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Cn50

Selling CN50 into rallies.CHN50 - 21h expiry - We look to Sell at 12765 (stop at 13010) Buying pressure from 12189 resulted in prices rejecting the dip. The current move higher is expected to continue. Trading within a Bullish Channel formation. Our expectation now is for this swing higher to continue towards the top of the trend channel, to complete a correction before sellers return. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Our profit targets will be 12065 and 11120 Resistance: 12660 / 13140 / 13610 Support: 12075 / 11120 / 10490 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:CN50USDShort
by OANDA
Selling CN50 previous support.CHN50 - 21h expiry - We look to Sell at 12340 (stop at 12570) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit targets will be 11685 and 11485 Resistance: 12270 / 12950 / 13370 Support: 11485 / 11000 / 10490 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:CN50USDShort
by OANDA
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.
OANDA:CN50USD
by trade_aid_learn
CHINA 50! ROCK OR BUST?The China 50 took off like a rocket, leaving behind the DJI and other country indices. This is the CN50's biggest rally in a year. State media agencies talked up the index promising a post-coronavirus boom. Then the China Securities Journal made similar promises. This caused an almost 6% charge north in one day! However, there did not appear to be significant underlying volume - which is a bit worrying. But volume isn't everything. I show two points on the chart that I think may be comparable. In technical terms the two recent weekly candles are the biggest since 2013. The momentum seen on lower time frames is ridiculous. In these situations a minor correction is expected (not predicted), followed by follow through. If you have enough 'bottle' and money to burn go for it, on a lower time frame. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
OANDA:CN50USDLong
by Captain_Walker
3
Time to go all in for China A shares ?Read positive news here and here I am of the opinion dips are for further accumulation as I am bullish on China story for the long term. But I won't recommend going all in or show hands with China A shares. There are still many unknown factors in the market , Q2 GDP data, unemployment in China, business activities , US-China trade war, Huawei saga, investigation of China on independent Covid-19 virus spread, etc. So, do diversify your risks , calculate your position sizing, always have a Stop Loss and manage your positions, not taking for granted things will go the way you want. Have contingencies. Of course, the longer your time frame of holding , the less concerned you are with the daily volatility.
CLong
by dchua1969
What happened when more money is injected into markets ?Take a look at this 3 line charts - SHCOMP, CN50 and HSI respectively. When 1.2 trillion yuan were injected into the markets, the 3 indices did a V shaped recovery almost instantly! Currently, SHCOMP is in the lead, followed closely by CN50 and HSI with a fairly strong pullback. The whole world is now watching how China central government will react on its monetary policies as being the world's 2nd largest economy, its action or inaction will have a severe impact on the global economy. The Chinese are the world's largest spenders when they travel and many hotels, restaurants, theme parks even properties are suffering (with some bemoaning they can only withstand for 3 months before they closed shops). This black swan event caught many by surprise and its pervasive and seemingly difficult to control has kept many world's leaders sleepless night. If you are like me ,a long term investor of China and buy into the China story of it overtaking US in time to come, already with its technologies, this drop is a good opportunity to buy the indices or individual companies at a cheaper price. We have yet to really see the impact of how these markets will be until the Q1 2020 GDP results are released. Many analysts are hoping this epidemic be contained and number of cases begin to reduce so that business can return to normal. There are many lessons that we can learn from this event 1. How integrated and connected the global world has become and the importance of collaborating with one another to fight a common battle 2. Business Continuity Plan - When this event is over, I think more meetings will be held in boardroom to discuss how to prevent a disaster like this again. Eg. when business are overly concentrated in China, with 60-70% revenue generating from it will suffer drastically. Other examples include the businesses that depend on China tourism - Cambodia casino , overseas hotels, restaurants, luxury properties, etc 3. Emerging opportunities - How the tech giants like Baidu, Alibaba, Tencent and others are leveraging on AI to help combat some of the challenges they faced in this crisis. Will this technology become an emerging trend that can be scale up in the future ? Next, working from home - a yet to catch on concept in Asia, especially China - will it be the catalyst for change in the traditional 9 to 5 working environment ? If the government support this policy, then employees need to purchase properties that is near to subway or close proximity to their offices thus reducing on hefty mortgage loan. Working from home also introduce a whole set of new changes such as video conferencing, screen sharing, encryption of files sharing,etc. We can take a leaf from the European countries and adopt this work from home culture. In short, as trader and investor, we must remain stay open to opportunities and not miss the woods by focusing too much on the trees within.
TVC:HSI
by dchua1969
CN50 longterm trendline resisting strongly on Coronavirus fearChinese indexes, Hang Seng Index ( TVC:HSI ) and Strait Times Index ( TVC:STI ) have been tumbling today on fear of Coronavirus spreading to other parts of China and more countries. We are reminded of SARS in 2003. The Wuhan flu virus belongs to the same family of coronaviruses that causes SARS, which killed nearly 800 people globally during a 2002-2003 outbreak that also started in China. Technicals in CN50 do not look good initially already. With possibility of coronavirus outspread, this might add to more bearish bias.
OANDA:CN50USDShort
by appy
US China trade war is not over. Bitcoin will pay the price.Bitcoin does not act in isolation from the world economies, fact. There are times that Bitcoin movement is inconsistent with world markets but in general, a bull market in world economies contributes to a bull market in the crypto-currency space. This is especially true for the Chinese economy who were responsible for >80% of Bitcoins trade volume prior to its ban in December 2017. Please note this aligns with the start of Bitcoins economic collapse. Likewise, the Bitcoin market recovery starting Jan 2018 is aligned with the Trump Xi trade war truce that saw the S&P500 and China A50 markets surge. I believe these two world markets are due a correction and that this will contribute to the Bitcoin bear market. Please refer to a previously proposed short on United States S&P500 and China A50. The-Trade-War-Is-Not-Over: These analyses serve as a supplement to: -Logged-recovery-pattern-5500-before-year-end/ Please follow or give us a like.
BITSTAMP:BTCUSDShort
by warrenhochfeld