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Post by zuolun on May 19, 2015 7:42:11 GMT 7
Bro Zuolun you are so right about the Gap Theory and Island Bottom Reversal ! I studied your previous post last weekend but I miss the trade even ICHIMUKU has all the bullish buy signal. The main reason is because I didn't practice: 升势莫估顶，跌势莫估底 ; thinking that the price already gone up too much., 升势莫估顶，跌势莫估底 ~ Long-term wise, strong stock remains strong, weak stock remains weak. Buy weak stocks for long term investment only when the major trend reversal is confirmed. Bottom-fishing is the toughest game in the stock market. It actually means no one knows exactly where the peak or bottom of the stock until the share price has already reversed 20% to 50%, up or down. That's why long or short "most of the times are after event" i.e. wait for a decisive confirmation to buy or sell (it's applicable to short term, mid-term, as well as long term investments, using FA, TA or both). Traders emotions of following a chart |
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Post by zuolun on May 21, 2015 14:37:00 GMT 7
Hi Zuolun Can you please help to update the chart for sino? Thanks, Believe with the surge today, SinoG had a breakout from the downtrend channel. A breakout from 41.5cts will confirm the uptrend. Bro Zuolun, please can I ask you to be my TA shifu too? Where do I begin? What chart platform and technical indicators to use? Thank you very much. , Based on your above postings, I believe you already know how to read charts and I think it's not necessary for you to learn from me. What you need is to practise and post more charts in pertama forum to improve your TA skill. I've posted more than 10,000 stock charts over the years and it's by doing a follow-up / self-check on what I posted b4 and after, to learn and improve on what I did correctly and incorrectly. Unlike you, sptl123 has limited knowledge on TA. I remembered when I told him that as a beginner learning TA, he must memorize the basic candlestick patterns and he really made an effort to do it, as per my request. 横看成岭侧成峰，远近高低各不同。
不识庐山真面目，只缘身在此山中。 |
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Post by huathuatleo on May 21, 2015 16:31:38 GMT 7
Hi Zuolun sifu Thanks, I will try to post and learn from here. Hope I can seek your guidance here as my TA only basic. thanks. By the way a few questions.. I am using Chartnexus free version - how to do you get the indicators for Harmonics? Are you all using Chartnexus too? Do you all trade on lower TF like H1, H4? thanks. Hi Zuolun Can you please help to update the chart for sino? Thanks, Believe with the surge today, SinoG had a breakout from the downtrend channel. A breakout from 41.5cts will confirm the uptrend. Bro Zuolun, please can I ask you to be my TA shifu too? Where do I begin? What chart platform and technical indicators to use? Thank you very much. , Based on your above postings, I believe you already know how to read charts and I think it's not necessary for you to learn from me. What you need is to practise and post more charts in pertama forum to improve your TA skill. I've posted more than 10,000 stock charts over the years and it's by doing a follow-up / self-check on what I posted b4 and after, to learn and improve on what I did correctly and incorrectly. Unlike you, sptl123 has limited knowledge on TA. I remembered when I told him that as a beginner learning TA, he must memorize the basic candlestick patterns and he really made an effort to do it, as per my request. 横看成岭侧成峰，远近高低各不同。
不识庐山真面目，只缘身在此山中。 |
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Post by zuolun on May 21, 2015 17:04:15 GMT 7
Hi Zuolun sifu Thanks, I will try to post and learn from here. Hope I can seek your guidance here as my TA only basic. thanks. By the way a few questions.. I am using Chartnexus free version - how to do you get the indicators for Harmonics? Are you all using Chartnexus too? Do you all trade on lower TF like H1, H4? thanks. , I am also using Chartnexus free version. I don't know what is the meaning of "trade on lower TF like H1, H4". Harmonic / Gartley Patterns ~ Use your hand to draw the chart patterns/indicators; nothing is impossible. Technical Analysis is an art and science.   |
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Post by huathuatleo on May 21, 2015 17:10:29 GMT 7
Hi Zuolun sifu I am referring to lower time frame like hourly (h1) or every four hourly (H4). Hi Zuolun sifu Thanks, I will try to post and learn from here. Hope I can seek your guidance here as my TA only basic. thanks. By the way a few questions.. I am using Chartnexus free version - how to do you get the indicators for Harmonics? Are you all using Chartnexus too? Do you all trade on lower TF like H1, H4? thanks. , I am also using Chartnexus free version. I don't know what is the meaning of "trade on lower TF like H1, H4". Harmonic / Gartley Patterns ~ Use your hand to draw the chart patterns/indicators; nothing is impossible. Technical Analysis is an art and science. |
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Post by zuolun on May 21, 2015 18:33:28 GMT 7
Hi Zuolun sifu I am referring to lower time frame like hourly (h1) or every four hourly (H4). , If you're an intraday trader, beside the hourly/minute chart, it's advisable to get the market depth to see the price action and trading volume. |
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Post by huathuatleo on May 21, 2015 18:40:15 GMT 7
Thank you sifu.
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Post by zuolun on May 22, 2015 18:23:00 GMT 7
Hi Sifu zuolunI see that you you a lot of Harmonics. I am not sure about their hit rate and precision..as I have friends who told me that they dont really work out sometimes in the FX world. It has I would say 60-65% probability. What is your opinion on stocks? cheers. , Harmonic / Gartley pattern is part of the Elliott Wave pattern.    |
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Post by huathuatleo on May 22, 2015 19:47:16 GMT 7
Thanks for the info sifu.
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Post by zuolun on Jun 4, 2015 6:58:28 GMT 7
sptl123, S-Chip ~ Always a good trading stock for punting only, never go for longterm or put it the same as...gf always good to have for a temporary ego boost only; wife is good for longterm companionship.  陈九霖：“墙倒众人推，既倒不怕推。日后垒铜墙，欢迎大家推。” "When the wall is falling down, everyone is aware of a stampede. Don't worry, in future we will build a copper wall and we welcome everyone to push it down again." ~ ex-CEO of CAO, Chen Jiulin Sino Grandness: In 0.373 out 0.43 ~ Only one round of the game, no positions long or short now.  sptl123, When your house is flooded, naturally you will climb up to the roof top, i.e. re-draw the Fibonacci retracement at higher price level and run for your life! Sino Grandness ~ Bull Trap, the bearish Gartley pattern is negatedSino Grandness closed with a spinning top @ S$0.38 (-0.01, -2.6%) with 3.56m shares done on 3 Jun 2015. Immediate support @ S$0.35, immediate resistance @ S$0.405.  
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Post by sptl123 on Jun 4, 2015 7:50:11 GMT 7
sptl123, S-Chip ~ Always a good trading stock for punting only, never go for longterm or put it the same as...gf always good to have for a temporary ego boost only; wife is good for longterm companionship. 陈九霖：“墙倒众人推，既倒不怕推。日后垒铜墙，欢迎大家推。” "When the wall is falling down, everyone is aware of a stampede. Don't worry, in future we will build a copper wall and we welcome everyone to push it down again." ~ ex-CEO of CAO, Chen Jiulin Sino Grandness: In 0.373 out 0.43 ~ Only one round of the game, no positions long or short now. |
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Post by zuolun on Jun 6, 2015 4:42:53 GMT 7
Hi Sifu zuolunAccording to your chart, SembCorp has a Bearish Gartley Bat pattern. Most of the time, this would mean a continuation of downtrend. Would positive news and change in fundamental negate the pattern in this case? thank you. Yes, the latest news (+ve or -ve) and especially a major fundamental change in the stock will negate the entire chart pattern. Two good examples are: SMRT and OLAM.First time I am seeing such a letter from SGX. As for Yuuzoo, I am still struggling trying to understand its business or business model... , Yuuzoo released the report on the SGXNet means everyone, especially the retail players, could read it at the same time with others; no priority given to selected groups of players. In Singapore, 3rd party research reports or brokers' initiated bullish news usually have a temporary +ve impact on the share price of all SGX-listed companies. It's a matter of who gets to read the report, first.  Sarin Tech: Maybank Kim Eng kept at ‘buy' TP S$3.07 ~ 5 Jun 2015 Sarin Tech ~ Bollinger Bands SqueezeSarin Tech closed with a long white marubozu @ S$2.16 (+0.165, +8.3%) with volume done at 430,000 shares on 5 Jun 2015. Immediate support @ S$2.08, immediate resistance @ S$2.22.   |
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Post by zuolun on Jun 10, 2015 7:27:04 GMT 7
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Post by zuolun on Jun 11, 2015 12:31:06 GMT 7
"The 36 strategies of the Chinese for financial trader" (金融交易员的三十六计)"Reading the order line information, understanding the behavior of market makers and integrating news events into price activity."Example: Ezion ~ 他说上涨机率有70%，但他却选择放空？ 看懂了，你就不会再问别人看涨看跌。"Do not follow the ideas of others, but learn to listen to the voice within yourself. Your body and mind will become clear and you will realize the unity of all things." - Dogen Zenji (道元禅師) Japanese Buddhist monk and philosopher 1200-1253.  An analysis on stock analysts' price targets on Ezion from 15 Jan to 22 May 2015:- Almost all the in-house stock analysts rated 'BUY' none rated 'SELL' except KGI Fraser, the only odd one who rated 'HOLD' TP S$1.12 on 31 Mar 2015 then.
- On 10 Jun 2015, Ezion closed @ S$1.03, stock analysts' price targets on Ezion are unanimously wrong to date.
“The crowd always loses because the crowd is always wrong. It is wrong because it behaves normally.” ~ Fred C. Kelly 
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Post by zuolun on Jun 23, 2015 14:33:56 GMT 7
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