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Buying when indicators show good signals to buy will very likely be
buying at the top... -
NOT TRUE TRUEiPunter ( Date: 04-Aug-2009 07:12) Posted:
Buying when indicators show good signals to buy will very likely be buying at the top...
This is because indicators are based on what has already happened yesterday or before...
Indicators show the 'news' and history...  |
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Buying when indicators show good signals to buy will very likely be buying at the top...
This is because indicators are based on what has
already happened yesterday or before...
Indicators show the 'news' and history...
For Ezra , the tp would be $1.75 n later $1.97 .
dktrl30771 ( Date: 04-Aug-2009 01:43) Posted:
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Any TP ????
Hi singaporegal,
thanks for sharing your info and knowledge.
happy trading.
singaporegal ( Date: 03-Aug-2009 21:18) Posted:
Hi maxcty, The best time to load up on any counter, from a TA point of view, is when - (1) the RSI is about to or has just recently crossed into the overbought region. (2) Heavy volumes (or the Accumulation/Distribution line is uptrending)
(3) MACD shows bullish signs
For this counter, (2) and (3) are still true but this counter's RSI has been overbought for a few days already. While I still have bullish views on this counter, I am now waiting for the steam to run out of this bull.
maxcty ( Date: 03-Aug-2009 20:51) Posted:
still worth loading this counter?
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Hi maxcty,
The best time to load up on any counter, from a TA point of view, is when -
(1) the RSI is about to or has just recently crossed into the overbought region.
(2) Heavy volumes (or the Accumulation/Distribution line is uptrending)
(3) MACD shows bullish signs
For this counter, (2) and (3) are still true but this counter's RSI has been overbought for a few days already. While I still have bullish views on this counter, I am now waiting for the steam to run out of this bull.
maxcty ( Date: 03-Aug-2009 20:51) Posted:
still worth loading this counter?
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Who dares to answer this question?...
still worth loading this counter?
Sailing all the way to the Middel East
Still holding onto this!
Moved my stop up to $1.53.
DnApeh - thanks for the ADX tip. For exit strategy, I prefer to use pre-planned stops.
May i humbly suggest adding ADX to your indicators? (
ban men nong fu)
singaporegal ( Date: 31-Jul-2009 23:07) Posted:
Wow... 2 years ago. :) Can't remember liao... I gave up on trailing stops already. They tend to activate too early. Always end up not making much money because the trade exits too early. Now I just trail my stops manually using Fibo and Resistance levels. When the trend changes, the price will cut through the resistance level and the stop will activate automatically. This means that I have to update my stops a couple of times a day to keep them up to date to the current trend. But whatever happens, I never ever lower my stop.
DnApeh ( Date: 31-Jul-2009 23:02) Posted:
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Yes, i know. i just kidding.
i read about the 3 types of stops that you discussed ~2 years ago, i think. ( 1, cut loss ~5%; 2,sell when trend reversal; 3,set trailing stop 8% when letting profits run.)
a big THANK YOU for all the lessons! |
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Wow... 2 years ago. :) Can't remember liao...
I gave up on trailing stops already. They tend to activate too early. Always end up not making much money because the trade exits too early.
Now I just trail my stops manually using Fibo and Resistance levels. When the trend changes, the price will cut through the resistance level and the stop will activate automatically.
This means that I have to update my stops a couple of times a day to keep them up to date to the current trend. But whatever happens, I never ever lower my stop.
DnApeh ( Date: 31-Jul-2009 23:02) Posted:
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Yes, i know. i just kidding.
i read about the 3 types of stops that you discussed ~2 years ago, i think. ( 1, cut loss ~5%; 2,sell when trend reversal; 3,set trailing stop 8% when letting profits run.)
a big THANK YOU for all the lessons!
singaporegal ( Date: 31-Jul-2009 22:38) Posted:
Usually, I don't use a target price or any particular chart pattern or indicator that determines a sell action - unless there is a compelling reason to do so ... like some major sudden development. What I do is to manually move my stops higher and higher as the price trend increases. I then let the stop activate and trigger the sell for me. So its difficult for me to "give warning" to you.... :)
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Yes, i know. i just kidding.
i read about the 3 types of stops that you discussed ~2 years ago, i think. ( 1, cut loss ~5%; 2,sell when trend reversal; 3,set trailing stop 8% when letting profits run.)
a big THANK YOU for all the lessons!
singaporegal ( Date: 31-Jul-2009 22:38) Posted:
Usually, I don't use a target price or any particular chart pattern or indicator that determines a sell action - unless there is a compelling reason to do so ... like some major sudden development. What I do is to manually move my stops higher and higher as the price trend increases. I then let the stop activate and trigger the sell for me. So its difficult for me to "give warning" to you.... :)
DnApeh ( Date: 31-Jul-2009 22:32) Posted:
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if sell must early eraly say, ok?
National Day Song: " count on you, singaporegal" |
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Usually, I don't use a target price or any particular chart pattern or indicator that determines a sell action - unless there is a compelling reason to do so ... like some major sudden development.
What I do is to manually move my stops higher and higher as the price trend increases. I then let the stop activate and trigger the sell for me.
So its difficult for me to "give warning" to you.... :)
DnApeh ( Date: 31-Jul-2009 22:32) Posted:
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if sell must early eraly say, ok?
National Day Song: " count on you, singaporegal"
singaporegal ( Date: 31-Jul-2009 22:29) Posted:
I'm still holding on to this one. Riding the trend. The huge volumes today show BB involvment again.
Put a protective stop at 1.48. So a confirmed profit of 21 cents for me. :) |
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if sell must early eraly say, ok?
National Day Song: " count on you, singaporegal"
singaporegal ( Date: 31-Jul-2009 22:29) Posted:
I'm still holding on to this one. Riding the trend. The huge volumes today show BB involvment again.
Put a protective stop at 1.48. So a confirmed profit of 21 cents for me. :) |
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I'm still holding on to this one. Riding the trend. The huge volumes today show BB involvment again.
Put a protective stop at 1.48. So a confirmed profit of 21 cents for me. :)
$1.60 liao ......................................
dragonboy ( Date: 31-Jul-2009 08:53) Posted:
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IT WILL BE HEADING NORTH.......SHORT TERM CAN SEE $1.90 NOT A PROB.........TODAY A GOOD DAY FOR THIS COUNTER,,,,,,,,CHEONG AH .......
Tek2009 ( Date: 30-Jul-2009 22:29) Posted:
Thx for comment after breaking the resistance level... hopefuly $1.46 becomes an another milestone... :)- |
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IT WILL BE HEADING NORTH.......SHORT TERM CAN SEE $1.90 NOT A PROB.........TODAY A GOOD DAY FOR THIS COUNTER,,,,,,,,CHEONG AH .......
Tek2009 ( Date: 30-Jul-2009 22:29) Posted:
Thx for comment after breaking the resistance level... hopefuly $1.46 becomes an another milestone... :)- |
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Thx for comment after breaking the resistance level... hopefuly $1.46 becomes an another milestone... :)-
Now then you say, must post early early mah! Just joking!
singaporegal ( Date: 30-Jul-2009 20:40) Posted:
High volumes these past few days indicate accumulation by BBs.
Vested in this counter at $1.27. |
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