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/
evel .. i took a risk on drb mummy yesterday and am starting to trail my profits now !! as price is still far away from 20ma on daily, my 1st target is at this 20ma dynamic resistance around 1.32ish ...
hsi : i was looking at daily, price above the MA, lower tf 5 min, was pressed down by MA and was at lower bb and it eventully jumped up...i thot rchi target area 22880...means now gona pullback or gona move forward since futures is green?
and congrats on drb! sold too early but lucky still profit
juni .. did u wait for the candle to close ie if your ttf is 5m then must wait for the 5m to close; cannot trade an 'unfinished' candle !!
Posted by Junichiro > Nov 10, 2016 09:02 AM | Report Abuse I have tried using 5 mins TF on CPO futures. I got this experience. The candles plunged. I shorted. Before I can finish covering the short, the candles went up n higher resulting in a loss of 4 ticks 4x25= $100. All this happen in less than 1 second.
evel .. if u look at daily, there is a double top and price has NOT been able to turnaround ie go back up above 20ma .. with this in mind, for my own interpretation, the bears are still there !! then there is still a downtrend TL on daily pressing the price .. i will definitely have this TL when i go to lower TF !! so again, it's like dingdong dingdong between the price channel and play accordingly on lower TF ..
yesterday candle was a BIG spike on daily due to the T-effect .. when i draw the lower price channel i disregard this long wick and connect using the opening price of the candle !
noted connie, so confusing la, will try to paper trade so that i dont kill myself. was using the built in MA ie ma10 on investing, jus changed it to 20. tq
yes evel ... confusing like hell at times !! maybe becuz we are not PRO :(:( nowadays, i try to keep things very simple for myself .. i know me ie a very methodical / structured person .. i like rules .. i like formulae .. i did very well in maths but if u ask me to write an essay or interpret more complicated stuff i DIE :(:( therefore, i hardly use EW which are too subjective and very hard to trade them based on the rules !!!
jt .. thanks for the compliment !! as with any other profession, some peeps just outshine others cuz they have the talent ... and our rchi taiko has that ... we can't force it :(:(
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/