

A trip to J.B. with our traders
First stop -- Ah Soon Bak Kut Teh for breakfast 🍚🍲 Ah Soon's bak kut teh come in a piping hot claypot with chunks of blanched looking meat in a light looking steaming, furiously bubbling herbal broth.
The preserved, soft green vegetable (giam cai) was only slightly satly and dominant tastes were sweet and tangy. Works well to whet the appetite for the chunks of meat in the claypot. Next stop -- Go Kart They are on Buggy this time (can you recognize them?)... going on the

Preparation
This time round, I have the advantage of preparing some of the conversion traders weeks before actual course. I started them with recognizing chart patterns. For the first week, I showed them where to look out for potential levels that chart pattern will appear. I will then asked them to point out the chart pattern (if any) during our trading days, it is kind of stressful for them initially, but I think they are used to the "stress" by now. I then followed by adding layers on

Something light
I was rather early this morning to reach the trading room. One of the reason of course is watching the Nikkei opening. With another tension created by North Korea during the weekend, I know that chances are very high for market to gap down on opening. When the reflector was up, it was pointing at my exit level. No surprise, it open and all my positions are out instantly. Market gap down below SkyLand, below PAPLine-S2, close to S3, a HM formed. Within 2 minutes, reached targe


Using Fibonacci to guide your daily trading plan
A good Fibonacci (FIB) on a higher time frame chart (hourly) should last you weeks or months. Taking Nikkei 225 as an example, A FIB was created since 21st June 2017 and it has lasted us till today. On 29th Aug 2017 -- price finally reached FIB support -- 19,230 (event: this gap down was triggered by North Korea's missile). It then start to climb up to resistance 19,635. At this important support level, we can also see SkyLand coincide with this level. On 1st Sep, 2017, a dou