Trade updates :29/09/11

# GT2 signaled a buy at 2898, taking in a loss of 12pts from previous short at 2886 on the December CPO contracts.
#GT3 still no signal to reverse yet. Still holding long December contract at 2915.

Trade updates :28/09/11

#GT2 gave a short signal at 2886 for Dec CPO.
#GT3 still no signal to reverse.

GT3 UPDATE 26th SEPTEMBER 2011

Maiden signal for GT3 came out today, LONG NOV CPO at 2915!
Coincidentally, this is also the same LONG signal for GT2.
Yep,we know it's scary but things could be worse...we could be Singaporeans! YUCKS! PUI!

A NEW SYSTEM : GT3 TO BE LAUNCHED SOON

A new GT3 system based on mathematical calculations of price behavior to be used next week. We can only say that the entries and exit are almost similar to GT2..almost but not always!
Performance wise it mirrors GT2 based on our back testing.
Reason for new system, our funds getting too big to be trading RJ1 and GT2 only.
Will we be creating new systems in the future? Sure,so long as our funds gets bigger.
Why call it GT3? Because we ran out of names.

Happy stress free trading all!

ANALyst JOKE for 2011..

*1st JOKE :-- 7th July 2011, click HERE!! to read The Star news.. i help summarise it analyst predict CPO price to drop to 2800 within 2 weeks in July 2011 from price about 3020 level at news print.. AND YESSS exact same day CPO shoot up about +150 pts.. hehe

*2n JOKE :-- 3rd September 2011, click HERE!! to read The Star news.. got mix view here but the most notable from OSK Research expecting CPO to go to 3500-3600 level, no time frame though.. UOB maintain drop to 2900-2700 level.. at news print CPO at 3050 level..

**enough said, judge for yourself the suppose so called expert review.. my advise STOP PREDICTING!!! just follow the market.. haiyaaaa.. be it in Malaysia or the whole world mostly analyst view cannot pakai one... thats why USA also hit last time.. today AAA rating next few month bangkrup.. WTF!!!

CPO GT2 TRADE Update: 22nd September 2011

* GT2 signaled a short at 3028 this morning. We took in a loss of 10pts from previous roll over long at 3038.
We holding short at 3028 December CPO contract as of this morning.

CPO GT2 TRADE Update: 19th September 2011

* Rollover November contract to December contract at same price of 3038.
No new signals....yet!

CPO GT2 TRADE Update: 14th September 2011

* GT2 November contract signaled a long at 3023 ,taking in a loss of 2pts per lot from previous short at 3021.
*GT2 again signaled a short at 3pm opening at 2993,again we took a loss of 30pts per lot from morning long of 3023.
*Once again our super aggressive GT2 system signaled a long at 3009 and once again we took in a loss 16pts per lot.
At the end of the day, we are holding long November CPO at 3009.

#Getting whipped is part of trading. Thankfully days such as this don't come by very often, but when it does... just bite the bullet,it can't be helped!

CPO GT2 TRADE Update: 13th September 2011

* CPO GT2 system signaled a short at 3021, we took in a loss of 34 points from previous long at 3055..OUCH!

Totally unrelated to trading!

Indon, Bangla & Malaysian An Indonesian, a Bangladeshi and a Malaysian Chinese are in a bar one night having a beer. The Indonesian finishes his beer and suddenly throws his glass in the air, pulls out a gun and shoots the glass to pieces. He brags, "In Jakarta our glasses are so cheap that we don't need to drink from the same one twice." The Bangladeshi is obviously impressed. When he finished his beer, he throws his glass into the air, pulls out his gun and shoots the glass to pieces. He says, "In Dhaka we have so much sand to make the glasses that we don't need to drink out of the same glass twice either." The Malaysian, cool as a cucumber, finishes his drink, throws his glass into the air, pulls out his gun and shoots the Indonesian & the Bangladeshi. He says "Tiu Nia Sing! In KL we have so many Indons and Banglas that we don't need to drink with the same ones twice."

CPO GT2 TRADE Update: 9th September 2011

* CPO GT2 system signaled a long at 3055, taking a loss of 23pts from previous short of 3032.
We're holding long November contract at 3055 over the weekend.

CPO GT2 TRADE Update: 8th September 2011

* GT2 Signaled a short at 3032 today. We locked in a profit of 25points from previous long at 3007.

CPO GT2 TRADE Update: 6th September 2011

* Yesterday the 5th of September, GT2 signaled a short at 3037, but as the charts were out,we had to skip the trade.
*Today GT2 signaled a long at 3007,which we took.
*Thanks to perpetual screw up by the over paid and highly incompetent people working in Bursa,we missed adding 30pts per lot profit in to our trading account!

My Small Account Monthly Update: August 2011

*TOTAL profit withdrawal for 2011 stands at RM16,000!! heheh

Bursa deserves a tongue lashing!

No trades today because of the feed problem from Bursa to the live chart providers! I would suggests all our readers to call Bursa Customer Service at 03-27320067 and give them a tongue lashing!
The standard excuse use by Bursa would be your chart provider problem or streamyx problem;please don't believe their excuses!
Also refrain from using vulgarities on them as they'll put down the phone, I know because I used on them 4 letters , 3 syllables and 5 syllables vulgarities!
PUI! to Bursa.