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/
Connie, are you still looking at HSI? observed the up from 2:30 to 3:30, could this be that (a) was actually done @19041, and (b) is done @19166. it's just entered the (c) with even lower target!
hmmm hawk ... HSI is only processing 2 of 3 of 5 now ??? the slope of the dip in the pm session after the rally to 19230 is much shallower than that of the am session ... so, i may want to count the last downleg as v of 1 :- 1) i of 1 = 19488 to 19386 2) ii of 1 = 19386 to 19420 3) iii of 1 = 19420 to 19145 (2.62 of i) => steep slope with highest momentum 4) iv of 1 = 19145 to 19230 5) v of 1 = 19230 to 19041 (~ 0.618 of i to iii) => shallower slope with waning momentum so now, rallying at 2 of 3 of 5 ! interesting price actions :)
2. China manufacturing PMIs The China Federation of Logistics and Purchasing is to release data on February manufacturing sector activity at 1:00GMT on Tuesday, or 8:00PM ET Monday, followed by the Caixin manufacturing index at 1:45GMT, or 8:45PM ET. The official China's manufacturing purchasing managers' index is forecast to inch down 0.1 points to a three-year low of 49.3 in February, while the Caixin survey is expected to dip to 48.2 from 48.4 in the preceding month. A reading below 50.0 indicates industry contraction.
today I see his 50/50 up n down for tomoro.....not much direction....counting not that useful once....news good news hit out...anything change....quite risky for me to bet in big or small
DONGGUAN, China (Reuters) - Millions of migrant workers streaming back to China's industrial heartland after the long lunar New Year break are facing an uncertain future, as smaller factories in particular struggle to cope with anemic orders and rising inventories.
sis connie, what is the possible TP for the rally of 2 of 3 of 5?
Posted by connie > Feb 29, 2016 04:06 PM | Report Abuse
hmmm hawk ... HSI is only processing 2 of 3 of 5 now ??? the slope of the dip in the pm session after the rally to 19230 is much shallower than that of the am session ... so, i may want to count the last downleg as v of 1 :- 1) i of 1 = 19488 to 19386 2) ii of 1 = 19386 to 19420 3) iii of 1 = 19420 to 19145 (2.62 of i) => steep slope with highest momentum 4) iv of 1 = 19145 to 19230 5) v of 1 = 19230 to 19041 (~ 0.618 of i to iii) => shallower slope with waning momentum so now, rallying at 2 of 3 of 5 ! interesting price actions :)
BEIJING, Feb 29 (Reuters) - China's central bank reduced the amount of cash that banks must hold as reserves for the fifth time since Feb. 2015, as it seeks to revive a slowing economy.
The People's Bank of China said on its website that it would cut the reserve requirement ratio by 50 basis points for all banks, taking the ratio to 17 percent for the country's biggest lenders. The cut is effective March 1.
ohh no.... very hard to catch up all comments in all pages which I left out...... I hate u guys always bully my mummy when I'm not around... luckily U all pamper her as lenglui... thank you all..
I'm very happy to see most of people here start to set cut loss and profit taking plan in this volatile market to maximize gain.
I wish you all happy trading and all the best in every transaction.
good morning buddies ... was busy watching my idol LEO accepting the best actor award last nite :)
anyways, those trading hsi must be feeling agitated now cuz diff peeps say diff things right ??? well let's put it this way, u must trade with your own methodology aiming at (1) lessen risk - set a stop loss (2) eliminate risk - adjust your stop loss as price moves up (3) finally protect your profits - when there is no more risk meaning price more than your cost, u must protect the profits .. even the bested chartists or the bested psychologists in i3 have to average down / cut loss at times ... why like that geh ??? simply becuz nobody can beat the market ... no holy grail trading method :(
so, back to HSI let's recap again :- 1) WAVE 4 rally ended with a running flat at peak of 19546 2) wave 1 of WAVE 5 dipped to 18854 (19546 to 18854) 3) wave 2 of WAVE 5 rallied to 19488 (18854 to 19488) 4) wave 3 of WAVE 5 consists of 5-waves :- a) 1 of wave 3 dipped to 19041 (19488 to 19041) b) 2 of wave 3 may rally today to 38F / 50F / 62F or even 78F so long as it does not go beyond 19488 which is start of wave 1 (so, look out for violation of 19488 cuz this will call for a recount if u are trading with EW principles)
this was how 1-of-wave 3 behaved yesterday on intra-day chart ... so, good luck to ALL whether u are holding Cherry or Pear :)
Posted by connie > Feb 29, 2016 04:06 PM | Report Abuse X hmmm hawk ... HSI is only processing 2 of 3 of 5 now ??? the slope of the dip in the pm session after the rally to 19230 is much shallower than that of the am session ... so, i may want to count the last downleg as v of 1 :- 1) i of 1 = 19488 to 19386 2) ii of 1 = 19386 to 19420 3) iii of 1 = 19420 to 19145 (2.62 of i) => steep slope with highest momentum 4) iv of 1 = 19145 to 19230 5) v of 1 = 19230 to 19041 (~ 0.618 of i to iii) => shallower slope with waning momentum so now, rallying at 2 of 3 of 5 ! interesting price actions :)
adorbs regionnnnn ... wah a few counters on my list dropping like a rock !! no joke playing on bursa playground nowadays .. expect the unexpected everyday :(
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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/