Others   

justjoin corner

Market is very boring. And for me, not tradeable. Dunno about pennys though.

When conditions are not good for trading, dont force a trade. And live to regret it later.

One common mistake we make when we are tired of waiting, is to anyhow buy...hoping that lady luck will smile upon us.

When you do that, how many times did it work out well for you? Anyhow buy, anyhow HUAT...that, I seldom hear.

But anyhow buy and then Teok stuck...that, I hear all the time.

Be patient.

Rome wasn't built within a day. 

 

Take profit for wilmar

 

Vallianz creeping up in price and vol

 

bro what do u think about wilmar? and kepland?

thanks!

 

I see. You SHORT CMT and are in the money. CONGRATS!!!

Dow Futures at +47 now. Later see how Europe opens. 

iluvboost      ( Date: 25-Nov-2013 12:48) Posted: tks bro, yes agree, most buyers wanted a safe bargain by queuing lower. after Capmall today performance, i have shift my ep to 1.89-1.1.84 region. will only enter on heavy volume green candle once the current shorts are closed. Gonna take a while unless theres a catalyst. Since its a wait, meanwhile shifting attention to Singtel at 3.67. However its gonna be a quiet 2nd half of the week on USA timetable.  hosayleow      ( Date: 25-Nov-2013 12:29) Posted: Bro, CapMallTrust... 1.925 : 1.93 now. A 6th red candle appeared. Sibeh Chiak Lard. Coz market Boh Lard. I see toppish behaviour today too. Just like last Thu and Fri too. When Dow is UP but our market see no up, imagine what will happen here when Dow kena " big aunty visit" ? One of the tell-tale signs of a toppish market is its inability to make newer highs despite positive newsflow and a positive closing at Wall Street. Volume is low and has been low for quite a while. What it means is at current prices, there are few buyers. Few buyers mean not enough power to propel the market higher. Does that mean our market has no buyers? No. There are buyers. Its just that they are not buying now, at current prices. Prices must come down first before people are willing to buy. Hence, the path of lesser resistance is down. I dont know about pennys. I dont trade pennys. My comment above is in relation to blue chips, mid-caps and small caps. Noble...Macam consolidating at 1.065 to 1.085 for her next move...which I suspect is to the upside. Immediate Resistance at 1.09. A break of 1.10 on high volume will trigger shortcovering plus lure more BULLs out to chase. After that, Resistance is at 1.16...the top of the Uptrend Channel. Yes...she is an Uptrend Stock now.

 

tks bro, yes agree, most buyers wanted a safe bargain by queuing lower.

after Capmall today performance, i have shift my ep to 1.89-1.1.84 region. will only enter on heavy volume green candle once the current shorts are closed. Gonna take a while unless theres a catalyst.

Since its a wait, meanwhile shifting attention to Singtel at 3.67. However its gonna be a quiet 2nd half of the week on USA timetable. 

hosayleow      ( Date: 25-Nov-2013 12:29) Posted: Bro, CapMallTrust... 1.925 : 1.93 now. A 6th red candle appeared. Sibeh Chiak Lard. Coz market Boh Lard. I see toppish behaviour today too. Just like last Thu and Fri too. When Dow is UP but our market see no up, imagine what will happen here when Dow kena " big aunty visit" ? One of the tell-tale signs of a toppish market is its inability to make newer highs despite positive newsflow and a positive closing at Wall Street. Volume is low and has been low for quite a while. What it means is at current prices, there are few buyers. Few buyers mean not enough power to propel the market higher. Does that mean our market has no buyers? No. There are buyers. Its just that they are not buying now, at current prices. Prices must come down first before people are willing to buy. Hence, the path of lesser resistance is down. I dont know about pennys. I dont trade pennys. My comment above is in relation to blue chips, mid-caps and small caps. Noble...Macam consolidating at 1.065 to 1.085 for her next move...which I suspect is to the upside. Immediate Resistance at 1.09. A break of 1.10 on high volume will trigger shortcovering plus lure more BULLs out to chase. After that, Resistance is at 1.16...the top of the Uptrend Channel. Yes...she is an Uptrend Stock now. iluvboost      ( Date: 24-Nov-2013 18:45) Posted: bro, i think u meant 1.92... 1.82 is too far way...1.84 is significant support though, during the major correction. however theres a gap at 1.89-1.92. it might be closed of the red candles continue... cheers

 

Bro Jj, is price bottom yet? Thinking of adding. thnks :)

justjoin      ( Date: 25-Nov-2013 11:03) Posted: Hold newtrader1      ( Date: 25-Nov-2013 10:49) Posted: bro JJ, GLP still ok or not?

 

Luring weak holdets to throw

justjoin      ( Date: 25-Nov-2013 09:04) Posted: RH petrogas

 

Sniper academy
Nov trading forum

seanpent      ( Date: 25-Nov-2013 11:27) Posted: can share the forum link ?  thanks Luna69      ( Date: 25-Nov-2013 10:53) Posted: He has his own forum ...

 

Bro,

CapMallTrust...

1.925 : 1.93 now. A 6th red candle appeared. Sibeh Chiak Lard. Coz market Boh Lard. I see toppish behaviour today too. Just like last Thu and Fri too.

When Dow is UP but our market see no up, imagine what will happen here when Dow kena " big aunty visit" ?

One of the tell-tale signs of a toppish market is its inability to make newer highs despite positive newsflow and a positive closing at Wall Street.

Volume is low and has been low for quite a while. What it means is at current prices, there are few buyers. Few buyers mean not enough power to propel the market higher. Does that mean our market has no buyers? No. There are buyers. Its just that they are not buying now, at current prices. Prices must come down first before people are willing to buy. Hence, the path of lesser resistance is down.

I dont know about pennys. I dont trade pennys. My comment above is in relation to blue chips, mid-caps and small caps.

Noble...Macam consolidating at 1.065 to 1.085 for her next move...which I suspect is to the upside.
Immediate Resistance at 1.09.
A break of 1.10 on high volume will trigger shortcovering plus lure more BULLs out to chase.
After that, Resistance is at 1.16...the top of the Uptrend Channel.
Yes...she is an Uptrend Stock now.

iluvboost      ( Date: 24-Nov-2013 18:45) Posted: bro, i think u meant 1.92... 1.82 is too far way...1.84 is significant support though, during the major correction. however theres a gap at 1.89-1.92. it might be closed of the red candles continue... cheers  hosayleow      ( Date: 24-Nov-2013 18:28) Posted: Hi Bro, No need to move to PM. I am sure the others want to be in the know and to be kept in the loop too. CapitaMall Trust... 5 red candles already over the whole of last week. Even if a 6th red candle should appear on Monday, a green candle should be next. Ya.....chart-wise it looks like 1.945/1.95 coincides as a support level in line with the previous dip. The next one below that dip is somewhere at 1.82. MACD, RSI and Stochastics are all still falling though. But Dow's positive closing on Friday should provide some uplift. Resistance is at her 200-dma at 2.02. A rebound from 1.945 is 50 : 50. A rebound from 1.82 will have a higher probability of success. My only worry is whether our market will shrug off   Dow's 54-pt rise. Thu's rise was 100-pt. But our market did shrug it off on the whole of Friday. The STI closed up by a puny 0.01 point !!! [shake head] If you are already in it, you can only wait and see. But if you are waiting to jump in, then should wait.

 

bro jj any thoughts on halcyon? Green candlestick should be established today with good volume, a sign of rebound?

 

True what u said....lol

WanSiTong      ( Date: 25-Nov-2013 11:02) Posted: GONG GONG jia ti kong....... Lol hosayleow      ( Date: 24-Nov-2013 18:08) Posted: Bro IgIg666, In the market, to make big money, you need to catch the big moves. These big moves dont come by all the time. But they do come. You just have to be patient to wait for them to show up. And when they do, to Ka Ka put your chips on the table. To make money, you need money. The working class ..... work for their money. The rich....make their money work for them. Which is why good companies with a prudent management team will keep cash....lots of it in their bank account even though interest rate is paltry. Why? Becoz if and when a window of opportunity opens up suddenly, the one who can seize that opportunity is the one who the money. For that reason, I am keeping the bulk of my bullets on standby in the Ammo Dump. I am waiting for those big moves to appear. Meantime, I keep myself entertained by doing small trades. I dont open a trade to make just 1 bid. I make as much as the market is willing to give. But if need be, I am faced with a situation where either I take that 1 bid or the market takes it back, then I will have no hesitation to grab that 1 bid and run. These small small trades which I do whenever opportunities present themselves... I call them Chicken Run. And when I have a successful run, I get to harvest eggs. One egg represents one dollar. Decimals are ignored. Last Friday, I did 2 Chicken Runs. SHORT CapMallsAsia at 2.04 on Thu and covered at 2.03 on Friday. Collected more than 400 eggs nett. Then on that same day, I LONG CapMallsAsia at 2.02 and unLONG at 2.03 and collected another more than 400 eggs. That was a good day. On better days, the harvest can be more than 1000 eggs. But on a not-so-good day, it can be just 20 to 50 eggs. But do NOT belittle small profits. They add up. And they do your morale a lot of good. If you make $50 today, this month's phone bill is taken care of. If you make another $50 tomorrow, that can pay for half a tank of petrol. Another $50 the next day means your lunch and dinner for the next 5 days is taken care of. I dont know about you guys but I do find this very therapeutic and encouraging. These small trades are to keep me entertained and on my toes. Whilst I patiently wait for the Set Ups for the big moves to appear. And when I see one, I will chio you. Hope you have your bullets available then to make the trade. I will just sound the GONG. The rest is up to you.

 

can share the forum link ?  thanks

Luna69      ( Date: 25-Nov-2013 10:53) Posted: He has his own forum .... seanpent      ( Date: 25-Nov-2013 10:50) Posted: very enlightening .... hosayleow sifu  deserves to  have his own corner ....

 

Thank you JJ & Hosayleow for selfless sharing!

All the Best.

 

 

Hold

newtrader1      ( Date: 25-Nov-2013 10:49) Posted: bro JJ, GLP still ok or not?

 

GONG GONG jia ti kong....... Lol

hosayleow      ( Date: 24-Nov-2013 18:08) Posted: Bro IgIg666, In the market, to make big money, you need to catch the big moves. These big moves dont come by all the time. But they do come. You just have to be patient to wait for them to show up. And when they do, to Ka Ka put your chips on the table. To make money, you need money. The working class ..... work for their money. The rich....make their money work for them. Which is why good companies with a prudent management team will keep cash....lots of it in their bank account even though interest rate is paltry. Why? Becoz if and when a window of opportunity opens up suddenly, the one who can seize that opportunity is the one who the money. For that reason, I am keeping the bulk of my bullets on standby in the Ammo Dump. I am waiting for those big moves to appear. Meantime, I keep myself entertained by doing small trades. I dont open a trade to make just 1 bid. I make as much as the market is willing to give. But if need be, I am faced with a situation where either I take that 1 bid or the market takes it back, then I will have no hesitation to grab that 1 bid and run. These small small trades which I do whenever opportunities present themselves... I call them Chicken Run. And when I have a successful run, I get to harvest eggs. One egg represents one dollar. Decimals are ignored. Last Friday, I did 2 Chicken Runs. SHORT CapMallsAsia at 2.04 on Thu and covered at 2.03 on Friday. Collected more than 400 eggs nett. Then on that same day, I LONG CapMallsAsia at 2.02 and unLONG at 2.03 and collected another more than 400 eggs. That was a good day. On better days, the harvest can be more than 1000 eggs. But on a not-so-good day, it can be just 20 to 50 eggs. But do NOT belittle small profits. They add up. And they do your morale a lot of good. If you make $50 today, this month's phone bill is taken care of. If you make another $50 tomorrow, that can pay for half a tank of petrol. Another $50 the next day means your lunch and dinner for the next 5 days is taken care of. I dont know about you guys but I do find this very therapeutic and encouraging. These small trades are to keep me entertained and on my toes. Whilst I patiently wait for the Set Ups for the big moves to appear. And when I see one, I will chio you. Hope you have your bullets available then to make the trade. I will just sound the GONG. The rest is up to you.  lglg666      ( Date: 24-Nov-2013 17:06) Posted: For the courses...it's my wife who insisted that I go. And yes...gone thru Txx, Chartxxxxx, Forex ones too and spent thousands & times and loss much more after that. Frankly I do enjoy attending just to watch gullible ppl...me and my wife included listening to mentors who can be my children talking about how much they earn trading...I always told my wife they made their money from greedy fools like us as trainers and maybe they are the very lucky traders during the good time who had the foresight to quit trading and become trainers....before they lose their pants. Only these past couple of years after I stopped chasing after rainbows....that I can be happy with my trading and found my freedom away from stocks and forex. To be happy with life doing just simple things...fishing, prawning, lim kopi, see movies, happy to wake up in the morning, hold my wife's hand and attend presentations/AGM/seminars together then have a good laugh afterwards. Yes....I'm one old bird. You are spot on regarding the training and courses....no need to go as most materials can be found on the net for free. All one has to do is to look for them and read then try out if it suits one's style. Of course, if got free good mentor to point out the right ways....things will be smoother eg like what you do to teach youngster to trade. Do more good deeds for good karma :) btw my coffin money is riding on Rowsley and it's warrants....with the rest on Wilmar, HyFlux and some leftovers in Viking, GRP and peanuts in Maxi-cash. For my own kids....the advice is "don't ever trade" & "easy early profit is not a blessing more like a curse/bad thing...made one super greedy and can cause huge headache/mess in one's future

 

Ready for big move

Speedy      ( Date: 25-Nov-2013 09:10) Posted: RH petrogas may reach 60 today

 

He has his own forum ....

seanpent      ( Date: 25-Nov-2013 10:50) Posted: very enlightening .... hosayleow sifu  deserves to  have his own corner ..... hosayleow      ( Date: 24-Nov-2013 18:08) Posted: Bro IgIg666, In the market, to make big money, you need to catch the big moves. These big moves dont come by all the time. But they do come. You just have to be patient to wait for them to show up. And when they do, to Ka Ka put your chips on the table. To make money, you need money. The working class ..... work for their money. The rich....make their money work for them. Which is why good companies with a prudent management team will keep cash....lots of it in their bank account even though interest rate is paltry. Why? Becoz if and when a window of opportunity opens up suddenly, the one who can seize that opportunity is the one who the money. For that reason, I am keeping the bulk of my bullets on standby in the Ammo Dump. I am waiting for those big moves to appear. Meantime, I keep myself entertained by doing small trades. I dont open a trade to make just 1 bid. I make as much as the market is willing to give. But if need be, I am faced with a situation where either I take that 1 bid or the market takes it back, then I will have no hesitation to grab that 1 bid and run. These small small trades which I do whenever opportunities present themselves... I call them Chicken Run. And when I have a successful run, I get to harvest eggs. One egg represents one dollar. Decimals are ignored. Last Friday, I did 2 Chicken Runs. SHORT CapMallsAsia at 2.04 on Thu and covered at 2.03 on Friday. Collected more than 400 eggs nett. Then on that same day, I LONG CapMallsAsia at 2.02 and unLONG at 2.03 and collected another more than 400 eggs. That was a good day. On better days, the harvest can be more than 1000 eggs. But on a not-so-good day, it can be just 20 to 50 eggs. But do NOT belittle small profits. They add up. And they do your morale a lot of good. If you make $50 today, this month's phone bill is taken care of. If you make another $50 tomorrow, that can pay for half a tank of petrol. Another $50 the next day means your lunch and dinner for the next 5 days is taken care of. I dont know about you guys but I do find this very therapeutic and encouraging. These small trades are to keep me entertained and on my toes. Whilst I patiently wait for the Set Ups for the big moves to appear. And when I see one, I will chio you. Hope you have your bullets available then to make the trade. I will just sound the GONG. The rest is up to you.

 

very enlightening .... hosayleow sifu  deserves to  have his own corner .....

hosayleow      ( Date: 24-Nov-2013 18:08) Posted: Bro IgIg666, In the market, to make big money, you need to catch the big moves. These big moves dont come by all the time. But they do come. You just have to be patient to wait for them to show up. And when they do, to Ka Ka put your chips on the table. To make money, you need money. The working class ..... work for their money. The rich....make their money work for them. Which is why good companies with a prudent management team will keep cash....lots of it in their bank account even though interest rate is paltry. Why? Becoz if and when a window of opportunity opens up suddenly, the one who can seize that opportunity is the one who the money. For that reason, I am keeping the bulk of my bullets on standby in the Ammo Dump. I am waiting for those big moves to appear. Meantime, I keep myself entertained by doing small trades. I dont open a trade to make just 1 bid. I make as much as the market is willing to give. But if need be, I am faced with a situation where either I take that 1 bid or the market takes it back, then I will have no hesitation to grab that 1 bid and run. These small small trades which I do whenever opportunities present themselves... I call them Chicken Run. And when I have a successful run, I get to harvest eggs. One egg represents one dollar. Decimals are ignored. Last Friday, I did 2 Chicken Runs. SHORT CapMallsAsia at 2.04 on Thu and covered at 2.03 on Friday. Collected more than 400 eggs nett. Then on that same day, I LONG CapMallsAsia at 2.02 and unLONG at 2.03 and collected another more than 400 eggs. That was a good day. On better days, the harvest can be more than 1000 eggs. But on a not-so-good day, it can be just 20 to 50 eggs. But do NOT belittle small profits. They add up. And they do your morale a lot of good. If you make $50 today, this month's phone bill is taken care of. If you make another $50 tomorrow, that can pay for half a tank of petrol. Another $50 the next day means your lunch and dinner for the next 5 days is taken care of. I dont know about you guys but I do find this very therapeutic and encouraging. These small trades are to keep me entertained and on my toes. Whilst I patiently wait for the Set Ups for the big moves to appear. And when I see one, I will chio you. Hope you have your bullets available then to make the trade. I will just sound the GONG. The rest is up to you.  lglg666      ( Date: 24-Nov-2013 17:06) Posted: For the courses...it's my wife who insisted that I go. And yes...gone thru Txx, Chartxxxxx, Forex ones too and spent thousands & times and loss much more after that. Frankly I do enjoy attending just to watch gullible ppl...me and my wife included listening to mentors who can be my children talking about how much they earn trading...I always told my wife they made their money from greedy fools like us as trainers and maybe they are the very lucky traders during the good time who had the foresight to quit trading and become trainers....before they lose their pants. Only these past couple of years after I stopped chasing after rainbows....that I can be happy with my trading and found my freedom away from stocks and forex. To be happy with life doing just simple things...fishing, prawning, lim kopi, see movies, happy to wake up in the morning, hold my wife's hand and attend presentations/AGM/seminars together then have a good laugh afterwards. Yes....I'm one old bird. You are spot on regarding the training and courses....no need to go as most materials can be found on the net for free. All one has to do is to look for them and read then try out if it suits one's style. Of course, if got free good mentor to point out the right ways....things will be smoother eg like what you do to teach youngster to trade. Do more good deeds for good karma :) btw my coffin money is riding on Rowsley and it's warrants....with the rest on Wilmar, HyFlux and some leftovers in Viking, GRP and peanuts in Maxi-cash. For my own kids....the advice is "don't ever trade" & "easy early profit is not a blessing more like a curse/bad thing...made one super greedy and can cause huge headache/mess in one's future

 

bro JJ, GLP still ok or not?