duitKWSPkita ,

That is FX asia Conference..... will involve as Panel discussion moderator and presenting the online trading tech for the Academy.....

Happy trading

connie ,..
Posted by connie > Aug 15, 2014 11:59 AM | Report Abuse

oohhhhhhhh seph changed his pic again .... very macho-ish :)

connie ,

sep = his ????

connie ,

No lah , on EW, that is only my views.... , EW is still can be used as a guide on Bursa stocks,
I said so because Most Bursa stocks are highly manipulated and controlled by "Goreng" teams.........

.. so we must combine some FA info for our stock picks instead of just basing on Charts .......... But that is only my personal opinion.....

So for example I will not touch permaju, etitech, mnc, vis......etc etc etc......... not even for day trading at all...... hope I am not offending anyone in this forum.....

Happy trading

duitKWSPkita ,

Abang cakap betul juga....

Happy trading

duitKWSPkita ,

haha, Abang, i cannot ask, but to answer questions instead... hihi

Happy trading

connie ,

Yes, Frontkln is both my Day-trading baby and investment G/F .. I am still holding them, it is now consolidating near 0.1850...... Its Bullishness is still intact.

connie ,

i may include some wave count on certain ctr if it is worthwhile / deserved my counting lor....., but not many ctr can pass my requirements, as most of them No Need Counting lah.....

connie,

Good day to you lor, my First..... haha... Huat huat today kah ??

duitKWSPkita ,

surely, Abang DUIT we will arrange a drinking session near term, I am going to Singapore this afternoon for a Technical /Economic seminar tomorrow..

tsy88 ,

I am not competing with TCB who are good analysts.

My trading style is different, either they are being Day-traded Or be my Long term investments which are classified as my Investment- graded babies.

So my approach to Chart studies is different from others, For day-traded
stocks, i base on wave movements(UP or Down), and mass sentiments , with short time framed EW, and other Technical Indicators. I will post here regularly how to exploit All the best technical tools to enable efficient and profitable day trading and my stock pick criteria.

Happy trading

tsy88 ,

I will reply your requests tonight, sorry for the late response

CSL is now looking at 0.150000, 0.200000 lor....

duitKWSPkita ,

ok, sure lah, ... ...

Today PDZ, EAH Mui ada untung sikit mah...... donate sikit next week again lor........

Good Night lor

duitKWSPkita

Thanks for your info lor,,,,,, I may go for some drinks myself lah....... may be can find some flowers somewhere... oooh..........

capt tm ,
Your comment on my posting on the S&P 500 is greatly appreciated lor ,.....

connie is now dreaming kah ??? i now miss her sikit lor....

Christine Goh ,
24 hours trading is no joke lor...... must be "huat huat" lor......

Christine Goh ,

wow, belum tidor kah ?? still trading yah... ??

Christine Goh ,

Aiyooooo, you pls don't talk like Abang Duit lor......

US S&P 500 Futures..... A golden opportunities for traders once of a life time ????

From my chart you can see that we are only couple of months away from forming truly forming a generational "TOP" that really is unlikely to be retested for more than generation. In fact we might spend another 15 years or so cascading down before forming a lasting low at a level likely below 2009 low.

So the wind will change may be by Early Sept to late October with SP500 hitting 2000 zone and could spike into 2030 area.

Could the end of Tapering and prospect of rising interest rate be the catalyst? I wonder.

Likewise could Gold bottom by then?

Well for the trader this could be an opportunity of a life time.

As always, this is my interpretation of the price action. Be sure to do your own analysis before planning a trade.

http://gyazo.com/b9d28d76deecda03c155b48d895b2b8f EW Chart for S&P 500

WISHING YOU ALL THE BEST

yangmasri . On HANDAL

TA, this stock has a false bullish breakout over the last 5-6 trading days with RM 0.550 being the structural Resistance. Its trading volume is rather low till recent days. It has been hoovering near 0.480 on the average. Near term drastic movements is not expected unless RM 0.550 Resistance is being taken out convincingly with Volume. Its support is 0.4200.

FA: PE is near 25 , basing on RM 0.500 and EPS of RM0.02. Its Growth is rather weak at mere 5% over the last 3-4 years' operation, with 18 millions only as accumulated earnings(as at end 2013) vs the Share holder's fund near 80 million. NTA is near RM 0.600 .

I will not recommend any Buy or Sell Call on this stock Handal, I suggest you revalue it yourself prior to making any decision for longer term investment..

Of course I will day-trade it if any opportunity arises there off ...

Are you shorting the Euros ? How does the EU economy perform near term ?

New dynamics are now entering the fray. Prior to this week, Capital Markets were beginning to buy into the next potential rate hike happening as early as Q4 from the BoE. A day and a couple of reports later, the market is focusing on the need for further stimulus to come from the ECB and BoJ. Sustainable volatility requires rate divergence and that is not just a tighter monetary policy. The potential for looser monetary conditions in the eurozone has all asset classes on tenterhooks - equities in the red, yields at record lows, gold prices rallying and a currency, contained by option barriers, trying desperately to underperform.

Dismal economic growth numbers for both Germany (-0.2%, Q2) and France (-0.0%) earlier this morning is sending equity indices deeper into the red and pushing German 10-year bund yields to trade below +1%, a new record low. This is a sure sign that the market is anticipating further stimulative action from the ECB. The weakness of regional economic growth in Q2 only heightens concerns with the overall growth outlook at a time when a rise in geopolitical tensions is going to have a material effect to downside risks. Germany, the supposed backbone of Europe, economically struggling could force the ECB to act faster.

Even a breakdown of France's GDP shows no encouraging signs. A rebound in consumer spending only seems to be correcting the fall in Q1, and more importantly, capital investment has fallen again. Structurally, France is in poor shape. Political fragmentation is struggling to implement policies and the market should anticipate any future EU talks to get tenser. For Germany, the weak GDP report could be attributed to some production being shifted to earlier months; nevertheless, for the supposed power horse of Europe, any material weakness has "knock-on" consequences throughout the region.

Eurozone data is either on balance or worsening, which would suggest that it could be the makings of a more prolonged downturn rather than a dip. A sustainable squeeze in growth in Europe or Asia could very much influence the Fed's own timing of higher rates. Expect the market to be paying close attention to Fed Chair Yellen's speech for hawkish tones at the Jackson Hole Economic Symposium in a few weeks. Dealers and investors need to get a sense of the Fed's current thought process.


What will the ECB do?

Collectively, the eurozone Q2 GDP (+0.0% vs. -0.2%) and final July HCIP (+0.4% vs. +0.4%) last night was less negative - wider downside misses were expected. The ECB has been adamant that they need to look at the first of the TLTROs, to be delivered next month to gauge whether they will be required to deliver further easing. Draghi will maintain that they euro policy makers do not need to be proactive, but rather take their time and assess the impact of June's easing package. The market could be looking at Q1, 2015 before any action from the ECB. Until then, investors and the market will be focusing and pining on whether euro growth/inflation worsens.

What of the Dollar?

The 18-member single currency (€1.3375) has, so far, come out of last night's eurozone's data rush somewhat intact. This would suggest that the market was probably positioned for more downbeat reporting - the weaker "short" EUR positions have been squeezed. Overall, the USD is expected to maintain broad support against the other major currency pairs with the greenback aided by divergence in growth, policy and yields. Even the dollar's supportive carry-with-yield differentials are moving in favor of mighty buck - in other words the USD is converting from a "funding" into an "asset" currency. Thus far, the EUR/USD continues to hold above its 2014 low of €1.333 with dealers noting option barrier defense at €1.3325 and €1.3300. Despite large "short" EUR positions leaving the topside vulnerable, the overall view remains bearish for the single-unit with range trading still preferred until the option barriers come off. It's only a matter of time before the year's EUR outright low will be taken out.

Japan: not left in the dark

Overnight data shows that Japan machine orders missed consensus (+8.8% vs. +15.9%) resulting in renewed stimulus talks. Earlier this week Japan was able to shrug the largely anticipated contraction in Q2 GDP, but the reaction to a miss in June machine orders figures and the government downgrade of the sector has had more of an effect. It has managed to push USD/JPY higher (¥102.45) with the market starting to believe that a consistent shortfall in leading indicators certainly brings a more proactive BoJ back onto the scene.

Zo Ku ,

good man

CSL, if they privatize it, min pun ada 0.20000 lor.....

trustme932 ,

good bye, chat with you later

connie,
I was on the screen till 3:30 a.m. this morning,,,, not Maggie lor, I will dream of you only..... bye bye....

connie,

I will hv a nap lor.... see you later

Maggie has been "sapu away by Connie lor....

trustme932 ,

wow, Maggie hah..........

connie ,

Aiyooo, I cannot curi makan lor.............

connie ,
Mui and PMCorp are on the move...... , The wife of the Boss may drop her Court's case against him lor........ (but to be confirmed lor).........,

Pls watch them carefully

trustme932,

ok, it is great

Danke,

for a proper calculation on the volume for that stock, we normally track its vol over 12 months,... deriving her daily ave, weekly ave, monthly ave....., from there we derive its norm volume for daily/weeky basis. This will also apply to the Price fluctuation over 12 months.....

Any counter with Volume exceeding 25% over its ave....with increasing proportions for consecutive 2-3 days, then we term that as High volume for that stock....

trustme932 ,

Are you trading FTSE or DAX too ??

duitKWSPkita ,

abang, good morning, busy fishing kah ???

trustme932 ,

I read you.. Thanks..

connie,

The First is the Queen maah, dare not go against her .......

trustme932 , good morning,

You are counting Dollars lor last night.... Congra.......

gerry188 ,

Welcome... Yes, connie is sweet lor....... hope I can win her being here often.... hahaha...

alibaba123 ,

You are welcome.
Yes, there is no dispute that Sumatec is the TOP HOT counter in the past few weeks.
Technically, it is very bullish , being supported aggressively with high volume. If you are only looking at the Chart(TA), I cannot predict really the TP or how high it may go......, it really depend on both the confidence level of Buyers and what the targets set by the Company Directors, being further boosted by the possibility of uplifting of her PN17 STATUS by September, 2014., ..Now, frequent News release and press conference seem to be the key for the driving force.

However, the downside is that the company is still in the PN17, Moreover, there is not much materials / substances on the Fundamentals, as I don't want to talk about her NTA, PE, Growth, financials, etc etc..... ...., which may agitate many Lovers /Supporters of Sumatec...


Yes, Sumatec is very good for Intraday trading if your timing is right,... I hv no doubt on that.......

US Futures/Stock market update:

The Dow Future has gained 105 points to 16624. The US Dollar Index climbed 0.097 points to 81.608. Gold is trending higher 3.53 dollars to 1312.25. Silver is down 0.10250 dollars to 19.87000. The Dow Industrials advanced 91.26 points, at 16651.80, while the S&P 500 climbed 12.97 points, last seen at 1946.72. The Nasdaq Composite advanced 44.04 points to 4433.29.
It is a positive and bullish day for Bursa

sunshine96 ,

Good morning to you, .....

Connie and Chrissy, i repost this from my blog

Posted by yong888 > Aug 14, 2014 06:34 AM | Report Abuse X

countfind ,

Granflo has breached her Channel Resistance with volume yesterday at 0.370. Technical Indicators are all Bullish, she is on board to ride on the bullish wave front, as the end of "D" tip may be beyond 0.4500 as estimated.
Her free float is low near 600 millions , with good FA,: NTA near 0.280, PE near 10, accumulated profit near 45 millions vs share holder's fund of 32 millions, with 4 years earning growth exceeding 20% annually.....
YES, IT IS an Excellent Stock.
If High VOLUME CONTINUES today, This will be ONE OF my Darlings FOR TODAY ON BURSA TRADING.............

countfind ,

Granflo has breached her Channel Resistance with volume yesterday at 0.370. Technical Indicators are all Bullish, she is on board to ride on the bullish wave front, as the end of "D" tip may be beyond 0.4500 as estimated.
Her free float is low near 600 millions , with good FA,: NTA near 0.280, PE near 10, accumulated profit near 45 millions vs share holder's fund of 32 millions, with 4 years earning growth exceeding 20% annually.....
YES, IT IS an Excellent Stock.
If High VOLUME CONTINUES today, This will be ONE OF my Darlings FOR TODAY ON BURSA TRADING.............

Christine Goh ,

wow, friend, welcoming you here. Still awake this hours,,,, are you a Global trader ?
am very happy to see you here......

duitKWSPkita

Thank you, abang

Good Night and see you tomorrow......

ok, good night lor all

see you tomorrow

connie
I am touched, you are the only few who appreciate my rubbishes lor..... thanks darling....