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/
u are right rchi ... in terms of experience, he can't beat u :) good start though cuz he has his own strategy (the unconventional as he puts it) .. trades with a plan etc etc
hehehe rchi .. no more toy cuz i need to give him a supplement that costs me about RM100 per month due to a genetic condition (paetella luxation) .. this is in addition to his daily organic diet and frequent grooming :) very high maintenance doggie !
Posted by rchi > Apr 17, 2018 11:58 AM | Report Abuse connie dun miss bursa c14,earn some to buy toy for poddle pet
hmmm ever since ayoyo highlighted about the operators' game on intra-day charts, it's so true !! no wonder it's not easy to play bursa ... their game cannot be seen on daily chart .. but they can't really hide their price & vol action on intra-day charts ! we need to know the operator analysis (conventional TA does have limitation !!)
"I screen potential charts based on daily prices, watch 15min or 30 min charts to filter the noise and use 5 min charts to ride the trade... You do this because you want to decipher what a block of volume was doing in shorter intervals than to simply see a long candle with high volume spike.."
"If you guys have access to the intraday charts, spread the intervals over a one or two week period, look at the 15 and 30 min charts, then 5 min to check on the wave within the individual bar volume spikes, you can clearly see that volume has been high on downtrend while recovery volume is weak and is an obvious trap..."
completion of an intra-day cycle does not mean price will crash like no tomorrow (remember the higher time frame support and resistance still hold) ... operators may start a new cycle all over again when price has reached a level whereby bulls and bears fight again; ie at this point they will accumulate again .. then mark-up .. then distribute .. finally mark-down !! we just need to be careful when we chase price esp when it's already at distribution stage yes ?? our stop will surely be hit when they mark-down
** good case study - HENGYUAN (remember the huge vol spike at 9.6 and price cud not go further ??? high selling pressure from operator ??? ... during the distribution stage .. up with small lots then down with big lots etc etc)
Huat arr everyone !! Drop by to say sayonara and wish all day day profitable. I have sold all my shares. Adios Connie, rchi, duit, pretty and many mores.
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/