Latest Forum Topics / Midas Last:0.192 -- | Post Reply |
Midas
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risktaker
Supreme |
17-Aug-2009 16:55
Yells: "Sometimes you think you know, but in fact you dont" |
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wow huat ah. Free money in shorting :) | ||||
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richtan
Supreme |
17-Aug-2009 15:29
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As per my postings below, it is probably testing 0.84 (25ema), presents (imo, not a call to buy) good buying opportunity, but set your stop-loss (personally I set and exit if it closes 2 days continuous below the 25ema to avoid fake breakdown) and wait for the next buy opportunity. Dyodd n BOSAYOR.
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richtan
Supreme |
17-Aug-2009 15:22
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Hi raymondho, OIC, anyway, I dun follow 15 mins chart. Experiment with all the various indicators n use wat works for u, but persoanlly as I had mentioned, from my reading of many TA books and confirmed by my observation, all those indicators are lagging, only used to confirm the leading indicators, ie 1st priority still the leading indicators, not the other way round.
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raymondho
Senior |
17-Aug-2009 15:12
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Hi! Richtan, No, I use Lim n Tan's life chart (Chartnexus version), the range from 1 min to monthly. it's free and is up to time. Normally, less than 30 mins the info may not accurate, so I always use 30 min, hourly, and daily+ to judge. I learnt up the CCI very recent, and found that it gives me good indication to forecast up and down. In the past, I always use DMI, MACD, Stochastic, RSI, MFI. anyway, may not right as market is not on our hand. I like your analyses and posting very much, hope to see more of it.
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edskh78
Member |
17-Aug-2009 15:11
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Midas free falling now. Trying to touch 0.84 already. |
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richtan
Supreme |
17-Aug-2009 15:05
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Hi m0shii, Read my comments below in earlier post and my chart posting, fyi.
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richtan
Supreme |
17-Aug-2009 15:03
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Yup, I called chartNexus, confirmed 15 mins chart feature is available only for the paid version. Anyway, it is ok for me, I dun follow 15 mins chart which is more for intraday traders.
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Laulan
Master |
17-Aug-2009 15:02
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This share very hard to play for profits. Tried many times, lose win lose win lose win. Surrender already. Don't look back on this counter if you experiencing same. I think it is controlled by some big shorts.
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m0shii
Member |
17-Aug-2009 14:59
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quite upset...hopefully this counter will buck up...seems like no resistance...keep dropping....is it bb losing faith. Now 0.850 | ||||
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ozone2002
Supreme |
17-Aug-2009 14:58
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if there's a divergence between the results and the price..e.g profits outstanding and price goes down..i'll buy.. e.g if profits bad and price goes up..i'll sell.. |
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richtan
Supreme |
17-Aug-2009 14:58
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Hi raymondho, Read my reply to risktaker, whereby I mentioned n shared your view, tat I do not rule out the possibility of pullback to the 25ema at around 0.84, following STI"S correction. Btw, just curious, are u using the paid version, as I dun see any 15 mins feature in the free version which is good enuf for me as it works for me. But in any case, I dun follow 15 mins chart as I only follow the EOD chart to decide the next day action, though it is good to have to take a look, no harm done but ultimately, my trading decision is based on EOD chart.
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richtan
Supreme |
17-Aug-2009 14:49
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I do not rule out the possibility of pullback to the 25ema at around 0.84, following STI's correction (see my STI chart posting), but tat does not negate the uptrend.
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raymondho
Senior |
17-Aug-2009 14:47
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Hi! Fartist, On the chart's right up corner, you will see daily, then click on it, it shows daily, daily+ (that means up to today movement), weekly, weekly+, hourly, and 30 mins, click wat you want. Now price dip to 0.86 the 15 days M support and go fuarather to 0.855, so, keep an eye on it, if it slips to 25MA 0.84, I think is the best time to enter. Anyway, for today's trade, I will take CCI as a guide, if it down to -100 chances to rebound is very high. Only for sharing, as Iam learning TA's indicators.
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risktaker
Supreme |
17-Aug-2009 14:27
Yells: "Sometimes you think you know, but in fact you dont" |
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ya its a good buy but its unlikely to cross 0.85 or touch 0.85. given its strong FA and outlook. Shorters will covered, before they are caught naked :)
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richtan
Supreme |
17-Aug-2009 14:24
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Imo, this pullback towards 15ema and 25ema presents another good buy opportunity but dyodd n BOSAYOR | ||||
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risktaker
Supreme |
17-Aug-2009 13:57
Yells: "Sometimes you think you know, but in fact you dont" |
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shorters coming in strong. Ho seh liao le long again. | ||||
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fartist
Member |
17-Aug-2009 13:02
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Hi raymond, how do you view 30mins chart may i ask?
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raymondho
Senior |
17-Aug-2009 12:53
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Any comments? |
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richtan
Supreme |
17-Aug-2009 12:45
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Just ignore all this short-term noise and distractions, we should be thankful to them as they enable us to buy at a lower price instead of chasing after prices, when they push down, we buy from them. (good FA, only need to time entry n exit based on TA). As I always say: "Plan your trade and trade your plan", be mechanical, not emotional n dun be affected by all these BBs.
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risktaker
Supreme |
17-Aug-2009 12:29
Yells: "Sometimes you think you know, but in fact you dont" |
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I think its time..... liao la. let it go up :) U know I know. |
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