I have moved this blog to the new site at (1) www.KoonLip.com, where I continue to chronicle my life journey after 26, and (2) www.ForexAsiaAcademy.com, where you see my graduates LIVE results.

Forex Asia Academy 2009

If you are interested to find our more about me, Forex Trading or my Forex Asia Academy, let me welcome you to my complimentary Forex session. Please feel free to visit my corporate website to find out more. Get in touch with you real soon!

Saturday, April 12, 2008

Shenzhou RTO Investment

I bought into a very good pre-IPO offering sometimes last month... Widely known as the next Alibaba.com on the Hong Kong Stock Exchange, China Shenzhou Union Telecommunication Technology Co Ltd is going to be listed via RTO (Reverse takeover) within the next 3 to 4 months.

Generally, you want your pre-IPO share to gap up in great value when it officially listed on the stock market. This is one type of instrument that you earn 'fast money' in a short period of time, typically within 100 days!


Recently, I got this newspaper article (above) from my China correspondent, good news!

Wednesday, April 9, 2008

Reservist In-Camp Trades (54 pips)


I have nite out tonight and I'm posting my trades I placed on my PDA during my reservist training.

Today's trade (Apr-09, 'Options Straddle' Trade)
GBP/USD - Long @ 1.9697, Closed @ 1.9734 (+37 pips)
GBP/USD - Short @ 1.9688, Closed @ predetermined stop loss @ 1.9715 (-27 pips)
NET: +10 pips

Yesterday's Trade (Apr-08)
GBP/USD - Long @ 1.9856, Closed @ 1.9900 (+44 pips)
NET: +44 pips
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