2018-05-03 16:15 | Report Abuse
i like this logic from azmi sharom .. he said if PH wins :-
1) rakyat will have a new govt with less experience in corruption and scandals
2) rakyat will have a strong and rich opposition with 50 years' experience in corruption and scandals .. with such vast experience, they can easily expose those who corrupt in the new govt
as pavillion said, we shud not be dumb and vote for the same corrupted and scandalous govt to rule our beloved country ... we have to make a change ! we must make a change !
2018-04-27 14:16 | Report Abuse
asakura .. peace !! u have as much right as everyone else in this kopitiam to hang out here .. at times, i only check in once a day .. certainly not leaving this house becuz of a trivial matter !
2018-04-26 15:57 | Report Abuse
lol rchi ... me ? oh talking to a dude who loves abalone !! i didn't know abalone has another meaning till someone told me ... anyways, not wanting to talk about this further cuz it's such a badly executed joke; not worthy of a minute spent :)
Posted by rchi > Apr 26, 2018 10:16 AM | Report Abuse
connie,u talking to who?
2018-04-26 08:50 | Report Abuse
oh now I know what u were insinuating … really ? this is a very bad-taste joke !! ok why not this way ? why don't u sell your booty and I give u a few justifiable reasons :-
1) u can start your organic diet from the sale proceeds and not having to envy a dog
2) u probably can plan your own 'trade' in terms of who the client is, your target price and cut the deal if the offer price is too low (instead of just being a follower)
3) u will have more money to average down in case there are more badly executed trades
4) the act of shaking booty is much easier to master than charting
so, what do u think ? worthy of your consideration ?
last but not least; have a bootylicious day ! LOL
2018-04-25 17:35 | Report Abuse
lol how come i am selling abalone ? maybe pretty's mum is selling abalone noodle ? :)
2018-04-25 16:08 | Report Abuse
wahhhh all aiming for lobster dinner from superman eh ?? :)
2018-04-25 16:07 | Report Abuse
all comments written on the charts ... heads-up, important is to get above 15min 50MA first before we aim for 1H 20MA counter-trend rally target ... first of all, we MUST see 5min 20MA & 50MA bullish crossing and rising and price to stay above these 2 MAs ... if there is no positive progress on 5min to start with, then forget the rests !
Posted by huatzaiah > Apr 25, 2018 12:35 PM | Report Abuse
connie, might as well analyse based on KLCI graph ? thanks yoo
2018-04-20 16:49 | Report Abuse
have a great weekend rchi !!
2018-04-20 16:45 | Report Abuse
ya rchi .. won't be surprised they play again soon !! after all this is an uptrending counter .. the apology really works eh ? :)
2018-04-20 16:39 | Report Abuse
vol and price spike on 19/4 10.05am !
2018-04-20 16:38 | Report Abuse
rchi dear ... supermx 5min there was a vol spike on 19/4 10.05 but price dipped .. this means sharks attracted retailers at high price and then start distribute / throw to those who q at lower price ?? now still in distribution stage on this 5min cycle ? in any case, will monitor the 1H for bullish continuation pattern cuz they may still want to play if the glove theme is on ! thanks rchi
2018-04-20 16:33 | Report Abuse
hmmm jamie .. i remember cap tm mentioned before that FF can always be EPF (overseas office) ... i think so if not wrong !
2018-04-20 16:31 | Report Abuse
rchi .. lately what u huat ??? don't want to read ahjib's mind .. want to read rchi's mind :)
2018-04-20 16:30 | Report Abuse
i think rchi is right ... klci may bounce up again one last time for 1900 :) let's see how the closing candle fares ..
hawk, the 1H uptrend is still intact ?? more so if price can go back up above 20MA ??
2018-04-19 15:46 | Report Abuse
awww allwin .. will miss your 'huat arr' greeting !! hey, don't hibernate too long ... come back soonest and share your new pick k ?
Posted by AllWin > Apr 18, 2018 11:21 AM | Report Abuse
Huat arr everyone !! Drop by to say sayonara and wish all day day profitable. I have sold all my shares. Adios Connie, rchi, duit, pretty and many mores.
2018-04-17 16:14 | Report Abuse
completion of an intra-day cycle does not mean price will crash like no tomorrow (remember the higher time frame support and resistance still hold) ... operators may start a new cycle all over again when price has reached a level whereby bulls and bears fight again; ie at this point they will accumulate again .. then mark-up .. then distribute .. finally mark-down !! we just need to be careful when we chase price esp when it's already at distribution stage yes ?? our stop will surely be hit when they mark-down
** good case study - HENGYUAN (remember the huge vol spike at 9.6 and price cud not go further ??? high selling pressure from operator ??? ... during the distribution stage .. up with small lots then down with big lots etc etc)
2018-04-17 15:34 | Report Abuse
"I screen potential charts based on daily prices, watch 15min or 30 min charts to filter the noise and use 5 min charts to ride the trade... You do this because you want to decipher what a block of volume was doing in shorter intervals than to simply see a long candle with high volume spike.."
"If you guys have access to the intraday charts, spread the intervals over a one or two week period, look at the 15 and 30 min charts, then 5 min to check on the wave within the individual bar volume spikes, you can clearly see that volume has been high on downtrend while recovery volume is weak and is an obvious trap..."
2018-04-17 15:14 | Report Abuse
hmmm ever since ayoyo highlighted about the operators' game on intra-day charts, it's so true !! no wonder it's not easy to play bursa ... their game cannot be seen on daily chart .. but they can't really hide their price & vol action on intra-day charts ! we need to know the operator analysis (conventional TA does have limitation !!)
2018-04-17 15:09 | Report Abuse
lol asa / huatzaiah :) he didn't choose me .. i chose him ! so gotta give him the BESTED care just so i can have more years with him
2018-04-17 14:48 | Report Abuse
hehehe rchi .. no more toy cuz i need to give him a supplement that costs me about RM100 per month due to a genetic condition (paetella luxation) .. this is in addition to his daily organic diet and frequent grooming :) very high maintenance doggie !
Posted by rchi > Apr 17, 2018 11:58 AM | Report Abuse
connie dun miss bursa c14,earn some to buy toy for poddle pet
2018-04-17 14:40 | Report Abuse
u are right rchi ... in terms of experience, he can't beat u :) good start though cuz he has his own strategy (the unconventional as he puts it) .. trades with a plan etc etc
2018-04-17 11:54 | Report Abuse
not bad .. he explained in details checklist to trade cw !!
2018-04-17 11:45 | Report Abuse
pro business writer .. no wonder write so well :)
2018-04-17 11:44 | Report Abuse
rchi .. u have a competitor based in hong kong :) warrant expert eh ? he is just like ayoyo; mainly look at price and volume !
Brief background on the author : I'm an experienced finance journalist and professional business writer who started out as a stockbroker. I've been trading for about five years with my own funds with some success, though admittedly not yet enough to venture into this full time. My core specialty is in call warrants and identifying market signals that are unique to Bursa Malaysia.
2018-04-12 21:53 | Report Abuse
thanks rchi .. wow 1.0 for wa !! yum yum :)
2018-04-12 21:52 | Report Abuse
hkck ... this is 1H chart of fgv :-
1) yellow box - see how price pulled back and then traded sideways towards 20MA forming a pennant (bullish continuation pattern) .. then price broke out of the pennant to continue the upward journey
2) so, we want to see similar pattern to form now on the 1H chart (with low vol) ... and we want that blue box to act as support zone since price has broken above this congested zone to remain bullish bias
3) u may want to check during the yellow-box time, was CPO bullish ? then also check how CPO is doing now ? or perhaps GE14 will send her to new height ?
4) always have that downtrendline on the chart cuz this is the big hindrance
2018-04-12 16:50 | Report Abuse
bye rchi dear :) always have a winner in hand !! PROest :)
2018-04-12 16:40 | Report Abuse
sorry .. shud be RED horizontal line :)
2018-04-12 16:39 | Report Abuse
hi hkck ... fgv is still trading in a range !! if we look at the daily chart, there is a downtrendline that seems to be resisting .. also look to the left there are a lot of supply to be absorbed .. this is probably the reason for price to dip and consolidate now .. if the green horizontal line can act as support (also coincide with 200MA), price may bounce from here and break that downtrendline
p/s - will take a look at her intra-day charts soonest !
2018-04-12 16:26 | Report Abuse
it is so true those who believe in operator analysis that we can't be deceived by high volume breakout at times !!
2018-04-12 16:24 | Report Abuse
when market is volatile ie no longer the nice n smooth uptrend with healthy pullback along the way, is it better to day-trade ? or at most hold 1 or 2 days depending on how the short-term chart progresses ?
have the big boys fully distributed all their HRC shares based on the volume spike seen this morning ? at least they have fully played out this 5-min cycle ? price will be marked down till an equilibrium be found and then start the 4 cycles all over again ?
2018-04-12 11:09 | Report Abuse
noted with thanks rchi .. will see how the retracement goes !! most of the downtrend counters have rallied to resistance level as well .. also other indices like fbm70 / fbmace / fbmscap / fbmemas etc etc
2018-04-12 10:58 | Report Abuse
morning rchi .. as klci is approaching resistance, is it better to lay low first ?
2018-04-12 08:57 | Report Abuse
buy low sell high is a 'buy-on-dip' strategy .. firstly the uptrend must be established .. then wait to buy on dip instead of chasing price .. we want to see a bullish continuation pattern (classic TA - flag / pennant / triangle / consolidation box) establishing during a retracement .. as the pattern unveils, we want to see price retracing or consolidating with low volume .. we enter either with bullish candlestick pattern at support level or fibonacci retracement ratio or oversold condition or a combination of these few factors .. finally, sell when volume is high cuz this is when the operators are unloading !!! i guess this is what it means ???
but for breakout strategy .. buy high sell higher - we gotta buy when the breakout is accompanied by high volume (but not too high cuz we still want operators to mark-up higher after the breakout to distribute with frenzy volume) !
2018-04-09 16:54 | Report Abuse
sharks also follow our rchi dearest eh ?? they want to ride to 4.8 with ya ? :) bye rchi
2018-04-09 16:40 | Report Abuse
if HRC rallies now with low volume and resisted by the box area, then be careful !!
2018-04-09 16:39 | Report Abuse
asa .. perhaps u go to weekly then it's clearer where u shud start to plot !
but always happy for you nonetheless :)
rchi .. not free lately !! my doggie has got some problems .. in out in out the vets :(
2018-04-09 16:17 | Report Abuse
is it MARK-DOWN stage on HRC 5min chart ?? complete this short-term cycle and then we see what's next ?? :) let's see how low they want to mark-down ... possibly at break-out level ??
2018-04-09 16:10 | Report Abuse
rchi .. congrats on pmetal !
the_reds .. technically, pmetal has a few catalysts from higher time frame chart to stage a rebound .. grossly oversold (as rchi said), fibo golden ratio dip at 0.618 .. horizontal price support (congested area) !! not sure about the alu price rebound though !!
Apr 1, 2018 02:18 PM | Report Abuse
rchi .. thanks for the heads-up !! didn't notice pmetal has fallen to her 200d MA lately .. at times price can also drop below 200d MA and then rebounds strongly (like VS) ... if price can dip to the congested area (blue box) at golden ratio 0.618, then these wud be ideal catalysts to look for counter-trend trade :) .. in any case, will definitely drill down to the lower timeframes now to monitor for opportunity cuz she may just as well bounce up from the 200d MA !
2018-04-06 17:20 | Report Abuse
Happy weekend gem ..
rch dear, have a great weekend and good rest !
2018-04-06 17:03 | Report Abuse
izack ... rchi's skill very hard to learn !! i have known him so long still not able to acquire 1% :(
2018-04-06 17:01 | Report Abuse
KLCI technically the 1H chart is still in downtrend mode .. until price breaks above 1H 50MA, we must still be cautious playing stocks for rebound i guess ??
2018-04-06 16:54 | Report Abuse
anything is possible with mr kyy in hy :) let's see if he gives chance to play technically from now onwards ...
2018-04-06 16:50 | Report Abuse
gem .. i am not sure :) cuz last time rchi said parlimen dissolution then foreigners don't like uncertainty and so will sell down ... but looks like stable this time ???
2018-04-06 16:33 | Report Abuse
eh parlimen dissolution ... our klci still waltzing :) foreigners not leaving us this time cuz trade war between china and us .. so better put money here ??? like this ah ??
2018-04-06 16:29 | Report Abuse
adrian .. wait patiently for price to dip nearer to the support level .. better still touching ... if touching daily 200MA, then be aggressive and enter when price goes back above 5min 50MA ... set tight stop below daily 200MA !!
2018-04-06 16:14 | Report Abuse
the V-power of rchi :)
Blog: I had voted oppositions in my past 4 GE, why am I going to vote against them this time?
2018-05-08 17:05 | Report Abuse
PAKATAN it is :)
PH - Pakatan Here-I-Come
BN - Barisan No-more