So here is the trick... dari Wui Feng

So here is the trick for IPO hunter... Always sell right away at the moment the volume injected... If you wait, it will be getting a downward trend... But sometimes on special cases (if the company is very good in fundamental), they will climb back in the afternoon. For a beginner, I suggest you to sell it right away hehe. Whatever it is, I'm glad that Malaysia economy is back on track... Let's see for the next 2 IPO, how will the result be.. Stay tuned! #Malaysia# #StockMarket#

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Gold proxy: Another round of golden time Trading Catalyst • With gold price hovering near US$2,000, the safe-haven commodity relatively attractive as a hedging tool against the toppish market condition. • Economic recovery to remain in a choppy mode following US Federal Reserve stance on interest rate direction over the next two years. • The CBOE Volatility Index (VIX) that represents the market expectations of 30-day forward volatility has jumped to 26.4 in late last month – the highest since mid-July 2020. • The weaker Greenback with the US Dollar Index falling to the lowest level since April 2018 also boosted the safe-haven assets #XAU/USD# #CrazyGold#

Wui Feng

How did you know your strategy works? Simply backtest it! Over and over again! You have to train before you go to fight so you will be prepared for what´s coming. Know your moves in each situation- when to enter, how to maintain your order and when you exit. #TradeNotes#

Wui Feng

Brent 28/9 - On daily timeframe for brent, the MA 50 and MA 200 still didn't cross like how WTI did. I'm expecting for brent to behave as WTI as well hence it will cross as soon market start since both have a positive relationship [Brent; Wti]. While on lower timeframe H1 - Bullish, H4 - Sideway, M30 - Bullish, M15- Bullish #BRENT.F# #WTI.F# #CrudeOil#

Wui Feng