240409 Trades

On the Macro view, we are looking at the following in the late afternoon and evening:
1) US$ strengthening
2) Oil price declining
3) Index coming down

As US$ will be strengthening at evening, it will be better opportunity to sell the following currency at that time
1) AUDUSD, GBPUSD – we are looking at small downclose for AUDUSD, GBPUSD on the weekly chart. If opportunity permits you to hold the trade for several days, we can hold the trades. Selling of GBP on Mon and Tuesday and strengtherning of GBP on Wednesday.
2) EURUSD – we can long EURUSD in the afternoon and sell at night thru scalping
3) USDJPY – we can buy for scalping at night

EUR USD Hourly Chart

The market is showing signs of slow down reaching the support line. This is a resting period before the market will go up with a follow through. The strength may not be able to sustain as we may expect some selling pressure.

230409 trade

Dear all,

This is a trade done by our mentor Tobin and few other graduates on 23/04/09.

Regards!

Asrin

CABLE 23 April 09

Hi all .. hope you have capture this nice move on the downside for CABLE . In any form of trading or investing with or without leverage , the important point to take note is entry timing and price towards the expected rewards returns . Take notice of this 300pip movement and do not short change yourself . cheers ..

CABLE Downside Potential 22 April 09

Hi all .. Heads up when the Cable is trading around the opening price as we saw some weak upside, but mainly some follow through on the downside momentum for the day .. Trade with care and look out for any noise that might flush out some of your nice position.

S&P 500 22 April 09

S&P 500 21 April 09

S&P 500 20 April 09

USD/YEN Profits

By understanding the difference phrases and conditions of market can increase accuracy and profitable level. After entering of a trade, manage it for the maximum reward. A PICTURE = thousand words .

USD/YEN Hourly

Let the market relax a little into the BLUE zone before the coming rally. This mode of doing so can capture some beautiful price for a intraday move. Cheers ..

USD/YEN 21 APRIL 09

After a market sell off on Monday, the market found some resting point on this support zone for USD/YEN. Potential for higher upside movement when it can stay upclose and settle without much rejection. With strong closing , we can hold some position for follow through. Trade with care.

Our Trainers

ALASTAIR LEE
20 Years Trading Experience

PASSIONATE TRADER
Alastair has 20 yrs of trading experience in the financial markets. Started as a Futures Broker in Bullion brokerages, he went on to join Bankers Trust as a certified Institute Banking & Finance (IBF) Trader in 1989. By 1990, he became an Individual Non Clearing Member of the Singapore International Momentary Exchange (SIMEX) to trade his own funds. With soaring trading success, Alastair founded AIM (SIMEX TRADER) Pte Ltd in 1992, and has been directing the company.

EXPERIENCED EDUCATOR
In the mid 90s, he had been invited by the Singapore Exchange Education Department to run programs and conduct exams for qualifying professional traders into the exchange. In recent years, Alastair has conducted numerous courses, training both novice and experienced traders. Having a wealth of Trading and Training experience, he is set to share and exchange his invaluable knowledge with you.

A DISTINCTIVE MENTOR
Alastair is quick to recognize why many good trainers fail to produce successful traders. Alastair long understood that there simply isn't any one-size-fit-all trading approach, as students have different level of trading time frame, trading capital, risk tolerance, expectations and commitments. He recently joined Momentum's vast pool of traders in order to synergize the essences of trading with numerous strategies across time frame to bring all levels of trader to new height!

Tobin Chang
12 Years Trading Experience

Recognized & Formidable Independent Trader
Tobin Chang is the Founder & Education Director of Momentum Asia Pte Ltd. He is a certified Institute Banking & Finance (IBF) Trader since 1997.

Tobin has acquired over 10 years of experience in Trading Stocks, Options, Futures & FOREX. He started off his trading career in multinational banks and financial institutions such as the ING Barings and Refco before retiring from the corporate world as an independent trader.

Over the years, he has earned himself the reputation of being one of the most recognized & formidable trader in the industry with his consistent trading wins.

Tobin achieves financial independence before the age of 30 by applying a set of tested and proven trading techniques & strategies. Impressed by his excellent trading track record, he was invited by the Singapore Exchange Education Department to be their Guest Trainer of professional traders from 2002 to 2004. During the 2 years, he developed a passion in teaching and nurturing new traders and vows to impart all he knows to those who are committed to becoming a literate trader.