Market up-date for the past week

Forex....loss back what I gained from Mon to Wed on Thu. And by Fri after a couple more losing trades ( stopped out ) confidence also kena "whacked" which is harder to handle than just losing money. Luckily....after looking thru what I have done "right" until Thu then what I done "wrong" on Thu and Fri, I come to the conclusion that I must get back to the forex trading basic again before "cheonging" again. Anyway...it is just a case of forgetting the basic rules of trading that caused the loss and nothing to do with my trading call.

Stock....this week is a profitable week. Made money with my few trades eg Midas, Baker Tech for SG market and China Shipping Cont, Guangdong Inv, Xinao Gas for HK market. Now I am left with only SoundGlobal for SG and SMIC for HK market.

My trading plan for this coming week....may focus more on stocks for the moment and will buy on any pullback as I believed that with the start of the football - World Cup, volume is less and the market is also in for the closing of the Qtr/Yr-end for some companies, therefore there will be window-closing opportunities ( pushing up of share price for companies ).

For SG market....will focus on Midas ( just broke peak and is within less than 6% plus volume is coming back ) and Baker Tech ( if no issue with it's legal fight with SMC over it's stake in PPL then it will be a windfall for it's share price ).

For HK market....esp with the index back to above 20K points, there are a few stocks looking "good and cheap" eg Foxconn after getting "hit" due to what is happening in it's China plants, Fosun....with it's recent stake in Club Med, China Food....very cheap now with it's recent sell-down, Nine Dragons....same thing looking cheap after the sell-down, SMIC....same thing too after falling from HKD1.09 to present HKD0.66 with it's counter-parts from Taiwan TSM and UMC predicted further increase demand for "chips" in the coming years. Then....the China banks eg ICBC and BOC esp Agbank IPO is coming out soon.

For forex....I will go slow for the moment and watch the direction for the Eur/USD and USD/JYP. Will place trades....on Tuesday once the direction is clearer. From there, I will slowing build up positions for other pairs. It is a case of back to basic for me hahaha.