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/
bonarda .. if u read that book visual guide, they always have 2 counts actually and it can be one bearish and one bullish just so they can react differently either way it goes ..
Posted by Bonarda > Mar 4, 2016 03:39 PM | Report Abuse connie, ur count is so great. still way to go for me. i counted wrong terminus points few times and make losses. lesson learned with fee paid!
Bonarda HQ moves with emo too...pls enlighten if you have time...I m always eager and humble to learn here..this thread got very kind and well informed sifus...
Posted by Bonarda > Mar 4, 2016 04:15 PM | Report Abuse
ya. it moves in tandem with HSI. unlike HQ, it moves not only with HSI but also emotion..
kleee one must manage own risk not just blindly follow ....remember warrant expiring u need to do self research how it works and depreciates sorry to hear about your loss.
Tell you my affinity with index-Cs vs stock-Cs (levelplaying field/imperfect market/wrong pricing)
stock Cs the local operator/manipulate CAN manipulate even if there is errors in pricing (eg Dsonic CD market price mum now 1,35 but the issuer fix strike price @1.18)
Index Cs like HSI, Macquarie cant manipulate and press down the HSI in HK if next week President Xi want Shanghai & HK big up to celebrate the NPC success or bullish new measures
any way this heng seng I wont hold much now I just hit and run...seriously casino...better u all try avoid if anything just cut ...drag might kill I still side line...hold some counter only...
billy .. thanks for sharing !! it's really not easy to play ... all these instruments are really meant for the experienced players like your good-self to flirt with
buddies ... people always talk to me about buy rate + vol and i shrug it off cuz i don't know what the heck they are talking about !! but this gentleman explained it so well .. i have a very crystal clear pic now and shall attempt to look at buy rate and what-nots effective 7 mar onwards :)
You want straight to the point,come to hq thread,for a start read this straight to the point FACT..
Posted by Coldrisks > Mar 6, 2016 10:18 AM | Report Abuse
time for hq is short, it take about 2000 pts drop for HSI to rich the current price, even if the index drop on Monday hq would not move much. it will be safer to buy the longer time puts, if you think hangseng index is going to drop. No doubt you can earn money fast but you can lose fast as well, puts and calls are two edge sword, it cut both ways...
If that someone hate me now for writing against him,he will thank me when people start attacking him like they do to OTB now. Good bye,this is my last post here.
Connie TQ for the link to Simon's blog...Skyhawk TQ for your insight/alert...KLEE TQ for your facts...I swapped HSI H to C on Friday, but I think China's forecast on lower growth rate may just be the straw that is gonna break the unta's back.
Posted by klee > Mar 6, 2016 12:20 PM | Report Abuse
If that someone hate me now for writing against him,he will thank me when people start attacking him like they do to OTB now. Good bye,this is my last post here.
hawk ... i checked out the fibo multiples for expanded flat again ! C = (1) 1.618 x A or (2) 0.618 x A past A ... with this, i recalc my target for C :-
BIG WAVES WAVE A = 18537 to 19717 = 1180 WAVE B = 19717 to 18286 WAVE C TP1 = 18286 + 1180 * 1.618 = 20198 (it has passed this point !) WAVE C TP2 = 19717 + 1180 * 0.618 = 20446 (monitoring this target !)
SUB-WAVES ON INTRA-DAY CHART a) i = 18854 to 19488 = 634 b) ii = 19488 to 19041 (~ 0.618 of i) c) iii = 19041 to 20090 (~ 1.618 of i) d) iv = 20090 to 19801 (~ 0.382 of iii) e) v tp = 19801 + (20090 - 18854 * 0.618) = 20565
FIBO PRICE CLUSTER THAT GIVES HIGH PROBABILITY WAVE C TP2 = 19717 + 1180 * 0.618 = 20446 v tp = 19801 + (20090 - 18854 * 0.618) = 20565 therefore, perhaps we shud be looking at approx 20500 for this expanded flat to terminate !
HOWEVER hawk; if price goes past 21000 (which is the price extreme of WAVE 1), then the expanded flat is NOT valid anymore and the current upleg cud well be the commencement of a new set of bullish waves !! i guess won't be surprised to see -D on macd cuz 5-waves structure has already taken place on intra-day and the next to expect is 3-waves corrective ... as said before, it's too earlier to determine the WAVE level of this 3-waves (tentatively can either be WAVE 5 or X or 2 !!!)
callers shud set very tight protective stop now in view of the tp at 20500ish ... putters shud wait first ie until this upleg terminates !!
Posted by skyhawk > Mar 5, 2016 11:51 AM | Report Abuse connie...when u look at d hsi future chart...d powerful macd negative divergence is staring at u 'LOUD N CLEAR' that trend reversal is imminient...jst hope those on callies will activate their war plan effectively lor :):):)
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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/