Watch out for 3.52 , the previous high....

Focus is the key word ,trade ONE that u love/confident most , then u will know all this while ur hard work will be paid off....

Yes , in trading , it is almost impossible for us to pick at the bottom .But if ur r good in TA , ur entry wont be too far from the bottom. I realise my mistakes ,too confident ....But by applying ur backup plan ,hope that it will be better. Let see how my following trades fare.......I still feel that if ones want to survive long in trading world , beside FA ,he ve to improve on entry and exit setup

The reason is they might be plenty of silence readers out there that chasing , no doubt we wont be affected , but how about them ,those contra players, no TA background ,inexperience/young traders...

I seldom post my trading in this public forum ,i do the postmortem ,and my entry price, the gap up, marked up ,ding- dong ,the drop, its volume... Oh ....what went wrong, this was the deadly trap ( they r in the dark). I wonder how many being trapped by Wednesday movement , the game will continue , but how , they decide , we follow but defensive trade, how, trading suggested by qqq668 worth consider ,if still believe/confident in the stock , buy in stages when the entry price emerge , stay focus.

伟汉 ,u r very fast and furious,dont review too much ur strategy, i suspect the sharks r watching us.

Expect to retest its recent bottom.... hopefully forming double bottom or higher low or W signage formation for reversal.Nothing is certain in trading , the most we can do is ,minimize our risk . I still observe the entry signal.We ve to take care the chart reading skill , the money will be take care by itself.

When the time come, the chart will give signal

http://bursadailytradestatistics.blogspot.com/2013/06/562013.html.
Trading plan is very important , we need to follow what we plan before the trade, stick to it . market never wrong , opinion yes .Just be disciplined .We wont be able to fight the current , we sail along it.

During my last posting , i warned those buying into the shares after The ex , but now everything is over , the game just started , let watch how the pro do the killing. I dont trade the stock , but it movement really amuse me

For those holding the right issue, already durian runtuh , yes i believe those with holding power ( now and onward) will enjoy more durian later on, the recovery is on but not smooth for sure

I still think there is a possible shake out process going on ,usually happen at initial stage of the uptrend stock , distribution happen when the uptrend stock reaches certain higher level , high volume with small spread .Looking at the EOD , most transactions involve retailers , the pro still very much on the sideline, interesting to watch their next move

A possible testing the bottom is underway ,look out for double bottom or W , a sign of bullish bottom reversal,anyway ,nothing is certain yet...

The 2nd ultra high volume today with shooting star is an important signal , still need tomorrow for confirmation . With today closing , it ve already gained 40 sen within 3 days , tomorrow T + 3 for those who were buying on last friday. I took some profit and will keep the remaining for observation.

Selva345, give me ur email

Ok, I have already summit ur email for the Admin to add u, watch out for the TA group.

Ok, give me ur facebook name, i will send u.

伟汉 and qqq668 , u both r very analytical ,very systematic and with fact , have u both join the TA facebook that i mention.....I am only small fries compare to the sifus and experience members there , hope to see u two there .

伟汉 , thanks anyway, yes , if possible , why not. I prefer to stay focus , just stay focus, trade only with the share that ur most familiar , the compounded gains will be marvelous. So far , i am holding two stocks only , one for long term ALLIANZ and MHB for trading purpose , let see how far it can go.

Monday candle is the confirmation of STOPPING VOLUME . http://sgwyckoffvsa.blogspot.sg/p/bottom-reversal.html

Yes, true looking at price volume action today , it is very much in play , just hold tight , i already position myself , will change from tf 60 to daily tf.Good day ahead, stock to WATCH.

For illustration purpose, i choose a highly speculative stock LUSTER ( I dont trade the stock). Looking at chart its entry level should be 12 cents , till now the formation of hl and hh still there , my trailing stop will be 20 sen .I might be wrong , but so far it still hold , pls check, hope everybody learn and practise. One of weakness i encounter was the chart makers that capable of shake out the TA traders , so be careful.

My trading system is very simple, just look at shorter tf30 and tf60 ,do observe for lower low/lower high for down trend stock and higher low and higher high for uptrend stock. U need to practice to master it . I dont use indicators as i assume volume and price action will cover it.Sorry that I wont be able to post the chart here .From my interpretation,it must close above 3.34 convincing before any solid confirmation of trend reversal. But be careful of chart makers, they r very good at cheating those TA retailers. Enter only when u r sure .

I am sharing an experience about GENM , pls compare the chart with MHB . ON 22/3/2013 ,the share was hammered down and achieved the highest volume , 300 millions unit traded ,at the time, rumours was circulating that it will down further , but it reversed and rallied after that. So, now the same scenario happened in MHB ,ask urself , is MHB a good or lousy company ?, who was dumping ? why ? Who was the one so daring to acquire so much shares, Is the price worth ? Think about it and u will realise.....

Good discussion my friends, this is the type of discussion that i am looking for , everyone seem to contribute a good idea here, keep it up . I have learn a good lesson here , if we want to survive in trading share business , we got to stay focus ,trade only the share that we are familiar , ve the money management, trading plan.The idea shared by qqq668 is worth considered , choose the stock , make ur entry and follow ur backup plan if the trade go against u .

All this while, i notice that it not easy to trade, all shares r under a group of professional charters , manipulators,makers and strategist . The only way i think to beat those guys is stock selection, buy low when there is a bargain , it will take some months for them to set the trap ,creating fear and then once they change the trend , u will not believe it and then u will keep cursing urself. I will hold these stock as long as possible as i think that those Mat Salleh r not paying cheap, they will deliver it sooner or later, watch out.

Friday closing wide spread with ultra high volume , a possible stopping volume, need another candle to confirm .

My 60 mins chart still didnt detect any entry signal yet , will enter once the entry setup is there. Just be patience

Trading using chart reading has never been easy, there r SM out there who r good at chart makers , they will use greed and fear factor just to swallow small timer like us, so the best way to counter them is to BUY when MR. Market cheap sales, so now is my friends , would u buy at bargain or when the stock at ceiling price, make ur choice

Latest shareholdings on April 9th showed that MISC owned about 66.50% , the largest shareholding comprised of 94.8% , retailers only owned 5.2% , given another week or two , I thinks most ff should sell off their shareholdings. What I suspect is there must be something ON BIG that we dont know, imagine MHB is not lousy stock, I personally think that it is part of their strategy to force foreign disposal so that the big owner will control it.

Dont get me wrong, when the MMCCorp was removed from 30 klci index on 1st august 2012, it fell severely but recovered strongly after that. just hold tightly for the rebound and the reward after that, Pls check the chart for MMC

Yes ,agree with Airo , just hold it . The same thing that occurred in MMC will repeat in MHB, just be patience, the reward will be there.

Today ultra high volume, a possible stopping volume occur, a sign of impending reversal on the way. http://sgwyckoffvsa.blogspot.com/p/bottom-reversal.html

My advice, stay out from this stock until the listing of New shares, remember that those subscribed the right issues with underlying cost 26 sen to 33 sen only .Just be patience

Just to remind, the right issues still not listed yet , prices ranging from 26 sen to 33 sen only , wait for the day

I still remembered how the stock behaved in 2010 , what i try to say is once have to be extra careful before the listing of its right issue, if ur going to buy for long term , wait until the listing date.

My view on Mas, still avoid. The uncertainty still there, those subscribed the right issue will be looking forward to dump it during its listing date, imagine their cost price from 26 sen to 33 sen only. Do ur calculation ....

1+ 1= 2 but sometimes it wont, Chung one day before mas ex is 0.69 cent. + (0.23 x 4=0.92 cents)
0.69+0.92=1.61/ 5 units. total for one unit after right issue is 0.32 cent today closed at 0.375 already gain 0.0.55 cent each lots .Just remember the number of scripts for new shares, hope u will think carefully.My standing , dont touch it before the listing of new shares

Today dump i suspect is to obtain the capital for its right issues which is much more cheaper

Today is an important day for Mas to perform ,if not , i will interprate as attempting of Khazanah to force sell their right issue for people to subscribe, imagine the OR price ranging from 3 sen to 10 sen only, so the new mas price will only cost them 26 sen to 33 sen , much-much cheaper than the mother, anyway , is better to stay away from this counter as the number of new scripts will be four times not to mention it lower pricing.

Mas new share costs only 10 + 23 = 33 sen and 4 times the number of old shares , so plan ur trade carefully.

Today, Mas OR end trading , if history repeated, the price going to goreng upward but will be capped, beware of right issue list day, the price will be hammer down again.

GKH was disposing his stakes all this while, there must be something that we dont know, anyway today volume spike and small gainreally create some doubt ????

Let the dust settle first, cant see clearly, need time to swallow, stay at the side line for good view.

Weekly shows a reversal, prefer bit by bit gain, healthy uptrend....

2/4/2013 another share buy back 1900,000. Just to share.. First, let's look at how a stock-repurchase plan works and why a company may choose to buy back its shares.

If a company's board of directors decides that it wants to repurchase some of the company's stock, it authorizes a maximum dollar amount of shares to be repurchased.

Just because a buyback program is authorized, it doesn't mean that the company must repurchase the shares.

Just like any investor, the company will buy shares when the price is right.

After the company purchases its stock, the shares are then held as what's known as treasury stock.

By repurchasing stock, the company essentially reduces the number of shares outstanding.

Companies may choose to repurchase their stock for several reasons. One reason is that buying back some of the shares will boost the company's earnings per share.

When fewer shares are outstanding, earnings per share will rise because there are a smaller number of shares over which to distribute the earnings (profits).

A stock-repurchase plan can also signal that a company has excess cash available.

When a company chooses to use its excess cash to repurchase shares of its own stock, it may be because the company may think the shares are selling below a level that they're actually worth.

This sends a signal to investors that the company thinks its own stock is the best investment it could make. When the company buys back its own stock, it forgoes investing in other securities or making additional capital investments.

A stock-repurchase program also can be implemented to acquire shares for management and employee incentive plans, including stock options and stock-purchase plans, or for employer contributions to a 401(k) or other qualified retirement plan.

Many businesses that are expanding do so through mergers and acquisitions. Companies initiate stock-repurchase plans to build currency for acquisitions.

A company would increase its amount of treasury stock so that it could use those shares to acquire another company. For this reason, a stock-repurchase program could be considered a sign of growth.

A company announces stock-repurchase programs for a variety of reasons, such as funding employee retirement or to increase earnings per share. It is important as an investor to be aware of reasons for a repurchase announcement so that you can be prepared for how it might affect your investment.

Generally, company stock-repurchase plans are good news for investors in companies repurchasing their stock.

Stock repurchases can be a sign that a company is financially healthy. Thus a buyback program also often results in an increase in the price of the stock.

However, to maintain that increased price level, a company's financial results must live up to the expectations that the repurchase announcement seems to signal.

You should continue to monitor the company's performance through your financial consultant to ensure that it continues to meet your expectations.

Trade GENM/Genting shares better, buy at support and sell at resistance, opportunity given 4-5 times per year , earn back all those money "invest" in casino

A lot of my colleagues quit now, better stop now than regret later. I myself refrain from genting 3 months already.

Yes, wait till the election

I also quit genting, too difficult to win, win 300 ,400 ,lost 1000....