Trading Room – 15th Oct 2018
A rebound is expected this week for the Malaysia and global markets within a weak/downtrend market (see the Special Reports in the mPower Algorithm).
Should you participate as a trader in this rebound or should you stay aside? The answer lies in knowing where exactly is this rebound in the entire long term trend of the market in the coming weeks which is explained quite extensively in the mPower Algorithm report.
Meanwhile, an extracted list of the Model Portfolio for institutional investors are appended for mPower traders (see Special Report in the mPower Algorithm). These are also used by us for the mPower Trading Program, the details of the program which are available at the website and powered exclusively by our Master Algorithm in the Algorithm Division.
We have further upgraded the volatility study extensively of the Master Algorithm to aid us in picking tops and bottoms and we are pleased with the upgrade.
Do note that picking tops and bottoms are one of the hardest and riskiest elements of trading but one of the most lucrative as well and as elite traders, we always want to get as close as possible to a new trend or reversal to minimize our risk and maximize the reward.
The new upgrade will also allow us to identify potential explosive moves to trade and get in as early as possible on these moves such as the ones seen recently in Frontken and KGB on the Trading Sheet (TS), which rose over 70% and 30% respectively.
While the new upgrade is primarily for Institutional and our DT Program management, we will also use part of it for the benefit of mPower traders in our TS and other materials available under the MPAP.
The rise in volatility on the local market thus come at a most opportune time for the Algorithm to exploit in the coming days/weeks/months and this will be highlighted in the MPAP report for elite traders to take advantage of.