Stock market moves up and down in a “random” manner as if it has a mind of its own. Trying to make sense of those shifts might seem difficult, but closer examination reveals that definite forces shape the changes. No doubt there are some literatures out there describing the chaotic movement of the share prices [...]
Archive for September, 2008
Beginner Guide: How to invest in share market - Part v Why prices move?
Bursa KLOFFE – Revise STOP LOSS
Revise your STOP LOSS to 1027.
Bursa KLOFFE – Short Trade..
Short here and put your STOP LOSS @ 1032. 1019 could be an inflection point. Be careful. Profit objective looking at 1011. We are trending with the trend now.
Bursa CPO – Long Trade Exit @ 2256 level
Exit long trade @ 2256 level. It is almost at the day-high of 2263. I did not hold the trade for over night as there’s a lot of uncertainties ahead, mainly the announcement from the US Feds which will describe the government’s plan to save the economy. The Light Crude price has soared above USD [...]
Bursa CPO – Long position after breakout 2200
I was into the LONG position after Bursa CPO has finally broken out the 2200 level. Resistance was great as a few attempts to break out this morning failed. Next resistance is at 2240. Shall observe how it react to that level. STOP LOSS at 2209.
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- Bursa CPO - Possible Reflection Point
- Bursa CPO - This is the reflection point
- Bursa CPO - it is just too weak…
- Bursa CPO - lossing strength..
- Bursa KLOFFE - Still looking at short
- Bursa KLOFFE - Down Trend if break 1800
- Will be back…
- Bursa CPO - STOP LOSS still intact..
- Bursa CPO - Trail STOP LOSS to 1837
- bursa CPO - Stopped out! Turn SHORT!
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David Kong