Monday, December 21, 2015

Wave X or Wave 5 ?

23-12-2015












21-12-2015








18-12-2015










17-12-2015 10.06am






15-12-2015








14-12-2015








10-12-2015












30-11-2015







3IV still in process  ?? 





29-11-2015

1 of  3V












25-11-2015
minor wave 1 of 3V







15-11-2015

Assuming 3iv is developing... 0.618 retracement support at 1645 area











11-11-2015

1 of  wave 5 is unfolding
A close above 1695 will confirm uptrend continues




or wave X
a close below 1660 will signal more downside














20-10-2015


Comintel Corporation Bhd


21-12-2015 9.00pm









21-12-2015 1.00pm




Tuesday, December 1, 2015

If wave-B (in any pattern) takes less time than wave-A, can I confidently assume a ZigZag or Flat is NOT underway but instead that a Triangle or Diametric is forming?

If wave-B (in any pattern) takes less time than wave-A, can I confidently assume a ZigZag or Flat is NOT underway but instead that a Triangle or Diametric is forming?


YES

Monday, November 30, 2015

DATASONIC


30-11-2015










29-10-2015








28-9-2015






Sunday, November 29, 2015

Friday, November 27, 2015

REXIT


27-11-2015







25-11-2015


Wednesday, November 25, 2015

JohorTin

25-11-2015
watch for support at 0.618 retracement RM2.00






12-11-2015







11-11-2015



alternate count


C.I Holding

26-11-2015




25-11-2015



Tuesday, November 24, 2015

Monday, November 23, 2015

Thursday, November 19, 2015

RGB


Since this is the penny stock, i cant confirm final wave 5 TP at 0.215 / 0.236 will develop or not/
STOP LOSS 0.17 / 0.165



Wednesday, November 18, 2015

Friday, November 13, 2015

Thursday, November 12, 2015

Tuesday, November 10, 2015

If an expanding Triangle is forming, what is the probability wave-e will terminate above the bottom of wave-c?

If an expanding Triangle is forming, what is the probability wave-e will terminate above the bottom of wave-c?


ANSWER:

First and foremost, to create an expanding Triangle, wave-e MUST be longer than wave-c. Therefore, the ONLY way that wave-e can terminate above the low of wave-c is if wave-d is longer than wave-c in price. For that reason, it is not a matter of probability, but a question of the Triangle's internal design that decides whether wave-e will "fail" or not. 

If you see what you suspect is an expanding Triangle, and wave-d is longer than wave-c, the potential for an e-wave "failure" exists. That potential increases if the channeling of the Triangle slants upward. Why, that allows the "panic phase" of the Triangle (i.e., wave-e's break of the a-c channel) to occur without the need to break the low of wave-c. Keep in mind, to qualify as an expanding Triangle, wave-e MUST still be longer than wave-c in price; if not, something other than an expanding Triangle is forming.

Saturday, October 31, 2015

How Elliott Wave Analysis Explains Market Movement by Jody Samuels


It doesn’t really matter if it’s a 4-hour chart since the markets are fractal this could be a gold chart or S&P or particular stock or a different time frame. Learn the patterns, internalize them and then use them in your trading. Distinct Personality of each Wave Ref:

 Waves 1 and 2
 When we start a move we call that Point zero.
 Eventually if we have 5-wave sequence we are getting to Point T or the termination point.
 When we start off we are at the market bottom o Traders are Less emotional o Still ambivalent because the market is still bearish at this point o No change in trend is evident o Traders are still looking for levels to sell not recognizing that market has turn around
 Once you learn Elliott wave analysis you will learn the trend and you will learn to find Point zero  Wave 1 is like a sluggish move up o Traders are complacent o They are looking for new clues which they think will be down again o Wave 1 moves in 5 ways
 Wave 2 o Traders are bearish so they continue to sell o Wave 2 moves are usually sharp move down correcting most of wave 1
o We typically see our double bottoms o Price doesn’t go below the start of wave 1 and shoots up from there in wave 3

Wave 3 and Wave 4
 Wave 3
o Wave 3 is your powerful uptrend; an emotional thrust; most often longest and strongest o Greatest for profit potential o Prechter calls it a “wonder to behold”
o Traders can make the most money here; it’s like throwing a dart at a target; it’s impossible to miss o If a trader gets in too late that’s another story
o There are many opportunities to get in the Wave 3 and you need to look for signals and signs that it is running o Market is confident o time to max out on your positions
 Wave 4
 o Wave 4 is about profit taking o Early traders who got in to this move are taking profits and there are others who are going long, waiting for the wave 5
o What you have is whipsaw price action o You have different corrective moves in Wave 4 that cause some traders to get in and some traders to get out S

Wave 5
 Wave 5
 o The final advance
 o Driven by greed o Bullish sentiment is still present although waning o Smart money is out
 What are traders doing in Wave 5
 o If they are bullish in Wave 3 they are bullish in Wave 5 because the market keeps going up
 That could be a bit dangerous because
 o Wave 5 is the final advance o It is the last struggle to create new high prices o that’s where you see momentum divergences o and you see 5th wave failures, double tops and blow-ups
 This is point T or termination point and you need to target Wave 5 using Fibonacci tools, channelling techniques and try not to follow the crowd
 With trading you need to be smart with your money and not buy after it already moved up. You want to be buying before it moves up or during the mov

Wednesday, October 28, 2015

KLCI corrective wave

KLCI corrective from 1717


MIECO


Alternate Count







Tuesday, October 27, 2015

KLCI WAVE E

27-10-2015

1685 very likely target to end the correction and must hold for another upleg to 1754.








15-10-2015

UEM Sunrise

27-10-2015
STOP LOSS Below 1.15. Wave 5 probably in the making if can stay above 1.20







Daily chart. Double resistance at 1.54. Trade above 30MA, 100MA & 200MA.



















29-9-2015 ( cancelled)









22-9-2015




















11-9-2015 ( INVALID)