Archive for August, 2008

intraday

29 August 2008, Friday at 7:57 pm · Filed under -mis ·Tagged , ,

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.

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sti hsi sse nik 20080829 eod

29 August 2008, Friday at 7:33 pm · Filed under dow, sse ·Tagged , ,

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

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indoAgri 20080828 eod. Still ugly!

28 August 2008, Thursday at 6:22 pm · Filed under indoAgri ·Tagged , ,

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
Last Trades Volume Bid Volume Mid Ask Volume
1.050 1 1,000 1,000 0 0
1.060 45 1,366,000 1,074,000 0 292,000
1.070 80 1,403,000 666,000 0 737,000
1.071 1 35,000 0 35,000 0
1.080 7 349,000 330,000 0 19,000
1.090 46 742,000 353,000 0 389,000
1.100 31 793,000 783,000 0 10,000
1.110 23 441,000 225,000 0 216,000
1.120 16 282,000 256,000 0 26,000
1.130 24 342,000 219,000 0 123,000
1.140 88 1,755,000 1,227,000 0 528,000
1.150 65 1,132,000 414,000 0 718,000
1.160 2 13,000 0 0 13,000
TOTAL 429 8,654,000 5,548,000 35,000 3,071,000

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.  :-)

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indoAgri 20080827 eod. No more ugly?

28 August 2008, Thursday at 1:47 am · Filed under indoAgri ·Tagged , ,

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

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biosensor 20080827 eod

27 August 2008, Wednesday at 9:49 pm · Filed under biosensor ·Tagged , ,

“biosensor 20080826“
“Biosensor
level: 565 610 630″

“biosensor 20080827 sold 605“

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

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portek 20080827 eod. Crane it higher

27 August 2008, Wednesday at 7:02 pm · Filed under portek ·Tagged , ,

“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

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sti hsi sse nikkei 20080827 eod. SSE afloat soon?

27 August 2008, Wednesday at 6:54 pm · Filed under sse ·Tagged , ,

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.

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biosensor 20080827 sold 605

27 August 2008, Wednesday at 2:44 pm · Filed under biosensor ·Tagged , ,

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

“biosensor 20080826“

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DBS, OCBC, UOB. Banks to bang STI lower?

27 August 2008, Wednesday at 1:49 am · Filed under dbs, fibonacci, ocbc, triangle, uob ·Tagged , ,

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.

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biosensor 20080826

26 August 2008, Tuesday at 9:42 pm · Filed under biosensor, girs (green in red sea)/ rigs (red in green sea), trade summary ·Tagged , ,

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
Last Trades Volume Bid Volume Mid Ask Volume
0.525 4 275,000 250,000 0 25,000
0.530 47 1,206,000 518,000 0 688,000
0.535 9 435,000 391,000 0 44,000
0.540 5 125,000 15,000 0 110,000
0.545 4 192,000 0 0 192,000
0.550 7 150,000 0 0 150,000
0.555 2 155,000 0 0 155,000
0.560 3 50,000 10,000 0 40,000
0.565 39 689,000 580,000 0 109,000
0.570 40 964,000 448,000 0 516,000
0.572 3 60,000 0 60,000 0
0.574 1 18,000 0 18,000 0
0.575 36 1,156,000 291,000 0 865,000
0.580 46 1,076,000 568,000 0 508,000
0.585 42 1,319,000 208,000 0 1,111,000
0.590 39 1,580,000 145,000 0 1,435,000
0.595 33 1,836,000 145,000 0 1,691,000
TOTAL 360 11,286,000 3,569,000 78,000 7,639,000

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

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