Singapore market close in observance of Christmas Eve on Friday 24-Dec-2010.
We wish Chinese Happy Dong Zhi, wish all Merry Christmas and Happy New Year!

DJIA on 20-Dec-2010

DJIA has been trading in small range compare to 2 weeks ago.
Day range reduced half from 150 points to 75 points.
DJIA has been marching up inch and inch and my view on this market is neutral.

Current resistance 11518, while I believe DJIA to continue to trade in small range, extend a little bit higher to break above this resistance and form new high possibly to 11570.
Current support 11450-11420.

Only initiate your trade at clear support / resistance.  Practice Fibo Range to short at 11525, or long at 11415 with minimum risk.

Nasdaq 100 on 20-Dec-2010

I am happy for the traders who secured a Long at 2200 this week, our SL is just right and Nasdaq 100 has also hit our target of 2220. Result in a Risk:Reward of 1:4.

Resistance 2: 2240
Resistance 1: 2225
Support 1: 2200
Support 2: 2185

I suspect Nasdaq to trade between 2190-2235 before Christmas.
Would suggest to stay at the sideline because current price of 2,218 is too high for a long position, and there's no reversal sign for a short.

However, if Nasdaq 100 break below 2200 and come down to 2185, the market may hold and rebound. This would be a good level to observe for opportunity to Long (but I don't think this will happen before Christmas..)

Merry Christmas to all and have fun with your Love One, Friends, and Family.







现在是,你,我从新加坡带回来的Dark Chocolate Mocha Frappuccino,我要喝你了。。

Demo Feedback

After 2 weeks on Demo, I find myself trading at my comfort level again.

And I come to realize, the following:
1. I thought my analysis turned bad, but it is not.  I am better.
It is because I have shifted my focus to money.
What I wanted from trading, is money only, and I am just too focus on that, and I become addicted to trading.
2. Habitual Losses?
it is because i tried too hard to find a trade everyday, however, this everyday trading, is not my style.
3. How Long?  How Often?
I know my trade, but I do not know my personal style... and in fact, I thought I know myself well, but I don't.
and it turns out to be better trade, better days, nowadays...
4. How many?
I thought I need more market and more work so that I can practice and become better.  I started with 3 major, then I fall into AUD, NZD, Crude, DJIA, Gold... I believe the professional traders would know the answer.
2 weeks after my Demo, I concentrate on my favorite market, I find less mess, less opinions, less contradiction.  More time for other activities.  More clarity.

No reversal, no trade, no support, no resistance, no trade.
No price action, no pattern, no trade.
No familiar market, no trade.
and.. generally I prefer to Short, than to Long.

Related: [Demo Begins], [The Process]

Gold on 20-12-2010

Gold Weekly Forecast - 20 Dec 2010

My view on Gold is bearish, next week, Gold can only go highest at 1385.
Gold will possibly extend its bearish trend until end of the week before showing consolidation.
Support at 1350 region, or if we take 1:1 correction from 1430, potential to hit 1346, if Gold break below this support, strong support at 1330.

So my trading plan for Gold next week, would to short Gold at 1385 resistance, 1392 SL, looking at TG 1350.

Saturday, December 18, 2010

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:

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.


Doesn't Like to Be Told

We choose what we want....
While we are choosing the path, I often get confused when there's someone telling me to do this, or to choose that.

Is that because I simply do not like to be told what to do?
My decision, my life.  I know what I want, deep down.

and if, you just happen to tell me, before I hit the 'go', I am gonna think twice.
This type of comment from others, act like a pop-up, kind of a prompt, always delayed the process.  Why would you have the same opinion like I do?  Although I didn't say out loud... but somehow I would think: Why don't you just do it?  Who are you to tell me what to do?
Very bad Ayumi... arrogant... confident.

Cuz I always do better... I do it so much better nowadays.... and I read from "Project Runway" this morning on TV, "I am not sad (to be out), I have already given my best (I made it to the Top5).  We are just gonna begin over and over again."

Wierd-ooooo Ayumi....


Related: [Project Runway]
Listening: David Guetta - One Love (Special Edition)

Friday, December 17, 2010


Ayumi went to gym and brought my own bath gel, the scent simply remind me of a wonderful experience and I'm immediately feeling great and relaxed.

What scent and which aroma would remind you of a wonderful experience?

Wonderful GBP/USD from 1.5880 to 1.5650. I believe A also made good trade on her EUR/GBP?

Wish all do great and be well.

Wednesday, December 15, 2010

GBP/USD on 15-Dec-2010 (Wed)

Looking forward to GBP/USD correct to 1st support 1.5630 (EMA200).

GBP/USD on 15-Dec-2010 (Wed)

While i recall the conversation with A, we both believe the bullishness of GBP/USD and I am looking at GBP/USD to go to at least 1.5880 before the correction.

Who knows after Monday long white candle, it break to as high as 1.5909, and started to form antenna in 30 minutes, and correction.


See how the amazing fibonacci numbers play in this scene...

Related Post: Weekly Forecast on GBP/USD on 6-Dec-2010
Related Post: Weekly forecast on GBP/USD on 27-Nov-2010

Monday, December 13, 2010

What I like about this year...

We are just 2 weeks away before Santa rings the midnight bell...
and I skipped work today :)
I skipped work this weekend.

For those who regularly visits... I skipped the weekend forecast for FX. :) Ops!

I took the whole weekend to finally complete my project.
I have finally completed the 'abandoned' the top part of my dance costume.
And I can't believe that I can make it, and it just look beautiful~

I have also sewed the veil piece...
I have repaired my first jumper, the checkered print, black and white jumper that is broken over last public holiday..
Repaired 1 pants...
Yes, all done by 10 fingers, and I broke 2 needles, and almost the needles almost pierced into my fingers when they break!

I spend the whole weekend without spending more than 4 hours in front of the PC, but I have so much of fun, spent wonderful time with my family, and my best friend E and her lovely husband.

And... I spend a night reading...

So long... Ayumi didn't read.
And... I spend time meditating....
So long... stillness.
Clouded with too much of want, desire and hunger...

And Ayumi just throw away 2 bouquet of flowers this morning~ they are dried and died.
Let them be with the earth again~ :)

Ayumi lost 2 phones this year, and so Ayumi got a replacement phone last month~ Apple iPhone4.
Ayumi broken her Samsonite backpack in October, and Ayumi got a new one~
next... to my surprise, my neighbour repaired my broken Samsonite for me... and mama just got it washed, and now it smell and look like new~

Ayumi killed her desktop, and also broken a Western Digital external harddisk, and successfully transferred all data to her new Seagate FreeAgent Go 500 GB....

Ayumi learned Adobe Illustrator CS4, designed her namecard, designed a few leaflet...

Written 3 books of trading journal, removed Ayumi the Novice Trader Blog since 2008 and refreshed.

Ayumi participated in a public forum, focus on DJIA and Nasdaq 100 and learn with a team of experienced trader.

Been through some suffering and also showered with a lot of blessing~
Mentor, Sifu, E... and many many....

Family, Dance, Love, Trading, Money~
Thanks to all.

Sunday, December 12, 2010

Gold on 13-12-2010 (Mon)

I suspect Gold to be trading in the range of 1370-1400 on Monday.
In case Gold has break below 1370, next support 1350.

While we can observe a pincer bottom at 1369, this shows a good support level for Long position.
Prefer to Long Gold at support level 1370, SL 1365, TG 1400.

For shorts, observe reversal, or a inverted "V" near resistance 1400-10 for a short entry.
In case Gold break above 1410, next resistance is the recent high @ 1430.

DJIA and Nasdaq 100

DJIA on 13-Dec-2010 (Monday)

We are only 2 weeks before we close the trading book of 2010, is the rally already reaching its climax?  DJIA has been trading in small range + diminished volume, the resistance is still well kept below 11451.
If DJIA manage to break above 11450 convincingly, it will travel north towards 11550 (15-Aug-2008 High).

If this market is well capped below 11451, and started to fall from 11410, we can see the first minor support at 11330, followed by 11200, strong support at 11000.

We suspect this small trading range to continue on Monday as Inflation data for November will dominate next week's economic calendar, with the U.S. Producer Price Index due on Tuesday and the U.S. Consumer Price Index set for Wednesday.

For shorties, plant your shorts near the resistance level but must put a stop loss to protect yourself in case DJIA break this resistance.
I have no recommendation for Long as the support level seems too far from the current price of 11410.
For myself I will prefer to plant my shorts at 11430, add another position when DJIA trade below 11330 and aim for 11200 as my target.

Nasdaq 100

Nasdaq 100 has been bullish with a good support at 2185 and now 2200.
Nasdaq has break above 2200 convincingly last Friday, mean Nasdaq 100 will go towards 2007 high 2239 again.

Aggressive trader can Long at 2200, SL -5 pts, with initial target 2220.
For shorties, be patient and wait for reversal sign on Daily Chart near its resistance level of 2220-40.

Visit APSRI Forum here:
Visit APSRI DJIA Forum here:

Back to Ayumi Trader Blog, click here:

Wednesday, December 8, 2010

Transactions (FX)

Short GBP/USD at 1.5800
SL 1.5840 (moved to entry) trading at 1.5736 now
TG 1.5720 (+120 pips)

Note: Average Day Range ≈ 120 pips

Tuesday, December 7, 2010

DJIA and Nasdaq 100

Suspect DJIA to test 11500 (recent top 5-Nov 11451)
Nasdaq 100 to test 2200 (recent top 9-Nov 2200)

Quick one, and a Good one:
I have a trader friend - PP, PP has made some profit from US stocks (I personally would like to say it is WONDERFUL profit), and PP thanks to QE2. :)

and this Handsome profit means 2x of the Annual Income of an ordinary Malaysian executive.
And PP made it in less than 2 months (do not wish to sound to exaggerative... but actually PP revealed that the whole trade is done in 2 weeks).

And PP still have some QQQQ contracts at US1250 (Gold at 1420 now).

Bravo~! ^__^

And trading means, you can work, 2 feet in front of your bed, 20 feet from the kitchen, next to your kid, watch CNBC news on TV - on the couch, and you life - focus on opportunities - with the exchange of security from a 9-6pm job.

Initial shadow entry

Hiya~ the start of my Demo account, today is day two, so far, the result as follow:

triggered SL.
Damage: -80 pips

Long EUR/USD - 1.3270 didn't get entry.
Long GBP/USD - 1.5690 didn't get entry.
Market moves in favour.
Damange: -

From backtest, this method works very well, generally human are focused on wining, but hate losing... most new traders would have said that this method don't work.... Wining and Losing is a package, Risk and Reward is a package.

Learn to accept total responsibilities of my own trading, learn the advantage, and the limitation of this setup, there's a lot of searching to be done.

and my objective is to find a system that suits me, and deliver consistent result.

Looking forward to consistency

Monday, December 6, 2010

Weekly Forecast (FX)


Long view, target to reach 1.5888.
Entry: 1.5740
SL: 1.5700 (-40 pips)
TG: 1.5880 (140 pips)

Note: Average Day Range ≈ 120 pips


Long view, target to reach 1.3625.
Entry: 1.3370
SL: 1.3330 (-40 pips)
TG: 1.3625 (+255 pips)

Note: Average Day Range ≈ 160 pips

Sunday, December 5, 2010

the Process

"I have tried my very best, but it just don't work out".
Don't be disappointed with the result, be happy for yourself for being your very best.
Focus on the Process, not the destination.
Bcz you gave it your BEST.

How you become successful if you didn't pursue excellence?

Caring for the process, the process, the process.

I have some disappointment over this trading week.
I did a few queue to long GBP/USD, at initial shadow, combined with the reversal pattern on Day Chart, signals the market turning up.. but I have missed it, Long the 1st day, the 2nd day..
I missed the entry, with only 4 pips, 5 pips...

I watch the market rebounded, and continue to escalate.

Day 2, I watch the market rebounded, turn up, and formed a reversal sign at top and come down, but i didn't removed my entry to Long and got killed with a loss of 50 pips.

I feel disappointed, for being unhappy bcz I didn't get an entry when I am right.
I feel disappointed, for not willing to remove my order when market signals the opposite and kill my trade.

I am disappointed with myself, bcz, I know what I see, but not trading the same.

And I start to see myself after some time to think about my trades...
I start to learn that I am too focused on the result, the money, making $$$, losing $$, to measure my success.

The process, the process, the process... is the only thing that I should monitor.
and I start to learn, the reason of my shrinking trading account size, is myself not doing the right thing.

How can a novice trader, with only 4 months Demo + 4 months Live swim in the high and low tide of the sea?

And I learn the questions mentor JC has asked:
1) Which trading setup brings the most consistent result?
2) Which trading setup you feel most comfortable with?

Ignorant.  Me.  Ah-you-Me (Ayumi).

I do not know the answers of the above.
Just like master Bryan said, "you have some work to do...."


I agree, I am only going to trade on Demo, for the next 6 months.
There's something, more things that I am gonna fix.


That I will be kind to myself, to allow myself to learn, to try to be my very best, to find out, which setup suits me, and to craft the setup, the set of rules, for myself, to myself.

I will focus on the Process, the process, not the result.

I will work at my best, I will find out the rules and find out the most consistent setup for myself.
I will put a lot of energy, effort, and I will care, for every bit of the trading decision.
Think twice, and observe myself, during the whole process.

Demo Begins.
the Search, has just begun.
Answers to be revealed, no earlier than 4-June-2011..

Saturday, December 4, 2010

Gold on 4-12-2010

Pressure of H/S has been successfully taken out as we seen last Friday long white candle on Gold daily chart.

2nd favorite pattern has developed, for short, patiently waiting for entry.

For Long, resistance 1,423 would be the 1st target,
enter at daily initial shadow of 1408, this is also the pincer top in 30 minutes chart.  Support at 1398.
judging by this risk : reward ratio of 3:2, aggressive trader can enter.. but I prefer not to trade.

Thursday, December 2, 2010

Transactions (FX)

Day Chart: Spotted Reversal
GBP trading at 1.5615 now.
Enter Long for today at 1.5580
SL 1.5540 (ytd Low)
Target 1.5800.

Remember my weekly forecast still favour to short this pair when it approaches 1.5880 region.

related: Weekly Forecast 29-Nov-2010 (FX)

Wednesday, December 1, 2010

US Stocks Slip As Euro-Zone Woes Continue To Weigh; DJIA Off 16

By Donna Kardos Yesalavich and Kristina Peterson

NEW YORK -- U.S. stocks fell Tuesday as investors continued to worry about the European sovereign-debt crisis, but better-than-expected data on U.S. manufacturing and consumer confidence helped limit the drop.

The Dow Jones Industrial Average declined 16 points, or 0.2%, to 11036. Bank of America was the measure's worst performer, off 2%, while Procter & Gamble shed 1.5% and Cisco Systems dropped 1.2%.

Keeping the declines in check, Caterpillar climbed 1.2%, boosted by a better-than-expected reading on Chicago-area manufacturing. Wal-Mart Stores also rose, up 0.6%, and Walt Disney added 0.6%, after the Conference Board's measure of consumer confidence topped estimates.

The blue-chip measure is on pace to end November in negative territory, down 0.9% on the month recently. That would mark its first down month since August.

The Nasdaq Composite Index shed 0.9% to 2502, hurt by a 4.4% drop in Google following reports that the online-search giant is offering to buy Groupon, a social-network site geared toward discount shoppers, in a deal worth $6 billion. Separately, the European Commission opened an antitrust investigation into allegations that Google has abused a dominant position in online search.

The Standard & Poor's 500-stock index slipped 0.4% to 1183, with its technology sector leading to the downside while the materials and consumer-discretionary stocks rose. The S&P 500's month-to-date return wavered between positive and negative territory, putting the measure at risk of breaking a three-month winning streak.

Investors were encouraged by the Chicago Purchasing Managers' Index, which came in at 62.5 in November, better than the 60.0 reading economists were expecting. In addition, the Conference Board's November reading of consumer confidence came in at 54.1, better than the mean economists' forecast of 52.5.

"The indication here is you are seeing a recovery, but it is a sluggish one and it's really going to take a rally in employment in order for it to become more aggressive," said Edmund Hyland, managing director and a global investment specialist at J.P. Morgan Private Bank's southeastern region.

Meanwhile, investors continue to fret that Europe's sovereign-debt crisis could widen to Portugal, Spain or Italy. The premium demanded by investors to hold 10-year Spanish bonds over German bunds hit more than three full percentage points, the largest gap since the launch of the euro.

"The theme that really strikes me is this tug of war in the information we're receiving," said Stephen Wood, chief market strategist at Russell Investments. He noted that while the euro-zone debt crisis has produced "very headline-worthy negative news, [it] has kind of masked some untrivial improvement in some U.S. economic data."

Wood added that the euro-zone issues are "something the market is pricing in now and it is just going to have to get accustomed to dealing with some of these rolling solvency issues in Europe."

Global risk appetite was also undermined by talk of higher Chinese interest rates as well as disappointing Japanese jobless figures, encouraging investors back into safe havens, such as the dollar and Treasurys.

The U.S. Dollar Index, which tracks the currency against a basket of six others, rose 0.5%. The euro dipped below $1.30 to a two-month low earlier in the session, but was recently trading at $1.3009, down from $1.3123 late Monday in New York. Increased demand for Treasurys sent the yield on the 10-year note down to 2.80%.

Crude-oil prices slipped below $85 a barrel while gold futures were also lower.

Among stocks in focus, Seagate Technology dropped 3.1% after the maker of computer disk drives cut off talks with private-equity firms about taking it private because potential suitors didn't value the company highly enough.

Barnes & Noble fell 3.3%. The book retailer's fiscal second quarter loss narrowed, but it gave a muted outlook, projecting a wider-than-anticipated loss for the year and third-quarter earnings below analysts' expectations.

---By Donna Kardos Yesalavich, Dow Jones Newswires; 212-416-2188;

Sunday, November 28, 2010

DJIA and Nasdaq 100

US Dollar gained the most since August against six major counterparts as concern that Europe’s debt problem will worsen and military action in Korea will escalate boosted demand for the U.S. currency as a refuge. Souce: Bloomberg
Dow Jones Industrial Average (DJIA)

As per our previous week posting, DJIA had a week of consolidation down and up, highest DJIA has reach is 11205 and 11195 on last Monday and Wednesday, while 10992 is the lowest of the week.

Great call from Sarah to pick long near bottom. :)

Resistance: 11300
Current Resistance: 11200
Current Support: 11000

Personally, this market is difficult to trade now, most of the people may just miss the opportunity, some may ignore, however, during extreme uncertainty and volatility, there's a big opportunity if one keeps his focus and remain sharp!

2 scenario:
1. DJIA 11000 support hold strong, market break above 11200, 11300 and head higher to 11500.
2. DJIA continue its consolidation, test 11200, resisted, bounce back to 11000, break below this 11000 support and dive to 10750.

I favour the 2nd scenario, let me share the experience observing trapezium in EUR/USD (completed last Friday)...
after 1 week of consolidation from day chart, must capture opportunity to short at 11200 region, once missed, and the dive begin, there may be no retracement for us to enter the market.

Fine tune your entry with 30 minute chart when DJIA approaches 11200.

However, if you miss, and the dive has already started... trader can practice initial shadow entry, 50-50 chance of getting an order filled.

Abandon short view if 11300 is violated.

Nasdaq 100

Resistance: 2177
Resistance: 2162
Support: 2135
Support: 2105

Nasdaq 100 performed slightly bullish as we compare to Dow Jones.  As the retail market is strong and last weekend's thanksgiving shopping, I believe Nasdaq has the chance of going higher.

Trader can choose to short near resistance level 2162-65 with SL 10 points away.
Target 2135, and 2105.

==== I spent 3 hours for DJIA forecast again.... >.< ====
Is this due to low productivity during mid night?
Good night traders, hope you like my share, happy planting the best short position in this coming week!


FX Brokers - Singapore

Holders of Capital Markets Services Licence - Leveraged Foreign Exchange Trading
(Total : 19)

Institution Name
  13. OANDA Asia Pacific Pte. Ltd.
Details and Address...

Saturday, November 27, 2010

Weekly Forecast (FX)

A trader with no idea of the price locality in a market trend will naturally has no idea of cut-loss point for his existing position.

Most (new) traders play the game with greed of wanting fast monies but not aware of unlimited losses if sit in adverse trend.  Thus, trading becomes a wager.

New traders always prefer to hit an instant entry when market moves.  This is even worst when market swings or u-turns that shatter them.

*** Never let the market trend runs against you randomly by setting your maximum risk tolerannce. ***

I was once confused how can one of the respected coach maintain his stop loss at 30 pips or maximum 40 pips away?

I checked my trading record, and I found that I have many trading plans that have maximum risk tolerance nowadays.

for FX 40 to 50 pips, for indices, 100 points.

And I come to realise that --- I thought I am good, but somehow, *shy* I am ignorant... Why doubt while the masters can do it? *Bow* to the masters and coaches.
We can make it, we can always target to initiate our entry from top regions / or from bottom regions of a trend, sharpen our entries is the clue.

Don't let greed and fear affect my decision.
If market just did not come to my price, just let it be, tomorrow will be another day.
If tomorrow I still cannot get my entry, just let it be - this shows that my forecast of market trend is correct!

(you know who said this?  Answer: My all time favourite mentor JC said this! during a mindset tuning session with another full time trader)

I just need to be patient, to sharpen my entry, my stop loss, and my target price.

I just need to.

You are right, but you just cannot make the money for yourself, yet.
The time will come.  We just need to work harder.


Major Currency - USD/JPY
Close: 84.08

Monthly Candle: Bullish Engulfing Pattern from Bottom 80.24.
Weekly Candle: continuous of 4 weekly candle going up and up!
Daily Candle: Bullish!

Pick reversal to enter Long: Entry near 83.55. SL 30 pips,
or Short near top region 84.50 - 84.80.

Close: 1.3237

EUR/USD has just completed the whole trapezium and the result is soooooo amazing!
+700 pips profit.
Dear associates, remember to practice and back test and do it again and again.

You miss this, but don't miss the next.

Now EUR/USD has traveled to the next Trapezium Z1 line.
Successfully close below this Z1 line (1.3180) would mean we can prepare to Sell.

Down Trend is obvious, short when market retraces, or practice initial shadow entry to short.

R2: 1.3580
R1: 1.3380
S1: 1.3180
S2: 1.2980

Close: 1.5587

Falling knife.
Falling knife.

Trading near its EMA200 on Daily Chart, Ayumi suspects the market to do some consolidation in the coming week, trading range around 1.5550 - 1.5880.

Will only short when market trade near 1.5880, Target at 1.5400 region.
Avoid trading this pair for the moment.

Gold on 27-11-2010 (Sat)

Start to miss the dark color background already~

Observed a Head & Shoulder pattern in Gold Daily Chart.
R2: 1387
R1: 1382
R: 1375
S: 1350
S1: 1329
S2: 1325

There are too many fundamental news out there that could drive market crazy, if there's outbreak of war, resurgence of euro zone debt crisis, then Gold - the safe heaven of all time~ may just ignore this H/S pattern and fly higher, however, from technical point of view, 1,375 would be a strong resistance for next week.

Forecast Next week (29-11-2010): Gold market to consolidate between 1350-1375.

While I favour to short near 1,375 region, I am looking at Gold to break below 1350 towards end of the week. Stop Loss 5-7 points away.
Breaking below 1,350 will dive to 1,330.
Breaking above 1,380 will lead to 1,400.


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:

Friday, November 26, 2010

Gold, EUR and GBP

Quick Update!
Gold break out from 1365, heading south.
GBP/USD breakout from yesterday Low.
EUR/USD breakout from yesterday Low.

Lower and Lower

GBP/USD at 1.5726
Yesterday Low 1.5723.
Is this support gonna hold?
or it is gonna break?

EUR/USD at 1.3312
Similarly is 1.3283 support gonna hold?
Or it is gonna break?

Transaction (FX)
Long GBP/USD at 1.5732 SL 1.5700 TG 1.5800
Long EUR/USD at 1.3300 SL 1.3270 TG 1.3400

Thank You

Thanks to all visitors that regularly visit my trading journal.
I am surprised to find out that I have close to 200 page loads to my blog, weekly.

Hope all can benefit from each other and hope all making good monies for coming Christmas and New Year.

It was a Thanksgiving day yesterday, Happy Thanksgiving to you and your family. Be sure to take time out to be grateful for all that is in your life. Be grateful for all that is going soooo wonderfully well and be grateful for that which is a struggle for you. Yes! Be grateful for your struggles too! :)

A big test in our lives is whether we can be trusted to rise up when we’re going through a period of stress and struggle. I encourage you to do just that right now in your life!

Have an awesome day!


Thursday, November 25, 2010

A Special seminar by my Sifu DAR Wong in January. Check it out now!

Dear Associates

We'll be kicking off 2011 with a very special seminar by Sifu DAR in collaboration with a FengShui and I-Ching master Ms. Helen Ong on the very 1st weekend of 2011.
This will be a Limited Seats FREE seminar to be held at Bursa Malaysia. As we're expecting full house, all associates are encouraged to register with JC or ASAP.
Pls find details below:


This is the most explosive seminar that kicks off your coming new year with an enriching plan to devise your roadmap to creating wealth. Both speakers are equipped with many years of genuine experiences and have earned aced recognition as the icons in their respective industry. This is one very unique seminar that you should never miss for finding your niche in wealth creation!

1) Your Roadmap to Wealth in Year of Rabbit (Part 1)

Helen Ong is a post-graduate in Strategic Marketing from Chartered Institute of Marketing (U.K.) and serves as a top-recognized Bazi, Fengshui and I-Ching master in Singapore in the corporate world. She is a returned speaker for the OCBC Securities Annual Event and favorite presenter in Share Investor seminar for few years, while giving her prediction on financial markets based on the study of Astrology.

In this session, Helen will share her expertise in teaching you how to improve your personal wealth energy and reinforce the location of fortune stars in your daily living. Only after you have learned to tune your personal aura of wealth, she will highlight the movement of cosmic wealth energy in 2011 and the technique to harness it into your possession through some specific commodities.

All this while, Helen has very special skills of identifying the highly performing economies in the world and guided her corporate customers from the financial and banking sectors to correctly adopt the right actions for sowing the exponential profits. DO NOT miss this golden opportunity to meet Helen Ong!

2) Your Ultimate Wealth Construction For A Lifetime (Part 2)

DAR Wong is a popular financial columnist in Malaysian newspapers such as The Borneo Post, The Stars and Busy Weekly. He has more than 20 years of trading and management experiences in global derivatives markets with the expertise separately trained in Bank of America Futures Inc, Bankers Trust Futures Inc, Barclays ZW Futures Inc and Smith Barney Shearson Inc (Citigroup) during his younger days.

His seminars over 7 countries have always been epitomized by many fans and evangelists that have learned the true ways to create personal wealth through the global financial markets. In this session, DAR will reveal his secret of finding the most exponential growth in some markets and unravel the hidden way to build your exponential wealth in 2011.

After this seminar, you will acquire very crisp objective in constructing the most powerful personal portfolio, while cutting short on your learning curve. You will be amazed after he shows you how to create a huge-return portfolio with just a small leveraging outlay of capital. Satisfaction guaranteed!

Date: 8th January 2011 (Saturday)
Time: 10am - 4pm
Venue: Bursa Malaysia KL
Admission: FREE (Lunch included)

Register NOW.
Register with or
Register at NOW

Tuesday, November 23, 2010

Transactions (FX) and (DJI)

Indentify Market Trending or Sideway aka Consolidation?

Trending down, continuation of trend.
Short EUR/USD (initial shadow)
Entry: 1.3668 SL 1.3720 TG 1.3510

Daily chart shows consolidation, EMA4 and EMA20 cross just happened - Bearish.
Trading on Fibo Range
Entry: 1.6045 SL 1.6093 TG 1.5900
Entry: 1.5838 SL 1.5790 TG 1.6045

Trading on Fibo Range
Entry: 11063 SL 11020 TG 11220
Short DJIA
Entry: 11252 SL 11295 TG 11150

Power of Intention

Whatever your reason is for wanting more money, make sure it’s from a compelling inner truth. Even if it’s something like, “I want to buy a nicer car so I can feel better about myself,” if that’s true for you, then that’s your truth! There’s no one who can tell you you’re right or wrong. It’s yours!

People need more money to pay the bills, yes? Well, how motivating is that? ‘Boy, I really want go out there and work my butt off and have a new vision and do all this work and everything so I can pay the bills.’ I think not.

Know how I made an extra $150,000 in one month? I changed my priority of what the money was for. At first, I was looking for more money for more investments, but I already had some investments, and I did okay. And then I decided that I wanted to buy a condo.

And all of a sudden I noticed business miracles were starting to happen, money coming in from places we weren’t even thinking it could come from. Can I explain it? No. Why? Because it’s spiritually-based. You can’t explain those kinds of things.

Intention is focus internalized. Focus is the steering wheel; intention is the fuel that powers the vehicle. Don’t go for the regular. Go for the super-grade, the one that’s going to run your vehicle cleaner, stronger and longer.

Thanks to T. Harv Eker

I started to feel weak when I need others to agree what I do. What I think.
I started to feel weak when I need people to agree to what I want.

Our mind is so sensitive and things started to change when I have let others come into my mind, my world.
Theses ideas are just like worms, came into my mind, and lay eggs, multiply and grow.

How I wished I could just escape from the world, and encased myself in my room, and think for a little while, what have I done to my life?
Why would I do things without a clear perspective?

What I have learned in the past doesn't seems to work, and I started to doubt myself..
I guess it is not easy for people to change, especially we are living in a world full with other people who are learning the same thing, writing the same essay, reading the same papers...

Wanting to be different is a tough job.

And it is an internal job. I need to work harder, push harder, and believe.
May be I am just impatience.
Planted the seed, I just need to do the work, consistently, for the first leaf to pop out from the ground, is just a beginning.

Thanks to the sorrow, thanks to the challenge. For these I know, I can be better.
Thanks to the great article out there, thanks to the great sifu and mentor, holding me tight, working very hard to make me the 1%.

Thank you.

And I would say to myself, that I will work harder, and I will achieve all wealth and success in my life. Become a successful and profitable trader at my MAXIMUM capacity, to spend quality time with family.

I will, improve my setups consistency and profit unlimitedly from the market.
May all people, benefit from my success.

Hope you like my sharing, and ignite your unlimited potential, hit high, hit higher.

Monday, November 22, 2010

Something New? Or the same old thing?

European Crisis - Ireland bowed and asked for aid
Source: http://www.fxstreet...2010-11-22.html

The European Union, the International Monetary Fund, the European Central Bank and Ireland have come to an agreement on Sunday under which the latter will request a bailout. Such aid package is expected to amount up to 80 – 90 billion euros, and will pair with a government austerity plan worth 15 billion euros.

The bailout plan will be implemented over a span of three years, details will drawn starting on Monday, but it is widely anticipated to be smaller than Greece's 110 Bn euro package devised in May. As reported at the end of last week, Britain is to come up with about 7 Bn pounds in bilateral loans.

Is this something new?
We have heard enough, and I started to know why a sudden movement in the currency market happens -- it is related to the fundamental news.

The fundamental news come right before the price change?
or the fundamental news comes just to justify and explain the 'reasons' for this price change?

Anyhow... no matter what.
Price is the reality, this reality we just need to accept.

And sometimes we just enter the market at today's lowest price and able to sell a little bit higher near today's highest *happy*, and make handsome profit, we also just need to accept and be happy with the profit.

While we enter at today's low, and get triggered at lowest price, loss a little bit, we just need to tolerate and continue the treasure hunt.


Weekly Forecast (FX)


Closing: 1.3682

Smaller time frame:
Immediate resistance: 1.3730, forecast market going up on Monday.
will create a double top, if support: 1.3641 can hold,
EUR/USD tend to consolidate and break higher.
TG: 1.3870
TG2: 1.4000

However, breaking below 1.3641 will go to:
S2: 1.3585
S3: 1.3460

Intraday Trading Plan on EUR/USD, 23-11-2010 (Mon)
Long Entry: 1.3630
SL 1.3590
TG 1.3760


Closing: 1.5982

Weekly candle on GBP/USD suggested a reversal.
Daily candle shows that GBP/USD may still have some room to go higher before turning down.

Favour to pick short on GBP/USD near triple top 1.6190 (4 hour chart) for the week.
On Monday, forecast market to go up, support @ 1.5935.

Intraday Trading Plan on GBP/USD, 23-11-2010 (Mon)
Long Entry: 1.5949
SL: 1.5894
TG: 1.6090
TG2: 1.6190

Sunday, November 21, 2010

Gold on 20-11-2011 (Sat)

Me and my team member has total different view on Gold forecast... :p
however, never mind the right or wrong, put everything in perspective, that's no big deal while I am wrong, gotta know how much I lost when I am wrong, and how much I make while I am right?


Closing Price: 1,352
Resistance: 1424
Resistance: 1417
Support 1: 1341
Support 2: 1329

Gold has closed as a Doji sign on Friday which signals a market indecision, new support at 1,341.

While I was waiting market may come to test the support of 1330 again last Friday, market has just came to as low as 1,341 with a pincer bottom + engulf pattern in 30 minutes.

My view on Gold is that this market will go up to hit the first target of 1,373. While 1374 is a minor resistance, this market tend to do little bit of consolidation here before marching higher.

Once it break 1375, next level to watch is 1400.

Based on Friday pattern, we reckon this market to consolidate and test 1,341 again.
My opinion is that aggressive trader can long near support 1: 1341, however, if market break below this level, we reckon Gold to be well supported at 1,330.
Target set at 1,375 followed by 1,400-07.

Always protect your trade with SL, quote a very beautiful sentense from sifu last Friday:
" happy with your profits - small losses are tolerable but don't give up in the game of treasure hunt."
Only small losses are tolerable :) don't compromise your losses once market violates below 1,329.
We as APSRI trader practise 1:3 risk:reward ratio :D

Saturday, November 20, 2010

DJIA and Nasdaq 100

Dow Jones Industrial Average (DJIA)

Weekly candle on DJIA shows a good support at 10979. Resistance at 11255 and 11370.

Next week, we expect DJIA to consolidate within 11000 - 11290.

Breaking above 11290 DJIA will test the top of 11451 again.
Breaking below 10980 DJIA will continue to dive to 10,750.

Same view as Walter! Capture the opportunity to short at 11290-11300 would be my aim for the week.

For Intraday traders can practise fibo range to trade at extreme ends.
Fibo range for Monday: L: 11058 - H: 11242 SL 42 points away.

Nasdaq 100

Resistance 2,200

Similar to Dow, expect Nasdaq 100 to consolidate, trading range expected to be 2,090 - 2,165.

Aim to plant your short around 2,160 - 2165.

Breaking above 2,170 would head to test 2,200 again.
Breaking below 2,090 would head to 2,050 and 1,980.

For Intraday traders can practise fibo range to trade at extreme ends.
Fibo range for Monday: L: 2100 - H: 2150 SL 12 points away.

Friday, November 19, 2010


Things change. People change.
Accept every little thing with grace. Take things easy, and things will be easy with our mind.
I read sifu’s posting today. Yes, it is Friday today – Thank God Its Friday as I get to read sifu’s message of wealth today.
“…summarize your P/L and be happy with your profits. Small losses are tolerable but don’t give up in the game of treasure hunt.”
Mentor JC told me that, “people can be busy doing things, but not effectively making money.”
We need to put things into perspective, and whether I am doing things, but not effective?

Causes and Effects.

Favourite Quotes
“Next” and “Next”, just remember who we are, what we want, our objectives and purpose.
The road to success is dotted with many tempting parking places. ~Author Unknown
Don’t Give Up:
When the world says, "Give up,"
Hope whispers, "Try it one more time."
~Author Unknown

Source: Quotes - Perseverance:

Visit APSRI Forum here:

Thursday, November 18, 2010

The Truth Shall Set You Free

The Truth Shall Set You Free
November 12th, 2010 by T. Harv Eker

Read this article from T. Harv Eker Blog, and this is so true and I sincerely feel that this article must be shared.

A little while ago we touched on the idea of being so passionate about something that you’d shout it at the top of a mountain, and nothing or no one could stop you.

Well, that’s something we can feel with certainty in any given moment, but we also know the other reality—the one where doubt creeps in, or fear, or uncertainty. We’re only human after all, and those doubts can cause us to change course. What happens if you’re moving in a straight line and you move one milliliter to the right or left?

After a while, there’s a big difference between where you were originally heading and where you end up. That’s why it’s so important to live from the truth of who you really are and how your talents and gifts were intended to add value to others.

If you’re trying to become successful in an arena that is not your right livelihood—if you’re trying to become successful with that and you run into obstacles, what are you going to naturally do when things get tough? Look for a way out! Give up! Quit!

You are given a purpose. You’re also given challenges and issues in your life. Your purpose matches with somebody else’s challenge or issue, and their purpose matches with yours. Isn’t that beautiful? But if you don’t live your purpose, there’s somebody with a challenge or issue that doesn’t have a partner and is waiting for you. Multiply that, and that’s how much money is out there waiting for you.

Likewise, for every unique talent and way of expressing it in the world, there’s also unique needs and desires from someone else.

It’s not easy to know why you were created. It took many, many years, lots of mistakes, detours and successes to realize my mission is simply to educate and inspire people and help them enrich themselves to live in their higher self based in courage, purpose, and joy versus fear, need, and obligation.

The Gospel of Thomas isn’t included in the common Bible, but I love one of its quotes nonetheless: “That which is within you and expressed will set you free, and that which is within you and not expressed will eat you from the inside.” Relate this not only to purpose but to disease, sickness and the way of the universe.

Again, you cannot live a happy, fulfilled and successful life without living your purpose. If your vehicle is not rooted from within, and becomes a derivative of the true purpose of why you’re here, you will never find fulfillment, you will never find true happiness, and you will never find real success. Never!

The root of your vehicle must be in your purpose. How do I know that? Because I have lived the other way and it sucks in comparison. Know what I mean?

Now we want to hear from you! What are some profound quotes about living the truth of not only our personal existence, but of our collective existence as humans? Let’s take this opportunity to inspire each other and set each other free, financially and spiritually.
I hope you like my sharing today.

For more on T. Harv Eker, you can visit his blog: or purchase his books :)


Wednesday, November 17, 2010

Price Update

CFD (Buy) Price on My Watchlist:
Tencent (HK) 167.10
Zhaojin Mining (HK) 25.20
JiangXi Copper (HK) 22.00
Zijing Mining (HK) 6.95
Agile Property (HK) 10.70
China Shineway Pharmaceutical (HK) 24.25
GuangZhou Pharmaceutical (HK) 8.94
CNOOC (HK) 16.50
Sinopec Corp (China Petroleum) (HK) 7.17
China Coal Energy (HK) 12.44
Hopson Dev Holding (HK) 8.32
HuaNeng Power International (HKD) (HK) 4.37
MinMetals Resources (HK) 5.59
PetroChina (HK) 9.53
Wynn Macau (HK) 15.20
Yanlord Land (SGD) 1.74
 Genting Singapore (SGD) 2.10

Happy Holiday to Malaysians and Singaporean :)

Only if we could short.
Or pick the support levels to buy. :)

Transactions (FX) and (DJI)

Long Black Candle for GBP/USD and EUR/USD, DJIA, and Gold.
Sounds like we have missed a lot, but we are just at the beginning of everything.

QE2 is going to kick off this Friday, so far I prefer to trade intraday.


GBP/USD opens at 1.5879.
GBP/USD has hit target (2L) if I look at intraday 30 minutes chart.
Is GBP/USD going to hit 1.5700 today?

Clue 1:
If Ayumi look into bigger time frame (1 week consolidation), it has breakout from the consolidation, 1.5500 is the 2nd target.

Clue 2:
EMA4 and EMA20 cross confirms the trend.

My Intraday Trade 17-11-2010 (Wednesday)
Entry 1.5928 SL 1.5978 TG 1.5780


EUR/USD opens at 1.3488.
EUR/USD has been trading down since last week, looking into weekly forecast, using APSRI Trader's initial shadow method will take home more than 400 pips profit.

Will use the similar method to enter.

Entry 1.3550 SL 1.3600 TG 1.3370


DJIA close at 11,023.
Earnings from Retail giant like Walmart of Home Depot is going to be positive tonight? and 2nd largest IPO - General Motor also going to announce its IPO tonight, hopefully these positive news can pull the dying bull.

Short! Short! Short!
Clue 1: Closed below Z1 line with a Long Black candle
Clue 2: Closed below 10,250
Clue 3: EMA4 and EMA20 cross
Clue 4: Mkt Corelations cross - Sell Sell

DJIA Short
Entry 11,086 SL 11150 TG 10,730.

Beware of Friday QE2, always protect our capital with SL and move SL to entry after markets moves +50 in favour.

Close the position by EOD if cannot take the stress or doubt.

Tuesday, November 16, 2010

Free from Doubt

Good read today during Lunch:

Tranquility is stillness; flowing is wisdom.
We practice meditation to calm the mind and make it still;
then it can flow.

We want to do it right, but somehow we can't get there yet; our own faculties are not sufficiently mature.

It is like fruit that's still growing on the tree. You can't force it to be sweet -- it is still unripe, it is small and sour, simply because it hasn't finished ggrowing.

you can't force it to be bigger, to be sweet, to be ripe -- you have to let it ripen according to its nature.

As time passes, the fruit will grow, will ripen and sweeten of its own accord. With such an attitude you can be at ease.
But if you are impatient and dissatisfied, you keep asking, ''why isn't this mango sweet yet? Why is it sour?" It's still sour because it's not ripe. That's the nature of fruit.

~ Everything Is Teaching Us, Ajahn Chah

Doubt only adds to the suffering.

Hope you like my share today.

It can be done.

Monday, November 15, 2010

Weekly Forecast

Announcement of CPI and PPI figures for October on Tuesday and Wednesday would suggest the inflation in US.  If the figures are high, it would jeopardize QE2 Bond Puchasing Program which is going to kick off on Friday. - Source: Reuters

Dow Jones Industrial Average (DJIA)

We have seen 11,451 as current top and DJIA has been trending down since Monday 8/11 in a series of black candles on Day Chart.   For the week, the Dow Jones industrial average shed 2.2 percent.

On Day Chart, DJIA has closed below 11,240 the Z1 line of Trapezium and at the same gap between EMA4 and EMA20 is narrow.  We expect a little bit of consolidation before the trend sets in.  Traders who are not sure, suggest to stay out as the data release this week may cause market to swing up and down awaiting breakout - favour to the down side :)

R3: 11,451
R2: 11,370
R1: 11,300
S1: 11,140
S2: 11,020
S3: 10,920

For Intraday Trading,
Short DJIA at 11,220 - 240, SL 40 points away, TG 11,120.
If market break your stop and travel higher, second place to short would be 11,370.
For Intraday Long, Entry at 11,195 SL 11,155, TG 11,295 or closed by EOD.

Nasdaq 100

Nasdaq 100 has made higher high this last Tuesday to 2,200 but closed at 2,137.  For the week, Nasdaq fell 1.96%.

R3: 2,200
R2: 2,180
R1: 2,150
S1: 2,120
S2: 2,100
S3: 2,070

Similar to DJIA, Short at 2,150 SL 2,160 target exit 2,120 or close by EOD.

Visit APSRI Forum here:
Visit APSRI DJIA Forum here:

Sunday, November 14, 2010

Weekly Forecast (FX)

for 15-Nov-2010 (Mon)


Market has move in favour, however, I didn't get my Short entry of 1.4180, high of this week is 1.4084 only.
However, for traders who practice initial shadow entry, this is a very good method if you practice for 5 trading days.

Monday: Short 1.4073, close at 1.3917 (day range) + 156 pips
Tuesday: Short 1.3956, close at 1.3800 (day range) + 156 pips
Wednesday: Short 1.3807, close at 1.3780 (EOD) + 27 pips
Thursday: Short 1.3817, close at  1.3670 (EOD) +147 pips
Friday: Short 1.3703, Triggered SL 1.3767 (High 1.3776) -64 pips

This backtest is run on Russian Hour (GMT+1), taking opening and closing price as Broco Trader, MT4 Platform.
I am proud with the result. Result: +422 pips

For those who wants to learn Initial Shadow entry, and learn how to use multiple trading method to enter and make unlimited profit from the market, contact APSRI Traders.  I am always proud to say that DAR Wong is my Sifu and Mentor JC has been the best-est mentor to guide me on my trading journey.

What's Next for EUR/USD?

Friday Closing: 1.3689
R2: 1.3930
R1: 1.3810
S1: 1.3460
S2: 1.3334

Pressure to send EUR/USD down!

Market has showed us sign of consolidation, early next week expect consolidation to continue so best to place your short at R1, if market has moved higher, next level to short is 1.3930. Profit Target at S1: 1.3460, followed by 1.3334.


It was a Swing Swing week on GBP/USD.
It has broke below 1.6150, close at 1.6111 for the week, but market continue to swing in 1.6200 - 1.5950.

Clue 1:
GBP/USD found support at 1.5949, 1.5983.
Zoom into 4 hour chart, without breaking below 1.5950, and break triple top 1.6185, GBP/USD will travel higher to break 1.6295 and eventually hit my target 1.6350 then 1.6450.

Same as previous week, stay out and waiting for correction phase to end.

Remember mentor JC said: Trading the Extension Wave! it is most profitable and stress free.


Remember I said to Long when EMA4 + EMA20 cross?
It has happened and I am looking forward for USD/JPY to come out from the down trend.

Fighting to break above the resistance, fighting to break away from the down trend is a long journey + not easy.
I am very happy for the market to make another white candle on the Weekly Chart :)

I think Friday low of 81.63 has killed many traders who wished to Long.
For me to always wanted to long at 81.50, I didn't get my entry too.

Resistance: 82.80
Support: 81.50

Breaking above 82.80, USD/JPY is gonna head to my target price of
TG1: 83.15
TG2: 84.50

Failing to do so, it would come back to 81.50 as well as 80.50.
Strong support 80.20.

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Last week's forecast:

Saturday, November 13, 2010

Gold on 13-11-2010 (Sat)

Followup on my Gold posting on 5-11-2010 (Last Friday)

Gold has hit my 3L target of 1421 region and doing correction for the remaining of the week.

Gold has closed at 1367 and this is the first sign of weakness (closed below Z1 line).

If gold maintain below this level and continue to downward movement and break the BKO of 1365, followed I would short gold and ride for 2 weeks.

Following Supports: 1349, 1319, and 1315.

New! 14-11-2010 (Sun)

I am looking at Gold to retrace to 1,335:
1) PW trader can consider the inner wave from Top (1424)
2) Gold trend up from July-10 (1157), refer Daily Chart, if Gold is going to continue up trend, this correction is imminent! If we use Fibonacci retracement theory, Gold is likely to find its 1st support near 1,335.

For those who wants to know what is PowerWave (动力波浪), you can contact my most supportive + most professional mentor JC at +6016 280 2227 to catch our next workshop or join our upcoming seminars!

Ayumi, the novice Trader

Friday, November 12, 2010

Successful Trader

Reading: 7 Habits of a Highly Successful Trader by Mark Crisp

Best quotes:

Aim to be the world's best trader with the system you create.

This is where the majority of traders go wrong. They have no idea which style of trading suites them. They keep buying into the latest softawre or listening to the new guru, hoping thhis will change their trading results. Most never get to know what successful trading is all about as the average trader lasts SIX months. I believe any trader who can last over TWO years in the market will probably go on to become one of those rare breeds: A Stock Market Winner. Why? Because after two years they start to develop a set of rules that fits them. They start trading a way they are comfortable with. Unfortunately, in their haste to make a ton of money, most traders will never get two years experience before they lose their money and/or their interest.

Say it today.

"I will find a system that fits me and I will become THE WORLD'S BEST TRADER at this ONE style of trading!"