*CTRA FORMING PATTERN ASCENDING TRIANGLE (WEEKLY CHART):
RESIST TRIANGLE AROUND 460-475 (BULL & BEAR WILL FIGHT HARD LATER IN THIS AREA). IF BULL WINS, TARGET WILL BE AROUND 630 (AT LEAST 75% HIGH OF THE TRIANGLE).
*CTRA ELLIOT WAVE (DAILY CHART):
WE IDENTIFY THIS CURRENT WAVE UP IS THE LONGEST BIG WAVE 3-iii . WAVE 3-iii ITSELF WILL USUALLY BE DIVIDED INTO ANTOHER 5 WAVES.
WE HAVE SET TARGETS ACCORDING TO TIME FRAME:
1ST TARGET @460 (ESTIMATED PROFIT 20%).
2ND TARGET @550 (ESTIMATED PROFIT 45%).
3RD TARGET @630 (ESTIMATED PROFIT 65%).
FINAL TARGET @700 (ESTIMATED PROFIT 85%).
STOP LOSS CLOSE BELOW 350 (ESTIMATED LOSS 10%). ONLY IF STOP LOSS HITS, ALT WAVE WILL BE POSTED LATER.
LETS RIDE THE BULL FROM CIPUTRA (CTRP & CTRS USUALLY MOVES TOGETHER WITH CTRA). JUST PICK 1 OF THEM & OUR CHOICE IS CTRA.
The Best Strategy using ELLIOT WAVE for Understanding Price Movement, Money Management and Emotional Control in Stock Market designed for "TRADING FOR A LIVING.
Monday, September 27, 2010
AALI - WAVE 5-i
Sunday, September 26, 2010
Friday, September 24, 2010
BMRI .AGAIN…
Monday, September 20, 2010
UNSP, SEPT 17th 2010
ELTY - SEPT 17th , 2010
ELTY jika dalam skenario bull, ELTY harus mampu breakout donwtrend line( blue line) dilihat dengan volum yg semakin besar ada kecendungan ELTY break RESIS pertama 154 dengan target 164 atau 179 sekaligus tutup gap. yg akan di kita tandai dengan label WAVE 1(1-iii dan akan ada koreksi wave 1-iv dan IMPULSE ke 1-v) dari BIG primary wave 3.
Saturday, September 18, 2010
Thursday, September 16, 2010
ELSA - AFTER 20 WEEKS CORRECTIONS
*ELSA 14 JULY:
WAVE A POSTED @300.
*ELSA 16 SEPT:
WE HAVE MADE SOME SPECULATION BUY ON 300 (ALTHOUGH THE LOW DID REACH 285) & ALSO AVERAGE UP SOME MORE TODAY.
AFTER 20 WEEKS CORRECTIONS, WE BELIEVE IT'S TIME FOR ELSA TO REBOUND AT LEAST WAVE B UP (OR WE ALSO GIVE ALT WAVE 3-iii).
TARGET FOR WAVE B IS VERY FLEXIBLE. ON THE WAY UP, ELSA MAY STOP ON FEW RESISTANCES:
1ST RESIST: 370
2ND RESIST: 420
3RD RESIST: 500
STOP LOSS BELOW 305.
WAVE A POSTED @300.
*ELSA 16 SEPT:
WE HAVE MADE SOME SPECULATION BUY ON 300 (ALTHOUGH THE LOW DID REACH 285) & ALSO AVERAGE UP SOME MORE TODAY.
AFTER 20 WEEKS CORRECTIONS, WE BELIEVE IT'S TIME FOR ELSA TO REBOUND AT LEAST WAVE B UP (OR WE ALSO GIVE ALT WAVE 3-iii).
TARGET FOR WAVE B IS VERY FLEXIBLE. ON THE WAY UP, ELSA MAY STOP ON FEW RESISTANCES:
1ST RESIST: 370
2ND RESIST: 420
3RD RESIST: 500
STOP LOSS BELOW 305.
Monday, September 6, 2010
INDY - WEEKLY CHART JULY & SEP
*INDY WEEKLY CHART POSTED 14 JULY: (click here for details):
PRICE WAS AT 3100 THAT TIME & RALLY +12% TO HIGH 3475 ON AUG.
*INDY WEEKLY CHART UPDATED TODAY 6 SEP:
WE'RE STILL LONG BULL FOR INDY, SLOW BUT SURE INDY IS GOING TO BREAK ALL TIME HIGH 3600.
QUESTION IS INDY GOING TO BREAK IT DIRECTLY OR NOT?
1ST SCENARIO:
CURRENT WAVE LABEL AS REBOUND "WAVE b" (blue colour), TARGET AROUND 3350-3400. AFTER THAT IF PRICE BREAKDOWNS 3150, THEN INDY WILL PULL BACK TO "WAVE c" (blue colour) AROUND 2800-3000. IF THIS HAPPENS, IT WILL BE A VERY NICE SUPPORT TO BUY MORE BEFORE INDY BREAKS 3600.
2ND SCENARIO:
ONLY WHEN PRICE MANAGES TO BREAK 3475 DIRECTLY, LOW 3150 WILL BECOME ALT WAVE B (green colour). IN THIS CASE STRATEGY BHSH (BUY HIGH SELL HIGHER) CAN BE USED BECAUSE PRICE WILL MOST LIKELY BREAK 3600 AS WELL.
PRICE WAS AT 3100 THAT TIME & RALLY +12% TO HIGH 3475 ON AUG.
*INDY WEEKLY CHART UPDATED TODAY 6 SEP:
WE'RE STILL LONG BULL FOR INDY, SLOW BUT SURE INDY IS GOING TO BREAK ALL TIME HIGH 3600.
QUESTION IS INDY GOING TO BREAK IT DIRECTLY OR NOT?
1ST SCENARIO:
CURRENT WAVE LABEL AS REBOUND "WAVE b" (blue colour), TARGET AROUND 3350-3400. AFTER THAT IF PRICE BREAKDOWNS 3150, THEN INDY WILL PULL BACK TO "WAVE c" (blue colour) AROUND 2800-3000. IF THIS HAPPENS, IT WILL BE A VERY NICE SUPPORT TO BUY MORE BEFORE INDY BREAKS 3600.
2ND SCENARIO:
ONLY WHEN PRICE MANAGES TO BREAK 3475 DIRECTLY, LOW 3150 WILL BECOME ALT WAVE B (green colour). IN THIS CASE STRATEGY BHSH (BUY HIGH SELL HIGHER) CAN BE USED BECAUSE PRICE WILL MOST LIKELY BREAK 3600 AS WELL.
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