They Look Similar Except KLCI and Shanghai (0 viewing)
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They Look Similar Except KLCI and Shanghai
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ttt (User)
Junior
Posts: 107
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Last Edit: 2008/01/19 14:55 By ttt.
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11 Months, 3 Weeks ago
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STI......with a hammer, decoupling from the rest?
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" Men wanted for hazardous Journey. Small wages. Bitter cold. Long months of complete darkness. Constant danger.Safe return doubtful. Honor and recognition in case of success."
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11 Months, 3 Weeks ago
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With the head and shoulder formation, 12000 almost in touch, next support seems to be at 11600. 
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Last Edit: 2008/01/18 23:44 By mrtee.
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" Men wanted for hazardous Journey. Small wages. Bitter cold. Long months of complete darkness. Constant danger.Safe return doubtful. Honor and recognition in case of success."
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11 Months, 3 Weeks ago
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ttt, why dont you conpare them using the same time-frame. i've compare them about 2 days ago. judging from the time-frame of Oct '07, it was confirmed that KLCI and SENSEX de-coupled from others, including DJI, NASDAQ, FTSE, DAX & Nikkei. I didn't have Shanghai data at that time. so i dont know about Shanghai. But you can check it out. Here is the post, http://
klstockpick.blogspot
.com/2008/01/asia-
partial-decouple-
from-us.html
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11 Months, 3 Weeks ago
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hello, i also think tat our CI seems to have decoupled from the others... but dunno if the decoupling can continue... at the beginning of Jan 08, the decoupling is very clear... last week, it seems be back... :( but i normally use individual charts to do my readings, but i should continue doing so anymore.. :)
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ttt (User)
Junior
Posts: 107
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11 Months, 3 Weeks ago
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ijanmaster, I put the charts separately because I want to see the indicators as well. They are of the same time frame but not on one frame.
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Last Edit: 2008/01/20 01:18 By ttt.
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11 Months, 3 Weeks ago
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hi Max, i have been reading our CI charts independently... however, i am starting to find something missing... tat is why i said "i'm wondering if i should continue doing so"... maybe this intermarket analysis is the answer... can please explain more on this? thanks...
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11 Months, 3 Weeks ago
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ttt hit the nail on this one. ;)
RL, what is something missing? What are you looking for? If your objective is 100% winnings, I suspect any known branch of TA, FA, RA or even Random Walk Theory will not satisfy your quest. If it is high accuracy, then work on to improve the system you are having.
A single chart - can give you more than 50% accuracy. A multiple time frame on a single "counter" can give you more than 70% accuracy. This is all assuming a risk reward ratio of at least 1:2. For 90% accuracy, you ll have to trade even lesser than the one in 70% while retaining the 1:2 R/R.
A more stable system would require adjustments to be made - some trades which would have been taken in the 50% or 70% accuracy system would be neglected.
I will not bother with tweaking the RR because it simply is not worth it. A sustainable strategy should retain the RR at minimum 1:2.
A 90% accuracy system retaining 1:2 RR is possible. Seen many ppl doing it.
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