Forwarded from EZONE CONSTANTINE
Dow plunges more than 500 points, erases gain for 2018 - https://www.cnbc.com/2018/11/20/stock-market-dow-futures-negative-as-tech-stocks-sink.html
CNBC
Dow plunges more than 500 points, erases gain for 2018
The Dow Jones Industrial Average and S&P 500 fell sharply on Tuesday and turned negative for the year as a decline in Target shares pressured retailers, while some of the most popular tech shares dropped again.
LIVE NOW! TUNED IN WITH US! Mid-Day Review Bursa Malaysia. Topic: Market Psychology- Support and Resistance
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CLICK HERE: https://www.facebook.com/f1traderacademy/videos/442130162858330/
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Fred Tam
Bursa Malaysia Mid-Day Review. Topic Discuss: Market Psychology - Support and Resistance
Saksikan Siaran Langsung Sembang Saham bersama Ezone Constantine dan Fazida Suliman mengupas topik Psikologi Pasaran Pada Aras Sokongan dan Rintangan. KLIK DISINI https://www.facebook.com/f1traderacademy/videos/546939249113116/
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Fred Tam
Sembang Saham 21hb November 2018. Topik: Psikologi Pasaran Pada Aras Sokongan dan Rintangan
KLSE OUTLOOK FOR 22-11-2018 (THURSDAY): GLOBAL SENTIMENT REMAINS BEARISH - FRED TAM
STRICTLY NO CIRCULATION OUTSIDE OUR GROUP
Dear all,
The KLCI was lower by 15.34 points or 0.90% to close at 1695.37 and losers beat gainers by 494 to 322 while 1064 counters remain unchanged.
a
Volume was higher at RM1.9351 billion as compared to at RM1.5506 billion.
US Dow closed with a strong downside move of 900 points total two day, erasing 3.5% as market continue to worry over the possible rising interest rates and US-CHINA trade war. Last night, the crude oil continues its down move after breaking out of a bearish flag pattern. Bearish Crude oil price was supported with concern of higher production and demand deteriorating.
Europe market has gap up and has been trading sideways. As for our local Malaysia market, FBMKLCI close lower in line with two days drop of the US market. FBMKLCI remains below the 50 EMA hence we remain bearish on Malaysian stocks.
With the global market bearish sentiment, we remain cautiously longs and only selective stocks can be traded. For those of you who are aggressive, here are the stocks you may want to consider trading in: (available in our detailed newsletter). But conservative traders would like to stay aside for now.
While overall market remains soft, trader can consider trading the Futures Bursa Derivatives such as Futures Crude Palm Oil (FCPO) and Futures Kuala Lumpur Index (FKLI). It allows you to hedge or take the opportunity regardless market goes up or down. We highly recommend you join the upcoming 3 Months Course.
Info available at http://f1traderacademy.com/pcfta/
As for the FKLI (futures contract), we are short with buy stop at 1720 or higher and immediate downside targets at 1660. FCPO broke the support of 1964 but ended the day closing higher. Because it closed above its downtrend channel support, we may be seeing an oversold situation. We have entered aggressive long with an upside target of 2140. Cut loss on longs and reverse to short at 1948 or lower.
All the best for a great Thursday, be selective as we remain overall bearish.
ANNOUNCEMENT: Professional Certificate In Financial Technical Analysis (PCFTA) for JANUARY 2019 Intake is now open for registration, CLICK HERE TO ENROLL: http://f1traderacademy.com/pcfta/
Best regards,
Fred Tam
MFTA(USA), M. Phil(MMU)., MSTA(UK).,
CFTe.(USA)., ACCA(UK)
Principal Lecturer of F1 Academy of Technical Analysis’s 3-month Course
Malaysia's First Recipient of the Master of
Financial Technical Analysis (IFTA-USA)
F1 Academy of Technical Analysis
Level 3-22, 2nd Floor, The Scott Garden
Scott Soho Duplex Suite, 289, Jalan Klang Lama
58000 Kuala Lumpur
Contact No:03-7972-4090
+6013-2621218 (Amy) / +6017-2587783 (Cherry)
Website:www.f1traderacademy.com
www.fredtambookstore.com
www.fredtamnewsletter.com
www.tadsystem.net
All rights reserved. The above message contains information which may be confidential or privileged to Fred Tam's subscription list. If you are not the intended recipient, be aware that any disclosure, copying, distribution or use of the contents of this information is prohibited. If you have received this transmission in error, please notify the sender immediately or contact us at admin@fredtamnewsletter.com.
Disclaimer: Investments involve risks, including possible loss of principle and other losses. These articles and charts are provided for information only and should not be construed as as a solicitation to buy or sell any of the instruments mentioned herein. The author and/or his staff may have positions in some of these instruments.The author shall not be responsble for any losses or lost profits resulting from iinvestment decisions based on the use of the information contained herein.If investment and other professional advice are required, the services of a licensed professional person should be sought.
STRICTLY NO CIRCULATION OUTSIDE OUR GROUP
Dear all,
The KLCI was lower by 15.34 points or 0.90% to close at 1695.37 and losers beat gainers by 494 to 322 while 1064 counters remain unchanged.
a
Volume was higher at RM1.9351 billion as compared to at RM1.5506 billion.
US Dow closed with a strong downside move of 900 points total two day, erasing 3.5% as market continue to worry over the possible rising interest rates and US-CHINA trade war. Last night, the crude oil continues its down move after breaking out of a bearish flag pattern. Bearish Crude oil price was supported with concern of higher production and demand deteriorating.
Europe market has gap up and has been trading sideways. As for our local Malaysia market, FBMKLCI close lower in line with two days drop of the US market. FBMKLCI remains below the 50 EMA hence we remain bearish on Malaysian stocks.
With the global market bearish sentiment, we remain cautiously longs and only selective stocks can be traded. For those of you who are aggressive, here are the stocks you may want to consider trading in: (available in our detailed newsletter). But conservative traders would like to stay aside for now.
While overall market remains soft, trader can consider trading the Futures Bursa Derivatives such as Futures Crude Palm Oil (FCPO) and Futures Kuala Lumpur Index (FKLI). It allows you to hedge or take the opportunity regardless market goes up or down. We highly recommend you join the upcoming 3 Months Course.
Info available at http://f1traderacademy.com/pcfta/
As for the FKLI (futures contract), we are short with buy stop at 1720 or higher and immediate downside targets at 1660. FCPO broke the support of 1964 but ended the day closing higher. Because it closed above its downtrend channel support, we may be seeing an oversold situation. We have entered aggressive long with an upside target of 2140. Cut loss on longs and reverse to short at 1948 or lower.
All the best for a great Thursday, be selective as we remain overall bearish.
ANNOUNCEMENT: Professional Certificate In Financial Technical Analysis (PCFTA) for JANUARY 2019 Intake is now open for registration, CLICK HERE TO ENROLL: http://f1traderacademy.com/pcfta/
Best regards,
Fred Tam
MFTA(USA), M. Phil(MMU)., MSTA(UK).,
CFTe.(USA)., ACCA(UK)
Principal Lecturer of F1 Academy of Technical Analysis’s 3-month Course
Malaysia's First Recipient of the Master of
Financial Technical Analysis (IFTA-USA)
F1 Academy of Technical Analysis
Level 3-22, 2nd Floor, The Scott Garden
Scott Soho Duplex Suite, 289, Jalan Klang Lama
58000 Kuala Lumpur
Contact No:03-7972-4090
+6013-2621218 (Amy) / +6017-2587783 (Cherry)
Website:www.f1traderacademy.com
www.fredtambookstore.com
www.fredtamnewsletter.com
www.tadsystem.net
All rights reserved. The above message contains information which may be confidential or privileged to Fred Tam's subscription list. If you are not the intended recipient, be aware that any disclosure, copying, distribution or use of the contents of this information is prohibited. If you have received this transmission in error, please notify the sender immediately or contact us at admin@fredtamnewsletter.com.
Disclaimer: Investments involve risks, including possible loss of principle and other losses. These articles and charts are provided for information only and should not be construed as as a solicitation to buy or sell any of the instruments mentioned herein. The author and/or his staff may have positions in some of these instruments.The author shall not be responsble for any losses or lost profits resulting from iinvestment decisions based on the use of the information contained herein.If investment and other professional advice are required, the services of a licensed professional person should be sought.
KLSE OUTLOOK FOR 23-11-2018 (FRIDAY): MARKET CLOSES MIX AS INVESTORS REMAINS CAUTIOUS - FRED TAM
STRICTLY NO CIRCULATION OUTSIDE OUR GROUP
Dear all,
The KLCI was higher by 0.25 points or 0.01% to close at 1695.62 and losers beat gainers by 484 to 310 while 1112 counters remain unchanged.
Volume was lower at RM1.4139 billion as compared to at RM1.9351 billion.
US market closed mixed with Dow closing in red, while S&P 500 and Nasdaq closed positive. Market remains cautious anticipating the meeting between the two Presidents of Donald Trump and Xi Jin Ping at G20 meeting to be held 30th Nov. US market will be close on Thursday and Friday will be a half session as US celebrates Thanksgiving Day.
Europe market has been trading in the negative territory since market open. Asia market mostly close lower with China being the most negative as the market is trading cautiously with the development of the trade war. As for our local Malaysia market, FBMKLCI close higher but with a lower volume. With FBMKLCI remains below the 50 EMA, we remain bearish on Malaysian stocks.
With the global market bearish sentiment, we remain cautiously longs and only selective stocks can be traded. Stocks to watch for Friday(available in our detailed newsletter). But conservative traders would like to stay aside for now.
While overall market remains soft, trader can consider trading the Futures Bursa Derivatives such as Futures Crude Palm Oil (FCPO) and Futures Kuala Lumpur Index (FKLI). It allows you to hedge or take the opportunity regardless market goes up or down. We highly recommend you join the upcoming 3 Months Course.
Info available at http://f1traderacademy.com/pcfta/
As for the FKLI (futures contract), we are short with buy stop at 1720 or higher and immediate downside targets at 1660. FCPO rallied today after it closed above its downtrend channel support, with an oversold situation. We are hold on our aggressive long with an upside target of 2140. Cut loss on longs and reverse to short at 1948 or lower.
All the best for a great Friday, be selective as we remain overall bearish.
ANNOUNCEMENT: Professional Certificate In Financial Technical Analysis (PCFTA) for JANUARY 2019 Intake is now open for registration, CLICK HERE TO ENROLL: http://f1traderacademy.com/pcfta/
Best regards,
Fred Tam
MFTA(USA), M. Phil(MMU)., MSTA(UK).,
CFTe.(USA)., ACCA(UK)
Principal Lecturer of F1 Academy of Technical Analysis’s 3-month Course
Malaysia's First Recipient of the Master of
Financial Technical Analysis (IFTA-USA)
F1 Academy of Technical Analysis
Level 3-22, 2nd Floor, The Scott Garden
Scott Soho Duplex Suite, 289, Jalan Klang Lama
58000 Kuala Lumpur
Contact No:03-7972-4090
+6013-2621218 (Amy) / +6017-2587783 (Cherry)
Website:www.f1traderacademy.com
www.fredtambookstore.com
www.fredtamnewsletter.com
www.tadsystem.net
All rights reserved. The above message contains information which may be confidential or privileged to Fred Tam's subscription list. If you are not the intended recipient, be aware that any disclosure, copying, distribution or use of the contents of this information is prohibited. If you have received this transmission in error, please notify the sender immediately or contact us at admin@fredtamnewsletter.com.
Disclaimer: Investments involve risks, including possible loss of principle and other losses. These articles and charts are provided for information only and should not be construed as solicitation to buy or sell any of the instruments mentioned herein. The author and/or his staff may have positions in some of these instruments. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein. If investment and other professional advice are required, the services of a licensed professional person should be sought.
STRICTLY NO CIRCULATION OUTSIDE OUR GROUP
Dear all,
The KLCI was higher by 0.25 points or 0.01% to close at 1695.62 and losers beat gainers by 484 to 310 while 1112 counters remain unchanged.
Volume was lower at RM1.4139 billion as compared to at RM1.9351 billion.
US market closed mixed with Dow closing in red, while S&P 500 and Nasdaq closed positive. Market remains cautious anticipating the meeting between the two Presidents of Donald Trump and Xi Jin Ping at G20 meeting to be held 30th Nov. US market will be close on Thursday and Friday will be a half session as US celebrates Thanksgiving Day.
Europe market has been trading in the negative territory since market open. Asia market mostly close lower with China being the most negative as the market is trading cautiously with the development of the trade war. As for our local Malaysia market, FBMKLCI close higher but with a lower volume. With FBMKLCI remains below the 50 EMA, we remain bearish on Malaysian stocks.
With the global market bearish sentiment, we remain cautiously longs and only selective stocks can be traded. Stocks to watch for Friday(available in our detailed newsletter). But conservative traders would like to stay aside for now.
While overall market remains soft, trader can consider trading the Futures Bursa Derivatives such as Futures Crude Palm Oil (FCPO) and Futures Kuala Lumpur Index (FKLI). It allows you to hedge or take the opportunity regardless market goes up or down. We highly recommend you join the upcoming 3 Months Course.
Info available at http://f1traderacademy.com/pcfta/
As for the FKLI (futures contract), we are short with buy stop at 1720 or higher and immediate downside targets at 1660. FCPO rallied today after it closed above its downtrend channel support, with an oversold situation. We are hold on our aggressive long with an upside target of 2140. Cut loss on longs and reverse to short at 1948 or lower.
All the best for a great Friday, be selective as we remain overall bearish.
ANNOUNCEMENT: Professional Certificate In Financial Technical Analysis (PCFTA) for JANUARY 2019 Intake is now open for registration, CLICK HERE TO ENROLL: http://f1traderacademy.com/pcfta/
Best regards,
Fred Tam
MFTA(USA), M. Phil(MMU)., MSTA(UK).,
CFTe.(USA)., ACCA(UK)
Principal Lecturer of F1 Academy of Technical Analysis’s 3-month Course
Malaysia's First Recipient of the Master of
Financial Technical Analysis (IFTA-USA)
F1 Academy of Technical Analysis
Level 3-22, 2nd Floor, The Scott Garden
Scott Soho Duplex Suite, 289, Jalan Klang Lama
58000 Kuala Lumpur
Contact No:03-7972-4090
+6013-2621218 (Amy) / +6017-2587783 (Cherry)
Website:www.f1traderacademy.com
www.fredtambookstore.com
www.fredtamnewsletter.com
www.tadsystem.net
All rights reserved. The above message contains information which may be confidential or privileged to Fred Tam's subscription list. If you are not the intended recipient, be aware that any disclosure, copying, distribution or use of the contents of this information is prohibited. If you have received this transmission in error, please notify the sender immediately or contact us at admin@fredtamnewsletter.com.
Disclaimer: Investments involve risks, including possible loss of principle and other losses. These articles and charts are provided for information only and should not be construed as solicitation to buy or sell any of the instruments mentioned herein. The author and/or his staff may have positions in some of these instruments. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein. If investment and other professional advice are required, the services of a licensed professional person should be sought.
Heartiest Congratulations To All Our STA Candidates and PCFTA's Students for 19th Intake.
Please Welcome Our New Member Society Of Technical Analyst ,MSTA (UK) and CFTe (Certified Financial Technician)-International Federation of Technical Analysts- IFTA, USA
1. Gary Chew
2. Cheow Poh Khaw
3. Julieana Amburayan
4. Che Muhammad Bukhari
5. Kalwant Singh (Karl Sidhu)
6. Dr Luke Lee
7. Norhidayah Binti Sehat
8. Mohd Firdaus
9. Fred Chai MF
*Pass With Flying Colors
Professional Certificate In Financial Technical Analysis (PCFTA-MY) - 3 Months Course (In Collaboration With UNIMAS Business School)
1. Julieana Amburayan
2. Afnan Firdaus bin Abdul Shukor
3. Chai Meng Foong
4. Che Muhammad Bukhari Bin Che Mohd Razali
5. Chin Yit Kong
6. Chung Swee Min
7. E Hung Yang
8. Gary Chew Kiew Seng
9. James Chan Hock Jin
10. Kong Siew Kee
11. Dr. Luke Lee Tiong Sin
12. Muhammad Syafiq Bin Habibollah
13. Nadrah Binti Abdullah
14. Noor Azlan Firdaus Bin Mohamed
15. Ronald Phoong Voon Tet
16. Sally Chuah Gaik Lay
17. Tia Swee Hua
18. Tong Mang Yee
19. Wan Mohd Azziadi bin Wan Abd Jalil
20. Wong Ka Yue
*Pass With Flying Colors
I want to extend my big thanks to our dedicated lecturers Mr. Nicholas Tan, Mr. K.H Tan, Mr. W.C Choo,
Tutor: Mr. Ezone, Ms. Fazida, Ms. Nina Ibrahim, Mr. K.S Wong, Mr. Nicholas Kau, Mr. Amnart
Support Crew: Ms. Amy, Ms. Cherry, and Ms. Mary.
Yours Truly,
FRED TAM,
MFTA(USA), M. Phil(MMU)., MSTA(UK).,
CFTe.(USA)., ACCA(UK)
Principal Lecturer of F1 Academy of Technical Analysis’s 3-month Course
Malaysia's First Recipient of the Master of
Financial Technical Analysis (IFTA-USA)
=========================
Register For Next Intake
www.F1TraderAcademy.com/pcfta
www.F1TraderAcademy.com/pcfta
www.F1TraderAcademy.com/pcfta
Whatsapp/Telegram
Ms.Amy +60132621218
Ms. Cherry +60172587783
Please Welcome Our New Member Society Of Technical Analyst ,MSTA (UK) and CFTe (Certified Financial Technician)-International Federation of Technical Analysts- IFTA, USA
1. Gary Chew
2. Cheow Poh Khaw
3. Julieana Amburayan
4. Che Muhammad Bukhari
5. Kalwant Singh (Karl Sidhu)
6. Dr Luke Lee
7. Norhidayah Binti Sehat
8. Mohd Firdaus
9. Fred Chai MF
*Pass With Flying Colors
Professional Certificate In Financial Technical Analysis (PCFTA-MY) - 3 Months Course (In Collaboration With UNIMAS Business School)
1. Julieana Amburayan
2. Afnan Firdaus bin Abdul Shukor
3. Chai Meng Foong
4. Che Muhammad Bukhari Bin Che Mohd Razali
5. Chin Yit Kong
6. Chung Swee Min
7. E Hung Yang
8. Gary Chew Kiew Seng
9. James Chan Hock Jin
10. Kong Siew Kee
11. Dr. Luke Lee Tiong Sin
12. Muhammad Syafiq Bin Habibollah
13. Nadrah Binti Abdullah
14. Noor Azlan Firdaus Bin Mohamed
15. Ronald Phoong Voon Tet
16. Sally Chuah Gaik Lay
17. Tia Swee Hua
18. Tong Mang Yee
19. Wan Mohd Azziadi bin Wan Abd Jalil
20. Wong Ka Yue
*Pass With Flying Colors
I want to extend my big thanks to our dedicated lecturers Mr. Nicholas Tan, Mr. K.H Tan, Mr. W.C Choo,
Tutor: Mr. Ezone, Ms. Fazida, Ms. Nina Ibrahim, Mr. K.S Wong, Mr. Nicholas Kau, Mr. Amnart
Support Crew: Ms. Amy, Ms. Cherry, and Ms. Mary.
Yours Truly,
FRED TAM,
MFTA(USA), M. Phil(MMU)., MSTA(UK).,
CFTe.(USA)., ACCA(UK)
Principal Lecturer of F1 Academy of Technical Analysis’s 3-month Course
Malaysia's First Recipient of the Master of
Financial Technical Analysis (IFTA-USA)
=========================
Register For Next Intake
www.F1TraderAcademy.com/pcfta
www.F1TraderAcademy.com/pcfta
www.F1TraderAcademy.com/pcfta
Whatsapp/Telegram
Ms.Amy +60132621218
Ms. Cherry +60172587783