"Knowledge without discipline is dangerous,discipline without knowledge has little value"
1) We are here to help out any I3 members of their stock TA. If you need help on any stock chart just address us as “Dear TCB..”
2) We encourage traders to buy stocks with a trading plan. Before you buy please have a Stop Loss in case the stocks go against you.
3) We encourage traders to cultivate a winning habit, that is to lock in profits often when the opportunity arises. Be focused. We are here with one purpose only, that is to make money, never let a winning trade become a losing trade.
4) We encourage traders to set a Trailing Stop to protect their profits when riding on a winning trade.
5) We encourage other traders that have TA knowledge to participate and help out others on TA. In this way we all can learn together.
6) We will never recommend any stock in this thread as Buying and Selling is solely your own decision and your own risk.
7) We may post the stocks that we are interested in, together with a TA reading on it for the purpose of sharing. These TA readings are to cultivate habits of 'Discipline' and 'Plan' before trading .
Thanks too, to your prompt check to give me the added incentive to dive in head first into Premier, yoda88. Hope you made some sweet moolah :) And good to see you here too yoda88.
Inwest88 - Yeah, I know the stocks you mentioned are for consideration only. Am fully aware of that. I like Prestar and Opensys. Going to watch football now. I think Holland will take thd Cup though Brazil is my favourite team.
John_Revolver - haha, TA on a football match ! What a hard fought and hard earned 2 - 1 victory for the Dutch over the Mexicans, only getting the equalizer in the 88th minute and scoring a penalty in injury time. Good night !
Newman - how's your WC betting? Another match (normal time 1 -1 ) decided by penalties with Costa Rica prevailing over Greece by 5 goals to 3. My predictions in the last 16 are correct so far after 4 matches although 2 of them went through the penalty shoot-out. However I do not bet on football.
tsy88 - Good morning ! You also as ardent football fan? I also fancy Holland to take the title after my team England has failed to go through the group stages.
Good morning. Yeah. Have been watching and following. Thinking of betting in semi final and final. Never, never rule out Germany. They are strong contenders for the Cup. Narrow escape for Holland indeed. Another penalty shoot-out. Wonder how many we will see in the last 16.
TCB sifus, how do u all see Eforce? it's bullish but do you think there's any immediate pull backs before going upwards somemore? 27/6 can consider as hammer or hang man?
Pathew ya confusing. But I think it should be hanging man as it form after long bullish. TCB correct me if I wrong.
Posted by pathew > Jun 30, 2014 09:43 AM | Report Abuse
TCB sifus, how do u all see Eforce? it's bullish but do you think there's any immediate pull backs before going upwards somemore? 27/6 can consider as hammer or hang man?
pathew - haha. In fact my posting is real time as I do it almost immediately after I sell. But as I mentioned all these are just for consideration. There is no guarantee that the prices will go up, like I lost 0.5 sen on JHM and broke even on Jaks.
Hi Nana88 - as the market is neither here nor there at times I just do some quick (and fun) trades. See my earlier postings a few days ago.
" tsy88 - hopefully we can make some money from EG. Despite the lackluster conditions today, EG is up whilst Sunzen is still holding on well. Just to let you know that although I have a portfolio of blue chips / good FA stocks I still allocate an amount for trading which I enter and exit within a few minutes to a few days. And since I am out a few hours a day sometimes I cannot post comments in i3 when I sell my trading stocks. Hope you understand. By the way, before I forget, I cleared my Jaks today with loss on commission."
Nana88 - no issue of sharing. The market is big enough for everyone to make some money. But one has to be disciplined and, like what TCB always advocates here, has a trading plan for exit (for locking in profits and cutting losses).
Hi lottolearn, Sorry that we missed out to update Melati. We maybe also got confused with all the football talk in our thread. haha..
MELATI: Lz Lee has posted on Melati before and I will update as follows: Posted by Lz Lee Weiping > Jun 20, 2014 11:16 PM -bullish, breakout from a small rounding bottom -the breakout point was 1.32 -support level of 1.34, 1.32 and 1.29 -resistance level of 1.42 and 1.4 -if it breaks 1.42 with volume then it will head north to an uncharted region -if the resistance can't be broken it will probably consolidate -TP is 1.4 and 1.46 -stop-loss at 1.12
30/06 (12.10pm): Currently is under consolidation after failing to sustain upon breaking the resistance of $1.42 and closed lower at $1.39 on 23/06. Today the price movement has reversed upward and potentially will re-test the resistance of $1.42. However, the volume so far is low. Do monitor today's (with confirmation of tomorrow's) price movement so to determine whether it will resume its price upward trend or it may continue to consolidate. The immediate supports remain as above. I remember that your entry price is $1.38. Depending on your risk profile, you may want to set your stop loss at $1.29 if violated with volume.
Update: As expected, it is currently in consolidation with an immediate support of 0.935.
Earlier reading as at Jun 25, 2014 10:27 AM :- Broke on 4/6 with volume and is bullish. However, based on the candle formation of 23 & 24/6, the bears stopped the bulls in its track when it opened at the previous day's close of 1.00 and drove price down to close at 0.975, the opening of the previous day. So, you can expect some consolidations to take place. Support (S)1 = 0.96 ; S2 = 0.91 ; S3 = 0.875. Immediate resistance = 0.99. If you are trading this counter, depending on your risk profile, you may want to set a stop loss at 0.875
A hammer is formed during a decline in price. I believe the candle on 27/6 is neither a hammer nor a hanging man. It is a bearish harami. Potentially, it could come in for a consolidation. Whether there will be an immediate pullback or not, we will have a better indication with today's candle formation. So far, its price seems to be holding up well today.
----------------------------------------------------------------------- Posted by cherry tomato > Jun 30, 2014 10:48 AM | Report Abuse Pathew ya confusing. But I think it should be hanging man as it form after long bullish. TCB correct me if I wrong. ------------------------------------------------------------------------ Posted by pathew > Jun 30, 2014 09:43 AM | Report Abuse
TCB sifus, how do u all see Eforce? it's bullish but do you think there's any immediate pull backs before going upwards somemore? 27/6 can consider as hammer or hang man?
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"Knowledge without discipline is dangerous,discipline without knowledge has little value" 1) We are here to help out any I3 members of their stock TA. If you need help on any stock chart just address us as “Dear TCB..” 2) We encourage traders to buy stocks with a trading plan. Before you buy please have a Stop Loss in case the stocks go against you. 3) We encourage traders to cultivate a winning habit, that is to lock in profits often when the opportunity arises. Be focused. We are here with one purpose only, that is to make money, never let a winning trade become a losing trade. 4) We encourage traders to set a Trailing Stop to protect their profits when riding on a winning trade. 5) We encourage other traders that have TA knowledge to participate and help out others on TA. In this way we all can learn together. 6) We will never recommend any stock in this thread as Buying and Selling is solely your own decision and your own risk. 7) We may post the stocks that we are interested in, together with a TA reading on it for the purpose of sharing. These TA readings are to cultivate habits of 'Discipline' and 'Plan' before trading .