Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME .
It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality.
Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME.
Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick .
FOR CHARTS, PLS VIEW OUR BLOG
http://chrissyconn.blogspot.com/
hi guys, just sharing some observation. chinese fund half day selling is already higher than average 20 days daily selling. means tat the selling by chinese fund is faster today. Chinese fund had been supporting HSI surge all this while, thus without them HSI might not able to defend the sell-off. the fund might come back only after 24th Feb.
allwin ... on daily timeframe, shall be looking at the congested area highlighted in yellow box but my focus is still the 200EMA ... if this area fails, then will monitor weekly 50EMA cuz price seems to respect this level ie it had bounced back from this level twice !! yes, there will be rally along the way (as with all waves; hehehe not allwin) but once the hip-hop music stops (possible overhead resistance from the 50/20EMA on daily) then we shall monitor the next lower low either to daily 200EMA or weekly 50EMA !!
hi juni .. me very kelam-kabut with waves now :) the waves on the 240min charts shud be the subwaves of wave A of WAVE 4 ? the current downward movement is WAVE 4 (which consists of waves ABC) right ?
Feb 9, 2018 09:55 AM | Report Abuse Hi connie, in my opinion, since w4 is deep, wave 5 tend to lose strength.
bon .. dow is in WAVE 4 ??? if yes, then crash not so soon yet ??? still got WAVE 5 upleg then only the dreaded GIANT ABC !! bon, me hopeless at waves now ... only manage to count the obvious :)
connie, so far i think wave 4 too. finale yet coming. as for HSIF, 2 scenario, 1. might be 4 of sw5 of major3 before next up. 28721. https://invst.ly/6l90q 2. Major 3 ended at 335xx. 5 wave down now (not sure is A of ABC yet..) with target of 29006-> 28836...see the reaction at 28150.. (forget to save the chart...haha)
we can just guess guess only with help of count. need help of other indicator to "feel" the turn.
cannot la baby, i am not tat good. i only know to buy and sell when it hits my target or behave like how i think. However when it changes it's behavior then i wont trade.
if u believe in RSI and MA, 15m has a selling signal..but how far i dunno. gud luck
lol babyta :) u use futures to trade ??? 5min breaks the ascending triangle u buy call and aim for the height of the triangle ! must be patient wait for at least one full candle above the upper horizontal line and then buy at next candle open .. u think can ah ??
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by Christine Goh > 2014-03-11 21:40 | Report Abuse
Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME . It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality. Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME. Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick . FOR CHARTS, PLS VIEW OUR BLOG http://chrissyconn.blogspot.com/