x 1

x 0

Hi Bintang,

Many thanks for your kind offer of help.

If there is any indicator tat is not available in chartnexus for which I need help, I will seek your kind help.

Thanks a lot, this is the beauty of a forum tat care n share n HUAT together less those ugly side tat makes a lot of distracting noises.

Bintang ( Date: 27-Sep-2009 19:12) Posted:

Hi richtan , thanks for your posting of explanation on Aroon indicator , I got this indicator from the metastock , please inform me what indicator u want , if I can get it from metastock , I will post it here for all who believe in TA to share .

richtan ( Date: 27-Sep-2009 17:17) Posted:

Hi Bintang,

Many thanks for sharing this indicator, which unfortunately is not available in chart nexus (is this in your metastock?)

Anyway, just to share about aroon indicator (very cheem, dun really understand their explanation, but fortunately, chartnexus has "ADX" (also trending up n above 20 with +DI above -DI:

Aroon Indicator

What Does Aroon Indicator Mean?
A technical indicator, developed by Tushar Chande in 1995, used for identifying trends in an underlying security and the likelihood that the trends will reverse. It is made up of two lines: one line is called "Aroon up", which measures the strength of the uptrend, and the other line is called "Aroon down", which measures the downtrend. The indicator reports the time it is taking for the price to reach, from a starting point, the highest and lowest points over a given time period, each reported as a percentage of total time. Both the Aroon up and the Aroon down fluctuate between zero and 100, with values close to 100 indicating a strong trend, and zero indicating a weak trend. The lower the Aroon up, the weaker the uptrend and the stronger the downtrend, and vice versa. The main assumption underlying this indicator is that a stock's price will close at record highs in an uptrend, and record lows in a downtrend.

Investopedia explains Aroon Indicator
For example, when a stock's closing price is equal to the highest price over the given period, the Aroon up will have a value of 100, which indicates that the time it has taken for the stock to reach its highest price has elapsed 100%, indicating a strong uptrend. In addition to extreme values, transaction decisions can be based on instances when the two lines cross. For example, when the Aroon up crosses up through the Aroon down, the stock is said to be in a new uptrend and should experience some upward momentum.

This indicator is very similar to the directional movement index (DMI) that was developed by Welles Wilder, which is also a very popular indicator used to measure the strength of a given trend.

Investopedia explains Directional Movement Index - DMI
The scale for the DMI is from 0 to 100. The average directional movement index (ADX) is a moving average of the DMI.

x 1

x 0

Hi Bintang,

Many thanks for sharing this indicator, which unfortunately is not available in chart nexus (is this in your metastock?)

Anyway, just to share about aroon indicator (very cheem, dun really understand their explanation, but fortunately, chartnexus has "ADX" (also trending up n above 20 with +DI above -DI:

Aroon Indicator

What Does Aroon Indicator Mean?
A technical indicator, developed by Tushar Chande in 1995, used for identifying trends in an underlying security and the likelihood that the trends will reverse. It is made up of two lines: one line is called "Aroon up", which measures the strength of the uptrend, and the other line is called "Aroon down", which measures the downtrend. The indicator reports the time it is taking for the price to reach, from a starting point, the highest and lowest points over a given time period, each reported as a percentage of total time. Both the Aroon up and the Aroon down fluctuate between zero and 100, with values close to 100 indicating a strong trend, and zero indicating a weak trend. The lower the Aroon up, the weaker the uptrend and the stronger the downtrend, and vice versa. The main assumption underlying this indicator is that a stock's price will close at record highs in an uptrend, and record lows in a downtrend.

Investopedia explains Aroon Indicator
For example, when a stock's closing price is equal to the highest price over the given period, the Aroon up will have a value of 100, which indicates that the time it has taken for the stock to reach its highest price has elapsed 100%, indicating a strong uptrend. In addition to extreme values, transaction decisions can be based on instances when the two lines cross. For example, when the Aroon up crosses up through the Aroon down, the stock is said to be in a new uptrend and should experience some upward momentum.

This indicator is very similar to the directional movement index (DMI) that was developed by Welles Wilder, which is also a very popular indicator used to measure the strength of a given trend.

Investopedia explains Directional Movement Index - DMI
The scale for the DMI is from 0 to 100. The average directional movement index (ADX) is a moving average of the DMI.

Bintang ( Date: 27-Sep-2009 10:58) Posted:

Although Midas did not close above 90 cents on Friday , it did not derail the upward trend . By checking its monthly chart , the Aroon Up is at 100 , n the Aroon Down is at 21 , this indicates that the uptrend has just started from here . The same thing happened in 2006 , during the last bull run , the Aroon Up went up to 100 at Dec2005 n lasted for almost 3 years then went down to cross the Aroon Down in Mar2008, then the uptrend came to an end . Therefore , Midas long term uptrend may start from this month . ( Last bull run , Midas started from 36 cents n went all the way to $2.20 according to Aroon Up n Down .)

x 1

"Trade Summary" at closing shows more buying-up with most trades done at 0.74, but of course, nothing is guaranteed, may change, so dyodd n BOSAYOR:

5GJ (AusGroup)

WEIGHTED AVG PRICE : 0.7394	LAST DONE PRICE : 0.740
SPREAD/PRICE RATIO : 0.0000	AVG TRADE SIZE : 34.789

< />

Last	Trades	Vol	BuyVol	Mid	SellVol
0.730	1	49	49	0	0
0.735	28	1,000	763	0	237
0.740	246	8,518	3,148	0	5,370
TOTAL	275	9,567	3,960	0	5,607

x 1

"Trade Summary" at closing shows heavy buying-up (almost doubled the sell-down) with most trades done at 0.905, but of course, nothing is guaranteed, may change, so dyodd n BOSAYOR:

5EN (MIDAS)

WEIGHTED AVG PRICE : 0.9003	LAST DONE PRICE : 0.895
SPREAD/PRICE RATIO : 0.0056	AVG TRADE SIZE : 25.67

< />

Last	Trades	Vol	BuyVol	Mid	SellVol
0.890	62	777	369	0	408
0.895	183	3,494	1,503	17	1,974
0.900	132	3,426	1,465	0	1,961
0.905	139	5,626	1,253	0	4,373
0.910	6	77	0	0	77
TOTAL	522	13,400	4,590	17	8,793

x 1

Very interesting "tug-of-war" between the black mice n white mice when the giant doze-off again.

When the giant wakes up again, they will again go into hiding except for a few adventurous "no scared die one".

x 0

"Trade Summary" at this point in time shows extremely heavy buying-up, but of course, nothing is guaranteed, may change, so dyodd n BOSAYOR:

5EN (MIDAS)

WEIGHTED AVG PRICE : 0.8990	LAST DONE PRICE : 0.910
SPREAD/PRICE RATIO : 0.0055	AVG TRADE SIZE : 32.827

< />

Last	Trades	Vol	BuyVol	Mid	SellVol
0.890	62	777	369	0	408
0.895	124	2,693	702	17	1,974
0.900	10	1,496	0	0	1,496
0.905	29	2,540	364	0	2,176
0.910	6	77	0	0	77
TOTAL	231	7,583	1,435	17	6,131

x 1

x 0

The giant is waking up now n the mice gone into hiding liow

bennykusman ( Date: 25-Sep-2009 12:09) Posted:

ya.. hope Midas will wake up soon ;p

richtan ( Date: 25-Sep-2009 11:59) Posted:

When the giant wakes up (like Wed), the mice will go into hiding agai

x 0

When the giant wakes up (like Wed), the mice will go into hiding again

richtan ( Date: 25-Sep-2009 11:35) Posted:

When the giant is taking a nap, the mice comes out to play

ozone2002 ( Date: 25-Sep-2009 11:32) Posted:

midas sleeping again..

x 1

When the giant is taking a nap, the mice comes out to play

ozone2002 ( Date: 25-Sep-2009 11:32) Posted:

midas sleeping again..

x 1

x 0

Oooops, sorry, should be "Black mouse playing against the white mouse"

richtan ( Date: 25-Sep-2009 11:28) Posted:

Black cats playing against the white cats

richtan ( Date: 25-Sep-2009 11:17) Posted:

When the cat is away, the mouse comes out to play

x 0

Black cats playing against the white cats

richtan ( Date: 25-Sep-2009 11:17) Posted:

When the cat is away, the mouse comes out to play

x 1

When the cat is away, the mouse comes out to play

x 1

Ooops, so sorry, didn't copr properly, got truncated, retry:

"Trade Summary" at this point in time shows more buying-up, but of course, nothing is guaranteed, may change, so dyodd n BOSAYOR:

5GJ (AusGroup)

WEIGHTED AVG PRICE : 0.7380 LAST DONE PRICE : 0.740

SPREAD/PRICE RATIO : 0.0068 AVG TRADE SIZE : 31.253

< />

Last Trades Vol BuyVol Mid SellVol

0.730 1 49 49 0 0

0.735 18 829 592 0 237

0.740 56 1,466 324 0 1,142

TOTAL 75 2,344 965 0 1,379

richtan ( Date: 25-Sep-2009 11:12) Posted:

"Trade Summary" at this point in time shows more buying-up, but of course, nothing is guaranteed, may change,
so dyodd n BOSAYOR:

5GJ (AusGroup)

WEIGHTED AVG PRICE : 0.7380	LAST DONE PRICE : 0.740
SPREAD/PRICE RATIO : 0.0068	AVG TRADE SIZE : 31.253

< />

Last	Trades	Vol	BuyVol	Mid	SellVol
0.730	1	49	49	0	0
0.735	18	829	592	0	237
0.740	56	1,466	324	0	1,142
TOTAL	75	2,344	965	0	1,3

x 0

"Trade Summary" at this point in time shows more buying-up, but of course, nothing is guaranteed, may change,
so dyodd n BOSAYOR:

5GJ (AusGroup)

WEIGHTED AVG PRICE : 0.7380	LAST DONE PRICE : 0.740
SPREAD/PRICE RATIO : 0.0068	AVG TRADE SIZE : 31.253

< />

Last	Trades	Vol	BuyVol	Mid	SellVol
0.730	1	49	49	0	0
0.735	18	829	592	0	237
0.740	56	1,466	324	0	1,142
TOTAL	75	2,344	965	0	1,3

x 0

"Trade Summary" at this point in time shows more buying-up, but of course, nothing is guaranteed, may change,
so dyodd n BOSAYOR:

5EN (MIDAS)

WEIGHTED AVG PRICE : 0.8930	LAST DONE PRICE : 0.895
SPREAD/PRICE RATIO : 0.0000	AVG TRADE SIZE : 17.794

< />

Last	Trades	Vol	BuyVol	Mid	SellVol
0.890	45	751	343	0	408
0.895	62	1,153	361	17	775
TOTAL	107	1,904	704	17	1,183

x 0

"Trade Summary" at closing still show more buying-up despite profit-taking which are well-absorbed with buying on dips, but of course, nothing is guaranteed, may change, so dyodd n BOSAYOR:

5GJ (AusGroup)

WEIGHTED AVG PRICE : 0.7421 LAST DONE PRICE : 0.735

SPREAD/PRICE RATIO : 0.0068 AVG TRADE SIZE : 46.369

< />

Last Trades Vol BuyVol Mid SellVol

0.730 1 50 50 0 0

0.735 45 3,170 2,603 0 567

0.737 1 21 0 21 0

0.740 136 5,500 2,778 0 2,722

0.745 80 3,261 1,162 20 2,079

0.750 65 3,207 481 28 2,698

TOTAL 328 15,209 7,074 69 8,066

richtan ( Date: 24-Sep-2009 16:12) Posted:

"Trade Summary" at this point in time shows more buying-up despite mild profit-taking which are well-absorbed with buying on dips,

but of course, nothing is guaranteed, may change, so dyodd n BOSAYOR:

5GJ (AusGroup)

WEIGHTED AVG PRICE : 0.7429	LAST DONE PRICE : 0.740
SPREAD/PRICE RATIO : 0.0068	AVG TRADE SIZE : 44.91

< />

Last

Trades

Vol

BuyVol

Mid

SellVol

0.730

1

50

0

0.735

41

2,458

1,891

0

567

0.740

90

3,464

1,895

0

1,569

0.745

80

3,261

1,162

20

2,079

0.750

65

3,207

481

28

2,698

TOTAL

277

12,440

5,479

48

6,913

x 0

"Trade Summary" at this point in time shows more buying-up despite mild profit-taking which are well-absorbed with buying on dips,

but of course, nothing is guaranteed, may change, so dyodd n BOSAYOR:

5GJ (AusGroup)

WEIGHTED AVG PRICE : 0.7429	LAST DONE PRICE : 0.740
SPREAD/PRICE RATIO : 0.0068	AVG TRADE SIZE : 44.91

< />

Last

Trades

Vol

BuyVol

Mid

SellVol

0.730

1

50

0

0.735

41

2,458

1,891

0

567

0.740

90

3,464

1,895

0

1,569

0.745

80

3,261

1,162

20

2,079

0.750

65

3,207

481

28

2,698

TOTAL

277

12,440

5,479

48

6,913

x 0

Asia

Europe

America

Commodity(** = 30 mins delayed)

Index	Last	Change	%	High	Low	Time
STI	2671.68	-14.26	-0.53%	2689.27	2658.39	16:07:15
Hangseng	21050.73	-544.79	-2.52%	21399.23	20963.37	16:01:32
Nikkei225	10544.22	173.68	1.67%	10566.98	10386.88	15:00:46
SSE	2853.55	10.83	0.38%	2886.26	2783.11	15:00:16
KLCI	1217.52	-1.55	-0.13%	1221.09	1216.19	16:06:01
SET	726.42	-4.10	-0.56%	729.22	721.08	15:06:12

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richtan ( Date: 24-Sep-2009 10:52) Posted:

x 1

x 0

Yes, but look at the stock chart of Ying Li, do u feel comfortable, I dun know about u but for me, I dun feel comfortable n at ease.

If u beleive in the FA n TA, just ignore all tat noise, they comes out to play when the bull is away (like yesterday).

adrianong ( Date: 24-Sep-2009 14:53) Posted:

Ying Li seems perform better than Midas leh... one idiot keep on selling 1 lot to pull down the price...

richtan ( Date: 24-Sep-2009 14:46) Posted:

Below is my chart analysis for sharing and exchange pointers.

My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA.

If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start

making unconstructive comments and plse do not be so childish or lunatic as to abuse the

rating system by intentionally rating it as "bad post", this is not cursing but Buddhism beliefs

tat intentional bad deeds will accumulate for yourself and possibly your next generation,

"bad" karma for your "bad" deeds. If u think it is a bad post, then be constructive and kindly

post your TA for sharing. This is only my view n I may be right or wrong, so dyodd and SOBAYOR.