Using EPF to Invest into Unit Trust & KLSE Stock Market

For those of you who wish to Invest Into the Stock market thru EPF Approved Unit Trust or directly into the stock market. Please do know that you maybe do so thru Apex Investment Bank. If you are interested, please contact me at +6016-8864229 or email me at wuipin@streamyx.com.

The Market now is consider bullish and is on its recovery, the worst maybe over.

New Highs: KLCI Futures 1166 & Dow Jones 9100

KLCI has hit a new high at 1166 and US Dow Jones has also hit 9100 Level. Market seems very bullish. How ever, beware of profit taking levels.

KLCI Futures soften down to 1150.50 yesterday after it breaks new high at 1166. Then went up to & Closed at 1157. I believe that KLCI Futures will always soften down a bit after it breaks a new high. it won't come down more than 20 points for now.



Trade using the Seller vs Buyer technique and monitor your MACD and Parabolic SAR. And take profit when u see the MACD starts to trend down.

KLCI Futures Breaks New High w Strong Uptrend

KLCI Futures has continued to break 1100 and is now at testing 1130. However, do bear in mind that KLCI has went up almost 100 points from the 1035 level.

The Current Support is at 1020 for today and resistance is at 1035.

CIT American Bank is facing bankruptcy risk and its fate will be decided within this few days. So do take note that this will affect the US Dow Jones market tonight and possible the regional trading sentiment for next week.

For those of you that are trading well, trade with stop losses and good luck.

My Current Futures Trading Indicators

Alot of people have been asking me what kind of Indicators I use. So I screen capture it and let you guys see. Straight Forward and very simple.

If you are a technical chartist, then you will know.

Side Way Trading

Morning Guys, its been 2 weeks since I updated this blog. I was away in China for a 10 Days Holiday and now even after I am back in Kuching, I have to do self quarantine for a week.

So I am only in the OSK Office by next Monday. Anyway, here is a brief summary of my view of the market. Market is now in a Consolidation Stage, following the bad unemployment report of nearly 10% for US Economy and the need of a 2nd Stimulus Package.



Market will move to a new trend after the consolidation, personally I feel the support level at this moment is 1035, and resistance at 1092. Normally July Month is a quiet & slow month, August is more active and bullish.

So therefore Buy low and Sell High. use 5 Min Chart for Day Trade, EMAC 2 & 5. Any queries, just sms me or email me. Thanks.

KLCI Slumps down from 1092

Beginning from Last Monday till today, KLCI continues to slump down trend, breaking a few support levels due to Lower Fuel Prices & Commodity prices. Penny stocks has suffered a massive sell down.

Oil Counters have fallen almost 20% from the previous high and I advise caution on trading Penny & Speculative stocks.

Regional Market shows that US Dow Jones were down by -200 points and hence today Regional Market will suffer a slight pull back. There is not much positive signals on the charts despite news is coming out that the economy is recovering.

Be very cautious during this Consolidation Period.

KLCI Daily Charts shows that its on a downtrend for now.

Bullish Regional Market Breaks New High?

Friday night US Dow Jones went up +28.34. Hopefully Monday the KLCI Will went up about 3 points also. Then it will do Sideway Trading.



Find the Support & Resistance and trade from there. Buy Low, then Sell High. I have use this tactic and have made some good money so far.



KLCI Chart still shows Bullish Sign and will be sideways during the Morning then you will see the direction in the afternoon, try not to hold any position over lunch time as Shanghai Market always affects our 2:30p.m. Opening.

How to Start Trading Stocks & Futures?

Last Saturday I attend a Stock Market seminar at Kingwood Inn Kuching which was done by two Futures Broker from KL. The Course was quite fruitful and I learn some new stuff again. I have been appointed as the Head of the Investment & Traders Club that was formed by the course and will dedicated myself to help the follow course mates to learn more about Trading Stocks & Futures.

Here are a few things that you need in order to start Trading Stocks & Futures.

1. Some Trading capital. Don't trade too small and don't trade too big. Trade with Capital that you can spare.
2. Find a good Equity/Futures Dealer that can really give you good service. Don't bother about the cheap commission that they can offer you. What we want in the end of the day is quality service and good advise. Not someome that's has 2000 customers and too busy to even give you good advice.
3. A Notebook that you can easily carry around with 3G Mobile Connection easier for you to trade or share trading skills. A USB Thumb Drive to copy important notes and information.
4. Charting Softwares like Metastock, with End of Day Data for Equities. OSK188 OMS is free and live but however, you can't do formula sorting with it as its just a Chart Viewing Software. NextView & Telequote is the best tool available for charting.
5. Day Traders will need NextView or Telequote as they are very important to chartist doing trend plotting and finding Resistance and Supports.
6. When they market is trading sideways, take a break and see how it goes in the afternoon. Too much frequent of in and out will burden you with Transaction Cost.

For those of you that is interested to join our Traders & Investment Club, please sms me at +6016-8762848 or email/msn me at wuipin@streamyx.

Wish you all happy trading in the days to come.

CI & Futures Break New High, but US Dow Jones only up +12.89pts last night.

After Dow Jones went up +79 points, and breaks new high. KLSE & KLCI Spot Month Index Opened Higher and was side way on Friday morning. However, KLSE & KLCI Was very bullish in the afternoon. KLCI Closed High at 1075.50 with a volume of over RM2 Billion. KLCI Futures closed at 1076.6 after hit new high at 1079.



KLCI Futures shows alot of signs of Bullish, however, due to the Slight up of only +12 point for Dow Jones, I think Monday morning will just be another Sideway Morning. Hence I will take profit 1st then wait for any signs of breaking the 1080 resistance before I long or Short Futures.



Morning Session we will need to watch Shanghai and HSI Index Trend, afternoon maybe US Dow Jones Futures & European Markets.

Wish you all the best of Luck on your Monday Trading.

Sideway Trading for 3 days.

The past 3 days has been side way trading for 3 Days. With Support Level at 1051 and Resistance Level at 1075 (Highest Level for Futures for 2009).

Today Futures Close at 1068, touching 1068.50 highest today.
It open low at 1051, due to the drop of US Dow Jones Last night.



It has came to a fact that the US Dow Jones Market will definitely effect the opening price of KLCI Futures. Last night US Dow Jones went down 69 points, but Futures was only down by 3 points and then open up high to 1068.50 after a whole morning of Side way between 1054 to 1058.



I long 1 Contract at 1068.00 today after seeing US Dow Jones Futures & European market was positive. Will Take profit at 8:45a.m. tomorrow morning if the market goes up in my favour.

I tend to try 1 over night position depending on the US Futures & European Market Indices. So wish us all the best of Luck.