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 .. this hsif still can't get past 1H 20ma !! have to see how she fares next week ... i am rolfie stylo when it comes to reversal trade :) it takes a great deal of patience and not many can take it ... this is the reason traders tend to favor momentum play :(
hi juni ... thanks for sharing the fundamental part of topglove :) yes i gotcha on the 2 of 3 in the making ... the 1,2 and 1,2 of 3 is a very common count !! as mentioned earlier, since i use kct i choose to count as ABC parallel channel first until price breaks UP :) great to know that she is trending above the cloud !!
juni, u mind to take a look at hsif !!! there are so many possibilities with this bugger and the waves can also be extended yes ??? to reduce some 'noise' i use the 4H chart to look at the sub-structure ... conclusion is it cud be ABC which fits nicely in a parallel channel and is terminating soon or 1,2,3 current with 4&5 developing later if sentiment is really bad :( with this in mind, i thus adopt a very conservative approach using other criteria for entry ... appreciate it greatly if u cud share your tots juni :) thanks so much
Hi connie, yr bottom channel line should start with wave ii, not the origin of wave i. Yr channel is like the Andrew pitchfork channel. In EW we draw the channel as above.
As to hsif, I can see one wave (x) already formed ... and probably one more wave (x) forming. Wave x are on the upper channel.. it means the wave would probably move up to the upper channel to form the 2nd wave x
Hi connie, wave i & iii of upper channel must touch the channel ... wave ii & iv must also touch the channel. But wave 5 may or may not touch the channel.
hehehe ... guests all coming starting tomorrow !! will be too drunk to do anything over the weekend ... so, be rajin a bit now :) wow .. USD50bil :( okay 4&5 waves to be continued !
sorry... had too much alcohol liao. My christmas party started an hour ago. Lolz.. Keep the chart coming.. Rchikor China keep selling US Bond to counter, you think the national team can manage it?
Hengtai,i oso read the ultra sharks aka hedge funds usa r shorting renminbi...i guess national team is not as advance as these predators yet to be able to counter them
As far as I know Soros cashout from Gold/Usd during 1300 range, his warchest is aiming to sapu msci especially china.. he must be waiting for the shark to kill renminbi..but renminbi vs ringgit.. ringgit even worse..hopeless.
Connie...Hope you are able to recall the EW rules....any extensions of waves will only happen in any one of the impulsive waves and not in corrective waves.Corrective waves can be a simple zz or flat but most of the time will be in combo or complex formations.By following EW rules...you should be able to see the waves clearly.....
Posted by connie > Dec 23, 2016 07:59 PM | Report Abuse
juni, u mind to take a look at hsif !!! there are so many possibilities with this bugger and the waves can also be extended yes ??? to reduce some 'noise' i use the 4H chart to look at the sub-structure ... conclusion is it cud be ABC which fits nicely in a parallel channel and is terminating soon or 1,2,3 current with 4&5 developing later if sentiment is really bad :( with this in mind, i thus adopt a very conservative approach using other criteria for entry ... appreciate it greatly if u cud share your tots juni :) thanks so much
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/