Latest Forum Topics / China Hongxing | Post Reply |
Good News for China Hongxin
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richtan
Supreme |
28-Jul-2009 14:28
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I may or may not come back to this stock depending on how are my funds deployed and also whether any buy opportunity in this stock in the future.
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richtan
Supreme |
28-Jul-2009 14:25
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Thanks a lot, long time no hear from you, glad tat u are still here. Same to u. hope all of us HUAT AHHH!!!
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Bintang
Elite |
28-Jul-2009 14:22
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Richtan , kong see , kong see , I share your happiness .
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snooty
Senior |
28-Jul-2009 13:52
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oh no! im going to miss all your good postings on TA! Btw, im still holding on to this n dun know what price would be good to offload.. hahah..
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richtan
Supreme |
28-Jul-2009 12:42
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Sold all my red star for very good handsome profit, no regrets even if it moves up subsequently, shall not be monitoring this stock any more, on lookout for other buy opportunities in other stocks. | ||||
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richtan
Supreme |
28-Jul-2009 00:27
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Sure, no problem, u are most welcome. By the way, there is a user manual which u can refer, but still feel free to post here, if any thing not clear, hopefully either me or other forumers can advise.
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weishen81
Member |
28-Jul-2009 00:16
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Ahh..... I see! Oh ok, i will continue to observe how it goes. Thanks so much for your reply! Do you mind if i come back to you on how to use ChartNexus if i run into any difficulties or dun understand some of the trading knowledge i am reading in books? Will also visit the thread that you posted. Thanks!
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richtan
Supreme |
28-Jul-2009 00:14
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Oh yah, those target prices tat u see given by broking houses, I just used it as a guide, notice tat they are never ever accurate, at most times, they are a moving target, adjusting up and down from time to time, to me they are not reliable.
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richtan
Supreme |
28-Jul-2009 00:10
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Basically, I trade day to day based on my TA interpretation, n never believe in such thing as target price.
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richtan
Supreme |
28-Jul-2009 00:04
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Hi weishen81, I m glad to know tat u are finally learning TA, good for u. I had created a thread "Learning TA" quite some time ago, for newbies, take a look at it, many free TA tutorial websites to learn. Remember tat indicators eg MACD, etc are mostly lagging indicators n play a supporting role to confirm the candles, candle pattern, consolidation n continuation pattern. The bullish trend in fact already started 10 days ago with the formation of the bullish harami followed by the next day higher high n higher low up candle. From today's candle onwards, the price may either moves sideways/pullback to consolidate or continues to go up. At the end of the day, must still remember tat TA is not infallible, so still need to set stop-loss. Take your time to familiarise the features, after a while, u will become an expert.
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weishen81
Member |
27-Jul-2009 23:10
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Hi richtan! Heeding what you always reminded us newbies, i am trying to learn TA now.... I am learning to use ChartNexus software which i downloaded. And also learning how to read simple indicators such as MACD; 20,50 MAs; Parabolic SAR, and also simple single candlestick patterns. Saw the price for CHHX formed a Dragonfly Doji on Friday, and today a White Marubozu, with MACD crossing above signal line, and price up with volume today above 65 Vol MA, with this simple interpretation, is it ok to say that a new bullish trend MAY be forming? Sorry need your guidance don't i right or wrong.... Me refering to books and looking at the chart. But got abit overwhelmned by the software because of so many features.... dont know how to tune the settings....
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ywyeap
Member |
27-Jul-2009 21:55
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This laggard was trading at 40cent (without right issued) now when STI was at 2500 last year. based on yout TA, would you mind to tell me what is the target price? thanks
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qwertyuiop00
Veteran |
27-Jul-2009 20:36
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gogo chinahong!! anyone thinks it can reach 0.25 this week? :D |
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richtan
Supreme |
27-Jul-2009 17:29
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CHHX closed at the day's high, forming a long full real body white candle on tripled last Fri's volume |
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richtan
Supreme |
27-Jul-2009 17:13
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Hi Sandmark, I m so sorry tat I dun have any specific highlight as all my advice are in reply to newbies as n when I saw their post which I feel the need to reply to help them as much as I can besides monitoring my personal trades n family time. I suggest u u click on my nick n set your own pace and scan (speedreading) n read those u think is relevant, note where u start n stop (my posting date n time) n carry on from where u stop, not forgetting any new post subsequent to where u started, whenever your time permits. Take your time, remember "Rome is not built in one day" If u are really keen on TA, look for the thread "Learning TA" under "Others" tat I specially created with newbies in mind. I hope this helps.
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sandmark
Member |
27-Jul-2009 16:54
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Hi richtan, yea u did..n very much thank u for yr advice u gave me...i tried to click on your nick to read...but there r too many post u have done...can u specify any highlight for newbies like me to read so that i dun have to read all? too tiring for me i have a full time job and a part time job
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richtan
Supreme |
27-Jul-2009 16:37
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Hi Sandmark, I suggest u listen to my advice, every tradesmen needs their tools, so to make a living out of trading, u need to master FA n TA, FA on the fundamentals of the coy n TA to time entry n exit. Frankly, there is no short-cut to success in life be it in careers or biz, including trading, trading based on luck is a very dangerous game, how many times can we be tat lucky. But of course, I often mentioned tat TA is not infallible so need to set stop-loss. Correct me if I m wrong, if I remember correctly, I had adviced u to click on my nick to read my past postings on advice to newbies, the 3 golden mantras and the thread "Learning TA", I specially created with newbies in mind.
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sandmark
Member |
27-Jul-2009 16:19
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wow...great patience that i must learn...i sold golden agri n lost a few hundreds now it went up again... :(..impatience kills me patience oso killed me 2 years ago whereby i held and it kepts dropping (other share)...tough... i still depend much on luck in this field...
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richtan
Supreme |
27-Jul-2009 16:13
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Besides patience, to really make money in trading, imo, there is no easy way out, no short-cut, need hardwork, need to know how to interpret TA to time entry n exit, but of course, TA is not infallible so need to set stop-loss. Frankly, no one will be able to tell u when it can break 30 ct, whoever tell u they can, better distance yourself from them as only GOD knows, we mortals can at best only predict, which means no guarantee.
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ywyeap
Member |
27-Jul-2009 16:04
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I already have very good patience, hold for 1 years already for those bought at 27cent... When it can break 30 cent :(
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