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/

204 people like this.

169,041 comment(s). Last comment by Fardar Chye 2021-01-04 12:41

connie

37,452 posts

Posted by connie > 2018-01-26 15:51 | Report Abuse

rchiiii ... i was also monitoring t7 like a hawk ! break 0.53 buy ... unfortunately went for facial, came back, peeped and she has blossomed without me :(

connie

37,452 posts

Posted by connie > 2018-01-26 15:52 | Report Abuse

thanks wiki ... the resent works !

Alex™

12,593 posts

Posted by Alex™ > 2018-01-26 15:56 | Report Abuse

haha connie, why we dun have buy stop function, like auto buy when breakout 53sen

connie

37,452 posts

Posted by connie > 2018-01-26 15:58 | Report Abuse

ya man alex .. this is the thing !!! have not gotten in touch with your mplus :(

rchi

20,937 posts

Posted by rchi > 2018-01-26 16:06 | Report Abuse

haha connie,umw c2...to buy or not to buy?

Alex™

12,593 posts

Posted by Alex™ > 2018-01-26 16:07 | Report Abuse

haha, my mplus tipu punya, i masuk ambank 4.79, set atr(2) stop, next day i saw the price terus hit my cut loss and rebound, and the price now is >4.8...

i'm rethinking how to use stop loss....

rchi

20,937 posts

Posted by rchi > 2018-01-26 16:07 | Report Abuse

answer: bot umw c2

noisyboy

417 posts

Posted by noisyboy > 2018-01-26 16:09 | Report Abuse

now rchi is tempting me d....haha

rchi

20,937 posts

Posted by rchi > 2018-01-26 16:10 | Report Abuse

tampok only noisy

noisyboy

417 posts

Posted by noisyboy > 2018-01-26 16:14 | Report Abuse

ayya run d, i saw 24 now 25.......no trade for me
congrats Rchi!!

connie

37,452 posts

Posted by connie > 2018-01-26 16:15 | Report Abuse

oh rchi .. u are monitoring for a break out eh ??? if the vol builds up, think got good chance it will break and manage to hold the momentum ... the candles on 1H chart are slowly and steadily charting up hugging the 10EMA ... not like the big one on 23/1 (5pm) !

connie

37,452 posts

Posted by connie > 2018-01-26 16:16 | Report Abuse

bot already :) okay

connie

37,452 posts

Posted by connie > 2018-01-26 16:19 | Report Abuse

wow alex u use ATR(2) ... quite a big stop loss margin ??

Alex™

12,593 posts

Posted by Alex™ > 2018-01-26 16:21 | Report Abuse

yes, atr(2) also can kena, so now i think i'll use mental stop only. But that requires me to standby 9-5....hmm...

connie

37,452 posts

Posted by connie > 2018-01-26 16:23 | Report Abuse

alex .. how do u set based on ATR ?? let me show an example :-
1) say u buy counter ABC today at 0.95
2) the closing ATR of the candle is 0.01
3) the low of the candle is 0.90
4) so, u calc your SL as 0.90 less 0.01 x 2 ??

rchi

20,937 posts

Posted by rchi > 2018-01-26 16:24 | Report Abuse

connie...let see umw can 7.3

connie

37,452 posts

Posted by connie > 2018-01-26 16:24 | Report Abuse

or u deduct 0.01 x 2 from previous swing low ?

pretty_life

4,810 posts

Posted by pretty_life > 2018-01-26 16:24 | Report Abuse

Aax c11 miss it 99...when 0.08

Alex™

12,593 posts

Posted by Alex™ > 2018-01-26 16:27 | Report Abuse

connie

normally my ATR will follow my entry price...so if my entry price is 0.95, then the calculation would be

0.95 - 0.01(2) = 0.93 cut

but the price is too sensitive...if use stop limit function, very easily get stopped out. In fact, i got another trade where the seller simply testing sell 10 lot down, and triggered by stop loss, and then price went back up.

So jahat...


====

alex .. how do u set based on ATR ?? let me show an example :-
1) say u buy counter ABC today at 0.95
2) the closing ATR of the candle is 0.01
3) the low of the candle is 0.90
4) so, u calc your SL as 0.90 less 0.01 x 2 ??

liLwaBbit

714 posts

Posted by liLwaBbit > 2018-01-26 16:27 | Report Abuse

pretty ..I think need to keep AMbank for next week jo ..
Mom up 10c. but C1 like no power.

pretty_life

4,810 posts

Posted by pretty_life > 2018-01-26 16:28 | Report Abuse

Yup...cause banker don’t wan touch maybe they Wan mother break 4.9 only start push

connie

37,452 posts

Posted by connie > 2018-01-26 16:30 | Report Abuse

noted with thanks rchi

rani20151

254 posts

Posted by rani20151 > 2018-01-26 16:32 | Report Abuse

connie, how do you see sime? is this distribution, am tempted sime c19 thank you

connie

37,452 posts

Posted by connie > 2018-01-26 16:32 | Report Abuse

oh alex ... based on entry price i think it's too tight !! no room for your counter to breathe eh ?? minimum is the candle low ... better still is the previous swing low but then affect position sizing

thenewbee

3,605 posts

Posted by thenewbee > 2018-01-26 16:33 | Report Abuse

aax c11 manyak huat akkak

Alex™

12,593 posts

Posted by Alex™ > 2018-01-26 16:34 | Report Abuse

tq...

connie

37,452 posts

Posted by connie > 2018-01-26 16:46 | Report Abuse

rani .. every wave goes thru' a cycle !! for sime; in terms of short-term waves on the hourly chart, quite likely the last wave 5 is terminating soon ... it's a rising wedge pattern which is very common ... u can also see that momentum is waning on this last push ... if u are still bullish bias longer term (based on daily or weekly), then u just have to brace the short-term retracement ie for price to find new equilibrium to move up !

connie

37,452 posts

Posted by connie > 2018-01-26 16:54 | Report Abuse

but u still gotta monitor closely ... if price breaks above the upper boundary of the wedge, then this may nullify the first theory !! more so if break and then find support from the upper line, the bearish bias is negated

rani20151

254 posts

Posted by rani20151 > 2018-01-26 16:59 | Report Abuse

oh my. thank you. i thot it was just profit taking, didnt know about the wave. thank you so much

pretty_life

4,810 posts

Posted by pretty_life > 2018-01-26 17:00 | Report Abuse

Already sapu AAX C10 ...next Monday super huat R.....

connie

37,452 posts

Posted by connie > 2018-01-26 17:06 | Report Abuse

rani .. waves are formed by peeps buying and selling / profit taking :) if u are in already, then just trail your profit based on preferred method .. say if u don't want to hold so long shud a retracement take place, then sell when price closes below 10EMA or break of trendline or break of previous candle low ... for some traders (eg mr otb who throws in FA to trade), he may only let go if price closes below 50EMA eg .. in this case, u must have holding power and a great deal of patience :)

rani20151

254 posts

Posted by rani20151 > 2018-01-26 17:17 | Report Abuse

I have taken note on this esp the ema 10 , connie.thank you

rchi

20,937 posts

Posted by rchi > 2018-01-27 15:30 | Report Abuse

https://www.investing.com/charts/indices-charts


Dow jones chart.

rchi

20,937 posts

Posted by rchi > 2018-01-27 15:32 | Report Abuse

Click on 10 yr time frame.It is like rocket taking off.Lol.

wiki123

2,447 posts

Posted by wiki123 > 2018-01-27 16:29 | Report Abuse

rchi, this is my ultimate sifu... for the long term... his forecast, 38000 to 40000 in Dow jones in probably 2021... https://www.armstrongeconomics.com/armstrongeconomics101/training-tools/fear-of-heights-vertical-markets/
his first target many years ago, is 18500, second is 23500, third is 40000... i have quite a number of funds in US funds as well... especially dow jones index...

YanHao

364 posts

Posted by YanHao > 2018-01-29 09:25 | Report Abuse

wa,maybank @@

pretty_life

4,810 posts

Posted by pretty_life > 2018-01-29 09:29 | Report Abuse

Maybank huat liao....I sapu aax c10 and mother share now...get ready for big profit...hehehe...pbb also huat liao

liLwaBbit

714 posts

Posted by liLwaBbit > 2018-01-29 09:34 | Report Abuse

Why AMbank didnt follow geh. adui ... sad

pretty_life

4,810 posts

Posted by pretty_life > 2018-01-29 09:35 | Report Abuse

Pbb c17 still don’t wan move...hahha

Posted by BrightChoice > 2018-01-29 09:35 | Report Abuse

pbb & Ambank still not yet wake up! aduh

Posted by soulstrike29 > 2018-01-29 09:47 | Report Abuse

bought aax10

JT8888

648 posts

Posted by JT8888 > 2018-01-29 10:43 | Report Abuse

Pretty Life punya PBB lai liao

pretty_life

4,810 posts

Posted by pretty_life > 2018-01-29 10:45 | Report Abuse

Huat liao ler

Posted by BrightChoice > 2018-01-29 10:45 | Report Abuse

huat ahhh pbb c17!!!

pretty_life

4,810 posts

Posted by pretty_life > 2018-01-29 10:57 | Report Abuse

Sapu cimb c32 ...huat ar

yoloisreal

207 posts

Posted by yoloisreal > 2018-01-29 11:00 | Report Abuse

pretty mana ada c32 ?

Posted by BrightChoice > 2018-01-29 11:04 | Report Abuse

i think she mean C31?

pretty_life

4,810 posts

Posted by pretty_life > 2018-01-29 11:05 | Report Abuse

C27 hahaha

liLwaBbit

714 posts

Posted by liLwaBbit > 2018-01-29 11:09 | Report Abuse

pretty .. should i cut AMbank and go in CIMB? or wait? thx

pretty_life

4,810 posts

Posted by pretty_life > 2018-01-29 11:14 | Report Abuse

Yup...I already sold back same price zzz

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