ShareJunction - Member Posts

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shaping up nicely..... Huat Ah!

Luzern ( Date: 12-Feb-2018 17:04) Posted:

Dow probably going to do the last leg of EW4 (up) and a Full EW5(down) tonight.............tomorrow can really pick durians lieow.

Luzern ( Date: 12-Feb-2018 14:06) Posted:

Here is the thing (my opinion) EW 5 (down) can starts and be over tonight in US. So how should we position ourselves to trade this and to protect our capital in the event that the market move otherwise?

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famouspinky ( Date: 12-Feb-2018 17:42) Posted:

Mai hai lang

Luzern ( Date: 12-Feb-2018 17:19) Posted:

maybe more expensive durians after cny...... i can be wrong

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maybe more expensive durians after cny...... i can be wrong.

TraderBen ( Date: 12-Feb-2018 17:08) Posted:

Can pick after cny? Lol

Luzern ( Date: 12-Feb-2018 17:04) Posted:

Dow probably going to do the last leg of EW4 (up) and a Full EW5(down) tonight.............tomorrow can really pick durians lieow

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That' is why i posted the link to Basic EW Theory before.

1) In a up trend, EW1,3,5 are up waves, EW2,4 are down waves
2) In a down trend (currently) EW1,3,5 are down waves, EW2,4 are up waves.

Withing the waves, there can either have a,b,c or a,b,c,d,e mini waves.

danger ( Date: 12-Feb-2018 17:12) Posted:

how ? so many waves up and down .. i giddy already !

Got more simple plan ?

Luzern ( Date: 12-Feb-2018 17:04) Posted:

Dow probably going to do the last leg of EW4 (up) and a Full EW5(down) tonight.............tomorrow can really pick durians lieow

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Dow probably going to do the last leg of EW4 (up) and a Full EW5(down) tonight.............tomorrow can really pick durians lieow.

Luzern ( Date: 12-Feb-2018 14:06) Posted:

Here is the thing (my opinion) EW 5 (down) can starts and be over tonight in US. So how should we position ourselves to trade this and to protect our capital in the event that the market move otherwise?

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US 10 Year Bond Rate increased to....2.886%

Luzern ( Date: 12-Feb-2018 09:24) Posted:

So everything is still down to the Bond rates.... and how it reacts to the US govt increased spending bill which was passed. The prevailing market expectation is an increased in bond rate, however, with the passing of the spending increase bill, the market is no oonger held hostage by this unknown (clarity). The unknown is something the market hates most and they tends to reacts negatively to them. So I am expecting and initial increase to the bond rate follows by a drop...... which will fit very well with y expectation of us being in wave 4 as the initial increase in the bond rate will fuel wave 5 down and the subsequent drop in bond rate will fuel the rebound EW. IMO

Luzern ( Date: 12-Feb-2018 09:17) Posted:

I expect the mkt to slowly warn up to this rebound..... and soon we might see reports saying that the correction is done based on EW theory and we are actually at the begining of the rebound EW of Wave 1. This belief will be reinforced if bond rate drops, if bond rate continues to rise, then the current EW correction waves is not done and we are at wave 4 and going into wave 5 down. IM

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Here is the thing (my opinion) EW 5 (down) can starts and be over tonight in US. So how should we position ourselves to trade this and to protect our capital in the event that the market move otherwise?

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Europe open should give a positive boost to SGX and HKEx....... just my opinion.

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Singtel begin to buy back some shares (~285lots) at 3.37 last friday. They are seeing value at this level it seems.

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Right on. Market warming up, especially HSI. Did you go your Call on the cheap?

Luzern ( Date: 12-Feb-2018 09:17) Posted:

I expect the mkt to slowly warn up to this rebound..... and soon we might see reports saying that the correction is done based on EW theory and we are actually at the begining of the rebound EW of Wave 1. This belief will be reinforced if bond rate drops, if bond rate continues to rise, then the current EW correction waves is not done and we are at wave 4 and going into wave 5 down. IMO

Luzern ( Date: 12-Feb-2018 08:56) Posted:

Here' s 3 scenarious
1) we are at wave 3 b (up)
2) we are at Wave 4 (up)
3) we are st wave 1 (up)

IMO we are at (2).

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So everything is still down to the Bond rates.... and how it reacts to the US govt increased spending bill which was passed. The prevailing market expectation is an increased in bond rate, however, with the passing of the spending increase bill, the market is no oonger held hostage by this unknown (clarity). The unknown is something the market hates most and they tends to reacts negatively to them. So I am expecting and initial increase to the bond rate follows by a drop...... which will fit very well with y expectation of us being in wave 4 as the initial increase in the bond rate will fuel wave 5 down and the subsequent drop in bond rate will fuel the rebound EW. IMO

Luzern ( Date: 12-Feb-2018 09:17) Posted:

I expect the mkt to slowly warn up to this rebound..... and soon we might see reports saying that the correction is done based on EW theory and we are actually at the begining of the rebound EW of Wave 1. This belief will be reinforced if bond rate drops, if bond rate continues to rise, then the current EW correction waves is not done and we are at wave 4 and going into wave 5 down. IMO

Luzern ( Date: 12-Feb-2018 08:56) Posted:

Here' s 3 scenarious
1) we are at wave 3 b (up)
2) we are at Wave 4 (up)
3) we are st wave 1 (up)

IMO we are at (2).

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I expect the mkt to slowly warn up to this rebound..... and soon we might see reports saying that the correction is done based on EW theory and we are actually at the begining of the rebound EW of Wave 1. This belief will be reinforced if bond rate drops, if bond rate continues to rise, then the current EW correction waves is not done and we are at wave 4 and going into wave 5 down. IMO

Luzern ( Date: 12-Feb-2018 08:56) Posted:

Here' s 3 scenarious
1) we are at wave 3 b (up)
2) we are at Wave 4 (up)
3) we are st wave 1 (up)

IMO we are at (2).

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I try, but I also don' t want to " spoon feed" leh. That' s why I post the links. Huat to All!

Goldfinger ( Date: 11-Feb-2018 13:50) Posted:

Luzern - please translate into English. You have interesting insights but hard for many non-technicals like me to understand.

Luzern ( Date: 10-Feb-2018 03:17) Posted:

this is shaping up to be an awesome trade for EW trader. EW is component of trading algo/programs

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Here' s 3 scenarious
1) we are at wave 3 b (up)
2) we are at Wave 4 (up)
3) we are st wave 1 (up)

IMO we are at (2).

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come to think of it, this wave 3 is a bit shallow...........hummmm.

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yes, usually, but somtime got overshoot. wave 3 was down roughly 1600 pts.

ILoveTehO ( Date: 10-Feb-2018 12:08) Posted:

i thought wave 5 is usually weaker than wave 3?

Luzern ( Date: 10-Feb-2018 11:58) Posted:

I think we have seen the completion of wave 3 down last night at around 2:30am. this was followed by wave 4 up ........ it would be advantageous to know the EW Theory. After wave 4 up, we will see wave 5 down, which might see the dow testing the support at 22500. IMO

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I think we have seen the completion of wave 3 down last night at around 2:30am. this was followed by wave 4 up ........ it would be advantageous to know the EW Theory. After wave 4 up, we will see wave 5 down, which might see the dow testing the support at 22500. IMO

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this is shaping up to be an awesome trade for EW trader. EW is component of trading algo/programs

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probably a good ideal to switch to long now for the wave 4 up.

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Maybe can see wave 4 today...... wave 3 unfold faster than i thought.