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/
yes asakura .. as long as it did not break any rule as stipulated earlier !!! corrective waves can be complex and make your heart beat like a drummmmm :)
mslee ... the rule says wave 3 CANNOT be the shortest ! does not mean it's the LONGEST all the time ... say, if wave 1 is extended then wave 3 can be shorter than wave 1 but in this case wave 5 has to be the shortest to abide by the ew rule ..
Posted by mslee81 > Mar 1, 2016 12:05 PM | Report Abuse Sis Connie, truly admire your passion in EW! Between, 3 of 3 is subwave and it is longer than 1 of 3? And again in bigger picture, this 3 of big wave 5 also longer than 1 of big wave 5?
this is how ew helps to lessen risk ... remember we were at high of 19770ish ... then 19546 ... now 19488 !!! the rules will help validate / invalidate and thus help us manage our trades ... truth is nobody knows 100% what's next whether one reads waves or minds of market-maker ... we just have to MANAGE our trades using whatever rules / guidelines we adopt :)
connie...u got to understand how wave 3 extensions works in order to read how d present waves unfolding in front of ur eyes...if u cant c it use a mirror....wakakaka :):):)
Posted by connie > Mar 1, 2016 02:26 PM | Report Abuse
oh yea mslee .. that means 3 of 3 gotta wait !!! must remember 19488 k ??? if this breaks, then need to recount ..
Master Hawk, that's mean there is extension in wave 2 now? Still need to wait wave 2 to be done, right? I see global green green now, especially China.
hawk .. my wave 1 of 3 ext starts from 19488 and so i use this as my reference now ie if breach then i tersalah ... cuz me trying to use extreme level (or cut-off point) to manage !! if not, it never ends cuz at times waves can only been seen once price actions come in !!!
Connie wave a & C of wave 2 should be equal length which is quite equal based on my count. however if it extend to 5 waves, should the last one be equal too? thanks!
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
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/