HANG SENG INDEX FUTURESMy first recommendation concern this market was successful so yes sell this market again Shortby azedinraissPublished 0
Every stock is down Currently every stock on the Hang Seng is down and things aren't really looking like it getting better. Wonder how this will translate to the other asian equity markets and global as well. This is in a nice downward channel and wonder if it will break the bottom trend line to move further down. Thats all folks by moonman777Published 4
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.by hungry_hippoUpdated 6
HSI : Expecting a slight pullback before next accelerationExpecting some braking at around 27430 to 27200 level. Prior to that, a slight pullback to ellipse area before gushing down to 27430 to 27200. Let's see what happens in that price region (consolidation /accumulation?) then zoom another leg to 26940 region as a false break? Let's monitor...Shortby HungrypippoPublished 0
HANG SENG INDEX FUTURESI well studied about the futures market and this is my first recommendation concerns this market, I hope tp sl points are clear.Shortby azedinraissPublished 2
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.by paradox677Published 0
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.by ffazUpdated 887
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. by paradox677Published 0
Testing for scriptingstrategy( "EMA Cross Strategy", overlay=true, calc_on_every_tick=true, currency=currency.USD ) // INPUT: // Options to enter fast and slow Exponential Moving Average (EMA) values emaFast = input(title="Fast EMA", type=input.integer, defval=10, minval=1, maxval=9999) emaSlow = input(title="Slow EMA", type=input.integer, defval=50, minval=1, maxval=9999) // Option to select trade directions tradeDirection = input(title="Trade Direction", options= , defval="Both") // Options that configure the backtest date range startDate = input(title="Start Date", type=input.time, defval=timestamp("01 Jan 1970 00:00")) endDate = input(title="End Date", type=input.time, defval=timestamp("31 Dec 2170 23:59")) // CALCULATIONS: // Use the built-in function to calculate two EMA lines fastEMA = ema(close, emaFast) slowEMA = ema(close, emaSlow) // PLOT: // Draw the EMA lines on the chart plot(series=fastEMA, color=color.orange, linewidth=2) plot(series=slowEMA, color=color.blue, linewidth=2) // CONDITIONS: // Check if the close time of the current bar falls inside the date range inDateRange = (time >= startDate) and (time < endDate) // Translate input into trading conditions longOK = (tradeDirection == "Long") or (tradeDirection == "Both") shortOK = (tradeDirection == "Short") or (tradeDirection == "Both") // Decide if we should go long or short using the built-in functions longCondition = crossover(fastEMA, slowEMA) shortCondition = crossunder(fastEMA, slowEMA) // ORDERS: // Submit entry (or reverse) orders if (longCondition and inDateRange) strategy.entry(id="long", long=true, when = longOK) if (shortCondition and inDateRange) strategy.entry(id="short", long=false, when = shortOK) // Submit exit orders in the cases where we trade only long or only short if (strategy.position_size > 0 and shortCondition) strategy.exit(id="exit long", stop=close) if (strategy.position_size < 0 and longCondition) strategy.exit(id="exit short", stop=close)by hkmultichartsPublished 0
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)by hungry_hippoPublished 2
HSI Long entry setup could be approachingEntry, exit and R:R shown in chart. Hopefully will get triggered in. 2 trades will be taken and then managed accordingly. Good luck! Longby HungrypippoPublished 111
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. by paradox677Published 1
Hang Seng UpdateThese Chinese people are funny, they're alternating red and green days, lol. Trying hard to go green today so the pattern stays consistent.by hungry_hippoPublished 112
HSI1! 2021 Mar 01 Week HSI1! 2021 Mar 01 Week Red/Green zone = preferred entry What a mighty down move from 22 Feb's alert on selling. On daily chart we see some buying, however note the low volume on buy, so let's watch on 01 Mar to see if more buy volume will come in to support. Otherwise we can see 28078-28168 as test of previous support Previous peak demand zone was at 26414. Have a profitable trading week ahead. HKEX:HSI1!by paradox677Published 111
Exhaustion Gap ConfirmedSell off finally came after a post-gap mark-up of approx. 600 pts to 31116, the third trading day after the exhaustion gap.by ffazUpdated 995
HSI1! 2021 Feb 22 Week HSI1! 2021 Feb 22 Week Red/Green zone = preferred entry Selling has come in at A. Would prefer to short if the highs are tested on lower volume, Target can 30% / 50% / bottom of channel. Have a good trading week ahead! by paradox677Published 0
HSI overboughtChina has been pumptarded lately, waaay overbought. Expecting China to go down and EUrope to go up. More whipsaw, staying out for the day since I made money on open.by hungry_hippoUpdated 111
Start of another mark up or Fake out?After the re-accumulation at 26500-26000 in December, HSI rallied all the way to 30k before climaxing. Volume was very low throughout and the move appeared rather laboured which was unlike the markups/downs i have witnessed before in HSI . We again saw good amount of buying in couple of weeks before the holidays. Price has now broken out of the top of re-accumulation range at 29500 and is poised to break above the swing top at 30336, possibly Tomorrow. If it is the start of another mark up then next stop might be around 31500-32000. I was wrong about a fake out the last time it break out of the range at 26500 and i can be wrong again but i have a strong feeling that a big selloff to at least 27500, possibly 25500 is coming before a multi month rally to new ATH . I will be looking for sell signals at 30350-550.Shortby Dec0derUpdated 27277
HSI1! 2021 FEB 15 Week HKEX:HSI1! HSI1! 2021 FEB 15 Week Weekly, Daily, Current TF = Shortening of thrust Last bar price advanced on weaker volume. If story were to repeat itself, per price action at resistance 1) short if next bar close below high of bar A 2) breaks current resistance, rejected and comes back into resistance, preferably below high of bar A 3) Immediate resistance comes into play and market comes down. If long, possible scenarios 1) long on dip, volume declines as price comes down, volume on advancing bars should be strong 2) immediate push up on reasonably strong volume with high of bar A acting as the immediate support. 3) if push up is on ultra high volume, wait for test and enter. Remember to Like and Follow if you find this useful. Have a safe and profitable trading week. GONG HEI FATT CHOI!by paradox677Published 0
Hand Seng Index Projection for 2021Just want to log a model projection for the Hang Seng Index (HSI)... To the green ellipse and then to the red. HSI is very bullish, and would continue to be so, apparently in a multi-year fashion. Deep retracements provide opportunities, but we need to draw the lines and know when to take action. Meanwhile, just enjoy the ride... Asia it is, and Honk Kong may just be it!by AuguraltraderPublished 110
HSI OverboughtHSI overbought on a triple top. Could break out and get pumptarded anyways...by hungry_hippoPublished 1
HSI1! 2021 Feb 08 Week HKEX:HSI1! HSI1! 2021 FEB 08 WEEK 29273 if supported will indicate higher prices. Friday showed that there's supply present still as indicated by bar A closing off its high and subsequent bars closing very near to each other. Let's see if price can break out or more time is needed for the buildup Remember to Like and Follow if you find this useful. Have a safe and profitable trading week.by paradox677Published 0