Home
Login Register
Trading Techniques   

The Trading Floor

 Post Reply 33641-33660 of 38393
 
bystander1965
    04-Mar-2021 13:10  
Contact    Quote!
When I saw that picture, I had only one question. There was a support zone 1. Why was the author so sure it would break and go down to zone 2? Then technically was that still a support in the first place? Strange.

I think in his/her mind s/he has already set the direction s/he *thinks* the price would move to.

Kazerin      ( Date: 04-Mar-2021 13:04) Posted:

My opinion on this call. EP short 725, SL 760, TP1 670 You risk 35c, gain 55c, Risk reward ratio approx 1:1.5 Second point, i dont agree with the support zone being drawn BUT the point is why will you short near a support zone? Buy low sell high. If i were to short, i will at least wait for the retracement of at least 38.2% and give it some room to reach the support zone. Buying into supply zone, selling into support zone are all not high probability trades unless you have the HTF bias like monthly or weekly trend. I just based my opinion on this call and this time frame only. Dyodd.

elisa28      ( Date: 04-Mar-2021 10:57) Posted:

Just for info only. Dyyd.





 
 
Kazerin
    04-Mar-2021 13:04  
Contact    Quote!
My opinion on this call. EP short 725, SL 760, TP1 670 You risk 35c, gain 55c, Risk reward ratio approx 1:1.5 Second point, i dont agree with the support zone being drawn BUT the point is why will you short near a support zone? Buy low sell high. If i were to short, i will at least wait for the retracement of at least 38.2% and give it some room to reach the support zone. Buying into supply zone, selling into support zone are all not high probability trades unless you have the HTF bias like monthly or weekly trend. I just based my opinion on this call and this time frame only. Dyodd.

elisa28      ( Date: 04-Mar-2021 10:57) Posted:

Just for info only. Dyyd.





Luzern      ( Date: 04-Mar-2021 10:05) Posted:

Wasted.....Chang Beer do not want to let me load more at 0.710/0.715 ..........haiz.....!cheeky


 
 
bystander1965
    04-Mar-2021 12:25  
Contact    Quote!
Same sentiment for Day & Week.
If all the big generals here charge in, then maybe a different story will emerge. :)

TikTalk      ( Date: 04-Mar-2021 11:48) Posted:

Below analysis was base on daily chart, the weekly chart bring me back to a somewhat similar
picture back in May 2019 whereby it held the low then and climbed gradually to make new highs.
( I dunno how to upload charts and old dog doesnt want to learn new tricks here.)
Therefore if TB can hold 0.705 and with strong fundamentals cannot rule out a continuation
of its uptrend since March low to make new highs in coming months or year ahead.

TikTalk      ( Date: 04-Mar-2021 11:20) Posted:

If I may add on my little TA....key support between 0.705 to 0.715 to watch as a break below
may lead to further downside momentum, meaning the queue to sell will get longer limiting each bounce.
However the 200ma is around 0.68 and thats another support to watch.
Upside resistance 0.765/0.77 where the 20ma and 50ma has just crossed recently and sloping downward,
therefore the current short term trend is down. If support hold upside potential limited to those
resistance I mentioned or in othe words the 20 & 50ma will be resistances. I could be wrong tho on my TA.

Ok tiktalk again next time.


 


 

 
bystander1965
    04-Mar-2021 12:20  
Contact    Quote!
Have you not heard durians have " eyes" ? They don' t drop on people. Kekeke.
Anyway, they normally drop in the middle of the night. Unless you sleep walk then and into the plantation ... You are asking for it lor especially it is windy. laugh

wavehunter      ( Date: 04-Mar-2021 11:00) Posted:

So at your front gate there are hard hats.
All of you need to wear when you walk across the front yard to the main door of the house.
I can imagine the feeling of having a 2-kg thorny durian dropping from a height of 30 to 40 metres at a velocity of 15 ft per second
and hitting your head. A hard hat may very well save your life. 

Luzern      ( Date: 04-Mar-2021 10:54) Posted:

It' s true.  I, rather, my parents have durian trees last time.....keke.....more than quite a few of them actually.    laugh


 
 
elisa28
    04-Mar-2021 12:11  
Contact    Quote!
Future is down-217 but STI is up +5.41 to 3005.78 🤔 🤔
 
 
TikTalk
    04-Mar-2021 11:48  
Contact    Quote!
Below analysis was base on daily chart, the weekly chart bring me back to a somewhat similar
picture back in May 2019 whereby it held the low then and climbed gradually to make new highs.
( I dunno how to upload charts and old dog doesnt want to learn new tricks here.)
Therefore if TB can hold 0.705 and with strong fundamentals cannot rule out a continuation
of its uptrend since March low to make new highs in coming months or year ahead.

TikTalk      ( Date: 04-Mar-2021 11:20) Posted:

If I may add on my little TA....key support between 0.705 to 0.715 to watch as a break below
may lead to further downside momentum, meaning the queue to sell will get longer limiting each bounce.
However the 200ma is around 0.68 and thats another support to watch.
Upside resistance 0.765/0.77 where the 20ma and 50ma has just crossed recently and sloping downward,
therefore the current short term trend is down. If support hold upside potential limited to those
resistance I mentioned or in othe words the 20 & 50ma will be resistances. I could be wrong tho on my TA.

Ok tiktalk again next time.


 

elisa28      ( Date: 04-Mar-2021 10:57) Posted:

Just for info only. Dyyd.





 

 
zillion
    04-Mar-2021 11:32  
Contact    Quote!
me a new cicak. if you read past few sgx results it was the derivatives that generated exponential gains not the stocks/cash mkt side. Bocker was brought in to link sgx to the world with him trying to swallow a big whale (ASX). Failed. Since then he embarked onto derivatives. There is no meaning to list companies only to see it become 0.001/watch list/whatever after few years. Salute to Razor and SEA that listed in nasdaq. The local retail investors/players are just too small to make any meaningful oomphs for the local bourse. Mindset must change sgx must not keep trying to ride on the coat tails of HK. It must accept it is a mickey mouse stock market that only attracts funny companies whose retail players like to churn here there. Uncles told me back in their hey days, with msian clob shares there were constant rotational plays of around 3 months with funny sexy story to churn. Sgx must bring back all those uncles experienced to generate expnential brokerage fee for it. Instead sgx prefers to clink onto HK' s tail.

wavehunter      ( Date: 04-Mar-2021 11:18) Posted:

Nice inputs from our regular lizard visitor. Thanks.
But if SGX is still making profits and I think the last one or the one before was a record profit, it means the big boys are still 
using our Exchange to trade/invest. In which case wont die lah. If other Exchanges have better offerings, sure....some trading
activity will be diverted to elsewhere but STI still wont die lah. Coz there are many good blue chip stocks in STI for funds and
institutions and high net worth retail investors to park money in. Yes, the banks, Good REITs. And others. 

zillion      ( Date: 04-Mar-2021 11:11) Posted:

the era of waiting for the durains to drop to pick are gone. those msian durain plantation cannot afford to wait so long! my relative in batu pahat (due to younger generation not waiting to take over) lease out to sub con who will put sth around the trees to force early maturity. In the first place a durain tree needs min 10 (TEN) years to mature! So imagine in stocks you have to wait SOOOOO LOONG to mature and pluck! Meantime many other counters are like rabbits running while that durain fruit macam a tortoise. Now with social media/reddit wsbets etc no pt wait, just keep switching stocks here and there. Because in the LONG term we are all dead. SG for that matter STI - wonder how it can rejuvenate the index components now with HK is going to expand to include gig economy and teck stocks. What' s our economy still the 3 banks and all the reits/property stocks? we are goner faster than expected.


 
 
Luzern
    04-Mar-2021 11:24  
Contact    Quote!
Thank you Elisa28 and TikTalk for the TA.    laugh
 
 
TikTalk
    04-Mar-2021 11:20  
Contact    Quote!
If I may add on my little TA....key support between 0.705 to 0.715 to watch as a break below
may lead to further downside momentum, meaning the queue to sell will get longer limiting each bounce.
However the 200ma is around 0.68 and thats another support to watch.
Upside resistance 0.765/0.77 where the 20ma and 50ma has just crossed recently and sloping downward,
therefore the current short term trend is down. If support hold upside potential limited to those
resistance I mentioned or in othe words the 20 & 50ma will be resistances. I could be wrong tho on my TA.

Ok tiktalk again next time.


 

elisa28      ( Date: 04-Mar-2021 10:57) Posted:

Just for info only. Dyyd.





Luzern      ( Date: 04-Mar-2021 10:05) Posted:

Wasted.....Chang Beer do not want to let me load more at 0.710/0.715 ..........haiz.....!cheeky


 
 
wavehunter
    04-Mar-2021 11:18  
Contact    Quote!
Nice inputs from our regular lizard visitor. Thanks.
But if SGX is still making profits and I think the last one or the one before was a record profit, it means the big boys are still 
using our Exchange to trade/invest. In which case wont die lah. If other Exchanges have better offerings, sure....some trading
activity will be diverted to elsewhere but STI still wont die lah. Coz there are many good blue chip stocks in STI for funds and
institutions and high net worth retail investors to park money in. Yes, the banks, Good REITs. And others. 

zillion      ( Date: 04-Mar-2021 11:11) Posted:

the era of waiting for the durains to drop to pick are gone. those msian durain plantation cannot afford to wait so long! my relative in batu pahat (due to younger generation not waiting to take over) lease out to sub con who will put sth around the trees to force early maturity. In the first place a durain tree needs min 10 (TEN) years to mature! So imagine in stocks you have to wait SOOOOO LOONG to mature and pluck! Meantime many other counters are like rabbits running while that durain fruit macam a tortoise. Now with social media/reddit wsbets etc no pt wait, just keep switching stocks here and there. Because in the LONG term we are all dead. SG for that matter STI - wonder how it can rejuvenate the index components now with HK is going to expand to include gig economy and teck stocks. What' s our economy still the 3 banks and all the reits/property stocks? we are goner faster than expected.

 

 
Luzern
    04-Mar-2021 11:16  
Contact    Quote!
Happy/celebration...drink beer
Sad......also drink beer
Go clubs/bars.....drink beer
Act macho....drink beer
Sianz.....also drink beer.......
..........Chang Beer!.cheeky
 
 
Luzern
    04-Mar-2021 11:12  
Contact    Quote!
Western Durian......keke.... and i do not mean ang mo lui lian (soursop).....keke.

wavehunter      ( Date: 04-Mar-2021 11:04) Posted:

Bro Luzern,

What other durians are you waiting for and at what price?

 
 
wavehunter
    04-Mar-2021 11:11  
Contact    Quote!
Ya.... I also want to drink ThaiGirl milk. Have or not ? 

SuperLuckyCorn      ( Date: 04-Mar-2021 11:07) Posted:

We queue yesterday night at 0.72...now we also 0.72 beers in our store.
Gen Luzern, TFA, SMRs and SSMRs, we will need to drink tiger beers more frequently.
The more we drinks, the better the profit, the better the stock price.
Sound like different way of GameStop.

Luzern      ( Date: 04-Mar-2021 11:04) Posted:

mid 0.8 serie


 
 
zillion
    04-Mar-2021 11:11  
Contact    Quote!
the era of waiting for the durains to drop to pick are gone. those msian durain plantation cannot afford to wait so long! my relative in batu pahat (due to younger generation not waiting to take over) lease out to sub con who will put sth around the trees to force early maturity. In the first place a durain tree needs min 10 (TEN) years to mature! So imagine in stocks you have to wait SOOOOO LOONG to mature and pluck! Meantime many other counters are like rabbits running while that durain fruit macam a tortoise. Now with social media/reddit wsbets etc no pt wait, just keep switching stocks here and there. Because in the LONG term we are all dead. SG for that matter STI - wonder how it can rejuvenate the index components now with HK is going to expand to include gig economy and teck stocks. What' s our economy still the 3 banks and all the reits/property stocks? we are goner faster than expected.
 
 
Luzern
    04-Mar-2021 11:11  
Contact    Quote!
Tiger Beer?.........Can change to Chang Beer....keke....or do you mean TIGR and ThaiBev?....keke...laugh

SuperLuckyCorn      ( Date: 04-Mar-2021 11:07) Posted:

We queue yesterday night at 0.72...now we also 0.72 beers in our store.
Gen Luzern, TFA, SMRs and SSMRs, we will need to drink tiger beers more frequently.
The more we drinks, the better the profit, the better the stock price.
Sound like different way of GameStop.

Luzern      ( Date: 04-Mar-2021 11:04) Posted:

mid 0.8 serie


 

 
wavehunter
    04-Mar-2021 11:09  
Contact    Quote!
This ThaiBev is I think the blue eye boy of a rich tycoon who will, whenever necessary, come out to defend the stock price.
I am NOT saying that is the case. But sometimes when a major shareholder takes a keen interest in the price movement
of his stock, it could be becoz he took out a large loan and used his stocks as collateral. To avoid margin call, he will do 
the necessary to keep the stockprice at a safe distance from the margin call trigger. 

elisa28      ( Date: 04-Mar-2021 10:57) Posted:

Just for info only. Dyyd.





Luzern      ( Date: 04-Mar-2021 10:05) Posted:

Wasted.....Chang Beer do not want to let me load more at 0.710/0.715 ..........haiz.....!cheeky


 
 
Luzern
    04-Mar-2021 11:09  
Contact    Quote!
I lived on a farm, the durians trees are not near the house.

wavehunter      ( Date: 04-Mar-2021 11:00) Posted:

So at your front gate there are hard hats.
All of you need to wear when you walk across the front yard to the main door of the house.
I can imagine the feeling of having a 2-kg thorny durian dropping from a height of 30 to 40 metres at a velocity of 15 ft per second
and hitting your head. A hard hat may very well save your life. 

Luzern      ( Date: 04-Mar-2021 10:54) Posted:

It' s true.  I, rather, my parents have durian trees last time.....keke.....more than quite a few of them actually.    laugh


 
 
SuperLuckyCorn
    04-Mar-2021 11:07  
Contact    Quote!
We queue yesterday night at 0.72...now we also 0.72 beers in our store.
Gen Luzern, TFA, SMRs and SSMRs, we will need to drink tiger beers more frequently.
The more we drinks, the better the profit, the better the stock price.
Sound like different way of GameStop.

Luzern      ( Date: 04-Mar-2021 11:04) Posted:

mid 0.8 series

wavehunter      ( Date: 04-Mar-2021 11:02) Posted:

Target price


 
 
wavehunter
    04-Mar-2021 11:04  
Contact    Quote!
Bro Luzern,

What other durians are you waiting for and at what price?
 
 
Luzern
    04-Mar-2021 11:04  
Contact    Quote!
mid 0.8 series

wavehunter      ( Date: 04-Mar-2021 11:02) Posted:

Target price?

Luzern      ( Date: 04-Mar-2021 10:40) Posted:

I expect to hold this for more than a month, hence, more economical to use cash to hold


 
Important: Please read our Terms and Conditions and Privacy Policy .