CINA 50 INDEX BOUNCING?ON THE MONTHLY TIMEFRAME WE HAVE A BETTER IDEA OF WHAT IS HAPPENING, LETS DIP INTO SMALLER TIMEFRAMES TO FIND OUT WHEN ARE WE GETTING THAT BOUNCE
CN50USD trade ideas
First country to recover from COVID-19CHINA
I am bullish on the country, many of its stocks, ETFs and obviously in some way, I am biased so do your own due diligence before following. China's story is way beyond what many read on the news, whatever you can get hold of.
You gotta step into China yourself , live there for a while and experience the life there ! It's changes is so dynamic and fast paced that to keep track of it is a mind bogging exercise and its grey rules and boundaries make it harder for you to gather hard data.
I love to take public transport, buses, trains to observe , to talk to the locals and from there I gather my own intelligence. Some of course find this method out-dated, unreliable but thus far it has served me pretty well. I am only a small retail trader not a hedge fund house with huge capital to invest in a research team of analysts with MBA and chartered financial analysts.
Oh, I also like to watch the Chinese movies which reflect the thoughts and ideologies of the Chinese people in some way. Some stories are deeply embedded in the ancient chinese culture , Confucius, food and its people. It is rich and worth exploring.........
Focus on what you want NOT what you do not want - many have shared with me about the terrible things the chinese government do to HK people, Taiwan, etc. It is beyond me since I cannot talk to the CCP people and every country has its own political agenda to pursue.
Then there are articles about the unscrupulous businessmen who manufacture anything fake in China just to make money like plastic as noodles , mixed ingredients in baby infant powder. The list goes on........
Trust me, if you do a detailed search on other countries, you too would find these culprits too. China being the 2nd largest country would have a higher number of incidents purely from a large base to start with ............
I prefer to focus on what the government is doing right now - alleviating poverty for the people, building better infrastructure, upskill the minority and making great efforts to reduce carbon emissions. Maybe to the activists, this ain't enough but as onlookers and outsiders, isn't it always easier to criticise and put the blame on others ?
Same for trading and investment, when we lose money, how often do we reflect on our trades, our reasons for taking the positions rather than pointing fingers at the broker, the noises out there ,etc ?
Traditional|CN50USD|Long and shortLong and short CN50USD
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone.
Working out the support and resistance levels of the consolidation zone.
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
The breakdown of the upper blue zone - long.
Breakdown of the lower blue zone - short.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Blue zones - activation zones.
Green zone - take zone.
Red zone - stop zone.
Orange arrows indicate the direction of the take.
Red arrows indicate the direction of the stop.
Priority - The value of the priority parameter implies the author's subjective opinion about the more likely activation zone on this idea, this does not mean that this idea will be 80% activated by this parameter, the purpose of the parameter is to provide for the risk of the inverse of the zone parameter.
Example: "Priority Long: So the author inclines more in the direction of the activation zone open long trades, in this case, when reaching the activation zone in short you should be very careful, because this area may be highly likely to be punched about the breakdown/do not get to take/activate transaction from go to stop."
Please consider this parameter if you use my ideas.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
China50 LongAs soon was we pass the trigger zone with a strong bullish candle and buyers take over we will enter a long position.
China down trendChina has entered in a down trend movement ... if its persists for this week we are in a trend down formated!
CHINA A50 07032021China A50 overall structure looks bearish.
resistance 18,400
next support at 17,200
CN50USD Buy Entry - D1 Daily ChartCN50USD - China A50 - Buy Entry - D1 Daily Chart
Buy @ Current Market Price
Stop Loss @ 0.5% to 1% of your Account Balance
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Wishing you successful trading 🙏
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🔺 DISCLAIMER
🔺 The content of this analysis is subject to change at any time without notice.
🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions.
🔺 You must do your own research to create your own trading plan for the market.
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New trading Strategy upgrade -Hi guys, this is my idea only. My main trading strategies are on trend and swing trading and my positions are on H4 and day chart only. I don't do intraday trading in M1-M5 chart as it is very headache to keep my eyes on the screen all the time with little profits. We open and hold positions for at least 1-3 weeks for a target of at least 20% profits on each trading. If you consider one of my analysis is useful for your trading or to follow, please consider donate @ paypal.me/qguoshane , an invest account on MT4 may be given for each donation. Good luck!
china a50 buyas you can see, price flipped the S/R and it also reversed at 0.618 fibo. we can expect it as a reversal.
tp1: the box
tp2: ATH
Is there new trouble in Chinatown?Sharp ATR switches usually mean something for true trend followers.
The chart shows an important 2H trend switch. As always, with trend following it's not possible to say whether the trend is going to end soon or whether it'll continue for longer. This could even be a minor correction in a daily trend, but how would you know if it's not the start of a new trend south. You can't know.
Something spooked markets around the world - especially the so-called Asian markets.
See 4H picture below
The DJI did a bull run and disconnected from the USTech100. We'll probably find out later what all that as about.
It could well have been words of hope uttered by Yellen, who knows.
Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
China weakness preludes silver strengthNot quite same landscape, but silver's epic run last July was from China A50 correcting from a powerful run-up, and copper rotating out of strength into silver.
Let's see if this repeats.
China vs SilverA strong run up for this index is followed by a correction... which silver THRIVES in...
Run up in progress.. when it ends... silver explodes.
New trading Strategy upgrade -i guys, this is my idea only. Please message me privately if you would like to see for my trading strategy e.g. how to use EMA , Price Auction and MACD strategies etc.. I would give my ideas on 10 different items each week here. My main trading strategies are on trend and swing trading and my positions are on H4 and day chart only. I don't do intraday trading in M1-M5 chart as it is very headache to keep my eyes on the screen all the time with little profits. We open and hold positions for at least 1-3 weeks for a target of at least 20% profits on each trading. If you consider one of my analysis is useful for your trading or to follow, please consider donate @ paypal.me/qguoshane , a screenshot (same day) on my real trading accounts or an invest account on MT4 may be given for each donation. Good luck!
Your red pockets are coming right at you China.. SELLChina A50 is facing bearish divergence.. running out of steam, now COVID cases increasing before chinese new year.. set your bids for Bitcoin lower because this index and bitcoin are correlated
