USD/SGD earlier hammer did not trigger. Another hammer at level signal. Will it trigger?

Look for trigger - USD/SGD hammer at support.

Corn - H&S target reached. Watching for LONG sign

EUR/USD shooting star & USD/JPY Weekly Inverted Hammer and Daily Hammer plus Divergence

行情在半信半疑中成长

I have not been updating my blog since January.  MIA, where have I been?  Well, I went for baking and pastry courses.  Currently taking a break.  Therefore, been able to squire out some of my times to update my trading and investment blog.

I knew that a lot them have been waiting for the market to crash.  However, it did not.  Instead it kept going higher and higher.  Why?

Now, ask yourself - are you a retail trader / investor or big boy?  If your answer is retail then please think and act differently from the rest.  

Let's go back to my last post.  I mentioned two important things -

1. Big boys classify into 3 categories - 主力， 大户 和 法人。
2. The market is in the progress of 拉高

Today, I give you guys another 3 more sentences:-

• 行情在绝望中诞生
• 在半信半疑中成长
• 在全面欢乐中毁减

During Brexit and US election, everyone thinking that the market will collapse if Brexit exit and Trump got selected.  You guys knew the results and of course how market reacted.  This was what I so called 行情在绝望中诞生。And who came in?  Yes, the big boy 主力。

So where are we now?  What we saw over the past eight months were 行情在半信半疑中成长。  Retail traders/investors including your so called guru, been looking for the market to crash !  Guys, past eight months, did you see 行情 在全面欢乐中？ Did everyone go crazy and show much confidence on the market?

Trade what you see and not what you think neither others think nor telling you.  Never listen to others.  Remember this -  market only 10% of the investors/traders are winning $$$$.

Big picture, the US markets up trend is still intact.  Having said that, I am watching carefully for the decelerating channel and wave flip.  And Russell has been rebounded at the major support.  

Others markets like the Europe - DAX and CAC at decelerating channel and FTSE at the sideway market.  Asia market - Nikkei testing first major support, China A50, Hang Seng and Taiwan testing their resistant.  Watch for divergence at the same time.  Basically all the market currently are testing something.  So trade what the markets are going to tell.  And make sure you know where are your risks and rewards.  Last but not least, not forgetting to observe what is happening to your surrounding.  Remember the 3 sentences that I share in today post.  

Big boys are in the process of 拉高

After Breixt, after US election, do you guys still believe what the so called experts and analysts called.  Do you still believe oh today market went up because of this, tomorrow came down because of that......

US indices hit record high.  What does that means?  I thought market supposed to come down if Donald Trump got elected?  The market went the other way round, so does that mean US economic is going to get better because of US withdrawn from TPP, building wall at Mexico boarder.......US economic GDP will hit 4% as what Donald Trump promised.....?

Trump is highly playing political game.  Is going to have more enemies, is......  Look at the history when Reublican candidates became the US president, what happened.........  Initial discussion on TPP, infact US was not inisde the list.  But why Obama decided to join TPP after that?

The largest economic is the US, second China.  Although US pulled out from TPP, but Trump's press secretary Sean Spicer strongly announced and warned that the US will not allow international territories (South China Sea) from being taken over by one country.  Where is US and where is South China Sea?  What is the motive?

Supporters in US has high hope on Donald Trump.  US market reaching new high one day after the other.  So what doesn that mean?  DOW will go to 2XXXX ? 

Now we come to the real realistic of equities markets.  As my last post, the big boys will do a 拉高布空.  Now is the process of 拉高.  Let's wind back what happened to Brexit in June.

Breixt happened in mid June 2016.  Can you still remeber what happened on that day(s)?  FTSE came down 10%, after that......let the chart shows you.

Now we go the US election.  Mid of November, remember what happened to the equities markets?  Again let the chart tells you the story.

So what did we learn from these Brexit and the US election?  I learned, did you?  Do your own analysis, do not listen to others especially those you so called the experts.  Do not follow the crowd...... 

The market is in the progress of 拉高.  Mainly big boys classify into 3 categories - 主力， 大户 和 法人。During Brexit,  主力 came in, revert the market which killed lot of traders and investors which what I alway said market only 10% of the investors/traders made money.  

US election, the big boys infact already knew what the usual traders and investors trying to do, wasn't it?  Trump win, market will come down XX%.  Clinton win, market will go up..... The big boys knew people like to listen to others, people like to follow the crowd.... So what they do?  Yes, they did thing different from the others.  Once again, the minority win. 

Now, look at the progress from Brexit till now.  How far the maket has gone up?  What and who is left over?  Do this analysis. 

The big boys have gathered/accumlated numbers of tickets.  There is no way for the big boys to let go all those tickets over the night.  For markets to go higher, we need the baton to pass on.  Imagine this as 4x400m race.  主力 is the first one to start the race.  When the baton goes to 法人, who is the fourth person in the race?  

温水煮青蛙 , the big boys will create 假象 !