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 .
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Connie, https://ibb.co/jn3cFH I will be shorting. I have two entry point , first one at the 1.414 and in case it can go up to the 1.618 fib based on bearish butterfly harmonics. 1st Profit taking point will be at 0.382 fib and the next is 0.618 on the most right fib drawn.
of course its just paper trading given that HSIF have the evening session, but its just a scenario of harmonics pattern, will draw another one that occur also this morning.
junjie .. oh harmonics and fibonacci work hand-in-hand :) entry either 1.414 or 1.618, i suppose your stop loss is some pips away from 1.618 ? from 19/3, the price action structure has been pretty good .. before this, it was very messy ... if i were to trade, i think my entry shall be the circled area (TAZ); somehow i like retest of resistance area as confirmation that the bears rule .. SL some pips away from last swing high .. then i have TP1 and TP2 !
very interesting stuff this harmonics butterfly :) thanks so much for sharing JJ !
morning datuk ... the first 5min vol is too high !! i wait for her to take a breather first .. 0.32 is a strong weekly resistance ... let the sharks absorb more supplies there first
hawkkkk ... congrats :) so powerful your tsunami !
wait for next few days to cool down.. whole msia is calling a buy on it yesterday night :D
Posted by connie > Mar 21, 2018 09:28 AM | Report Abuse
morning datuk ... the first 5min vol is too high !! i wait for her to take a breather first .. 0.32 is a strong weekly resistance ... let the sharks absorb more supplies there first
hawkkkk ... congrats :) so powerful your tsunami !
Hahah...recently I cannot simply share...cause I too dark liao...when luck bad...we earn together ok....if you wan 200% gain...you can keep accsoft for long term from 0.180
twobits ... indeed an ascending triangle on ucrest 5min and there is a breakout !!! if price is going to hit 0.33, hope to see tight consol around this area before it goes full blown bounce to your B wave ?
what sort of pattern can we make out from HY 5min and how can we trade her ?? i have got no clue now on this 5min ... price action too noisy ... perhaps need to go back 1H to find set-up :) hmmmm
Posted by twobits > Mar 21, 2018 11:13 AM | Report Abuse
Depends on mkt sentiment... 0.37 achievable!
Posted by connie > Mar 21, 2018 10:57 AM | Report Abuse
twobits ... indeed an ascending triangle on ucrest 5min and there is a breakout !!! if price is going to hit 0.33, hope to see tight consol around this area before it goes full blown bounce to your B wave ?
one thing though twobits .. when brahims goreng 2nd wave from the AT consol breakout, there is still 1H 20/50MA bullish crossover ... not in the case of ucrest !! so, ucrest lembik sikit oh ?? LOL
sorry twobits .. ucrest 1H still has the 20/50MA bullish crossover but they are NOT expanding widely like brahims !! looks more like a consolidation kinda look ... thus, no power like brahims
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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/