Buddies know that i trade fast. Faster one, is about 40minutes, yeah la, with profit. For $losing trade, i guess i can do within 5seconds, though i have short fingers. Wahaha..
Surely, time is no longer so rosey for us to have easy winning trades in today’s context.
[29/08/08](11:55 AM): Why we seldom in tis “up2sky” trades, but often in “down2hell” trades? Wahaha..
My preference, in this environment, is:
intraday long/short for stock between $1~$4.
How to identify entry?
For eg: Cosco chart, 5min
Read that chart from left to right, while the minutes pass.
When such setup appears again, you know how to identify?
(reversed rules apply to intraday short)
TGIF. Cheers.
posted 20080829 0756pm sg
==========
added 20080830 0813pm sg
Here is the probable summary (yeah le, too many to say at one go le. wahaha..):
@ Before trading hours, we shall have the “perceived” trend in mind on:
(1) index, (2) stocks we are familiar with & intending to trade with.
Why the word “perceived”?
Do remem: the trend now, is no trend, for longer timeframe.
Thus, be very prepared to act according to intra trend.
@ When taking position at open:
Use 3P: (1) last close price, (2) today open price, (3) current trade price
@ When taking position as minutes progress:
(reversed rules apply to intraday short)
Take into consideration: AB & WAP (weighted avg price)
@ Entry & exit basics, in order of importance:
(1) price: this is the single most vital element
long, cover short: higher high higher low
short, exit long: lower high lower low
(2) volume: volume can be led by price
(3) indicators: indicators base on past price. Thus, to me, all indicators are lagging.
Filed under: dow, sse | Tags: singapore stock, stock Singapore, stocks
20080827 “sti hsi sse nikkei 20080827 eod. SSE afloat soon?“
“SSE:
IMOV, SSE may have rebound in making.
China stocks will be back in my radar for next few days.
Yeas, some stocks have shown the signs of trend reversal.
i’ll monitor & act accordingly, i don’t mind to buy at slightly higher price.
The vital stuff: better reward-risk ratio.”
20080829
It has happened. Surely, Dow’s +212 last night helps too.
Pointless to go to details on how i had such view on 20080827.
A fast figures:
20080829 eod
| Index | Last | Change | % | High | Low | Time |
|---|---|---|---|---|---|---|
| STI | 2739.95 | 48.95 | 1.82% | 2739.95 | 2716.79 | 17:10:04 |
| Hang seng | 21293.30 | 321.01 | 1.53% | 21474.31 | 21223.99 | 16:00:02 |
| Nikkei 225 | 13072.87 | 304.62 | 2.39% | 13079.37 | 12918.49 | 15:00:39 |
| SSE | 2397.37 | 47.23 | 2.01% | 2420.85 | 2352.10 | 15:00:22 |
20080828 eod
| Index | Last | Change | % | High | Low | Time |
|---|---|---|---|---|---|---|
| Dow | 11715.18 | 212.67 | 1.85% | 11715.18 | 11499.79 | 16:04:08 |
| NASDAQ | 2411.64 | 29.18 | 1.22% | 2412.84 | 2388.55 | 16:00:17 |
| S&P 500 | 1300.67 | 19.01 | 1.48% | 1300.67 | 1283.79 | 16:07:59 |
posted 20080829 0733pm sg
Filed under: indoAgri | Tags: singapore stock, stock Singapore, stocks
20080827 “indoAgri 20080827 eod. No more ugly?“
20080828
| Day High: | 1.160 | Net Change: | -0.060 | Total Value: | 9,555,110 |
| Day Low: | 1.050 | Last Done: | 1.060 | Volume: | 8,654,000 |
| Weighted Avg Price: | 1.1041 | Last Done Price: | 1.060 |
| Spread/Price Ratio: | -1.0000 | Avg Trade Size: | 20,172.494 |
|
A wild day:
long:
| ORDER NO | STOCK SYMBOL | STOCK NAME | STATUS | R | F | BUY / SELL | PRICE (S) | PRICE (E) | QTY (S) | QTY (E) | TIME (S) | TIME (R) |
| 72109 | IARS.SG | IndoAgri | Done | Buy | 1.14 | 1.14 | Aug 28 2008 9:10AM | Aug 28 2008 9:10AM |
cut & double-short:
| ORDER NO | STOCK SYMBOL | STOCK NAME | STATUS | R | F | BUY / SELL | PRICE (S) | PRICE (E) | QTY (S) | QTY (E) | TIME (S) | TIME (R) |
| 82645 | IARS.SG | IndoAgri | Done | Sell | 1.12 | 1.12 | Aug 28 2008 2:45PM | Aug 28 2008 2:45PM |
| Sel | Name | Ccy | Action | Price | Qty | Qty Filled | Balance | Status | Settle Ccy | Mode | Trade Time | Order No | Submit Time |
| IndoAgri | SGD | Sell | 1.100 | F | SGD | Cash | 28-08-2008 14:51:13 | NH02MFD | 28-08-2008 14:51 |
cover short:
| Sel | Name | Ccy | Action | Price | Qty | Qty Filled | Balance | Status | Settle Ccy | Mode | Trade Time | Order No | Submit Time |
| IndoAgri | SGD | Buy | 1.070 | F | SGD | Cash | 28-08-2008 16:10:28 | NH03A0E | 28-08-2008 16:10 |
indoAgri, still ugly!
From long, to cut, to short, to cover, $ in pocket, still swee. 
Filed under: indoAgri | Tags: singapore stock, stock Singapore, stocks
indoAgri
20080628 dc2.87
20080827 dc1.12
With wrong entry timing, hold stock, may burn a hole, 50% gone in just 2months.
indoAgri chart:
30min:
1hour:
daily:
Stoch: in <20% zone for about 2 months, nothing unusual for such down downn downnn stock.
MACD: +ve divergence since 20080814, this caught my 2nd look
IndoAgri may have rebound in place.
Remem:
(1) macd +ve divergence alone doesn’t indicate trend reversal
(2) monitor price movement, volume
(3) bottom fishing with no proper SL, is very dangerous, like commit suicide
Filed under: biosensor | Tags: singapore stock, stock Singapore, stocks
“biosensor 20080826“
“Biosensor
level: 565 610 630″
biosensor 20080827 eod
biosensor chart:
| Day High: | 0.610 | Net Change: | 0.020 | Total Value: | 4,880,235 |
| Day Low: | 0.570 | Last Done: | 0.605 | Volume: | 8,199,000 |
| Weighted Avg Price: | 0.5952 | Last Done Price: | 0.605 |
| Spread/Price Ratio: | 1.0000 | Avg Trade Size: | 33,602.459 |
|
Last
|
Trades | Volume | Bid Volume | Mid | Ask Volume | AB | hi3 | avg trade | hi3 |
| 0.57 | 1 | 20,000 | 20,000 | 0 | 0 | 0.00 | 20,000 | ||
| 0.575 | 6 | 95,000 | 46,000 | 0 | 49,000 | 1.07 | 15,833 | ||
| 0.576 | 1 | 50,000 | 0 | 50,000 | 0 | #DIV/0! | 50,000 | ||
| 0.58 | 12 | 440,000 | 340,000 | 0 | 100,000 | 0.29 | 36,667 | * | |
| 0.585 | 40 | 1,457,000 | 708,000 | 0 | 749,000 | 1.06 | 36,425 | ||
| 0.59 | 44 | 1,215,000 | 680,000 | 0 | 535,000 | 0.79 | 27,614 | ||
| 0.595 | 40 | 1,021,000 | 216,000 | 0 | 805,000 | 3.73 | * | 25,525 | |
| 0.6 | 56 | 1,879,000 | 459,000 | 0 | 1,420,000 | 3.09 | * | 33,554 | |
| 0.605 | 34 | 1,457,000 | 611,000 | 0 | 846,000 | 1.38 | 42,853 | * | |
| 0.61 | 10 | 565,000 | 102,000 | 0 | 463,000 | 4.54 | * | 56,500 | * |
| TOTAL | 244 | 8,199,000 | 3,182,000 | 50,000 | 4,967,000 | ||||
| 1.56 | 33,602 |
i cannot emphasize enough how fibo plays such a pivotal role in my trades.
What’s the figure in fibo23? .610, right?
Close toay? .610, right?
Another coincidence? Em, perhaps. 您信，它就在；您不信，它就不在。 Wahaha…
Will it go higher? If break 610 +VOL
What i dislike? Volume today is not higher.
Biosensor level: 565 610 630 655
Note: 越高越冷. The higher it goes, the more danger it has.
==========
(27/08/08 4:27:48 PM): MAY still go higher
(27/08/08 4:27:50 PM): i wait 615
==========
posted 20080827 0949pm sg
Filed under: portek | Tags: singapore stock, stock Singapore, stocks
“portek 20080825 eod. Crane it up“
“20080825
po..050(conser),..075(opti)
po-tp:665(conser),..690(opti)
tr.620+VOL”
portek 20080827 another surge
20080827
po..040(conser),.050(opti)
po-tp.695(conser),.715(opti)
tr.670+VOL
portek chart:
Portek had 3 flag poles:
1st: .505-550 20080801
2nd: .565-.615 20080825
3rd: .615-.655 20080827 today.
Will it run more?
Chart wise: gotta see if the subsequent breakout 660,670, is with volume.
i dont really like the stoch movement, i say: suckish.
News wise: yeah, you bet, some nice rumour around.
Since we dont have such info, gotta see how conso & breakout develop.
Note: 越高越冷. The higher it goes, the more danger it has.
posted 20080827 0702pm sg
Filed under: sse | Tags: singapore stock, stock Singapore, stocks
sti hsi sse nikkei 20080827 eod
| Index | Last | Change | % | High | Low | Time |
|---|---|---|---|---|---|---|
| STI | 2705.09 | -2.10 | -0.08% | 2711.46 | 2688.39 | 17:10:04 |
| Hang seng | 21464.72 | 408.06 | 1.94% | 21464.72 | 21104.56 | 16:10:31 |
| Nikkei 225 | 12752.96 | -25.75 | -0.2% | 12783.63 | 12681.98 | 15:00:47 |
| SSE | 2342.15 | -7.94 | -0.34% | 2385.99 | 2310.45 | 15:00:19 |
HSI:
SSE:
IMOV, SSE may have rebound in making.
China stocks will be back in my radar for next few days.
Yeas, some stocks have shown the signs of trend reversal.
i’ll monitor & act accordingly, i don’t mind to buy at slightly higher price.
The vital stuff: better reward-risk ratio.
Filed under: biosensor | Tags: singapore stock, stock Singapore, stocks
biosensor 20080827 sold 605
| Sel | Name | Ccy | Action | Price | Qty | Qty Filled | Balance | Status | Settle Ccy | Mode | Trade Time | Order No | Submit Time |
| Biosensors | SGD | Sell | 0.605 | F | SGD | Cash | 27-08-2008 14:29:15 | N1003UU | 26-08-2008 17:07:08 |
Filed under: dbs, fibonacci, ocbc, triangle, uob | Tags: stock Singapore, stocks, singapore stock
Noon, when on road to have kopi with clients, on radio, an analyst 愛拿你死 talked about bank stocks downside.
Evening, a friend text me, extracted “[26/08/08](5:08 PM): Think selldown is coming very soon and very fast, so no long position pls. XXX will be the main trigger.”
There are 3 banks as STI component stocks:
D05.SI DBS
O39.SI OCBC Bk
U11.SI UOB
1 sell, 2 sell, 3 sell, em, perhaps, STI may touch 2666 pretty fast.
Since bank stocks become so cold now, attache charts here:
DBS chart:
DBS dashed down ahead of the other 2
OCBC chart:
OCBC slides below 811 shortterm fibo38, close 8.00 at fibo50
OCBC level: g7.82-7.75(20080324-20), 7.58 fib61
UOB chart:
UOB dl18.78 just slightly above 1875 shortterm fibo38, close 18.84 at fibo50 (well, again, another fibo coincidence? Know why i love fibo so much?)
UOB level: 18.40, 17.59 fibo61
Despite the talk about bank stocks downside, take note:
(1) volume is getting thinner with the selling for DBS & OCBC, volume is bigger for UOB though
(2) stoch is kinda low (especially DBS)
Thus, for shortterm, be cautious of short squeeze.
Remem, suddenly, so many people talk about bank stock downside. All stock await to be shorted?
天下有那么容易的呆計(hokkien)?
Watch trendline very carefully before taking short position, preferably triggered with higher-than-usual volume.
Side track, an analyst said “吃飯，不打包“, ie, do intra when trade in current market. A good advice, IMOV.
Filed under: biosensor, girs (green in red sea)/ rigs (red in green sea), trade summary | Tags: singapore stock, stock Singapore, stocks
BIOSENSOR 20080826 eod
| Day High: | 0.595 | Net Change: | 0.055 | Total Value: | 6,453,370 |
| Day Low: | 0.525 | Last Done: | 0.585 | Volume: | 11,286,000 |
| Weighted Avg Price: | 0.5718 | Last Done Price: | 0.585 |
| Spread/Price Ratio: | 1.0000 | Avg Trade Size: | 31,350 |
|
Entry: 585, 595 (yeas, DH & recent high) The “ideal” entry was 565+1bid.
Entry reason:
(1) Nikkei recovered the morning lost ground when closed at 2pm sg time
(2) rare green in red sea
(3) high AB 585 590 595
Biosensor
level: 565 610 630
posted 20080826 0942pm sg
