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How Bro Lun, still holding CNA?. Huat ah!

Lun1984      ( Date: 19-Jul-2013 11:09) Posted: Both my CNA and Innopac bleed a river.. enter and exit almost highest and lowest point =( librajet      ( Date: 19-Jul-2013 10:57) Posted: Bro Lun, how is yr Innopac?

 

opposite of when sellers keep throwing but u see buyers coming in and px the most drop 1 bid or remain the same.......so when SHORT into strength u see the buyers eating but sellers will top up sell q and the most is up 1 bid or remain the same.......so just follow q to SHORT at current px or 1 bid higher........LOL

Stockcham      ( Date: 19-Jul-2013 22:46) Posted: Bro, can enlignten me what is " short into strength" . I must learn from short master!  Huat ah!  ace333      ( Date: 19-Jul-2013 15:44) Posted: my time frame next week 5 days SHORT into strength.......after that better not le......lol......just my opinio

 

Sis winterQQ, I expected CNA will matched high probably below 165. I also didn't expect it that high. Your Chasen got 4 black candles in a row but still can tahan at 385. I wonder how long it can last. Good luck and huat ah!

winterQQ      ( Date: 19-Jul-2013 11:59) Posted: LOL!!    bros ace333, librajet, 2 of u seems having fun!!    u can PM me the name, i want to kpo oso ley.    btw, bro stockcham, I never buy at .192, my post just to express how shocking I was   at the matching price. I gave myself the highest price of 180 to match, any higher sorry liao.  bro iluvboost, like what bro stockcham said, if no white candle today for chasen, I'll cut tmr. All the best everyone and HUAT Ah!   joseeng      ( Date: 19-Jul-2013 11:51) Posted: bro librajet, your inbox gonna be flooded liao.....lol

 

Thanks bro for your kind words. Will think over what you said! Good luck and huat ah!

PauloGan      ( Date: 19-Jul-2013 12:27) Posted: U think too much. There is no 100% accuracy. U made the call based on your experience. Why wanna apologisepto those who follow blindly? In the real world, the truth is not beautiful. Your intention is good, that matters. Stockcham      ( Date: 19-Jul-2013 12:19) Posted: Bros, making a call is always not easy. If goes up, I'm happy for you. If goes down, I feel so bad. As some of my bros told me it is better not to make a call. After some thoughts, I think it is good not to make a call. Maybe we just share on what is the resistance and support price. Share on views of certain counter if not sure. I think that will be a better approach. For those who bought CNA and win, congrats to you and hope you huat big big. For those who bought China Mining because of my call, I will say paiseh to you. Frankly, at the moment I don't know what will happen to this counter. If any bros are worried and want to sell, I'll let you all sell first. I will be the last one to sell.  Lose money I can make back next time. Good luck and huat ah!

 

Bro, can enlignten me what is " short into strength" . I must learn from short master!  Huat ah! 

ace333      ( Date: 19-Jul-2013 15:44) Posted: my time frame next week 5 days SHORT into strength.......after that better not le......lol......just my opinion librajet      ( Date: 19-Jul-2013 15:40) Posted: I small fly how to be BBs, look at the time I covered haha. Move up good, more meat next week heh

 

Bro, if u did notice, the BB tried triggering a selldown by throwing 1m shares and it led to many retailers following to sell but the buy queue continued t

iluvboost      ( Date: 19-Jul-2013 19:27) Posted: Bro Joseng , what kind of pattern? joseeng      ( Date: 19-Jul-2013 19:22) Posted: Bro, did u notice a similar trading pattern (at 0.20/0.205) and when it is trading at 0.255/0.26? Very tempted to enter again but did not as there was little time left

 

Bro, when I saw the 0.255 is holding up strongly, I am thinking you should have jumped in liao...lol...and u live up to my belief.....gd luck bro....huat ar!

Stockcham      ( Date: 19-Jul-2013 19:47) Posted: Bro, I didn't notice that. But when I see power there at 25-255. I enter liao but at smaller lots! I told bro Librjet I'm a gungho fighter and fight one more time. I didn't have time to monitor the chart before the market close. If I have, I would have queue sold at 275 as there is some resistance at 27-275(You should know). For a counter to move up nearly 100% in a day, it is very risky to hold. Just to share with bros here. There are 3 ways it can go on Monday. First resistance is about 27-275, the next one  at 0.31. There are 3 ways it can go on Monday. 1) Matched open and starts to fall just like the previous time when CNA fell from 22. 2) Move like Mirach. 3) Matched open, move up steadily and easily, touch today's high of 28 or next resistance of 31 and then lao sai. For me, I believe the possibility of No. 3 is higher just like Lorenzo which also rise 100% the last time. Also taking into consideration that  the market sentiment is not so good. I will definitely  matched sell on Monday early in the morning no matter what price it is. Hopefully it can open gap up for me to make a bit more. Huat ah!    joseeng      ( Date: 19-Jul-2013 19:22) Posted: Bro, did u notice a similar trading pattern (at 0.20/0.205) and when it is trading at 0.255/0.26? Very tempted to enter again but did not as there was little time left

 

Bro 71tltan, I think may have to wait a little longer for the chance. As mentioned in my previous post, I'm not comfortable(bro libra, pay you copyright fees later..lol) with so many super pennies top the volumn. Not only that, laggards were being played up. These are some of the signs of a correction coming. Because we are not in a super bull run, therefore, the market softness may not be so jialat. If a big correction going to come during a super bull run, you not only see these 2 sign. You will see many super pennies top the volumn with a few hundred million lots. Then got many uncles and aunties(many people knows this) also buy, and also you looked around and can't really find a counter  worth buying because the price already run up. So will  the market be good the next week?. I doubt  so but I hope so.  Good luck and huat ah!

71tltan      ( Date: 19-Jul-2013 19:16) Posted: Hi bro stockcham waste at startpharm and oakwell need to wait 4 next chance

 

Bro, I didn't notice that. But when I see power there at 25-255. I enter liao but at smaller lots! I told bro Librjet I'm a gungho fighter and fight one more time. I didn't have time to monitor the chart before the market close. If I have, I would have queue sold at 275 as there is some resistance at 27-275(You should know). For a counter to move up nearly 100% in a day, it is very risky to hold.

Just to share with bros here. There are 3 ways it can go on Monday. First resistance is about 27-275, the next one  at 0.31. There are 3 ways it can go on Monday. 1) Matched open and starts to fall just like the previous time when CNA fell from 22. 2) Move like Mirach. 3) Matched open, move up steadily and easily, touch today's high of 28 or next resistance of 31 and then lao sai. For me, I believe the possibility of No. 3 is higher just like Lorenzo which also rise 100% the last time. Also taking into consideration that  the market sentiment is not so good. I will definitely  matched sell on Monday early in the morning no matter what price it is. Hopefully it can open gap up for me to make a bit more.

Huat ah!   

joseeng      ( Date: 19-Jul-2013 19:22) Posted: Bro, did u notice a similar trading pattern (at 0.20/0.205) and when it is trading at 0.255/0.26? Very tempted to enter again but did not as there was little time left. Stockcham      ( Date: 19-Jul-2013 18:26) Posted: Bro joseeng, that's a good one! We have similar trading style. And I have to say you are sharp, very sharp indeed!. I didn't see CNA go to 0.188 because of internet problem but saw 0.189 and then the price stop jumping again. After I refreshed the price is already 0.20-0.205. Normally I don't buy more than 100 lots when it is above 0.20. I bought it 100 lots at 0.205. It cheong to 0.21 and drop back to 0.198 before it goes up to 0.20-0.205 again(This is why I said you are very sharp), This is also why I bought more at 0.20. Same as you, I'm lucky to get because got to queue. I'm also like you, usually will sell 1 pip below resistance price. For CNA, it did went to 0.25 the last time, and after looking at market depth, still got big sell queue after 0.25. So I tried my luck to queue sell at 0.245 and got it too. So for all new bros, seriously  you will have to spend more time to watch how a price move. This is important. Good luck and huat ah!

 

Bro Joseng , what kind of pattern?

joseeng      ( Date: 19-Jul-2013 19:22) Posted: Bro, did u notice a similar trading pattern (at 0.20/0.205) and when it is trading at 0.255/0.26? Very tempted to enter again but did not as there was little time left. Stockcham      ( Date: 19-Jul-2013 18:26) Posted: Bro joseeng, that's a good one! We have similar trading style. And I have to say you are sharp, very sharp indeed!. I didn't see CNA go to 0.188 because of internet problem but saw 0.189 and then the price stop jumping again. After I refreshed the price is already 0.20-0.205. Normally I don't buy more than 100 lots when it is above 0.20. I bought it 100 lots at 0.205. It cheong to 0.21 and drop back to 0.198 before it goes up to 0.20-0.205 again(This is why I said you are very sharp), This is also why I bought more at 0.20. Same as you, I'm lucky to get because got to queue. I'm also like you, usually will sell 1 pip below resistance price. For CNA, it did went to 0.25 the last time, and after looking at market depth, still got big sell queue after 0.25. So I tried my luck to queue sell at 0.245 and got it too. So for all new bros, seriously  you will have to spend more time to watch how a price move. This is important. Good luck and huat ah!

 

Bro, did u notice a similar trading pattern (at 0.20/0.205) and when it is trading at 0.255/0.26? Very tempted to enter again but did not as there was little time left.

Stockcham      ( Date: 19-Jul-2013 18:26) Posted: Bro joseeng, that's a good one! We have similar trading style. And I have to say you are sharp, very sharp indeed!. I didn't see CNA go to 0.188 because of internet problem but saw 0.189 and then the price stop jumping again. After I refreshed the price is already 0.20-0.205. Normally I don't buy more than 100 lots when it is above 0.20. I bought it 100 lots at 0.205. It cheong to 0.21 and drop back to 0.198 before it goes up to 0.20-0.205 again(This is why I said you are very sharp), This is also why I bought more at 0.20. Same as you, I'm lucky to get because got to queue. I'm also like you, usually will sell 1 pip below resistance price. For CNA, it did went to 0.25 the last time, and after looking at market depth, still got big sell queue after 0.25. So I tried my luck to queue sell at 0.245 and got it too. So for all new bros, seriously  you will have to spend more time to watch how a price move. This is important. Good luck and huat ah! joseeng      ( Date: 19-Jul-2013 15:23) Posted: Just to share some of my trading principles for the benefit of some the our new bros here (old birds can skip this post) Rule #1: Cooling off period No buying/selling for the first 10-15mins of opening. Usually this is the time when most punters will rush in (machiam those uncles/aunties rushing into the mrt trains looking for their coveted seats) and it will be too volatile for me to judge which way it is going. But it is also useful during this time to observe and predict which way the counter may move. (pls note I say may hor, I can be wrong too!). Take example from my CNA trade today: Opened 0.192, up a few bids, down to 0.188, up to 0.20, down to 0.198 and up to 0.20 before steadying at 0.20/0.205. Saw buyers kept coming in even though there are more sellers, so decided to try my luck to see whether can get it at 0.20. Lucky got it before it got ramped up. Rule #2: Take profit and protect profit Usually I take reference from chart to see the immediate resistance and I will sell at 1 bid lower than the resistance. At the same time, I will also set another price to protect my profit should the price did not hit the resistance and fall back. If I think the counter can rise further, I will take half profit first and fight with the balance. So moral of the story is dun forget to take profit, smaller gains are always better than losing! Take example from my CNA trade again: Sold my at 0.24 where resistance is 0.245. Should it falls before hitting 0.24, I will sell at 0.21. That's how I protect my profit. Rule #3: Cut loss Easier said than done! Usually when money is involved, emotions are too. There is no hard and fast rule on when to cut loss. Set yourself a cut loss level, be disciplined and stick to it. There is a saying " rise is like climbing stairs, fall is like taking lift" which means when price falls, it is usually faster than it rises. When the going is against you, admit you are wrong in your view and cut! Hoping for miracle is a fairy tale in this mkt, it usually does not happen. Rule #4: Dun forget rule#1-3Hope it helps and good luck to all.....cheers!

 

Hi bro stockcham waste at startpharm and oakwell need to wait 4 next chance

 

Bro joseeng, that's a good one!

We have similar trading style. And I have to say you are sharp, very sharp indeed!. I didn't see CNA go to 0.188 because of internet problem but saw 0.189 and then the price stop jumping again. After I refreshed the price is already 0.20-0.205. Normally I don't buy more than 100 lots when it is above 0.20. I bought it 100 lots at 0.205. It cheong to 0.21 and drop back to 0.198 before it goes up to 0.20-0.205 again(This is why I said you are very sharp), This is also why I bought more at 0.20. Same as you, I'm lucky to get because got to queue. I'm also like you, usually will sell 1 pip below resistance price. For CNA, it did went to 0.25 the last time, and after looking at market depth, still got big sell queue after 0.25. So I tried my luck to queue sell at 0.245 and got it too.

So for all new bros, seriously  you will have to spend more time to watch how a price move. This is important. Good luck and huat ah!

joseeng      ( Date: 19-Jul-2013 15:23) Posted: Just to share some of my trading principles for the benefit of some the our new bros here (old birds can skip this post) Rule #1: Cooling off period No buying/selling for the first 10-15mins of opening. Usually this is the time when most punters will rush in (machiam those uncles/aunties rushing into the mrt trains looking for their coveted seats) and it will be too volatile for me to judge which way it is going. But it is also useful during this time to observe and predict which way the counter may move. (pls note I say may hor, I can be wrong too!). Take example from my CNA trade today: Opened 0.192, up a few bids, down to 0.188, up to 0.20, down to 0.198 and up to 0.20 before steadying at 0.20/0.205. Saw buyers kept coming in even though there are more sellers, so decided to try my luck to see whether can get it at 0.20. Lucky got it before it got ramped up. Rule #2: Take profit and protect profit Usually I take reference from chart to see the immediate resistance and I will sell at 1 bid lower than the resistance. At the same time, I will also set another price to protect my profit should the price did not hit the resistance and fall back. If I think the counter can rise further, I will take half profit first and fight with the balance. So moral of the story is dun forget to take profit, smaller gains are always better than losing! Take example from my CNA trade again: Sold my at 0.24 where resistance is 0.245. Should it falls before hitting 0.24, I will sell at 0.21. That's how I protect my profit. Rule #3: Cut loss Easier said than done! Usually when money is involved, emotions are too. There is no hard and fast rule on when to cut loss. Set yourself a cut loss level, be disciplined and stick to it. There is a saying " rise is like climbing stairs, fall is like taking lift" which means when price falls, it is usually faster than it rises. When the going is against you, admit you are wrong in your view and cut! Hoping for miracle is a fairy tale in this mkt, it usually does not happen. Rule #4: Dun forget rule#1-3Hope it helps and good luck to all.....cheers!

 

no worry bro, if I see another cna, I will sure recommend and tell you. cheers 

pcxiao2008      ( Date: 19-Jul-2013 17:04) Posted: ya man...trigger my stop losses...and also my contra due. sian....if only this is another CNA, and best I never go in CNA. Stockcham      ( Date: 19-Jul-2013 13:51) Posted: Bro, I really don't know how to give this kind of advice. If I ask you to sell and it chiong up after you sell, then I jialat. If I tell you not to sell and it went down further, I lagi jialat. How man bro! Anyway, I will hold on till last day or if got any chance it chiong. Good luck and huat ah

 

hahaha..ya lor...watch it again on monday..

librajet      ( Date: 19-Jul-2013 17:25) Posted: haha I didnt buy too. Monday??? hello enjoy yr weekend la lol Gold916      ( Date: 19-Jul-2013 17:19) Posted: almost 100% up...wonder what will happen on mon...watching also gan chiong....didnt buy any..hahaha

 

haha I didnt buy too. Monday??? hello enjoy yr weekend la lol

Gold916      ( Date: 19-Jul-2013 17:19) Posted: almost 100% up...wonder what will happen on mon...watching also gan chiong....didnt buy any..hahaha librajet      ( Date: 19-Jul-2013 17:13) Posted: haha, today many ppl must have make many many $$$$, cna close at the high, wow!!! all rich now.

 

almost 100% up...wonder what will happen on mon...watching also gan chiong....didnt buy any..hahaha

librajet      ( Date: 19-Jul-2013 17:13) Posted: haha, today many ppl must have make many many $$$$, cna close at the high, wow!!! all rich now.

 

haha, today many ppl must have make many many $$$$, cna close at the high, wow!!! all rich now.

 

ya man...trigger my stop losses...and also my contra due.

sian....if only this is another CNA, and best I never go in CNA.

Stockcham      ( Date: 19-Jul-2013 13:51) Posted: Bro, I really don't know how to give this kind of advice. If I ask you to sell and it chiong up after you sell, then I jialat. If I tell you not to sell and it went down further, I lagi jialat. How man bro! Anyway, I will hold on till last day or if got any chance it chiong. Good luck and huat ah! pcxiao2008      ( Date: 19-Jul-2013 13:28) Posted: sorry bro stockcham..jz came back from outside...saw china mining went down... :( wats ur advice? cut

 

drop below 0.085 u will sweat..........today no time to make u SWEAT......LOL

ace333      ( Date: 19-Jul-2013 16:52) Posted: bro enjoy yr profits lah.....seems like nobody is interested here.........maybe next week I will take a look wat price to SHORT.........LOL johnng      ( Date: 19-Jul-2013 16:46) Posted: PENGUIN $0.09...worth noting