KLSE : Precise Rebound Analysis with 5 mins chart
To time a perfect rebound for trading, common technical analysis is not going to help much. Due to the signal is always late, causes our entry at the high price & price fall after that.
Common technical analysis often use average price & volume for indicator or price up with high volume , which the big boys often use this method to attract investors attention for them to take profit.
If we want to make rebound trade or find the bottom of the price, we need to know WHEN will the big boys markup the price & WHAT kind of price movement the big boys will transact before the markup.
We find price bottom very different from the traditional analysis, we don't use support line, indicators, nor candlestick pattern. We use a more effective analysis to find the price bottom, by looking at 5 mins chart.
Below explanation is 1 of our previous trade in ECOWLD, which we have taken the profit after that.
Kindly zoom in to 21st OCT & 25 OCT for visual explanation.
*we are not allow to insert image link because we haven't got enough of reputation point*
tradingview.com/x/EMyZK0Tq/
On 21st OCT we can see the 5 mins chart have volume created with price maintaining at the high price. This shows the big boys have intention to markup price the next day.
That's where we enter the trade on 25th morning ant take profit on 27th before the price down.
Stock price move according to the big boys expectation & every price moves have an intention to attract buyers attention with price mark up.
Big Boys will sell fraction of their shares for profit when there are enough retail investors place buy orders at the lower price. That's the reason for price retrace in an uptrend.
Big boys in KLSE often have this price movement before any short term rebound. By understanding the big boys operation style, we will know the next day price movement before the price fall or up.
Common technical analysis often use average price & volume for indicator or price up with high volume , which the big boys often use this method to attract investors attention for them to take profit.
If we want to make rebound trade or find the bottom of the price, we need to know WHEN will the big boys markup the price & WHAT kind of price movement the big boys will transact before the markup.
We find price bottom very different from the traditional analysis, we don't use support line, indicators, nor candlestick pattern. We use a more effective analysis to find the price bottom, by looking at 5 mins chart.
Below explanation is 1 of our previous trade in ECOWLD, which we have taken the profit after that.
Kindly zoom in to 21st OCT & 25 OCT for visual explanation.
*we are not allow to insert image link because we haven't got enough of reputation point*
tradingview.com/x/EMyZK0Tq/
On 21st OCT we can see the 5 mins chart have volume created with price maintaining at the high price. This shows the big boys have intention to markup price the next day.
That's where we enter the trade on 25th morning ant take profit on 27th before the price down.
Stock price move according to the big boys expectation & every price moves have an intention to attract buyers attention with price mark up.
Big Boys will sell fraction of their shares for profit when there are enough retail investors place buy orders at the lower price. That's the reason for price retrace in an uptrend.
Big boys in KLSE often have this price movement before any short term rebound. By understanding the big boys operation style, we will know the next day price movement before the price fall or up.