choolooi, keep an eye on GOB. Rising may appear at the end of the day. Furthermore, volume started to pick up. Immediate resistant is 0.84, support at 0.81 .

marvelous, one whole afternoon not around n there were so many posts.

a quick look at the chart shows that today's black candle did not piece thru the body of yesterday's white candle n manage to close above the previous strong resistant of 0.32, or else it wont look good.

CT, hv a good trip ya....

choolooi, i oso bot another 25lots at 0.33 today. Now i am thinking to unload half of my puncak WB. Not buying GOB yet since it is still a doji , moving sideway, strong support at 78/78.5, stil above the 30EMA

33.5

Bro matrix, hv a safe n pleasant journey. today I bot digista n ijm land

TAS, strong resistant at 0.69

chart is very bullish, looks unstoppable

so far, kenanga is ok, i hv nothing to complain. May be u can try

Hi CT, ok, no problem, thanx a lot. Last time I did subscribe but subsequently, the Fibo tool was no longer there. The site i subscribe is mainly for futures trading.

wa lao, set formula in excel oso boleh? how it works? ....... u are fantastic. Can forward me the excel format or not? my email is htyeap125@yahoo.com

Fibo is especially accurate at 38.2% & 61.8% for medium term

Hi CT, Fibo is a powerful tool and i like 2 use that oso. However, i juz dont know why when i plot it on the online graph provided by Kenanga, i hv 400%+ appear instead of 100%. May i knw the source of ur chart?

Hi bro Matrix, u watch BPL football? or EPL ? I do watch EPL, especially MU......

Hi choolooi, wat a description... drug addiction here, hahaha. Juz wake up n straight into this forum with my TAB. We will miss your post while u are away. like wat CT suggest,hope u can hv access to internet n hv fun with us while u are there. Have a safe n pleasant journey.

omg,DJ is down by 97 now,market very volatile.

By the way,it's great that bro pathew arrange a yum char session,but too bad,I m from pg. Anyone from pg?

juz reach home. Wow,today so many new frens, welcome on board n let's make money together with our kind n generous CEO,bro matrix......

Sis metta, I m stil learning TA loh, totally not qualify as sifu yet, hopefully can learn more from bro matrix.

Will look at gob tmr if I come home early. If not mistaken,today shd end up a doji.

i found this, may be some of u guys will be interested

http://www.tradesignum.com/screener/strongvoldecliner

jenny, no one is stupid in market, u juz need a bit of luck. For es, juz now i queue to buy dayang at4.78 after it sustained the test of 4.76 but din get any. Dont worry, u turn will come b'cos we have big boss (bro Matrix) here to help us, so dont worry

Penang Ran, i suppose u mean YTL Power Wb not YTL WB

jenny, i do not know any free website that provides u with the buy n sell signals. We only interpret ourselves from the chart itself.

There has been no trend for hubline since May 2012. So, there is nothing to interpret. I agree with fireball, dont touch hubline

jenny, below are the links

http://www.informedtrades.com/f152/

http://www.informedtrades.com/trades.php?page=freetradingcourses

Personally, i would not hold this counter. u can oso see a double top formed in mid aug. If i have this counter, i will switch to counters on maxis' radar, better chances of recovering losses, if any, from instanco. Fundamentally, this company was making a loss in the last FY, and i don't fancy loss making company.

jenny, are u able to extract the chart by now? u can start learning TA from the basics in the link i post here. Those are the basic. For your instanco, it is moving sideway but gravestone doji appear in this morning's trade, which may not be good. Immediate resistant is at 0.28 and support at 0.255 Historically, a doji was formed on 19 Aug after a run up, followed by a dark cloud cover the following day signal a strong trend reversal.

I think today is an exciting day for many investors here. I was busy in the afternoon and didn't know that puncak WB was back above 2.32, good news to myself, anyway.

For success, the buy signal came in on 10 Sept when there is an inverted hammer. Today it managed to breakout from 1.10, the immediate resistant with increase volume. However, a very strong resistant is at 1.20 follow by 1.25. I am unable to obtain the MA 20 reading as Kenanga's system has some problem with it.

yesterday was a doji but today suddenly shot up like nobody's business. Mr Ooi Teik Bee, how do we interpret Fibon from TA point of view. Hope u can share your professional opinion on this. TQ

You are right, Mr Ooi, we are against BIG SHARKs in this market, so we have to consolidate all our findings and strength so that minority interests is taken care of, cheers & congrats to those who have made $$$$$$$ today.

i am still not confidence to take position b4 the FOMC meeting, if not, i would have pick up fibon juz now after it breaks 0.37 haiz........

since Mr Ooi is still on wait n see, i will only queue after he takes position ....... Mr Ooi, we are all behind u on this

expected

SCable juz completed head & shoulder with immediate support at 1.47. It is trading below its MA 20. It is under consolidation now and if fail to hold at 1.41, it will drift further down to 1.33.

Bro Matrix, as usual, pls correct me should there be any shortfall in my analysis.

Below are the links to TA but mainly on candlestick chart which are widely in use.

http://www.informedtrades.com/f152/

http://www.informedtrades.com/trades.php?page=freetradingcourses

Another useful tool is the fibonacci retracement

http://www.babypips.com/school/fibonacci-retracement.html?source=google&campaign=babypips&adgrp=fibonacci&ad=2838384301&keywords=fibonacci%20retracements&gclid=CJu4-8qOz6ACFcdS6wodUz6g0Q


For FibonDark cloud cover was formed on 13 Aug follow by a hammer on the following day indicates a strong downtrend. Immediate Resistant is at 0.365 and the support is at 0.31 A gravestone doji is formed on 13 Sept couple with the counter being traded below the MA20 indicates a short term downtrend. Bro, Mtrix, pls correct me if there is mistake in my analysis n don't forget to add in your findings ya as i am learning from u as well... haha TQ

KC chongnz, this link is marvelous, thanx

Bro Matrix, thanx for your analysis. With ur help, i can surely improve in TA. By the way, are u playing futures as well?

For those looking for free TA analysis knowledge, i will post a few links tonite as it is not in my PC in office now.

Hi bro matrix,wat do u think of ijm land,looks like trending now

if i am not mistaken, all investment bank provide the charts to their clients for free. Juz right click on the counter and u shd be able to see 'interactive chart'.

This shd be of interest to many, in case u miss out my early post

http://bursadailytradestatistics.blogspot.com/

Bro Matrix, today IJM Land looks promising with a white candle surpass the MA 20. What do u think?

oh..... good luck to u & have a happy weekend

Bro Matrix, thanx for your view, really appreciate. Today looks like another doji for GOB. I am waiting to unload puncak, i suppose u too ya........ dont think i wanna take any position prior to FOMC meeting, juz wanna play safe

needs bigger volume to breach 3.12. Inverted head & shoulder formed on 5th Sept

at times, i juz wonder. EPF is unloading but how come price keeps going up.........

Hafiz, u are welcome, we are here to help out one another against the BIG SHARK

http://bursadailytradestatistics.blogspot.com/

Hi Bro matrix, how do u interpret TA of GOB? There was a doji on 10 Sept, follow by an inverted hammer on 11 Sept. Pls advise, thanx

agree with OTB, better to be safe than sorry. Next week is the FOMC meeting, market will turn cautious.

Gunung has run out steam after touching a high of 1.10. Dark cloud cover appeared on 19 Aug. It is now trading way below its MA 20. Failure to hold up at 0.75 support level will bring the stock down to 0.69

Bro matrix, pls correct me as I am taking this opportunity to learn

Bro Matrix, is there a system or something like where we can identify counters which is about to breakout from its resistance? As there are more than 1,000 counters, i wonder how u identify them. I hope i can oso contribute positively here instead of only depending on your posting n help us. Big TQ to u, bro matirx for all the sharings

There was a net purchase of 159.1m by foreign fund yesterday, wonder how long can it sustain

I oso unload my rubberex at 0.81. GOB 's volume is coming in. Hmm.....Wonder shd i buy at 0.79

http://bursadailytradestatistics.blogspot.com/

is there any expert / sifu trading in futures? Hope u can share your professional views here

Bro Matrix, i notice Alam forming triangle. Any breakthrough with volume will suggest an uptrend, am I right?

Bro matrix, thanx a lot