IPOWER (continue from post 24/4/06)

From Trigger Point System point of view on the Volume & Price pattern , A TPS calculation on the support level price to be RM1.08 to RM1.12 (has mentioned on last post). In very short term , the price will consolidate in between RM1.08 to RM1.20 , watch out for any volume and price change take place during 1045am to 1145am or 1450pm to 1600pm from now onward.
IPOWER will test for the resistance level on RM1.27 and RM1.47 in short term

Refer above for the IPOWER financial report for the last year 2005 , Just for the reference on its good fundamental.

IPOWER (Intermediate term trading stock)

IPOWER has run into the side way zoom , but the uptrend still intact, base on the calculation of retracement value, its should be very strong support on RM1.08 to RM1.12 , worth to monitor by basing on the TPS system.

The cut loss point to be set at rm0.99 , pls execute the cut loss point if something wrong is happened in order to protect your capital.
(edited on 25/4/06 1230hrs , afternoon close at RM1.19)

Disclaimer: This blog is not to be construed as a recommendation to buy or sell any securities. All information and comments are provided for educational purposes only. I however do not hold myself responsible for its accuracy as well as your stock trading or investing decision

Professional TA ( Technical Analysis) trader

My personal view on Professional TA ( Technical Analysis) trader;
1) A trading system
He/she must have a trading system to help them on the trading stock decision , The system must included of trading method, mindset & fund management.
1a)Trading Method ;
Trading method is to let them to know ;
How to find pattern in chart and discover good profit, How to recognize them before everyody else and e ready for the big moves, How to determine your best entry location and confirm the pattern are genuine,How to trade them with minimun risk and maximun profit.
A professional TA will base on the above mentioned to execute the trading decision.

2)Fund management
A Professional TA , must know how to set for their profit taking point & cut loss point , they must also know ,how to get the higher return from the market.

3)Mindset
A Professional TA must have the discipline to execute the decision base on the trading method, if hit to the cut loss point, they have to execute for the cut loss, in order to protect thier capital from the bigger loss . they also need to know how to take the profit from the market, in order to give them to have the better profit.
A Professional TA will not listen to what the rumours say, they will base on the what the market say & follow the market trend.

IFCA ( A very short term trading counter)

Today IFCA has shown the signal to enter , this afternoon (20/4/06)close at 0.485 , the strong support at 0.40 , pls put on your safety belt if you want to enter the market.
This stock is buy high sell higher method, of course the risk and the gain is propotional to each other.
Prepare you cut loss point & if the stock goes up, pls set your profit taking point.
but bear in mind , if the stock drop below 0.4 , you have to exit this stock.

To those who interested in IFCA on 21/4/06:
-If the price at 9am to 10am is at negative , pls dont buy in.
-If the price of IFCA at 11am is higher than 9am, you can consider to buy in a. If lower than 9am, pls dont buy in.
-If you had bought during 9 am to 10am, you need to monitor 11am, if 11am is lower than 9 am, you need to be careful. if higher than 9 am, you can let the profit run & monitor again on 3.30pm
-If you bought in on 11am, you need to watch out on 3.30pm , if the price is below 11am, you need to be careful, if the price more than 11am, you can let the profit run.
-Pls refer to the time pattern to execute the action.The above time pattern only applicable on IFCA tomorrow only.
The time pattern will vary from time to time and counter to counter, pls do not use the above mentioned time pattern to execute for other counter, it may give you some fault signal.


To anybody who like to learn the TPS(trigger point system), can you send your name and contact number to teybl05@yahoo.com.sg , i will arrange some preview session of TPS to you.
TPS (Trigger point system ) is consists of chart pattern, volume pattern, price pattern and time pattern.The course also included of how to handle a case after you buying, what are thing you need to look after, you will definately know what to do and to make decision before/after you enter the market.The course will be conducted in Chinese language.

Disclaimer: This blog is not to be construed as a recommendation to buy or sell any securities. All information and comments are provided for educational purposes only. I however do not hold myself responsible for its accuracy as well as your stock trading or investing decision.

CHINFOK(7897)

To those who willing to take risk, you can monitor on above counter, you risk is 6 cents on yesterday closing price but you profit is more than 6 cents.

CANONE

The sydnicate start to push today(18/4/06), to confirm the trend, if tomorrow 11am is the higher price than 9am, mean the sydndicate is inside the boat, but if the 11am price is on negative , you need to becareful. The Canone syndicate very cunning, but from today movement we can know that the syndicate is start to push.
The cut loss point for this counter to be set at RM1.04.
To be a Professional trader ,we have to perform on what we have set for and cut loss will be able to limit your loss become bigger & bigger , if the price continues to further drop.

18/4/2006 close at 1.23

CANONE

CANONE has been suffering for a few months of the side way, this morning (6/4/06) it trigger the short term bell for us to ride on another higher wave, watch out for this counter. the closing price on 6/4/06 is RM1.13



Disclaimer: This blog is not to be construed as a recommendation to buy or sell any securities. All information and comments are provided for educational purposes only. I however do not hold myself responsible for its accuracy as well as your stock trading or investing decision.

GHLSYS

Technically GHLSYS still on the uptrend (This is the most importance element) , as long as this counter donot drop below 20cents . Even though the movement of GHLsys is a bit slow now, but this is a very good sign of the youth bull has been build on here, at any moment of time now, this counter will show you the crazy movement if the ground work has been completed.
Further more , the Mesdaq now is on the bull run, GHLsys will definately benefit from here.

By the way , i have some question here, hope someone can give me the answer or try to guess;
1)How to define bull run?
2)Do you know how the bull run formated & how it formated ?
3)Why at this moment, the Mesdaq bull run than others index?
4)which counter do you think it lead the Mesdaq to bull run?

The Trigger point system has it strength to detect the signal.

I have my own set of answer, just want to get the opinion first , before i give my own set answer.