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My Trading Activities

I'm drawing red as resistance and blue as support (that's for the trendline).
As for the candle the positive candle is blue while the negative candle is red.

The 1st support for SGX is 14.50 which has been breached and the next support will be between $13.80 to $14.0




 

 

Hi remisier, could you mind  enlightening me as to what does the coloured code represents (ie: red, blue & non-coloured ones)? Thanks.

 

ooops I mixed up.

you're right.  It's shooting star

 

Remisier, thanks for the advice on buying in stages.

The candlestick for SGX yesterday looks more like "shooting star-like" than "hang-man-like" to me.

 

I bought SGX at $13.50 and Sold at $15.40
The tanking signal was shown yesterday after it formed a 'hanging man' candle plus it failed to maintain above the downtrendline.
By the way where do you see SGX is up?

 

Hi remisier,

why do you say that SGX is tanking when it is up today?

 

After SGX tanking more shares will tank where shorterm traders are taking profit include me.
I'm out with Yangzijiang, China Oil and China Energy. I'm reducing diversification with the intention to reenter SGX at later stage.



my updated portfolio:
Adv SCT
Guangzhao IFB
Wingtai
OSIM
Orchard Parade
Fibrechem
China Fish

 

DnApeh,

One important rule: 'Don't buy at the first 30 minutes when the market rallying in the US'
The operator will make the price open high and buy in at lower price later. This has been very consistent.

If you look at what happened with SGX yesterday. US market rallied strongly, SGX opened up but closed negative.


But if you're bullish with that stock you can buy in stages. Buy after 30 minutes (1/3) and when the stock is still bullish, you can see when it approaches lunch hour.
You can buy 1/3 after lunch hour. If you already positive during the day buy more (1/3) at closing bell.

In this case your purchase price is either around closing bell price or better than that.
 

 

Hey, remisier.

Can't win all the time one.

I also entered some at $1.

You did say that you will enter if stays above $1 yesterday.

I face the problem too. Buy already then the price drops.

Can you advise if it is neccessary to buy at closing bell then?Thanks.

 

I think, I need to hold my buying a little more till next Wednesday.
FED meeting next Wednesday and market will be very volatile.

 

dun forget new investors paying more for it recently

 

My Advance SCT is sinking so I'm wrong this time.

 

 

bought Orchard Parade at $1.70 will add more later.


my updated portfolio:
Adv SCT
Guangzhao IFB
China Energy
Wingtai
OSIM
Orchard Parade
Fibrechem
China Fish
YangZiJiang
China Aviation Oil 

 

Sold SGX at 15.40 to take profit after holding from 13.50 (need to shift to some laggards).
I was very suspicious with Ultro (see my posting below yesterday) and now it moves up strongly.

 

Ultro break out but no gut to chase.
Something is brewing with Envirohub

 

Sold Kingsmen at 69cents. I'm queuing to sell my SGX at 15.4

 

I purposely drawn a semi-log trendline in order to find the right support. And this look wonderful isn't it 

 

Hi, remisier.

I noticed that your red coloured downtrendline is curved. This is the 1st time i have come across.

I suggest maybe try log scale, then this line become straight. Same conclusion though.

 

Breakout from downtrendline since yesterday. Immediate target is $1.35 followed by $1.55

 

 

 


my updated portfolio:

Adv SCT
Kingsmen Creative
Guangzhao IFB
SGX
China Energy
Wingtai
OSIM
Fibrechem
China Fish
YangZiJiang
China Aviation Oil