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5 to 8 is also quite a lot.
I only uses 3. Moving Average, MACD and Candlesticks.
And I'm still thinking of dumping MACD.
The funny thing is that... The less I use, the better I get.
Actually, there is a saying that Indicators were released by the BBs to confuse and set up traps for retail buyers.
eastcivic ( Date: 28-Jun-2011 12:02) Posted:
i also agree that if one uses too many tools, indicators, formulae, it may just cloud his/her mind.
therefore i think use about 5-8 would be comfortable enough? or maybe 10? i'm not too sure 
eastcivic ( Date: 28-Jun-2011 11:59) Posted:
| not expect stocks to conform to such rules, just that i like to use indicators, formulae to help increase the probability of getting a good price and also increase the probability of following the trend |
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Life can be lived simply...
Or, one can also make it as complicated as one likes...
i also agree that if one uses too many tools, indicators, formulae, it may just cloud his/her mind.
therefore i think use about 5-8 would be comfortable enough? or maybe 10? i'm not too sure
eastcivic ( Date: 28-Jun-2011 11:59) Posted:
not expect stocks to conform to such rules, just that i like to use indicators, formulae to help increase the probability of getting a good price and also increase the probability of following the trend.
iPunter ( Date: 28-Jun-2011 11:51) Posted:
Try some simple lines,
the simpler the system, the better...
Why create unnecessary problems ?...
But if one likes to study indicators,
formulae and mechanical or scientific
stuff purely for academic reasons,
then by all means do it... But to expect
stocks to conform to such rules is folly..
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not expect stocks to conform to such rules, just that i like to use indicators, formulae to help increase the probability of getting a good price and also increase the probability of following the trend.
iPunter ( Date: 28-Jun-2011 11:51) Posted:
Try some simple lines,
the simpler the system, the better...
Why create unnecessary problems ?...
But if one likes to study indicators,
formulae and mechanical or scientific
stuff purely for academic reasons,
then by all means do it... But to expect
stocks to conform to such rules is folly..
eastcivic ( Date: 28-Jun-2011 11:22) Posted:
hmmm ok so can i ask what tools do you use to find the right prices?
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So we should just feel a stock's pulse and tikam is that wat you mean?
iPunter ( Date: 28-Jun-2011 11:51) Posted:
Try some simple lines,
the simpler the system, the better...
Why create unnecessary problems ?...
But if one likes to study indicators,
formulae and mechanical or scientific
stuff purely for academic reasons,
then by all means do it... But to expect
stocks to conform to such rules is folly..
eastcivic ( Date: 28-Jun-2011 11:22) Posted:
hmmm ok so can i ask what tools do you use to find the right prices?
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You may also like to know that his (200MA's) friends, 50MA and 100MA are also converging there as well
rotijai ( Date: 28-Jun-2011 11:36) Posted:
1.98-2 is a strong resistance..
i dunno about 2.04 (since bintang pointed out tat it's the 200 ma resistance, i havent taken a look at it yet)
eplepl ( Date: 28-Jun-2011 11:35) Posted:
if clear 1.97 very goodm but 1.98 or 1.99 then confirmed uptrend.....
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Try some simple lines,
the simpler the system, the better...
Why create unnecessary problems ?...
But if one likes to study
indicators, formulae and mechanical or scientific stuff purely for academic reasons,
then by all means do it... But to expect
stocks to conform to such rules is folly..
eastcivic ( Date: 28-Jun-2011 11:22) Posted:
hmmm ok so can i ask what tools do you use to find the right prices?
iPunter ( Date: 28-Jun-2011 11:17) Posted:
I wouldn't spend so much time and energy
analysing the sticks...
I'd prefer to simply to place
my bets at the right prices...
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i looking for opportunities to buy in some more
rotijai ( Date: 28-Jun-2011 11:36) Posted:
1.98-2 is a strong resistance..
i dunno about 2.04 (since bintang pointed out tat it's the 200 ma resistance, i havent taken a look at it yet)
eplepl ( Date: 28-Jun-2011 11:35) Posted:
if clear 1.97 very goodm but 1.98 or 1.99 then confirmed uptrend.....
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Frankly, I am not all that focused on SAR right now, its just in my watch list for the sake of being there. I'll take glances every other day and will only look further if the price/range interest me. Mondays $2.8+ just happened to catch my eye and I 'rashly' placed a small 'bet'. Only half a pocket of candies
Gaecia ( Date: 28-Jun-2011 11:14) Posted:
So how would you know at 2.88 on actual last Thurs whether sar is making a top or bottom? Becos it bounced off that level of support at end at 2.93, most people will tend to think it is trying to bottom out.
artng25 ( Date: 28-Jun-2011 11:06) Posted:
| Just sharing, from what I've read, hammers should only make some kind of sense if it appears at the bottom of the charts just like shooting stars should only have some kind of implication if its at the top of the chart. Thank goodness i was out the whole of Frida |
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1.98-2 is a strong resistance..
i dunno about 2.04 (since bintang pointed out tat it's the 200 ma resistance, i havent taken a look at it yet)
eplepl ( Date: 28-Jun-2011 11:35) Posted:
if clear 1.97 very goodm but 1.98 or 1.99 then confirmed uptrend.....
rotijai ( Date: 28-Jun-2011 11:05) Posted:
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if clear 1.97 very goodm but 1.98 or 1.99 then confirmed uptrend.....
rotijai ( Date: 28-Jun-2011 11:05) Posted:
Good move !
congras :)
eastcivic ( Date: 28-Jun-2011 10:56) Posted:
ya it might be rallying all the way to 2.40......
but selling half at 1.96 is me sticking to my trading plan |
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what is the right price for you ? and your exit price for cosco ?
iPunter ( Date: 28-Jun-2011 11:17) Posted:
I wouldn't spend so much time and energy
analysing the sticks...
I'd prefer to simply to place
my bets at the right prices...
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lol all so humble....
rotijai ( Date: 28-Jun-2011 11:23) Posted:
me? eh i think i am the youngest and the noobest here.. n also i am in the most -ve in trading here..
i think i am fit to be four heavenly students here ? :P
eastcivic ( Date: 28-Jun-2011 11:19) Posted:
can la! you, juicy, roti and ipunter!
four heavenly kings/queens |
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Ya, may cut my losses and direct the fund to CoscoCorp.
Gaecia ( Date: 28-Jun-2011 11:23) Posted:
Your sembcorp marine.
alexchia01 ( Date: 28-Jun-2011 11:22) Posted:
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me? eh i think i am the youngest and the noobest here.. n also i am in the most -ve in trading here..
i think i am fit to be four heavenly students here ? :P
eastcivic ( Date: 28-Jun-2011 11:19) Posted:
can la! you, juicy, roti and ipunter!
four heavenly kings/queens
Gaecia ( Date: 28-Jun-2011 11:18) Posted:
ec, i don't make the cut.
You need juicy or roti, they can do it!
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Your sembcorp marine.
alexchia01 ( Date: 28-Jun-2011 11:22) Posted:
What is S51?
Gaecia ( Date: 28-Jun-2011 11:19) Posted:
| wow.. s51 dropped so much.. |
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What is S51?
Gaecia ( Date: 28-Jun-2011 11:19) Posted:
| wow.. s51 dropped so much.. |
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hmmm ok so can i ask what tools do you use to find the right prices?
iPunter ( Date: 28-Jun-2011 11:17) Posted:
I wouldn't spend so much time and energy
analysing the sticks...
I'd prefer to simply to place
my bets at the right prices...
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so that 2 more days bbs can engineer a cheong from a low point is it?
Gaecia ( Date: 28-Jun-2011 11:19) Posted:
| wow.. s51 dropped so much.. |
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Not only must place at the right price.
Must also place at the right counter at the right time.
iPunter ( Date: 28-Jun-2011 11:17) Posted:
I wouldn't spend so much time and energy
analysing the sticks...
I'd prefer to simply to place
my bets at the right prices...
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