Critical Moment

market has come to its critical moment.
It touches important trendlnes originated from 18-2-2018. Best to break this trendlines with a gap up!!

Looking for a rebound

See this calculations:-
1/- 24000- 22364=1636x0.786=1286-23241=21955
2/- 24000-18649=5351x0.382=2044-24000=21956
3/- 23482-22364=1119x1.382=1119-23483=21936
4/- 24000-22364x1.27-24000=21922

US futures over-reacted.
It could be an important low
Low of today already in, BUY!

SEE ORDERS IN THE CHAOS

TRADING RANGE OF 18-3-2013
22213/22243/22283
22449/22513/22600

TYPICAL C=0.618 OF A

LOSING TRADE OF TODAY AND PLAN FOR TOMORROW

Re 12/3/2013 15:24 post--Buy 22880, putting stop 22850, Target 23050.
This trade caused a  lost of 30 points.
Background of trade.
1/- Day closes of the previous two days are above 23050 which is regarded by me as a breakthrough of an uptrend.
2/- One five waves structured of 873 points originated from 22368 was completed topped at 23241 which length of wave 1 equals to wave 5 and 1.382 of the former wave (23001-22364=637x38.2%=243+23001=23244 +/- 3 pts.) A deeper correction was anticipated.
But to my opinion , this finished wave was only a 3-1 wave, only one part of the whole 3rd wave.
3/- 22857 is the intersecting point of the Black and Green Trendlines.
4/- we hoped that, after a rapid intraday correction, it would go back to 23050 once again making 3 days in a row.
Unfortunately, we failed the trade but our lost was limited with a protective stop.

Tomorrow, we will buy again if the open is not lower than today's low 22791.
Trading Range: 23050--22791 = 259
Buying Range: 259/5+22791=<22843 p="">Happy Trading

buy 22880 stop 22850 Target 23050

Illustrated later

USD/Yen Topping?

Yen maybe topping out tonight.
Calculations as belows:-
1/- 82.82-77.10=5.72x2.618=14.97+81.69=96.66
2/- 84.17-76=8.17+88.03=96.20
3/- 84.17-76=8.17x2.382=19.46+77.10=96.56
4/- 84.47-75.54=8.63x2.236=19.29+77.10=96.39
5/- 82.82-77.10=5.72+91.06=96.78
Average=96.66+96.20+96.56+96.39+96.78/5=482.59/96.518

Target:91.06/88.03/86.9/84.6
Stop: 97.50

Happy Trading

6-3-2013 HSIF TRADING PLAN

Today's top is 22733 and it can be easily calculated with wave's target projection formula. (see illustration).Its too early to say market bottomed, however, up momentum was not interrupted by the afternoon's corrections. . Today's close stays above the Average Pivot of the last 3 day is 22564 (22645+22476+22573/3) and its also well above all supporting trend lines and channel. The chance of double bottom (22364 & 22368) is still good. Our Target of tomorrow is 22770 and 22895.
We prefer to buy if index fall in between 22480 and 22540.
Happy Trading

Simplest way to find recent HSI top: 23944.74

Simplest way to find recent top: 23944.74

We can calculated by adding up the 4 biggest accumulated Volume Levels in our weekly charts and divided by 4 as shown below:-
30405
23758
21017
20603
                                                                                                        95783/4= 23945.75                                                                                          
JUST FOR FUN:>P
玩得唔Trade得, hehe
Don't be serious!