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bladez87
Master |
11-Dec-2010 00:48
Yells: "I AM PAPER TRADING AFTER LOSING 5k!" |
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it is a good company, with good prospect. buy it not to trade, but for value. i mean buy 5 lots, keep it until it performs. i think it is an undervalued counter with a lot of prospect. but i havent done a full analysis so i might be wrong.
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iPunter
Supreme |
11-Dec-2010 00:47
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Traps are real... Without that trap, I would be happily riding my short down... I saved my commission, though / But at no time do I bang against any wall... |
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Gaecia
Elite |
11-Dec-2010 00:44
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LOL yes i do understand. You must hav been still shaken from banging the wall. Opportunites aplenty everyday, it will knock on your door again.
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Gaecia
Elite |
11-Dec-2010 00:40
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Just, let him be if nothing goes in.
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iPunter
Supreme |
11-Dec-2010 00:35
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Jump in for what purpose?
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bladez87
Master |
11-Dec-2010 00:30
Yells: "I AM PAPER TRADING AFTER LOSING 5k!" |
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wait for a correction then jump in lor. quite surprised it got pumped up. i mean no news, and bad sentiments. probably cause BB just wanna fry something
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iPunter
Supreme |
11-Dec-2010 00:25
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Not a major support, just minor one... But down is a fairly good bet... Just let your pos run... but be ready to dump. I need to recover from that trap, so am side-lining to regain my composure.
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elton81
Master |
11-Dec-2010 00:21
Yells: "$$ very hard to earn :(" |
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Never trust a head and shoulders pattern where the neckline is clearly ascending (the second trough being higher than the first). Also, the more level the neckline, the more reliable the pattern.
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iPunter
Supreme |
11-Dec-2010 00:20
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Sunpower is already been pumped up... too late to join the fray now...
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Gaecia
Elite |
11-Dec-2010 00:19
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Still hav major support line, at where? Okay we'll see. i got a feeling this couple days of usd comeback affects commodities, cpo is not exempted.
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icetomato
Elite |
11-Dec-2010 00:17
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Nope... not going to C gold la. Just wondering, coz saw this section forex/gold.... not sure how it works. Need to be registered as online futures client though.
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iPunter
Supreme |
11-Dec-2010 00:17
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You can play gold with Philips Futures...
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bladez87
Master |
11-Dec-2010 00:15
Yells: "I AM PAPER TRADING AFTER LOSING 5k!" |
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why nobody interested in sunpower...i like talking to wall. maybe my new approach of fundamental trading nobody interested... saddd |
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Gaecia
Elite |
11-Dec-2010 00:12
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hmm no, i'm not a fan of 24k. I thought u hav poems? Otherwise UOB offers gold deposits saving a/c, it will be cash deposit upfront according to the grammage purchased. Anyway gold u wanted to contra on poems? Its slow growth not like stock pick u know..gold takes alot of patience to profit, you're seriously not scared to c?
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elton81
Master |
11-Dec-2010 00:12
Yells: "$$ very hard to earn :(" |
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ya.. vol is an important factor i think.. coz today, i just returned the book i borrowed from library. most LS should have high vol follow by head having vol not as high as the LS... and only a few cases with H having the same high vol as LS... anyway.. i might be wrong.. it pays to be caution :)
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iPunter
Supreme |
11-Dec-2010 00:08
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Yesterday the trap in the last minutes of trading was obvious... Big chunks gobbled up to a high of .795. As I had shorted earlier @.79, I was intent to get out as soon as I could... thus I covered today @.78. This entry will go into my journal... |
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Gaecia
Elite |
11-Dec-2010 00:06
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i don't know if volume's a dependable yardstick, as year end vol tends to be thin. I cannot read gsp's trend very well that's why i half-heartedly halved off the holdings & let the rest run.
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icetomato
Elite |
11-Dec-2010 00:05
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Are you using Poems for gold? :( cannot play. not registered yet.
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Gaecia
Elite |
11-Dec-2010 00:01
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Tmr the market is closed, don't try trading on ur own. ;p Hey its ridiculously juicy. Just let it pass okay, anyone can hav a prob with stops from time to time..
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elton81
Master |
11-Dec-2010 00:00
Yells: "$$ very hard to earn :(" |
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i thought head and shoulder mostly have high vols at the LS and the H.. but the chart for GSP shows high vol for most of the days... so can it be counted as head and shoulder?hopefully monday gsp chiong and show us that the head and shoulder is not true... lol
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