
Trade according to your strategy.... Listen to no one....
Do you know breaking above the 200MA will generate a super strong momentum for uptrends.... Most traders are waiting to enter... lol
it better be.. if not i am jumping ship soon
Isolator ( Date: 31-May-2011 16:14) Posted:
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Master Isolator, have u bought Genting HK? how is ur opinion? 
Cosco is sure to break 2.01 this time.... it will not be retracing back as before.....
Resistance or support only confirm when it behave accordingly... or else it is not at all.... lol
thanks masters! all these are very valuable advice! thanks for sharing with me! =DDD
ehe.. there's a layer (a group of numbers), rather than just  a number as a support/resistance..
so when a support is $1.. and the price goes to $0.99.. it doesnt mean support broken YET..
same for resistance.
Isolator ( Date: 31-May-2011 16:03) Posted:
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Master bryancbq, normal TA tools must know... Honestly after so many years, basic and simple tools is still the best tools for me... What is the different is  the number and combination of the tools you used. This is why in Cosco, most see 200MA been break and thought downtrend has started, but my customise TA, see very different from it.... Must be able to read others mind both FA and TA in order to be the minority group that win.... lol
bryancbq ( Date: 31-May-2011 15:40) Posted:
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The SELL/BUY   increase 9% less than 40 min to 
  49% 
58.09 % from   |
3.06 resistance ?
Isolator ( Date: 31-May-2011 15:08) Posted:
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haha okok. thanks alot! will keep that in mind =D 
rotijai ( Date: 31-May-2011 15:35) Posted:
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master isolator. do you think that the normal technical tools taught in books are useless? It's better to develop one's system by writing code etc? like those that SGtrader is using.
thanks isolator! Will work hard and hopefully be able to trade successfully one day like you! =D
Isolator ( Date: 31-May-2011 15:32) Posted:
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we often have the tendency to think tat the BBs are trying to trick this and tat..
used watever cunning tricks they can to cheat retailers $$..
this might be true.. there's nth we can do and if we always try to guess, it will affect our trading (for example, i think they are accumulating.. i buy now uh..etc)
look at the bigger picture.. from charting and demand/supply (not only the queues since the queues are deceiving).. sometimes BBs will fight against one another.. and most of the time they dont do much, they have a set of cool platforms to help them to analyse.. so it's still best to buy at support and sell at resistance (the art of knowing where's the support/resistance is the art of analysing TA)
bryancbq ( Date: 31-May-2011 15:28) Posted:
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Yes... Use charts is the best tools to find out where is the support and resistant... Best is to find the insider trading.... Most will be reviewed in the charts.... We must be flexible when using charts.... Try to be different from others especially the majority group... lol
thanks.
rotijai ( Date: 31-May-2011 15:23) Posted:
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i repeat for the last time...
dont bother to guess.. u dont even know who's the seller.. a lot of retailers are using uob too.. it might be just retailers selling ? or it might be really big traders unloading.. if 10 big traders unloading today.. tmr may be 20 bigger traders loading... next week may be all of them unloaded... WHO KNOWS?
if u have too much time, nth to do.. go learn how to analyse charts better..  instead of  asking wat they are trying to do -_-
bryancbq ( Date: 31-May-2011 15:20) Posted:
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my counterparty is kayhian. they sold down 10 lots. hmmm. does that necessarily mean that they are unloading? or creating a false impression that people are selling down?
 
sifu, SAR  can bound back down at 3.06....  If I would trade this, I will try to short it... Alright dont talk SAR in Cosco... go go go 2.30....
rotijai ( Date: 31-May-2011 14:55) Posted:
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wa. good advice from lao jiao. haha.