this week clearly more bearish than bullish but again cautious!PEPPERSTONE:HK50
HSI:HSI
Hello bello.....May everyone trade in the state of peaceful and calming mind.
Hong Kong Stocks Post Five-Day Rout
Hong Kong stocks ended lower on last Friday, extending the losing streak to a fifth session, as sentiment remained downbeat due to concerns over US-Sino trade tensions.
The Hang Seng Index retreated 0.92%, or 176.60 points, to end the week at 19,064.29.
Is the news helping? News is distraction. 😂
What's the magic numbers to look at for HSI for the near short-long term?
Well, we are now in the pullback correction area, worth to notice and recall that in fact in 2024 the index has actually bringing the full-year with almost 18% (17.67%) gain; closed at 20059.
Support: 18569, 18215 (from W Chart you can see this is the support level from May,Sept 2024). If this breakthrough then we will see the index at 17570 level.
Resistance: 18,930, 19,700 (well there are analyst forecasting that HSI has an upside of 15% targeting to 20,3000 by end of 2025)
b]4H chart - Bearish
Both MACD & KDJ are indicating Bearish mode.
MACD - remained at bearish zone, line still arcing. [ s]But crossing up. Good sign.
KDJ - remained in bullish green zone, indicating uptrend signal. Turned bearish.
Cross-checked with broader tf chart - D chart.
Bearish - at Oversold zone,below 80
Both KDJ and MACD below zero level. Bearish.
1H chart the Index seems has no mood and strength to move and need quite a long rest...
For day trade: Same strategy, sell at resistance; buy/TP at support.
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Support : 18215 (if breaks then next 19070)
Resistance :18650 (if breaks then 19450, then 19650)
MACD - closing to touch zero line trying to breakthrough but with the red histogram it looks likely dipping down.
KDJ - in bearish zone. It may be divergence signal that on the oversold area and could see a rebound.
Sticktoyourplan follow your trading strategy.
Trading to make pocket money isn't that challenging and it can be boring and you can make it fun and zen with it.
Let's follow our own strategy and zen with 📙 and 🍵 to let the results realized. It can be a winning trade or losing trade, it doesn't matter. We are aiming for long horizon; as we are not gambling or speculating.
Rememeber to allocate some of your gained pocket money for long term asset investment.
We should take contrarian strategy. Accumulate Hong Kong and China stock and wait for 12-24months or more to have an exponential capital gain.
Time frame is important! Prepared for the rollercoaster short-term rider for these two markets.
Got your trade plan ready for 2025, or are you still figuring out your moves?
Think of it like prepping for a wild night out—plan your entry, know your exits, and avoid getting caught in the wrong crowd (aka bad trades).
Happy Trading Everyone!
Kdj
still figuring out the moves? PEPPERSTONE:HK50
HSI:HSI
Happy Friday everyone!
www.tradingview.com
The Hang Seng fell 39 points or 0.2% to end at 19,241 on Thursday after trading modestly higher in the morning, with eventual losses in financials and property.
Is the news helping? News is distraction. 😂
4H chart
Both MACD & KDJ are on the divergence.
MACD - remained at bearish zone, line still arcing. But crossing up. Good sign.
KDJ - remained in bullish green zone, indicating uptrend signal.
Cross-checked with broader tf chart - D chart. It's still at oversold zone ,below 80 for KDJ and MACD below zero level.
1H chart the Index is dancing within very narrow range for today.
Support : 19130 (if breaks then next 19070)
Resistance :19375 (if breaks then 19450, then 19650)
MACD - closing to touch zero line trying to breakthrough but with the red histogram it looks likely dipping down.
KDJ - in bearish zone. It may be divergence signal that on the oversold area and could see a rebound.
For day trade: Same strategy, sell at resistance (19371); buy/TP at support (19070 strong support level; then 18910). Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Sticktoyourplan follow your trading strategy.
Trading to make pocket money isn't that challenging and it can be boring but you can make it fun and zen with it.
Let's follow our own strategy and zen with 📙 and 🍵 to let the results realized. It can be a winning trade or losing trade, it doesn't matter. We are aiming for long horizon; as we are not gambling or speculating.
Rememeber to allocate some of your gained pocket money for long term assets investment.
Is end of the full trading week for 2025.
Got your trade plan ready for 2025, or are you still figuring out your moves?
Think of it like prepping for a wild night out—plan your entry, know your exits, and avoid getting caught in the wrong crowd (aka bad trades).
Share your ideas and goals with fellow market party animals, hype each other up, and sharpen your skills with regular practice. Let’s make this trading year a VIP experience!
Happy Trading Everyone!
waltzing within the boxPEPPERSTONE:HK50
timing markets is virtually impossible
we don't have crystal ball🔮 and hence we don't predict or speculate.
let's dance with the index
From yesterday post, from the indicators we keep an eye to monitor as it may rebound...
so is this the rebound ?(yes maybe short-term).
A full reversal? again, we don't know! But, don't think so, always cross-check with broader tf - D Chart. It's still at bearish zone; oversold zone (continue to monitor....)
From the 4H chart
Both MACD & KDJ turned around giving reversal signs.
MACD - although still below zero level but we can see the lines are curving up.
KDJ - turned into bullish green zone, indicating uptrend signal.
The 1H chart - the Index moving within the box. You may use BB indicator to get the range too.The previous range red box 19000 - 19200.
Support : 19200 if breaks then next 18960)
Resistance :19440 (if breaks then 19647, then 19945).
For day trade: Same strategy, sell at resistance; buy/TP into support.
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
For swing trade : Set your tf, entry and exit plan.
For slightly mid-long term trade (more than 9months - 36months++) : You may plan and DCA the Index. You may take a long position on HSI Tracker Fund 2800. HKEX:2800
The index is currently in a discount zone, check the historical price; there are ample of room to reach its ATH @33500. The law of attraction; we know that whatever bottom eventually rebound, it's the matter of time.
DYODD. Plan your trade, do not listen to anyone including this post!
Profitable traders/investors take contrarian moves. It's challenging but worth spending some time to think:- Ultimately what we want to achieve from our action/trading...
Sticktoyourplan follow your trading strategy. Set your SL/TP.
Once set, you may zen with 📙 and 🍵 wait for the results.
Happy Trading Everyone!
dancing cha-cha within the range ; be cautiousPEPPERSTONE:HK50
HSI:HSI
Helloy bello everyone!
Seems like the party ain't ending soon, is dancing cha-cha for the past few 1H candles
From the 4H, it seems inching down.
as the MACD & KDJ both indicating bearish mode.
Cross-checked with broader tf chart - D chart. And it's at oversold zone; keep an eye as it may rebound.
The 1H chart - the Index grasping at the level between 19200-19500
Support : 19200 (yesterday texted 19224; if breaks then next 18960)
Resistance :19500 (if breaks then 19650).
For day trade: same strategy, sell at resistance (19370-19400); buy/TP at support (19250-19270).
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
For swing trade : Set your tf, have your entry and exit plan.
For slightly mid-long term trade (more than 9months - 36months++) : You may plan and DCA the Index. You may take a long position on HSI Tracker Fund 2800 HKEX:2800
The Index is currently in a discount zone as it's traded 30% above its historical all-time-lo (ATL);
Ignore the news and plan for your long term capital gain game plan, be patience and zen.
The law of attraction; we know that whatever bottom eventually rebounds, it's a matter of time.
DYODD. Plan your trade, do not listen to anyone. You can't make the money beyond your realm of capabilities.
Sticktoyourplan follow your trading strategy. Set your SL/TP.
Once all is set, let's zen with 📙 and 🍵 wait for the results.
Happy Trading Everyone!
Do you see it as a opportunity to scoop the dip?
PEPPERSTONE:HK50
Hello everyone, good day!
PEPPERSTONE:HK50 HKEX:2800
The 1H chart - the index had lost its strength and has plunged ~300pts from its morning open @19587.
Hi : 19868 (higher than 19876 @20250105 1H Hi)
Support : 19300 ( ati point of writing broke the level; next 19130, 18965) .
Monitor if is able to stay at this level.
Resistance :19600 (if breaks then 19700). Unlikely.
www.scmp.com
Do you see it as a opportunity?
For day trade: Same strategy, sell at resistance (19353); buy/TP into support. Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator. Here taking Bearish position.
For swing trade : Set your tf, entry and exit plan.
For slightly mid-long term trade (more than 9months - 36months++) : you may plan and DCA the Index. You may take a long position on HSI Tracker Fund 2800. HKEX:2800
The HSI is currently in a discount zone as it's traded 30% above its historical all-time-lo (ATL); there is ample of room to reach its ATH @33500. The law of attraction; we know that whatever bottom eventually rebounds, it's a matter of time. DYODD. Plan your trade, do not listen to anyone including this post!
Sticktoyourplan follow your trading strategy. Set your SL/TP.
Once all is set, let's zen with 📙 and 🍵 wait for the results.
Happy Trading Everyone!
Still in the awkward zone...PEPPERSTONE:HK50
Hello everyone! May everyone have a great week ahead, the weekend had past regardless you had a good one or challenging one, that had passed!
We live in now and then.
Let's see how the index doing this morning for the new start of the week and so we can plan and take action accordingly.
Are they waiting for the 2025-2026 budget speech in Feb; after CNY?
News are distraction. If you are using chart pattern, technical analysis to forecast the price movement; stick to it! Although sometimes news can be catalyst to price movement, as long we stick to our plan and continue to practice and adhere to our own SOP, our trades will not go too far off.
From D chart
What we can see is the MACD,Signal is getting weak , histogram is weak the signal line is breakthrough the zero line. We should monitor close by end of today if it crosses down the zero line.
Let's not go against the trend, trend is always our friend! ☺ However, for the index it seems currently is no trend...awkward. haha
The 4h Chart - the pricing had turned bearish since 31/12/24 as marked (Dead Cross).
Support : 19311
Resistance :20220
The 1H chart - the index dancing within the range bound as we noticed from chart.
Hi : 19868 (higher than 19876 @20250105 1H Hi)
Support : 19630 (if breaks then next 19311)
Resistance :19850 (if breaks then 19980 ;52EMA)
For day trade: Same strategy, buy into support, sell at resistance and monitor.
For swing trade : depends your time frame (tf); once the 1h hour chart MACD indicator crossing up the zero line and the KDJ turned green. May take bullish position.
Sticktoyourplan follow your trading strategy. Set your SL/TP.
Once all is set, let's zen with 📙 and 🍵 wait for the results.
Happy Trading Everyone!
2025 NewYear Party with severe Hangover again!PEPPERSTONE:HK50
Happy New Year everyone!
1h Chart
From the chart we can see the 1h MACD forming Golden Cross on last 31/12/2024 0900; it was pumped to have a nice closure for 2024 and went for a heavy party.
This morning, as we can see the hangover hits quite severely! The index plunged more than 500bps this morning.
The MACD indicator now is forming Deadcross and in its bearish mode. The KDJ is also in its bearish zone.
Today the index could find support at 19453 and resistance at 19753.
D Chart
Well, we wish we had a crystal ball.
From the D chart, the MACD line crosses the Signal line forming a Deadcross. However, the Signal line is yet to cross below zero although the KDJ is already in its bearish zone.
Do not be swayed by the news, stick to your plan and set your TP/SL.
Do not anticipate and speculate how the markets move, we can only react with Buy,Hold or Sell.
Let's monitor the movement and practice your zentrading strategy.
Happy trading everyone!
Wishing you the best coming to you this 2025!
Let's continue 🧘♂️ Zen-ing with 📙 and 🍵.
at least a meal treat for the weekend!FX:HKG33
Hello everyone, from the D chart, the index seems dancing within the dancefloor.
From 1h chart
today trade plan : same old same old strategy sell into resistance and buy at support.
From the shorter tf we can notice probably end of the week and index seems giving meal treat.
🥩 🦃.
For the first hours from the MACD signal and KDJ it seems bullish.
Long for the first half; continue to monitor see if it breakthrough 19975/20000.
Happy trading everyone!
Stick to your plan, set your SL/TP. Let's zen with 📙 and 🍵 while waiting for the meal treat and show your gratitude and love the Index although sometimes it doesnt go according to our plan. 🥂
Do you see what I see? Uncle Roger quote: Haiya!FX:HKG33
Hello everyone!
Do you see what I see?
Haiya! not sure if the overnight fed news probably injected more booze; the Index seems continues to hangover and not gonna sober anytime soon.
4h chart
Price movement - Bearish
MACD Signal indicator : Bearish
D chart
no sign for bullish, the reversal seems not happening that soon.
To gain some pocket money, from chart we do not go against the trend.
Same old strategy - sell into resistance today.
Be cautious if the reversal happens this week, tomorrow is the end of the week.
As of writing, the index loss around 250++pips ; down around 1.45% this week.
See W chart:
Happy trading everyone and the Santa actually is there always, you can long/short for the 🎄 📦.
Let's be cautious to protect our capital unconditionally while monitoring the movement let's Zen with 📙 & 🍵!
the hangover hit quite long isn't it?FX:HKG33
Hello everyone! The index seems got some booster?
D chart shown that the
MACD Signal lines are both are closing the gap and touching the zero line.
Price : 19700 - 19730 is the support level
We do not know if this is gonna be bullish or bearish. How to cross-check and confirmed?
Let's deep dive into smaller tf:-
4h chart
On 9Dec2024 we can see the Golden Cross from MACD indicator. Infact the index did surged for that day but it did not last long. As you can see the Dead cross on 11Dec2024 as marked in chart for easy reference.
1h chart
as marked 12Dec2024; the MACD signal formed a Dead cross crossing down the zero line which confirmed it was in a bearish zone. This bearish mode has continue till date.
However, you can see the indicator starting contributing green histrogram and the MACD line is curving up and touching zero line, as mentioned we are hoping that there is attraction for volume to realize the reversal.
So we have to monitor closely and see if we can ride on the reversal.
Support level at ¬19700.
The Index will continue to test this support level.
BB : we can see the movement is slowly curving up, and hopefully this continue together checking and confirming with the MACD curving up trend.
Also to look at the KDJ, although is in bullish green zone but the indicator seems curving down.
Swing trade plan buy into support sell at resistance and set your SL/TP. Trade according to your tf ; set your entry/exit plan accordingly.
Support Level ; 19700, 19520, 19315(another key support level)
Resistance Level : 19900,20050-20250
Happy Trading Everyone!
Let's execute our zen strategy and zen with 📙 and 🍵.
not yet sober; continue with bearish sentiment.
Resistance level : 20070-20090
Support Level : 19670 - 19568
If breakdown thru 19303 the next bus stop will be 19080 i.e 🆘 level as you can see from 1h chart.
Tradeplan : buy into support and sell at resistance, set your SL/TP.
From today macro overview, most of the traders likely to short the index. To trade for 100-150pips profits for tomorrow and within this week for 200pps is feasible. Remember your SL and locked in profit.
tradingview.com/news/mtnewswires.com:20241216:G2446630:0-hong-kong-stocks-extend-slide-on-disappointing-chinese-economic-data-ganglong-china-property-slumps-10/
The Hang Seng Index fell 0.88%, or 175.75 points, to close at 19,795.49.
For D chart
We are hopeful to see the reversal; the MACD Signal is now breaking above zero level and
although the KDJ still in bearish zone.
Let's continue to monitor; while waiting for more positive news and hopefully Santa remember to drop by the index chimney to give it a boost we shall zen with 📙 and 🍵!
Happy Trading Everyone!
The booze seems quite strong; the hungover continue aft party!FX:HKG33
hello everyone TGIF!
Trade plan for today before end of the week.
It continues to dance btw range as shown in chart : 19800 - 20500 (1h Chart)
To trade using smaller range tf.
For the week it's still a small gain.
Shorted earlier hoping to take some profit for 🎄 weekend meals. ☺
Again to set your SL/TP level.
4H Chart
The 4h chart showing the index is still on the bearish zone.
Happy Trading and have a good weekend everyone!
while waiting toTP let's continue to zen with 📙 and 🍵!
Is The Reversal End? Will the rebound party last?FX:HKG33
Is the Index rebound strong? Based on the 1h chart, you know the answer.
What is the range to look out for?
10EMA crossing down 52EMA on 1h chart. Not good.
MACD signal break through zero line level indicate bearish mode. Histogram bearish color in deep red like the index. Required "blood/live" to boost.
From the Money Flow Profile : 20208.39 level shown the selling pressure with huge volume. You know where to get the indicator and how to read it.
KDJ Indicator, kind of confirming the bearish zone for the hour.
Consolidation area : 19750-20300(the index dance between the rangebound)
as mentioned in previous post reaccumulate at 19730-20300.
D Chart
Price 20165.88 closed below 52EMA - 20354.18 (Down 171.28; -0.84%)
For the Week, as of today - it is still gaining 391.15 +1.98% from Open : 19,774.73 on 9Dec24.
Let's continue to monitor and see if the authority fiscal policy benefit and boost the reversal.
Happy Trading!
HSI significant pull back! FX:HKG33
Look at 1H chart movement together with the MACD & KDJ indicator, the histogram for MACD line & signal line is getting weaker (you can see both indicators curve seems lower than the previous wave). We should monitor.
marked the time zone where the index turned bearish for the 1H chart. There was no re-entry position as trading in Asia time zone.
The significant pull-back continues when market re-open here. It's 10% pull back this morning. Well, this is a good chance to look at for a better re-entry level. However, we should be cautious to avoid catching falling knives 🗡
what we see from the 1H chart MACD & KDJ both are on the downtrend level/bearish red zone. However, we can look at the support level at 21580. If the index stays above this level then the uptrend is still intact. Otherwise, we could expect a more significant pull-back (cross-check with longer tf chart 4H,8H).
For shorter 1H tf swing trade check the 8H Chart for support/resistance level
Find support level at 21500-21700
and resistance level 22000 -22300
It has been climbing too fast and taking a break now. Personal POV, prefer the movement slow and steady forming a stable staircase; more sustainable.
Happy trading everyone! A pull-back is healthy for taking a breather.
Ultimate Winrate KDJ Strategy by reset parameter!(best tutorial)You've ever had this happen?
Bought a stock at rock bottom, and it starts to rise a bit, and then the J line turns down on the KDJ indicator, telling you to sell. So, you sell, but then it quickly shoots up, leaving you pretty blue. like you missed out on a fortune. Was the KDJ indicator down?
Nope
Hold tight, cause we're about to see a miracle. By just tweaking a bit the KDJ indicator's parameters, you can nail those short-term highs and be on your way to the success.
So, how do you find the right KDJ indicator parameters?
Stick around, and I'll spill the beans!
First off, why do we need to optimize this lil' parameter?
Well, every stock moves differently cause the folks trading it are different. So, a one-size-fits-all KDJ indicator won’t always work well on every stock at every stage. To up our chances, we gotta tweak those parameters to find the best fit for our stock.
Now, onto the second question: how do you find the right ones?
Let’s go back to the Tesla stock chart.
After changing the KDJ indicator parameters to 74, the sell point lines up perfectly with the peak.
Why 74?
Well, from point A to point B, there’s exactly 74 candles. Why use the number of candles between those two points as the KDJ parameter?
Here’s the crux of it.
The KDJ indicator is a momentum oscillator, calculating the close price at latest candle with the highest and lowest prices of the previous nine candles since the default KDJ parameter is 9.
so If the price breaks above the highest price of those nine candles, it will be constantly giving false sell signals.
So, we need to set the KDJ parameter to the number of candles from the previous high to the low. This way, the highest price and lowest price are not broken.
Then, the KDJ works accurately.
Still lost? Let’s look at another example. Here’s an Apple stock chart.
With the default parameter of 9, we bought after the golden cross, but few days later, it prompt to sell signal, and then the price soared. Feeling furious yet?
But if we set the KDJ parameter to 95, we’d have sold right near the top, securing a nice profit!
Why 95?
Same method: from the highest point A to the lowest point B, there’s 95 candles.
Got it? Ain’t it something?
Check your stocks with this method. Got questions? Leave a comment, and I’ll get back to ya ASAP! Today we focused on using KDJ to find sell points. It’s just as magical for buy points, which I’ll cover in future videos.
So, please follow me and hit that boost bell so you don’t miss out!
OMG likely to see a rebound 🚀 Long trade to previous top for V"According to Santiment, some of the best altcoin candidates who are inside the mid-term opportunity zone include Lido DAO (LDO), Synthetix (SNX), Storj (STORJ), and OMG Network (OMG)."
Entry current price
Stop loss @ 0.896
Take profit 1 @ 1.142
Take profit 2 @ 1.284
✅ Perfect bounce off the 0.702 Optimal Entry Zone Fibonacci level
✅ Consecutive long-legged demand candles on 12h
✅ Stoch RSI nicely reset from the bottom and rising
✅ KDJ scoop crossing the descending trendline
BDMS | Inverted Head & Shoulders | Entry @ Breakout SetupPrice Action & Chart Pattern Short-term Trading
> Inverted Head & Shoulders
> Entry @ Breakout Setup
> Target at previous high
> Stoploss @ right shoulder
Indicator:
> Banker Smart Money & Banker Chip Volume Support at significant level
> BBD bullish divergence crossed above baseline
> Banker Fundflow uptrend but not overbought
> KDJ ribbon on uptrend above 70
Trading with affordable risk ratio 2:1 for short term trade
Always respect your stoploss
LOOKING AT USD/JPY AND LEARNING THE ICHIMOKU CLOUD, KDJ AND RSINot the best idea to trade USD/JPY because shaded areas of Ichimoku cloud are low/tight so we don't trade it however there are some clouds that are big and we can trade them because we have 3 yes opinions before making a decision, this means we have 3 indicators that are going well and its something we are looking for. An example is if we are looking for a sell trade than we must all look for 3 indicators which is the Ichimoku Cloud, KDJ and RSI, if all indicators are telling you its a sell than you would sell the trade, if one of the indicators are telling you its a sell but the other two indicators are not than you wouldn't sell the trade.
JR | Falling Wedge Breakout | Entry Setup TF4HPrice Action and Chart Pattern Trading
> Possible bullish wedge reversal breakout in timeframe 4H
> Entry @ Breakout trendline and stop zone accumulation
> Target @ Volume Profile POC level Fibonacci zone 0.786 - 1.0
> Risk ratio 2.5: 1
Indicator:
> Smart Money and banker chip significant volume support
> Fund Flow bullish divergence
> KDJ uptrend reversal pattern
> BBD golden crossing baseline
Always respect your stop-loss
SOLAR | Rising Triangle | Entry Breakout Setup Price Action & Chart Pattern Trading
> Rising Triangle | Buy @ Breakout above EMA400
> Target zone @ Volume Profile high D-shape Point of Control - Fibonacci Retracement 0.786
> Stop Zone @ the lowest triangle
Indicator Support:
> Smart Money and Banker Chip Volume
> BBD signal - positive above baseline
> Fund flow reversal pattern still below entry position
> KDJ uptrend ribbon
Trade with affordable risk ratio 3:1
Always respect your stoploss
BROOK | Pennant Breakout | Entry @ Pullback SetupPrice Action and Chart Pattern Trading Setup
> Pennant Breakout and above Volume Profile POC line
> Entry @ Pullback setup - Target 0.786 - 1.0 of previous high - the key resistance of volume profile
Indicator:
> Smart Money and banker chip volume support at previous low / B position lowest pennant
> BBD bullish signal crossover base line
> Banker Fundflow strong uptrend and not overbought
> KDJ stochastic uptrend reversal
Risk Ratio: 2:1 stoploss at C position previous low pennant