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Golden Energy new
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voucherhunter
Supreme |
06-Mar-2018 13:25
Yells: "What you see may not be real; what is real you may not see." |
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You are right. Do not chase money as the more you chase, the more it runs away from you. For trading, know your exact entry and exit point, do not be guided by emotions. Sell early is better than sell late. As we speak, I have collected another voucher for SGX!  
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lollibob
Master |
06-Mar-2018 13:22
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x 0 Alert Admin |
is katek monkey shorting this counter today?? | ||||
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wavehunter
Supreme |
06-Mar-2018 13:05
Yells: "Trade what you see, not what you hope to see." |
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x 0 Alert Admin |
Yippppeee..... !!! Just collected 2 more Meal Vouchers from Wilmar. Like I said, today is a day to sell, not buy. |
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chillipadi
Elite |
06-Mar-2018 12:46
Yells: "Everything is temporary." |
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x 0
x 0 Alert Admin |
Got profit can alr! Don' t be clouded by greed... profitting is always better than incurring losses... =D Ho sey for you! 
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voucherhunter
Supreme |
06-Mar-2018 12:38
Yells: "What you see may not be real; what is real you may not see." |
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x 0 Alert Admin |
Sold all my ST Engr today and collected a small voucher. Missed the chance to sell last week at 3.45. Waiting for entry again, in the zone of 3.30 to 3.33.  
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chillipadi
Elite |
06-Mar-2018 11:47
Yells: "Everything is temporary." |
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Hello! Im not General... im the kah kia.... =D 
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wavehunter
Supreme |
06-Mar-2018 11:46
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
We are not meeting lah....Aiyoh... ..... Just pulling your hairy legs only.    ![]() And we dont know where we live also. I live in Pulau Ubin. Bro Voucher lives in Tekong. Heard that Sis Chillipadi lives in a nice high floor apartment which has 360 degrees sea view wor. Could be this one.    ![]() . . . . . . .      
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fightingdragons
Member |
06-Mar-2018 11:43
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x 0
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Thanks! Great insight! 
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chillipadi
Elite |
06-Mar-2018 11:42
Yells: "Everything is temporary." |
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Aiyo don' t paiseh me here... I still attending trading lessons =) My observation is the price of Capitaland gain always come with small trade volume, and buying volume spikes when price goes down, so someone should be supporting it, probably similar situation as ST Engg (range btwn 3.34 to 3.38 in these 2 weeks since the last climbed from 2.32 last month). Capitalland financial close is at march.  Above just my observation hor.... please take it w pinch of salt or jokes (if you are a more experienced investor)
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wavehunter
Supreme |
06-Mar-2018 11:34
Yells: "Trade what you see, not what you hope to see." |
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Why not you look at the price action and do the analysis and tell us what the < beep> is happening at Capitaland? We are all ears.... new birds and old birds as well.  ![]()
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chillipadi
Elite |
06-Mar-2018 11:31
Yells: "Everything is temporary." |
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So the opposite is, by common sense reasoning, also true. And which is that if you dont see prices doing a higher high higher low price action coupled with breaking the Last High to make New Highs...and instead you see prices running up a little and then Lao Hong and gostan and this weak price action is repeated day after day, then trading experience...which all the old birds here have, will tell us that when we see this, we know the market is not going anywhere and that any bounce we see is going to be shortlived and after that, prices will retreat. And our trading experience tells us that any bounce is an opportunity to sell and/or to SHORT    weak stocks and even a strong stock which has run by so much that it is now prone to heavy profit taking. Above explanation  seems to apply for Capitaland for the past 2 weeks, observed that it range in btwn 3.56 to 3.62 during these 2 weeks. Please correct me if im incorrect. 
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wavehunter
Supreme |
06-Mar-2018 11:25
Yells: "Trade what you see, not what you hope to see." |
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This is all about observation of the price action and trading experience. It may sound complicated but it is actually quite simple and just a matter of common sense. And you only need to read this once carefully and remember it. And the knowledge acquired is yours forever. And which you can use again and again whenever you take a good deep look at the market and observe its price action to try to figure out what the f< beep> is happening.  In a Bull Market, prices will not only move up but also do an UP, UP & AWAY. What you will see is prices doing an intraday higher high and higher low price action. Every pullback is shallow, meaning only a few bids... and brief... meaning shortlived. Why shallow and shortlived? Becoz the market is bullish and investors will not sell. They BUY TO HOLD and they will ride the upside all the way till their target price is reached or when the bull is exhausted and needs to take a breather. Some long term investors will even no hew this breather and still wont take profits. They will stay in the market and continue riding until the bull run has peaked out and hit a major resistance. So investors wont sell. Only short term traders who are happy with their Meal Vouchers and Supermarket Vouchers will sell. When they sell, prices will pull back. But becoz there are fewer of such traders selling, the pullback is shallow.  Those who are in the market long enough knows that such pullbacks in a Bull Market are opportunities to buy. And they also know that such pullbacks will be shallow and brief. So when a pullback comes, they jump in and pounce on the pullbacks to buy. When you have a  situation where many willing buyers who wont wait for lower prices vs few short term traders selling to take profits, the resultant price action you see on your screen is... selling is very well absorbed and before you know it, the pullback is over and the price is back at the Last Intraday High and whilst you are still wondering whether to buy, the price has already broken through the Last Intraday High to show you a New Intraday High.  After running higher, you will see another intraday pullback which again will be shallow and shortlived and before long, that pullback ends and the price climbs higher to break the Last Intraday High to make a New Intraday High. And this process is repeated throughout the day and day after day if the market is bullish and the bull is still running. At the end of such a day when you look at the entire intraday price pattern, what you will discover is that the price was doing a higher high and higher low price action meaning each next high was higher than the previous high and each subsequent pullback ended higher than the previous pullback. If you plot this price action on a chart, you will see an ascending staircase-like pattern. And on looking back, you will tell yourself that had you known, you would have bought into each and every one of those pullbacks and all your positions will be in the money by the end of the day. And this is just for one day. When the bull is strong, this similar price action can be repeated day after day or weeks after weeks. And if the bull is damn super strong, this price action can be repeated for a whole year and even longer. Dont believe? I show you right now right here. ![]() So the opposite is, by common sense reasoning, also true. And which is that if you dont see prices doing a higher high higher low price action coupled with breaking the Last High to make New Highs...and instead you see prices running up a little and then Lao Hong and gostan and this weak price action is repeated day after day, then trading experience...which all the old birds here have, will tell us that when we see this, we know the market is not going anywhere and that any bounce we see is going to be shortlived and after that, prices will retreat. And our trading experience tells us that any bounce is an opportunity to sell and/or to SHORT  weak stocks and even a strong stock which has run by so much that it is now prone to heavy profit taking. Hope the newbies here will remember what you read here today and use it to help you to avoid quicksands in the market and to make money.  Keep this somewhere if you have to. Just dont ask me the same question again hor. Fingers tired lare.  ![]()  
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voucherhunter
Supreme |
06-Mar-2018 10:56
Yells: "What you see may not be real; what is real you may not see." |
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x 0
x 0 Alert Admin |
We would love to meet you but we need to protect our identities. Imagine 3 generals being kidnapped, then who going to feed market information?
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viromics
Senior |
06-Mar-2018 10:46
Yells: "If I am thinking buying, it is an opportunity to sell" |
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x 0
x 0 Alert Admin |
Hi, Wave, Vouch, and Chilli Are you guys living nearby the place, can we meet another day at the Mac outlet for chating? I wish I could join, but could not make it today, too early at 5:30, still working. 
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fightingdragons
Member |
06-Mar-2018 10:41
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wavehunter - why is today' s rally not for buying? What indicators show that this will be a temporary bounce? Please share so newbies like me can learn. TQ
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chillipadi
Elite |
06-Mar-2018 10:25
Yells: "Everything is temporary." |
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x 0
x 0 Alert Admin |
laugh die me..  ![]()
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wavehunter
Supreme |
06-Mar-2018 10:17
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
BIG CONGRAT$ TO YOU, BRO !!! HUAT ARRRRR !!! ![]()
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chillipadi
Elite |
06-Mar-2018 10:17
Yells: "Everything is temporary." |
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x 0
x 0 Alert Admin |
not to the extend but ... will face red red? hahahah  ![]()
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wavehunter
Supreme |
06-Mar-2018 10:15
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
But if the young and dashing doctor ask you to unbutton for him to hear your heartbeat, I think your heart will beat even faster lare.    ![]() ![]()
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wavehunter
Supreme |
06-Mar-2018 10:10
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
Okay bro. I see you at this outlet at 5.30pm.![]() But I will have to leave by 6.15pm hor. To meet chillipadi at the spa by 6.30pm.    ![]()
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..... Just pulling your hairy legs only.    

    







