HSI1! 2021 Apr 26 Week (Intraday)
HSI1! 2021 Apr 26 Week (Intraday)
It looks like price will try to reach for 29318 and
possibly attempt the resistance level.
Immediate support = 28426 - 28484
Immediate resistance = 29243
Entry preference remains at SR zones.
Remember to like and follow if you find this useful.
Have a good trading week ahead.
Hang Seng HSI
USDJPY - Structure TradeA potential trend reversal trade might be in place. Having a break and close below the buy zone(turned to consolidation zone) is the 1st clue for a shorting opportunity. Market retraces and touches the red line without closing above the red line is the 2nd clue, the red line act as a Key Resistance Level, DM me if you don't understand. If the 8am(+3UTC) close as a bearish engulfing candle, it will give the 3rd clue for a shorting opportunity.
HSI1! 2021 Apr 05 Week (intraday)
HKEX:HSI1!
HSI1! 2021 Apr 05 Week (intraday)
Daily = bearish | H4 = bullish / H1 = bullish
Last week's short on test of high was only good for 29 Mar as
resistance turned support, after which we had to recognize and
adopt a long strategy.
Demand has weakened, foreseeing the holiday.
Strategy remains that green/red zones remain the preferred entry levels
Like and follow if you find this useful.
Have a profitable trading week.
What's in my shopping list today !Here's a list of stocks, ETFs, commodities, currencies that I have went long recently :
Stocks :
Wilmar
Meituan
Geely
Beijing Airport
ZA Online
Baozun
NIO
Tencent
Yeahka
Lemonade
Amazon
Moderna
Tesla
Xiaomi
Stone Co
Baidu
Commodities :
Platinum
Gold
USOIL
Currencies :
EURUSD
NZDUSD
GBPJPY
Indices :
Nikkei 225
HSI
SPX500 (see chart)
Please note that this is not a recommendation to follow my trades as I would prefer readers to take time to understand their own trading/investment temperament, objectives , capital allocation, risk tolerance, etc before punching in the orders. Placing orders is a couple of minutes affair but what happened thereafter is crucial.
For example, you can see that for GBPJPY and NZDUSD, I have longed both pairs for quite a while, adding only occasionally though there were many opportunities to do so coz I need to allocate capital to other instruments that I am vested in. Again, how much to allocate in one product, I leave it to you to do your own research. Putting a % would be meaningless in this instance.
From this sample above, you can see that I am quite diversified in terms of sectors, countries, products,etc. So yes, you can say I am greedy in some sense, haha but in a good way, I assume.
Also, I am not able to filter find my commodities like copper , wheat, soy bean, etc in the search box as it comes up empty but if you go through the pages you would find them and I have also added some of those as well.
Once more, I apologised to those who are new to my trade posts and have enquired about certain stocks but I have yet to provide you the answers.
Have a great Friday , everyone and may abundance, peace and prosperity with all of you !!!!
HSI UpdateWow, China and Japan went on a full out tank with another 2% drop tonight, didn't see that coming.
I though Asia was gonna go up tonight, but at least this explains the afternoon drop in the US market. They dumped US futures on high volume before they tanked their own market.
Oversold again, but I think tehy turned their algos off.
HSI1! 2021 Mar 22 Week
HKEX:HSI1!
HSI1! 2021 Mar 22 Week
Red/Green zone = preferred entry
H4 = price rotation
Daily / Weekly = bearish
Levels unchanged. Ultra high buy volume came 1, but are these to distribute?
Bar 2 sell doesn't yield result compared to previous down bars.
So either we continue to see price rotation or there may be long opportunity.
Remember to Like and Follow if you find this useful.
Have a profitable trading week ahead.
history doesn't repeat itself but it rhymesRight now it comes to half of March and the roller coaster has been running all the way down to around 28500-29500, with big shake from session to session.
Have got a feeling that market will be set to kill the volatility bulls for the coming couple of days, before it decides which way to go (downward then most likely).
From day chart, interesting analogised pattern was spot.
HSI1! 2021 Mar 15 Week
HSI1! 2021 Mar 15 Week
Red/Green zone = preferred entry
W = Bullish / D = bearish
Last week' range bound within Bar1 1's low and Bar2's high provided some nice rotation play.
Bar 3's upthrust was perfect for short.
Not much has changed in the levels. Likely still rotation play or just maybe, we will see a
breakout to the down side?
Remember to Like and Follow if you find this useful.
Have a profitable trading week ahead.
HSI OverlayI threw together this overlay a few days ago and didn't believe it because I figured Asia was gonna pump but it looks like they're gonna whipsaw sideways for a while.
Oddly this indicates either a Monday or Tuesday pump, lol.
They appear to have lost interest in tech again, NQ is the only index red (by a little)
Hang Seng Index - Supply & Demand AnalysisRecently Hang Seng Index reversed on a strong monthly Supply Zone finishing it's external bullish cycle
The price decided make an external bearish cycle.. now it's advised to SELL at long term basis.
Next destinations:
A) DEMAND (26908.14 - 26021.63)
Here price need to decide: if reverse in order to back to SUPPLY (32004.32 - 31126.20) OR BREAKOUT , retest and go to next DEMAND (23622.97 - 23204.17)
B) DEMAND (23622.97 - 23204.17)
Final external bearish cycle destination
Enjoy the Profits!
HSI1! 2021 Mar 08 Week
HSI1! 2021 Mar 08 Week
Red/Green zone = preferred entry
Grey zone = price rotation, entry opportunities on breakout of zone
M / W/ D = bearish
Demand was present at bar 1, however no evidence of change in trend since
market is still making lower highs.
Will prefer to keep on the short side.
Remember to Like and Follow if you find this useful.
Have a profitable trading week ahead.