gotcha rchi dear ... not gigantic eruption .. multiple orgasmic explosion :):):)

the tech sector index is in fact very strong :)

oh rchi .. they are frying those which have been under a long period of consolidation !!! no wonder so geng now the wave :) which one has NOT been fried yet ??? huhuhuhu

oh twobits ... wah i hope she only processes C next week and not later !! if later, then next week is to look for opportunity to long already yes ??

rchi dearrrrrrrrrrrr .... e-force is tech stock right ?? can soar like dataprep or not ?? :)

sob x100000000000000000000000000 (RRR = 2.5)

twobits ... i really hope to see SHS (rolfie's fav pattern) !!! the 20ma on 1H is truly a strong dynamic support ... look at the inner trendline ... she is retesting it 2nd time ... let's see next week can play or not ... if u have spare time u do your count k ?? :)

http://invst.ly/30s0z

which one ?? jcbnext ah ??? hehehehe ... the D-counter i can't touch already :(:(:(

datuk .. congrats !!! 0.20 now :):) oh this is also paperplane's pick eh ??? fantastic .. am looking at his jcbnext

wahhh datuk at 0.19 RRR is 2 !!! what the ??? aiya shud have bulldozed at 0.15 yes ??? hehehehe ... very typical of trader's emo .. shud have .. what if .. hope !! hehehehe

datuk .. i did but only yesterday morning when price was already 0.15 !! then i calc my RRR which is 1.0 and so i skipped ... aiya but she surged much higher than my target price :(:( nice j-hook pattern !!

happy new year prob :) balls are always interesting irrespective of in-which-context !

hahahahaha raider :)

r3d3 .. really appreciate your sharing !! hope to see ya more often :)

r3d3 ... yesssss rayner also talked about this ! thus, he always said i don't give two hoots about your win rate .. what is more important is this so-called expectancy ... one can have 99% win rate with very smallish average win but it takes just 1 losing trade to wipe off the gains from these 99 winners if the loss from that one trade is HUGEEEEEE .. i think it is important for trader-wannabe to truly understand money + risk management before he/she even goes into topic like trading strategy :)

oh r3d3 .. i don't use a general 8% cut !! rather i use a few bids below previous swing low as my cut loss level .. depending how i enter .. and sometimes can be a few bids below a candlestick reversal candle .. i don't trade frequently becoz of my conservative approach ... and i am definitely NOT a momentum trader ... i prefer the swing approach :)

today i must also let go fgv in case cannot break that 50ma on daily ...

datukkkk ... but datin mostly plays swing so i don't hold long long like datuk ya ?? yes yes happy :D come give datin another good one but don't want up up so much already ..

okay let's see if she will do as attached :) i guess shorties wud put their stop some pips above previous high (provided that's the high) and if b bounce to the level i label they are safe ..

http://invst.ly/30qot

noted with thanks twobits ... one nice rejection candle on 1H upon hitting your target maybe second in the making ! but still too early to call top .. wud be good to see a H&S pattern later ... meaning break 20ma and then retest it

hi ming .. thanks so much for your reply !

twobits .. no sign of exhaustion at all on 1H so far !! don't tell me it's gonna be a wave 3 on 1H ... look at the AO higher on this upleg :)

twobits ... hit your target 22600 !!!! wait wait wait for sign of exhaustion if there is any ..

morning r3d3 .. i compute RRR to see if a trade is worth taking !! less than 1 is no point ... to get RRR i wud have stop loss level and take profit target ... so, based on the stop loss level i wud use position sizing to determine how many shares i can buy if i don't want to risk 1% of my capital :) yes, been following ming's posts !! like his analysis

morning datuk .. hehehehe :)

oh u had such intimate moments with felicity ?? hehehe
p/s - this man loves his woman so much that he names his blog after her !!! okay henceforth i shall ask my beloved to name ALL his stuff after me .. and put all his assets under my name as well :):) LOLLL

abangadik .. it's a good discussion to share with all !! no flooding the room .. btw, profitman told me before that felicity is actually a man .. that's the name of his darlin' if not mistaken :)

hi rikki ... wud be awesome if u cud also share your passion here in cc kopitam !! for a change ??? #newyearnewyou :)

errr but for my trading purpose, i don't use this margin of safety .. rather i use RRR aka risk reward ratio !

hi r3d3 .. everybody is welcomed here !! u are not barging in :( oh let me try k ?? if i remember correctly mr OTB said margin of safety = (target price - current price)/target price x 100% .. oopsi hope this is not terribly 'abusive'

hehehe ... unlimited zero for richie rchi :) u too have a great day ! getting eager to have a chat with ming :):) LOLL

oh abangadik .. i don't average down !! that's why my trading approach is always very conservative :) ahem ... brain-washed by u-know-who

hi ming .. enjoy reading all your postings ! very good sharing :) been following airasia .. counting her waves .. waiting patiently for a reversal trade !! i have a support zone between 2.12 and 1.89 .. in such a strong trend, do u merely use candlestick reversal at support to long ? say there is a bullish engulfing at your 2.1 support, do u buy at the next candle provided opening price is not lower ? or is it a better idea to wait for a break of structure on lower time-frame to confirm a possible counter-trend play ? many thanks

anyways still too early to call bottom (i have a support zone between 2.12 to 1.89) ... when a trend is strong, it's advisable to see a break of this trend structure before consider long !! don't advocate averaging down unless one is a long-term investor and understands the FA / margin of safety etc etc ..

aiya ... downgrade by DB still not dropping more :(:(:(

rchi .. i always think of you !! i don't need the scent from chanel to remind me of ya :) your masculinity is above all else !

klci wave count ?? twobitsssssssssss .... abangadik calling :)

hehehe .. can see that u are pushing very hard from behind of vis :)

oh i see rchi :):) lots of activities 'backend' eh ??

bo .. great that we talk and understand the same lingo :)

wow 1st time reading position sizing in i3 :):) peeps only talk about stop loss but never touch this important topic on risk management !! good read ... i fix mine to 1% of capital balance and then work backwards to calc how many shares i can afford to buy

http://klse.i3investor.com/blogs/candlestick/113061.jsp

hmmm twobits ... moving to your 22600 area !!!! will be hawking there now :):) see whether can break your structure or not later ..

Posted by twobits > Jan 3, 2017 11:00 PM | Report Abuse
HSI 3-1-2016
expecting some retracement before the next push to 22600 area.
structure is good for now.. higher high higher lower

rchi ... from what i notice, u are NOT a high frequency trader all along !! and u really focus on the counter that u aim :)

oh bo .. i understand your chart now !!! yes, obviously the peak of A or base of B will be the flip (ie resistance turns support) zone for target of wave 1 .. also got your 61.8% retracement :) however, ps do not be too fixated on wave 1 and 2 now cuz if u use a line chart on daily, your wave 1 bottom barely closed into the range of the peak of your A ... thus, your alternate count shud consider A as 1 and 1 as 4 ! do i sound complicated ?? hehehe

Posted by Bonarda > Jan 4, 2017 11:11 PM | Report Abuse
"Targets for wave 1
The first wave, a new impulsive price movement, tends to stop at the base of the previous correction, which normally is the B wave. This often coincides with a 38.2% or a 61.8% retracement of the previous correction."

noted with thanks hawk .. i leave this bugger for a while now (since my HTF is 1H) till there is a change in the structure ie break your higher high and higher low .. trend is strong and price is far away from 20ma .. time to snap back with the rubberband effect .. LOL ??? also reached 2.618F ext with a 5-waves at sight !!!

any hsi rehab centre ???? i will check-in !! LOLLL

true true rchi ... must kick this hsi addiction and focus more on others :)

hawk .. on the fractal waves, there shud be a pullback (ABC) larger in time and price since 5-waves are terminating !!!

http://invst.ly/30gzq

morning rchi dear ... oh u out of H ! VIS eh ???

bo ... will take a good look at your chart later !! had a glance .. so neatly labeled :)