HSI1! trade ideas
HSI1! 2022 MAR 07 Week
HSI1! 2022 MAR 07 Week
Lat week market broke 22389 support and headeed
to 2000's high volume region. Should 21000
support be broken, it may see 18000 region
Weekly: Ave vol down bar closing at low = weakness
Daily: Ave vol down bar closing at low = weakness
H4: Average vol down bar closing off low =
some demand
Entry will be based off the price reaction to levels
Short on Test and Reject) | Long on Test and Accept
Have a sane trading week for Hang Seng : )
HSI1! 2022 FEB 28 Week
HSI1! 2022 FEB 28 Week
Short preference last week proved very fruitful.
The spring over the last daily bar shows rejection
of lower prices and demand overcoming supply (D/S).
Scenarios:
1) Long on dip opportunity in the 22389-23000 region
as temporary strength returns
2) Should Support 22389 fail, short opportunity on test
of break down area to next demand region
Weekly: High volume down bar closing off low = strength
Daily: Average volume down bar closing at high = strength
H4: Average volume shakeout bar closing at high = strength
Entry will be based off the price reaction to these levels
Short on Test and Reject) | Long on Test and Accept
Have a sane trading week for Hang Seng : )
HSI1! 2022 FEB 21 Week
HSI1! 2022 FEB 21 Week
Again at 24140 support
if this is a formation of a new zone 25244 - 23304, would
exoect market to test 23304
As such preference will be to short on retracement, and
also at the failure of 24140 support.
Weekly: Average volume down bar closing at low
(also appearing like reversal bars) = weakness
Daily: Average volume down bar closing on low = weakness
H4: No result from bullish volume = weakness
Entry will be based off the price reaction to these levels
Short on Test and Reject) | Long on Test and Accept
Have a sane trading week for Hang Seng : )
HSI1! 2022 FEB 14 Week
HSI1! 2022 FEB 14 Week
Market tested again previous supply area.
- No higher high was made
- No commitment as market nears recent high.
Temporary weakness expected for long opportunity
on retracement.
Weekly: Average volume up bar closing off high = weakness
Daily: Average volume down bar closing on low = weakness
H4: Temporary weakness
Entry will be based off the price reaction to these levels
Short on Test and Reject) | Long on Test and Accept
Have a sane trading week for Hang Seng : )
HSI Futures Bear Trend Likely to ContinueA look at the HSI1 futures index and charting the probabilities for the continued downturn in value.
HSI1! 2022 FEB 07 Week
HSI1! 2022 FEB 07 Week
Temporary weakness expected as market is resisted at 24600.
Preference is to long on retracement.
Weekly: Very Low Volume up bar closing near high = weakness
Daily: Very low volume up bar closing near high = weakness
H4: Temporary weakness
Entry will be based off the price reaction to these levels
Short on Test and Reject) | Long on Test and Accept
Have a sane trading week for Hang Seng : )
Hang Seng Index: Short Term LongAs shown in the diagram, I expect a C wave that will hit the downward sloping trendline.
HSI almost oversoldLooks to me like it needs one more day then reverses.
Might be worth going long since China gets pumptarded really quickly. Watch it tonight. We know they're still running their algos.
HSI Hang Seng buy idea daily RvR in chart along with some notes
Price has broken out of the down trending pitchfork, put in a higher low and then held the outside of the fork that it has been respecting for a year - looking for buys on this on the daily chart
HSI1! 2022 JAN 24 Week
HSI1! 2022 JAN 24 Week
Last week scenario2 played out as price pull back
below 24391 to test supply before uptrend continuation.
Market may return to test breakout area
Long on pullback preferred.
Weekly: Average volume Up bar closing off high = Weakness
Daily: Average volume Upthrust bar = weakness.
H4: Price came down on reduced volume = No supply
Entry will be based off the price reaction to these levels
Short on Test and Reject) | Long on Test and Accept
Have a sane trading week for Hang Seng : )
HSI UpdateHSI filled teh gap as expected. I didn't go long because I was waiting until MFI got oversold and it didn't get there. China cut interest rates, so I'm not shorting either.
No further updates unless there's a play to be made
HSI1! 2022 JAN 17 Week
HSI1! 2022 JAN 17 Week
Last week scenario 1 played out - HS exited trend line,
breakout was tested and now price is at a previous
supply zone. (24391 and HTF brown dashed trend line)
Possible scenarios are mapped out
1) Break of 24391 and resistance becomes support
2) Pullback below 24391 to test for supply before
continuing on the uptrend
3) Do note the possibility of a formation of a larger
rotation area 24391 - 22663,of which testing of the
bottom of the range will not be a surprise.
Daily: Average volume down bar closing off low =
demand is present. Next bar should close higher
in order for strength to continue.
H4: Weak closes may see price heading lower
temporarily, leading to scenario2.
Entry will be based off the price reaction to these levels
Short on Test and Reject) | Long on Test and Accept
Have a sane trading week for Hang Seng : )
HSI UpdateCame off of overbought conditions, but I think it's melting up. It's too close to this open gap to not fill it. Plus Asia always goes up on Fridays.
Wish i had held my PDD puts though.... bought i bought SNAP puts with that money so I'm OK, lol.
Do not recommend shorting until lat enext week, maybe next Wed.
Profitable trading strategy analysis...both wins and some lossesI am a big believer in price action trading and waiting to 'SEE THE TRADE' before executing. In the video I will show you my profitable trading methodology for intraday Index trading all based around price action and momentum using different timeframes. I cover the previous three sessions on the Hang Seng and the trades I took along with the price action. The video will show both the wins and losses to try to explain as clearly as possible the price action and reasoning for the executions for a professional trader.
Hope you enjoy the video!!
Why I keep looking at HSINot sure why I'm responding to a troll, but here's the reason why I track HSI....
The orange line is PDD. I don't trade HSI futures, PDD options have better return. BABA chart is similar.
HSI1! 2022 JAN 10 Week
HSI1! 2022 JAN 10 Week
If breakout of 23695 and is supported, this may signify change in trend.
Possibility of demand returning as price has been peeling away from the
lower trend line (black).
Fresh trend line (brown) scenarios will be
1) bounce from trend line and breaking upward and supported by 23695
could lead to change in trend.
2) Oversold and market re-enters the asymmetrical price boundary
between the brown and black trend line.
Daily: Downtrend. Approached trend channel on low volume
and closing off high = weakness
H4: Up bar closing off high on low volume = weakness.
Entry will be based off the price reaction to these levels
Short on Test and Reject) | Long on Test and Accept
Have a sane trading week for Hang Seng : )
HSI almost overboughtSomething to watch out for next week.
BABA reversed but might have one more day before it reverses. With the US market now pumping towards close, I'd be more tempted to short China than US if you;re bearish.
I was telling a follower, China is the contrarian index, lol. Made decent money shorting Chinese ADR the past few months.
HSI1! 2022 JAN 03 WeekHSI1! 2022 JAN 03 Week
Trade remains guided by trendline.
If breakout of 23695 and is supported, this may signify
change in trend.
Daily: Downtrend. Price bar closed off high = supply is
present.
H4: Ranging between 22964 - 26395. Last bar Upthrust
bar shows supply is present. Price may test 23160 - 22964
in the short term.
Entry will be based off the price reaction to these levels
Short on Test and Reject) | Long on Test and Accept
Have a sane trading week for Hang Seng : )
HSI1! 2021 Dec 20 Week
HSI1! 2021 Dec 20 Week
Trade remains guided by trendline.
Short preference still in place to short on
test of previous higher levels or at top of
channel line at lower TF
Weekly: Downtrend still. Weakness remains
Daily: Downtrend, current market has no desire for higher price.
Entry will be based off the price reaction to these levels
Short on Test and Reject) | Long on Test and Accept
Have a sane trading week for Hang Seng : )
It is time to get Long...On Hengseng.After long depression phase on HengSeng, there is consolidation phase and it will be uptrend soon......
Investment time duration......1 to 2 months....
RUNNING FLAT PATTERN IN HSIThe last pull back wave ''c'' will bring HSI FUTURES to 24425 levels this week (10/12/21)
This will be the clue for creating shorts,because next downside target is at 19334
