amended previous post

Now, my headache is gone...

05/12/2014 - 4x FVE - Highlighted on Bollinger Band where FVE crossed.

http://klse.i3investor.com/blogs/nomanland/65231.jsp

The Chart - 4x FVE is more detailed of each movement.
Each FVEs have a Bollinger Band(purple color) and Linear Regression Slope - LRS(grayish color). Both indicators use the FVE result.

1. FVE(34/55) crossed the mid-band toward low area, distribution
2. FVE(13/21) crossed the low-band toward lower area, distribution

3. By looking at the crossing, LRS is needed. I need to know where is the FVE is heading. Is it up or down? At present moment, the LRS indicate the FVE is moving up, which is a good sign that accumulation is taking place. Same as the LRS on the price.

4. I still have some doubt about the LRS/FVE (top 4 graph) and LRS price(bottom graph) when it curved up. The reasons are :-
4a. the FVE still at the lower band.
4b. FVE(34/55) > 0. if LRS maintains upward course, the long term is accumulating.
4c. FVE(13/21) < 0. if LRS maintains upward course, the short term is accumulating.
4d. the risk of distribution is greater than accumulation because of the below Bollinger's mid-band .

4e. Why 4d.? The "#1 my Elliot Wave Signal+Count" indicators base on price movement. At present moment, it is an upward trend. Is it going to be a short or long upward trend? It depends on 2 oscillators, which is Polarized Fractal Efficiency(PFE)(Red) and "my Schaff Trend Cycle(STC)(blue)". Both look like start to curve up. BUT the PFE curve " \ " This is where my doubt about the uptrend movement on the price. The PFE + STC, not yet to confirm up. Need the STC to have a sharp upward.

4f. I did a test on the Elliot Wave Signal. Instead of 5% minimum movement, changed it to 3% which is more sensitive. Also to find the previous missing "v"
On 4/12, ^v at 5%, down
On 5/12, _/\_ at 5%, up
On 5/12, _^v^ or _/\/\ at 3%, up, complex movement

4g. The Stochastic Oscillator, I am using it find the divergence instead of overbought or oversold. It is still below 80(about 40 to 70 range) and I have the doubt about its curve up. When I compare it with the PFE, and FVE, it does not give me a strong confidence of upward move.


Overall, what I see is on going distribution then accumulation. Other traders or investors have their own opinion about the current situation.

The above statement and analysis is not a buy or sell call. I am wrong all the time. I am always wrong and never ever being right. Traders or investors must have some reservation about others opinion before making any stupid decision.

Common problem.
1. Buy, and price goes down.
2. Sell, and price goes up.

"To buy or not to buy, that is the question."
and
"To sell or not to sell, that is another question."

Never ask NoManLand, buy or sell question. If you ask, I will send you to NoWomanLand. ;)

Cheers and have a good weekend

amended previous post
Orionpacific, pdtan,

Now, my headache is gone...

05/12/2014 - 4x FVE - Highlighted on Bollinger Band where FVE crossed.

http://klse.i3investor.com/blogs/nomanland/65231.jsp

The Chart - 4x FVE is more detailed of each movement.
Each FVEs have a Bollinger Band(purple color) and Linear Regression Slope - LRS(grayish color). Both indicators use the FVE result.

1. FVE(34/55) crossed the mid-band toward low area, distribution
2. FVE(13/21) crossed the low-band toward lower area, distribution

3. By looking at the crossing, LRS is needed. I need to know where is the FVE is heading. Is it up or down? At present moment, the LRS indicate the FVE is moving up, which is a good sign that accumulation is taking place. Same as the LRS on the price.

4. I still have some doubt about the LRS/FVE (top 4 graph) and LRS price(bottom graph) when it curved up. The reasons are :-
4a. the FVE still at the lower band.
4b. FVE(34/55) > 0. if LRS maintains upward course, the long term is accumulating.
4c. FVE(13/21) < 0. if LRS maintains upward course, the short term is accumulating.
4d. the risk of distribution is greater than accumulation because of the below Bollinger's mid-band .

4e. Why 4d.? The "#1 my Elliot Wave Signal+Count" indicators base on price movement. At present moment, it is an upward trend. Is it going to be a short or long upward trend? It depends on 2 oscillators, which is Polarized Fractal Efficiency(PFE)(Red) and "my Schaff Trend Cycle(STC)(blue)". Both look like start to curve up. BUT the PFE curve " \ " This is where my doubt about the uptrend movement on the price. The PFE + STC, not yet to confirm up. Need the STC to have a sharp upward.

4f. I did a test on the Elliot Wave Signal. Instead of 5% minimum movement, changed it to 3% which is more sensitive. Also to find the previous missing "v"
On 4/12, ^v at 5%, down
On 5/12, _/\_ at 5%, up
On 5/12, _^v^ or _/\/\ at 3%, up, complex movement

4g. The Stochastic Oscillator, I am using it find the divergence instead of overbought or oversold. It is still below 80(about 40 to 70 range) and I have the doubt about its curve up. When I compare it with the PFE, and FVE, it does not give me a strong confidence of upward move.


Overall, what I see is on going distribution then accumulation. Other traders or investors have their own opinion about the current situation.

The above statement and analysis is not a buy or sell call. I am wrong all the time. I am always wrong and never ever being right. Traders or investors must have some reservation about others opinion before making any stupid decision.

Common problem.
1. Buy, and price goes down.
2. Sell, and price goes up.

"To buy or not to buy, that is the question."
and
"To sell or not to sell, that is another question."

Never ask NoManLand, buy or sell question. If you ask, I will send you to NoWomanLand. ;)

Cheers and have a good weekend

@tamarindo, sorry. I will remove the post and no more headache for my friends.

Orionpacific, the Chart 4xFVE, each of FVE graph contains Bollinger Band(purple color), all FVE below the middle band.

Look at 4xFVE chart. The 55/34 LRS both still just below zero. As for 21/13 LRS -5 & -7, respectively. LRS the dark green color. All LRS still in -ve zone but slow curving up.

As for the FVE, all still in the descending.
55/34 moving slight horizontal, more toward descending accumulation. Sudden bearish news on next week might cause this to curve down.

21/13 moving downward, distribution.

Notice that the elliot wave _/\_v on 4/12 chart and _/\__ 5/12 chart. The _/\_ and top new bar(brown color) both formed together, should be new uptrend. BUT, the graph below the Elliot have a slight curve down(red), if curve down further and remain moving horizontal, the Elliot wave will be terminated with _\/_. If it curve up, the Elliot wave remain as up trend. The stochastic oscillator need to maintain it courses, up, remain 80 level, we have an up trend. If it curves down, well, the end of up trend.

Because of LRS on price graph curved up(price chart), Monday or Tuesday, is crucial for confirmation of the up or down trend.

Overall, my point of view, distribution. Accumulation if all 4 FVE " / " or " ---"
and LRS " / ".
The above statement is not a buy or sell call. I can be wrong all the time.
Now I am having a headache....

@tamarindo @hula, I see distribution. Other might see it as accumulation. Not a buy or sell call.

@berakah, I see distribution. Other might see it as accumulation. Not a buy or sell call.

Ok. Simple. Down,Bear photo. Up, bull photo. ;)

Tamarindo. Observe the chart and you can see what is going to happen. Good luck.

Ozzie75. I thought buy. Nah.. skip systech until thr red start curving up. Now it is distribution.

Orionpacific, look at it carefully. Place trend line at LOW LOW on those brown/green.
Save the images and zoom on it.

@ozzie75, SYSTECH have a look at
http://klse.i3investor.com/blogs/nomanland/65929.jsp

Ping @ozzie75, any shares in SYSTECH!!!

updated KLCI
http://klse.i3investor.com/blogs/nomanland/65862.jsp

updated KLCI
http://klse.i3investor.com/blogs/nomanland/65862.jsp

updated http://klse.i3investor.com/blogs/nomanland/65231.jsp

Updated http://klse.i3investor.com/blogs/nomanland/64704.jsp

They already exported to Japan, last month.

yesterday the Saudi show a middle finger to the shale producer by selling cheaper.

KNM is another example where all the FVE are " / " since 2/12/14

I noticed that O&G counters, the same event, someone eating a lot of shares lately. I won't be surprise if this coming day the oil rebound.

Just an opinion where everyone can disagree.

someone eating a lot of shares since yesterday or so. 0.220 - 235

Here is the KLCI chart

http://klse.i3investor.com/blogs/nomanland/65862.jsp

godbless88, might go lower.

Metastock software.

Whoa! Damn bearish. Eff.

ozzie75, gobless88, Orionpacific

I already sold all. Now I am lot free and waiting for O&G to move.

Orionpacific, here is the KLCI

http://klse.i3investor.com/blogs/nomanland/65862.jsp

Orionpacific, here is the KLCI

http://klse.i3investor.com/blogs/nomanland/65862.jsp

Orionpacific, if you want additional chart and analyzing for learning, refer to Sumatec chart at

http://klse.i3investor.com/blogs/nomanland/64704.jsp

Does it look likes base building to you?

The interest part of all the forums in the i3 are like these
1. it is going to go down and price goes up, that person will get effed left and right
2. it is going to go up, and price goes down, that person will get effed left and right again
3. Technical Analyze, nah! it is useless. Fundamental.
4. Fundamental, it is useless. Technical Analyze
5. Sell, sell, run, run
6. Buy, buy, sell your house and buy....
7. I told you so...
8. say something good , that person will get effed left and right
9. say something bad, that person will get effed left and right

So how?
p/s: meaning of eff / effed (google it)

Orionpacific,
"...can you give me a headstart on what you see...is there a W formation or just a straight line to the 3rd peak..."

For me, I can't see it. What I am seeing is that all 3x FVE have descending LR slope, except FVE(55). FVE(13 and 21) is start to build up. You might see drop further in price, reason those LR Slope are or still have negative values.

When compare with
price LR slope = -ve value,
3x FVE(13/21/34) LR Slope = -ve value
3x FVE(13/21/34) = -ve value
overall bearish

As for FVE(55), need to place a reservation in case it turn bearish.

Instead of drawing the trend line, I use the LR Slope to show me the divergence. Short off a head start.

Look at the link I provide(the above message), the FVE "arrow" direction and corresponding to the price chart. Does it tell or look like LR Slope to you. According to Markos, he is using LR Slope on FVE and compare with price LR Slope.

I place 4 different period value for the FVE. Reason: Need only to use 2 to see a proper divergence before making a mistake. If I base on the word "probability", 1 up 3 down, 25% bull 75% bear.

Well, what ever I mentioned above are my idiotic brain that require some sleep. I am 100% wrong and never ever been right or left or up or down or buy or sell. So don't believe a single word or sentence I wrote.

Just my stupid humble opinion.
Lecture is over. Tomorrow quiz. ;)

Orionpacific, have a look at
http://blog.wenxuecity.com/blog/frontend.php?act=articlePrint&blogId=63839&date=201311&postId=20154

YkJohn, I am waiting for WTI >69.50 and Brent > 73.50

Orionpacific + ozzie75. Observe Linear Regression Slope, the "Green Arrow" at the price chart and at the 4x FVE. Y-Axis on left are the value.

Chart updated
http://klse.i3investor.com/blogs/nomanland/64704.jsp

Chart updated with addition 4 type of FVE
http://klse.i3investor.com/blogs/nomanland/65231.jsp

pdtan, "Three Peaks Domed House", interesting.

Each individual has their own opinions. Therefore, either the opinion is positive or negative, we as an adult must know the limit of cursing a person. NEVER bring mother or anyone related into the conflict zone.

We are here to share information and knowledge. The more information we get, the wiser when we invest or trade in IFCAMSC.

Please....
Cheers.

Orionpacific, with a strong fundamental, when the "others" players want the share price to go down, it goes down. (whether QR profit or not). Just my humble opinion.

YkJohn11, there you go. Now, we all can sleep without worry about YkJohn11. ;)
Cheers.

YkJohn11, from my chart, I can see, accumulation is on going.
Brown(55), Green(34), Red(13), accumulation.
Blue(21), distribution

When...from bottom up graph where... bottom=Brown/Green/Blue/ top=Red = on the way up = upward divergence.
When the graph is behave as " /\/\/\" = sideway = accumulation.

If you have any questions about the chart, please post it at my blog. I will be glad to guide you through. I will guide you what I know and try my best.

By the way, I can't promise sky high result.
Cheers and have a good night sleep.

YkJohn11, remember this. You are not alone in this hole. That is one of the reason, I monitor and update the chart so everyone that got stuck can see and analyze it.

What Ozzie75 said is true. Moral support is crucial. I can't give any TP. I never can get a good TP. When I sell, it goes up. When I buy, it goes down. Don't ask me to sell so that Sumatec price can goes up. ;)

Cheers up, my friend.

ozzie75, do those hard cash you carry, shariah compliance? if not, don't might pass it to me. ;)

YkJohn11, "What is the Strong support at ??" if I know I won't get stuck at 0.54, my friend. I have to deep freeze all lots for 2 months ++ to see who win. Shale or OPEC. :)

@MercuryRX, "... future sentiment.."
I am really pissed where everything is ...
getting expensive, same as IFCAMSC share.
Oil price is going up.
Food price is going up.
GST... inflation up
Sex life, down.
Money, down.
and ......

Cheers.

Acb123, hmmm! maybe you should read the forum where I conversed with Orionpacific about the chart. you may learn a few thing from there.

conclusion: I am neutral. You have to decide.

@MercuryRX, that chart is basically analyzing the volume + price = human sentiment = technical analysis.

Just my humble opinion and no animal was harmed. ;)
Cheers

Orionpacific,
yes, the Blues retreating to Zero, Brown + Green, = more like accumulate. The Red, small " \ "

Look at the "_/\_" and relate to bottom 2 graphs. Still too early to tell.
Look at the "Green Arrow" marked at price chart where the Linear Regression Slope still maintaining downward. This one need to curve up to move the 4 FVE. Once it curves, you know what will happen next.
Cheers
----------------------
Nomanland...the W cannot be formed..another ``````` " \" in the image...more like a M instead...flat..Also retreating from the 0...

ppl have to wait a little bit longer..
03/12/2014 17:27

my guru Orionpacific, whoa!

1. What the heck is "NSC"?
2. You just said it all.
3. You ain't a "novice" Damn, you are good.
4. Now you know why......

Posted by Orionpacific > Dec 3, 2014 02:00 PM | Report Abuse

Nomanland...

TQ for bothering to draw out the lines for me.....my hindsight analysis are as follows:-

From 17.11 there was a small W forming ( after the selling on news and the funds starting to buy) but failed to succeed because of NSC uncertainty ( only the red line affected).....

Free fall from 24.11 ( sharp red line) to 26.11 (Friday) also a small `W forming but failed because of the Monday due to the collapse of Oil price ( external factor)..I believe there were buying because my friends were buying big on Thursday and Friday...

big upper cut on 2.12 and today steady on big volume...both consolidation and accumulation.....if it doesn't fall today and is against the index... I believe wedge or W formation will start and form base to move up....each \ will be smaller than the / in the W...

Generally the 3 other coloured lines are stable and above 0 ...shows that volume and price were mainly due to traders and weak investors.....and there is something to look for in the near medium term...

this is a novice reading of the new chart you gave...