3 people like this.

7 comment(s). Last comment by VenFx 2016-07-26 17:33

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2016-02-29 22:23 | Report Abuse

I will trade more in HSI-C17. Dont follow me as more than 90% of market traders maintain bearish view of Hangseng and China market.

Plan your trade properly. Dont let EMO and EGO rule your trading plan.

Trade HSI-C17 is not by luck but based on the LW theory. I will pay full attention on my CUT LOSS target.

Posted by duitKWSPkita > Feb 29, 2016 10:20 PM | Report Abuse X

Dear HSI-C17 traders,

Good day everybody. I expect I'll come more often. At time of writing I maintain myself a dynamic & flexible trader. I'm open for put and call warrants but for sure I will come more often at C17 thread until 2nd week of April.

I know there are many streams traders in this forum some will use FA, some engage with TA while some may deploy market psychology to trade. No one will disagree if I say despite the strength of each stream the ultimate goal is to guide us to money making & loss minimization.

Nothing new here as we know Hangseng has very tight relationship with China exchange due to the country's administrative, geographic factor and inflow-outflow factors with China capital market. In addition, global factors like Crude Oil, US market, Interest rate, Asian currency prospect etc will more and less make the index volatile.

My read of Hangseng is ONE(1) correction in this week and start to inch up from next week onward. I very "personally" has positive uptrend on Hangseng even though up to 90% of market traders maintain bearish to this Hangseng index. Prior to the expiry date, I am "hoping" for index point to trade above 19973 then 21000 in a month period. YOU ARE NOT ADVISED TO FOLLOW ME BECAUSE I CAN ACCEPT GREAT RISK APPETITE AT THIS MOMENT.

Buying up the hangseng is not purely contrarian behavior but more on facts and figures.

1) Shanghai index should find a strong support at 2600 at this moment therefore, anytime when there is no bad news there will be neutral news to push up the market.
2) Based on LW theory the market should undergo one drop this week and to start pick up next week. It concur with my reading and I am comfortable with anything around RM0.235
3) I deal with professionals and specialists so I put high hope in their competency. John Tsang and his financial expert team know what is the trend now and without second thought they know how to battle with downtrend (as what observed by ordinary people like us). With their stimulus packages they will choose the best time to intercept and to intervene to stabilize the equity market which concurrent with the effort of new SC President from China exchange.
4) Europe, Japan, Emerging markets and Hongkong will get faster recovery than others so I expect money flow will focus in the aforesaid countries.


I will not encourage or to hard sell HSI-C17 to you. I am using LW theory to trade this counter which I very "personally" can absorb great risk at this time.

Happy trading!

warmest regards,
duit

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2016-02-29 23:53 | Report Abuse

HSI-C17 expires on 28/4/2016,if wrong just correct me.

KAQ4468

21,497 posts

Posted by KAQ4468 > 2016-03-01 00:20 | Report Abuse

Lai lai lai !!!

C17 lubuk emas....lubuk emas !!! Fishing fishing $$$$$$$ !!!

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2016-03-01 10:45 | Report Abuse

Thank you guys for reading.

Fam Jenny, YES your right it will expire on 28/4/2016

VenFx

14,784 posts

Posted by VenFx > 2016-07-26 17:20 | Report Abuse

Appreciate for your kind effort, Duit bro.

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2016-07-26 17:30 | Report Abuse

pleasure VenFx bro.

just fundamental for beginner. Not qualified to share advanced info now

VenFx

14,784 posts

Posted by VenFx > 2016-07-26 17:33 | Report Abuse

Not at all, this is dam good.

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