Waiting for 3.98 price level where we can see a support in Oct 2020. It could also falls further to the Sept low of 3.44 to 3.74 level. No hurry, since bank stocks are not likely going to shoot up like the cryptocurrency. The dividends are good and the fact that it is State owned means the Central Banks will not see to it going belly up. So, the last point is...
JPY (light blue) vs CAD (blue) x yield formula vs spy ...Yields rule everything around me. #GotPivot?
The Hang Seng Index has been going through a constant change of ups and downs. Going into November, we are expecting the index to drop down to ideally 13 715 points and make its way up again. As long as it stays within the green area between 14 451 and 13 119 points, chances are high of the HSI going up to 18 772 by the end of this fall.
ladies and gentlemen , i recommend you to take this position comfortably
#marketprofile #volumeprofile #orderflow #chartanalysis #chartporn HKEX:700 ***** I use this platform as a way to organize my thoughts and plan for my personal trading for the sessions to come. Do not misconstrue this newsletter as actionable trading advice. I am simply sharing my thoughts as a market operator through this newsletter, which helps me get my head...
1st buying point when there is a rebound @$33 (Fib 0.618) 1st contraction 30% 2nd contraction 19% 3rd contraction ??% And assume there is a 3rd contraction with 8% - 10%, we must see a rebound near $33 !!!!!!!!!!!!!!!!!!Not buy when breakout as the break out in bear market usually failed!!!!!!!!!!!!!!
#marketprofile #volumeprofile #orderflow #chartanalysis #chartporn ***** I use this platform as a way to organize my thoughts and plan for my personal trading for the sessions to come. Do not misconstrue this newsletter as actionable trading advice. I am simply sharing my thoughts as a market operator through this newsletter, which helps me get my head straight...
Oversold on monthly RSI but it's also in no man's land as far as support. For some reason, I think this can go down even more, maybe until MFI gets oversold? Probably hits bottom when they invade Taiwan. They're just waiting for Russia to escalate knowing the US can't fight 2 wars.
Hang Seng China Enterprises Index was already trading on a downtrend due to the real estate problems and COVID lockdowns that were plaguing the country, but the reelection of President Xi and the concerns that more emphasis will be put on political ideology rather than economic growth led to investors selling off their assets, not willing to deal with the...
In case you're wondering why everything is red, China tanked last night Oversold on every time frame, 3 hr, daily, and weekly but I ain;t touching this one.
Just dropped some thots. Enjoy! HKEX:HSI1! #marketprofile #volumeprofile #orderflow #chartanalysis #chartporn ***** I use this platform as a way to organize my thoughts and plan for my personal trading for the sessions to come. Do not misconstrue this newsletter as actionable trading advice. I am simply sharing my thoughts as a market operator through this...
It's the ability to believe in the unpredictability of the game at the micro-level and simultaneously believe in the predictability of the game at the macro level that makes the casino and the professional gambler effective and successful at what they do.
HKEX:HSI1! Monthly recap & outlook: Sellers/ bears literally are in control. Here are my three prediction paths. #marketprofile #volumeprofile #orderflow #chartanalysis #chartporn ***** I use this platform as a way to organize my thoughts and plan for my personal trading for the sessions to come. Do not misconstrue this newsletter as actionable trading advice....
I will wait for a few more days , assess the bullish candles before adding more....
HKEX:HSI1! Happy trading! #marketprofile #volumeprofile #orderflow #chartanalysis #chartporn ***** I use this platform as a way to organize my thoughts and plan for my personal trading for the sessions to come. Do not misconstrue this newsletter as actionable trading advice. I am simply sharing my thoughts as a market operator through this newsletter, which...
My boldest predition: Are we going to break this balance area? If yes, based on "balance rules", we may see new low of year 16,000~ish within 1 to 2months Please feel free to comment!
Price action and chart pattern trading: a possible rebound scenario > Elliott Wave projection - falling zigzag ABC correction wave channel now at C-wave 0.786 extension of A-wave at the key level support. > Downtrend target reversal position of the major top HEAD & SHOULDERS with double bullish divergence signal > Target rebound > SMMA 50 key upper resistance POC
Volume for buy is not back yet. Hence gonna wait out for a buy at lower zones