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It is 0.175 today. It did not went the way you wanted it to go. :)
newtothis ( Date: 29-Jun-2009 10:23) Posted:
| Today China Hong will drop Below 0.170 |
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The monthly chart of China Hongx is less optimistic even the recent run up is so powerful , volume done this month is not exceeding that of last month , and the weekly chart is not fulfiling the FOUR WEEK RULE , the daily ADX is turning down . May be all these are the hints to price weakness in the near term . Investors must set stop loss and monitor it closely .
woo... well said! good post for you... but some people/person will still say this say that and name calling etc. as long as anyone who presents something alternate, it's a bad thing :)
choonmng ( Date: 29-Jun-2009 16:43) Posted:
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Just trying to say something fair for newtothis. newtothis has been advising against buying when counter is dropping to 0.12 and indeed it went down to this level. Even before this counter rose to 0.18 newtothis has advised on the reversal to look out for. (i personally benefited from his calls)
No doubt newtothis did not share his source of information but i think at certain point we should be open that some in the forum may have access to information that will be beneficial for us which is not based on TA.
newtothis ( Date: 29-Jun-2009 10:42) Posted:
| Nevermind I have no comments :) Your only just an average trader. Not Manipulators |
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Hi Andrew,
The buy/sell ratio should not just be seen in isolation but has to be seen in the whole perspective, both FA n TA, is it a reversal, profit-taking, consolidation.
I do not make any buy, sell or tgt price call or advice.
I just purely analyse the chart based on my knowledge n interpretation n always mentioned dyodd.
Andrew ( Date: 29-Jun-2009 21:50) Posted:
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I take share trading quite handon.....be it info from a forum, info from broker, friend and reports....I take effort to do my research....
While it seems newtothis sound like crook.....I still take the comment as it face value.
My amatur check show that at 9:32am, a bulk of 10,000 lots was sold and the effect of selling become more pronounce later. The buy/sell also flip a few times.
So is a 10K lots significant ?? or 0.36% of the issue capital.
Today buy/ratio is 26 sell to 9 buy.
Every comment here can be useful lor.....using wording like manipulators, childish, ulterior motive....are deemed unnecessary lor.....
richtan keep up the good work to share TA and newtothis.....I like your styles......PM me TP as CHX is fast becoming a love hate affair....
Totally Unvested.......for now.....
newtothis ( Date: 29-Jun-2009 09:56) Posted:
SELL SELL SELL - SHORT SHORT SHORT |
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I take share trading quite handon.....be it info from a forum, info from broker, friend and reports....I take effort to do my research....
While it seems newtothis sound like crook.....I still take the comment as it face value.
My amatur check show that at 9:32am, a bulk of 10,000 lots was sold and the effect of selling become more pronounce later. The buy/sell also flip a few times.
So is a 10K lots significant ?? or 0.36% of the issue capital.
Today buy/ratio is 26 sell to 9 buy.
Every comment here can be useful lor.....using wording like manipulators, childish, ulterior motive....are deemed unnecessary lor.....
richtan keep up the good work to share TA and newtothis.....I like your styles......PM me TP as CHX is fast becoming a love hate affair....
Totally Unvested.......for now.....
newtothis ( Date: 29-Jun-2009 09:56) Posted:
SELL SELL SELL - SHORT SHORT SHORT |
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Investing is about making money for oneself.... Nothing to brat about how much u make and life still goes on if you lose alot...
The objective to investing is different between every investor.. Some wants to built up nest egg.. Some wants to buy material things. Some wants to prove how good they are.. Some wants to learn what is investing all about.... Some wants to make enough to buy house.. Some wants to takeover business...
At the end of the day.. It is like a deposit sometime pays alot of interest sometime pays nothing. (Like bank can go bankrupt also)
Hello Richtan, I think you should just continue with your good work of keeping us informed with your charts and leave the others to say as they please. Don't let what people say ruffle your feathers. Don't take things too personally, because to be fair, everyone on this forum is free to say what they like. If they step out of line the Admin will come down on them. So I would suggest you move on from the bickering. It doesn't do anybody any good, (least of all you - People might think you are 'small breath'). Let us all be civil to each other. Share our knowledge and all huat together!. :-)
I hope you see this as a friendly advice from a fan of yours!
Cheers!
Oh yah, just to remind u not to be manipulated by manipulators, he/she in his/her post already admitted that either he/she is a manipulator or he/she is being manipulated by the BBs, so do u also want to be manipulated or managed your own destiny?
richtan ( Date: 29-Jun-2009 17:35) Posted:
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Just be careful, U are forewarned, tread this way at your own peril, I have walked this path b4, listening to other forumers tips in other forums when I started out in trading long long time ago, I too do make money occasionally but net I still make huge losses, thus I swear tat I will do my homework n not be a guinea pig.
Playing by this way is like playing with fire, u maybe lucky a few times by following blindly, as good as wild gambling, one fine day, u will be played out by other BBs tat pit against each other.
U make money if the BBs tat he follows win against the other BBs, it is just like going to the horse race n your luck depends on whose tips u follow.
I m a firm believer in "no free lunch", have to work hard to earn our keeps.
With charts, u have a compass to guide n see n make informed judgement n decision, decide yourself whether to enter a trade, set your stop-loss rather than being at other people's mercy.
choonmng ( Date: 29-Jun-2009 16:43) Posted:
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Just trying to say something fair for newtothis. newtothis has been advising against buying when counter is dropping to 0.12 and indeed it went down to this level. Even before this counter rose to 0.18 newtothis has advised on the reversal to look out for. (i personally benefited from his calls)
No doubt newtothis did not share his source of information but i think at certain point we should be open that some in the forum may have access to information that will be beneficial for us which is not based on TA. |
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Just be careful, U are forewarned, tread this way at your own peril, I have walked this path b4, listening to other forumers tips in other forums when I started out in trading long long time ago, I too do make money occasionally but net I still make huge losses, thus I swear tat I will do my homework n not be a guinea pig.
Playing by this way is like playing with fire, u maybe lucky a few times by following blindly, as good as wild gambling, one fine day, u will be played out by other BBs tat pit against each other.
U make money if the BBs tat he follows win against the other BBs, it is just like going to the horse race n your luck depends on whose tips u follow.
I m a firm believer in "no free lunch", have to work hard to earn our keeps.
With charts, u have a compass to guide n see n make informed judgement n decision, decide yourself whether to enter a trade, set your stop-loss rather than being at other people's mercy.
choonmng ( Date: 29-Jun-2009 16:43) Posted:
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Just trying to say something fair for newtothis. newtothis has been advising against buying when counter is dropping to 0.12 and indeed it went down to this level. Even before this counter rose to 0.18 newtothis has advised on the reversal to look out for. (i personally benefited from his calls)
No doubt newtothis did not share his source of information but i think at certain point we should be open that some in the forum may have access to information that will be beneficial for us which is not based on TA.
newtothis ( Date: 29-Jun-2009 10:42) Posted:
| Nevermind I have no comments :) Your only just an average trader. Not Manipulators |
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Just trying to say something fair for newtothis. newtothis has been advising against buying when counter is dropping to 0.12 and indeed it went down to this level. Even before this counter rose to 0.18 newtothis has advised on the reversal to look out for. (i personally benefited from his calls)
No doubt newtothis did not share his source of information but i think at certain point we should be open that some in the forum may have access to information that will be beneficial for us which is not based on TA.
newtothis ( Date: 29-Jun-2009 10:42) Posted:
Nevermind I have no comments :) Your only just an average trader. Not Manipulators
richtan ( Date: 29-Jun-2009 10:41) Posted:
| If dun based on tools, then based on wat, "Hot Air Shouting", Every trdesmen needs his tools just as aircraft n ships needs navigation tools, not just anyhow hantam blindly, listening to the "pipe piper" leading the sheeps to their sacrificail tabl |
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Yes, u are right, I agree with u.
Bintang ( Date: 29-Jun-2009 15:23) Posted:
There will be a key reversal if the closing price is below 17 cents either today or tomorrow . The gaps must be filled before going up again .
Bintang ( Date: 24-Jun-2009 16:18) Posted:
| Relook at the chart of China Hongx , the 200 day MA is at 18.5 cents , any rebound may stop at this point . If we could buy after the GOLDEN CROSS , may be the trend will be more sustainable . |
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There will be a key reversal if the closing price is below 17 cents either today or tomorrow . The gaps must be filled before going up again .
Bintang ( Date: 24-Jun-2009 16:18) Posted:
| Relook at the chart of China Hongx , the 200 day MA is at 18.5 cents , any rebound may stop at this point . If we could buy after the GOLDEN CROSS , may be the trend will be more sustainable . |
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Not necessary unless those low volume counters which can be cornered n manipulated n those seldom traded counters.
hohokit ( Date: 29-Jun-2009 11:01) Posted:
I thought TA is accurate for a dollar and above counter and not for penny counter.
richtan ( Date: 29-Jun-2009 10:58) Posted:
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Hi hohokit,
No tools in this world is infallible, including tA, thus why, important to set stop-loss.
I always emphasie to newbies, remember these 2 mantras:
(1) Plan your trade n trade your plan. (enter a trade only if u are convinced by some tool, not hearsay,we owe ourself our living, nobody owe us a living n set a stop-loss n adhere to it)
(2) Cut losses short n let profits run with trailing stops - we need to amximise our profits to cover alll those losses so tat we still make net gains. |
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I thought TA is accurate for a dollar and above counter and not for penny counter.
richtan ( Date: 29-Jun-2009 10:58) Posted:
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Hi hohokit,
No tools in this world is infallible, including tA, thus why, important to set stop-loss.
I always emphasie to newbies, remember these 2 mantras:
(1) Plan your trade n trade your plan. (enter a trade only if u are convinced by some tool, not hearsay,we owe ourself our living, nobody owe us a living n set a stop-loss n adhere to it)
(2) Cut losses short n let profits run with trailing stops - we need to amximise our profits to cover alll those losses so tat we still make net gains.
hohokit ( Date: 29-Jun-2009 10:34) Posted:
| Sorry to ask this question, is Hongxing a penny stock?Are TA accurate on penny stock?Can they be manipulate since they are cheap? |
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Hi hohokit,
No tools in this world is infallible, including tA, thus why, important to set stop-loss.
I always emphasie to newbies, remember these 2 mantras:
(1) Plan your trade n trade your plan. (enter a trade only if u are convinced by some tool, not hearsay,we owe ourself our living, nobody owe us a living n set a stop-loss n adhere to it)
(2) Cut losses short n let profits run with trailing stops - we need to amximise our profits to cover alll those losses so tat we still make net gains.
hohokit ( Date: 29-Jun-2009 10:34) Posted:
| Sorry to ask this question, is Hongxing a penny stock?Are TA accurate on penny stock?Can they be manipulate since they are cheap? |
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It doesn't matters, wat matters most is I m not the sacrificial lambs of the pipe piper, I make money for my own pockets based on my own hardwork n not influenced by all these noises..
TA n charting had existed since the beginning when stocks are traded, if useless, then it would have been obsolete n died a natural death, but fortunately it is not n existed till this day despite all those detractors.
newtothis ( Date: 29-Jun-2009 10:42) Posted:
Nevermind I have no comments :) Your only just an average trader. Not Manipulators
richtan ( Date: 29-Jun-2009 10:41) Posted:
| If dun based on tools, then based on wat, "Hot Air Shouting", Every trdesmen needs his tools just as aircraft n ships needs navigation tools, not just anyhow hantam blindly, listening to the "pipe piper" leading the sheeps to their sacrificail tabl |
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Dear friends,
Please be reminded to keep the ShareJunction forum a friendly place for sharing. While disagreements are commonplace and normal, please agree to disagree.
Thank you for your cooperation.
Admin
Nevermind I have no comments :) Your only just an average trader. Not Manipulators
richtan ( Date: 29-Jun-2009 10:41) Posted:
If dun based on tools, then based on wat, "Hot Air Shouting", Every trdesmen needs his tools just as aircraft n ships needs navigation tools, not just anyhow hantam blindly, listening to the "pipe piper" leading the sheeps to their sacrificail table
newtothis ( Date: 29-Jun-2009 10:32) Posted:
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Share Trading is not so simple.... as you think using tools to predict. It is much much more complicated than you think. Sigh |
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If dun based on tools, then based on wat, "Hot Air Shouting", Every trdesmen needs his tools just as aircraft n ships needs navigation tools, not just anyhow hantam blindly, listening to the "pipe piper" leading the sheeps to their sacrificail table
newtothis ( Date: 29-Jun-2009 10:32) Posted:
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Share Trading is not so simple.... as you think using tools to predict. It is much much more complicated than you think. Sigh
richtan ( Date: 29-Jun-2009 10:29) Posted:
| Based on wat, plse substantiate with facts n figures, not all these BBs bullshit, u may know this group of BB but can play out by other groups of BBS , playing with fir |
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LOL. Everything related to "$" in this world is manipulate ..... even world cup soccer. You guys really have no idea what this world is like.... haiz .....
hohokit ( Date: 29-Jun-2009 10:34) Posted:
| Sorry to ask this question, is Hongxing a penny stock?Are TA accurate on penny stock?Can they be manipulate since they are cheap? |
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