puakeng

Blog/Website:puakeng @ tradeSignum
Gender:Male
Investment Knowledge: Good
Intrested in: Technical & Fundamental analysis

Prediction

Correct Prediction: 1
Total % Change: 3.44 %
Predicted: 3
Passion about decoding how the chart tells...bullish signal or bearish signal.
11 - 20 of 49 | Page: 1 [2] 3 4 5

[OTHERS] FCPO-OCt 12

Yes, the market plunged as expected. As I pointed out yesterday, 'Overall, the market is in a clear down-move with a serious weakness in the background. Be very careful if go long unless a major demand coming in and followed by a test for an uptrend.' With a clear weakness set-up with a clear weakness in the background and in a clear down-trend, you should be brave to short. The discussion closed. Thanks to join me. 26 July 2012 puakeng.
26-Jul-2012 6:28 PM

[OTHERS] FCPO-OCt 12

Is really tough to trade in FCPO. But you could be a winner with a cut-loss strategy and a trading plan with years or months of experience. Why? We are not a 100% winner. Even veterans make losses sometimes. So a cut-loss strategy is the number one rule. Then, a trading plan comes to second. FCPO is a famous speculating trading instrument on earth. In the market, you are trading with part of the world's most intelligent traders. In order to trade successfully, you have to read the subtle changes of how the market moves section by section and minute by minute. VOLUME is the key. Look at the whole picture of the market. Individual bar with volume only tells you a half story. Another half lays in the background. I am still a leaner in FCPO. Try to be familiar with the characteristics of the market. Put hard work and work smart. The reward will surely be fulfilling.
26-Jul-2012 6:14 PM

[OTHERS] FCPO-OCt 12

The market did move down to test the area of the range of 2943 to 2947, however, the test is on high volume greater than previous few bars, it means that the market still has a lot of supply. Supply means selling. That's why the market has to move lower and lower until the supply has dried up for a minor uptrend. Overall, the market is in a clear down-move with a serious weakness in the background. Be very careful if go long unless a major demand coming in and followed by a test for an uptrend.
24-Jul-2012 7:09 PM

[OTHERS] FCPO-OCt 12

Yes, we had profit taking from strong holders at the background. That'y the market plunged from RM3161 to Rm2951 (the price of 2.26pm, 24 July). Anyway, the sentiment of the market will be changed on minute to minute. Now, the 15 Minute chart of FCPO-OCT has shown some signs of strength. However, the market is likely to move down to test the market at the range of 2934 to 2947. If the market drops back to that area on low volume, the next leg up will be promised to take place. 24 July 2012. puakeng.
24-Jul-2012 2:29 PM

[OTHERS] Futures Crude Palm Oil Sep-12

Yes, some traders have taken profit at RM3152. Till this moment, the market plunged RM30. Unless, there is a high volume down bar followed by a No-supply bar, the market has pressure to move up.
17-Jul-2012 3:22 PM

[OTHERS] Futures Crude Palm Oil Sep-12

FCPO-Oct has the same sentiment as FCPO-Spt. RM3152 is a short-term major resistance line. Any signs of weakness near the line should be a forewarning signal for a short down move. FCPO-Oct is the third month contract has the highest liquidity. So it's much better to trade Oct contract.
16-Jul-2012 3:08 PM

[OTHERS] Futures Crude Palm Oil Sep-12

The final settlement price is not part of my analysis. So I hv no ideas over it The market price moved up today 2.1% or RM64. Be careful of profit taking by syndicate traders. RM3142 is the major resistance line. Any signs of weakness near the line could be resulted the market to fall.
16-Jul-2012 3:01 PM

[OTHERS] Futures Crude Palm Oil Sep-12

The market has gotten substantial support in the market on 12 July. Higher prices will be come in near future.
13-Jul-2012 7:54 PM

[BAHVEST] I wanna do some forecast.

Correction: I don't have a target price.
12-Jul-2012 12:59 PM

[BURSA] Comfortable with slow and steady swing stocks? It'e time to buy in some Bursa stocks.

The chart has a clear strength in the background. Then we have successful tests. Now it's on the up-trend. It's a high probability set-up for trading long. It's time to buy and hold for weeks or months. It will slowly but surely earn you some money. The Current Price: 6.48. The Cut Loss Price: 6.25. Risk and Reward Ration: 10.5% and 3.5% Regards, 12 July 2012
12-Jul-2012 12:56 PM
11 - 20 of 49 | Page: 1 [2] 3 4 5
Quotes are delayed at least 15 minutes. Stock charts are updated at the end of the trading day. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Tradesignum is not liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Tradesignum website, you agree not to redistribute the information found herein.
loading...loading