CHINA50 trade ideas
PMax Explorer Strategy - INDICES & METALS BacktestingThe pair and the time frame you see is the winner in the INDICES & METALS category with profit factor criteria
From 4032 results we have for this strategy :
* 1451 results with Profit Factor > 1
* 270 results with Profit Factor>1 and Sharpe Ratio>0
* 19 results with Profit Factor>1 and Sharpe Ratio>0 and Percent Profitable>50
* Best timeframe : 1m with 18 and 8m with 17 pairs
* Best pair for all categories : OANDA:BTCUSD with 28 / BINANCE:BTCUSDT with 27 timeframes
* My rating for this strategy is : 0.4712%
Check my posts for all instrument categories
1st (FOREX), 2nd(CRYPTOs) and 3rd(INDICES/METALS)
I will split each strategy backtesting in this manner
I'm talking for strategy :
PMax Explorer STRATEGY & SCREENER (by KivancOzbilgic) Oct 10, 2020
I test 29 Forex pairs from FXCM, 51 Crypto Pairs from Binance and 46 CFDs Indices and Metals from OANDA
In total 126 pairs using 32 !!! timeframes
1,2,3,4,5,6,7,8,10,12,15,17,20,24,25,30,45 minutes
1,1-1/2,2,3,4,5,6,7,8,10,12,16,20 hours
1 and 2 Days
In total 4032 results per strategy
I like profit factor and Sharpe ratio as my main guides but also percent profitable does matter
The results of forex were with 1000 contracts, default currency USD and 0.07 USD per order commission
At Cryptos i use 1 contract, default currency USD and no commission because most cryptos are spread based.
At Indices i use the same details as Crypto.
I didn't touch any settings at the strategy for all three ideas (only the backtesting starting day where i maxed out the available data)
I can't post direct links according to house rules, since i love TradingView and i play with their rules.
However my profile links and my signature may help for extensive information.
Chinese Index Resistance RetestHi fellow Traders, soon there is coming the restest of the 5-year old Resistance.
This is a pretty obvious and easy Setup and im positive about bouncing bullish from there to mid/longterm target of channel Top.
This is more for Investor then Traders as is has a multi year horizon to sell.
Entry is 14700 - 15700
DYOR and have a nice Day.
15,000 is my line in the sand for the China A50After a tumultuous few days for the Chinese Stock Market (which I admit I do not trade, but I do follow) I now see us having a little dead cat bounce off the 15000 BRN. Will that hold? My initial impression is that yes it will, because I reckon the CCP will manipulate markets in any way possible in order to save face. So I would be keen to see how this plays out over the next week or two. Could be tasty!
A50 - China Contracting - Personal Consumption DecliningAs Kuh Kuh Cathy Woods finds God and re-discovers "Faith" in investing -
her flock discovers the very same religious experience.
Faith in Central Banks ability to backstop Markets is accelerating.
The phenomena is not limited to TECH, it is global and it has expanded
to every Capital Stock - Real Estate, Equities, Commodities and Bonds.
Crypto and the Metals Complex are the laggards.
This brand of unprecedented Mania has begun its Zenith Phase.
It is well beyond the irrational Mania of the DotCom Mania, well
beyond.
Buy buy, buy... Sellers and Intelligent observers are mocked for
their plaintiff wails of objection.
Clearly there is an immense danger to this, one which will eventually
present itself in the near future, until then the BBB Herd will expend
all the Capital Energy they can and then move to Leverage via
increased Margin.
Margin as a percentage of Capital Stock for Equity is frankly minimal
so there remains intense upside pressure for those who begin to
cheer their own successes believing higher prices are expected.
Caution for Sellers here as this can become far more distended.
We will see how the updated Levels for NQ ES YM trade, Friday
all Futures Indices hit their Extension Targets.
Earnings is dead ahead and INTC gave a clear warning, it was not
heeded as "Faith" itself and its followers pressed their luck.
We anticipate this to continue after the July 21st reversal
period was immediately snapped up 2X.
Dangerous times, Good Luck and Trade Safe.
CN50 - calling bottom hereJuly 9 - CN50 seems has reached the same price level the 3rd time for the past 3 months (strong support level). This 16550 level is also resistance level back in early July 2020.
CN50 reached high in Feb 18 and has since shown weakness whereas the US indices are the opposite. It retraced 50% on May 27 (42 days from Apr 15) and down for 43days until Jul 9.
It may be too early to call this a bottom ... time will tell as anything can happen.
But i do have a buy order in place at 16955 and Stop loss 16480.
EMA Slope+EMA Cross Strategy (by ChartArt) - INDICES BacktestingThis is the 3rd idea regarding the same strategy
Check my 1st (FOREX), 2nd(CRYPTOs) and 3rd(INDICES/METALS)-this one
I will split each strategy backtesting in this manner
I'm talking for strategy
EMA Slope + EMA Cross Strategy (by ChartArt) Mar 10, 2018
I test 29 Forex pairs from FXCM, 51 Crypto Pairs from Binance and 46 CFDs Indices and Metals from OANDA
In total 126 pairs using 32 !!! timeframes
1,2,3,4,5,6,7,8,10,12,15,17,20,24,25,30,45 minutes
1,1-1/2,2,3,4,5,6,7,8,10,12,16,20 hours
1 and 2 Days
In total 4032 results per strategy
I like profit factor and Sharpe ratio as my main guides but also percent profitable does matter
The results of forex were with 1000 contracts, default currency USD and 0.07 USD per order commission
At Cryptos i use 1 contract, default currency USD and no commission because most cryptos are spread based.
At Indices i use the same details as Crypto.
I didn't touch any settings at the strategy for all three ideas
The pair and the time frame you see is the winner in the INDICES/METALS category with profit factor criteria
I can't post direct links according to house rules, since i love TradingView and i play with their rules but if you search a bit you will find more info
Expecting Pullback towards 12,800Over the weekend, China PBOC announced
"More Powerful"policies to help spur growth in China. However, despite the positive news, China A50 turned lower.
Currently, the index is trading at a key resistance level. Confluence of Downtrend line resistance and HVN area.
Thus, we expect price to retest 12,800 which is also Fibo 38.2% level.
13,700 will remains as our pivot. If index breaks above this key level, we will see the index retesting it previous high at 14,700
Analysis of the Chinese CN50 index.I spent a lot of time searching for information regarding the sudden drops and increases in the CN50 index price.
From the information obtained on many pages, I analyzed and described everything in the graph.
I checked every page I visited to avoid taking into account the fake news that was being disseminated. I wonder if it really happened.
Enjoy reading.