Caculation of today's top 23220

suppose wave 1=wave 5

 

may fut,

22022

21180

842+22417=23259

 

apr fut

22152

21306

846+22417=23263

 

combined

22022-21306=716+22417=23133

 

23259+23263+23133/3=23218 compare with today's top 23220 +/-3

ALTERNATIVE WAVE COUNT

MAIN WAVE COUNT : POSSIBLE TOP

HSIF gap up today reaching 23135. We can see a poossible 5 waves structured finished.
See  calculations:-
1/- Wave 1=22022-21306=716
wave 4 =22417
projected wave 5=22417+716=23133
2/- projected wave 3=22072-21595=477x1.618+22007=22778 +/-3 pts
3/- wave 5of 5 is 1.618 of wave 1 of 5

china's market shows weakness compared with global recovery. Today's top has its technical implication.

We decide to take at least 50% of profit.and buy back after correction finished. Any price above 23160 (hsif) and 2255 (shicom) should regard this prediction damn wrong.

REMINDER: THIS WEEK IS THE 233TH WEEK OF AUG 2008 LOW

TOO ATTRACTIVE ! what do you think?

SHICOM BOTTOMED ?

2444-2259=185 POINTS
2351-185=2166 TODAY'S LOW

Buying 22200 call under 150 now

Buying again now at 22040 if stopped at 22139.

Minimal April Target 22800

HSIF Gaps up today that traps all Guys expecting for a down side. This force will not stop until this sinking force surrendered. We expect minimum target of April will be at least 22797. It will be conifirmed if today's gap not being filled within today. Late comers will use a few points below 22139 (upper side of the Gap) as protective stop.
Happy Trading

Day buy

Target 22000-22200

Buying Range:21610-21664

Stop:21580

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!                                                                    
                                                                                                     

REASONABLE REBOUND

新增說明文字

Attached charts intend to give a clearer picture  showing reasons why a low could be formed in terms of  Fib. Ratios, Wave counts , trendlines and time element.

1/- C is more or less 1.236 of A=24000-23081=(919X1.236)-23480=22344

2/- time of correction of A=34 hours
 time of correction of B&C=89 hours, 89 is 2.618 of 34and both are Fib. Nos.

3/- For extended C wave, Wave 1 (218)=Wave 5 (218)
     22581-218=22363 (1=5)

4/- Recent low 22364 touch neckline of big head & shoulder bottom, an intermediate trendline and an adjusted Gann fans touching most of tops & bottoms.

No one knows where the bottom would be but at least we still  have some tactics to rely upon. As we can see from the charts that  a H & S top formed with its neckline almost the same level as 61.8% rebound of Wave C=23057. Any day close above this level would regard as correction finished.
Happy Trading