correction: "oversold" should be "overbought"

Posted by Bon > Jul 18, 2018 11:10 AM | Report Abuse X

sorry boost, is day chart.

Don, i'll give u reference, u make ur own decison.

1. hourly and daily chart overbought : put
2. hourly and daily chart forming likely bull signal(no confirmation yet): call likely
3. other reference for future movement but not immediate (not today or even this week): favor put

a breakout could be happening soon and we will see a one direction movement then. so, if u hold on,
i) bear, u huat like siao (i prefer this but i have no position already, will see how the price move)
ii)bull, u will lose big.

i have met my earning target today thus i wont trade again unless very good signal. i rather spend my time (apart from work) to better understand the market for quality trade. GL

boost, check out bullish harami. and turn to hourly chart.

ayam, i closed my put, enough for today. i think my view on CBBC will turn bear become true soon. mm is still cooking, both direction not much meat unless u go for high risk warrant which i don't recommend.

the recent bounce happened with lesser volume, could be bull trying to push the index up to escape and, i did observe batches of bulls leaving. sentiment is not bullish.

GL

Duit ayam, bear force is more prominent. Good night.

ngwt, dont forget, there was delicious CBBC at 29000 too when it was 28800 and 28700...but it had never touched there...i think fierce bear will charge only end next week.... i think only based on current observation.

ngwt, it's the bank not the oil lead drop. do take note.

Daddy,i am in no hurry to trade. profit from put is sufficient. now wait to see if there is signal for their next intention. GL

duit, 500 can't hold thus it is testing 200. if 28000-28200 also cant hold, then 27900 could be the last support for call in near term..still dont see strong bull force, bull is weak.. i remained my previous guidance.

Stock: [HSI-HQ]:

Jul 12, 2018 12:31 PM | Report Abuse

pretty, quick one. per my count, i have 2 preferred scenario on daily chart

1) bear
long term target 26800
currently is processing 4th wave of C with max target of 30000 then all the way down to complete the last leg

2) bear
long term target 26800
currently is processing 5th wave of C with assumption 4th wave had been completed around 29000.


as conclusion....i am not bullish. need to watch this wave to see can it break the heavy 28800-900 or 28000-250 and signal for me to trade.



Posted by BigDaddyCool > Jul 17, 2018 02:19 PM | Report Abuse

wow support area 28200 breached...What now bro Bon & the rest?waiting for new signal?

han, i always admire u for ur ability to read exact movement...ur skill and ayam's are those that i cant emulate. good to have u back!!

Jun,
1. if i have no position, i wont go for call or put if it opened at 28200. i will observe for signal and price action to plan my next trade

2. but if i already entered call, i will cut loss if it stays below 200 long enough or a sudden drop

3. if i have already entered put, i will TP most of my position and keep some for bonus if possible.

my principle is i dont tp to the max. once my resistance/support meet, they i will tp already. wait and watch for next signal to trade.

Posted by Jun Lim Ng > Jul 17, 2018 12:37 PM | Report Abuse

u means will continue drop ? if open 28200 ...
cause i feel 28200 is a support...
maybe i am wrong ..cause i am newbie...wanna learn from master

Jun, if later open market at 28200, why join call?

whoever flag me, i dont give a damn of ur game but u did piss me by messing the discussion, fxxk off. really useless and such a chicken. if u dun like to contribute, get lost and dont login and read. i think no one will ever talk about u.

i earn my money and seriously, u r a piece of joke.

HH not straight forward method, if u serious of learning, i had commented before. GL


Stock: [HSI-HQ]:

Jul 4, 2018 12:09 PM | Report Abuse

EW - http://chrissyconn.blogspot.com/search/label/WAVE%20SKILL

credit to 2bits and connie, i learn my basic from the blog and their guidance. i am now learning with capttm.

Jul 4, 2018 11:51 AM | Report Abuse

Iszem...not that straight forward...and not perfect. just for your reference.

1. EW count
2. trend analysis (price movement pairing with RSI, BB, and EMA)
3. READ NEWS EVERYDAY

lion, thx. i would watch today daily closing to be bullish (short term). if it continues like this, sideline or favor H better. HSIF has the tendencies to retrace as much as 90%...

GL

Posted by lionkings > Jul 17, 2018 11:23 AM | Report Abuse

Bon,
here u go.....30032,...29372,....28864
BAYOR

Gunawan, Gemini, jun, HH, boost and whoever TP may concern u, would u also try to find out fundamentally and sentimentally (the key drivers) that move the market? try to find out more to give u better feel of any TP reference.

GL

Adhiatma Gunawan
113 posts
Posted by Adhiatma Gunawan > Jul 17, 2018 11:12 AM | Report Abuse

So sifu Ayam still predicts put? will go down another 1500 points? is my understanding correct?


gemini18
243 posts
Posted by gemini18 > Jul 17, 2018 11:14 AM | Report Abuse

Ayam meaning from 500 points add another 1500 pts=2000 down wards?

lionkings, can you share you long, mid and short term prediction?

my idea had not changed. i remained long term bearish. for short term (day trade), i refer to signal and price movement.

Stock: [HSI-HQ]:

Jul 12, 2018 12:31 PM | Report Abuse

pretty, quick one. per my count, i have 2 preferred scenario on daily chart

1) bear
long term target 26800
currently is processing 4th wave of C with max target of 30000 then all the way down to complete the last leg

2) bear
long term target 26800
currently is processing 5th wave of C with assumption 4th wave had been completed around 29000.


as conclusion....i am not bullish. need to watch this wave to see can it break the heavy 28800-900 or 28000-250 and signal for me to trade.


Posted by Hh5519 > Jul 17, 2018 05:18 AM | Report Abuse

Bon sifu, if u r here, pls give us some idea of hsi , thanks

ngwt, i give u 100 likes!

Posted by ngwt > Jul 17, 2018 09:00 AM | Report Abuse

flying, can you keep quite awhile and don't response to rchi? Simple & solve.
rchi, can you also stop to response to flying too? T.q.

I don't care who are the right or wrong, we come here to learn, invest and profit. that's all.

boost http://www.excalibur.com.hk/

agree with ayam..

chinese fund = 6 continuous inflow = +1
derivatives market = bull left again = -1
CBBC data (my interpretation) = neutral but will turn bear soon
wave reading = no clear direction = neutral
chart reading = daily overbought, 1h close to oversold..

based on above, take profit and wait. see how much it can move away from 500-600. GL

ayam, pretty, and duit. quick update.

another batch of bulls left market yesterday, around 4%. i think market may not be strong enough to move up. did a quick short in the morning but no position now. need to see how strong 500 can stand. a lot of transaction done there. it's meaning full area to watch.

duit, give u a like! miss those time..lol. but current crowd are not bad too, i see some give good sharing.

Posted by 饿灵易发 @2018 > Jul 12, 2018 06:36 PM | Report Abuse

Bon.

Good that you put effort to let newbies know and face reality. We had encountered so much since Macquarie offer warrants in Malaysia market. Still remember I start to trade from CA,CB,CC then C1A, then C2A to C2Z, so fast today we are talking about C3N.... Put from HA to H4E....


No one teach us and we start from nowhere. Remember kakisaham, main best, pari, Fair player, and many. We have opposite reading sometime but we never flag. Never mumble and cry father cry mother. We would usually say Ayam you earn big from call in the morning. Then afternoon let me exit put...... All) so harmony n support each other.

evirusan, dont get me wrong. i dont mean to describe followers as leech.

it's just that if we blindly follow and dont know the risk based on factual data/ sound analysis, we will then hold on to hope and dunno when to cut loss or take profit or breakeven..do we have the capacity to loss?

then if we r lucky enough to keep winning, we might bet bigger and bigger because we dont feel the risk due to we dunno wat we r doing at all..then one big move we will get badly badly burned.

lately HSIF move few hundreds point each day, even up to thousand..if we dunno wat moves the market our risk management will be very poor...

dont get me wrong, i dont mean anyone here as leech.

ayam, pretty and duit, i have this thought...

those CBBC at 250-650 has to re-listed again as today they are killed even premature and no meat...this might b a sign bull have not enough strength to hold the market... just my thought, need to watch few more days to tell.

duit, u different capacity and knowledge level. a good example demonstrated for right/wrong decision making, with supporting analysis and fact but not hope..

oh!! a lot of kangtao!!

i heard from my big brother that one chaffeur for an influential ppl can earn extra 10k a month due to "arrangement" & inside news...

on the reason why dont hold overnight,
1) ask urself 1st, why do u hold overnight
2) can u react to changes happen after trading hour? what if the future goes the opposite direction fast and furious, can u sleep well?
3) will u keep ur eyes on the screen and miss the precious moment with ur close one?

Posted by Cyril > Jul 12, 2018 04:34 PM | Report Abuse

bon, ayam chaffeur

ayam, wat job? i also wanna job like tat..lol...my job is crazy...sometimes berak also no time.

if u dunno what is going on and just decide to follow a trade, u will have ur eyes on the screen all day to get update and ur day time job will be impacted.. know what u r doing, learning by really reading and exploring, sifus wont be here always to answer us and feed us.

duit, u naughty. spark fire..

Posted by 饿灵易发 @2018 > Jul 12, 2018 01:29 PM | Report Abuse

Guys.

Don't listen to me. I m typical talk cock and also Horse Behind Canon.

Like many have recorded and proved it that I buy low then ask people to buy high from me. Therefore, don't and please don't follow me. Watch and give me moral support will do.

Happy day to every one.

pretty, quick one. per my count, i have 2 preferred scenario on daily chart

1) bear
long term target 26800
currently is processing 4th wave of C with max target of 30000 then all the way down to complete the last leg

2) bear
long term target 26800
currently is processing 5th wave of C with assumption 4th wave had been completed around 29000.


as conclusion....i am not bullish. need to watch this wave to see can it break the heavy 28800-900 or 28000-250 and signal for me to trade.

Posted by pretty_life > Jul 12, 2018 12:09 PM | Report Abuse

Bon. May I know based on Elliot Wave is the corrective wave done and pointing to new Wave 3 of the year?

vision, just refer to the table. there are table of reference by Mac for every warrant they listed.

gemini, trade volume

admire ayam and pretty being so confidence.

ayam and pretty, 800-900 getting even heavier to break as i observed some bulls left when the index touched there few days ago while 000-250 too become very heavy.

net inflow from china these few days but the volumes are smaller. the confidence not restored yet, i think still bearish.

once reach 800-900 (by any chance..which i dont fancy actually, i am bearish...but u guys are awesome!!), be careful. watch 1st.

GL all

omg....grow up pls... OMG OMG OMG!!!!

pretty, 660 is the retracement target for me too, if not, next is 450.

still, be cautiously bullish. this bounce could end soon. mayb one more push from here then tat's it.

good luck to all...and may god guide all of us to become a good being.

Topaz, i dont track KLCI tat closely as HSIF, but still 1 downleg to go before a new uptrend. again, i observe for signal to trade, for KLCI, i go with weekly chart

oh!!ok, trust u, hentam some with today profit and this week nasi lemak money.

duit, itu sunzen i put there see see look look for now. this is one of my 2 bad picks, 1) salutica + 2) sunzen.

as for sunzen, i know you r watching CPO price but i will want it to pass this Aug test to reconsider if to fall in love with it again or not.

watching index stock now. waiting for signal to buy in.

my sell queue met too. no overnight position.

net buying today and it's across all industry, a good sign for bull. but still be cautiously bullish ya. few reasons but main 2 would be 1) CNY not recovering as fast, 2) per wave count still lack a big downleg (very risky to hold overnight position, day trade still ok)

there will be thug of war for bear and bull @ 28600-28650 and @ 28800-28900 as i mentioned earlier.

also, no strong motivation for MM to move the market for now.

i got to go, good luck

oh, then wat is ur conclusion based on those indicators on your chart?

Posted by Adhiatma Gunawan > Jul 9, 2018 01:39 PM | Report Abuse

Thank you Bon.. I am still learning, and reading this forum discussion really help me learning.
I use BB - Stochastic - MA for trading

ayam, HK needs 5 working days to list the CBBC.

gunawan, based on current reading, i think there will be a short term bull before bear resume. i trade on signal, thus quite dynamic sometimes. cant advice u the actual buy/sell point.

btw, my advice to you, understand what u r trading 1st before you even trade. pls read twobits's and my comments on learning. dont start trading if u dunno what u r doing. GL!

same view ayam. just tat i disagree with ur 2 mths..lol, normally 1 week nia new derivatives can be issued. 2 weeks nia u can come back liao la

bull is stronger today. a batch of bull just join the market last friday, roughly ~15% of bear. let's see if these bull can motivate those losing bulls at 29800-28900.

ayam, pretty, if bear at 29000 are all killed and the increase of contract is not significant for above 29000, i will wait for signal and enter put.

kite, if u say "sorry" then do mean it. keep ur fight to the right plc. we are not obliged to fight ur war or choose side. but by doing so, u harm the harmony and disrupt the discussion.

flag or not flag is really not "OUR" problem, so dont drag us into water.

morning curi some C...i think someone else did the same too here..now no action. just watch the show to get better feel. count wise this bounce mayb 4th wave of a major 4 with max target of 30000. but, i am still bearish. will see how it behaves around 28800-28900.

Hi trendplayer / flyingkite

here we talk about HSIF, not glove stock or rchi

please dont bring this kind of comment to here too. u can open a thread to condemn whoever u dont like but pls do not start the spark here.

Please keep this thread to HSIF. please, i am begging you.

Posted by trendplayer > Jul 9, 2018 11:34 AM | Report Abuse

pity la.. cfool rchi, all your topglove n supermax calls jialat liao..

hmm...guys, except for touching the downward channel...i dont see reason for strong c...be cautiously bullish..

i closed my put. 28000-28200 can take as very very strong resistance/support. moving out and stay above this range could indicate direction, 27900 & 28900 can take as confirmation.

2bits taikor, many thanks to you for the note. been learning from capt and really benefit me a lot from wave count to candle stick and trading style.

i am not very active trading nowadays, only do quality trade with almost all signals are right only enter. (earn slower but better winning chance..)

i am also avoiding scalping in minor correction, risk too big for reward. if hand gatal, 5~20% of normal trade. i prefer to ride on the major direction.

price movement i use channel pairing with RSI & candlestick. sometimes trade data like outstanding derivatives change also is very helpful.

Note: side note to all newbies, pls pls pls listen to 2bits..

Posted by twobits > Jul 5, 2018 03:25 PM | Report Abuse

Bon,

Try m5 3 waves with fibo to play hsi..
Need not focus too much on wave label..

Try focus on price structure before it move to next wave.

Dont be so certain wave 3 is unfolding... or c is ended..
Watch how price structure unfolds..

Again..price structure.

U improve a lot of your wave skill.

Keep it up!

Boost,too bad. the plan works very well for today...if u enter at the timing when all criteria met, could had earned at least 200 pts.

nvm, market is there.

next plan sideline and 6c6c..find the new range.

as for those brothers still fighting, watch actions around 28000-28200. might give us clue to where the market wanna go. good luck

been very busy in the morning..didnt manage to execute my plan shared yesterday. Hope boost did get to earn some.

now, sideline plan turned on.

good luck all buddies

boost, u r right. i have to chao ady. got work to do. good luck all buddies.

my orders all met already. no position for today.

pretty & beloved ayam, just to share u my next plan. if CBBC fat fat bull not killed and a bounce happen, wait for overbought then enter put again. if fat fat bull killed and it stays above 27800-900..stay sideline and watch if bounce range is happening. then...u know wat to do.