Talk Is Free

Friday, November 21, 2008

Trading Ideas. Lionind. 123 bottom anticipation.





Watch Lionind for 123 bottom reversal. Resistance at 0.84

At this point of time one can only anticipate the 123 bottom as it needs to break above the 0.84 resistance to confirm. By the way, today's daily candle is a bullish engulfing candle. Interesting.

Depending on one's trading style, there are 2 possible trading scenarios.
1. 0.69 - 0.84 range trade
2. 0.84 break out trade

As usual don't forget your stop loss (...as the pattern may fail plus the overall trend is still bearish)

10 comments:

Anonymous said...

Thank you for the trading ideas, Mr Glysinn. By the way, why you call yourself glysinn ah? :)

okating said...

Hello bro, my sifu ask u whether yr sifu seng has cut loss on his proton & us stocks or not ? >

^V^

Hello seng , did u cut loss on d above stocks ? if not then y should newbies cut loss ? ha ha...

newbies , i heard u hv cut loss on resort oledi ah ? aiyo yo... y u 4low ah seng kor ? his proton also dropped to 1.62 d other day, i dun see him cut loss oso ? y ? ha ha...cakap tak serupa bikin seng !

so..did u cut loss on yr citi8.50, GS 87.00 n bac @ 21 or not ? if not , then why should i cut loss on my resorts ? ha ha...

seng oh seng... u r so cute lah...

Just to remind u guys, these r what seng bought 4 his US stocks >-
((((((
18 Nov 08, 11:45
Seng: And I'm queueing to buy at $8.50 for Citibank ... this one will be my first buy into Citi ... big risk, but at this price, cannot resist.

18 Nov 08, 11:38
Seng: He inspired me. I bought GS at $63 last night ... averaged down. My cost is now closer to $80, which is well below his. I'm making a long term bet that GS will recover in 5 years time ...

20 Oct 08, 10:46
cycle: seng, u must be clear on certain things ? hahahaha

20 Oct 08, 10:45
Seng: And I'm queueing to buy at $21.00 for Bank of America ...I will lock into my freezer for years.

))))))

2 Seng 's followers, can u tell me how much r they worth now > n oso did yr sifu trigger his cut loss button liao ? ha ha

If not , then y should i cut loss ? bukan ?

okating said...

wm, ongkarchuan here, thks bro for posting up my posting in seng blog, but yr sifu still havent answer my sifu's question lah, did he cut loss on proton & his US stocks ?

Post it up in his blog pls, tq WM.

Anonymous said...

LOL @ okating or whatever else nicks you use,

are you on drugs or something? take your silly "wars" elsewhere la. you are like mad dogs...keep barking even when the object that you bark at don't even bother to pay attention to you. are you so deprived of attention? so sad, acting like a jilted lover.

TA, FA, throwing darts...who the fook cares as long as it make money?

You care to go and tell those legions of traders in forex, commodities, HSI, Dow Jones that their charts and TA methods are useless? If you dare, then I really salute you la.

Otherwise you are nothing but another talk cock jaguh kampung.

LOL.

jochee said...
This comment has been removed by the author.
Anonymous said...

Hahaha..
I'm loving this..

jochee said...

sorry for the deleted message, after writing, I felt that I wud be stooping as low as him to communicate.. and I dun wanna bad karma.. so I deleted it.. :-) feels so much better..... ;-)

Anonymous said...

jochee,
u r good person. it was beautifully written though.

jochee said...

huh ! u r praising me for being evil ?..
I dun know whether to happily accept or feel bad about it...
namo.... hee hee.. :-)

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