Nora_Ismail This user has been deleted
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Last 5 days of Nora Index (NI)
Disclaimer: NI was developed and analyzed with short-term swing in mind. It was meant to identify and confirmed a short-term trend, perhaps in a timeframe of 2 days to 2 weeks or more.
Date Open High Low Close Volume
======= ===== ===== ===== ===== ======
20040531 2.082 2.101 2.050 2.082 4,713 Sideway->Bearish
20040601 2.089 2.111 2.067 2.090 5,781 Bullish->Sideway
20040602 2.081 2.096 2.047 2.068 5,482 Bearish->Sideway
20040603 2.078 2.091 2.029 2.054 5,817 Bearish
20040604 2.044 2.067 2.025 2.052 4,570 Bearish
Has the market recovered? Can't tell from this far.... I guess we need to see how the market developed this couple of days to see how it goes. In a lifeless and directionless market like this, the tough gets sleepy...
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An attempt to analyze NI using 123 system to Buy:
Signal 1: 04/06 - Low of 2.025
Signal 2:
Signal 3:
Buy Signal:
Ross Hook:
Note: 04/06 ~ New low formed for Signal 1 |
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Nora_Ismail This user has been deleted
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Last 5 days of Nora Index (NI)
Disclaimer: NI was developed and analyzed with short-term swing in mind. It was meant to identify and confirmed a short-term trend, perhaps in a timeframe of 2 days to 2 weeks or more.
Date Open High Low Close Volume
======= ===== ===== ===== ===== ======
20040601 2.089 2.111 2.067 2.090 5,781 Bullish->Sideway
20040602 2.081 2.096 2.047 2.068 5,482 Bearish->Sideway
20040603 2.078 2.091 2.029 2.054 5,817 Bearish
20040604 2.044 2.067 2.025 2.052 4,570 Bearish
20040607 2.065 2.103 2.050 2.084 6,264 Bullish
Has the market recovered? Still can't tell from this far.... However, the final hour today may tell us whether to enter the market or to surf the net for astronomy information (Venus is crossing the sun today, guys!)
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An attempt to analyze NI using 123 system to Buy:
Signal 1: 04/06 - Low of 2.025
Signal 2: 07/06 - High of 2.103
Signal 3:
Buy Signal:
Ross Hook:
Note: 07/06 ~ Signal 2 has been formed... |
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Nora_Ismail This user has been deleted
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Last 5 days of Nora Index (NI)
Disclaimer: NI was developed and analyzed with short-term swing in mind. It was meant to identify and confirmed a short-term trend, perhaps in a timeframe of 2 days to 2 weeks or more.
Date Open High Low Close Volume
======= ===== ===== ===== ===== ======
20040602 2.081 2.096 2.047 2.068 5,482 Bearish->Sideway
20040603 2.078 2.091 2.029 2.054 5,817 Bearish
20040604 2.044 2.067 2.025 2.052 4,570 Bearish
20040607 2.065 2.103 2.050 2.084 6,264 Bullish
20040608 2.092 2.110 2.063 2.082 6,117 Bullish->Sideway
The market direction is, at best... Sideway. Perhaps, the current market is only good for the scalpers and daytraders. For short and intermediate-term Swingers, the downward pressure is still there...
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An attempt to analyze NI using 123 system to Buy:
Signal 1: 04/06 - Low of 2.025
Signal 2: 08/06 - High of 2.110
Signal 3:
Buy Signal:
Ross Hook:
Note: 08/06 ~ Higher high, thus Signal 2 increased... |
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Nora_Ismail This user has been deleted
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Last 5 days of Nora Index (NI)
Disclaimer: NI was developed and analyzed with short-term swing in mind. It was meant to identify and confirmed a short-term trend, perhaps in a timeframe of 2 days to 2 weeks or more.
Date Open High Low Close Volume
======= ===== ===== ===== ===== ======
20040603 2.078 2.091 2.029 2.054 5,817 Bearish
20040604 2.044 2.067 2.025 2.052 4,570 Bearish
20040607 2.065 2.103 2.050 2.084 6,264 Bullish
20040608 2.092 2.110 2.063 2.082 6,117 Bullish->Sideway
20040609 2.083 2.098 2.062 2.080 4,657 Sideway
The support for the market is still there, but weak as seen in Volume. I guess, the market players still undecided and choose to stay aside. I guess I should do the same...
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An attempt to analyze NI using 123 system to Buy:
Signal 1: 04/06 - Low of 2.025
Signal 2: 08/06 - High of 2.110
Signal 3: 09/06 - Low of 2.062
Buy Signal:
Ross Hook:
Note: 09/06 ~ Market stops moving up and reversed a bit. A long sideway is good, as it means the next move (up or down) will be stronger... |
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Nora_Ismail This user has been deleted
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Last 5 days of Nora Index (NI)
Disclaimer: NI was developed and analyzed with short-term swing in mind. It was meant to identify and confirmed a short-term trend, perhaps in a timeframe of 2 days to 2 weeks or more.
Date Open High Low Close Volume
======= ===== ===== ===== ===== ======
20040604 2.044 2.067 2.025 2.052 4,570 Bearish
20040607 2.065 2.103 2.050 2.084 6,264 Bullish
20040608 2.092 2.110 2.063 2.082 6,117 Bullish->Sideway
20040609 2.083 2.098 2.062 2.080 4,657 Sideway
20040610 2.058 2.081 2.044 2.071 4,734 Sideway->Bearish
The last hour's activity makes your heart jumped out of the mouth, isn't it? Hmmmm.... Black-hands running the show again? Hard to say, but one thing for sure, without that last hour action, the market will be ready for a nose-dive....
Kuaci anyone?
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An attempt to analyze NI using 123 system to Buy:
Signal 1: 04/06 - Low of 2.025
Signal 2: 08/06 - High of 2.110
Signal 3: 10/06 - Low of 2.044
Buy Signal:
Ross Hook:
Note: 10/06 ~ Market is making a lower Low, thus Signal 3 is revised. As long as the NI is within the 2.025 Low and 2.110 High, we are in a good Sideway shape.... |
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Nora_Ismail This user has been deleted
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Last 5 days of Nora Index (NI)
Disclaimer: NI was developed and analyzed with short-term swing in mind. It was meant to identify and confirmed a short-term trend, perhaps in a timeframe of 2 days to 2 weeks or more.
Date Open High Low Close Volume
======= ===== ===== ===== ===== ======
20040608 2.092 2.110 2.063 2.082 6,117 Bullish->Sideway
20040609 2.083 2.098 2.062 2.080 4,657 Sideway
20040610 2.058 2.081 2.044 2.071 4,734 Sideway->Bearish
20040611 2.079 2.095 2.059 2.079 5,139 Sideway->Bullish
20040614 2.078 2.093 2.054 2.071 5,829 Sideway->Bearish
I'm getting sleepy with this sleezy market. Wake me up if anything interesting happen....
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An attempt to analyze NI using 123 system to Buy:
Signal 1: 04/06 - Low of 2.025
Signal 2: 08/06 - High of 2.110
Signal 3: 10/06 - Low of 2.044
Buy Signal:
Ross Hook:
Note: 14/06 ~ Market is still moving within the range of Low of 2.044 and High of 2.110... Just watch on which side gets broken. |
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Last 5 days of Nora Index (NI)
Disclaimer: NI was developed and analyzed with short-term swing in mind. It was meant to identify and confirmed a short-term trend, perhaps in a timeframe of 2 days to 2 weeks or more.
Date Open High Low Close Volume
======= ===== ===== ===== ===== ======
20040609 2.083 2.098 2.062 2.080 4,657 Sideway
20040610 2.058 2.081 2.044 2.071 4,734 Sideway->Bearish
20040611 2.079 2.095 2.059 2.079 5,139 Sideway->Bullish
20040614 2.078 2.093 2.054 2.071 5,829 Sideway->Bearish
20040614 2.089 2.108 2.063 2.082 6,032 Sideway->Bullish
Whooooaaaa...... the momentum built by the majority of the non-index linked counters are big enough to reckon. Watch towards the last 2 hours of today's trading day to see if the momentum is still there and alive. CI should be bullish if it does. Hop on it for a short swing ride.....
If CI still not showing anything, eat kuaci...
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An attempt to analyze NI using 123 system to Buy:
Signal 1: 04/06 - Low of 2.025
Signal 2: 08/06 - High of 2.110
Signal 3: 10/06 - Low of 2.044
Buy Signal:
Ross Hook:
Note: 15/06 ~ The High of 2.108 still 0.03 point shy of a good Breakout. Give it more time.... |
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Nora_Ismail This user has been deleted
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Last 5 days of Nora Index (NI)
Disclaimer: NI was developed and analyzed with short-term swing in mind. It was meant to identify and confirmed a short-term trend, perhaps in a timeframe of 2 days to 2 weeks or more.
Date Open High Low Close Volume
======= ===== ===== ===== ===== ======
20040610 2.058 2.081 2.044 2.071 4,734 Sideway->Bearish
20040611 2.079 2.095 2.059 2.079 5,139 Sideway->Bullish
20040614 2.078 2.093 2.054 2.071 5,829 Sideway->Bearish
20040615 2.089 2.108 2.063 2.082 6,032 Sideway->Bullish
20040616 2.067 2.095 2.052 2.080 6,889 Bullish->Sideway
Hmmmm... It seems to be a whipsaw market these couple of days. Just make sure that you are not at the wrong side of the saw or else you'll get whipped...
Those who have entered, watch your stoploss. Remember, this may be another short bull, so get out as soon as you see a top.
How you know whether Top had been reached? Use your TA or TR or EW or BB or DP or FT or KE or MO or ZG or NI or whatever laaaa... (psssst.. I have no idea what half of those acronyms are... he he he... )
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An attempt to analyze NI using 123 system to Buy:
Signal 1: 04/06 - Low of 2.025
Signal 2: 08/06 - High of 2.110
Signal 3: 10/06 - Low of 2.044
Buy Signal:
Ross Hook:
Note: 16/06 ~ The Low of 2.052 is still far from Signal 3, thus market is still in Sideway mode... |
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Nora_Ismail This user has been deleted
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Last 5 days of Nora Index (NI)
Disclaimer: NI was developed and analyzed with short-term swing in mind. It was meant to identify and confirmed a short-term trend, perhaps in a timeframe of 2 days to 2 weeks or more.
Date Open High Low Close Volume
======= ===== ===== ===== ===== ======
20040611 2.079 2.095 2.059 2.079 5,139 Sideway->Bullish
20040614 2.078 2.093 2.054 2.071 5,829 Sideway->Bearish
20040615 2.089 2.108 2.063 2.082 6,032 Sideway->Bullish
20040616 2.067 2.095 2.052 2.080 6,889 Bullish->Sideway
20040617 2.095 2.121 2.078 2.105 8,044 Bullish
Aaaa.... Nice early bull. If you already entered yesterday or the day before yesterday, you may want to adjust your stoploss if necessary.
If you plan to enter today, you may not be too late. If the market makes a bullish move today, that would be a Day-1-Bullish as far as KLCI is concerned. I'm talking about the usual 3-day pattern, that the market is making a 3-day bullish trend and on the 3rd day, a correction is expected to happen.
As usual, confirm first - wait till the last trading hour before you decide... Today's Friday, so take that into account...
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An attempt to analyze NI using 123 system to Buy:
Signal 1: 04/06 - Low of 2.025
Signal 2: 08/06 - High of 2.110
Signal 3: 10/06 - Low of 2.044
Buy Signal: 17/06 - High of 2.121
Ross Hook:
Note: 17/06 ~ Signal 2 broken out with quite a good volume, giving a Buy Signal |
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Nora_Ismail This user has been deleted
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Last 5 days of Nora Index (NI)
Disclaimer: NI was developed and analyzed with short-term swing in mind. It was meant to identify and confirmed a short-term trend, perhaps in a timeframe of 2 days to 2 weeks or more.
Date Open High Low Close Volume
======= ===== ===== ===== ===== ======
20040614 2.078 2.093 2.054 2.071 5,829 Sideway->Bearish
20040615 2.089 2.108 2.063 2.082 6,032 Sideway->Bullish
20040616 2.067 2.095 2.052 2.080 6,889 Bullish->Sideway
20040617 2.095 2.121 2.078 2.105 8,044 Bullish
20040618 2.106 2.129 2.087 2.111 4,931 Bullish
Market seems to continue bullish, but with drastically lower volume. Being Friday, I take it as a positive sign that the upward thrust still there. Why? Lack of Bear on Friday is good, kan?
In any way, never left your position alone without the protection of a stoploss, no matter how bullish you feel.
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An attempt to analyze NI using 123 system to Buy:
Signal 1: 04/06 - Low of 2.025
Signal 2: 08/06 - High of 2.110
Signal 3: 10/06 - Low of 2.044
Buy Signal: 17/06 - High of 2.121
Ross Hook:
Note: 18/06 ~ Still continue up. Expect a pullback next week to form a Ross Hook. |
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Nora_Ismail This user has been deleted
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Last 5 days of Nora Index (NI)
Disclaimer: NI was developed and analyzed with short-term swing in mind. It was meant to identify and confirmed a short-term trend, perhaps in a timeframe of 2 days to 2 weeks or more.
Date Open High Low Close Volume
======= ===== ===== ===== ===== ======
20040615 2.089 2.108 2.063 2.082 6,032 Sideway->Bullish
20040616 2.067 2.095 2.052 2.080 6,889 Bullish->Sideway
20040617 2.095 2.121 2.078 2.105 8,044 Bullish
20040618 2.106 2.129 2.087 2.111 4,931 Bullish
20040619 2.099 2.120 2.078 2.100 4,622 Bearish
I guess the law of supply & demand is in force here. Retractment is on the way, so just watch your stoploss. Just see whether this is going to be normal breather, or a full pullback....
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An attempt to analyze NI using 123 system to Buy:
Signal 1: 04/06 - Low of 2.025
Signal 2: 08/06 - High of 2.110
Signal 3: 10/06 - Low of 2.044
Buy Signal: 17/06 - High of 2.121
Ross Hook: 21/06 - High of 2.129
Note: 21/06 ~ A fresh entrence is OK if there be a breakout at the Ross Hook level. Better if it is a Nice Spring Day (long white candle breaking the Ross Hook level) |
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Nora_Ismail This user has been deleted
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Last 5 days of Nora Index (NI)
Disclaimer: NI was developed and analyzed with short-term swing in mind. It was meant to identify and confirmed a short-term trend, perhaps in a timeframe of 2 days to 2 weeks or more.
Date Open High Low Close Volume
======= ===== ===== ===== ===== ======
20040617 2.095 2.121 2.078 2.105 8,044 Bullish
20040618 2.106 2.129 2.087 2.111 4,931 Bullish
20040621 2.099 2.120 2.078 2.100 4,622 Bearish
20040622 2.098 2.113 2.072 2.090 6,062 Bearish
20040623 2.076 2.100 2.059 2.083 6,942 Bearish
Just watch your stoplosses if your position still intact. If you already out, be calm.... The market is currently not so good for a re-entry. Wait till it calmed itself, and show you its true direction.
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An attempt to analyze NI using 123 system to Buy:
Signal 1: 04/06 - Low of 2.025
Signal 2: 08/06 - High of 2.110
Signal 3: 10/06 - Low of 2.044
Buy Signal: 17/06 - High of 2.121
Ross Hook: 21/06 - High of 2.129
Note: 23/06 ~ I'm not sure whether I should scrap the current signals and starts all over. Since Ross Hook breakout is farther and farther away, current downward direction may give a good candidate for a new Signal 1 once the market rebounce.... |
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Nora_Ismail This user has been deleted
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Last 5 days of Nora Index (NI)
Disclaimer: NI was developed and analyzed with short-term swing in mind. It was meant to identify and confirmed a short-term trend, perhaps in a timeframe of 2 days to 2 weeks or more.
Date Open High Low Close Volume
======= ===== ===== ===== ===== ======
20040618 2.106 2.129 2.087 2.111 4,931 Bullish
20040621 2.099 2.120 2.078 2.100 4,622 Bearish
20040622 2.098 2.113 2.072 2.090 6,062 Bearish
20040623 2.076 2.100 2.059 2.083 6,942 Bearish
20040624 2.086 2.109 2.070 2.095 6,069 Sideway
Ask yourself this question... Who were the players? Who moved yesterday's market?
Truely, there was a bullish momentum in yesterday's market, but better wait till the last hour or last hour and a half, to verify whether or not the players wished to carry any risk over the weekend, ahead of Greenspan announcement next Wednesday...
Also, beware of Bull traps set by the Futures traders' activities...
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An attempt to analyze NI using 123 system to Buy:
Signal 1: 04/06 - Low of 2.025
Signal 2: 08/06 - High of 2.110
Signal 3: 10/06 - Low of 2.044
Buy Signal: 17/06 - High of 2.121
Ross Hook: 21/06 - High of 2.129
Note: 24/06 ~ I'll stick with current signals due to yesterday's movement. Ross Hook level still not broken, so new entrance will be risky. |
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Nora_Ismail This user has been deleted
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Last 5 days of Nora Index (NI)
Disclaimer: NI was developed and analyzed with short-term swing in mind. It was meant to identify and confirmed a short-term trend, perhaps in a timeframe of 2 days to 2 weeks or more.
Date Open High Low Close Volume
======= ===== ===== ===== ===== ======
20040621 2.099 2.120 2.078 2.100 4,622 Bearish
20040622 2.098 2.113 2.072 2.090 6,062 Bearish
20040623 2.076 2.100 2.059 2.083 6,942 Bearish
20040624 2.086 2.109 2.070 2.095 6,069 Sideway
20040625 2.096 2.110 2.075 2.092 4,926 Sideway
Market was stirred for few days already, but indeed unshakened... I guess, the bullishness was still there despite the troubled news of possible interest rate hike mid this week. Market players just tried to take careful move, discounting its effect upon the announcement...
However, the safest position is still at the sideline....
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An attempt to analyze NI using 123 system to Buy:
Signal 1: 04/06 - Low of 2.025
Signal 2: 08/06 - High of 2.110
Signal 3: 10/06 - Low of 2.044
Buy Signal: 17/06 - High of 2.121
Ross Hook: 21/06 - High of 2.129
Note: 25/06 ~ Ross Hook still unbroken. This is actually too long to break out the Ross Hook signal. Nevertheless, the market has not shown any intention to nose-dive, so..... no reason for new entrance, but no reason to bail out either.... |
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Nora_Ismail This user has been deleted
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Last 5 days of Nora Index (NI)
Disclaimer: NI was developed and analyzed with short-term swing in mind. It was meant to identify and confirmed a short-term trend, perhaps in a timeframe of 2 days to 2 weeks or more.
Date Open High Low Close Volume
======= ===== ===== ===== ===== ======
20040622 2.098 2.113 2.072 2.090 6,062 Bearish
20040623 2.076 2.100 2.059 2.083 6,942 Bearish
20040624 2.086 2.109 2.070 2.095 6,069 Sideway
20040625 2.096 2.110 2.075 2.092 4,926 Sideway
20040628 2.084 2.104 2.066 2.085 5,079 Sideway->Bearish
Depending on whether you hold any position or not, these next couple of days would be boring. Most likely, the market is for the scalpers to tooths and nails each other for half pointers...
If you still hold anything, just watch your stoploss. If you're all cash, get away and come back on Thursday... maybe something will happen then...
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An attempt to analyze NI using 123 system to Buy:
Signal 1: 04/06 - Low of 2.025
Signal 2: 08/06 - High of 2.110
Signal 3: 10/06 - Low of 2.044
Buy Signal: 17/06 - High of 2.121
Ross Hook: 21/06 - High of 2.129
Note: 28/06 ~ Another wat-and-see as no signal broken, out or down... |
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Nora_Ismail This user has been deleted
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Last 5 days of Nora Index (NI)
Disclaimer: NI was developed and analyzed with short-term swing in mind. It was meant to identify and confirmed a short-term trend, perhaps in a timeframe of 2 days to 2 weeks or more.
Date Open High Low Close Volume
======= ===== ===== ===== ===== ======
20040623 2.076 2.100 2.059 2.083 6,942 Bearish
20040624 2.086 2.109 2.070 2.095 6,069 Sideway
20040625 2.096 2.110 2.075 2.092 4,926 Sideway
20040628 2.084 2.104 2.066 2.085 5,079 Sideway->Bearish
20040629 2.083 2.104 2.065 2.081 6,695 Sideway->Bearish
Today, or rather tonight, is the D-day, isn't? Will Fed Reserve announce interest rate hike as speculateed by most? I do think so.... How will the market react? Well, most of the time, the market will react negatively to interest rate hike. This one... I dunno....
Since Bush's popularity is on the line, will he get his hand on the decision... That, we will never know...
So... just relax and watch the market laaa... and do nothing else...!
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An attempt to analyze NI using 123 system to Buy:
Signal 1: 04/06 - Low of 2.025
Signal 2: 08/06 - High of 2.110
Signal 3: 10/06 - Low of 2.044
Buy Signal: 17/06 - High of 2.121
Ross Hook: 21/06 - High of 2.129
Note: 29/06 ~ Yet, another wait-and-see as no signal broken, out or down... |
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Nora_Ismail This user has been deleted
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Last 5 days of Nora Index (NI)
Disclaimer: NI was developed and analyzed with short-term swing in mind. It was meant to identify and confirmed a short-term trend, perhaps in a timeframe of 2 days to 2 weeks or more.
Date Open High Low Close Volume
======= ===== ===== ===== ===== ======
20040624 2.086 2.109 2.070 2.095 6,069 Sideway
20040625 2.096 2.110 2.075 2.092 4,926 Sideway
20040628 2.084 2.104 2.066 2.085 5,079 Sideway->Bearish
20040629 2.083 2.104 2.065 2.081 6,695 Sideway->Bearish
20040630 2.080 2.105 2.059 2.080 6,549 Sideway->Bearish
Now that the news is out, we can go on with our life, right?
So, how will the market react? To a quarter percent!!! Of cause that will translated into billions in dollar value... but 0.25%!! I was expecting something like 1.5%.... Hmmmm...
But what we think is not important at all... it is what the market think... And we will know that by the last hour of the market today... or tomorrow (I bet some people would like to see how US market reacted to it too...)
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An attempt to analyze NI using 123 system to Buy:
Signal 1: 04/06 - Low of 2.025
Signal 2: 08/06 - High of 2.110
Signal 3: 10/06 - Low of 2.044
Buy Signal: 17/06 - High of 2.121
Ross Hook: 21/06 - High of 2.129
Note: 30/06 ~ Just wait..... sigh! |
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Nora_Ismail This user has been deleted
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Last 5 days of Nora Index (NI)
Disclaimer: NI was developed and analyzed with short-term swing in mind. It was meant to identify and confirmed a short-term trend, perhaps in a timeframe of 2 days to 2 weeks or more.
Date Open High Low Close Volume
======= ===== ===== ===== ===== ======
20040625 2.096 2.110 2.075 2.092 4,926 Sideway
20040628 2.084 2.104 2.066 2.085 5,079 Sideway->Bearish
20040629 2.083 2.104 2.065 2.081 6,695 Sideway->Bearish
20040630 2.080 2.105 2.059 2.080 6,549 Sideway->Bearish
20040701 2.065 2.088 2.051 2.075 5,538 Bearish
Wait and wait and wait... and suddenly it's Friday again... sigh...
Well... the market is not that promising anyway.... Have a good weekend!
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An attempt to analyze NI using 123 system to Buy:
Signal 1: 01/07 - Low of 2.051
Signal 2:
Signal 3:
Buy Signal:
Ross Hook:
Note: 01/07 ~ This Sideway movement has been too long, that a new fresh evaluation is, I believe, necessary. Thus, yesterday's Low, which is the lowest point since the previous Signal 3, is taken as the new Signal 1... |
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erina_cun This user has been deleted
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Originally posted by Nora18 at 1-11-2003 02:05:
Tahniah kerana berjaya melakukan langkah pertama iaitu membuka akaun, dan langkah kedua, iaitu mula trade.
Nora assume awak maksudkan MUIIND.
Pertama, Date dalam list NI yang Nora biasa ...
As'kum, and hi all.
Nora, i salute u, i just opened this forum today, and already think it's a cool place since there is one person like u who acts like a teacher to many of us here. i don't understand some terms, like FBO (but assume it's first board?) and at first CI (now i know it's Composite Index). There is still so much for me to learn, is there like a mailing list connected to this thread? How do I join ye?? Nora, what do u do as a living, i wonder because I can't imagine myself doign all the analysis while i'm in the office, but then I also thought it's probably only difficult in the beginning. I guess I'll buy the books u talk abt , and i think Tape Reading could be the answer to stealing time between my office work, so I make a note to go deep into it. Thanks to sifu nora for the tips and teachings, inshaAllah u'll get reward , i think during life and after life, inshaAllah.
I hope to go into share trading, but there is a lot I need to learn first, and save money first, and also id the halal/syariah approved counters. do u guys here trade on only those coutners too? |
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Nora_Ismail This user has been deleted
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Last 5 days of Nora Index (NI)
Disclaimer: NI was developed and analyzed with short-term swing in mind. It was meant to identify and confirmed a short-term trend, perhaps in a timeframe of 2 days to 2 weeks or more.
Date Open High Low Close Volume
======= ===== ===== ===== ===== ======
20040630 2.080 2.105 2.059 2.080 6,549 Sideway->Bearish
20040701 2.065 2.088 2.051 2.075 5,538 Bearish
20040702 2.093 2.120 2.081 2.107 6,099 Sideway->Bullish
20040705 2.060 2.104 2.051 2.093 8,640 Sideway->Bullish
20040706 2.109 2.145 2.092 2.120 11,653 Bullish
Aaa.... did I missed anything? Missing this forum I am...
Well, the market reacted rather good post US Fed Reserve interest-rate hiked last week. The big question is, is it a good time to enter... or is it a better time to look for opportunity to off-load....?
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An attempt to analyze NI using 123 system to Buy:
Signal 1: 01/07 - Low of 2.051
Signal 2: 02/07 - High of 2.120
Signal 3: 05/07 - Low of 2.051
Buy Signal: 06/07 - Breakout of Signal 2 with High of 2.145
Ross Hook:
Note: 06/07 ~ What worry me is the pace of this 123 formation, indicating that the current bullishness might not last long. So, go for short-term swing only.... |
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Category: Belia & Informasi
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