1928 hr 20160831

AB=CD pattern - hsi, 1928

it's quite common to find a AB=CD pattern within a shorter timeframe. when it appears, it is rather a good trade with high gain:loss ratio.

AB=CD patterns sometimes could be a counter-trend movement, which is similar to a wave 2/4 of an impulsive wave; wave B of a correction wave. Market followers can easily recognize them and can even prepare to make use of them in order to trade with trend.

Book name: Trade what you see - How to profit from pattern recognition

Author: Larry Lesavento, Leslie Jouflas

hsce 30min 20160825 - follow up

it is not a bad trading tool, it gives the target and the stop (crossing the previous top when long put).

http://koei1024.blogspot.hk/2016/08/hsce-30min-20160825.html

A guess of future movements - hsi

hsce 30min 20160825

the bounce target shouldn't exceed the previous top and RSI negative reversal will be perfect. Look for RSI reach around 60.

hsi 20160823

Weekly and daily are both currently inside bars, need to wait for an explosion ignited by sth...

cruel oil td 20160823

nothing is safer than being bearish at a lower top...

SP500 CFD futures - real-time application of negative reversal

Reversal - a top or bottom?

Expected a bottom on Aug. 16th 2016 but most likely a top... coincide with the annoucement of Shenzhen-Hong Kong Stock Connect 深港通...

http://koei1024.blogspot.hk/2016/08/hsi-td-20160803.html
http://koei1024.blogspot.hk/2016/07/hsi-time-projection-20160726.html

hsi wk zic zac ABC correction

A more reasonable assumption would be a ABC correction wave

http://stockcharts.com/school/doku.php?id=chart_school:market_analysis:elliott_wave_theory

hsi td 20160812 AB=CD

if 22976 is the final destination of this turn, it will be a perfect AB=CD pattern/scenario (though time factor not 1:1). 22977 is also a price -315 degree from 28589.

hsce wk 20160815 - RSI bearish range upper limit

market has risen to a level with very high potential to reverse when referring to historical price movements, here is just using the data from the past 8 years and should be more fascinating if one studies over a longer period/other time frame

hsi td 20160803

a contraction followed by a re-test, 1st target is previous swing tops, around 210-211 level, also about 50% retracement of the whole swing

hsce 5-min 20160803

a possible RSI negative reversal as shown on the chart, not a bad position to consider an entry at an intra-day lower top today, better to wait for other signals (e.g. MACD but delayed) to counter-confirm. stop around 9050 could be appropriate for my entry.

hsce 20160801 - symmetrical broadening top

A symmetrical broadening top? Let's see

http://www.forex-tribe.com/Symmetrical-Broadening-Top.php