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/
bo .. ayam, fairplayer, steve, duit, stingray have their own effective ways to play hsi ! or maybe these 3 TF charts can also tell us some intra-day stories ...
hmmm perhaps this is the story for intra-day ?? ... using 15m 20ma as support on 5m C wave (the black line) !! let's see .. magnitude not significant enuf to take any trade ??
bo, have not looked at the big pic yet !! only plot the 1H/15M/5M for the intra-day movement ... got interested to follow the movement when i saw the price rejection candle on 1H :)
wah tot wud break out from the channel but price got rejected ... thus, important to wait for candle close instead of the mid-formed ones !!! but do take note the price reaction when nearing 20ma of 15M ... see the long-wick candle ???
Hi connie, the daily chart of HS is showing the probability of a reverse H n S pattern with neckline at abt 23138 - the downward movement now might be an attempt to form its right shoulder
hi juni .. oh yea, i see what u see on daily :) very true about the possibility of an inverted SHS !! this also ties back to hawk's terminus of sw5 ... however, for today's target what do u think ??? stopping at 1st arrow (1H 50ma support) or 2nd arrow (1H 2nd trendline support also coincide roughly with 4H 20ma plus horizontal support) ???
so now we see some consolidation going on 15M cuz price is drifting at 1H 50ma support ... wud it be safe to say that 1st arrow target is valid if price now goes back up above the earlier consolidation on 15M ??
morning datukkkkkkkkkkk ... belum masuk lagi !!! don't know if i am right but i see a cup and handle sorta pattern on daily .. so, valid entry is at break of handle ??? hehehehe
Thanks Con, it was ok.. airbnb was horrible and we decided to move to hotel after first day. :D Not very friendly host in HSI city..kekeke..but overheard some tips at Luk Yu Tea House HK...We have some really good tea leaf and offered some to get a table..this place is normally booked by IBankers or rich bastards! Foods isn't as good as it used to.
eh abangadik .. i used to go to the luk yu at starhill :) long time have not visited that place ! what tips u overhead abangadik ?? that HSI will soar to usher the rooster ?? LOL
bo ... based on today's structure for day-trade, if we did not short around the yellow box on 15M with that two possible targets as drawn, then it's no point now !! okay say price is currently re-testing 20ma on 1H and this dynamic resistance manages to stop further advancement but then don't forget there are also other support structures so close to price now :( so, for me personally no trade already !! ps share your tots ya ..
unless of course u want to check out other stuff like how other indices are doing ... any fundamental news ... what is market maker up to ?? etc etc etc and then try to gauge if all these variables will break the support structure or not !
connie, same here. i do have some h which i bought yesterday and yet sold (as i dont intra-day much).
also, due to similar observation, i have not add any or reduce. waiting for it to pierce down all the 50ma but it just dont..and now even moving back to try 20ma...grrrr.
abangadik .. motleyfool ??? wah insane world class shit :) not gem eh ??? it's okay i am happy to earn a little bit following my rolfie n rayner .. the two R's :):)
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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/