Stocks poised to bounce

Poised to bounce!

MACD: starting to go green

RSI & Stoch: at almost zero level.

Itchy Muka: at cloud support level.

BEST BUY scenario!

Some stocks are heavy for serious bullish buy confirmation

If tomolos price open at 0.545 (opens above cloud), it's a confirm BOOM BOOM BUY! Impending rally explosion, huh!

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Another one is FABER! Chikou poised to penetrate narrowest part of Kumo Span. If tomolo price open 1.475 then its BOOM BOOM RALLY TIME!

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Yet another one is Zelan but it still has a long way to go.... or is it a hort trip to the bank? Anyway, have to pass some hurdles before emerging above the clouds.

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And another one is MTRONIC. This one is a shady stock so be careful. The price action is just breaking thru the clouds.... yeah..... will it BOOM BOOM TEBABOOOWW !!!!!?? Cindy and the Cats decide I guess.... hekhekhekhekhekhek......

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Found another one! DUTALAND! See for your self:

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And another one! PANTECHHH! I'm giving you a good run for your money here man!

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Today's quote:

"Clouds often exhibit flat tops and bottoms. When price nears these areas, the cloud often exerts a gravitational pull and sucks the price in to it. Many of the resistance tests were to flat cloud bottoms. A smart trader will be extra careful to not jump automatically in a breakout near a flat top/bottom."

Black Magic and Suppa Powwah of the Itchy Muka...

Extrax oni.... no pdf available for download.

Mr. Itchy Muka preparing for KLSE Shootout session. Muka damn tense!!

Okehhh.... here we go:

1. Visualize Tenkan Sen and Kijun Sen as a cloud by itself = Kumo Sen 

2. Span A and Span B as = Kumo Span

3. Chikou Span

4. Price test Tenkan Sen as support.

5. When price is far away from Tenkan (TS) and Kijun (KS), it is not stable and will approach them back ASAP for stability:

6. When TS and KS very close or become 'Sword Sen' = price very stable + trend very strong. When moving away from each other, unstable and weak trend:

7. Horizontally TS and KS as one line or narrow = trend extremely weak. Waiting for one big effin explosion to happen

8. KS Magnetic Power = price candles attracted to flat KS (like some magic trick, huh!)

9. Kumo wide = weak trend. Kumo narrow = strong trend

10. The Kumo Sen and Kumo Span acts as support / resistance for Chikou Span:

11. Chikou Span most probably penetrate the narrow part of Kumo Sen and Kumo Span. Useful for identifying / confirming breakout.

12. Pic below:

          1 - Chikou between Kumo Sen and Kumo Span

          2 - Chikou supported by Kumo Span and penetrate Kumo Span at narrowest site

          3 - Kumo Sen as one line break above narrowest Kumo Span

          4 - All 5 line move in one direction at same time

FRIGGIN MAGICAL PATTERN FOR A CONFIRMED BREAKOUT!!

13. Some relationships:

14. Sometime Chikou penetrates thick Kumos = strong trend overcoming strong resistance

My 2 preferred TA indicators for KLSE stock are....

As you can see from the previous post, it's:

1. Itchy Muka Kinky Hai-O
2. The Highly Revered 'Kangkung Kross'

Beginning from today, all my stock picks are based upon these 2 indicators. Let's see if they can make me some money.

Kangkung Kross enter/exit at what moving average?

Hmm....Kangkung Kross method special. 3 MAs:

1. MA 7

2. MA 12

3. MA 26

KK, Turbo KK and Super Turbo KK.

Simple and effective? Works like magic.

THE KANGKUNG KROSS!! DAAAAHAAAAAYUUUMMMMMM!!!

ichimoku kinko hyo wiki pdf download

Ichimoku Kinko Hyo Kumite...... Hait! Banzaiiii Bakayarooooohhh!!

IchimokuWiki.pdf

Golden chicken McNuggets

Dow Theory was not presented as one complete amalgamation, but rather pieced together from the writings of Haji Mat Dow over several years. Of the many theorems put forth by Dow, three stand out:

• Price Discounts Everything
• Price Movements are not Totally Random
• What is More Important than Why
  

Price Discounts Everything: This theorem is similar to the strong and semi-strong forms of market efficiency. Technical analysts believe that the current price fully reflects all information. Because all information is already reflected in the price, it represents the fair value and should form the basis for analysis. After all, the market price reflects the sum knowledge of all participants, including traders, investors, portfolio managers, buy-side analysts, sell-side analysts, market strategist, technical analysts, fundamental analysts and many others. It would be nasty to disagree with the price set by such an impressive array of dodos with impeccable credentials. Technical analysis utilizes the information captured by the price to interpret what the market is saying with the purpose of forming a view on the future.

Prices Movements are not Totally Random: Most disgruntled technicians agree that prices trend. However, most technicians also acknowledge that there are periods when prices do not trend. If prices were always random, it would be extremely difficult to make money using technical analysis. In his book, Tok Schwager on Futures: Technical Analysis, Haji Mat Schwager states:

"One way of viewing it is that markets may witness extended periods of random fluctuation, interspersed with shorter periods of dodol behavior. The goal of the flamboyant chartist is to identify those profitable periods (i.e. major trends)."

A chiki boom technician believes that it is possible to identify a trend, invest or trade based on the trend and make money as the trend unfolds. Because technical analysis can be applied to many different timeframes, it is possible to spot both short-term and long-term trends. The IBM chart illustrates Haji Mat Schwager's view on the nature of the trend. The broad trend is up, but it is also interspersed with trading ranges. In between the trading ranges are smaller uptrends within the larger uptrend. The uptrend is renewed when the stock breaks above the trading range. A downtrend begins when the stock breaks below the low of the previous trading range.

What is more Important than Why: In his book, The Psychology of Technical Analysis, Haji Mat Plummer paraphrases Haji Mat Wilde by stating, "A technical analyst knows the price of everything, but the value of nothing, except curry puffs". Stock technicians, as technical analysts are called, are only concerned with two sentimental things:

1. What is the current price?
2. What is the history of the price movement?
   

The price is the end result of the battle between the forces of supply and demand for the company's lousy stock. The objective of analysis is to forecast the direction of the future price. By focusing on price and only price, technical analysis represents a direct but not so direct approach. Fundamentalists are concerned with why the price is what it is. For technicians, the why portion of the equation is too broad and many times the fundamental reasons given are highly suspect of a high octane soap opera. Technicians believe it is best to concentrate on what and never mind the bloody why. Why did the price go up? It is simple, more buyers (demand) than sellers (supply). After all, the value of any asset is only what someone is willing to pay for it. Who needs to know why? I'll tell you who. It's Haji Mat Ghanjo.

Chart Analysis

Technical analysis can be as complex or as simple as you want it. The example below represents a simplified but cornish version. Since we are interested in buying them stocks, the focus will be on spotting bullish situations.

Overall Trend: The first step is to identify the overall hoo-haa trend. This can be accomplished with trendlines, moving averages or peak/trough analysis. As long as the price remains above its uptrend line, selected moving averages or previous lows, the trend will be considered bullish.

Support: Areas of congestion or previous lows below the current price mark support levels. A break below support would be considered bearish.

Resistance: Areas of congestion and previous highs above the current price mark the resistance levels. A break above resistance would be considered bullish.

Momentum: Momentum is usually measured with an oscillator such as MACD. If MACD is above its 9-day EMA (exponential moving average) or positive, then momentum will be considered bullish, or at least improving.

Buying/Selling Pressure: For stocks and indices with volume figures available, an indicator that uses volume is used to measure buying or selling pressure. When Chaikin Money Flow is above zero, buying pressure is dominant. Selling pressure is dominant when it is below zero.

Relative Strength: The price relative is a line formed by dividing the security by a benchmark. For stocks it is usually the price of the stock divided by the S&P 500. The plot of this line over a period of time will tell us if the stock is outperforming (rising) or underperforming (falling) the major index.

The final step is to synthesize the above analysis to ascertain the following:

• Strength of the current trend.
• Maturity or stage of current trend.
• Reward to risk ratio of a new position.
• Potential entry levels for new long position.

Top-Down Technical Analysis

For each segment (market, sector and stock), an investor would analyze long-term and short-term charts to find those that meet specific criteria. Analysis will first consider the market in general, perhaps the S&P 500. If the broader market were considered to be in bullish mode, analysis would proceed to a selection of sector charts. Those sectors that show the most promise would be singled out for individual stock analysis. Once the sector list is narrowed to 3-4 industry groups, individual stock selection can begin. With a selection of 10-20 stock charts from each industry, a selection of 3-4 of the most promising stocks in each group can be made. How many stocks or industry groups make the final cut will depend on the strictness of the criteria set forth. Under this scenario, we would be left with 9-12 stocks from which to choose. These stocks could even be broken down further to find the 3-4 of the strongest of the strong.

Focus on Price: If the objective is to predict the future price, then it makes sense to focus on price movements. Price movements usually precede fundamental developments. By focusing on price action, technicians are automatically focusing on the future. The market is thought of as a leading indicator and generally leads the economy by 6 to 9 months. To keep pace with the market, it makes sense to look directly at the price movements. More often than not, change is a subtle beast. Even though the market is prone to sudden knee-jerk reactions, hints usually develop before significant moves. A technician will refer to periods of accumulation as evidence of an impending advance and periods of distribution as evidence of an impending decline.

Supply, Demand, and Price Action: Many technicians use the open, high, low and close when analyzing the price action of a security. There is information to be gleaned from each bit of information. Separately, these will not be able to tell much. However, taken together, the open, high, low and close reflect forces of supply and demand.

The annotated example above shows a stock that opened with a gap up. Before the open, the number of buy orders exceeded the number of sell orders and the price was raised to attract more sellers. Demand was brisk from the start. The intraday high reflects the strength of demand (buyers). The intraday low reflects the availability of supply (sellers). The close represents the final price agreed upon by the buyers and the sellers. In this case, the close is well below the high and much closer to the low. This tells us that even though demand (buyers) was strong during the day, supply (sellers) ultimately prevailed and forced the price back down. Even after this selling pressure, the close remained above the open. By looking at price action over an extended period of time, we can see the battle between supply and demand unfold. In its most basic form, higher prices reflect increased demand and lower prices reflect increased supply.

Support/Resistance: Simple chart analysis can help identify support and resistance levels. These are usually marked by periods of congestion (trading range) where the prices move within a confined range for an extended period, telling us that the forces of supply and demand are deadlocked. When prices move out of the trading range, it signals that either supply or demand has started to get the upper hand. If prices move above the upper band of the trading range, then demand is winning. If prices move below the lower band, then supply is winning.

Pictorial Price History: Even if you are a tried and true fundamental analyst, a price chart can offer plenty of valuable information. The price chart is an easy to read historical account of a security's price movement over a period of time. Charts are much easier to read than a table of numbers. On most stock charts, volume bars are displayed at the bottom. With this historical picture, it is easy to identify the following:

• Reactions prior to and after important events.
• Past and present volatility.
• Historical volume or trading levels.
• Relative strength of a stock versus the overall market.
  

Assist with Entry Point: Technical analysis can help with timing a proper entry point. Some analysts use fundamental analysis to decide what to buy and technical analysis to decide when to buy. It is no secret that timing can play an important role in performance. Technical analysis can help spot demand (support) and supply (resistance) levels as well as breakouts. Simply waiting for a breakout above resistance or buying near support levels can improve returns.

It is also important to know a stock's price history. If a stock you thought was great for the last 2 years has traded flat for those two years, it would appear that Wall Street has a different opinion. If a stock has already advanced significantly, it may be prudent to wait for a pullback. Or, if the stock is trending lower, it might pay to wait for buying interest and a trend reversal. Developing a style takes time, effort and dedication, but the rewards can be bloody significant.

top stock picks for 15th October 2012

INIX - 0.16

PREMIER - 0.365

HEAR MY TRAIN A COMINNNNNNNNN !

super penny stock tips. sure win wan.

LET'S GO TO HOLLAND!

what ever happen to all my predictions? all go south aredi aaa? haiyooo... how aaa...

OK never mind la hor... here are some cip cip vardigoal sa'ud stock for ebribadi to konsider:

*ifcamsc - buy 7 sen. profit comp!

*novamsc - buy oni when 6 sen. profit comp!

*priva - buy oni when 6 sen. profit comp!

gsb - buy oni when 6.5 sen. profit comp!

eduspec - buy at 5 sen. profit comp!

ingenco - buy 8 sen. profit comp! but goreng at same time, wow!

connect - buy @ 7.5 sen profit comp!

ptb - buy @ 6.5 sen. profit comp!

pmcorp - buy 8.5 sen profit comp!

extol - buy @ 7-7.5 sen profit comp!

systech - buy 9 sen @ rikavering

esceram - buy 8 sen - rikavering

pdz - buy at 7.5 sen - rikavering seen

utopia - buy oni when 6.5 sen - rikavering

gpa - buy oni when 7 sen - rikavering konter

rgb - buy when 6 sen - rikavering konter

ifca wa?

esceram wa?

dbe wa?

hwaaaa quite a lot aaa... so u do research and pick 4-5 stock each wan u throw like lets say 5k and then when stock go up 2 sen you become rich oso wat!

so the big tip is... when klse index drop really bad ha, you get ready some dough for dis konter, ok! Hoping they will fall wit tha index. Den wen da index rikaver ha, you win.

wow just realized i did FA on all dis stocks hahahaha. Profit wise oni hor.


got some more but have to sleep 1st lor. next time i analyze warrants for u.

Winniest stock KLSE tomolo

Tomolo's bang bang boom stocks (not in any particular order):

ALAM - 0.57


INSTACOM - 0.33


INSTACOM-WA - 0.03


SCOMI - 0.405


PERISAI - 1.07


EDEN - 0.31


DESTINI - 0.375


TMCLIFE - 0.33


Waa... very nice wan aa the graphs. Make my website look really pretty... hehe...

All stocks picked have these in mind:

- uptrend
- good volume
- hantam = no FA, no TA wan

Which one stock from the above will you pick to be the most probable winniest stock tomolo? ....  hou hou hou houaaaaaaatttttt!

What goes up, goes up. What goes down, goes down

Apart from the usual rubbish you'll find here are some stock trading gems.

The big 3's:

1. Uptrend - generally the stock must go up lah



2. Volume - so that the stock is readily tradable lah. If not stuck wan lah.



3. ?????  - the fine tuning to find the winner stock 

So let's say you have some RM 50k.
To maximize profit, you put the whole dough into ONE stock.
To minimize risk, you do some research about the stock.
To maximize even more profit, get a penny stock or even its warrant.

Making profit is simple. Sell higher than the price you bought. Even if it is 1-2 sen.

Stop loss.

I'm not sure to categorize all the above as rubbish or gems. You decide.

New probability method by THE KLSE DEEJAY

Yeah what I do know is I get a list of stocks with:

1. most % up change
2. crazy volume
3. uptrend

so here it is:

focus  
nextnat                                             UPDATE: NOT SO GOOD RESULTS
knm

man, that's it? hahahahaha

ok here is another list of crites:

1. top gainers
2. ok volume
3. uptrend

tha stocks:

hlbank
bursa
golsta
timecom
cimb
axiata
ijm                             UPDATE:        MOSTLY GREEEEEEEEEENS
airport
pwroot
orna
dialog
knm
sunreit
destini
perisai

yep that's a lotta stocks.... cause i don't own any of em. Lets see what they become at the end of tomolo.

Hunch from my Gut - Jumping stocks

UPDATE: TAA BLEYYYY PAAAGAAAAIIIII LOOORRR INI TECHNIQUE !!!!!!

I have a gut feeling these stocks will jump tomolo:

Utopia
Hovid
hovid-wa
Solutn
cimb
dscsol
daya
mcmtech
mtronic
hwgb
time
scomi
permaju
gamuda
Lfecorp
ivory
igbreit
dutalnd
evergreen
stareit
benalec
mflour
ytlpower
uoadev



- gud vol = tradable
- buyer q > seller q like crazy = immediate support available
- klse bull bull trend, maybe christmas rally?

Will this be true? Will you q as buyer oso or do you buy the sellers prise tomolo?

What to do when KLSE boring

Makan Guey Tiao manyak sidap....

Some analysis for today's picks

Only one green hit aaa? Aiyoo....

Okay maybe the others are affected by other factors:

- market drop 11 points
- counters low volume

see la tomolo how. maybe index up these counters up oso.

You do realize I oni pick penny stock ?

24 sept KLSE stock pick - Real McCoy - high probability setup

Stock	Entry	Day End 24 Sept
AEM	0.215	no entry
ANCOM	0.49	no entry
DBHD	0.395	no entry
DIGISTA	0.42	no entry
GOLSTA	0.6	no entry
GWPLAST	0.855	0.915 high 0.93
LONBISC	0.7	no entry
MENANG	0.285	no entry
PANTECH	0.64	no entry
PJDEV	0.805	no entry
SYSCORP	0.48	no entry
TAKASO	up trend 1st
TEBRAU	0.685	no entry
POH KONG	0.55	0.55 high 0.565

Choih! Color very bad one wooo! See one aaa all these stock can go up or not.

Strategy aaa? You wan strategy aaa? Exit strategy aaa? Ok u pick below:

1. wait one week
2. 2 sen up, cabut
3. go down 1 sen, cabut oso
4. wait end of day
5. wait tomolo
6. study chart, if really uptrend maintain, then hold until trend wan to change wan.

OK aaaa?

Don't risk your neck in these stocksssss!

Eggs on Toast - Tips from a stock market contract cleaner

Ingredients for making breakfast were:

• Increased volume on breakout.
• The first few days after the break prices should move in the breakout direction
• A normal reaction occurs where prices retrace somewhat against the trend, but volume is lower on retracements than it was in the trending direction.
• As the normal reaction ends, volume increases once again in the direction of the trend.

Deviations from these patterns were warning signals and jam and eggs.

We need to wait for the market to confirm our thesis. And only when it does do we make our trades - and we must do so promptly.

As per instructed, will happen again, if you don't watch out.

• Trade with the trend. Buy in a bull market, short in a bear market.
• Don't trade when there aren't clear opportunities.
• Trade using the pivotal points. (Learn how to spot the pivot point from which a new movement will emerge; read  somenewspapers.)
• Wait for the market to confirm opinion before entering. Patience leads to "the big money."
• Let profits run. Close trades that show a loss (good trades generally show profit right away).
• Trade with a stop, and know it before you enter.
• Exit trades where the prospect of further profits is remote (trend is over or waning).
• Trade the leading stocks in each sector; trade the strongest stocks in a bull market, or the weakest stocks in a bear market.
• Don't average down a losing position.
• Don't meet a margin call; close the position instead.
• Don't follow too many stocks.

Daaahhhhh yummmmmmmm!

Analysis and predictions

tonight's the night for the new dawn of analysis and predictions... hehehe... just wait.

Candle stick breakout entry video - 1 hour +++!

Check it out!

 

Quotes from traders

Your job as a trader is easy. Once you’ve identified what kind of stocks you have, push your winners. Kill your losers. No hard feelings.

It seems to be part of human nature to focus on the most hopeful point of the trading cycle. Our research indicated that liquidations are vastly more important than initiations. If you initiate purely randomly, you do surprising well with a good liquidation criterion.

Be ruthless in cutting losses, the money you earn by liquidating your losses long way below the stops can still be made up if you take that money off the table and invest in winners.

 Be the Ghanjoman - give food only to the fittest.

When it comes to investing, you have to be ruthless, and show no compassion for losing positions (cut your losses).

Every trader only has a finite amount of capital (food), and, you are right, it should always be given to your best stocks (let your winners run).

SHOW NO COMPASSION HORRRRRR!!!

profit making philosophy in klse - don't follow this method - it's too simple - my klse advice

some of my thoughts:

highest probability setup for profit
stochastics below 20. or hit zero oso better.
after buying, up 2 sen, sell right away. If going south, have to cut loss.
The problem now is the exact entry price at the right time. I'll post something about this after I've actually made some profits!

Some stocks for thought:



looks yummy!



super yummy yum yum!




everytime aji mat stoch hits zero.... remember.... it's boom boom time... heh heh... buy at your own risk aaa....



no fundamental sentimental here aaaa.... heh heh

one sen up oso can maaa.... just take breakeven calc and do some maths.... profit pop up.... win!

get ready for boom boom party shootout... klse style!