wait for 4pm Hr & the first 15 mins to see should there be a reverse trend

ayam, even DAX's 4H & Daily points to downtrend. I do not believe there'll be any huge rebound today. trade C with care!!!

potential turnaround

hope those dat bought H, managed to make decent gains during the morning session. H57 reached 0.32, and H63 reached 0.505. My initial TP given were 0.315 & 0.505. Best TP for H warrants for afternoon session.... H57: 0.345 - 0.35; H63: 0.535 - 0.54. Use this as a guide only. Take your profits always to your own comfort level. This is not advice to buy/sell H warrants.

For afternoon session, need to see what happens during the break. European markets stock futures range from -0.20% - 0.35%. During break, price would retrace, and when afternoon session starts DAX will dictate trend. At the moment I'm personally inclined to a downtrend to retest 22,841 low made on 13 Oct. Whether it can reach here or close to it.............. to be seen.

final pushdown before reverse

duit, humour adds to the stressful life of a day trader. don't let any words hurt you emotionally. Take it easy & do contribute to this forum as we are all here to learn & help our brothers & sisters earn whatever monies they can make thru informed & well analyzed decision making. we never want to see anyone lose money. most of us here would have lost quite a lot of money on the stock/forex market, but with friendly collaboration we can, hopefully, make everyone smile as often as possible.

for those interested to see how a similar behavior of this index worked, see 14 - 17 Oct trading where lowest value was 22,918 & index closed on 17 Oct @ 23,061. Is this a coincidence that they want C36 to be out of money??????? Any wise thoughts?

best possible TP: H57 = 0.33, H63 = 0.515 if index drops to 22,940

bought @ 0.25 disposed @ 0.29. still holding a small amount as I believe it can get to as low as 0.315 for H57 & 0.50 for H63...... ONLY if downtrend continues, which at the moment seems to be doing so. There's always opportunities to make money on C when it reverse trend for a break as nothing goes down in a straight line.

4Hr & Daily points to downtrend. Trade wisely & make your $$$$$

downtrend to continue. 1st TP for H57 = 0.285 - 0.29

Hi connie. Hard to predict in advance as with any stock/forex market, more so HSI as its quite volatile. Best to trade on a daily basis. One should have considered how the European & US markets had performed the previous day. It gives one an idea which direction the index is likely to head. For now HSI looks like a range trade between 22,750 and 24,100. As long as it remains within this range & where the index is, I guess one should be able to make out which direction would be the dominating trend based on 4Hr & Daily technicals.With HSI into its 3rd session and it trading below 2nd session's close, and with nearly all other stock market indexes heading down before the US markets open, my guess is that it would be mainly a RED day for most markets. US market futures are negative too at the moment.

duit, possibly by end of the week.... for the day, it would be a BIG BONUS for U and everyone else holding H. I bought very small @ 0.25

For H57, 0.275 - 0.28 is a possibility if the downtrend is strong to push the index down to 23,260, then 23200.

Answers above are clear that market forces drive the index up/down. Therefore, go with the trend with strength always. As FP pointed out, only when volume is low can MM influence the index for her gains.

With C36 expiring on 28 Oct with an exercise price of 23,200, would it be a possibility that the index will be driven down below this by end of this week? Some experienced traders here might have a better idea to answer this as some of you having been trading these warrants for quite a long time? Its just for knowledge purposes so that all are aware if this may be the case.

4Hr Chart has 150MA @ 23,298, normally an area of support (ie price rejection if index is moving down). Looking @ HSI's past behavior, this MA has been respected at most times, though index could sometine dip slightly below the actual level. Those wanting to enter C, wait to see if it rebounds after 12noon, which means waiting for 0.355 - 0.36 (C66) or 0.68 - 0.685 (C48). Use this as a guide

for C66, wait for 0.345 or 0.35 if index reaches 23220. No guarantee OK? Follow the trend.

Wait for support @ 23300 & if breached @ 23220 for C holders. Otherwise enjoy H ride. If HSI follows similar to Euro & US markets, mainly a down day.

You're welcome acmilan. Please invest in a training course. It'll pay you back many folds. Also some of the experienced sifus here can help you, whilst all of us are still learning on how markets actually behave. There's no magic formula..... just need to be aware of the trend at all times & do not go against it. As fairplayer has also explained, we need to be emotionless & need to cut lost as early as possible to avoid huge losses. As long as one has capital, you can always recover back by making the right trades. Good Luck in your future trades.

Thanks FP. Am better aware of the sensitivity & its relation to its price.

Thanks FP.... great! That means C48 will have a chance of gaining more on every 14.18 points advancing as compared to C66? Is that so?

FP, what does the sensitivity reading means? This is something new to me. Appreciate your feedback here.

Sorry to hear acmilan that you had lost big. Like you, even I have lost on some of HSI Warrants before & I'm sure a few others would have too. I took the trouble to undertake a Technical Chart Analysis Course, applicable for forex & stocks too. If you are interested, have a look at http://www.asiaforexmentor.com/. Ezikiel is very good & course is held in Singapore.

Thanks FP. Lets keep collaborating among the members here & hopefully those who have lost will have the chance to recover.

FP, wat would be the next best Call Warrant to trade as you are experienced with these HSI warrants? Hopefully others made some good profit too during the afternoon session.

On 4 hourly chart, a positive pinbar has been formed, which is a good sign, indicating that recent uptrend is intact & will continue. My feeling is that the index will move up during the break session & possibly open higher from its close. If DAX (currently positive) can carry the indexes higher, than it'll be great. Otherwise, be contented to get out with any profit that you can get. Trade at your own risk!

if price closes above 23576 at 12 noon, then I believe it will move up. Lets hope C36 can finish on a high today for those who favor C.

No huge selling pressure yet. Possibly retest 23,480 again, and at the worst 23,435 - 23,440.

see if there will be support @ 23,440 for C holders. Otherwise enjoy H ride for a short while

If uptrend remains intact this week, then next resistance levels are 23720, 23910 & 24075.

Looks like 23,630 prediction was reached today. Highest on Forex market during 2nd session was 23,632. Daily & Weekly Charts have turned positive. As to how long this uptrend may last, we'll have to take it day by day as situation can change with lots of external factors. I managed to dispose off my small number of shares @ 0.29, 0.295, 0.30 & 0.305. Only holding 1,000 now to see if tomorrow can end on a high note. With US market futures all in positive territory, I believe (and HOPE) that it'll be a good day for US markets to end on a high. Will release remaining shares in the morning with, hopefully, a higher open than today's close.

Agreed FP. With US markets futures & European markets (DAX, CAC, FTSE & EuroStoxx) all between +0.22 - +0.34, it wouldn't be surprising to see further gains in HSI during the afternoon session. Most market indices currently on Forex Trading are in uptrend mode. Nikkei powered up more than 210 points so far.

4Hr & Daily chart for HSI as of now looks good. Levels to test include 23530, 23590 & 23630 for the short-medium term for uptrend being intact. No guarantee these will be reached today, though 23530 hopefully can be reached before 12:30pm break. Nothing moves in a straight line. Best thing to do is to look for opportunities when prices are retracing after a run-up, and do not go against the prevailing trend.

that's right Sky..... good education for those that are newbies here.

from 4hr chart, 1st resistance test will be middle boundary of 120BB around 23,530. let's see.

Nikkei powered up 150 pts this morning & ASX is up too. With a positive finish for US market indexes yesterday, lets hope its a good day for C moving in a better uptrend today. Good Luck

HSI is currently @ 23,330 & 4Hr & Daily candle looks positive. Those who had bought C to keep overnight, and unknown to me I also had an order that was triggered off to buy @ 0.27, lets hope that HSI & US markets close much better than yesterday, where the indexes had been advancing since morning. With the indexes very much positive yesterday and with gains during Forex trading, profit taking took place as soon as the US market opened, which sent the indexes back down again & although the indexes closed positive, it was actually lower than its highest point. Something to watch out for in the future.

I was away this afternoon & missed the action of what had happened when H was in control with HSI index bouncing off the lower boundary of 20BB & closed @ near 23,270. Since then most US & European stock markets indexes are advancing upwards. Last two 4Hr candles are green and have moved up from its low made 5 hrs ago. It looks more positive for HSI once US markets open. To me, the current setup for uptrend looks better to sustain until end of US day trading tonight.

i had been badly burnt at an early stage when buying into KLCI Warrants & vowed NEVER to touch them again. Its your money, you decide if you want to take the risk.

ASX, Nikkei are up. This article, http://www.investing.com/news/stock-market-news/shares-in-asia-in-positive-territory-as-china-economy-data-aids-outlook-433249, does say that other markets are also in positive territory, except HSI. HSI's 4 hr chart had formed a candle that stayed above both 25MA & 150MA. Its still in uptrend mode unless something drastic happens in the afternoon. Good Luck for the 2nd afternoon session.

Watch what happens with other stock market indexes trading on the Forex Market on how they are performing during the break. If they move upwards, then HSI should open up higher again & depending on how DAX performs, it can either go up or down again. DAX futures currently @ +0.36%. For now, other US market indexes are slowly creeping up.

if you look at HSI's 15 mins chart, the price (having moved down) had stayed above 365MA, which is a strong rejection area, ie, whenever price gets close or just crosses & comes back down/up, its likely to be rejected. If its advancing up, it'll be normally hard to break this 365MA the 1st time (as happened yesterday & finally broke during the 3rd session after 6 hours). Similarly, once index had moved up & coming down back the 1st time to revisit this 365MA, it should be supported. if this is broken somehow during the break, then next resistance will be 150MA @ 23,250.

today's morning session, I believe, has provided both C & H camps to get in/out a few times as it was very much trading sideways. what had happened was, as summed up by FP & Sky, that the index had built up yesterday and today it opened lower to provide an opportunity for both camps to make whatever they could.

still no clear direction. wait for 11am.

http://www.investing.com/news/economic-indicators/china-39;s-q3-gdp-gains-6.7-as-expected,-retail-sales-better-than-seen-433241

http://www.investing.com/news/stock-market-news/u.s.-stock-futures-rise-ahead-of-inflation-data,-earnings-in-spotlight-433068

horseh, there's always another opportunity to make money. just need to be extra careful & most of all..... do your homework & don't jump in blindly. if one does all the proper plan, then once you are confident that you have the right conditions in your favor, then by all means, go ahead & make money, AND always set your target according to your best judgement. this is another advice for all.

this investing.com site recommended by duit also provides clues on what's generally happening in the markets. read this news article to know more on what to expect every day:
http://www.investing.com/news/economy-news/top-5-things-to-know-in-the-market-on-tuesday-433047