$BABA-SW (09988.HK)$ hi all, as said earlier I exited on my baba on 79.6 on my entry of 80(exact is hkd 80.3) lost of 0.6 cents hkd per shares.
but now I will monitor as price really cheap now as said I will let u know when I reentry I will not 马后炮 like 9027 said me sl 73 exit on 79.6 as I don't want it hit my sl while I saw the weekly turn bearish and downtrend confirmed by daily timeframe.
investor Don need worry just average down on the price I enter then u will be very ...
but now I will monitor as price really cheap now as said I will let u know when I reentry I will not 马后炮 like 9027 said me sl 73 exit on 79.6 as I don't want it hit my sl while I saw the weekly turn bearish and downtrend confirmed by daily timeframe.
investor Don need worry just average down on the price I enter then u will be very ...
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$BABA-SW (09988.HK)$ hi all as it is bearish and downtrend for weekly so I exit at 79.60 based on last week and lose around 1 hkd per shares.
as now weekly confirmed bearish so u all who trade with the same can exit first and will reconfirm again for reentry once weekly turned bullish again in terms of trading as we cut loss short.
for investing can hold as it is a good point to hold as it is a monthly timeframe sup...
as now weekly confirmed bearish so u all who trade with the same can exit first and will reconfirm again for reentry once weekly turned bullish again in terms of trading as we cut loss short.
for investing can hold as it is a good point to hold as it is a monthly timeframe sup...
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$BABA-SW (09988.HK)$ hi all, so daily timeframe turn bullish now but is still downtrend so it might still turn bearish anytime, but the good news is it turn bullish so is a good hope for upward momentum now.
so until either of them turn bearish for daily, weekly and monthly then will update.
now bearish momentum will stop (excluding those minor fluctuation around 1 -2 percent) and bullish momentum will come in now until daily bearish again.
but...
so until either of them turn bearish for daily, weekly and monthly then will update.
now bearish momentum will stop (excluding those minor fluctuation around 1 -2 percent) and bullish momentum will come in now until daily bearish again.
but...
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$BABA-SW (09988.HK)$ 80 range or lower a bit is a critical support level based on my strategy as weekly and monthly supporting it so don worry it will not fall below 80 much unless I said weekly change to bearish.
On the other hand, as daily timeframe still not turning bullish so it is inclined towards...
On the other hand, as daily timeframe still not turning bullish so it is inclined towards...
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$BABA-SW (09988.HK)$ hi all, so no new updates unfortunately for daily turning bullish, so it will still inclined to 80 or lower but not touch sl 73.
so it shows true of my prediction again but weekly and monthly is still bullish so no worry.
80 range will hold nicely , and worst case will not touch 73 stop loss due to market stop loss manipulation sweep below 80 sometimes.
entry 80.4 sl 73 and tp open remained.
so it shows true of my prediction again but weekly and monthly is still bullish so no worry.
80 range will hold nicely , and worst case will not touch 73 stop loss due to market stop loss manipulation sweep below 80 sometimes.
entry 80.4 sl 73 and tp open remained.
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$BABA-SW (09988.HK)$ As per previous post around 80 range (in between 80 price) it is a critical support zone based on my strategy, so it will very likely to bound back.
and the good news is the daily is uptrend now as previous post it is downtrend and bearish, so now at least is up trend just wait bullish which I will update if it turn.
so now it is still incline to 80 range so don be too ha...
and the good news is the daily is uptrend now as previous post it is downtrend and bearish, so now at least is up trend just wait bullish which I will update if it turn.
so now it is still incline to 80 range so don be too ha...
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$BABA-SW(09988.HK$ as mentioned earlier, I hold for longer term as I am trading from weekly timeframe ,stop loss precision is based on daily timeframe for higher risk to reward.
so we need to wait daily timeframe to turn bullish then we will start to see 🌈 so don panic and just holding as weekly and monthly all are up direction unless they turn then we will need to exit if u trade along with me for a higher ti...
so we need to wait daily timeframe to turn bullish then we will start to see 🌈 so don panic and just holding as weekly and monthly all are up direction unless they turn then we will need to exit if u trade along with me for a higher ti...
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$BABA-SW (09988.HK)$ as confirmed today/end of this week,fortunately weekly downward confirmation failed , so we will prolong the upward bias till end of next week till this month end.
so remain buy position entry 80.4 sl 73 and tp open.
will keep updated if there is any change on a weekly basis as I trade based on monthly entry is weekly timeframe and stop loss precision based on daily timeframe.
as the weekly range 80 to 100 is intact and it will bias towards 80 range ...
so remain buy position entry 80.4 sl 73 and tp open.
will keep updated if there is any change on a weekly basis as I trade based on monthly entry is weekly timeframe and stop loss precision based on daily timeframe.
as the weekly range 80 to 100 is intact and it will bias towards 80 range ...
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$Alibaba(BABA.US$ previously my fault said that the daily timeframe pullback ends and confirmed, as I double check again the pullback for daily timeframe not yet end so it will range between 80 to 100 on a weekly timeframe basis and daily is bearish so it will incline to go down to test 80.
but weekly is uptrend and monthly is bullish.
and my entr...
but weekly is uptrend and monthly is bullish.
and my entr...
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$BABA-SW(09988.HK$
from 15 Aug on the daily chart as u can see the below cci it is pointing up but the candle is closing lower than the previous day candle despite is green but in fact it should be red so shows divergence from the above, so for my strategy I will count the next 2 candle to be engulfing which it does for the 17 Aug 2023 2nd candles counting from 15 Aug 2023.
and I told before weekly is not bearish so no divergence required but dai...
from 15 Aug on the daily chart as u can see the below cci it is pointing up but the candle is closing lower than the previous day candle despite is green but in fact it should be red so shows divergence from the above, so for my strategy I will count the next 2 candle to be engulfing which it does for the 17 Aug 2023 2nd candles counting from 15 Aug 2023.
and I told before weekly is not bearish so no divergence required but dai...
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1st of the 10 tradesOP : yay it makes me so exited so cheap 60 to 70 range and it can simply fold 100 percent to 120 to 140, I like the price now
1st of the 10 tradesOP : I like it so much!!! as I cut short loss and when I earn I earn really.big like 60 to 100 percent , I just loss about 5 to 10 percent max.
1st of the 10 tradesOP : yay u need to exit also when u know ur position is invalid based on stategy, 9027 said why i need to exit as it not touching my sl while I know the market turn down potentially big one.
exit is same important as entry so if u Don know exit ur profit will evaporated or for me the loss will become so big , so how I able to win if my losss so big to cover.
1st of the 10 tradesOP : trader is like a sniper u need to enter and exit fast otherwise those with machine gun found you you died. this is analogy of counterstrike to trading.
investing is different it is like fishing so it is not like sniper we need to exit when we are wrong but fishing not really just wait until fish hooked up.
1st of the 10 tradesOP : follow up with you said die lor
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