Emotional + Technical

What i want to tell you is between emotional + technical.

Emotional can make you change your decision while you trade something you not confirm and you not sure. Even you expert in technical do not mean you really can master your emotional after you in losses.

What the main point is you must trade with happy and enjoy. Don't force yourself in a critical situation.

KLCI - 08

Technical really hard to explain within 1 day. We need time and keep train ourself believe to market.

Ok. Here the explanation for KLCI - 2008 technical



1. Look at KLCI first.
We can see that KLCI adi having MacD crossover and is on the downtrend.
KLCI is a summary of index for Malaysia country and not easy to make a fake value, unless you really a "big big" fund to control all the stocks.

2. Look at other Sub-indexes in KLCI.






All stocks's MaCD already crossover and now just waiting our plantation stock.
Now our CI most depend to plantation stock. If crude oil also fall down, what will happen? Plantation still going up?
I think won't and this time our CI wont support at 1200 level anymore and this time to go more deeper as we can calculate base from fibonacci retracement.

Could CI kiss 950?

Now we just can wait and see how powerful fibonacci in stock market. Is it really can predict the bottom?

Market Re-cycle

If market want to have a new record. Sure need to re-cycle a new group and having a another new level. This kind of cycle only can maintance the composite level go for another level.