恭喜发财 If you have not set your new year resolution in Jan 2018, you might want to start this CNY. I have started with my Sniper Club since beginning of Feb to draft their trade plan. I have also started with a fixed trading plan this CNY for 3 contracts (Nikkei 225, 6E & CL) to show them the "outcome" of having a simple trade plan. Beside having a trade plan, I think having a "purpose" is also important. Example: It can be planning for your son/daughter's education fund. I beg

This week, market is bearish trending. All 3 markets in our trading basket are in the same direction. Tool to use for trendy market -- Emolines Trading pull backs using moving averages(Emolines) We want to focus our attention on key chart levels of support or resistance using moving averages for pull backs. You can easily identify support and resistance levels and watch for price to pull back and enter on confirmation signal to enter. Emolines are usually better in obvious tr

For Dow to drop more than 1,000 points twice within a week is a rare opportunity, but something which every trader should witness and learn, in the course of their journey as a trader. (I’m writing this on Fri evening before US markets close, so if Dow drops another thousand points tonight, it would be the third time this week) This shall be a benchmark for you to check your own emotions, to gain some invaluable experience, so that you can benefit (tremendously) the next time