10 August 2014

Roy Orbison : A Love So Beautiful

  • Came across this hauntingly beautiful song [iOS] in Kang Koo's Story, written by Roy Orbison and Jeff Lynne in 1988. Must go check out the rest of the Mystery Girl album.
  • The Michael Bolton version is good as well.
  • "A love so beautiful we let it slip away". This is one of those songs that you learn to love after watching a movie/show.

09 August 2014

ED Futures : Reversal at Top of Trading Band

  • Price action yesterday (Obama Iraqi air strikes announcement) revealing [Op 97-99, Hi 98-06.5, Lo 97-95, Cl 97-95.5 = strong reversal] the area around 98-06 as strong resistance.
  • Trades : Initial short EDZ6 at 97-95, added on at 98-04 and 97-98. Also short TYU4 at 125-22.
  • At this stage, having been disappointed again and again on the bond bear trade, am not looking for much on this. A return to the lows of the daily chart trading range around 97-80 would be immensely satisfying already.
  • Trade back > 98-06 would be :(     Not expecting this though.

06 August 2014

K-Drama : Kang Koo's Story

  • Beautifully made K-drama (sad love story). Only 2 episodes, total 2 hours, just like watching movie. 好看!
  • Great soundtrack.
  • Very good looking lead actress (Park Joo Mi).
  • Link.

EUR/USD : Weekly Turned

  • Took my eye off the ball, missed the initial break of 1.3515 in mid July while I was away. Really should have had a sell break GTC order in place. Unfortunately not.
  • Weekly chart : Trend change apparent. Want to be selling rallies (until 1.3515 is taken out again). Subsequent to initial break, had order in place at 1.3450 which was not filled.
  • Awaiting another short entry opportunity. Market almost always give you a 2nd chance. (The first pullback to 1.3444 wasn't it). Patience is key.

12 July 2014

Piano Scene from "Big"

Remember this from 1988 ... good movie. [iOS]
Can't seem to get any trades right for the past 3 months. Hence, hardly making any trades and the infrequent blog posts. (Also World Cup time).

03 July 2014

President Obama, Clint Dempsey and Tim Howard

[Link for iOS viewing]
Those assholes from FIFA keep blocking videos of the 16 saves.

02 July 2014

EDZ6 : Short again @ 98-02

  • Squeezed to death by previous rally to 98-20.5.
  • Try again. Sold at 98-02 on 27Jun (while in Shanghai, much hassle to get round the great firewall to post update, so didn't).
  • 50% and 62% Fibonacci levels for [98-20.5, 97-79] range = 97-99.75 and 98-04.65 respectively. High attained 98-04 where I had another sell order but was not filled. A pity. Order still in place.

12 June 2014

USD/CAD : Initiated Long +1.0861

  • New trade : +1.0861
  • Stop below recent lows around 1.0812
  • Assumption : Monthly periscope still in play. Weekly and daily trading towards bottom of consolidation ranges. Hence, buy.

09 June 2014

02 June 2014

EDZ6 : Confirmed Bear Squeeze Over ?

  • As always, fall in love with a trade idea and result = DIE first. Then after you are dead, trade works. And it does not ever work to think that you run just a small position to withstand the pain, because regardless of how small that position is, market will still squeeze you out first.
  • Monthly weekly and daily charts all now look to have finally run out of steam to the upside and ready to reverse/already reversed.
  • Sell rallies again.

17 May 2014

EDZ6 : Position Update

  • 13May : Stopped out 1RU short EDZ6 at 97.905
  • Balance 1RU short. Market seems determined to squeeze shorts out. 
  • Unbroken string of losing trades since Mar when I cashed in after a good run. Death by a thousand cuts slowly but surely eroding away all my banked in profits. Frustrating. 
  • China firewall seems to get worse and worse with each visit. Driving me mad. Now my Box account is blocked. Really stupid. 

12 May 2014

BPL 2013/14 : Congratulations to Man City

Deserving champions. Classy, dignified manager. Great individual world class talents. Their football always played in the right spirit (attacking, fair), have never seen any of their players resort to Suarez-like antics (ie cheating).

[Reckon Liverpool would probably have gained a lot more support from the neutrals for the title run-in of the past few weeks if their team did not have Suarez in it. Hint : My love for Steven Gerrard < my dislike of Suarez].