HSI went oversold last night, weird rangebound trading. Probably gets a bounce Monday/Tuesday which means a gap up. Flipped my XPEV puts shortly after open.
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.
HSI1! 2021 Apr 19 Week (Intraday) Noticed that price weren't able to make its way past the midpoint of the channel. Is the market weakening? The support and resistance zone remains. No change to trade levels. 1) Use the range of previous ultra high volume bar as a guide for a immediate support/resistance. Clue: Ultra high volume, wide spread down bar is a...
Shortsell Hangsang @ 28800 Stoploss @ 29300 Target @ 26300 RR 1:5
HSI1! 2021 Apr 12 Week (Intraday) Bar 2 came down to test supply of Bar 1, and closed off its low. Price may come back down to test for supply again before moving up. Will wait for a reversal pattern, preferably at the supply line of the channel, to long. Or green/red zones cab be entry zones as well.
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...
Hong Kong went overbought and immediately started selling off after their lunch break. Japan and Australia down big, Asia off to a bearish start this week.
HSI1! 2021 Mar 29 Week Daily / H4 = bearish H1 = bullish Price came down to support last week Cognizant of the downtrend, prefer to short on test of high. Like and follow if you find this useful. Have a profitable trading week.
My first recommendation concern this market was successful so yes sell this market again
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
Wow, 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.
Expecting 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...
I well studied about the futures market and this is my first recommendation concerns this market, I hope tp sl points are clear.
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...
Right 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...
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...
strategy( "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,...