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Thursday, 30 June 2016

Spain IBEX Technical Analysis: 30 June 2016, Thursday, 8.15am Singapore Time

Spain IBEX Technical Analysis: 30 June 2016, Thursday, 8.15am Singapore Time

Attached above is the technicals for Spain IBEX Index.
Bearish. Added slight shorts on spain.
Fear may be coming back soon in Europe.

Wednesday, 29 June 2016

NZDCHF Technical Analysis: 29 June 2016, Wednesday, 4.04pm Singapore Time

NZDCHF Technical Analysis: 
29 June 2016, Wednesday, 4.04pm Singapore Time

Attached above is the Daily Chart Technical Analysis of NZDCHF:
Mid-long term bullish consolidation having a break-up, followed by backtest of resistance-turned-supports successfully.
Market makers also stablised this pair during Brexit results, making the forex pair a reliable pair post-Brexit.
Donovan Norfolk Technical Rating:
Bullish/Buy


Tuesday, 28 June 2016

Deutsche Bank Technical Analysis - RED FLAG HIGH ALERT: 28 June 2016, Tuesday, 7.20pm Singapore Time

Deutsche Bank Technical Analysis - RED FLAG HIGH ALERT
28 June 2016, Tuesday, 7.20pm Singapore Time

Attached above is the technicals of Deutsche Bank.
Note the following points below with reference to the technical analysis above:
1. Deutsche Bank has broken down long term symmetrical triangle of consolidation.
2. Deutsche Bank has broken down secular cycle's double-lined (dark brown) classical support lines. 
3. Deutsche Bank has broken down all the supports of the past crises: Dot-com bust, 9/11 Terror Attack, U.S Subprime Crash and the Eurozone Crisis, meaning it is currently in a state that is worse than the worst of the past financial market crises.
4. Extremely high volume dumping detected during U.S subprime crash, Eurozone Crisis and Brexit Fear. 
5. The critical breakdowns with extremely high volume occurred before recent major news such as BREXIT from EU (i.e. breakdown occurred without news), and this makes the breakdown reliable and real.

Donovan Norfolk Technical Rating:
Highly Bearish
(Potential trigger of MAX Fear and domino effect leading to a systemic market crash)
The fear may come only next year onwards after back-testing the secular support-turned-resistance as resistance successfully. That is when confirmation is achieved successfully that the shit has hit the fan.


Monday, 27 June 2016

Technical Analysis of Hang Seng Index For Your Learning: 27 June 2016, Monday, 2.25pm Singapore Time

Technical Analysis of Hang Seng Index For Your Learning: 
27 June 2016, Monday, 2.25pm Singapore Time

Attached above is the Hang Seng Index Technical Analysis for your learning.
Refer to previous live analyses below when the trade was taken:
I am taking profits of Asian Market Shorts starting this week as large amounts of hot monies worldwide have been flooding into Asia the past few months before BREXIT and continue to do so right after the post-BREXIT.

Above are the profits in (HK$) Hong Kong Dollar (HKD).
Below are the profits converted into (SD) Singapore Dollar (SGD).



Profits in this trade:
+ S$ 8,606 SGD

Cumulative:
S$ 1,428,568 + S$ 8,606
= + S$ 1,437,174 SGD

Trading Journal:


CNMC Goldmine: 27 June 2016, Monday, 7.15am Singapore Time

CNMC Goldmine: 
27 June 2016, Monday, 7.15am Singapore Time

Attached above is the technical analysis on CNMC Goldmine. Based on the worldwide re-accumulation of Gold emphasized over the last 3 years and reiterated especially strongly over the last 1 year, CNMC Goldmine will rally to a historical high never ever seen before. Tally the accumulation with the Gold chart below (accumulation regions and break-up point region in Gold).

CNMC Goldmine:
Bullish

Gold Chart updated 3 weeks ago on 3rd June 2016:

Summary of previous Gold Analyses:
Donovan-Norfolk highlighting, over the past 3 years and in early 2016, on Gold to be:
 1. Preservation of Wealth by Avoiding Stocks
2. In Re-accumulation mode by Big Monies worldwide
3. Rallying explosively after its tight range re-accumulation from 1150-1350.
4. Undervalued at anything below $1300 (my emphasis over the last 3 years and huge hedge funds' investment cum speculative accumulation over the past 3 years)

Friday, 24 June 2016

The forward-looking Wall Street: After BREXIT, what happens? What's next in financial markets?

The forward-looking Wall Street: After BREXIT, what happens? What's next in financial markets?


After BREXIT, the focus will no longer be British markets and the Great British Pound.

As the first EU member leaves, markets will start to worry who is next in line wanting to leave the European Union. The European dis-Union has been officially kick-started by U.K, the perceived trouble-maker inside the EU. Those economies that disliked being under the control of German leadership in EU may start to look to U.K. as the new inspiration. 

Markets, led by Wall Street, will start to be fearful of the future of Europe and the Euro currency next. This is the next chess move. Focus will switch from U.K to Europe, and from GBP to EUR from here on. Euro may start to be the new limelight while GBP continues to bleed.

European stock markets to remain in fearful mode, and this will affect stock-equities asset classes worldwide. Euro may also start to sell more than the British Pound when the awakening, led by Wall Street, starts to come soon. Asia will become the temporary safety shelter for hot monies worldwide. Expect hot monies to flood into Asia to seek for shelter for the short-mid term.

Gold to remain as safe haven to counter all risks while stocks generally bleed, less in Asia and more in Europe. Smart monies have been flooding into Gold, and Gold remains the best investment asset class worldwide as reiterated strongly with all the break-ups in gold charts shown to you to help you.
The Swiss Franc melt-up in 2015 topped at around +21% against the USD.
The GBP melt-down in 2016 may likely do the same temporary bottoming process at -21% from today's open in a few weeks' time. However,GBP is in a secular big downtrend.

Additional Side Note:
<< Brexit, UK, North Ireland and Scotland: Possibly More Chaos Coming >>
It is possible that Scotland could now say they want to break away from U.K. because Scotland was taken out of EU against its own will and that they have no reason to stay with U.K. anymore. It was because of EU that the Scots stayed with U.K, but now that U.K is no longer inside E.U, the Scottish have justifications to Brexit from UK as well. A second referendum on Scottish independence should be coming soon and that will see the Great British Pound receive another round of Great British Pounding. Maybe like the European dis-union, even the Union Jack will be dis-unioned. The UK may prepare to take out the Scottish flag that is embedded inside it if Scottish independence referendum passes as well. North Ireland in U.K may also vote to join Republic of Ireland.


High Frequency Algorithm at work right now in all the computer terminals and trading machines

High Frequency Algorithm at work right now

24 June 2016:

High Frequency Algorithm at work right now in all the computer terminals and trading machines:

Algorithm:
if (bremain) { sell on fact; sell also european currencies on fact;}
if (brexit) {sell doubly hard on fact; sell also european currencies doubly hard on fact;}


CHFJPY Technical Analysis: 24 Jun 2016, Friday, 8.25am Singapore Time

CHFJPY Technical Analysis: 
24 Jun 2016, Friday, 8.25am Singapore Time

While Brexit vote-counting is on-going, CHFJPY has one of the best price structures for trading in place of GBP-pairs. Best opportunities are not at the warzone areas of GBP anymore.
CHFJPY: Short (Bearish)

Note: 
Limelight areas are never where one should be in, and British Pound and Brexit is the limelight right now. The same is true of doing business as well: where the herd is, one should avoid. 


Thursday, 23 June 2016

GBPUSD Technical Analysis for your learning: 23 June 2016, Thursday, 10.22pm Singapore Time


GBPUSD Technical Analysis for your learning: 
23 June 2016, Thursday, 10.22pm Singapore Time

Attached above is the GBPUSD Technical Analysis for your learning.
Refer to previous live analyses below when the trade was taken:
Capitalizing on a powerful up-move today, I am taking profits of some (three-quarter, 3/4) of my British Pound Longs right now (risk management purposes) before the BREXIT results are out. The rest of the 1/4 are set with trailing stop at break-even (max loss = zero).

Above are the profits in ($) US Dollar (USD).
Below are the profits converted into (SD) Singapore Dollar (SGD).



Profits in this trade:
+ S$ 52,369 SGD

Cumulative:
S$ 1,376,199 + S$ 52,369
= + S$ 1,428,568 SGD

Trading Journal:


NZDCAD Technical Analysis: 23 Jun 2016, Thursday, 4.13pm Singapore Time

NZDCAD Technical Analysis: 
23 Jun 2016, Thursday, 4.13pm Singapore Time

Attached above is the technicals for NZDCAD.
Inverse Bump-and-Run executed in NZDCAD. Bullish
Long.


EURNZD Technical Analysis: 23 June 2016, Thursday, 9.33am Singapore Time

EURNZD Technical Analysis: 
23 June 2016, Thursday, 9.33am Singapore Time

Bearish. 
Short. 


Tuesday, 21 June 2016

EURCAD Technical Analysis: 21 June 2016, Tuesday, 9.43pm Singapore Time

EURCAD Technical Analysis: 
21 June 2016, Tuesday, 9.43pm Singapore Time

Attached above is the technicals for EURCAD.
It is an illustration of using dy/dx in making judgements and programming into your trading algorithm or chart screening and technical judgement. It can be applied to stocks, equities, and just about any financial asset class. Hope it is useful for everyone out there. 
Acceleration down is increasing in gear (measure the dy/dx as above).
Bearish. 
Short executed. 


Euro Stoxx 50 Technical Analysis for your learning: 21 June 2016, Tuesday, 9.26am Singapore Time

Euro Stoxx 50 Technical Analysis for your learning: 
21 June 2016, Tuesday, 9.26am Singapore Time

Attached above is the Euro Stoxx 50 Technical Analysis for your learning.
Refer to previous live analyses below when the trade was taken:
I am exiting and taking profits of all my Euro Stoxx 50 shorts today (risk management purposes).
Technicals (4-hourly Chart) as above.

Above are the profits in (E) Euro (EUR).
Below are the profits converted into (SD) Singapore Dollar (SGD).


Profits in this trade:
+ S$ 16,358 SGD

Cumulative:
S$ 1,359,841 + S$ 16,358
= + S$ 1,376,199 SGD

Trading Journal:


Thursday, 16 June 2016

NZDCAD Technical Analysis for your learning: 16 June 2016, Thursday, 11.56am Singapore Time

NZDCAD Technical Analysis for your learning: 
16 June 2016, Thursday, 11.56am Singapore Time

Attached above is the NZDCAD Technical Analysis for your learning.
Refer to previous live analyses below when the trade was taken:
I am exiting and taking profits of all my NZDCAD shorts investment now.
(i.e. cashing out the investment in the CAD buys made against NZD made in January).

From the wisdom chest of Donovan Norfolk:
Fixed mindset people only think about longs in stocks as investments. 
Growth mindset people think that anything in this world can be an investment including longs and shorts in ANY asset class.

Above are the profits in (CD) Canadian Dollar (CAD).
Below are the profits converted into (SD) Singapore Dollar (SGD).


Profits in this shorts investment trade:
+ S$ 30,011 SGD

Cumulative:
S$ 1,329,830 + S$ 30,011
= + S$ 1,359,841 SGD

Trading Journal:


Tuesday, 14 June 2016

Ascott Reit Technical Analysis: 14 June 2016, Tuesday, 10.08am Singapore Time


Ascott Reit Technical Analysis (Long Term Technicals): 
14 June 2016, Tuesday, 10.08am Singapore Time

Attached above is the long term price structure of Ascott Reit: 
The beauty is that the 3rd contact cluster of points are made after a treacherous backtest in the entire orange region. Smart Monies are really algorithmic and technical.
BEARISH

Ascott Reit Technical Analysis (Mid Term and Short Term Technicals): 
14 June 2016, Tuesday, 10.08am Singapore Time

Ascott Reit, a quality reit, has triple layers of high selling pressure resistance in the mid term and short term time frame too. If the leader of Reits pack is bearish, all other reits will be bearish and perform worse than the already bad.
Be cautious of all Reits. 

Donovan Technical Rating on all Reits:
Bearish Bias


Friday, 10 June 2016

Silver Technical Analysis: 10 June 2016, Friday, 3.15pm Singapore Time

Silver Technical Analysis: 
10 June 2016, Friday, 3.15pm Singapore Time

Attached above is the technical analysis for Silver.
Silver is completing a major bottoming out and ready for significant movement up, together with big move up in Gold.

Invest in Gold and Silver, or Gold and Silver ETFs, and not unit trusts, stocks-equities, reits or bonds.

Donovan Norfolk Technical Rating on Silver:
BULLISH


Thursday, 9 June 2016

NASDAQ-100 Technical Analysis for your learning: 9 June 2016, Thursday, 11.59pm Singapore Time

NASDAQ-100 Technical Analysis for your learning: 
9 June 2016, Thursday, 11.59pm Singapore Time

Attached above is the NASDAQ-100 Index Technical Analysis.
Refer to previous NASDAQ Index Analysis in January and February 2016 when I said buy on fear, and the reasons in Jan and Feb:

I am taking profits of the 4th batch out of 4 batches of NASDAQ longs holdings today. Full technicals as illustrated on chart. Buying on fear and selling on greed together with worldwide smart monies (funds flow analysis of hot monies) has, in general, never failed to earn me lucratively.

Another thing, for the past many weeks, because of the strategy of protective trailing stop adjusted upwards as the bull rebound goes, all my positions invested into NASDAQ-100 became free of charge, meaning maximum loss/risk of my investment is zero loss, and maximum gain is as high as the bull can go. Zero risk, zero loss, unlimited gains. But I am taking all profits off the table now (risk management). 

Above are the profits in ($) US Dollar (USD).
Below are the profits converted into (SD) Singapore Dollar (SGD).



Profits in this 4-month disciplined positional trading/investment trade:
+ S$ 197,680 SGD

Cumulative:
S$ 1,132,150 + S$ 197,680
= + S$ 1,329,830 SGD

Trading Journal:


Friday, 3 June 2016

Gold Technical Analysis: 3 June 2016, Friday, 10.52pm Singapore Time

Gold Technical Analysis: 
3 June 2016, Friday, 10.52pm Singapore Time

Attached above is the full technicals of Gold (Current Gold Price = $1241.40).

Refer to all the circled regions where I forewarned over the last 2 years that Stocks-Equities investors will suffer wealth destruction to their portfolio while those who transfer their stocks holdings to Gold will mostly preserve their wealth and can expect even more gains to come while most people would have already been damaged with bad losses.

Additional Note:
<< THE MARKET HFT ALGORITHM: Buy Gold on Dips >>
If Brexit is unsuccessful, European currencies and risk-biased currencies in demand and USD sells off, Gold rallies.
If Brexit is successful, fear floods the market and Gold rallies.


Donovan Norfolk Technical Rating on Gold and Gold ETFs (GLD):
Bullish mid-term
Bullish mid-long term
Bullish long-term
Suitable for investment

Past Gold Analyses:
http://donovan-ang.blogspot.sg/search/label/Gold

Thursday, 2 June 2016

AUDJPY Technical Analysis For Your Learning: 2 June 2016, Thursday, 11.10am Singapore Time

AUDJPY Technical Analysis For Your Learning: 
2 June 2016, Thursday, 11.10am Singapore Time

Attached above is the latest AUDJPY Technical Analysis.
Refer to the recent past live analysis which I made 2 days ago and entered the trade:

After giving the yellow flag and amber flag benefit of doubt, the red flag appeared today.
I have made the decision to cut all losses in this trade right now for risk management purposes.

Main consideration:
Technicals which led me to make the judgement of cutting as early as possible is on chart as above: yellow flag, amber flag and red flag. This is to limit the damage to as minimal as possible although the damage from a wrong short-term trade judgement had been committed.

Above are the losses in (¥) Japanese Yen (JPY).
Below are the losses converted into (SD) Singapore Dollar (SGD).



Losses in this trade:
- S$ 22,765 SGD
(A loss of -$22,765 in mere 2 days due to error in technical judgement is considered a bad trade)

Cumulative:
S$ 1,154,915 - S$ 22,765
= + S$ 1,132,150 SGD

Trading Journal:


Wednesday, 1 June 2016

CADCHF Technical Analysis: 1 June 2016, Wednesday, 9.27pm Singapore Time

CADCHF Technical Analysis: 
1 June 2016, Wednesday, 9.27pm Singapore Time

Attached above is the technicals for CADCHF short term, mid term and mid-long term trade.
I am buying CADCHF on dip. 
Multiple break-up supports as illustrated on chart.

Donovan Norfolk Technical Rating on CADCHF:
Bullish