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« Reply #30 on: February 18, 2009, 03:51:51 PM » |
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Goong Hei Fatt Choy!!!  Who going to buy PROTON...... car ahh??  |
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High Risk High Return
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Trademore
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« Reply #31 on: April 15, 2009, 07:57:35 PM » |
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Price up as speculation on automative company merger. News said Proton may merge with Perodua. Proton share volume increase tremendously and price also up. Look for retracement.  |
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The statement here is only chartist point of view. Advisable to buy or sell at your own money management. Nobody force you to buy or sell. Do not bluntly follow others.
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Trademore
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« Reply #32 on: April 20, 2009, 01:03:19 PM » |
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I think proton now in the making of stage 1, however stage 4 still in progress. Try to look at 50% retracement.  |
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The statement here is only chartist point of view. Advisable to buy or sell at your own money management. Nobody force you to buy or sell. Do not bluntly follow others.
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Maxforce
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« Reply #33 on: April 20, 2009, 03:48:58 PM » |
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I think proton now in the making of stage 1, however stage 4 still in progress. Try to look at 50% retracement. Trademore... your this statement a bit confusing leh... If stage 1 in the making, then stage 4 ended... If stage 4 still in the process, then stage 1 have start...  |
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"Ren fa di, di fa tian, tian fa tao, tao fa zi ran"
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smallcap
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« Reply #34 on: April 21, 2009, 08:58:12 PM » |
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He means trying to step to Stage 1 loh, maybe signal not so clear. |
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High Risk High Return
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Maxforce
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« Reply #35 on: April 21, 2009, 09:29:31 PM » |
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Charging giler, sial...
Here s the hint... Stage Analysis like Elliott Wave, got Wave within Wave... so Stage Analysis got Stage within Stage
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"Ren fa di, di fa tian, tian fa tao, tao fa zi ran"
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Trademore
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« Reply #36 on: April 23, 2009, 11:54:39 PM » |
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Maxforce, you're right  , Stage Analysis got something coincident with EW analysis at reversal signal but Stage analysis (from my understanding): > don't have to count the wave > Using simple moving average or Exponential moving average (Refer csong chart) > Using MACD or RSI to find the divergence > Should have higher low and higher high to confirm end of Stage 1. Opposite for Stage 3. > Stage analysis is used for mid to long term. I believe Stage 1 and Stage 3 can take about 2 to 4 months to complete. > Sometimes Stage 1 and 3 not completed, thus the price continue the previous stage whether Stage 4 or 1. > Stage 2 and Stage 4 are the longest stages. Stage 2 and Stage 4 rarely short term. Anyway, csong explanation could clear the cloud in our mind. He means trying to step to Stage 1 loh, maybe signal not so clear. smallcap, you can read my mind.  |
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The statement here is only chartist point of view. Advisable to buy or sell at your own money management. Nobody force you to buy or sell. Do not bluntly follow others.
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Maxforce
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« Reply #37 on: April 24, 2009, 07:06:38 AM » |
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Maxforce, you're right , Stage Analysis got something coincident with EW analysis at reversal signal but Stage analysis (from my understanding): > don't have to count the wave > Using simple moving average or Exponential moving average (Refer csong chart) > Using MACD or RSI to find the divergence > Should have higher low and higher high to confirm end of Stage 1. Opposite for Stage 3. > Stage analysis is used for mid to long term. I believe Stage 1 and Stage 3 can take about 2 to 4 months to complete. > Sometimes Stage 1 and 3 not completed, thus the price continue the previous stage whether Stage 4 or 1. > Stage 2 and Stage 4 are the longest stages. Stage 2 and Stage 4 rarely short term. Anyway, csong explanation could clear the cloud in our mind. He means trying to step to Stage 1 loh, maybe signal not so clear. smallcap, you can read my mind. Well, if you do not want to see the similarities... |
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"Ren fa di, di fa tian, tian fa tao, tao fa zi ran"
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Trademore
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« Reply #38 on: April 24, 2009, 09:17:50 PM » |
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Well, if you can see the similarities, that is great for you. Actually I don't really understand using EW analysis. The best sifu who likes to use EW in forex that I really admire is Jebatfx (Malaysian forex trader). For a single pair, he draws 4 to 5 EW analysis. Wow! very complicated to me. Anyway, he had a customised programme for his forex trading. Good for him. One can have the software but has to attend his class first. |
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The statement here is only chartist point of view. Advisable to buy or sell at your own money management. Nobody force you to buy or sell. Do not bluntly follow others.
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Trademore
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« Reply #39 on: April 24, 2009, 11:15:58 PM » |
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See my understanding on Stage Analysis on the chart attached. It maybe right or maybe wrong. I don't know. Its up to you to accept or not.  |
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The statement here is only chartist point of view. Advisable to buy or sell at your own money management. Nobody force you to buy or sell. Do not bluntly follow others.
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Maxforce
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« Reply #40 on: April 25, 2009, 08:57:14 AM » |
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Bos, Dont la make total harmony of EW and Stage Analysis... Though I believe it can... but dont la... become very complicated one... OK, clarify a bit what I mean the similarities - Basically, in Elliott Wave, there is a concept that states that there is a wave within wave. Eg. Say we draw the Master Wave 1-5. Then within each of the Master Waves, there are smaller waves 1-5. (ABC disregard for sake of easy discussion) So in Stage Analysis also same. Got Master Stage. And stage within stage. For Proton, Weekly chart may suggest the stock is in different stage than the Daily Chart. Now, timeframe is one thing. If you can see this Stage within Stage concept, then you ll understand Stage Analysis better. Or so I say la... maybe I kelentong you |
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"Ren fa di, di fa tian, tian fa tao, tao fa zi ran"
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Maxforce
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« Reply #41 on: April 25, 2009, 09:15:53 AM » |
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As for your comment on the chart that Stage Analysis is similar to Darvas Box, well it is to a certain extent...
Stage 1 and Stage 3 is very similar to Darvas Box to the extent that one may have borrowed the concept to develop another.
However Stage 2 and Stage 4 is lain cerita la...
And what makes this Stage Analysis beautiful is the whole cycle. Should not be too focused on one stage alone.
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"Ren fa di, di fa tian, tian fa tao, tao fa zi ran"
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Trademore
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« Reply #42 on: April 25, 2009, 03:43:45 PM » |
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Bos, Dont la make total harmony of EW and Stage Analysis... Though I believe it can... but dont la... become very complicated one... OK, clarify a bit what I mean the similarities - Basically, in Elliott Wave, there is a concept that states that there is a wave within wave. Eg. Say we draw the Master Wave 1-5. Then within each of the Master Waves, there are smaller waves 1-5. (ABC disregard for sake of easy discussion) So in Stage Analysis also same. Got Master Stage. And stage within stage. For Proton, Weekly chart may suggest the stock is in different stage than the Daily Chart. Now, timeframe is one thing. If you can see this Stage within Stage concept, then you ll understand Stage Analysis better. Or so I say la... maybe I kelentong you I understand and agree on your statement with wave within wave. Yes, we see at different TF, we'll see different stage and its same as EW. Anyway, I never try to find the similarities between Stage analysis and EW analysis. It is two different disciplines but not harm applying both strategies in one chart. The rest is its look complicated but also depend on individual knowledge. Some say complicated, some say its ok. Conclusion is nobody is right and nobody is wrong until we see the price prove where she wants to go. |
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The statement here is only chartist point of view. Advisable to buy or sell at your own money management. Nobody force you to buy or sell. Do not bluntly follow others.
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smallcap
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« Reply #43 on: April 26, 2009, 10:46:51 AM » |
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Wah, semakin dalam liao the knowledges exchange...  |
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High Risk High Return
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Trademore
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« Reply #44 on: June 04, 2009, 11:26:45 PM » |
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Resistance at 3.40. Bad news on automotive industries will drag Proton share sideway. |
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The statement here is only chartist point of view. Advisable to buy or sell at your own money management. Nobody force you to buy or sell. Do not bluntly follow others.
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