When we are clear bout the definition about "Trading", we are embracing volatility. What I shared was about taking advantage of maket volatility. It appies to Hang Seng as well. In fact HSI is my favourite market durng Asia time zone, this is because of it's volatility. During our afternoon and night, I will start to eyeball into CME's products.
Yes, I still do. A explained, indicators are mostly lagging when It triggered for eg. crosses up or down. Therefore, I use it to discern the market general weakness and strength. However, for market entry decision, I need precision, therefore you may adopt and explore into the insight I have shared.
Liquidity to benchmark with trading volume is subjective from contract to contract. If the market bid / ask volume is usually at 100 lots per side, but if your typical trading volume is about 200 lots per trade, then thaat contract may not be too ideal for you. However, if you trade about 1 to 10 lots per trade, that contract should be just right for you.
We should not benchmark whether a contract is tradeable by giving a rule of thumb for example as day market volume of at least 100,000 lots traded. Rather, if the contract you are trading, it's spread is tight and with constant flow of interest in every price moves, in my opinon, it is a tradeable contract. Once I qualifed that the contract is liquid enough to be included in my basket of tradeable contracts, the next variable is to study into it's volatility. I hope historically, it can present itself there is a good track record of good volatility.
It depends on your trading plan. For example before my day started, if I knew I am avaialble to trade intra-day trades, I will likely focus on 5 min charts. If I knew I cannot afford the time for such short term trades, I will plan for having a position instead. Therefore, my studies wiill revolve around 60 min, daily or weekly chart and etc instead. I have prepared a trader's profiling quiz on our website, do attempt it when you have the time.
I depend on how motivated you are in managing your own investment. If we want to DIY, in all things in whatever we are persuing in, we have to put in the hours, finances and commitment to make it work. I studied engineering, I did the above three and I am still learning new thing each trading day. I hope you can join me, putting in all the hard work and it will be a rewarding journey when we stay till then end.
Thank you for your question, it is a very good one.
As discussed during my presentation. Technical analysis, it is also an analysis or a measurement of market behaviour. Will there be any warning sign before any market to react adversely to any news like Wuhan virus? It is likely a yes.
On 21st Jan, "Trading signal 6" I have emailed, it indicated a sell for CME NYMEX Crude at around $59.15, see attached chart. Yesterday low was $52.13 or a 11.8% dropped. This opportunity yield more than any other markets.
About if such studies can be applied to Singapore market? Yes. Applying the same principles shared, it can be applied to all markets as well. Do explore into other markets, it offers me an alternative investment opportuinty when the other is stagnanted.
Could you elaborate "entering the second trade at the dip to protect the first trade"? It sounds like you are averaging on a losing position, which I do not advocate.
Before anything else, try to develop a study to uderstand the market trend first. Only when we can somewhat confirmed on a trend, on the point of entry, we adopt the "Buy 2, Sell 1" strategy. The one sold is to take profit, the other is to ride since it is a pending uptrend.
Yes, you are spot-on. Do look-out for inversed hammer that carries weighting. WTI Crude Oil has eased off more than $0.60 or about 12% since trading signal 6 was posted.
Many of the trading signals posted are also reacting according. I will archive all of them and their outcome after this case studies exercises for your revision.



