Buying Singapore Stocks

Hi mates,

For your information, I have just bought Ascendas Real Estate Investment Trust at 1.55. This position is based on the expectation that the earnings announcement in the after hours will be better than expectation. 

My view is that there'll be growth in smaller industrial spaces, as most businesses will be looking at winding down large operations to keep businesses cost efficient.

Good trades.

Gold Short 500oz @ 799.68, Closed Short @ 797.91

Would like to apologies, as this came abruptly. I made a short term trade on Gold for 500oz, where  I was short from 799.68 and bought back at 797.91. 

Good trades.

Exit GBP/USD at 1.7214

All positions exited at 1.7214. +30 pips.

Will post trades further should there be opportunity.

Good trades.

Short GBP/USD @ 1.7244

I am short GBP/USD at 1.7244. Stop is at Breakeven. Initial target for 30,000 exit is at 1.7214. Stop currently at entry price. As market will be volatile on pre-news announcement.

Good trades

Exit 50,000 GBP/USD @ 1.3511

An early exit was made at 1.3511, as 1.3495 seems like a tough area to penetrate for the moment. This short term support may be the pivotal level for tonight's trend, therefore I feel it is worth to humble out.

There is a profit of 13 pips. Will be looking forward to further enter if situation allows. Looking forward to the next trade. 

Good trades.

Short GBP/USD @ 1.3524

Hi mates,

I have just made a short Eur/Usd position @ 1.3524. Target 1.3494 to exit 30,000. Remainder will be shifted to Breakeven once 1.3494 is done. By default, stops will always be at 30 pips from entry price.

Cheers

Bernanke's Speech

Seems like the US stock markets do not really like Fed Chairman, Ben Bernanke appearances most of the time. 

If you missed yesterday night's speech, here you go:

Part 1

  

Part 2

For a script on the speech, you can also access it from here.

Good trades.

Stopped Out of GBP/USD trade

I was stopped out of my GBP/USD order @ 1.7460. Down by 30pips.

Let's look for another opportunity again.

Good trades.

Trading Call & Price Forecast on GBP/USD

The above target is my target resistance for GBP/USD within the next few sessions.

As I was away for a little too long today, I missed my entry target for today. I will be looking for a 50,000 long entry into this market if my target price at 1.7490, with stops placed at 1.7460 if this order is done.

Let's look forward to it.  

Here's An Idea To Improve Liquidity

Funny comic. Thought this may interest you.

Is The Bottom Near?

Hi all,

I believe this will be in many people's mind after tonight. 

I will be back to post in my trading calls from tomorrow. Hope the comic above is entertaining for you as well. 

See ya tomorrow mates.

NYTimes.com: How This Bear Market Compares

So how is this bear market different from others? For more info, go here