Straits Times Index – [ 4 Down Days Wiping Out Almost 2 Months Of Gains, What Can A Trader Do?]

5th August, 2019, 9:35 PM

Straits Times Index – [ 4 Down Days Wiping Out Almost 2 Months Of Gains, What Can A Trader Do?]Straits Times Index 5th Aug 2019

Chart Source: Poemsview 5th Aug 2019

Straits Times Index took a huge plunge of about 5% since it started to fall on Wednesday. In 4 days of fall it nearly took out 2 months of gain in the STI. When panic spreads, it goes beyond any rationale. If a trader only knows how to go long in the market then he or she would be in big trouble.

That is why we’ll be conducting a workshop on 20th Aug (Tuesday) to coach and guide why using CFDs is vital in staying afloat in today’s market.

Knowing only how to Long and not SHORT would put a trader in a severe disadvantage as he or she can only trade in one direction. Hence it is of utmost importance to equip oneself with the knowledge and tool for shorting to hedge and manage market volatility .

Not only does Poems CFDs allow you to long or short the market it also allows you to trade our Straits Times Index. In fact, Poems CFD is the only CFD provider in singapore to provide the STI. So if you’re unsure of which stock to trade, there is always the Straits Times Index to trade.

Sign up via the link now!

https://www.eventbrite.sg/e/trade-war-interest-rate-cut-how-to-use-cfd-moving-average-to-manage-current-volatile-market-tickets-67919419813

We’ll see you there!

Yours

Humbly

Kelwin&Roy

Straits Times Index – [ Our Take On It And Our Game Plan]

5th June, 2019, 9:23 PM

Straits Times Index – [ Our Take On It And Our Game Plan]

Straits Times Index 5th June 2019

Chart Source: Poemsview 5th June 2019

Straits  Times Index had a terrible May and fulfilled the saying of Sell and Go Away in May. Our index has fallen 8.5% since the start of May but things might start looking up.

We have drawn two charts with the first stretching out from 10 years and drawing a long term uptrend line. So far that point hasn’t been tested which is around 3080 area.

Something to take note is that the bounce from 2016 and the bounce off that long term uptrend line in 2018 seems shorter now. Every bounce is shorter which to us is not a good sign. What might happen is that is uptrend line might be tested and a rebound might happen but we’ll be watching to see the strength of the rebound.

On a shorter time frame, the immediate support is around 3100 which is the short term uptrend line which we have drawn. We would like it to test that area and then rebound which would then complete this downward cycle and allow for a nicer rebound. With Dow having such a strong finish on tuesday night good chance we might see our Straits Times Index doing some catch up.

A good bounce to the 200ma might be the next resistance before we plan our next move. Should more good news follow like trade wars being resolved or more talks that could provide some underlying strength to the market. Or the recent rate cut which the fed seems to be signalling to the market. Most stocks have seen a brutal sell down and might be ready for a rebound.

So do be prepared as we markets remain volatile. So Sit Tight and tread carefully.

Do CONTACT US if you want to know more.

Yours

Humbly

Kelwin&Roy

Straits Times Index – [ Rebounding Off From Our Support, Looking At Next Target]

23rd July, 2018, 8:21 AM

Straits Times Index – [ Rebounding Off From Our Support, Looking At Next Target] Straits Times Index 23rd July 2018

Chart Source : Poemsview 23rd July 2018

Straits Times Index has had a rather nice rebound over the last week. STI hit our support of 3220 which held and started staging a rebound  close to 80 points from the low. In fact, it was one of the strongest market in the region when others were falling.

We’re glad we managed to alert our readers on this.

It has gone above the 10ema as we pointed out from our previous blog post From then our Straits Times Index showed great resilience and made a good come back.

Our next possible target might be 3334 area where there could be potential resistance.

One main concern might be the ongoing trade war which might even escalate to a currency war. And trump continues to talk about imposing tariffs on all $505 billion of Chinese goods. But the good thing was that market didn’t react too negatively to that. So we’ll continue to be nimble and trade accordingly to the charts.

Phillip Securities CFD is the only stockbroker in Singapore providing the Straits Times Index for trading! Do contact us to know more to take advantage of the rebound.

Another round of rebound might soon be coming.

Want to be part of our EXCLUSIVE CLIENT and be informed in advance of such trade analysis in order to plan and prepare?

Then be Kelwin & Roy’s client to enjoy such value added services.

Don’t miss out further!

JOIN THEM NOW!

Yours

Humbly

Kelwin&Roy

Straits Times Index – [ More Updates And Game Plan After Trump Announced Tariffs on $200B More Chinese Goods]

12th July, 2018, 8:25 AM

Straits Times Index – [ More Updates And Game Plan After Trump Announced Tariffs on $200B More Chinese Goods]

Chart Source : Poemsview 12th July 2018

Straits Times Index opened much lower on Wednesday after Trump announced another round of tariffs in the morning.

At one point of time our Straits Times Index was down over 50 points scaring most traders and investors. This was perfectly normal as the announcement was made early in the morning and traders started to dump their shares.

There were a few interesting things that stood out for us.

  1. STI fell and hit our downtrend line support which we drew on Monday
  2. STI fell and hit our horizontal support which we also drew on Monday
  3. STI closing is very close to the 10EMA

Our game plan now.

  1. Watching the 10 EMA closely to see if STI is able to close above it again.
  2. Watching the support around 3220 region to see if that can hold

Don’t be too anxious to make a move. Watch for more stability before making a move.

Want to know more how you can long or short the Straits Times Index with ease?

We’ll be holding a workshop on CFD : (All and Why you need to know about it.) on 18th July.

Do Register for it as we’ll also go through how to use CFD for SHORTING. A Very crucial tool a trader needs to have in this day and age of trading.

https://www.eventbrite.sg/e/cfd-all-and-why-you-need-to-know-about-it-tickets-47616183286

Yours

Humbly

Kelwin&Roy

 

Straits Times Index – [ Is the Rebound Coming? ]

29th June, 2018, 8:36 AM

Straits Times Index – [ Is the Rebound Coming? ]Straits Times Index 29th June 2018

Chart Source : Poemsview 29th June 2018

Straits Times Index has dropped about 10% from a high of  3641 to a low of 3237 a healthy correction in a bull market.

Our previous support didn’t hold at 3295 which then came down to a low of 3237. If this support doesn’t hold then 3199 could be on the cards.

We are now watching to see if this support holds before making any move. The immediate resistance might be 3267 breaking above that might see it test the near term resistance at 3295 . If market continues to rebound then we might see 3340 area.

We’re watching closely for a rebound and Banks like ocbc, dbs might be a sector that might lead the rebound.

Yours

Humbly

Kelwin&Roy

 

 

Straits Times Index – [ Rebound In Sight? ]

21st June, 2018, 8:43 AM

Straits Times Index – [ Rebound In Sight? ]Straits Times Index 21st June 2018

Chart Source : Poemsview 21st June 2018

Straits Times Index have fallen to our 3313 region which we previously mentioned and seems to be forming a base around that area.

If the support continues to hold we might see a rebound coming soon as trade war news might have overplayed for now and market might have absorbed some of the bad news.

We’re looking at 3340 as a resistance and a break above that might see us up towards 3378 area first. We’re looking at certain stocks to rebound too as we round up some of our shorts for now.

Want to be kept informed about the latest movement?

Be A CLIENT OF KELWIN&ROY and learn how to be part of this exclusive community.

Yours

Humbly

Kelwin&Roy

Trump-Kim Summit – [ Impact On STI]

11th June, 2018, 8:15 AM

Trum-Kim Summit – [ Impact On STI]

Photo Source: intellasia.net
Chart Source : Poemsview 11th June 2018

The highly anticipated Trump-Kim Summit is finally going to happen on the 12th June 2018.

A little like a korean drama where the summit was moving on as planned, got cancelled and finally it’s going to happen.

Both Donald Trump and Kim Jong-un are in Singapore along with thousands of journalist covering this historic event.

With regards to the impact on our local markets, this significant event might not have that much of  an impact on our markets. Most are expecting a successful summit between President Donald Trump and North Korean leader Kim Jong-un but wouldn’t expect a very detailed plan on the denuclearization on North Korea’s part.

Most would expect a positive spin on the summit which could lead to further discussions. What might be negative is that talks break down and nothing is achieved.

What might impact the market more would be the upcoming Fed meeting ending Wednesday which market are expecting Fed to increase rates.

Trade Wars headlines could continue to rattle the markets. With the trade war going on, this could continue to bring uncertainty to the markets.

World Cup is starting on 14th June at 10pm which also could have some impact on the markets.

Overall, given June is a quieter month given its the June holidays where most traders are away with their families, we could see STI having some swings as volatility continues to take center stage. With lighter volume this increases the chance of bigger swing.

We might See STI heading down to reach our lower support and only when it breaks out of the downtrend line then we might be more convinced of an uptrend.

Our STI support might be around 3397-3405.

Be a CLIENT To get the LATEST UPDATES and ANALYSIS from our Top Tier Remisiers Kelwin&Roy.

Yours

Humbly

Kelwin &Roy

Straits Times Index- [The Rebound Continues]

18th April, 2018, 10:59 PM

Straits Times Index- [The Rebound Continues]

Straits TImes Index 18 Apr 18

Chart Source: Poemsview 18th April 2018

Straits Times index was the best performing market in the Asia-Pacific region today with the index up by 1.7%, and breaking above the Downtrend line resistance which we were keenly watching for .

Since early April , Straits Times Index ( STI)  has moved according to our analysis which we blogged that April was historically a positive month and last week we alerted on our blog that we were closely watching out for the breakout of the downtrend resistance line in STI for more bullish signs.  Indeed STI broke and close above this downtrend resitance line today and has risen over 4% from our Early April blog on STI.

If STI can remain above this downtrend line resistance , the next possible upside resistance may be 3568 follow by 3609 which was the January high before the market correction .

We have shared many stock analysis with our clients to capitalized on this recent rebound . Would you like to be part of our Thriving Trading Community and be inform of the latest market movement and ideas via our Timely Whatsapp Analysis ??

Then Click HERE to open your trading account and be served by a team of Top Tier Remisiers.

We will also be sharing in our upcoming 24 April Seminar on how you can make use of the Complimentary SGX enhanced market depth which Poems is offering for FREE till 29 June 2018 and complement with our trading Strategies to spot the recent rebound in stocks and enhance your trading.

So Register HERE, Mark your Calendar and See you on 24th April !!.

Yours

Humbly

Kelwin&Roy

Phillip Securities Enhanced Market Depth- [Opportunity to enhance your trading]

16th April, 2018, 11:18 PM

Phillip Securities Enhanced Market Depth- [Opportunity to enhance your trading]

Phillip Securities Enhanced Market Depth

What is market depth?

Ever heard of your peers mentioning how they see the stacking of the buy and sell queue of a stock at different price levels. Or how some traders  monitor closely the addition and subtraction of orders on a stock’s market depth ?

Market depth or Queue track displays the number of Buy orders and Sell orders of each price level of a particular listed stock,  up to 20 levels of pending orders on each Buy and Sell side.

Want to know how to make sense of it?

Phillip Securities is the first broking house to offer the enhanced market depth that shows the number of individual orders at every price level. With this, one would know how many unique orders are there at every price level and this could help determine the forces behind each price level

For a limited time from 2 April to 29 June, we are offering this SGX Enhanced Market Depth for FREE!!

Want to know more on how this enhanced market depth can help you in your trading?

Then our Upcoming Seminar is for you. Not only will we share how to use the enhanced market depth, we will also be going through our strategies and how to integrate market depth with simple technical analysis with our recent ideas such as Hi-p,  Olam,  St Engineering , UMS, YZJ and many others .

Mark 24th April down as there are limited seats available!

Don’t miss out on this rare opportunity to be coached by Phillip Top Tier Remisiers Kelwin&Roy.

Register at this link below Right Now and See you on 24th April  .

https://www.eventbrite.sg/e/trading-success-identify-stocks-with-a-winning-edge-tickets-45068348644

Regards

Kelwin&Roy

Straits Times Index – [ Another Round Of Updates]

13th April, 2018, 11:39 PM

Straits Times Index – [ Another Round Of Updates]Straits Times Index 13th April 2018

Chart Source : Poemsview 13th April 2018

Straits Times Index was one of the most impressive performer in the  region for the week as it covered the gap which we were looking for.

Just two weeks back when April started we blogged   that we were cautious optimistic as April historically is an up month. Indeed for the last week the Straits Times Index has risen over 2% and coming close to our next resistance which is the downtrend line.

Can STI power through and breakout of that downtrend line next week?  Could STI consolidating a little bit before breaking out? We’re watching eagerly and would consider entry on dips in the coming weeks. Having caught the first round of rebound its time to look out for more opportunities.

If you missed the recent rebound and are unsure of what stocks to look at, perhaps just narrowing your scope to a few stocks or even our Straits Times Index might do the trick.

YES! You’re able to trade the Straits Times Index with ease using Poems CFDs if finding individual stocks might be tough for you.

We’re the only CFD provider that have the Straits Times Index available.

So mark your calendar as come 24th April  we’re be going through how to use Poems CFD to long or short the Straits Times Index and also reveal how we spot the recent rebound once again.

More details will be shared in the coming week so stay tune.

Yours

Humbly

Kelwin&Roy