April 1 - Result UJ (lost)

Above is the result of UJ trade last night. The result is lost 82 pips (hit SL).
Review:
Seems that the price move to CPP and then reverse it back. The time to close trade is about 6 pm something.

Tomorrow has NFP news coming out and the forecast NFP is positive value. Hmm, I guess I will continue to let 3 trades to open - GJ, GU, and EU

March 31 - UJ Long

From now onwards, I will post my tradings done as trading journal. The purpose not only can keep track my trading but also can review all the strategies that I used.

Today I make a trade at 10:xx pm. The reasons are very simple:
1) It cannot breakthrough important resistance which is 93.53
2) The trend is down

Therefore, I do a trade at 93.04. TP: 90.90, SL: 93.86





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My Investment Portfolio

Finally I have changed my status from "graduan" to "mahasiswa" after my convocation on 7 August 2009. Haha, sounds good. However, this also means that I need to work liao ~

Back to the topic, this year 2009 my target of my investment is to achieve at least ROI (return on investment) ~ 30%. Currently, I have 3 portfolio:
1. Unit Trust (the actual name of the UT I forgot liao, haha, need to check later)
2. Foreign Exchange (or so-called FOREX) - I still waiting for the opportunty to do a trading
3. Share - haha, recently I have started to bulk and build my stake liao

For Share, I just focus on Malaysia market only (KLSE). The reason I do this because the share price of foreigner is skyrocket!!! Haha, thus, I have no choice but to focus on Malaysia market first. Hopefully soon or later I can involve in foreigner market as well....

To date, my investment portfolio for KLSE is:
PPB (perlis plantation berhad)
IOI Corp

And I also want to prepare my bullet to buy on another company. Though currently my investment portfolio yields positive return, but still I would like to hold them longer due to several reasons:

PPB - It has various kind of business such as sugar (MSM), flour (FSM), cinema (GSC) and palm oil (tru holding Wilmar company which is the world largest palm oil company and is listed in Singapore)

IOI - Its main activity is involve palm oil.

So, from the above explanation, you can see I mainly focus on palm oil. Why? The reason is very simple. Palm oil has positive correlation with the crude oil. And, when the economy starts to recover, the price of the crude oil will increase as well. To date, crude oil per barrel is about USD 70.

In a nutshell, I hope that this blogging will become my trading journal. Thus, I will continue to review my strategies and results constantly.