Posted by connie > 2016-11-15 14:51 | Report Abuse

if u are interested in daily chart, then better wait till closing to decide whether it's a bullish engulfing or not !!

Posted by connie > 2016-11-15 14:53 | Report Abuse

even if it's a bullish engulfing today, does not mean the underlying trend has changed .. perhaps on shorter term basis, the rally shall continue the next day testing 4H 20ma resistance at 1640ish !!

Posted by rchi > 2016-11-15 14:54 | Report Abuse

today's candlestick will later become a 'malaysian bomoh fake green candle'

Posted by vinoth > 2016-11-15 14:57 | Report Abuse

But Connie, I thought market always move ahead of events. People are so pessimistic now that they are already assuming the worst (interest rate hike in December, trump going nuts when he assumes office). Wouldn't the market now have already factored in all these?

Posted by connie > 2016-11-15 15:04 | Report Abuse

vinoth .. i am a short-term trader and thus it's not my priority to predict or study like mad whether news / events have been factored in !! if one is a trend follower / long-term investor, perhaps it's important cuz he/she needs to decide whether to liquidate all positions ...

Posted by vinoth > 2016-11-15 15:18 | Report Abuse

Connie, can you help take a look at connect 0102. Does it seem to you that the 50-sma is about the cross the 200-sma and form a golden cross?

Posted by rob_z3_man > 2016-11-15 15:21 | Report Abuse

When will our bull come back?

Posted by rob_z3_man > 2016-11-15 15:21 | Report Abuse

201 fatt?

Posted by rchi > 2016-11-15 15:53 | Report Abuse

ok technical rebound for the 55 pts drop almost done...watch the bomoh show.

Posted by Jact5796 > 2016-11-15 15:57 | Report Abuse

Bro rchi. still ok to hold H?

Posted by rchi > 2016-11-15 16:00 | Report Abuse

yes

Posted by Jact5796 > 2016-11-15 16:06 | Report Abuse

Ok. Thanks bro rchi =)

Posted by connie > 2016-11-15 20:23 | Report Abuse

vinoth .. nothing's changed since 29/9 !! still take note of the strong downward trendline when there is a breakout from the descending triangle formation which u can see from the daily chart ... price may break UP or DOWN from this triangle so watch out closely how price progresses ... i don't look at MA crosses !
p/s - plot that major TL and then the descending TL from the triangle on your daily .. so, if price rises, u have to watch out the resistance levels from these two TL !

Sep 29, 2016 08:59 AM | Report Abuse
vinoth, there is a very strong downtrend line resisting the upward movement of connect ... have a look at daily chart and connect all the high peaks from 2/7/15 onwards and u will see the trendline ! so, watch out this important line ... meantime, there is a support zone between 0.11 and 0.105 .. u have to watch out the price actions (look for candlestick reversal pattern if any) in this zone .. two possible scenarios; if support holds she may go up to retest the trendline or otherwise, dip further !

Posted by rob_z3_man > 2016-11-15 20:26 | Report Abuse

Rchi Bro are u into export stocks now if usd can go 120?

Posted by twobits > 2016-11-15 23:10 | Report Abuse

KLCI 15-11-2016

Likely will test 1600 / 1588 to complete c of B.
Need to get past 1644 at least for trend reversal.

For 1500 target, KLCI need to break below 1588.
personally, i would think KLCI will reverse from 1580 region.



http://chrissyconn.blogspot.my/2016/10/klci-oct-2016.html

Posted by EVEL > 2016-11-15 23:48 | Report Abuse

Thanks twobits

Posted by rchi > 2016-11-16 09:37 | Report Abuse

so early angmo blowing out the bomoh's green candle..lol

Posted by crystal168 > 2016-11-16 09:40 | Report Abuse

Hello, very scary oh !!!!

what do you meant reverse from 1580?

" Posted by twobits > Nov 15, 2016 11:10 PM | Report Abuse

KLCI 15-11-2016

Likely will test 1600 / 1588 to complete c of B.
Need to get past 1644 at least for trend reversal.

For 1500 target, KLCI need to break below 1588.
personally, i would think KLCI will reverse from 1580 region. "

Posted by ahboy028 > 2016-11-16 09:51 | Report Abuse

Hi Sifu Rchi, any call today? Huat ah!

Posted by rchi > 2016-11-16 10:00 | Report Abuse

h97 lar

Posted by connie > 2016-11-16 10:28 | Report Abuse

crystal .. based on waves count, twobits expects to see the wave B downleg to complete at 1580 region and moves up from here to process wave C upleg !!

Posted by connie > 2016-11-16 10:32 | Report Abuse

twobits .. saw your nice inner TL from green A to B :) won't u give your TP at 1600 which is also the intersection between your inner TL and the horizontal support ??

Posted by crystal168 > 2016-11-16 10:37 | Report Abuse

thanks connie jie

" Posted by connie > Nov 16, 2016 10:28 AM | Report Abuse

crystal .. based on waves count, twobits expects to see the wave B downleg to complete at 1580 region and moves up from here to process wave C upleg !!"

Posted by crystal168 > 2016-11-16 10:38 | Report Abuse

1.00 ?

" Posted by rchi > Nov 16, 2016 10:00 AM | Report Abuse

h97 lar"

Posted by twobits > 2016-11-16 10:40 | Report Abuse

con: 1600 correct... but i take into your usual suspect... trappin retailers who long too early... besides that 0.618 of wave A pointin at 1588 also.

Posted by connie > 2016-11-16 10:43 | Report Abuse

i see i see .. LOL !!! mentor said when a level is too obvious, be extra careful :) 'THEY' will set a BEAR TRAP to squeeze out the early birds before taking off eh ??

Posted by connie > 2016-11-16 10:44 | Report Abuse

not mentor lah .. lengchai :)

Posted by rchi > 2016-11-16 10:44 | Report Abuse

today's pattern will be 'angmo bear engulf bursa bomoh' candle

Posted by Bonarda > 2016-11-16 10:46 | Report Abuse

hahaha..the description is brilliant!

Posted by rchi > Nov 16, 2016 10:44 AM | Report Abuse

today's pattern will be 'angmo bear engulf bursa bomoh' candle

Posted by connie > 2016-11-16 10:46 | Report Abuse

twobits ... been looking at the hsi chart using the awesome oscillator ... came across this from jody samuels !! it's pretty awesome .. visual wise much easier to spot momentum / divergence .. great for fast trades :) u may want to check it out

Posted by Bonarda > 2016-11-16 10:46 | Report Abuse

good morning all and happy trading and charting

Posted by rchi > 2016-11-16 10:48 | Report Abuse

crystal,let's imagine u r angmo holding msian govt bonds,how do u feel seeing the ringgit depreciate every other day?
dun u want to sell n switch back to usd which is rising every other day?
bear in mind angmo has usd5 billions in msian bonds,if they redeem what wud happen to ringgit,n bursa?

Posted by connie > 2016-11-16 10:48 | Report Abuse

hahahaha rchi .. later bomoh summons silat gang to help how ?? :)

Posted by rchi > 2016-11-16 10:50 | Report Abuse

wah connie...then their silat hv to be real geng to fight the bear ..lolol

Posted by connie > 2016-11-16 10:51 | Report Abuse

okay ... news has it that the leader of silat gang kena tumbuk till nose bled !! so, your angmo bear shall rule :)

Posted by rchi > 2016-11-16 10:53 | Report Abuse

twobits...my tp ...1550...1500

Posted by rchi > 2016-11-16 10:54 | Report Abuse

connie..they shud summon the shark butt gang too..wakaka

Posted by connie > 2016-11-16 10:55 | Report Abuse

twobits .. today me just chillax looking at hsi cuz price is right smack at 4H 20ma !! gotta see where she is going from here ..

Posted by rchi > 2016-11-16 10:57 | Report Abuse

pipopipo danger...red alert....wakakaka.....


bye2

Posted by twobits > 2016-11-16 10:58 | Report Abuse

rchi: 1580 ok lar... if 1550... 1500coming liao... i need some pocket money for my year end holiday!

Posted by rchi > 2016-11-16 10:59 | Report Abuse

twobits join me fbmklcih97

Posted by connie > 2016-11-16 11:00 | Report Abuse

bye rchi ... u have a RED RED DAY :)

Posted by twobits > 2016-11-16 11:06 | Report Abuse

con: now studyin klci... gonna start trackin SET... hsi a lot of expert liao!

Posted by connie > 2016-11-16 11:10 | Report Abuse

twobits ... klci is pretty straightforward already on daily no ??? trading in a range with strong support at 1600, if this breaks down, then we join rchi on his voyage to station 1550 then 1500 ???

Posted by gemini15 > 2016-11-16 11:12 | Report Abuse

hi hi..connie and rchi long term no drop by, but always read your forum. I joined rchi boat yesterday liao..tks rchi for your call

Posted by newamy > 2016-11-16 11:14 | Report Abuse

sifu rchi, tq for h97, i bought at.57, wait for u target to sell :)

Posted by region > 2016-11-16 11:27 | Report Abuse

short short short

Posted by region > 2016-11-16 11:28 | Report Abuse

bersih coming short short

don't go out lepak on weekend ya take care

Posted by connie > 2016-11-16 11:30 | Report Abuse

lol region ... ok ok now wearing shorts already :) later put on shorter shorts !!

hi gem ... rchi is a great trend follower aiming for the biggies :)

Posted by Kesley Tan > 2016-11-16 11:30 | Report Abuse

rchi may I know ur average of h97?
i have been buying since 525