Technical Trading Strategy

Trading Hr

SGX : 9am - 5pm

US: 930pm 430am

1-hr after market open
US, SGX, Index
SG-1 pip above yesterday's high

Look for hammer with high vol

US ~ 5 pip (0.05)

Look for reversal at support line

SGX/US~ < 2% from EP
1 pip below bullish reversal candle
at least 1.4 x ATR below EP
1 pip below bearish reversal candle
At least 1.4 X ATR above EP
Highest point of recent resistance
(1) Discipline
EP , SL and PT
US RRR > 1.8
SG RRR > 2
More than 6 mths from last 50D MA vs 150D MA crossover

Bullish reversal (Trading)

E.P (reversal)
EP validity
Stop Loss criteria (long)
Stop Loss criteria (short)
Profit Target Setting
Profit taking strategy (1)
Trading Plan
Risk-Reward-Ratio
Filter Criteria Scanned Stock
Pattern to align
Validity of signal
Max allowable Days to TP

Uptrend in Price Action & Market Index

3 days from scan
Need to adjust data daily for 3 days
Time Stop < 7 weeks
Release stock just before 7 weeks
(2) Intra day
EP & SL

Profit taking strategy (2)

Trading Plan
RRR

RRR US< 1.8 or SG <1.5

EP

SG/HK-1 bid ytd high (0.01)

US ~ 5 bids (0.05)
Individual appetite but exit before market close

Profit Target point

Profit taking strategy (3)
EP
SL
Trialing Stop setting
Profit Target (Trailing Stop)

(3) Immediate Trailing Stop

SG -1 pip ytd high (0.01)
US ~ 5 pip (0.05)
Long: 1 pip below bullish reversal
Short : 1 pip above the bearish reversal
Long : Use ytd LOW and set 1 pip below
Short : Use ytd HIGH and set 1 pip above
ytd low.
Long: When One pip below ytd LOW is
Short : when One pip above ytd HIGH is
broken
broken

Speculation Strategy
Speculation/Accumulation
EP (speculation)

HK /SG - 1 bid ytd high

EP validity

HKSE< 7% from EP

Training Plan

Only EP and SL ..NO TP

Taking Profit Target

1.
2.
SG /HK Bullish Accumulation
Filter criteria from scanner
data (apply 7 days search)
* also must do bearish
accumulation

1st profit taking at 7% from EP

2nd profit taking 1hr before market close

Do not need to consider trend

Need high vol for Flag pole, more than
8pips on pole is preferred
Flag volume must be less than 30% of
flag pole
Daily adjust EP & SL till breakout as
long RRR~1.4

Look for strong flag pole (white) w

black candle
Higher Probability for reversal,
with preceding high vol to trigger
breakout
Any px gap up that form the flag
pole, negate that stock
Negate stock with high vol formed
after flag pole

Money and Risk Management

No of stock/trade

Risk Mgmt

Profit Taking

Basic Rules
3 trades/wk (not inclusive intra day)
4:1 ratio (every 4 long or 4 short must
have 1 opposing trade for hedging
purpose)
Not more than 3% of trading capital per
trade

Scale the trade size according to

market trend ( eg. $500 down to $250 )

1) stick to predetermined profit target plan (u need to wait for PT, but remember u are
subjected to the risk of any overnight bearish news in the US market which may cause
this to hit SL)
2) use trailing stop loss strategy upon entry price. (until the candle break previous day
low, u will hold. your profit is when candle break previous day low) 70% profit
3) using intraday profit taking strategy which works for them. (upon entry price hit,
enter and close your position before market close)

Buy
Sell

Growth Stock (6 mths holding)

When bullish reversal signal present
Look for uptrend cross over
Must be based on technical analysis
When 50MA cross over 150MA