MrGala

MrGala | Joined since 2013-06-16

Investing Experience Beginner
Risk Profile Low

I'm a trader. I apply swing trading methodology and chart patterns reading. Working hard to eliminate mental anguish in trading. Philosophy: Trade when you are riding a bull, invest when struggling with bear.

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Stock
Stock

2014-04-17 15:33 | Report Abuse

anyone understand about this company background? mind sharing? thanks!

News & Blogs

2014-04-16 21:45 | Report Abuse

500plus, wait patiently for a major market correction, doubt if they wont survive an economy downturn, given that their biz related to consumer staples!

General

2014-04-16 13:41 | Report Abuse

Thanks matrixcool, I learnt a lot from your experience.
I bet that you must have made a great comeback.

Have to agree that technical indicators can distract us from the main focus on the chart, that is the price action and vol.
Each stocks reacts differently, so applying a general method wont work all the time. What I think traders can do is to lose small, win big.

Looking forward for TAFA or FATA mix. =D

General

2014-04-16 10:07 | Report Abuse

The 200ma I referred to are the ma(s) of respective time frame charts, for example, 200ma of hourly chart is average of most recent 200 hours closing.

I think you are right with 1.40/1.32, 1.40 was the previous high on hourly chart, cause now it's trading near its 200ma of hourly chart, doubt if it will dive really deep below if short term uptrend still intact, anyway i might be wrong as im still picking up knowledge.

General

2014-04-15 23:03 | Report Abuse

matrixcool, the 200ma on hourly chart can't be used for stock screening purposes, but what I do is if I found an interesting counter(which I consider of buying, mostly pullbacks), I will watch it's live hourly chart and wait for rebound from the 200ma or breakout to above the 200ma, but sometimes both can rally up and fail again.

I noticed that some stocks that breakout with great price action share some characteristic like breaking out from below the 200ma on either hourly or 15 min charts.

Like hevea, today and yesterday, the price rebounded weakly from and thus lingering around the hourly 200ma. Plus it haven't broken the downtrend line on hourly chart yet.

Thats how I use hourly chart lah, but sometimes still can end up in a bad trade lol.

General

2014-04-15 20:20 | Report Abuse

matrixcool, do you think maica looks attractive now?

Stock

2014-04-15 19:37 | Report Abuse

fake movement or genuine?

Stock

2014-04-15 15:54 | Report Abuse

Hahaha I can't bear with paper loss, duno to hold or to look for alternative entry

General

2014-04-14 16:36 | Report Abuse

Using UOB KH currently, the platform gives me access to chartnexus. Maybe because 200ma separates bull and bear region. So breakout or rebound may be expected, just my 2 cents...

General

2014-04-14 15:41 | Report Abuse

Matrixcool, do you consult hourly charts? And if so, do you apply 200ma on hourly charts? Not sure if it really help much, but you might be surprise sometimes to see the price action near this ma. =D

General

2014-04-14 12:27 | Report Abuse

50% Fibonacci retracement level, from 1.50 to 1.18, do you consider stochastic in pin-pointing possible reversal?

General

2014-04-14 11:36 | Report Abuse

matrixcool, Hevea retest 50% level, looks attractive?

Stock

2014-04-11 19:06 | Report Abuse

nice hammer, around 61.8% somemore

Stock

2014-04-11 16:54 | Report Abuse

4u2c, any time frame for your tp to hit?

Stock

2014-04-11 16:25 | Report Abuse

Pika Pika, same view here! =D noticed the pattern

Stock

2014-04-10 10:01 | Report Abuse

today will form gasing berputar or honey star?

Stock

2014-04-09 23:20 | Report Abuse

Johnny Cash, did u notice something funny with the date for today's retail market monitor?

Stock

2014-04-09 12:03 | Report Abuse

and unpopular somemore!

Stock

2014-04-09 10:00 | Report Abuse

palm oil, anyone? =D

Stock

2014-04-08 20:43 | Report Abuse

yeah xD

Stock

2014-04-08 16:25 | Report Abuse

jsjy123, you bought after 10 feb?

Stock

2014-04-08 14:00 | Report Abuse

(y) thumbs up!
Hi Christine =D

Stock

2014-04-08 12:36 | Report Abuse

so can I view it as the queue could possibly set as a road block so that 'they' can collect more first?

General

2014-04-08 11:22 | Report Abuse

Matrixcool, do you think hevea's chart looks attractive now?

Stock

2014-04-08 11:18 | Report Abuse

I think we can see this point from the buying queue, Pika (chu xD)

Stock

2014-04-08 10:03 | Report Abuse

Pika Pika, did u meant the gap between April fool and 2nd of April?

Stock

2014-04-08 09:21 | Report Abuse

buy buy buy if it form a hammer with long tail today!

Stock

2014-04-07 21:53 | Report Abuse

so that he can collect, hehehehe

General

2014-04-04 23:52 | Report Abuse

Matrixcool, do you apply swing trading?

News & Blogs

2014-04-04 23:28 | Report Abuse

if it happens,like bjoy said, then first thing will come into my mind is milo. Haha, lol.

Stock

2014-04-04 14:07 | Report Abuse

arv18, any rationale behind it?

Stock

2014-04-04 12:45 | Report Abuse

then why 'trading-buy' instead of 'buy'? If it is really a long term, then I'm really have been fooled, some more on 1st of april. lololololololol

Stock

2014-04-04 12:19 | Report Abuse

now look at today and yesterday candlesticks can consider them as harami or not?

Stock

2014-04-04 10:41 | Report Abuse

im wondering if kenanga issued an april-fool trading buy call, hahahaha

News & Blogs

2014-04-03 21:01 | Report Abuse

Uncle Koon, whats your view on TSH? TQVM!

News & Blogs

2014-04-02 20:45 | Report Abuse

Any further explanation for 6), why people will start to default their loans after number 5)?

Stock

2014-04-02 01:21 | Report Abuse

Ayam Tua, why no look at scgm?

Stock

2014-03-31 22:39 | Report Abuse

Issit the begining of uptrend? sorry for asking, still on the beginning of learning curve. thx

Stock

2014-03-31 09:45 | Report Abuse

just a lame joke, i saw cup and handle with this counter's price chart (really), seems like related to it's business with cups

Stock

2014-03-29 00:07 | Report Abuse

Ayam Tua also here? I think Im seeing cup with handle in this counter extending from nov, and handle is forming now, can anyone confirm me or correct me?

Stock

2014-03-26 23:43 | Report Abuse

bila baru want to breakout?

Stock

2014-03-26 19:37 | Report Abuse

i see menang's silhouette in this counter

Stock

2014-03-24 12:01 | Report Abuse

Sorry ah, tumpang tanya, Mr OTB, what is your view on mphbcap and lbs chart?

Stock

2014-03-21 13:00 | Report Abuse

I have been trying to look for figures regarding to their young palm oil tree land area and age, any idea where i can find these info? Thx!

Stock

2014-03-21 10:16 | Report Abuse

if it ever drop to 1.3 - 1.32 is it a good price to collect?

Stock

2014-03-20 22:29 | Report Abuse

It could form side trap if it reverses tomorrow! (I might be wrong) Is there anyone who knows charting agree with me?

and miketyu, I saw something similar with ntpm (had been monitoring this counter more than a month), previously there had been 400k selling queue at 0.84 until it was removed yesterday.

Stock

2014-03-17 18:57 | Report Abuse

time to pick up the fallen coconut?

Stock

2014-03-16 20:37 | Report Abuse

fortunebullz, any rational behind of 'until April 2015'? Thx if willing to share =)

Stock

2014-03-14 17:19 | Report Abuse

uob kh rite? i saw it this morning.