A Systematic Trader's Journal

Hi guys, It has been awhile since I last wrote a review on the markets. As I am writing this now, here is a summary of the asia stock markets: Shanghai Composite 35.94 (1.92%) 1,839.621 Hang Seng 1,142.11 (8.30%) 12,618.38 Nikkei 225 811.90 (9.60%) 7,649.08 Straits Time 145.39 (8.33%) 1,600.28 Kospi 110.96 (10.57%) 938.75 Taiwan Weighted 150.89 (3.19%) 4,579.62 FTSE 100 290.02 (7.09%) 3,797.81 DAX 367.65 (8.13%) 4,152.05 SMI 347.22 (5.89%) 5,546.51 Currently, DJIA, S&P 500 and Nasdaq futures are traded at limit down. There are also talks in the market of possible intervention from major central banks tonight, IMF seeking funding from China and Japan to aid emerging market economies, where they take into consideration of high default risk from these countries. What speaks for the strength of the USD despite liquidation from companies, hedge funds and the CDS, and for the weakness of other currencies over th...

Interesting video for your viewing pleasure. Please take your time to view these clips. It is pretty meaningful. Part 1 Part 2 Part 3 Part 4 Part 5

Here is Jim Roger's view from yesterday's interview on CNBC. Enjoy!!

The market has been tough to trade for the past few days. I remain as a USD bear for the next 2 months to come, will continue to look for opportunities to short USD today.  Here is an interesting video on the future of capitalism. Hope you enjoy it!   

The two attempts yesterday were unsuccessful. A total of 50pips were lost on stops.  Let's see if we could make better results today.  Cheers

2nd attempt to long Eur/Usd for the day. Will rest for the day if this trade does not turn out as desired. 30 pips will remain as my stop. First target remains at 1.2932.  Good trades!

All positions were stopped out at -20pips. Looking forward to further opportunities.

Hi all, I am long 50,000 Eur/Usd at 1.2851 with a tight stop placed at 1.2831. Will be looking forward to shift stops for the moment, initial target for this trade would be at 1.2931 for the inital 30,000 to be exited.

I thought this may be an interesting video for everyone's viewing pleasure after a hard day's work. It is another video worth your time on. Likely turn in for the day now. Hope you enjoy the videos. Good trades to all. Part 1 Part 2

I wonder if this has ever come across your mind during this period of slow growth.

Remaining holdings in Ascendas has been exited at $1.68. Reason for this exit is due to 'event risk' in tonight's Lehman CDS holdings announcements. I will continue to look for opportunities to go long in EUR/USD or GBP/USD over the next 24 to 48 hours. Good trades to all.

For your information, I have already taken 70% profit on Ascendas REIT at $1.66. As there is no stop loss order for equities, remaining 30% will be targeted to exit if market gets near $1.57.  Good trades to all.