For ikan bilis to learn, comment or share....
Remember always
1. Eyes open, Be safe, keep calm, No fear
2. Loose less ,Win more.
3. Always helpful,always contribute,always share,
i am in dnex from 0.24 cent . thats why i said you you have good knowledge about dnex , and you are doing well . what i can say is keep this share in ur portfolio , u will be rewarded soon.
@aliimam, thanks for your compliment.. its been sometime i don receive compliments.. especially u and hokwee together.. i feel like i got an double killed.... hahaha
@hokwee... learn a lot from me on wat? im good in talkc*ck and i think u have not learn the best from me on that yet hahaha..
ohh very much surprised by her analysis on dnex . very well read and understood the fundamentals of this share . you peoples are working hard .infact i am these days still learning on moving averages . still cant get a neck how to apply and what to apply . let me know la . when to apply 5 days , 9 days , 12 days and good to see you invest in dnex........... bright prospectus ......
The Simple Moving Average is arguably the most popular technical analysis tool used by traders. The Simple Moving Average (SMA) is used mainly to identify trend direction, but is commonly used to generate buy and sell signals. The SMA is an average, or in statistical speak - the mean. An example of a Simple Moving Average is presented below:
The prices for the last 5 days were 25, 28, 26, 24, 25. The average would be (25+28+26+26+27)/5 = 26.4. Therefore, the SMA line below the last days price of 27 would be 26.4. In this case, since prices are generally moving higher, the SMA line of 26.4 would be acting as support
Exponential Moving Average
The Exponential Moving Average (EMA) weighs current prices more heavily than past prices. This gives the Exponential Moving Average the advantage of being quicker to respond to price fluctuations than a Simple Moving Average; however, that can also be viewed as a disadvantage because the EMA is more prone to whipsaws (i.e. false signals).
Weighted Moving Average
The Weighted Moving Average places more importance on recent price moves; therefore, the Weighted Moving Average reacts more quickly to price changes than the regular Simple Moving Average (see: Simple Moving Average). A basic example (3-period) of how the Weighted Moving Average is calculated is presented below:
Prices for the past 3 days have been $5, $4, and $8. Since there are 3 periods, the most recent day ($8) gets a weight of 3, the second recent day ($4) receives a weight of 2, and the last day of the 3-periods ($5) receives a weight of just one. The calculation is as follows: [(3 x $8) + (2 x $4) + (1 x $5)] / 6 = $6.17 The Weighted Moving Average value of 6.17 compares to the Simple Moving Average calculation of 5.67. Note how the large price increase of 8 that occured on the most recent day was better reflected in the Weighted Moving Average calculation.
Typical Price Moving Average
The Typical Price Moving Average combines the Pivot Point concept and the Simple Moving Average. The Pivot Point (see: Pivot Points) calculation is shown below:
Pivot Point = (High + Low + Close) / 3 The calculated Pivot Point number is then inputed into the regular Simple Moving Average (see: Simple Moving Average) equation; rather than the input of the closing price, the Pivot Point calculation is used.
Pivot Points are used to project potential support and resistance levels. The main time periods used are daily, weekly, and monthly pivots. The formula for the daily pivot point, support, and resistance is shown below:
Pivot Point = [Yesterday's High + Yesterday's Low + Yesterday's Close] / 3
Moving Average Envelopes Moving Average Envelopes consist of a moving average plus and minus a certain user defined percentage deviation. Moving Average Envelopes serve as an indicator of overbought or oversold conditions, visual representations of price trend, and an indicator of price breakouts. The inputs of the Moving Average Envelopes indicator is shared below:
Moving Average: A simple moving average of both the highs and the lows. (generally 20-period, but varies among technical analysts; also, a person could use only the close when calculating the moving average, rather than two) Upper Band: The moving average of the highs plus a user defined percentage increase (usually between 1 & 10%). Lower Band: The moving average of the lows minus a user defined percentage (again, usually between 1 & 10%).
if my precious and deep analysis correct today friday is the day of dnex to shoot up . watch out the break above 0.325 !!!!! good luck . u had good chances to turn portfolio into greenish farm today.
told u two ways direction. either break up or down. shark is playing very well. can go any direction la but it will be fast and furious . i still watching maybank and censof mahhhh. both are in cold storage now. lets see the evening trading
no fardar , weighted average has nothing to do with MA LINES.
A weighted moving average is designed to put more weight on recent data and less weight on past data. A weighted moving average is calculated by multiplying each of the previous day's data by a weight.
An exponential (or exponentially weighted) moving average is calculated by applying a percentage of today's closing price to yesterday's moving average value. Exponential moving averages place more weight on recent prices.
CENSOF FROM 0.425 to 0.475 had a total no of shares transacted in between these values are eg. 100,000k , while going up from 0.425 to 0.475. now by calculating the pivot point it should be around 0.445. after reaching the high 0.475 it came down to 0.445 which was its pivot point , but cross that also and close 0.435.
now calculate how much shares transacted in betwween these falling values , e.g say 150000 k shares . thats mean now playeror shark had dummed shares very wisely . now weight of censof shifted 50,000k . in order to substain the current price it had to absorb the 50000k shares around these levels or say piviot point ,to rebound back .otherwise it will hit a new low .
CURRENTLY 5 SHARES IN KLCI ARE FACING THE SAME PROBLEM
1 GENETEC ( CANNT CROSS 0.225 WITH GOOD VOLUMES BACK AGAIN 0.190 ) 2 DNEX (CANT CROSS 0.325 WITH GOOD VOLUMES BACK AGAIN 0.30) 3 CENSOF (CANT CROSS 0.475 WITH GD VOLUMES BACK AGAIN 0.435) 4 JASKITA (CANT CROSS 0.185 WITH GD VOLUMES BACK AGAIN 0.170) 5 PUC (CANT CROSS 0.180 WITH GD VOLUMES BACK AGAIN 0.165)
FARDAR KEEP ON EYES N THIS WEIGHTED AND EXPONENTIAL PRICES WHICH I QUOTE YOU NOW. If in coming days any one of these shares will break these values with gd volumes u will definately earn 5 to 10 cents .
only these 5 shares i applied triangular moving averages , had calculated pivots points .and all these shares are holding there critical weighted and exponential close support level . that why i took a decision to let go of cliq-wa and buy puc . this time i am making my own judgement buy call. and i am confident on my research .
@hokwee...me to, those infos you posted about moving average were very useful, I'm still going through basics first, keep it coming, we all learn together
You can convert a daily moving average quantity into a weekly moving average quantity by dividing the number of days by 5 (e.g., a 200-day moving average is almost identical to a 40-week moving average). To convert a daily moving average quantity into a monthly quantity, divide the number of days by 21 (e.g., a 200-day moving average is very similar to a 9-month moving average, because there are approximately 21 trading days in a month).
Moving averages can also be calculated and plotted on indicators. The interpretation of an indicator's moving average is similar to the interpretation of a security's moving average: when the indicator rises above its moving average, it signifies a continued upward movement by the indicator; when the indicator falls below its moving average, it signifies a continued downward movement by the indicator.
Indicators which are especially well-suited for use with moving average penetration systems include the MACD, Price ROC, Momentum, and Stochastics.
Some indicators, such as short-term Stochastics, fluctuate so erratically that it is difficult to tell what their trend really is. By erasing the indicator and then plotting a moving average of the indica-tor, you can see the general trend of the indicator rather than its day-to-day fluctuations.
Whipsaws can be reduced, at the expense of slightly later signals, by plotting a short-term moving average (e.g., 2-10 day) of oscillating indicators such as the 12-day ROC, Stochas-tics, or the RSI. For example, rather than selling when the Stochastic Oscillator falls below 80, you might sell only when a 5-period moving average of the Stochastic Oscillator falls below 80.
A very detail write up. Not easy also to absorb all the theory. Thanks. Learn a lot from you. By the way why u sense only a month leave , then it will rock n roll. I m worry also with the current affair/politic now in our country plus some people projected global burst. Thanks n good luck.
yes, you are correct and i can feel what you are feeling right after reading theory . its not easy to absorb all the theory . in my early days i also face many problems but i got used to it . now understanding very well . u got to put some efforts inside . TECHNICAL ANALYSIS is not a easy job to do . its needs time ,effort, hardwork and research . nowadays my papers finished now all guns back to TA. i am a newbie also and still in learning phase.
for me TA is very vast and interesting and challenging job to do .
The advantages of using moving averages need to be weighed against the disadvantages. Moving averages are trend following, or lagging, indicators that will always be a step behind. This is not necessarily a bad thing though. After all, the trend is your friend and it is best to trade in the direction of the trend. Moving averages insure that a trader is in line with the current trend. Even though the trend is your friend, securities spend a great deal of time in trading ranges, which render moving averages ineffective. Once in a trend, moving averages will keep you in, but also give late signals. Don't expect to sell at the top and buy at the bottom using moving averages. As with most technical analysis tools, moving averages should not be used on their own, but in conjunction with other complementary tools. Chartists can use moving averages to define the overall trend and then use RSI to define overbought or oversold levels.
This scans looks for stocks with a rising 150-day simple moving average and a bullish cross of the 5-day EMA and 35-day EMA. The 150-day moving average is rising as long as it is trading above its level five days ago. A bullish cross occurs when the 5-day EMA moves above the 35-day EMA on above average volume.
Bearish Moving Average Cross:
This scans looks for stocks with a falling 150-day simple moving average and a bearish cross of the 5-day EMA and 35-day EMA. The 150-day moving average is falling as long as it is trading below its level five days ago. A bearish cross occurs when the 5-day EMA moves below the 35-day EMA on above average volume.
wow great job sifu hokwee! just come back from outstation.. opened up and see loaded of infos in here.. i will get time to absorb absort learn learn suck suck all the info u provided!
just 1 point of concern, 1MDB may affect several companies that is related...
100 percents it will spill over effects to all companies related directly or indirectly . got to see how govt will take avase of action to prevent this . if they ask money from epf big problem again coming to this market , do got to see how the govt moves ................
yes indeed... thats why i personally feel the market is still very uncertain for the upcoming short period of time... however several strong fundamental companies is having quarter report release... that should be good news to us...
i have a peek on mikromb and zelan... i think these 2 is quite potential for mid term holding...
agree with you . zelan i am studing now , so cant comment on that now . but got to be very carefull now . storm can hit without any signal popping up !!!!
but trading below the MA 20 lines i don really like la... even its like oversold.. but the MA line is very the not interesting.... may be wait it comes up from oversold region.... summore hugging the btm band... very very geli....
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by pdtan > 2015-02-11 20:13 | Report Abuse
For ikan bilis to learn, comment or share.... Remember always 1. Eyes open, Be safe, keep calm, No fear 2. Loose less ,Win more. 3. Always helpful,always contribute,always share,