tag:blogger.com,1999:blog-39595072977665926572024-03-19T17:34:15.529+08:00Reality TradingTrade what you see - Vadym GraiferGlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.comBlogger66125tag:blogger.com,1999:blog-3959507297766592657.post-31552871742284217762010-03-10T21:39:00.007+08:002010-03-11T08:57:42.363+08:00Trading Ideas. Sapcres<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhuDH-9ytBw3GdCy_EcP1q7S4-SJ3Vx6l6EQkm1Zhk9i2Tz20Yps3xoXsDoJINNDLUzOi_bow-q-PqCezT-qeBhN_-Rcvf25dC7_vGy-hI5mnwnv8clYW3Z1IyOOM2OHTE-yEKcGMl9XqM/s1600-h/sapcres+daily.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 223px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhuDH-9ytBw3GdCy_EcP1q7S4-SJ3Vx6l6EQkm1Zhk9i2Tz20Yps3xoXsDoJINNDLUzOi_bow-q-PqCezT-qeBhN_-Rcvf25dC7_vGy-hI5mnwnv8clYW3Z1IyOOM2OHTE-yEKcGMl9XqM/s400/sapcres+daily.png" alt="" id="BLOGGER_PHOTO_ID_5446999431088938850" border="0" /></a><br /><br />Sapcres has made a nice bounce from its intermediate support of 2.26. Now if u miss the 2.26 bounce trade, there's possibility of round 2. Today Sapcres closed at 2.45 which is above the intermediate resistance of 2.43. Now, if it can stay above this level, the next intermediate resistance would be 2.50 and thereafter would be really sweet to see it crack 2.58...<br />Based on the daily charts...is there room for further upside? well...why not. The 5day MA has just made a crossover on the 20day MA. MACD has crossed over into +ve territory. Stochastics seems to be still on the rise and don't look overbought.<br /><br />Lets backtrack a bit, from 30/12/2009 Sapcres has been making a slow steady decline until 09/02/2010 where it closed with a nice hammer candle. I would call that the 1st pivot in the 3 months time frame. It has gone on to form a 2nd higher low pivot on 05/03/2010.<br />Like I said earlier it would be real sweet for Sapcres to stay above the 2.43 level. However if it does pullback (remember the market is never wrong), the sweetness is still there as long as the pullback does not hit below 2.26.GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com24tag:blogger.com,1999:blog-3959507297766592657.post-74793385269237957532010-03-06T21:11:00.004+08:002010-03-06T21:26:14.663+08:00Trading Ideas. Quickie with LBS?<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgkqiGlQySFkNmYI88owSvRfPxqAbHS3a4oZu6VBBqubCEbCZOtSYpjfKxkLOoPN-cCj-pN8MV5YEOU9RNGI2a431immnYD82bJvYyB-5SkZUBxfRlmegPxY1Mp7MGAXHf0_B3Olghi4CI/s1600-h/lbs+weekly.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 223px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgkqiGlQySFkNmYI88owSvRfPxqAbHS3a4oZu6VBBqubCEbCZOtSYpjfKxkLOoPN-cCj-pN8MV5YEOU9RNGI2a431immnYD82bJvYyB-5SkZUBxfRlmegPxY1Mp7MGAXHf0_B3Olghi4CI/s400/lbs+weekly.png" alt="" id="BLOGGER_PHOTO_ID_5445507654864013906" border="0" /></a><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgJWAOH7y9JIa5KaGUcs8G_rfPMrwnp74KOovcg-DOJwRNcJL6mvRp4ifsHxejVPUhmgOqwYCk2aNmQsJ7IMXtLDSlLJobdmT_HeJrUSHWMkTu53VmBnW-0zYhyphenhyphenhnYnAyjVstnWA0mZoKs/s1600-h/lbs+daily.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 223px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgJWAOH7y9JIa5KaGUcs8G_rfPMrwnp74KOovcg-DOJwRNcJL6mvRp4ifsHxejVPUhmgOqwYCk2aNmQsJ7IMXtLDSlLJobdmT_HeJrUSHWMkTu53VmBnW-0zYhyphenhyphenhnYnAyjVstnWA0mZoKs/s400/lbs+daily.png" alt="" id="BLOGGER_PHOTO_ID_5445507025305318210" border="0" /></a><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEij7fTuMCf16EDQZjMl1fKbqzSMuHRdZdIbi4FxFjMOPH0kfgz1nrVcRkkA6CW7HY7DaSyX5z8sXlK7eUIWE5ry2pywyvN_VooHvdwhrSfozybQcONP4SzUlxsJMMVock22vsqQS9-hY24/s1600-h/lbs+30+mins.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 223px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEij7fTuMCf16EDQZjMl1fKbqzSMuHRdZdIbi4FxFjMOPH0kfgz1nrVcRkkA6CW7HY7DaSyX5z8sXlK7eUIWE5ry2pywyvN_VooHvdwhrSfozybQcONP4SzUlxsJMMVock22vsqQS9-hY24/s400/lbs+30+mins.png" alt="" id="BLOGGER_PHOTO_ID_5445506755622559842" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi-w6c5cqqemA-Pn3kfdiD7n7rDX3ef2-OTBrC3nHoljKfze6Ql5NXLeHLuc1qwwkAUM020TK39FI_T9PIiD1FrOf9Fa8JcmiTwSrnnfww-ELPGBoMCulbCWNBnnvS5Jtr9KjTYhJx1UEQ/s1600-h/lbs+5+mins.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 223px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi-w6c5cqqemA-Pn3kfdiD7n7rDX3ef2-OTBrC3nHoljKfze6Ql5NXLeHLuc1qwwkAUM020TK39FI_T9PIiD1FrOf9Fa8JcmiTwSrnnfww-ELPGBoMCulbCWNBnnvS5Jtr9KjTYhJx1UEQ/s400/lbs+5+mins.png" alt="" id="BLOGGER_PHOTO_ID_5445506750068728514" border="0" /></a><br /><br /><br />LBS. weekly, daily, 30 min & 5 min charts<br />Possible quickie with LBS?<br />Anticipating breakout from 0.775<br />with TIGHT stop @ 0.755<br />R1: 0.805<br />R2: 0.825 /0.83<br />Immediate short term support at around 0.725 & 0.715GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com0tag:blogger.com,1999:blog-3959507297766592657.post-85115499432230375592010-03-01T21:09:00.012+08:002010-03-01T23:52:04.385+08:00Trading Ideas. EPMB<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEimest8EIAeYbuP1GxMSRwkUnFb266zDn7V7P_GnFac0yPiUs8cXud2pKaUskWjoCswaoc0q25WZqGHpn3vFVLgaOSwGjIc2Z-WFI5eyUVIcTCJQzvAYaOPxIWDUfRxjRYZqY1m2x8-NSo/s1600-h/epmb+weekly.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 223px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEimest8EIAeYbuP1GxMSRwkUnFb266zDn7V7P_GnFac0yPiUs8cXud2pKaUskWjoCswaoc0q25WZqGHpn3vFVLgaOSwGjIc2Z-WFI5eyUVIcTCJQzvAYaOPxIWDUfRxjRYZqY1m2x8-NSo/s400/epmb+weekly.png" alt="" id="BLOGGER_PHOTO_ID_5443658149135902514" border="0" /></a><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgqZAr7gTXVItxuSTgrBQSqZrj-yIGbuLmbLiiskd0NuBdk5FJB0NETVQce8s1_iQwiuBNBU6oGoJhknnEEg5LwVtLB3eSiLDd-89bhqrA720bT3J8k3KzXFjTgjL_PlTaPiTFwkkZRddc/s1600-h/epmb+daily.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 223px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgqZAr7gTXVItxuSTgrBQSqZrj-yIGbuLmbLiiskd0NuBdk5FJB0NETVQce8s1_iQwiuBNBU6oGoJhknnEEg5LwVtLB3eSiLDd-89bhqrA720bT3J8k3KzXFjTgjL_PlTaPiTFwkkZRddc/s400/epmb+daily.png" alt="" id="BLOGGER_PHOTO_ID_5443652911700507826" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiz2qHn4h1hq9ZpIlHKjAB71kU0VuT_GPoL2x5ZVmXtWH0_TRC1OQn5XixodHoIteSbh3a-X2N3jg4NMEWwbLQa9cfXOTabLk2fmVkuaWCZCTSeLywHgmf_ARtxB7_Ea-0Bpeo2TtyiVYc/s1600-h/epmb+30mins.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 223px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiz2qHn4h1hq9ZpIlHKjAB71kU0VuT_GPoL2x5ZVmXtWH0_TRC1OQn5XixodHoIteSbh3a-X2N3jg4NMEWwbLQa9cfXOTabLk2fmVkuaWCZCTSeLywHgmf_ARtxB7_Ea-0Bpeo2TtyiVYc/s400/epmb+30mins.png" alt="" id="BLOGGER_PHOTO_ID_5443652758024757170" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />EPMB. weekly, daily & 3o min charts<br /><br />First of all Happy belated 2010.<br />Procastination is a serious evil that negates frequent updates on this blog.<br />So...lets not procastinate anymore. :)<br /><br />I'm sure u've read some bearish analyst reports on the KLCI in general. A well-known Maybank chartist/analyst has been bearish since more than 1 year ago.<br />Well, my 1-sen take is...the hell with bearish analysts & reports (with all due respect). If the market do eventually become bearish, then lets look for the "bull within the bear".<br /><br />The first trading idea post for 2010...<br /><br />EPMB. Trading Ideas.<br />S1: 0.475<br />R1: 0.52<br />R2: 0.56<br />R3: 0.59<br />R4 : 0.62<br /><br />Why?<br />1. Rising stochs, Daily MA crossover?, slow rising MACD<br />2. Dali (of Malaysia-Finance Blogspot) has written a good piece on why he likes EPMB in early January 2010.<br />3. EPMB has been making some quick runs from mid-December 2009 right up to mid-January 2010. Since then it has been on a retracement path & seems to be forming a new (higher) base at the moment.<br />Is EPMB due for another quick run?GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com0tag:blogger.com,1999:blog-3959507297766592657.post-70752940467482859742009-10-19T23:09:00.005+08:002009-10-19T23:15:14.121+08:00Trading Ideas. Leader<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiKt_T8cgKLXG_6BUQ10xm0_VTgynfjcq8cAbcJDM5UOMpIECHNT3c5v7oa0EEdI1TadZE1CUvgdMuMK36tmRy3_thzjM7Ukv3IU4Gc3nim3jQ7QgP1aVBCVVUN2SpKAK7mm3ptAx5JfXI/s1600-h/leader+30mins.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 223px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiKt_T8cgKLXG_6BUQ10xm0_VTgynfjcq8cAbcJDM5UOMpIECHNT3c5v7oa0EEdI1TadZE1CUvgdMuMK36tmRy3_thzjM7Ukv3IU4Gc3nim3jQ7QgP1aVBCVVUN2SpKAK7mm3ptAx5JfXI/s400/leader+30mins.png" alt="" id="BLOGGER_PHOTO_ID_5394328851884664034" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgwHcI_xxA0_VBw8UVw2ukGCeB_kwsRePqRVlDkIK3yXtD2CW4r2zKlcoEN1mgfS98RdACK21kT8j2HG9VzSWfZftkB7_TlwRAiP0v-NPEk0-enXzHEVJkMg4w63gMFJS_jHCnUJ3PaFoA/s1600-h/leader+daily.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 223px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgwHcI_xxA0_VBw8UVw2ukGCeB_kwsRePqRVlDkIK3yXtD2CW4r2zKlcoEN1mgfS98RdACK21kT8j2HG9VzSWfZftkB7_TlwRAiP0v-NPEk0-enXzHEVJkMg4w63gMFJS_jHCnUJ3PaFoA/s400/leader+daily.png" alt="" id="BLOGGER_PHOTO_ID_5394328845190559170" border="0" /></a><br /><br /><br /><br />Leader. 30 mins & daily charts<br />Higher support base seems to forming at 0.79/0.80<br />S: 0.79<br />R1: 0.85<br />R2: 0.95GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com0tag:blogger.com,1999:blog-3959507297766592657.post-62788593195639185152009-09-17T10:20:00.005+08:002009-09-17T10:31:17.839+08:00Trading Ideas. Hexza<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgfmsZd86jB-Ihvbr3MCgmvPpTzQz4BFfVBuv3IEXtxQLK0eofD7W-JV6m6vIfLhYawUk4C4PR6Eg-UVBtnpOabXAo80Hvo2lCZK9jAE0YL2i5mqUMxRfyUTkl7Ui-sQhmz2EHInOI2bqI/s1600-h/hexza+30+min.png"><img id="BLOGGER_PHOTO_ID_5382257564572469410" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgfmsZd86jB-Ihvbr3MCgmvPpTzQz4BFfVBuv3IEXtxQLK0eofD7W-JV6m6vIfLhYawUk4C4PR6Eg-UVBtnpOabXAo80Hvo2lCZK9jAE0YL2i5mqUMxRfyUTkl7Ui-sQhmz2EHInOI2bqI/s400/hexza+30+min.png" border="0" /></a><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEitUeITbywzBzFc7U-AlVtIh7fNYL1_B3q-OwEIn2Kc4Z7zhxTHWfov9TenGCVPhmupIlZk8h-8L8PKfpEBXKWSglv8odGMgpw6josAFGGwMtBThGwoshpKBkWa-ec80xpRNl3xN6qwYbM/s1600-h/hexza+daily.png"><img id="BLOGGER_PHOTO_ID_5382257318343143250" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEitUeITbywzBzFc7U-AlVtIh7fNYL1_B3q-OwEIn2Kc4Z7zhxTHWfov9TenGCVPhmupIlZk8h-8L8PKfpEBXKWSglv8odGMgpw6josAFGGwMtBThGwoshpKBkWa-ec80xpRNl3xN6qwYbM/s400/hexza+daily.png" border="0" /></a><br /><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgZ-BXYw4pPnZ8a_jq0A-RdliUHcnzFdaFJe6pGFWadilmEhAkj3zdJs07Vhvl8jqSmwQKDTfbH9i4nOhNLM9vFhZMOr3rcJBHcnlIYAwXjrnYIpvNg1HdFkzw3Eowr1Sy2vAsNmSqjZXk/s1600-h/hexza+daily.png"></a><br /><div><br /></div><div>Hexza. 30 min charts & daily charts.<br />Possible Pennant / Triangle breakout?</div></div><div><div>S1 : 0.575</div><div>S2 : 0.560/0.565</div><div>Rising stochs. Higher lows. Only lack of volume NOW.</div></div></div>GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com0tag:blogger.com,1999:blog-3959507297766592657.post-62317682568983935042009-08-13T22:05:00.004+08:002009-08-13T22:24:11.190+08:00Trading Ideas. WCT<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgZiOsGG8INK9D1P1MGc7K5bDrpricA6ojFY9i-t6-SNghm0UPA-FtfuJCnVNjD5d_t6XRbO-nSlmw50lx729AR71TCJGv5jOg_W5HzNjXlVfJ7A5SUz-eVxg3tDv0BpTPMnuSkqQFDlBg/s1600-h/wct13082009+30+min.png"><img id="BLOGGER_PHOTO_ID_5369449716179426930" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgZiOsGG8INK9D1P1MGc7K5bDrpricA6ojFY9i-t6-SNghm0UPA-FtfuJCnVNjD5d_t6XRbO-nSlmw50lx729AR71TCJGv5jOg_W5HzNjXlVfJ7A5SUz-eVxg3tDv0BpTPMnuSkqQFDlBg/s400/wct13082009+30+min.png" border="0" /></a><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjkUC9f8uE3DoY_dDUhJ343S1enWXQ6-Kq4T_XKid8h-lGJ-gmckXRTetxTluypU-2YKRXDHV31LXgtTlCCuipfkCNLvSeQYYrveMtZ5_1uFuBVsMLIie7BqW-BFpyGvaSfrAHuKGuzyCw/s1600-h/wct13082009+daily.png"><img id="BLOGGER_PHOTO_ID_5369449708325710050" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjkUC9f8uE3DoY_dDUhJ343S1enWXQ6-Kq4T_XKid8h-lGJ-gmckXRTetxTluypU-2YKRXDHV31LXgtTlCCuipfkCNLvSeQYYrveMtZ5_1uFuBVsMLIie7BqW-BFpyGvaSfrAHuKGuzyCw/s400/wct13082009+daily.png" border="0" /></a><br /><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiOIbuFbZOvWpYeckjNK7IJ0dMk0OF-R4IS6bWIbsVXWa0q_Dmtb_2jVB-cgHjqDlMSxQkkVTwEO83ykmwWpm8loFSfzPBIWP7PsnwvBwFwufwMboyOS2ZNXlyK4NifsYhZxhk1azDn6D4/s1600-h/wct13082009+weekly.png"><img id="BLOGGER_PHOTO_ID_5369449704290191666" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiOIbuFbZOvWpYeckjNK7IJ0dMk0OF-R4IS6bWIbsVXWa0q_Dmtb_2jVB-cgHjqDlMSxQkkVTwEO83ykmwWpm8loFSfzPBIWP7PsnwvBwFwufwMboyOS2ZNXlyK4NifsYhZxhk1azDn6D4/s400/wct13082009+weekly.png" border="0" /></a><br /><br /><br /><div>WCT 30 mins, daily & weekly charts</div><div>Bounce to test 2.820?</div><div>S1 : 2.60</div><div>S2 : 2.51</div><div>R1 : 2.82</div><div>R2 : 3.20</div><div>R3 : 3.30</div><div></div></div></div>GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com0tag:blogger.com,1999:blog-3959507297766592657.post-68921593035585615442009-07-14T21:01:00.005+08:002009-07-14T21:11:35.723+08:00Trading Ideas. Huaan. Possible Pennant / Triangle Formation & Breakout?<div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi3bWyKoaCtBFSpwlQwHaxYbV9HGK1U-Nqr-Cz4UzOBQzb3TViITnZRco2CZCgu3EHYVYlKeFbKcFzC1aq77WwXtvXbfZV7Kq6vCktzsh3Zl-v1SkoqaGdsu1uLurfEYRkBGmH4eEtYvb0/s1600-h/huaan+14072009.png"><img id="BLOGGER_PHOTO_ID_5358301066429114386" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi3bWyKoaCtBFSpwlQwHaxYbV9HGK1U-Nqr-Cz4UzOBQzb3TViITnZRco2CZCgu3EHYVYlKeFbKcFzC1aq77WwXtvXbfZV7Kq6vCktzsh3Zl-v1SkoqaGdsu1uLurfEYRkBGmH4eEtYvb0/s400/huaan+14072009.png" border="0" /></a><br /><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi3cJG9uUQGWl9mRlLzJd8LtKZ_pfX3my058A31IDn-dwWrwKI58_yJRTQ_vhGgfr72Rcku-JwJswh7g6qUYSTViewfadx-bdxS5gUunTOzcVLbsE6L9S1yjDvmJcBnrChirxnAc04mrjU/s1600-h/huaan+pennant.png"></a><br /><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsJGqgAxoHqTZe3zuJWe2nvYKoWxPV7lXQ_zzJjgI3F2vfMI3AsZDxAj2ZLCLlQt5a5fW8vYEG126snOlO4mJcNgfFVscXhatqR8MR8VhTnM9k2Xyr1su7uOn1ms9FZ2_zRt69JauHKJQ/s1600-h/huaan+pennant.png"><img id="BLOGGER_PHOTO_ID_5358302709341930466" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsJGqgAxoHqTZe3zuJWe2nvYKoWxPV7lXQ_zzJjgI3F2vfMI3AsZDxAj2ZLCLlQt5a5fW8vYEG126snOlO4mJcNgfFVscXhatqR8MR8VhTnM9k2Xyr1su7uOn1ms9FZ2_zRt69JauHKJQ/s400/huaan+pennant.png" border="0" /></a><br /><br /><div></div><br /><div></div><br /><div></div><br /><div></div><br /><div></div><br /><div>Looking at the drawn red lines. Possible <a href="http://realitytrading.blogspot.com/2007/10/chart-patterns-pennant.html">Pennant/Triangle</a> breakout?</div></div></div>GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com7tag:blogger.com,1999:blog-3959507297766592657.post-39319120220666412892009-06-01T23:00:00.002+08:002009-06-01T23:04:35.563+08:00Trading Ideas. KUB update<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi1nrFxRysDMgVDn_jwt8RNK_Byh0HTndHiNl0Pv2cou29XQPd5Ozn-J6s9cPNDLZ9hMSSVLu9iT8RWT-aBKdFWXoMiQBwCrJCcWt7A0FuuBg_cRto0V7SHerOlP4ihGC5Oct5ur3-2_w8/s1600-h/kub+01062009+30min.png"><img id="BLOGGER_PHOTO_ID_5342374605432415602" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi1nrFxRysDMgVDn_jwt8RNK_Byh0HTndHiNl0Pv2cou29XQPd5Ozn-J6s9cPNDLZ9hMSSVLu9iT8RWT-aBKdFWXoMiQBwCrJCcWt7A0FuuBg_cRto0V7SHerOlP4ihGC5Oct5ur3-2_w8/s400/kub+01062009+30min.png" border="0" /></a><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjTdh9S7WF6oBitGJsJWgS5_n6UritjjgUILfKc1nC_S-LAasUTTL9i4RyGGMNjsP4wfGGC3G8gwVD8n7ckASmuahs24gZam9NKeDzkgzvqSh2oaHfyjNQfCExYK5islAeI0JnGiBeRNq0/s1600-h/kub+01062009+daily.png"><img id="BLOGGER_PHOTO_ID_5342374601503834786" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjTdh9S7WF6oBitGJsJWgS5_n6UritjjgUILfKc1nC_S-LAasUTTL9i4RyGGMNjsP4wfGGC3G8gwVD8n7ckASmuahs24gZam9NKeDzkgzvqSh2oaHfyjNQfCExYK5islAeI0JnGiBeRNq0/s400/kub+01062009+daily.png" border="0" /></a><br /><br /><div> </div><div> </div><div>KUB. 30 min & daily charts</div><div>Possible Pennant pattern breakout? :)</div><div>... note the declining volume during pennant formation</div></div>GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com3tag:blogger.com,1999:blog-3959507297766592657.post-33445572874670613142009-06-01T22:35:00.004+08:002009-06-01T22:45:05.238+08:00Trading Ideas. Saag<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhvAVi_a5JHx2hWZ4mUHolML8CRNxhCWAi0f9c_DATITd5zNHO6VR8AAyqNouKyR1wVj4H4UrONaYrOwYc48RKLs4cch965ZUHcDyJ-P-_y8y6TdZX7Bdcrc1yyZiYfMUMpElzJGkWphzw/s1600-h/saag+30min+01062009.png"><img id="BLOGGER_PHOTO_ID_5342368978763635298" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhvAVi_a5JHx2hWZ4mUHolML8CRNxhCWAi0f9c_DATITd5zNHO6VR8AAyqNouKyR1wVj4H4UrONaYrOwYc48RKLs4cch965ZUHcDyJ-P-_y8y6TdZX7Bdcrc1yyZiYfMUMpElzJGkWphzw/s400/saag+30min+01062009.png" border="0" /></a><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhLVhXgWBoWM0_dAaIo1lK5wXKDDF9BOw0rv_Lu4PFUufeSiu_mEOiMbgX71pRdqRCQfrEvnPQ79rE8bWiZLBscVtya_wd5_iwM7AfKQxu9r0Xq1EyuTIixoNNWMVvN35mdkqCVa6L0piY/s1600-h/saag+daily+01062009.png"><img id="BLOGGER_PHOTO_ID_5342368971013178802" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhLVhXgWBoWM0_dAaIo1lK5wXKDDF9BOw0rv_Lu4PFUufeSiu_mEOiMbgX71pRdqRCQfrEvnPQ79rE8bWiZLBscVtya_wd5_iwM7AfKQxu9r0Xq1EyuTIixoNNWMVvN35mdkqCVa6L0piY/s400/saag+daily+01062009.png" border="0" /></a><br /><br /><div></div><div></div><div></div><div></div><div>Saag 30 min & daily charts</div><div>Possible Flag pattern breakout? :)</div><div>... notice the dip in volume during the flag formation</div></div>GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com2tag:blogger.com,1999:blog-3959507297766592657.post-73414713974862660232009-05-31T20:27:00.005+08:002009-05-31T20:41:15.361+08:00Trading Ideas. KUB<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjJKyqukYFYqIhWltUhI8ytzXVB24QReNpz3f_Pi7aKhsfSSkGOzLGRJycuZ85DSNo6VZHaNA_lKTdRKz7RLMl7uCFpNvV5TMhJxEexOAwSnflwM8cnIJ_LV23Z2537ogw1myMphIMofP8/s1600-h/kub+30mins.png"><img id="BLOGGER_PHOTO_ID_5341964841723019058" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjJKyqukYFYqIhWltUhI8ytzXVB24QReNpz3f_Pi7aKhsfSSkGOzLGRJycuZ85DSNo6VZHaNA_lKTdRKz7RLMl7uCFpNvV5TMhJxEexOAwSnflwM8cnIJ_LV23Z2537ogw1myMphIMofP8/s400/kub+30mins.png" border="0" /></a><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiCFscnyEBjJ-TYjZLZ7WnPiLY4R7jwddphZJK_UBHI_e6YZgrK_AAvb16gC-GASVs2Zk6rwZ9GGRZ5keHRIr2MwB-7lCSU3tkdSuvGvIoHWgreGllSgyk5pAFJk1j4hhsmQwNg-IRvwq4/s1600-h/kub+daily.png"><img id="BLOGGER_PHOTO_ID_5341964837668929778" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiCFscnyEBjJ-TYjZLZ7WnPiLY4R7jwddphZJK_UBHI_e6YZgrK_AAvb16gC-GASVs2Zk6rwZ9GGRZ5keHRIr2MwB-7lCSU3tkdSuvGvIoHWgreGllSgyk5pAFJk1j4hhsmQwNg-IRvwq4/s400/kub+daily.png" border="0" /></a><br /><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhcYAZ44k6jnB8ACiVfqYHV_FnJHASOxq3dftr2h4FMJjwPPEGKmuNANzGUH0VD50x7eYgr_m673NwBQ2hbVh2aVH-cZSO_cxHAB07-W6pj5Ib7TlBMZtDCguwkokdKYFGDxrpxkWnqqF0/s1600-h/kub+weekly.png"><img id="BLOGGER_PHOTO_ID_5341964831289426354" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhcYAZ44k6jnB8ACiVfqYHV_FnJHASOxq3dftr2h4FMJjwPPEGKmuNANzGUH0VD50x7eYgr_m673NwBQ2hbVh2aVH-cZSO_cxHAB07-W6pj5Ib7TlBMZtDCguwkokdKYFGDxrpxkWnqqF0/s400/kub+weekly.png" border="0" /></a><br /><br /><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhogTz9NCGqiKWPpmPs-Mw9sSwsUaZpdeyBArDCbxzYAT0XYS5Y4eay9EAUmvMBZBydzFPRoYMHI_tajxvBhOCiEy5L8zmwWeS83mmELWmaCrfEF32_Ei4ApFDp6iaF3pzfefSI8lYJx_c/s1600-h/kub+weekly.png"></a><br /><br /><br /><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgjwOY6kDpR4OkCsaP_Sysu5_nME5CG_OMjN8ITuF5QLjLNAychx_kIU9gG6BC7ZXaN4_kicmRwynqOSDId77zNHYyDQjJ5KK_2dJnfGNZoBd7ks0EhOwnpo4P-w1Rugc1psF3gHwyPzss/s1600-h/kub+daily.png"></a><br /><br /><br /><br /><br /><div><div>KUB. 30 min, daily & weekly charts</div><div>S1 : 0.505</div><div>S2 : 0.475</div><div>R1 : 0.535</div><div>R2 : 0.590</div><div>R3 : 0.64/0.65</div><div></div></div></div></div></div></div>GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com0tag:blogger.com,1999:blog-3959507297766592657.post-50465323021255603532009-05-24T16:37:00.005+08:002009-05-24T16:51:33.733+08:00Trading Ideas. Zelan<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgRIlmXzf2rMYDptWFClbrPaT2S-uWMjjo9tMo9OLu-MUgYE6abSA6vD0agqzwnn8sQ4wRzzx4EPFk39zLP4PREJpWs2yOA-flddEF1Ob75zSySvi5Z1jCgqC1uWUUUPi5KqRyTZQVf2xY/s1600-h/zelan+30min.png"><img id="BLOGGER_PHOTO_ID_5339307737476795394" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgRIlmXzf2rMYDptWFClbrPaT2S-uWMjjo9tMo9OLu-MUgYE6abSA6vD0agqzwnn8sQ4wRzzx4EPFk39zLP4PREJpWs2yOA-flddEF1Ob75zSySvi5Z1jCgqC1uWUUUPi5KqRyTZQVf2xY/s400/zelan+30min.png" border="0" /></a><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjLx4paGzrgfuVXMb8LE1THf8c3qvS2RX50KV2P2qAqKVbahmE9OGs734P6jSjothLrKw8iqLH6iuxN7IXCI4JSOQgWt2qvBggUw7tnctMvkeZypGHA3-eSqjtq4B-MNpNSos3O_rb54Ug/s1600-h/zelan+daily.png"><img id="BLOGGER_PHOTO_ID_5339307733137913138" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjLx4paGzrgfuVXMb8LE1THf8c3qvS2RX50KV2P2qAqKVbahmE9OGs734P6jSjothLrKw8iqLH6iuxN7IXCI4JSOQgWt2qvBggUw7tnctMvkeZypGHA3-eSqjtq4B-MNpNSos3O_rb54Ug/s400/zelan+daily.png" border="0" /></a><br /><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjoCnBUsvT8UFGQagqyQl2iY1r7jixiVU1hE-sGxyuERpQqafvL9JJORmGUVa3bYYjGozx_KC_B56C7j_8wq-UOKcbbhHx-MQPHHvfhgoKy18EbI5uZ_Drh575TXNX4VWzOApevXc6PP0M/s1600-h/zelan+weekly.png"><img id="BLOGGER_PHOTO_ID_5339307730627056978" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjoCnBUsvT8UFGQagqyQl2iY1r7jixiVU1hE-sGxyuERpQqafvL9JJORmGUVa3bYYjGozx_KC_B56C7j_8wq-UOKcbbhHx-MQPHHvfhgoKy18EbI5uZ_Drh575TXNX4VWzOApevXc6PP0M/s400/zelan+weekly.png" border="0" /></a><br /><br /><br /><div></div><div></div><div></div><div></div><div></div><div></div><div></div><div></div><div></div><div></div><div></div><div>Zelan. 30 min, daily & weekly charts</div><div>S1 : 0.93</div><div>S2 : 0.850 - 0.860</div><div>R1 : 0.980</div><div>R2 : 1.01 /1.02</div><div>R3 : 1.350</div><div>Rising MACD & Stochs</div><div>Happy Trading. :)</div></div></div>GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com0tag:blogger.com,1999:blog-3959507297766592657.post-11867471509567988052009-04-30T23:22:00.005+08:002009-05-01T00:10:31.659+08:00Trading Ideas. Huaan<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhBNkInZqrnLekJZQZ50iZdkv4-av4rSWHeKKwlFolZN4h0fdjH97T0APbC2MSjYmPzKySn4-3OPA1i-bozgnb72Mb97Q8ZT7G7en4DT2q7DZAzdm0ePnHZLBCIM1I3fPCjzPH6H4Q85Cc/s1600-h/huaan+weekly.png"><img id="BLOGGER_PHOTO_ID_5330505575497958482" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhBNkInZqrnLekJZQZ50iZdkv4-av4rSWHeKKwlFolZN4h0fdjH97T0APbC2MSjYmPzKySn4-3OPA1i-bozgnb72Mb97Q8ZT7G7en4DT2q7DZAzdm0ePnHZLBCIM1I3fPCjzPH6H4Q85Cc/s400/huaan+weekly.png" border="0" /></a><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiYwwIXWzzaRMqcnEVyHrwyevOdfF5EkWNErsfiFvUq-lh0nWGuo0PKaJuDHvouPAmxBOCV1RA7i1RiOt_4nOmFAs0GANX0TDuZGFqHL1lTA4bRtlC8XgOG1l1YifCtKHfHyML09PvnwOM/s1600-h/huaan+daily.png"><img id="BLOGGER_PHOTO_ID_5330505575895848482" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiYwwIXWzzaRMqcnEVyHrwyevOdfF5EkWNErsfiFvUq-lh0nWGuo0PKaJuDHvouPAmxBOCV1RA7i1RiOt_4nOmFAs0GANX0TDuZGFqHL1lTA4bRtlC8XgOG1l1YifCtKHfHyML09PvnwOM/s400/huaan+daily.png" border="0" /></a><br /><br /><div></div><div></div><div></div><div></div><div></div><div></div><div></div><div></div><div></div><div></div><div></div><div>Weekly & daily charts</div><div>S : 0.260/0.270</div><div>R1 : 0.315</div><div>R2 :0.330</div><div>R3 : 0.430</div><div>R4 : 0.540</div><div> </div><div> </div><div></div><div></div><div>Sino Hua-An International Bhd announced that Lembaga Tabung Haji has an interest of 57827700 (units) representing 5.15% of shares in the Company - 23/04/2009</div></div>GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com0tag:blogger.com,1999:blog-3959507297766592657.post-5477542457108484032009-03-29T22:12:00.003+08:002009-03-29T22:14:55.619+08:00Trading Ideas. AMMB<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgpexBs8RPBGA3ekR55Mwh0949KmHesfFmDEAP-eC_ImwNXjm7CGLmm5XEm7LKxkZ8boIFf8jZYYVehqMQbKV2NSqYl8xupB1DJ7EUczUySK9YjxafpEO68Px8BPpXMbZ_-4-DKVSlZatQ/s1600-h/ammb+weekly.png"><img id="BLOGGER_PHOTO_ID_5318612543304850754" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgpexBs8RPBGA3ekR55Mwh0949KmHesfFmDEAP-eC_ImwNXjm7CGLmm5XEm7LKxkZ8boIFf8jZYYVehqMQbKV2NSqYl8xupB1DJ7EUczUySK9YjxafpEO68Px8BPpXMbZ_-4-DKVSlZatQ/s400/ammb+weekly.png" border="0" /></a><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgeO59Hjsxy9gjbvzgAa02HukokgbbAZUI0FnIKohzTOS1ZIAtSHeAQUuw6zCjhpM5VHelIjyeRvAz6OOhPb1nAzka3__z6vTsRJr7nnj9ek2HrUiHmnCENSuVzweC2LYM7tq_7bpj4eP8/s1600-h/ammb+daily.png"><img id="BLOGGER_PHOTO_ID_5318612538885579858" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgeO59Hjsxy9gjbvzgAa02HukokgbbAZUI0FnIKohzTOS1ZIAtSHeAQUuw6zCjhpM5VHelIjyeRvAz6OOhPb1nAzka3__z6vTsRJr7nnj9ek2HrUiHmnCENSuVzweC2LYM7tq_7bpj4eP8/s400/ammb+daily.png" border="0" /></a><br /><br /><div> </div><div> </div><div> </div><div> </div><div> </div><div> </div><div> </div><div> </div><div> </div><div> </div><div> </div><div>Weekly & daily charts</div><div>S : 2.63</div><div>R1 : 2.68 / 2.70</div><div>R2 : 2.90</div><div>R3 : 3.06</div><div>Higher lows & pivots on daily & weekly charts </div><div> </div></div>GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com0tag:blogger.com,1999:blog-3959507297766592657.post-3933794498997361692009-02-19T22:17:00.007+08:002009-02-19T23:50:30.626+08:00Trading Ideas. Gamuda<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjeBTL3MGvobYwKK6_owi0k2WNkTdvxkSzb_pZkB_xD8DKJlqStDzIFdYR46zMqvt2OeQs8vDpAUvpsS1EdkdoOQaPHH6QdDhbwNlsUBLT2q7JC31swwgMlxDaZb8wgb2LSY1GzqVA2RgU/s1600-h/19022009+Gamuda+30min.png"><img id="BLOGGER_PHOTO_ID_5304513615417959250" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjeBTL3MGvobYwKK6_owi0k2WNkTdvxkSzb_pZkB_xD8DKJlqStDzIFdYR46zMqvt2OeQs8vDpAUvpsS1EdkdoOQaPHH6QdDhbwNlsUBLT2q7JC31swwgMlxDaZb8wgb2LSY1GzqVA2RgU/s400/19022009+Gamuda+30min.png" border="0" /></a><br /><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5hS0Ha7k55XEe3HjbVVec1z3gMIOfc5QIFg88HrkMDZ7-lIbS0bCX24GoHr0WxMDaaW9KiJQP9LIQTjDTeFdwFPRGHvSaCqfHbwSKrAmNsgvtsplAXfkv9qiYEfXptnPfU51BMpg9uec/s1600-h/19022009+Gamuda.png"><img id="BLOGGER_PHOTO_ID_5304513613369037234" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5hS0Ha7k55XEe3HjbVVec1z3gMIOfc5QIFg88HrkMDZ7-lIbS0bCX24GoHr0WxMDaaW9KiJQP9LIQTjDTeFdwFPRGHvSaCqfHbwSKrAmNsgvtsplAXfkv9qiYEfXptnPfU51BMpg9uec/s400/19022009+Gamuda.png" border="0" /></a><br /><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiXDgjZHscXfnSnX0CVfLbD-FJBGI3hSJ68IW9buJWks2AxdSjI6-O8kV1yK3mFbMZlaArUtFLF5kwSc4-DwrpfldqT5djbX9YmxCXZuLjAs3_zodBzKvZiffihzt0SC7zRM7FuYgwAcRY/s1600-h/19022009+Gamuda+weekly.png"><img id="BLOGGER_PHOTO_ID_5304513613412739074" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiXDgjZHscXfnSnX0CVfLbD-FJBGI3hSJ68IW9buJWks2AxdSjI6-O8kV1yK3mFbMZlaArUtFLF5kwSc4-DwrpfldqT5djbX9YmxCXZuLjAs3_zodBzKvZiffihzt0SC7zRM7FuYgwAcRY/s400/19022009+Gamuda+weekly.png" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />30min , daily & weekly charts<br />S1 : 1.95- 1.96<br />S2 : 1.92-1.93<br />S3 : 1.88-1.90<br />R : 2.100GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com0tag:blogger.com,1999:blog-3959507297766592657.post-41112864600799445602009-01-05T22:17:00.005+08:002009-01-05T22:29:18.185+08:00Trading Ideas. Kencana<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjWfxfaKbQNz2Eyupu5YU8TfX2HqiUtsEuFnQryikSCtTYxIaQZu7AHem8QFNUyOQl4hJaFHbc15dFegMaMJQcLJnZwQ_GGXo9Wjr1aICkIQjn26TXS5qmTbtYnjogk7Y7UnVfVpCRAwsE/s1600-h/kencana+daily+charts+05012009.png"><img id="BLOGGER_PHOTO_ID_5287816610113265506" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjWfxfaKbQNz2Eyupu5YU8TfX2HqiUtsEuFnQryikSCtTYxIaQZu7AHem8QFNUyOQl4hJaFHbc15dFegMaMJQcLJnZwQ_GGXo9Wjr1aICkIQjn26TXS5qmTbtYnjogk7Y7UnVfVpCRAwsE/s400/kencana+daily+charts+05012009.png" border="0" /></a><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjpcwCbow3wWcOo1oE38lQs3wT7-nPC-IQ2PYwT8xdeOh8XGtIU2i9AFtsSEMkoOD1QqRyCzQnFO4sAQH2UpEgvNU71xL_thC_YXp0BHkWrP4U0eGRZ1eNtYuyY112vrVzpVKr_yv8zbrc/s1600-h/kencana+daily+charts+05012009.png"></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Anticipation of breakout above 1.50<br />Resistance @ 1.61 thereabouts</div>GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com3tag:blogger.com,1999:blog-3959507297766592657.post-70606595829192541512009-01-05T21:24:00.005+08:002009-01-05T21:50:25.546+08:00Trading Ideas. Dialog<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgG2mBieQdRBDJm4GzRKxzpRwGk-ghtoEmsIowtel7Z145TBlPRm1cB9S62NK4iePggcquqdBhSmAfAf7tOMulprZ-hGfFASJZ_xwqO7jmqP2WjPL9zyW1Y9xq49wECrZWVXkmuQEjoG9s/s1600-h/dialog+weekly+charts+05012009.png"><img id="BLOGGER_PHOTO_ID_5287805503109061522" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgG2mBieQdRBDJm4GzRKxzpRwGk-ghtoEmsIowtel7Z145TBlPRm1cB9S62NK4iePggcquqdBhSmAfAf7tOMulprZ-hGfFASJZ_xwqO7jmqP2WjPL9zyW1Y9xq49wECrZWVXkmuQEjoG9s/s400/dialog+weekly+charts+05012009.png" border="0" /></a><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEipXLTbJD_G_RyYscz7UOTMxFGTrYe0IoRxMpbvlgvNyPoQlQXG4fbhD8JxMP9_cxWGOZp-eFY9H8qVkxmbRarhgj8o3KpGBOUyZyMTExlrnfjGnHbadqObNQVjahaGHFNpydUCNqF7Y4k/s1600-h/dialog+daily+charts+05012009.png"><img id="BLOGGER_PHOTO_ID_5287805495766671698" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEipXLTbJD_G_RyYscz7UOTMxFGTrYe0IoRxMpbvlgvNyPoQlQXG4fbhD8JxMP9_cxWGOZp-eFY9H8qVkxmbRarhgj8o3KpGBOUyZyMTExlrnfjGnHbadqObNQVjahaGHFNpydUCNqF7Y4k/s400/dialog+daily+charts+05012009.png" border="0" /></a><br /><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhT7opeKLbniRhd5JaEPKfRo_S39o7kfE3Z-CIPWpisQcogkegUeHDRHoLNRyve0YkZXIHx-_FX-i6WkdHOzhUQPumjs_kcz-IOxX3gxNzPASblbx7BAp-9WbXiwI0-vZ0aVyLvBDkmMpk/s1600-h/dialog+30min+charts+05012009.png"><img id="BLOGGER_PHOTO_ID_5287805493863254178" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 223px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhT7opeKLbniRhd5JaEPKfRo_S39o7kfE3Z-CIPWpisQcogkegUeHDRHoLNRyve0YkZXIHx-_FX-i6WkdHOzhUQPumjs_kcz-IOxX3gxNzPASblbx7BAp-9WbXiwI0-vZ0aVyLvBDkmMpk/s400/dialog+30min+charts+05012009.png" border="0" /></a><br /><br /><br /><div></div><br /><br /><br /><div></div><br /><br /><br /><div></div><div></div><div></div><div></div><div></div><div> </div><div> </div><div> </div><div> </div><div> </div><div>Dialog weekly, daily & 30 min charts.</div><div>Potential upside until 1.050?</div><div>Note intermediate resistance at 0.89 , 0.95 & 1.02</div><div>Resistance or no resistance? :)</div><div>Short term support @ 0.83 thereabouts</div></div></div>GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com0tag:blogger.com,1999:blog-3959507297766592657.post-86010190947467163062008-12-21T22:43:00.017+08:002008-12-21T23:28:13.932+08:00Comments & News. Planning To Buy Penny Stocks?<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjXA2GTJ3vECx_HD_tAcMBdUktUKzEzJ7rjGsMKRamQSFiUnjplBjFpoOuvzM4idbUXMQkOxGpFGc0c6kKPJLZyB0SanksPOpMdd7tzXncI4o0fmnvx6W6ZcmgKLX99bfA2YBTgk24Fbhw/s1600-h/com[psite+daily.jpg"><img id="BLOGGER_PHOTO_ID_5282260060788576914" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 182px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjXA2GTJ3vECx_HD_tAcMBdUktUKzEzJ7rjGsMKRamQSFiUnjplBjFpoOuvzM4idbUXMQkOxGpFGc0c6kKPJLZyB0SanksPOpMdd7tzXncI4o0fmnvx6W6ZcmgKLX99bfA2YBTgk24Fbhw/s400/com%5Bpsite+daily.jpg" border="0" /></a><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEilEWT7JKWjBSolNQaer_9nZgTkeDLG3tFJvGrdpfRTqF08E7Mh8S8RrJB4og_9vaqzrE0nLFPBR-nMf0BUXGSj1X7jXJwGmdSTBc-LeB8ooO6r-Iys6V6rx0uSb4_0qyJqY6O49ohK0jM/s1600-h/composite+weekly.jpg"><img id="BLOGGER_PHOTO_ID_5282259826833769810" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 182px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEilEWT7JKWjBSolNQaer_9nZgTkeDLG3tFJvGrdpfRTqF08E7Mh8S8RrJB4og_9vaqzrE0nLFPBR-nMf0BUXGSj1X7jXJwGmdSTBc-LeB8ooO6r-Iys6V6rx0uSb4_0qyJqY6O49ohK0jM/s400/composite+weekly.jpg" border="0" /></a><br /><br /><div align="justify"></div><br /><br /><div align="justify"></div><br /><div align="justify"></div><br /><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify">Are we going to see the market bottom around Q1 2009? or later? On the other hand, perhaps the new low has yet to show its ugly head. </div><div align="justify"> </div><div align="justify">Are penny stocks a good catch now in anticipation of the market bottom? I wish I have a definite answer. But, I don't. :)</div><br /><div align="justify">Well, if you think fishing is "fun", here are some food for thought.</div><br /><div align="justify">Extracted from TheStar.<br />MANY counters have been heavily battered following the recent stock market meltdown, and they continue to trade at historically low valuations. What’s even more attractive is that many counters, including some fundamentally good ones, have now become penny stocks and the list keeps growing as the bear continues its rampage on the market.<br /></div><br /><div align="justify">In Malaysia, penny stocks are defined as counters that trade below RM1 per share.<br /></div><div align="justify">Under normal market conditions, penny stocks do not attract much interest, particularly among institutional investors, because they are deemed too risky and their returns rather insignificant to justify investment.<br /></div><div align="justify">This is because penny stocks are usually associated with smallish companies that are less resilient, and do not have a sustainable business model.<br /></div><br /><div align="justify">“The reasons for these counters being quoted at low prices are because of the recurrent losses from their business operations and the extremely negative perception about their quality,” an analyst at a bank-backed research company explains.<br /></div><br /><div align="justify">Nevertheless, to some retail investors, penny stocks are cheap counters that could sometimes do wonders and provide decent returns.<br /></div><br /><div align="justify">At face value, these counters are highly affordable. And because they trade at such low prices, penny stocks have a limited downside risk.<br /></div><br /><div align="justify">This is possibly one factor that could attract some buying interest, particularly in the current volatile market condition, as investors seek to cap their losses in the event their equity investments turn sour.<br /></div><br /><div align="justify">However, analysts caution investors against being carried away with penny stocks that may appear to be attractive.<br /></div><br /><div align="justify">This is because many of these counters are inherently risky and have a higher chance of crashing out of the market in bad times.<br /></div><br /><div align="justify">Generally, investors should base their buying decision on the valuation of a stock, and not its absolute price because most of the penny stocks are not worthy investments, say analysts.<br /></div><br /><div align="justify">But if penny stocks are their flavours, analysts advise investors to do a thorough background check on the companies before jumping on the penny-stock bandwagon.<br /></div><br /><div align="justify">Investing in penny stocks need more research and monitoring compared with blue-chip counters, and investors need to be alert and watch out for news affecting the companies, they say.<br /></div><br /><div align="justify">Selective Bets<br />TA head of research Kaladher Govindan recommends investors who are considering buying penny stocks to look for counters with good fundamentals and those that attract strong volumes.<br /></div><br /><div align="justify">“As in any investment, ensuring that a counter has good business fundamentals is very important, otherwise investors can face difficulty when they want to dispose of their shares later on,” he explains.<br /></div><br /><div align="justify">Aseambankers head of research Vincent Khoo points out that investors should also consider the sector in which the penny stock operates to ensure that the counter can still generate positive earnings in the midst of a challenging economic environment. Counters operating in defensive sectors such as consumer food, utility, gaming and rubber gloves have a higher chance of riding through the crisis.<br /></div><br /><div align="justify">Another criteria to justify a penny stock investment, according to analysts, is that the companies must have sufficient cash flow or the ability to generate short-term cash to last them through the economic slowdown, otherwise investors could risk losing their entire investment in the stock.<br /></div><br /><div align="justify">“A company’s cash-flow position helps to gauge whether the company can remain as a going-concern when the economy enters a difficult patch few months down the road,” an analyst explains.<br /></div><br /><div align="justify">“Pay attention also to the gearing level of the companies, and compare that to their industry average; highly geared companies are generally not preferred because they indicate higher risk,” he adds.<br /><br />Staying power<br /><span style="color:#ff0000;">Among the penny stocks favoured by analysts include oil and gas counters such as KNM Group Bhd, Dialog Group Bhd, Scomi Group Bhd, SapuraCrest Petroleum Bhd and Alam Maritim Resources Bhd.<br /></span></div><br /><div align="justify"><span style="color:#ff0000;">Other penny stocks that also look attractive to some of them are Sunway Holdings Bhd, Zelan Bhd as well as real estate investment trusts, or REITs.</span></div><span style="color:#ff0000;"><div align="justify"><br /></span><span style="color:#ff0000;">The list is not exhaustive, and analysts have differing opinion on various counters. The issue is, says a broker, <strong>investors have to do their own due diligence before investing</strong>.</span><br /></div><div align="justify"></div><div align="justify">Having penny stocks in the portfolio can be a good idea if the counters have strong business fundamentals but investors have to be prepared to hold on to these stocks for the long term to see decent returns.<br /><br />According to TA’s Kaladher, most penny stocks do not have institutional following; therefore, it is difficult to push their prices up.<br /></div><br /><div align="justify">Generally, they are also thinly traded, which makes them relatively less liquid and difficult to sell. So, the prices of some penny stocks can remain stagnant for quite a while.<br /></div><br /><div align="justify">“Turnaround for penny stocks tends to be longer, hence investors have to be patient enough to be able to enjoy the upside potential of these counters,” an analyst says.<br /></div><br /><div align="justify">Aseambankers’ Khoo adds that certain penny stocks have the potential to offer investors multiple gains over the long run at current entry levels.<br /></div><div align="justify">For instance, some penny stocks are actually worth more than twice their current market prices based on the company’s future earnings potential.<br /></div><br /><div align="justify">These stocks are currently trading at penny-stock levels due to poor market sentiment. When the market rebounds, these stocks are expected to gradually recover to their fair values.<br /></div><br /><div align="justify">Strategic approach<br />No doubt investing in selective penny stocks can be somewhat profitable in the long run. But most analysts still feel investors should take the current opportunity to accumulate blue-chip counters instead, if they could afford them.<br /></div><br /><div align="justify">According to OSK head of research Chris Eng, investors’ attention now is actually more focused on blue-chip counters because they are safer assets and generally offer good dividends.<br /></div><br /><div align="justify">Besides, most of these counters are currently trading below their net worth (some have fallen by more than 50% year-to-date), hence making them attractive buys.<br /></div><br /><div align="justify">In addition, blue-chip counters are normally the first to recover when the KLCI rebounds, he says. And if there is window-dressing ahead of the year-end and New Year festivals, blue-chip counters are usually the ones that will benefit.<br /></div><br /><div align="justify">OSK expects the full impact of the global economic slowdown to hit the local market in the first quarter next year, with a possibility of the KLCI staging a rebound in the second half.<br /></div><br /><div align="justify">TA Research, on the other hand, sees the second half of next year as the time when the KLCI would reach bottom; hence the best time to buy stocks for long-term gains.<br /></div><br /><div align="justify">The current market valuation may be cheap (with the KLCI having fallen by more than 40% year-to-date), but many investors dare not take up long-term buying positions yet for fear of a “value-trap” – a situation where they are drawn into buying an undervalued stock, only to have the stock price decline even further after that.<br />Kaladher says: “Due to the prevailing uncertainties and volatile market condition, most investors are currently trading only for the short term for potential ‘bear-market rally’”.<br /></div><br /><div align="justify">There is definitely more downward pressure in the days ahead for the local stock market. But as stock prices continue to fall, equities as an asset class will become even more appealing from the long-term point of view. This is particularly so in the midst of low interest rates and high inflation that eats up the real value of our bank savings.<br /></div><br /><div align="justify">So, whether investors are looking at blue chip or selected penny stocks, they can still benefit from the future growth of these counters when the current turmoil settles. </div></div>GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com1tag:blogger.com,1999:blog-3959507297766592657.post-6067685341529386672008-12-07T11:58:00.007+08:002008-12-07T12:15:30.552+08:00Trading Ideas. KNM. 0.415 Bounce?<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJWDsCy-oOu3Odi8Zod0hbHkmktLRzO6CgsurTNwLCMWlPAJzpuILbr1SPPGWbH-Z6lPBS5qTUu5VgYXdbAv3-_w-4nXucgN578JpNRRWNr340DQOTGefans6y-Cl-VNSD2iyhX8Gvyq0/s1600-h/knm+daily.jpg"><img id="BLOGGER_PHOTO_ID_5276895568845657106" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 182px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJWDsCy-oOu3Odi8Zod0hbHkmktLRzO6CgsurTNwLCMWlPAJzpuILbr1SPPGWbH-Z6lPBS5qTUu5VgYXdbAv3-_w-4nXucgN578JpNRRWNr340DQOTGefans6y-Cl-VNSD2iyhX8Gvyq0/s400/knm+daily.jpg" border="0" /></a><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjaxLRo_z_DBx1vaonZgQASRCtLO77JQsO8mAGuLKgUBnHI09MNIQTtVVVx1PcV5dVNgFFISlqWlP8hEjIUrCBqmaTRixAQBbmB-sIqe86XHcKdHILpi_6Uqkpi9HrCEhZbCdVKmtO0ZjA/s1600-h/knm+60+min.jpg"><img id="BLOGGER_PHOTO_ID_5276895333699373954" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 182px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjaxLRo_z_DBx1vaonZgQASRCtLO77JQsO8mAGuLKgUBnHI09MNIQTtVVVx1PcV5dVNgFFISlqWlP8hEjIUrCBqmaTRixAQBbmB-sIqe86XHcKdHILpi_6Uqkpi9HrCEhZbCdVKmtO0ZjA/s400/knm+60+min.jpg" border="0" /></a> </div><div><br /><br /></div><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg6dmfSRyfEbdCBT8Ynzs2hqy0IgAD9YvA55ATGzu7psHFzZSiZWWJNhl3IjmHKxZQLn7_6JLcSbKNMAFtwOeB3XZQKzeSb6B04XNs2M0ILJAqqFPUrElp2kYViCEw1BOi0oCIvbCr0aYQ/s1600-h/knm+30+min.jpg"><img id="BLOGGER_PHOTO_ID_5276895215709740114" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 182px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg6dmfSRyfEbdCBT8Ynzs2hqy0IgAD9YvA55ATGzu7psHFzZSiZWWJNhl3IjmHKxZQLn7_6JLcSbKNMAFtwOeB3XZQKzeSb6B04XNs2M0ILJAqqFPUrElp2kYViCEw1BOi0oCIvbCr0aYQ/s400/knm+30+min.jpg" border="0" /></a><br /><br /><br /></div><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgHJB9ndrKNaHA5UKpZuJ9S6J6KpYKnYlAGgCbCEDFoF-txDzwF-yMNgTjzgpRRw1UWr7rFemmfuxSVLWr5cTSxgmpWqs_Hr5Tbst03E2vmtEoE2oW4MnEcGp4VjeAiGbGt-mSJdrxdDYM/s1600-h/knm+5+min.jpg"><img id="BLOGGER_PHOTO_ID_5276895098898258914" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 182px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgHJB9ndrKNaHA5UKpZuJ9S6J6KpYKnYlAGgCbCEDFoF-txDzwF-yMNgTjzgpRRw1UWr7rFemmfuxSVLWr5cTSxgmpWqs_Hr5Tbst03E2vmtEoE2oW4MnEcGp4VjeAiGbGt-mSJdrxdDYM/s400/knm+5+min.jpg" border="0" /></a><br /><br /><br /><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgSM0LQ7VPSTy9OPD4KDadrkKv8F8BXI0DFdg4eeb7GozlGzyRG4HncXKWZy8Rl4q86rMskNU5aeb434yBU9P1BWlu88qIUIzPImlZyHMkinbm2EFKVHVEbnOpIn54EnC_zG2SwpeqqIUY/s1600-h/knm+60+min.jpg"></a></div></div><div><br /><br /><br /></div><p></p><div><br /><br /><br /></div><p> </p><p>KNM Daily, 60 min, 30 min & 5 min charts</p><p>0.415 Support bounce?</p><p>Short term resistance at 0.5 thereabouts?</p><p></p>GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com1tag:blogger.com,1999:blog-3959507297766592657.post-71338687217679087692008-11-21T22:30:00.010+08:002008-11-22T11:01:10.288+08:00Trading Ideas. Lionind. 123 bottom anticipation.<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjnipLjz_r6Q3nt_8otxTvsiYipxTFMP0d4WPOxwAbI7OArKb280mQphtLG05Q08XPA5aPgAEg1VOdC6H0CUzkmAOjJAnPa_EHa9P9RSkoMB1ovlMaUEuwtNLYTcfUfsRnPjUKjMAukRXE/s1600-h/lionind+123+bottom.jpg"><img id="BLOGGER_PHOTO_ID_5271311557196266450" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 182px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjnipLjz_r6Q3nt_8otxTvsiYipxTFMP0d4WPOxwAbI7OArKb280mQphtLG05Q08XPA5aPgAEg1VOdC6H0CUzkmAOjJAnPa_EHa9P9RSkoMB1ovlMaUEuwtNLYTcfUfsRnPjUKjMAukRXE/s400/lionind+123+bottom.jpg" border="0" /></a><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEif5TsPB0xrm7qz6JUMEGaxCgW19F966WfwbR-jHScqgmhH8Kpoib4WN4J23rgzGiDks37ORIjBmGfgwff5eKJZWIlEfniQuQGwjcWmoVm6x0YZ_awjxUhg3lPdCoXzPfZRbIJVIVfspa0/s1600-h/lionind+123+bottom.jpg"></a><br /><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEilacsHc0u5A2uRX5QbKBaPuP5fBBSQIDiR5Pc9C8PAhJK27wZBlf25aDJZ6RHth74mVZGBBMn5sjX8A3BDaKFf8_LDo92v_407W848iT73TBcUol4Y755JhlzF4yOAq6XfLAm7Q_B1_Iw/s1600-h/lionind+123+bottom.jpg"></a><br />Watch Lionind for <a href="http://realitytrading.blogspot.com/2008/11/bullish-reversal-patterns.html">123 bottom reversal</a>. Resistance at 0.84<br /><br />At this point of time one can only <span style="color:#ff0000;">anticipate</span> 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.<br /><br />Depending on one's trading style, there are 2 possible trading scenarios.<br />1. 0.69 - 0.84 range trade<br />2. 0.84 break out trade<br /><br />As usual don't forget your stop loss (...as the pattern may fail plus the overall trend is still bearish)</div></div>GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com10tag:blogger.com,1999:blog-3959507297766592657.post-47820378461658694242008-11-19T09:23:00.022+08:002008-11-19T10:32:57.345+08:00See More Do More. Bursa Trade Securities<div align="justify">An interesting change is about to take place in the Malaysian securities market. On 01/12/2008, Bursa will be running a new trading platform called Bursa Trade Securities.<br /></div><div align="justify"></div><div align="justify"></div><div align="justify">More transparency? Less market manipuation? Only time will tell.</div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify">"See More Do More...Bursa Trade" that is the new marketing tag line for Bursa Trade. To "see more" go to <a href="http://www.bursatrade.com/">www.bursatrade.com/</a></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify">Anyway here's the Bursa Malaysia Press release (with highlights added) :</div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"><strong>BURSA TRADE SECURITIES TO OFFER MORE TRADING OPPORTUNITIES FOR INVESTORS.</strong></div><div align="justify"><strong></strong></div><div align="justify"><strong></strong></div><div align="justify"><strong></strong></div><div align="justify"><strong></strong></div><div align="justify"><strong></strong></div><div align="justify"><strong></strong></div><div align="justify"><strong></strong></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify">Bursa Malaysia’s new trading platform enables greater accessibility, efficiency and transparency.</div><div align="justify"><br /></div><div align="justify"></div><div align="justify">Bursa Malaysia today announced the introduction of Bursa Trade Securities, a new trading platform for the securities market, which is targeted to be operational on 1 December 2008. The launch of this trading platform marks the completion of the exchange’s integrated trading system that will provide greater accessibility for both local and international investors, as well as enhance trading efficiency and transparency in the market</div><div align="justify"></div><div align="justify"></div><div align="justify"><span style="color:#ffffff;"></span></div><div align="justify"><span style="color:#ffffff;"></span></div><div align="justify"><span style="color:#ffffff;"></span></div><div align="justify"><span style="color:#ff0000;">The launch of the new system on 1 December 2008 is subject to a successful Pre-Live implementation test with market participants scheduled for 29 November 2008</span>. </div><div align="justify"></div><div align="justify"></div><div align="justify">The first phase of Bursa Trade was implemented in 2006 for the derivatives market. Bursa Trade, powered by NYSE Euronext Advanced Trading Solutions, underlines Bursa Malaysia’s commitment to enhance and upgrade its infrastructure and technology as part of its ongoing efforts to achieve an efficient marketplace. </div><div align="justify"></div><div align="justify"></div><div align="justify">Bursa Malaysia Berhad’s Chief Executive Officer, Dato’ Yusli Mohamed Yusoff said, “Global exchanges are leveraging heavily on technology to offer greater speed, access and control in trading. As our marketplace progresses in tandem with global market demands, this system’s new and improved features will allow market users and investors access to more trading opportunities.” </div><div align="justify"><br /></div><div align="justify">Some of the key features of Bursa Trade Securities are as follows: </div><div align="justify"><br /></div><div align="justify">Theoretical Opening Price (TOP) </div><div align="justify">Investors will be able to have ‘viewing ability’ of the theoretical opening prices for each stock under the pre-opening phase from 8:30am until the market opens for trading at 9am, as well as in the second session. The pre-opening price process enables real-time calculation of stock prices for first matching at opening phase. <span style="color:#ff0000;">This allows investors to gauge market sentiment and prices better as the pre-opening period is made transparent</span>. This is particularly useful for new listings. </div><div align="justify"><br /></div><div align="justify"></div><div align="justify">Theoretical Closing Price (TCP) </div><div align="justify">This transparency of trading extends to the moment the market is about to end for both the first and second trading sessions. The theoretical closing price feature promotes natural discovery of closing prices for each session. </div><div align="justify"><br /></div><div align="justify"></div><div align="justify">Trading At Last (TAL) </div><div align="justify">The last 10 minutes of each session will provide traders with the opportunity to close their positions. Matching will take place at a fixed price which will be either the last done price or the theoretical closing price. </div><div align="justify"><br /></div><div align="justify">Continuous trading </div><div align="justify">Bursa Trade Securities enables real-time and continuous matching of orders compared to 10 seconds matching under the current system. This makes the online trading experience faster and much more responsive. </div><div align="justify"><br /></div><div align="justify">Five best price limits </div><div align="justify">Investors would find this feature beneficial as it provides them with a clearer picture of market depth. The five-best price limits give investors more control of their trading decisions as opposed to the three-best price limits that is offered by the current system.</div><div align="justify"><br /></div><div align="justify">Odd Lots Settlement </div><div align="justify">Investors will now be able to do partial matching for odd lots which makes it more marketable. Odd lots can be partially matched based on price time priority. </div><div align="justify"><br /></div><div align="justify">Final Settlement Price for FKLI and OKLI </div><div align="justify">The implementation of Bursa Trade Securities will also have an impact on the derivatives market. There will be a change in the calculation of the Final Settlement Price (FSP) methodology for the derivatives products carrying the Kuala Lumpur Composite Index (KLCI) as the underlying instrument. The products affected will be the KLCI futures (FKLI) and the KLCI options (OKLI). This new methodology makes it less susceptible to market manipulation and smoothens out price volatility. </div><div align="justify"><br /></div><div align="justify">“Bursa Trade Securities is a scalable platform which can support future initiatives and innovative products such as multi- currency products. The introduction of Bursa Trade Securities will also enable the implementation of Direct Market Access (DMA) for equities which should be operational next year,” Dato’ Yusli added. </div><div align="justify"><br /></div><div align="justify">Dato’ Yusli also emphasised the exchange’s commitment to responsibly managing the implementation of this new trading system. Bursa Malaysia had carried out numerous user acceptance tests of Bursa Trade Securities with market participants since the beginning of this year in order to ensure that they were familiar with the new features. </div><div align="justify"><br /></div><div align="justify">He added, “As with any new technology and system implementation, there are inherent risks involved. We have put in place measures to ensure a seamless conversion to the new trading platform and to minimise any trading disruptions. </div><div align="justify"><br /></div><div align="justify">“Nevertheless, <span style="color:#ff0000;">if an unexpected disruption should occur, as is the case under the current system, there are two possible resumption scenarios. If a major disruption occurs before the start of the trading day, Bursa Malaysia will be able to resume trading within the same day. If a major disruption occurs during the trading day, trading is expected to resume the next business day</span>,” he concluded. </div><div align="justify"> </div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"><strong>........................................</strong></div><div align="justify"><strong></strong> </div><div align="justify"><strong>Side Comments</strong> : Perhaps Bursa should also implement shorter trading hours in this bearish trend. Shorter quality trading hours would be a more cost effective option.</div>GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com5tag:blogger.com,1999:blog-3959507297766592657.post-49618844812429922642008-11-07T00:32:00.003+08:002008-11-07T00:37:22.428+08:00News. Chinese Domestic Demand For Steel Down.Extracted from SteelGuru:<br /><div align="justify"><strong>Chinese domestic demand for steel down</strong> </div><div align="justify">China Knowledge cited Mr Xu Lejiang president of Baosteel Group as saying that China's demand in steel products for the past several months this year has dropped sharply fuelled by mainland economic slowdown and squeezed export.</div><div align="justify">Mr Xu during an industrial meeting said that <span style="color:#ff0000;">China's steel output is expected to decrease to 480 million tonnes this year because of the weakening demand in the domestic market and the declining prices of steel products that has forced steelmakers to cut their output</span>.</div><div align="justify">He said that mergers & acquisition are the strategic option for the industry, which will enhance the bargaining power of domestic iron and steel enterprises in both the upstream and downstream sectors.</div>GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com0tag:blogger.com,1999:blog-3959507297766592657.post-27342613640342674162008-11-07T00:28:00.003+08:002008-11-07T00:40:19.995+08:00Eye Kandy (Not)<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEje9s4GVVsKpVpdR0MoUKq-hPsaZShJ3Z49jTNuzXh4x7krWWlfEVc95AClAzavQSn94bt838N1fdJ4o7T30CZNtF5KNlvej96IWtP9ZcEm_5eP4uxgu5-HcQO5BFO_3s5BVYuR5B2SDp8/s1600-h/funny+signboard.jpg"><img id="BLOGGER_PHOTO_ID_5265582715114775714" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 292px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEje9s4GVVsKpVpdR0MoUKq-hPsaZShJ3Z49jTNuzXh4x7krWWlfEVc95AClAzavQSn94bt838N1fdJ4o7T30CZNtF5KNlvej96IWtP9ZcEm_5eP4uxgu5-HcQO5BFO_3s5BVYuR5B2SDp8/s400/funny+signboard.jpg" border="0" /></a><br /><div>Do u know the house owner/tenant? :)</div>GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com0tag:blogger.com,1999:blog-3959507297766592657.post-42028157492245179512008-11-01T18:18:00.009+08:002008-11-01T22:53:02.244+08:00Music. Carla Bruni. No Promises<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgpNXkwHXNln2_XwhTOJXyu0c3nfAcZE_wWTyuNs11u6DR6-CiSsk7cNdGbMOFCTAf6D9bUx5xnR9e6l3jxMDytMh7r2GxoCYMOqtPC4zAEZEU8X6TDkfRk9mpGbToR0BQkkzrQKrpfvmY/s1600-h/[AllCDCovers]_carla_bruni_no_promises_2007_retail_cd-front[1].jpg"><img id="BLOGGER_PHOTO_ID_5263635164702989474" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 390px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgpNXkwHXNln2_XwhTOJXyu0c3nfAcZE_wWTyuNs11u6DR6-CiSsk7cNdGbMOFCTAf6D9bUx5xnR9e6l3jxMDytMh7r2GxoCYMOqtPC4zAEZEU8X6TDkfRk9mpGbToR0BQkkzrQKrpfvmY/s400/%5BAllCDCovers%5D_carla_bruni_no_promises_2007_retail_cd-front%5B1%5D.jpg" border="0" /></a><br /><div><br />A couple of months ago I asked a mate of mine if he has heard of Carla Bruni. He said that he recalled her “as some sort of a hot model”. Well, Carla <strong>was</strong> one of the most sought after and also possibly one of the most controversial model around. I shall not go into why she is controversial as it would digress from the essence of this write-up. For a lady who will turn 40 this December, she still has the looks and appeal <span style="font-size:85%;color:#666666;">(<em>debatable</em>)</span>.<br /><br />Carla can sing and she does it well. Her 2nd album No Promises is an impressive follow up to her debut Quelqu'un m'a dit, released 5 years ago. On No Promises Carla demonstrates that she has poetic intellect imbued in her blood. Comprising 11 songs, this album is literate in nature as the songs are adaptations of poems by WB Yeats, Christina Rossetti, Walter de la Mare and Emily Dickinson amongst others.<br /><br />On No Promises, Carla worked with Louis Bertignac and the result was an intimate sound with smoky tones at the right places. Her folk inclination and Bertignac’s blues influence is potent.<br /><br />Those Dancing Days Are Gone opens the album with a funky blues number interspersed with the occasional harmonica. And when she goes into her breathy whispery singing mode, it exudes a classy gritty feel.<br /><br />She later gets dreamy and “waltzy” on Before The World Was Made and also on Autumn. On If You Were Coming In The Fall the pace quickens with some rock elements in it.<br /><br />At Last The Secret Is Out is an apt closure. Not so much for the lyrics as most of the time I just don’t dig deep into them. To me the title of the song has symbolic significance as we know now and can affirm that her talent lies beyond the catwalk and print-ads. She has evolved well indeed to a singer/songwriter to be reckoned with. There is also a certain emotional conviction in the way she sings her songs. And yes, her pronounced accent was all over with no attempt made to mask them. In fact, I like it like that as it imbues the songs with a certain warm tinge.<br /><br />This album is musical poetry for repeated listening to soothe the frayed soul. Intoxicating at times. Best listened when the lights are dimmed. Glass of red wine in hand - optional. </div><br /><div>Oh, ya...she is also known as Mrs. Sarkozy now. </div>GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com0tag:blogger.com,1999:blog-3959507297766592657.post-46694890627740865342008-11-01T13:53:00.034+08:002008-11-01T16:47:11.151+08:00Bullish Reversal Patterns.<div align="justify">In a bearish trend, like the one that we are going through now, it is common for traders and investors to try to bottom fish. This is a highly difficult task. It is also common knowledge that many who attempt to do so, end up catching falling knives instead of a cushy bottom when they don't manage their risk and exit well. Being able to identify the possible reversal points can provide insight to the possible entry points and for risk management in the event the anticipated reversal fails.<br /><br />Reversal patterns generally indicate the possibility of the end of a current bearish trend/phase. What follows thereafter is the probability of an opposite movement. These are some of the common patterns we can look out for <span style="color:#666666;">(<span style="font-size:85%;">thanks to tradingprice patterns</span>)</span>:<br /><br /><strong>1. Double bottom (or W)</strong><br />A double bottom occurs within the context of an existing bearish trend. It starts when a stock reaches a low from which it sharply rebounds. The stock then hits a high from which it rolls over. The stock then falls back down to the previous low and rebounds for a second time, forming two equal lows. These lows are connected to form a horizontal support level. The resistance level is defined by the high formed after the initial rebound.<br /><br />Double bottoms occur frequently within the context of bearish trends; therefore, <span style="color:#ff0000;">it’s important to wait for confirmation before acting on a double bottom</span>. Like 123 bottoms (see below) , double bottoms are ubiquitous. Many will form but ultimately fail over the course of a bearish trend. <span style="color:#ff0000;">Anticipating confirmation is possible, but doing so requires acute risk management</span>.<br />Double bottoms can form over very short periods and long periods of time.<br /><br /><span style="color:#ff0000;">A double bottom is confirmed once a stock breaks above the horizontal resistance level. Entry points can be taken upon the breakout or after waiting for a retest of previous resistance and then buying on the bounce. A double bottom is rejected once a stock breaks down below horizontal support</span>.<br /><br /><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjAVIqddBF1KFZ65_uzmtlt0o-Wrat9IpNo89MGiAG4fomFE3it5wPsk2RCrGJ6OogvdMwYzWsYeYrbtmOK-VxOoJc0v5L1dH0dEw_xQlrbTKwrmD8LPwjGWMHXqpBEZkgqVjh641QPMpc/s1600-h/7.2[1].png"><img id="BLOGGER_PHOTO_ID_5263599333869253362" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 243px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjAVIqddBF1KFZ65_uzmtlt0o-Wrat9IpNo89MGiAG4fomFE3it5wPsk2RCrGJ6OogvdMwYzWsYeYrbtmOK-VxOoJc0v5L1dH0dEw_xQlrbTKwrmD8LPwjGWMHXqpBEZkgqVjh641QPMpc/s400/7.2%5B1%5D.png" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><strong></strong><br /><br /><br /><strong></strong><br /><br /><br /></div><div align="justify"><strong>2. Triple bottom</strong><br />A triple bottom occurs within the context of an existing bearish trend. It starts when a stock reaches a low from which it sharply rebounds. The stock then hits a high from which it rolls over. The stock falls back down to the previous low and rebounds for a second time, forming two equal lows. The stock then rebounds to its recent highs and rolls over once more. The pattern concludes after the stock falls to its lows and stops going down for a third time. These three lows are connected to form a horizontal support level. The resistance level is defined by the two highs formed after the rebound attempts.<br /><br />Triple bottoms occur less frequently than double bottoms. But when triple bottoms do form, they provide very precise entry points and risk management levels. Triple bottoms can form over very short and long periods of time.<br /><br /><em>Triple bottoms can go on and become quadruple bottoms if the same horizontal support level is retested. The patterns can continue indefinitely</em>, but the more often a support level is tested the weaker it becomes. Keep as much in mind when trading triple bottoms that don’t immediately reverse higher.<br /><br /><span style="color:#ff0000;">A triple bottom is confirmed once the stock breaks above the horizontal resistance level. Entry points can be taken upon the breakout or after waiting for a retest or previous resistance and then buying on the bounce</span><span style="color:#ff0000;">. A triple bottom is rejected if the stock falls below horizontal support.</span><br /><br /><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhlyIX5UnH_u5SKsQdXf_nC9l7qrLlsqoBenqK-10WpTMa4SvXqP0xDWfMPoQMry-JGUXwrN3ECSG_wANTH_EebDiWT5Nw4t9tKv8WmQD_rkdJaDDnojuxnT6dnwvirhNMqtjh_AoAdDyw/s1600-h/7.3[1].png"><img id="BLOGGER_PHOTO_ID_5263601026660847106" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 243px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhlyIX5UnH_u5SKsQdXf_nC9l7qrLlsqoBenqK-10WpTMa4SvXqP0xDWfMPoQMry-JGUXwrN3ECSG_wANTH_EebDiWT5Nw4t9tKv8WmQD_rkdJaDDnojuxnT6dnwvirhNMqtjh_AoAdDyw/s400/7.3%5B1%5D.png" border="0" /></a><br /><br /><br /><br /><strong></strong><br /><strong></strong><br /><strong></strong><br /><strong></strong><br /><strong></strong><br /><strong></strong><br /><strong></strong><br /><strong></strong><br /><strong></strong><br /><strong></strong><br /><br /><strong>3. 123 bottom</strong><br />The 123 bottom is the most common bullish reversal pattern. The requirements for the 123 bottom are rather common, causing the pattern to frequently appear in existing bearish trends. Many 123 bottoms reach the first two conditions, but never confirm. The 123 bottom, therefore, can be somewhat deceiving. That’s why it’s imperative that the pattern confirms before placing trades.<br /><br />The 123 bottom starts when a stock sharply reverses higher after an extended bearish trend. This sharp rebound is the first requirement of the pattern, or part 1. The second requirement is for the stock to halt its rally attempt at short-term resistance, which is part 2 of the pattern. Part 3 of the pattern forms when the stock stages another sharp rebound, but from a relatively higher level than in part 1. The 123 bottom confirms when the stock breaks above short-term resistance as defined in part 2.<br /><br />A basic definition of a bearish trend is lower lows. A basic definition of a bullish trend is higher lows. The 123 bottom seeks to identify when a pattern of lower lows ends and a new pattern of higher lows begins.<br /><br /><em>Another way to think of a 123 bottom is as a very short-term cup and handle</em>, only the 123 bottom occurs at the end of a bearish trend.<br /><br /><em>The 123 bottom occurs in most bearish trends, but it rarely confirms. When it does confirm, it’s best to take a very short-term approach to trading the 123 bottom. Taking profits quickly is generally a good idea after entering a 123 bottom.<br /></em><br /><span style="color:#ff0000;">A 123 bottom is confirmed once the stock breaks above the horizontal resistance level as defined in part 2 of the definition. An entry can be taken as soon as the stock crosses its short-term resistance. This resistance will often act as support in the days following a breakout. </span><br /><br /><span style="color:#ff0000;">A 123 bottom is rejected if the stock fails to break above resistance or falls below the relative low traced in part 3</span>. A drop below the relative low in part 3 reveals a very short-term pattern of lower lows, which is a bearish indication.<br /><br /><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjt1IRiBNZQIfi-WhBk9Yt68pmqmcPSryqWwNyA8mz1p8OJa_4W5LJZnjEFpzC0zbkK41dymfpKW14KYw90foNhJ7mM2ztz_iYyc04Ow7K-5lZv5Ty5nChafGon8sMt1R56CV6eASyFcws/s1600-h/7.1[1].png"><img id="BLOGGER_PHOTO_ID_5263596045162140626" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 243px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjt1IRiBNZQIfi-WhBk9Yt68pmqmcPSryqWwNyA8mz1p8OJa_4W5LJZnjEFpzC0zbkK41dymfpKW14KYw90foNhJ7mM2ztz_iYyc04Ow7K-5lZv5Ty5nChafGon8sMt1R56CV6eASyFcws/s400/7.1%5B1%5D.png" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Note : it would be prudent to observe that your usual indicators also support the reversal patterns.<br /><br /><span style="font-size:85%;color:#666666;">(the charts featured above were extracted from stockcharts and thereafter marked upon to illustrate the reversal patterns)</span></div>GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com0tag:blogger.com,1999:blog-3959507297766592657.post-89037381264146815522008-09-09T20:47:00.021+08:002008-09-09T22:59:49.062+08:00Some Trading Rules<div align="justify">While pending a lead in the current direction-less local stock market, it would be time well spent for one to refresh & remind oneself of some basic trading rules.</div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify">Let us look to John Murphy for some light. John, who is an acknowledged technical analyst, has drawn upon his thirty years of experience to develop ten basic laws of technical trading: rules that are designed to help explain the whole idea of technical trading for the beginner and to serve as a concise trading methodology for the more experienced trader. </div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify">The following are his ten most important rules of technical trading: </div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify">1. Map the Trends Study long-term charts. </div><div align="justify">Begin a chart analysis with monthly and weekly charts spanning several years. A larger scale "map of the market" provides more visibility and a better long-term perspective on a market. Once the long-term has been established, then consult daily and intra-day charts. A short-term market view alone can often be deceptive. Even if you only trade the very short term, you will do better if you're trading in the same direction as the intermediate and longer term trends. </div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify">2. Spot the Trend and Go With It Determine the trend and follow it. </div><div align="justify">Market trends come in many sizes -- long-term, intermediate-term and short-term. First, determine which one you're going to trade and use the appropriate chart. Make sure you trade in the direction of that trend. Buy dips if the trend is up. Sell rallies if the trend is down. If you're trading the intermediate trend, use daily and weekly charts. If you're day trading, use daily and intra-day charts. But in each case, let the longer range chart determine the trend, and then use the shorter term chart for timing. </div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify">3. Find the Low and High of It Find support and resistance levels. </div><div align="justify">The best place to buy a market is near support levels. That support is usually a previous reaction low. The best place to sell a market is near resistance levels. Resistance is usually a previous peak. After a resistance peak has been broken, it will usually provide support on subsequent pullbacks. In other words, the old "high" becomes the new "low." In the same way, when a support level has been broken, it will usually produce selling on subsequent rallies -- the old "low" can become the new "high." </div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify">4. Know How Far to Backtrack Measure percentage retracements. </div><div align="justify">Market corrections up or down usually retrace a significant portion of the previous trend. You can measure the corrections in an existing trend in simple percentages. A fifty percent retracement of a prior trend is most common. A minimum retracement is usually one-third of the prior trend. The maximum retracement is usually two-thirds. Fibonacci retracements of 38% and 62% are also worth watching. During a pullback in an uptrend, therefore, initial buy points are in the 33-38% retracement area. </div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify">5. Draw the Line Draw trend lines. </div><div align="justify">Trend lines are one of the simplest and most effective charting tools. All you need is a straight edge and two points on the chart. Up trend lines are drawn along two successive lows. Down trend lines are drawn along two successive peaks. Prices will often pull back to trend lines before resuming their trend. The breaking of trend lines usually signals a change in trend. A valid trend line should be touched at least three times. The longer a trend line has been in effect, and the more times it has been tested, the more important it becomes. </div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify">6. Follow that Average Follow moving averages. </div><div align="justify">Moving averages provide objective buy and sell signals. They tell you if existing trend is still in motion and help confirm a trend change. Moving averages do not tell you in advance, however, that a trend change is imminent. A combination chart of two moving averages is the most popular way of finding trading signals. Some popular futures combinations are 4- and 9-day moving averages, 9- and 18-day, 5- and 20-day. Signals are given when the shorter average line crosses the longer. Price crossings above and below a 40-day moving average also provide good trading signals. Since moving average chart lines are trend-following indicators, they work best in a trending market. </div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify">7. Learn the Turns Track oscillators. </div><div align="justify">Oscillators help identify overbought and oversold markets. While moving averages offer confirmation of a market trend change, oscillators often help warn us in advance that a market has rallied or fallen too far and will soon turn. Two of the most popular are the Relative Strength Index (RSI) and Stochastics. They both work on a scale of 0 to 100. With the RSI, readings over 70 are overbought while readings below 30 are oversold. The overbought and oversold values for Stochastics are 80 and 20. Most traders use 14-days or weeks for stochastics and either 9 or 14 days or weeks for RSI. Oscillator divergences often warn of market turns. These tools work best in a trading market range. Weekly signals can be used as filters on daily signals. Daily signals can be used as filters for intra-day charts. </div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify">8. Know the Warning Signs Trade MACD. </div><div align="justify">The Moving Average Convergence Divergence (MACD) indicator (developed by Gerald Appel) combines a moving average crossover system with the overbought/oversold elements of an oscillator. A buy signal occurs when the faster line crosses above the slower and both lines are below zero. A sell signal takes place when the faster line crosses below the slower from above the zero line. Weekly signals take precedence over daily signals. An MACD histogram plots the difference between the two lines and gives even earlier warnings of trend changes. It's called a "histogram" because vertical bars are used to show the difference between the two lines on the chart. </div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify">9. Trend or Not a Trend Use ADX. </div><div align="justify">The Average Directional Movement Index (ADX) line helps determine whether a market is in a trending or a trading phase. It measures the degree of trend or direction in the market. A rising ADX line suggests the presence of a strong trend. A falling ADX line suggests the presence of a trading market and the absence of a trend. A rising ADX line favors moving averages; a falling ADX favors oscillators. By plotting the direction of the ADX line, the trader is able to determine which trading style and which set of indicators are most suitable for the current market environment. </div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify"></div><div align="justify">10. Know the Confirming Signs Include volume and open interest. </div><div align="justify">Volume and open interest are important confirming indicators in futures markets. Volume precedes price. It's important to ensure that heavier volume is taking place in the direction of the prevailing trend. In an uptrend, heavier volume should be seen on up days. Rising open interest confirms that new money is supporting the prevailing trend. Declining open interest is often a warning that the trend is near completion. A solid price uptrend should be accompanied by rising volume and rising open interest. </div><div align="justify"> </div><div align="justify"> </div><div align="justify">Knowing & remembering the rules is one thing. Adopting & practising it is another. And we must also factor in the emotional element.</div><div align="justify"> </div><div align="justify">In anticipation, I wish u Happy 16092008! :) </div><div align="justify"></div><div align="justify"></div>GlySinnhttp://www.blogger.com/profile/13352381142446682960noreply@blogger.com0