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/
wow!! Rchi, nice songs. feeling like dancing in the kitchen half naked, chopping vege with right hand, left hand waving in the air, butt swinging left to right, right to left~~
connie, which function did u use to plot such nice yellow rectangle? i changed the chili to rotated rectangle for this purpose, but i think i am using the wrong one.
bo, use 'parallel channel' function and then on setting u tick also 'middle' to get the middle line :) .. yes, KCT rocks !! now we can gauge the waves movement without being a master elliottician
hi gem .. i am fine :) yes rchi's calls always rock the house !!! no need look at apa-apa waves .. fibo .. news :) get in and he is surfing big wave 3 on intra-day chart .. some people just have the X-factor to excel in things they do .. like super-models, they have the X-factor in front of the camera :):)
bo, if u want to practise KCT, plot it on hsif 1m chart on wave C !!! we want to determine if this is gonna be a 5-waves impulsive structure ... so, KCT shows us it is yes ? :) 1) my 1st target is the gap support red line at 22890 but not likely cuz wave 5 of C will look a tadbit short 2) so, next target is 1.618F ext from wave A - blue line at 22836 so, let's see now ...
since one complete structure of ABC is done on HTF ... likelihood substructure to form a 3-waves corrective up and then dip again to the lower boundary on HTF !!! ding dong ding dong till she breaks from daily channel :)
bo, yesss better to focus on pretty gal than KCT !! LOL ... hmmm am sure u are a hunky ... so, when pretty meets hunky, the sparks light up the room :):)
hmmm twobits .. so correct i think !!! today abc of A down done ... next shud be abc of B up (will check target for this later) ... then abc of C downnnnnnnnnnnnnn to satisfy your macd -ve divergence on 4H chart ... what say u ???
Evel, let's practice together so it's more efficient for learning and teaching :)
Miss Connie, question!
1. KTC says, to draw the channel, i) draw the line from Origin of A to Extreme of B ii) then copy the line with the same slope and put on end of A to form the channel Question: but you dont connect to end of A!! why? was it because correction tend to have fibo of 0.5 or 0.618? or...instead of connecting origin of A to End of B, u connect end of A to End of C....hmm..then i get the same drawing.. http://invst.ly/2wlk0
perhaps we should draw both to have better confirmation?
2. second question, do we have ratio guide for abc?
hmmm bonarda .. let me see if i understand u correctly !! okay before that, i wud like to explain the reason i use KCT on wave C ... very clearly from the chart, A and B are formed .. i was waiting for C to unfold and as we know C can be 3-wave or 5-wave structure .. so, i drew the 1st channel (in yellow) as per KCT, and then waiting for price to break down .. once price breaks i then start to draw AC and DC to gauge tp for wave 5 of C !! does this make sense to ya ?? :)
evel .. glad u like KCT !! hope u cud make use of it to trade ... studying EW in depth i find can be quite impractical but this KCT can definitely be used to trade :)
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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/