Trading Techniques   

The Trading Floor

Close at Day High (or new Day High even) during pre-closing is when you have a Bull Monkey in the driver' s seat who is playing
the " You Raise Me Up" musical chair game.

Close at Day Low (or new Day Low) during pre-closing is when you have a Katek Monkey in the driver' s seat who is playing the
" London Bridge is Falling Down" musical chair game. 

bystander1965      ( Date: 11-Dec-2020 21:51) Posted: Thanks for your insight. I have seen this many times(both ways, day low close also) but I don' t track very closely so I don' t know what normally happens after that. And I don' t record my observtions. So even if I saw I also won' t remember. Haha. wavehunter      ( Date: 11-Dec-2020 21:45) Posted: It happens all the time. Well, not all the time but often enough for me to say macam like it happens most of the time so much so until can say as good as all the time. Why does it happen ? My own take is - so that the price close at the day high (and quite often even at a new day high not seen during regular trading hrs but only during pre-closing) so that all the lots he bought today are in the money. Then next session he will engineer a gap up in the price plus push a few bids more very rapidly during the 1st minute of trading when the SELL queues are thin so that it is easy to push the price up very quickly. During this process, he will unload some of his scrips to take interim profits. This scenario plays out often enough for me to repeat it like I am reading a book.

 

Waaa..... I just posted only and so fast you saw it and replied ler.
You have some sort of beeper installed here somewhere on the ceiing or wall to inform you when I reply to your posting is it har?   

bystander1965      ( Date: 11-Dec-2020 21:51) Posted: Thanks for your insight. I have seen this many times(both ways, day low close also) but I don' t track very closely so I don' t know what normally happens after that. And I don' t record my observtions. So even if I saw I also won' t remember. Haha. wavehunter      ( Date: 11-Dec-2020 21:45) Posted: It happens all the time. Well, not all the time but often enough for me to say macam like it happens most of the time so much so until can say as good as all the time. Why does it happen ? My own take is - so that the price close at the day high (and quite often even at a new day high not seen during regular trading hrs but only during pre-closing) so that all the lots he bought today are in the money. Then next session he will engineer a gap up in the price plus push a few bids more very rapidly during the 1st minute of trading when the SELL queues are thin so that it is easy to push the price up very quickly. During this process, he will unload some of his scrips to take interim profits. This scenario plays out often enough for me to repeat it like I am reading a book.

 

Thanks for your insight. I have seen this many times(both ways, day low close also) but I don' t track very closely so I don' t know what normally happens after that. And I don' t record my observtions. So even if I saw I also won' t remember. Haha.

wavehunter      ( Date: 11-Dec-2020 21:45) Posted: It happens all the time. Well, not all the time but often enough for me to say macam like it happens most of the time so much so until can say as good as all the time. Why does it happen ? My own take is - so that the price close at the day high (and quite often even at a new day high not seen during regular trading hrs but only during pre-closing) so that all the lots he bought today are in the money. Then next session he will engineer a gap up in the price plus push a few bids more very rapidly during the 1st minute of trading when the SELL queues are thin so that it is easy to push the price up very quickly. During this process, he will unload some of his scrips to take interim profits. This scenario plays out often enough for me to repeat it like I am reading a book.  bystander1965      ( Date: 11-Dec-2020 17:39) Posted: Did you notice the post match gobbling up from 3.20 to 3.23? What' s your take on this

 

It happens all the time. Well, not all the time but often enough for me to say macam like it happens most of the time so much so
until can say as good as all the time. Why does it happen ? My own take is - so that the price close at the day high (and quite
often even at a new day high not seen during regular trading hrs but only during pre-closing) so that all the lots he bought today
are in the money. Then next session he will engineer a gap up in the price plus push a few bids more very rapidly during the 1st
minute of trading when the SELL queues are thin so that it is easy to push the price up very quickly. During this process, he will
unload some of his scrips to take interim profits. This scenario plays out often enough for me to repeat it like I am reading a book. 

bystander1965      ( Date: 11-Dec-2020 17:39) Posted: Did you notice the post match gobbling up from 3.20 to 3.23? What' s your take on this? wavehunter      ( Date: 11-Dec-2020 17:30) Posted: Both of you plus Bro Luzern have proven to be good at picking Mamasan' s bottom.

 

boss wave

i am very bad at buying in batches... i find it confusing (mentally) to buy in different prices.....

i will try your plan next time.. lets see if mamasan allows us to pick up later

wavehunter      ( Date: 11-Dec-2020 17:23) Posted: Towkay rotijai, Do the reverse next time. Platoon 1 ...... cheong in 25% provide artillery support to bombard the enemy to weaken their resistance first. Platoon 2 ........another 25% of tanks and armoured vehicles cheong in to provide armour support. Platoon 3....... your remaining 50% of infantry ground troops move in to comb the area and pick up POWs.  An alternative Battle Plan is buy 10% each time. After buying twice, observe a ceasefire and wait for U-Turn. When U-Turn comes, buy 50%. When U-Turn confirmed, buy the remaining.  rotijai      ( Date: 11-Dec-2020 17:08) Posted: lol boss bystander i bought half at 2.7x then another 25% at 2.6x then another 25% at high 2.5x... i was scared to buy more when it hit 2.50-2.51.... small bolas.. but again with my small bolas i already jumped ship last week.. so lets see...

 

Did you notice the post match gobbling up from 3.20 to 3.23? What' s your take on this?

wavehunter      ( Date: 11-Dec-2020 17:30) Posted: Both of you plus Bro Luzern have proven to be good at picking Mamasan' s bottom.    rotijai      ( Date: 11-Dec-2020 17:21) Posted: " thumbs up"

 

Both of you plus Bro Luzern have proven to be good at picking Mamasan' s bottom.   

rotijai      ( Date: 11-Dec-2020 17:21) Posted: " thumbs up" bystander1965      ( Date: 11-Dec-2020 17:11) Posted: Made $ £ be happy already. No right or wrong

 

Towkay rotijai,

Do the reverse next time.
Platoon 1 ...... cheong in 25% provide artillery support to bombard the enemy to weaken their resistance first.
Platoon 2 ........another 25% of tanks and armoured vehicles cheong in to provide armour support.
Platoon 3....... your remaining 50% of infantry ground troops move in to comb the area and pick up POWs. 

An alternative Battle Plan is buy 10% each time. After buying twice, observe a ceasefire and wait for U-Turn.
When U-Turn comes, buy 50%. When U-Turn confirmed, buy the remaining. 

rotijai      ( Date: 11-Dec-2020 17:08) Posted: lol boss bystander i bought half at 2.7x then another 25% at 2.6x then another 25% at high 2.5x... i was scared to buy more when it hit 2.50-2.51.... small bolas.. but again with my small bolas i already jumped ship last week.. so lets see...   bystander1965      ( Date: 11-Dec-2020 16:43) Posted: I don' t really trade and I am long on this counter. I entered when it was ding-dong-ing much earlier. My time horizon is quite far down the road, unless it decides to go crazy in the very near future. If you look at its behaviour, for years it just goes around 2.XX to about 4 and back. So when it crashded back to 2.XX earlier, it was a very good point of entry. Plus, I don' t buy break-out also. Looking at the chart, there is a gap between 3.22 - 3.25 as well, and it is heading into a rather congestion area.

 

" thumbs up"

bystander1965      ( Date: 11-Dec-2020 17:11) Posted: Made $ £ be happy already. No right or wrong. rotijai      ( Date: 11-Dec-2020 17:08) Posted: lol boss bystander i bought half at 2.7x then another 25% at 2.6x then another 25% at high 2.5x... i was scared to buy more when it hit 2.50-2.51.... small bolas.. but again with my small bolas i already jumped ship last week.. so lets see...

 

Made $ £ be happy already. No right or wrong.

rotijai      ( Date: 11-Dec-2020 17:08) Posted: lol boss bystander i bought half at 2.7x then another 25% at 2.6x then another 25% at high 2.5x... i was scared to buy more when it hit 2.50-2.51.... small bolas.. but again with my small bolas i already jumped ship last week.. so lets see...   bystander1965      ( Date: 11-Dec-2020 16:43) Posted: I don' t really trade and I am long on this counter. I entered when it was ding-dong-ing much earlier. My time horizon is quite far down the road, unless it decides to go crazy in the very near future. If you look at its behaviour, for years it just goes around 2.XX to about 4 and back. So when it crashded back to 2.XX earlier, it was a very good point of entry. Plus, I don' t buy break-out also. Looking at the chart, there is a gap between 3.22 - 3.25 as well, and it is heading into a rather congestion area.

 

lol boss bystander

i bought half at 2.7x then another 25% at 2.6x then another 25% at high 2.5x... i was scared to buy more when it hit 2.50-2.51.... small bolas..

but again with my small bolas i already jumped ship last week..

so lets see...
 

bystander1965      ( Date: 11-Dec-2020 16:43) Posted: I don' t really trade and I am long on this counter. I entered when it was ding-dong-ing much earlier. My time horizon is quite far down the road, unless it decides to go crazy in the very near future. If you look at its behaviour, for years it just goes around 2.XX to about 4 and back. So when it crashded back to 2.XX earlier, it was a very good point of entry. Plus, I don' t buy break-out also. Looking at the chart, there is a gap between 3.22 - 3.25 as well, and it is heading into a rather congestion area.   wavehunter      ( Date: 11-Dec-2020 16:33) Posted: Bro Kazerin, What do you think? Bro Bystander, What do you think ? If brave, buy when the next pullback ends

 

General Lucky,
 
Your friend will HUAT bigtime next week.
His more than 2000 lots bought at 3.20 now sitting on 3 cts profit.

SuperLuckyCorn      ( Date: 11-Dec-2020 16:47) Posted: Hmm.not sure why he want to buy at this price. Now i have to wait long long then can replenish my stocks at 3.0x   wavehunter      ( Date: 11-Dec-2020 16:21) Posted: General Lucky, I think your fren bought at 3.20. Not 3.21. Coz only 600+ lots done at 3.21. But at 3.20, more than 2500 lots done

 

it went up to my buying price actually.. but i still lose to currency differences..
zz..
i just need another 10-15 pips!

wavehunter      ( Date: 11-Dec-2020 16:40) Posted: The other one will be difficult, Bro KangChiangTowkay rotijai. rotijai      ( Date: 11-Dec-2020 16:33) Posted: zzz... it is real that this capland mamasan will revisit 3.2-3.24.... can someone push another land up for me to bail out....

 

Mamasan...

Monkey no give chance to us to board leow.....sob...sob.
Pre-opening she is back up at 3.23.
Next week.... 3.28-3.30.

 

Miss Rivers...

Stephen Chow appeared leow.
1.18 : 1.19.
1.19 support wall broke.


.

 

Thank you General SuperLuckyCorn.    Managed to off at 3.22 before your friend start selling.

SuperLuckyCorn      ( Date: 11-Dec-2020 16:45) Posted: He will hold. Though, against my wish...but hope u can Huat Huat. So it' s ok, call him to hold first. Call him to join this forum, join the TFAs. Then he can response faster.   Westlake      ( Date: 11-Dec-2020 16:32) Posted: Gen Luckycorn, Tell your friend not to sell first till I exit at 3.22....my apologies for staying in the way. When elephants fart, we ikan bilis better run first and run far away

 

Futures at -182.

 

Monkey shifted his BUY wall to 3.20...now 1357 lots there as solid as the Great Wall of China. 

wavehunter      ( Date: 11-Dec-2020 16:52) Posted: Mamasan, Monkey blocking at 3.19 with a BUY wall consisting of more than 900 lots there.

 

Mamasan,

Monkey blocking at 3.19 with a BUY wall consisting of more than 900 lots there. 

 

Haha I wished it was 2.50. I entered around 2.70. Then it went down to 2.50, was still thinking to add more but decided not to and added other counters (need bolas to hoot a dropping knife even though FA this gal is solid). But it has done much better than I expect. A bit too fast. So I pay a bit more attention.

wavehunter      ( Date: 11-Dec-2020 16:47) Posted: You bought at ding-dong range means you JEEP at the 2.50-series to 2.60-series. CONGRATS!!!    We saw the ding-dong too. But no bolas to buy. Bolas all shrank to raisins size.  bystander1965      ( Date: 11-Dec-2020 16:43) Posted: I don' t really trade and I am long on this counter. I entered when it was ding-dong-ing much earlier. My time horizon is quite far down the road, unless it decides to go crazy in the very near future. If you look at its behaviour, for years it just goes around 2.XX to about 4 and back. So when it crashded back to 2.XX earlier, it was a very good point of entry. Plus, I don' t buy break-out also. Looking at the chart, there is a gap between 3.22 - 3.25 as well, and it is heading into a rather congestion area.