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wow huat ah. Free money in shorting :)
As per my postings below, it is probably testing 0.84 (25ema), presents (imo, not a call to buy) good buying opportunity, but set your stop-loss (personally I set and exit if it closes 2 days continuous below the 25ema to avoid fake breakdown) and wait for the next buy opportunity. Dyodd n BOSAYOR.
edskh78 ( Date: 17-Aug-2009 15:11) Posted:
Midas free falling now. Trying to touch 0.84 already. |
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Hi raymondho,
OIC, anyway, I dun follow 15 mins chart.
Experiment with all the various indicators n use wat works for u, but persoanlly as I had mentioned, from my reading of many TA books and confirmed by my observation, all those indicators are lagging, only used to confirm the leading indicators, ie 1st priority still the leading indicators, not the other way round.
raymondho ( Date: 17-Aug-2009 15:12) Posted:
Hi! Richtan, No, I use Lim n Tan's life chart (Chartnexus version), the range from 1 min to monthly. it's free and is up to time. Normally, less than 30 mins the info may not accurate, so I always use 30 min, hourly, and daily+ to judge. I learnt up the CCI very recent, and found that it gives me good indication to forecast up and down. In the past, I always use DMI, MACD, Stochastic, RSI, MFI. anyway, may not right as market is not on our hand. I like your analyses and posting very much, hope to see more of it.
richtan ( Date: 17-Aug-2009 14:58) Posted:
Hi raymondho,
Read my reply to risktaker, whereby I mentioned n shared your view, tat I do not rule out the possibility of pullback to the 25ema at around 0.84, following STI"S correction.
Btw, just curious, are u using the paid version, as I dun see any 15 mins feature in the free version which is good enuf for me as it works for me.
But in any case, I dun follow 15 mins chart as I only follow the EOD chart to decide the next day action, though it is good to have to take a look, no harm done but ultimately, my trading decision is based on EOD chart. |
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Hi! Richtan,
No, I use Lim n Tan's life chart (Chartnexus version), the range from 1 min to monthly. it's free and is up to time.
Normally, less than 30 mins the info may not accurate, so I always use 30 min, hourly, and daily+ to judge.
I learnt up the CCI very recent, and found that it gives me good indication to forecast up and down. In the past, I always
use DMI, MACD, Stochastic, RSI, MFI. anyway, may not right as market is not on our hand.
I like your analyses and posting very much, hope to see more of it.
richtan ( Date: 17-Aug-2009 14:58) Posted:
Hi raymondho,
Read my reply to risktaker, whereby I mentioned n shared your view, tat I do not rule out the possibility of pullback to the 25ema at around 0.84, following STI"S correction.
Btw, just curious, are u using the paid version, as I dun see any 15 mins feature in the free version which is good enuf for me as it works for me.
But in any case, I dun follow 15 mins chart as I only follow the EOD chart to decide the next day action, though it is good to have to take a look, no harm done but ultimately, my trading decision is based on EOD chart.
raymondho ( Date: 17-Aug-2009 14:47) Posted:
Hi! Fartist, On the chart's right up corner, you will see daily, then click on it, it shows daily, daily+ (that means up to today movement), weekly, weekly+, hourly, and 30 mins, click wat you want. Now price dip to 0.86 the 15 days M support and go fuarather to 0.855, so, keep an eye on it, if it slips to 25MA 0.84, I think is the best time to enter. Anyway, for today's trade, I will take CCI as a guide, if it down to -100 chances to rebound is very high. Only for sharing, as Iam learning TA's indicators. |
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Midas free falling now. Trying to touch 0.84 already.
Hi m0shii,
Read my comments below in earlier post and my chart posting, fyi.
m0shii ( Date: 17-Aug-2009 14:59) Posted:
quite upset...hopefully this counter will buck up...seems like no resistance...keep dropping....is it bb losing faith. Now 0.850 |
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Yup, I called chartNexus, confirmed 15 mins chart feature is available only for the paid version.
Anyway, it is ok for me, I dun follow 15 mins chart which is more for intraday traders.
richtan ( Date: 17-Aug-2009 14:58) Posted:
Hi raymondho,
Read my reply to risktaker, whereby I mentioned n shared your view, tat I do not rule out the possibility of pullback to the 25ema at around 0.84, following STI"S correction.
Btw, just curious, are u using the paid version, as I dun see any 15 mins feature in the free version which is good enuf for me as it works for me.
But in any case, I dun follow 15 mins chart as I only follow the EOD chart to decide the next day action, though it is good to have to take a look, no harm done but ultimately, my trading decision is based on EOD chart.
raymondho ( Date: 17-Aug-2009 14:47) Posted:
Hi! Fartist, On the chart's right up corner, you will see daily, then click on it, it shows daily, daily+ (that means up to today movement), weekly, weekly+, hourly, and 30 mins, click wat you want. Now price dip to 0.86 the 15 days M support and go fuarather to 0.855, so, keep an eye on it, if it slips to 25MA 0.84, I think is the best time to enter. Anyway, for today's trade, I will take CCI as a guide, if it down to -100 chances to rebound is very high. Only for sharing, as Iam learning TA's indicators. |
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This share very hard to play for profits. Tried many times, lose win lose win lose win. Surrender already. Don't look back on this counter if you experiencing same. I think it is controlled by some big shorts.
m0shii ( Date: 17-Aug-2009 14:59) Posted:
quite upset...hopefully this counter will buck up...seems like no resistance...keep dropping....is it bb losing faith. Now 0.850 |
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quite upset...hopefully this counter will buck up...seems like no resistance...keep dropping....is it bb losing faith. Now 0.850
if there's a divergence between the results and the price..e.g profits outstanding and price goes down..i'll buy..
e.g if profits bad and price goes up..i'll sell..
Hi raymondho,
Read my reply to risktaker, whereby I mentioned n shared your view, tat I do not rule out the possibility of pullback to the 25ema at around 0.84, following STI"S correction.
Btw, just curious, are u using the paid version, as I dun see any 15 mins feature in the free version which is good enuf for me as it works for me.
But in any case, I dun follow 15 mins chart as I only follow the EOD chart to decide the next day action, though it is good to have to take a look, no harm done but ultimately, my trading decision is based on EOD chart.
raymondho ( Date: 17-Aug-2009 14:47) Posted:
Hi! Fartist, On the chart's right up corner, you will see daily, then click on it, it shows daily, daily+ (that means up to today movement), weekly, weekly+, hourly, and 30 mins, click wat you want. Now price dip to 0.86 the 15 days M support and go fuarather to 0.855, so, keep an eye on it, if it slips to 25MA 0.84, I think is the best time to enter. Anyway, for today's trade, I will take CCI as a guide, if it down to -100 chances to rebound is very high. Only for sharing, as Iam learning TA's indicators.
fartist ( Date: 17-Aug-2009 13:02) Posted:
Hi raymond, how do you view 30mins chart may i ask |
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I do not rule out the possibility of pullback to the 25ema at around 0.84, following STI's correction (see my STI chart posting), but tat does not negate the uptrend.
risktaker ( Date: 17-Aug-2009 14:27) Posted:
ya its a good buy but its unlikely to cross 0.85 or touch 0.85. given its strong FA and outlook. Shorters will covered, before they are caught naked :)
richtan ( Date: 17-Aug-2009 14:24) Posted:
Imo, this pullback towards 15ema and 25ema presents another good buy opportunity but dyodd n BOSAYOR |
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Hi! Fartist,
On the chart's right up corner, you will see daily, then click on it, it shows daily, daily+ (that means up to today movement), weekly, weekly+, hourly, and 30 mins, click wat you want.
Now price dip to 0.86 the 15 days M support and go fuarather to 0.855, so, keep an eye on it, if it slips to 25MA 0.84, I think is the best time to enter. Anyway, for today's trade, I will take CCI as a guide, if it down to -100 chances to rebound is very high. Only for sharing, as Iam learning TA's indicators.
fartist ( Date: 17-Aug-2009 13:02) Posted:
Hi raymond, how do you view 30mins chart may i ask?
raymondho ( Date: 17-Aug-2009 12:53) Posted:
Any comments?
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ya its a good buy but its unlikely to cross 0.85 or touch 0.85. given its strong FA and outlook. Shorters will covered, before they are caught naked :)
richtan ( Date: 17-Aug-2009 14:24) Posted:
Imo, this pullback towards 15ema and 25ema presents another good buy opportunity but dyodd n BOSAYOR |
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Imo, this pullback towards 15ema and 25ema presents another good buy opportunity but dyodd n BOSAYOR
shorters coming in strong. Ho seh liao le long again.
Hi raymond, how do you view 30mins chart may i ask?
raymondho ( Date: 17-Aug-2009 12:53) Posted:
Any comments?
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Any comments?
Just ignore all this short-term noise and distractions, we should be thankful to them as they enable us to buy at a lower price instead of chasing after prices, when they push down, we buy from them.
(good FA, only need to time entry n exit based on TA).
As I always say:
"Plan your trade and trade your plan", be mechanical, not emotional n dun be affected by all these BBs.
risktaker ( Date: 17-Aug-2009 12:29) Posted:
I think its time..... liao la. let it go up :) U know I know. |
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I think its time..... liao la. let it go up :) U know I know.