This looks like a lost post from last nite,still stuck at the webpage....... Anybody missed this? Right or wrong,it's still useful for record purposes...
hanwen I am ready to sell after 9.15am open when i see (9.15-10am) open 28079 high 28110 low 27881 Close 27909
As planned,i will clear since we oredy hold 1 day over off-day somemore,i think FRIDAY may be weak, i can be wrong! 22/08/2018 23:32
(Fuiyo the nite hours is very very close to my estimation 21.00 27970 Done 22.00 27901 Done 23.00 27970 Done 24.00 28000-27989 close 279910) 22/08/2018 23:42
Brief Quick notes (may later link to posts of ngwt,don, nicnyx-good read!) (I use 15mins candles now)!! 1. ( Between 12.00-14.00) the CLUSTERS of a)UPPER shadows around 13.45 of 27809 b)lower shadows of around 13.00 of 27581
to me ( i havent read this elsewhere in web or books--tell me if you find it) it signal the MM's plan to range-trade, (after the morning slump & failure to do higher than/above 27980-28000) for the next on going units/hours viz between 27809-27581 with a mid-point around 27700, until trend changes...
Posted by hanwen > Aug 23, 2018 04:24 PM | Report Abuse X
Brief Quick notes (may later link to posts of ngwt,don, nicnyx-good read!)
(I use 15mins candles now)!! 1. ( Between 12.00-14.00) the CLUSTERS of a)UPPER shadows around 13.45 of 27809 b)lower shadows of around 13.00 of 27581
to me ( i havent read this elsewhere in web or books--tell me if you find it) it signal the MM's plan to range-trade, (after the morning slump & failure to do higher than/above 27980-28000) for the next on going units/hours viz between 27809-27581 with a mid-point around 27700, until trend changes...
that morning failure (to me) MM will/already realised his difficulty of pushing upwards to kill bears at 28100-28200-,
so MM QUICKLY DOWN to a "safe-zone/band" to wait for next available oppurnity to attack or just distribute around this band until he decide to PUSH DOWN LOWER.....
2. To help us to see clearer, we add (from the indicator menu) the price-average channel or MA CROSS(i prefer later) with BB's MA20, with these price-average lines you can see very CLEARY how the MM navigate (manipulate!!!) his price/up&down every 15mins!!!
Hanwen, ha..ha.. I don't know how to read the indicator, but I think those indicator will be too complicated for me (intra-hour trade) to make a quick decision based on chart pattern, resistance & support line ....I'm always K.I.S.S. (Keep it simple stupid.). Anyway, thanks for your guideline, but i'm still very far to learn T.A..
Posted by hanwen > Aug 23, 2018 04:49 PM | Report Abuse X
Posted by hanwen > Aug 23, 2018 04:24 PM | Report Abuse X
Brief Quick notes (may later link to posts of ngwt,don, nicnyx-good read!)
(I use 15mins candles now)!! 1. ( Between 12.00-14.00) the CLUSTERS of a)UPPER shadows around 13.45 of 27809 b)lower shadows of around 13.00 of 27581
to me ( i haven't read this elsewhere in web or books--tell me if you find it) it signal the MM's plan to range-trade, (after the morning slump & failure to do higher than/above 27980-28000) for the next on going units/hours viz between 27809-27581 with a mid-point around 27700, until trend changes...
that morning failure (to me) MM will/already realised his difficulty of pushing upwards (and most like given up plans/hope) to kill higher bears at 28100-28200-,
so MM QUICKLY DOWN to a "safe&defensive level/zone/band" to wait for next available oppurtunity to attack ,failing which, just distribute around this band until he decide to PUSH DOWN LOWER.....
2. To help us to see clearer, we add (from the indicator menu) the price-average channel or MA CROSS(i prefer the latter) with BB's MA20,plus the BB upper&lower bands, with ALL these price-average lines you can see very CLEARLY how the MM navigate (manipulate!!!) his price/up&down every 15mins!!!
3. The Asian Close(16.30) price of & at 27694 (right on the Mid-BB line/MA20) VALIDATES the forecasting & prediction described. in 1) above.
Furthermore, after 10hrs (from 13.00-23.00 now) HSIF still behave truly range trading ,"squarely boxed" inside the "27809-27581 rectangular" as prescribe in 1) above.
Currently (23.15) the 3X15mins down-candles is challenging the 13.00 low of 27581 with a 27516 lower-low, thereby cut-down below/outside "the box" to 27490 , This is a confirmed break-down, and 27581 MUST serve as RESISTANCE from-now-onwards.
So WE WERE CORRECT in a) Sell C at Morning Opening High of roughly 28000, which is 500 lower now around 27500..... b) Decision NOT-ADVISIBLE to enter Cs (to Don) as ( "1. I wont enter C now, the trend has not settled yet......" 23/08/2018 11:34) In Fact, just the opposite ,Shorts/Hs would be a SAFER bet then.
PREDICTION: The Slump will continue 27500-27300-27100 for the next 10-15 trading hrs(with intermittent 1hr dead-cats) !!! This MAY/WOULD a 900points difference from our earlier sales of Cs/shorts!!!
Posted by hanwen > Aug 23, 2018 11:55 PM | Report Abuse X
Posted by hanwen > Aug 23, 2018 04:49 PM | Report Abuse X
Posted by hanwen > Aug 23, 2018 04:24 PM | Report Abuse X
Brief Quick notes (may later link to posts of ngwt,don, nicnyx-good read!)
(I use 15mins candles now)!! 1. ( Between 12.00-14.00) the CLUSTERS of a)UPPER shadows around 13.45 of 27809 b)lower shadows of around 13.00 of 27581
to me ( i haven't read this elsewhere in web or books--tell me if you find it) it signal the MM's plan to range-trade, (after the morning slump & failure to do higher than/above 27980-28000) for the next on going units/hours viz between 27809-27581 with a mid-point around 27700, until trend changes...
that morning failure (to me) MM will/already realised his difficulty of pushing upwards (and most like given up plans/hope) to kill higher bears at 28100-28200-,
so MM QUICKLY DOWN to a "safe&defensive level/zone/band" to wait for next available oppurtunity to attack ,failing which, just distribute around this band until he decide to PUSH DOWN LOWER.....
2. To help us to see clearer, we add (from the indicator menu) the price-average channel or MA CROSS(i prefer the latter) with BB's MA20,plus the BB upper&lower bands, with ALL these price-average lines you can see very CLEARLY how the MM navigate (manipulate!!!) his price/up&down every 15mins!!!
3. The Asian Close(16.30) price of & at 27694 (right on the Mid-BB line/MA20) VALIDATES the forecasting & prediction described. in 1) above.
Furthermore, after 10hrs (from 13.00-23.00 now) HSIF still behave truly range trading ,"squarely boxed" inside the "27809-27581 rectangular" as prescribe in 1) above.
4. ".....until trend changes... " As at & after 23.15 trend has changed!!!
Currently (23.15) the 3X15mins down-candles is challenging the 13.00 low of 27581 with a 27516 lower-low, thereby cut-down below/outside "the box" to 27490 , This is a confirmed break-down, and 27581 MUST serve as RESISTANCE from-now-onwards.
So WE WERE CORRECT in a) Sell C at Morning Opening High of roughly 28000, which is 500 lower now around 27500..... b) Decision NOT-ADVISIBLE to enter Cs (to Don) as ( "1. I wont enter C now, the trend has not settled yet......" 23/08/2018 11:34) In Fact, just the opposite ,Shorts/Hs would be a SAFER bet then.
PREDICTIONS: 1.The Slump will continue 27500-27300-27100 for the next 10-15 trading hrs(with intermittent 1hr dead-cats) !!! This MAY/WOULD a 900points difference from our earlier sales of Cs/shorts!!! 2. GAP-FILLING!!! I suspect MM intending /heading downwards to perform the gap-filling (created 9.00am 20Aug2018) 27220-27120.. 3.A meaningful REVERSAL only after 27120 is hit, and it will only be an moderate rebound,say 300-500???
( IF USD/CNY show RMB deterioration!!!) Friday trend will more likely prove you right than wrong!!!
nicnyx 4. Can you tell/guess what is the immediate REBOUND LEVEL (to cash out on this latest Cs) 27,855 would be a safe level to cash out if hit. 27,650 to cut C if clearly broken below
5, How long would it stay around this rebound level,? (when MUST you close this C when & IF trend CHANGE!!!)
broke below trendline on H1. 27,650. plus huge bearish candle today have initiate a sell off. so far trendline still holding. Price rejected 28k strongly. not even trying
6.What is the general directions NEXT 5 trading days? (To decide whether for T+3 s, H?C? safer bet)
I would favor H. Note that Shanghai is rejecting levels too 23/08/2018 11:59
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Posted by Boost > 2018-08-23 14:43 | Report Abuse
Skyhawk said still have one last chicken leg to go above 28000 leh...