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Hi fellow traders, I'm new in the discussions, but have found Tradesignum a great site - thanks to the creators.

For ASIAEP, if we go on pure TA, we would have cashed out around the week of 19 June when the sell signals started flashing. If we did, then we would have missed the big plunge. We would want to sit out those series of steep drops and may have traded something else until the bottom was found. In my readings, some weak buy signals were emitted on 13, 19, and 24 July where one could have been caught in the downward currents, and frankly I am not too sure how they could have been avoided. Perhaps the eminent crossovers of the SMAs would have cautioned us. Thereafter, there would in most cases, be a technical correction however small. In this case, the buy signals flashed out in the week of 23 July, 26-27 July to be precise. Some profits would have been made by now or about to be made in the next few days if it can overcome the resistance at RM0.56 . So far, theres no sell signals yet. BTW, do I spy an evening star emerging today?

However, I wonder why the bottom was at around RM0.44/0.45? I found no indication of a strong support thereabout right from 2004. Any opinion on that much appreciated.

I am into pure TA for short term tradings. The indicators I'm using for both entry and exit are a combination of Slow Stochastic, RSI, ADX, MACD, and CCI - at least three of them complementing and confirming one another - and some EWT for target prices. Not fixed though - always learning and trying to improve my trading insights using TA. As you can see here its all hindsights and still not a perfect 20/20 though.
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