News flashes are all on Ukraine-Russia tensions last evening. How well you understand your opponents behaviour Last night when we are having our usual tutorial session, we are still talking about the tight range that the market is trading this week (is market getting ready for something ...?), while we are discussing on what we could have done since it is such a tight range (which is good for sniper traders since we are aiming for a "fast in fast out trade"), trader ZH mentio

A lot of Sniper strategies are looking out for "market flaws"! What kind of flaws? We have found 2 examples this morning on Asia timing. ==> ES traded down without proper retracement and reach final Fibonacci target 161.8%. [Action plan on such flaws: see the reversal candle, act on it!] Second example, H1 players in NQ did a wrong candle near closing(BBC), when Asia traders took over, time to rectify the problem. For this kind of yummy trade, you can plan for multiple exits.

Since my last updates on 11 Feb, Nikkei 225 hasn't been moving much. **Nikkei 225 "Jump" on the NX signal yesterday :D [see from the chart below] Post extract from 11 Feb Blog The open position from the H&S has since reached it's target on 15 Feb, around 2pm with a Hammer(Signal) to continue with "NX". This "NX" trade also took profit on the same day, 5pm. Something that we observed: ==> The up-FIB BJ- zone offers good support. ==> The Down-FIB 423% is also offering good supp

Price has already drop to a crucial support level and there comes the News: https://www.cnbc.com/2022/02/14/stock-market-futures-open-to-close-news.html

If you are tested positive for Covid, you hope your symptoms are mild enough to carry out your day to day activities(when come to times like this, you wished you were an employee, getting that 5 days MC, I try to ask my business partner to help, he was like.... hmmm.... hahaha... I can understand his difficulty, we are both trading different style). I guess we are just "normal human", after 3 jab, you can still get it. For myself, I still managed to run my 3 evening classes w

It's already the 11th day of CNY, my last update on Nikkei 225 was on 除夕, I don't usually like to post anything when market is still moving well base on the original FIB that I have created. (Not like I will update whenever I changed my FIB, hahaha... My job is to teach you how to fish, not spoon feed). Lots of similar cute pictures posted on social media this tiger year, extracted this out from one of the contributor. Chart Patterns Most of our trained traders here should al

From the very beginning of this trading journey, we as trainers, swear by trading communities. A place where all the like minded people are able to mingle around, encourage one another when someone is feeling low, discuss about the market after class or discuss about class-work, and of course, there are many other advantages to have such a community. BUT, very soon, we also realise, if you follow the wrong type of people in the community, instead of helping you, it actually h

To be a good trader, first, we need to be a good analyst(which is what we are currently training our snipers to do), you must be able to flow together with the market. Learning to read the market is like learning a new language, need to have the environment and a lot of practices. Market movements are quite repetitive. Traders need to remember some of those important movements that market has presented previously and it will likely play out for you once again. Just like hunti

CNBC -- https://www.cnbc.com/2022/02/03/stock-market-futures-open-to-close-news.html On Thursday, the Nasdaq Composite, which is tilted towards tech shares, fell 3.7% for its worst daily performance since September 2020. The S&P 500 had its worst day in nearly a year, sliding 2.4%. The Dow Jones Industrial Average fell 518.17 points. “The sharp drop in FB market cap today and the accompanying drag on the S&P500 index is ... a stark reminder of the high concentration of mega-c

The Bank of England on Thursday imposed back-to-back interest rate hikes for the first time since 2004 and began the process of quantitative tightening. (Extracted this from CNBC: https://www.cnbc.com/2022/02/03/bank-of-england-hikes-rates-in-first-back-to-back-rise-since-2004.html On an hourly chart, an IvH&S pattern was formed on 27 Jan (A Hammer with L/S in sight), at the time of the News release, price spike and reached the target (161.8%). Nice job, Bank of England! Nasd