Midas

Benny,

So sorry I cant advice on this, as I m no expert on such things, I m basically a TA trader.

Hope other fellow forumer can answer plse.

Thanks

No comments.

ristaker,

in other post, u said that u know TA very well... now u say that u know BB tricks very well.. may i know how long u are in market ? seems that most of ur predictions goes wrong....

better that you post ur chart, and comment on it.. dont simply make judgement based on words only... follow other veterans who post charts so that others can see it  *just an advice* 

risktaker      ( Date: 28-Aug-2009 23:09) Posted: I know the BB tricks very well lol i wont miss this train. beside i dont think everyone here know midas very very well. To me personally midas has great potential to rise as a star because of what he does are in line with china stimulus. I have no comments about its government body though, if you guys follow through last year news, you will know what i am talking about. However currently both FA & TA are pointing towards a price strength in near term "by next week". i dont think it will be monday though. So Good luck to you midasters ! HUAT AH richtan      ( Date: 28-Aug-2009 09:15) Posted: Looks like u r missing the choo-choo train!!

I know the BB tricks very well lol i wont miss this train. beside i dont think everyone here know midas very very well. To me personally midas has great potential to rise as a star because of what he does are in line with china stimulus.

I have no comments about its government body though, if you guys follow through last year news, you will know what i am talking about.

However currently both FA & TA are pointing towards a price strength in near term "by next week". i dont think it will be monday though.

So Good luck to you midasters ! HUAT AH

richtan      ( Date: 28-Aug-2009 09:15) Posted: Looks like u r missing the choo-choo train!! risktaker      ( Date: 27-Aug-2009 18:08) Posted: I am looking to buy this baby @ $0.82 - to me thats the real support.

naa i have been supporting  Genting with my friends. Waiting for my $$ to come in soon from my 2 property sales should get it next week. lol :) Then shall see either Abterra, China Sports, Midas, Genting, or oceanus.

HUAT AH.

Take a look also at my earlier posting on the "long-term" chart, but again, I may be wrong, so dyodd n BOSAYOR.

If u are new to trading, read my advice below:

To succeed in trading, my sincere n genuine advice to newbies:

"Learn to master TA n u are the master of your own trades."

"Learn how to fish n u can fend for yourself forever, relying on others n forever u r dependent on others n at their mercy"

"There is no easy way n short-cut to success in life, including trading, all are own hardwork, u need to learn the tools of the trade"
 
U can download the free charting software from www.chartnexus.com (no need to get the paid version, all these can be self-learn,
dun waste your money, instead self-learn the skills n use tat money to trade).

I self-learnt, see how analysts do it and practice by covering up the candles and test my knowledge and hone my skills
till I m quite confident b4 start trading bcos the mkt is merciless, I rather save the money to trade and multiply it.

Those TA courses, wat they teach, all are from books, nothing new.

For those paid software,even after the software scan, still need our analysis, cannot assume it is 100% correct, as
nothing can replace the human brain and knowledge as analysis is an art of how individual interpret, no matter how much
they input all the scientific knowledge into the software

If u are not sure, post your charts n hopefully some forumers good in TA will exchange pointers with u.

To know how to post, search the forum for "tinypic.com"

I had created 3 threads dedicated to newbies under "General", "Trading Techniques":

1. "Learning TA" - websites where u can learn TA for free but of course, TA is not infallible, thus need to set stop-loss)

2. "Some recommended good Trading and TA books" - of course u can also buy TA books.

3. "Advices to newbies" particular the 3 golden mantras.

Take your time to read and learn, dun rush, remember "Rome was not built in one day"

Many thanks for your compliments, but I may also be wrong at times, so dyodd n BOSAYOR.

See my earlier chart posting, basically no change in my analysis, so I dun post everyday or I might also not post depending on my time availabilty

Richtan

I was extremely impressed by your Trend Analysis and your faith in the analysis on Ausgroup. I look forward to your comprehensive analysis on Midas.

I really wished u the best of luck as at 82, the long-term trend at 65ema is still up.

For me I m mid to long-term, not short-term trader, as long as it if it breaks below 65ema for 2 continuous days n the 3rd day if there is no reversal sign or bullish harami, I will  exit.