Steve, no worry. I'm here long enough to know who is who ;)
Oh yea~~I'm a scalpher~~
Great to know we have the same view~

Newbee, did u buy salute? It's moving again. Like I said, long term ya. 1st tp 1.68.

Ayam, fp...if before valentine bo reach 23700, I change my photo to trump trump. But I have no ticket now ya. Just want to add some excitement to my analysis.

Steve, we exchange view and challenge each other so tat we can make better judgement. If opinion n view are too much different, then also can help us to be extra careful.

On a boat to island.

I made from both direction. Enough to pay for the family round ticket. Enough lo~~like oldman~

Thx 2bits, good to have u back.
I'd sent u the email.

:)

ok guys, done my trade for today. going out. not advice hold any warrant overnight ya.

valentines day or day after could receive red rose from ah seng.
gut feel by looking at the chart. if it doesnt happen, i change my photo for 1 week.

okie FP, terima kasih banyak~

Gemini, cash market: https://www.investing.com/indices/hang-sen-40

ayam, wanna ask u something. for jpmorgan to eat up the contract, let's say 23599, does it has to close at 23599 to eat or just touch the 23599 then kaotim d?

newbee, sorry for your loss. hit restart and learn from the experience and move on.

i agree with steve that EW for longer term HSIF is dangerous. i once suffered great loss too. EW gives u a roadmap but not the exact detail how it moves and when it moves.

the best is u have few ways to analyze it, test the combo and see which is most comfortable for u.


Posted by Steve Chung > Feb 10, 2017 11:44 AM | Report Abuse

To rely strictly on EW for the longer term is too dangerous as HSI is Dynamic- it changes to the external factors (esp now with so muxh going on) and besides,

Notice everyone has a different interpretation on EW? Thats becoz it depends how they chart or they chart the way they want to believe (no offence, EW chartist)

haha..i thought u r the Junichiro we once discuss about wave with connie and twobits in cc?

Juni, the note on my chart posted earlier was blocked.
"b: 24050-150 (0.90 of a, also 1 of subwave 3)"

thus it's still possible to reach there but if pair with CBBC data, i think 23700 is more likely the end.

anyhow, risk reward to bet on c getting smaller...good to stay sideline to wait for the wave to settle down.

juni, here you go.

in hurry now. leave ur view, will discuss when i am free.
https://invst.ly/38hx3

newbee...i hope i am wrong..but yes..upside trend not over.

wave count rules not violated, HSIF to reach 23700 (HSI 23770, close to 23800 for banker to makan all bear contract)

thx..

1491 contract habis makan..

i curi curi enter h just now. earn 0.05 nia cabut d, the direction is too obvious d.

ok. for earth sake, we will not play war game but handball with coconut.

dehydrating..

oh ya, forget that i have date with my macha to play coconut throwing war game.

hahaha..already no tears d. going to dehydrate soon..saliva flowing out none stop!

but luckily bo enter H too for FIFO because the waiting for stronger signal. but guess gonna wait.....

for tomorrow, oil price will be key. oil counters dropped for 2 days. if today data favor oil price, then tomorrow will move up again.

always ayam kokoko nia then index move up d. haha..

anyway, clear my remaining C..if my view is wrong, i will cry silently at the corner..

FP, i'll cash out my c. 1hr chart show some sign of correction.

newbee..we had been sharing so many views here..

it's likely it will move all the way up to 23700 before a bear. but for when will it happens, i cant really tell. tat's y i give up trading on longer term and switch to day trade and short term trading.

on hope..it's depending on ur warrant expiry and exercise price. if February...u have to pray for the bull cycle to complete very very soon. so that more time for H to recover.

however, if the exercise price is too far to achieve before expiry..the warrant will not move much too.

newbee, H will come but given the condition now, it seems not so soon..
u have to plan in how to minimize the impact of decay and expiry if you want to continue holding on to your H.

lock portion of the profit too.

today i wont eat any chicken product to show my respect to ayam..

on chart, this dive has pierced through the upward channel..which signal a downtrend. However, this happened once too on 2nd feb and it managed to recover. let's see..

aiyeh, overall is 61:39.. the data i compiled is by looking at the contract volume nearest to current reading

CBBC distribution,

Bear:
23400-499 (1491), 23400-599 (2578), 23400-699 (3454), 23400-799 (5760)

Bull:
23100-199 (234), 23100-099 (239), 23100-22999 (971), 23100-22899 (2031)

the stat is still favor bull. ayam, agree?

ngwt so chun!haha..good morning all!
ngwt, wat is ur view for today?

Posted by ngwt > Feb 8, 2017 09:13 AM | Report Abuse

Morning, today HSI is expected open lower 70 point...

ya, was checking the chart. last time 0.05 also like bo rasa..

China foreign reserve reduced by 0.01 trillion. not a good news but ah seng seems not swayed by it.

good sign or belum react lagi?

by the way, proven the experiment failed..

it bounced up back everytime the 15m 50ma is touched while 1m 50ma seems to be resistance..

testing a mixture of few indicator to predict the movement. let see if there will be a late 10 mins upward show..

i agree with you on longer term trend.

the 1min chart is used for FIFO reference.

Fp, correction. should be 1m chart.

Posted by Bonarda > Feb 7, 2017 12:12 PM | Report Abuse X

hmm..fp, i see downtrend building in 5 min chart. there are bearish crossover.

newbee, mayb u can refer to mac bid/offer price for this warrant.

hmm..fp, i see downtrend building in 5 min chart. there are bearish crossover.

congrat dato and rchi for the pick.

dato, i dare not enter S because of the company performance..and..my poor eye cant see any wave from the chart too..haha..anyway, congratulation!

ayam..i hand itchy reenter again just now @23266..the drop was well supported by 1m 200ma (now back to above 20ma already) and 15m 20ma.

let share the observations here.please feel free to copy,edit and paste in ur comment

HSIF down factor:
[Bon] CBBC overall distribution shows that banker has more meat in H
[Bon] Trump's effect taking a break
[Bon] France election (apr), another trump in making (the chaotic one only, i doubt she can bring the Trump's Dow effect)


HSIF up factor:
[Bon] CBBC distribution by volume of nearest area is favoring C, to 23800
[Bon] EW: the current mini wave could retest region around 23350-23400. if 23400 broken, next likely will be 23700
[Bon] if EURO and USD continue to go down, money could be coming to asia

while i was typing, my sell queue got matched.haa..

good morning all~sold my c. c6c6 from side.

chart is still uptrending

the 1hr 20ma has crossed above 50ma line, which to me is a good sign.

though now 1 min does the opposite but 15m still look good

bot back c again..

just sold the c i bot back. wait for another touch at the line to enter.

chart shows fast climb is coming ..anyone sees the same?

ayam..i think it will continue to be c. HSIF bounce up back everytime the 20ma line is touched.

ur boat still got place to jump in?

good morning all..

have not heard from connie and twobits for so long. hope both are ok.

ayam, thx for the message.

Despite my wave count (23700), positive economic data, dow 20000+ but i too worry about big u-turn.

The volume of nearest bull bear distribution also dont help as they just slightly heavier in H.

need to monitor further for more confirmation. stay sideline now.

oldman, if not mistaken u have c too right?

just to let u know i'd sold my c ya.

1. i had earned enough
2. i scare sudden u-turn like ayam's commented.

it's friday!!

let's switch off and have a good weekend!!

Don, betting on positive dow & dax and cbbc distribution area..