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/
now shud be C downleg .. let's see if she will slide all the way back to 22200 !! if yes, for day-trading the range to look for is 22200 to 22480 ... corrective waves on daily are still not over yet and thus the continuation of ABC waves on lower time frame charts ... very messy n ziggy-zaggy :) hopefully, there is a chance in the morning tomorrow to go long upon termination of C downleg on 1m ... to look for +D on AO at bottom ! p/s - will monitor if B upleg is still in progress esp if last swing high is taken out ! then only C downleg will commence ! irrespective, won't trade till another clear range is identified to catch top / bottom .. in between the range, won't bother cuz it's not worth the time
Nov 21, 2016 11:38 AM | Report Abuse morning bonarda .. on my 1m it is c now !! this cud be the minor c of A downleg on 1m .. next shud be abc of B upleg
i hope ekovest the downward momentum continues and then can aim for reversal play of B wave :) airasia, won't touch now cuz she failed to take down 20ma on 4H and daily 20ma is also a hurdle !! if no more buyers, then the C downleg wave shall continue :)
connie, thanks for the sharing. will check my counting to find the discrepancy. can it be it's due to i dun consider other technical indicator like 20ma and i am charting using HSI rather than future.
on ekovest, i am tempted to reenter for the last time and sell by end nov (nothing to do with wave, it is based on friend's sharing).
hehehe twobits ... this morning long now waiting for short signal on 1m !! grinding pattern now ... green candles getting smaller n smaller ... resisting by inner TL and -D on AO ! hope to see a H&S pattern :)
morning abangadik .. aiya this eko !!! we need a strong downward momentum for a reversal play :(:( perhaps the 20ma on daily holds for more upward movement ... anticipating good stuff at AGM ??
good morning connie, Rchi, 2bits and all. connie, this trend is seen in HSI chart. but HSI future speak otherwise. however, like 2bits mentioned, i observed if it brake the 22500 (i raised a bit), then i will top up C for another 2-3 bits...top up and sold all before the it reached the highest. glad the tactic works.
connie. AGM normally means got support a bit or else BOD can't answer why down so much! one of my china theme, Bandar Malaysia connection. Now I study what company has chinaman connection.
morning bonarda .. if we are talking about the hsif trend on daily, price is just below the downward channel and 20ma DR now !! can she break and reverse the trend ?? i always wait for the chart to tell me :) we are too small to tell mr market what he shud do !! what-if the corrective waves turn into double after an X connective wave rally ??? been long enuf in the market to master ONE perfect skill ie block my ears from listening to anyone who talks with 10000000% confidence of how the market is going to react !!
connie, whch indi gave you the indication that hsi is gonna go up this morning? yesterday eve tf 30 n 60 were above ma 20, but didnt know if it was strong enuff to break up this morning. u were watching the previous high 22478 as well right?
Yalor, today morning super slow. 9:45 already no action. All waiting QR report, all see FL WCT report card. scared liao. MFCB is my FA portfolio pick for 2017. I play very safe for year 2017, I loaded highway and powerplant mainly.
evel ... i looked at the price channel on 15m !! the same pattern previously ... was aiming for 3 touches before reversing but did not expect her to surge so high :)
connie, you are very vigilant. i have to take my hat off for you. you are right, i did make unnecessary loses on H due to didnt check DR. if i'd checked the DR, most of them were still "sold" and i would not cut loss too early. although not much but still feel unhappy for unable to keep 6 days winning streak..haha..
i bet small only. just for fun and motivation to sharpen the skill.
bonarda .. checkout how this pro trading e-mini !! this is how a pro trades (always consistent with his trading strategy) ... when can i ever be one ?? :(:(:( he is using tick charts 999 and 333 which is equivalent to our 5m and 1m !! i also copycat him ie plot 2 screens - 5min using macd and 1min using AO ... didn't know he is also looking at AO tot only jody samuels :):) but i don't use clouds though ... try to get used to line charts on 1min but i always maintain candles and BB with 2.5 std deviation on 5m !
i dont intra day but still it's good to learn. especially when you talk about consistency. i think one of my weakness is consistency in charting. sometimes i use 30 mins chart, sometimes 15 mins to confirm the wave completion which i think is not done right.
although they mostly trade forex, but u can learn a lot a lot a lot from them !!! rolf is a reversal trader and moritz a trend trader :) rolf trades the 4H chart .. and the way he studies charts are disgustingly consistent !!
twobits .. lots of wicks now on 1m !! and there is a price channel .. possibly will retrace to 22630 .. have not entered short yet cuz 5min macd is still above zero and hooking up
evel .. not shorting yet cuz price broke out from the price channel after 3 taps on the lower channel !! AO on 1min and MACD on 5min are both above zero line ! but there is clear -D on 1min AO as price goes up .. let's see how far they want to take out all the shorties who enter too early :)
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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/