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

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Sunday, April 20, 2008

Crude Palm Oil Plantation Investment

I just went into a new investment today on Crude Palm Oil. I got to know about this Country Heights investment from my friends Paul & Joenia.


The returns will be based on the guaranteed return of 8% for the first 3 years and subsequently it is projected to distribute the average returns of 11% p.a. (up to 17% max) throughout a period of 20 years.

It also allows me to enjoy capital appreciation at the end of maturity years. When the investment maturity years end, the palm oil land will be put up for sale based on the valuation of current market price. The sales proceed will be distributed equally among the plot investors.

Thursday, April 17, 2008

Another 50 pips within 72 minutes!

GBP/USD - Long @ 1.9848, Closed @ predetermined stop loss 1.9898 (50 pips)

This is the strategy I taught at my Forex Mastery Asia preview session.

43 Pips in 3 hours!


Just went into the trade when I got home from my reservist training... My entry was slightly late, and hence the stop loss is greater than profit take. But, fortunately, this trade turns out to be a small winner.

GBP/USD - Long @ 1.9801, Closed @ predetermined profit take 1.9844 (43 pips)

Before I Went Outfield on Tuesday...

Before I began my outfield training on Tuesday late afternoon, I entered into a trade when I was listening to our exercise briefing by my medical officer in my BCS store (yup, I'm a medic!).



GBP/USD - Long @ 1.9729, Closed @ predetermined stop loss 1.9700 (-29 pips)
GBP/USD - Short @ 1.9719, Closed @ 1.9650 (+69 pips)
NET: +40 pips

It's once again an 'Options Straddle' Trade.

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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