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HANG SENG INDEX

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HSI trade ideas

Hong Kong Stock Index (The Late Sellers are trapped now)View On Hong Kong Stock Index (16 MAY 2020) It has hit our expected TP level yesterday. If a trader rushed into HSI shorted over the bad situation gets trapped now. This is how the market works. I will be waiting for another entry, possibly short at a higher level. Possibly near 24,250 regions. Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:HK33HKD
by SonicDeejay
WOW, 4% profits on 1 single short and repeat that 5x!!!A trader friend of mine was feeling on cloud nine and sharing with me his winning trades of late. He told me he has been focusing on one single tasks, selling and buying HSI mainly for the last 2 months. Each short (indicated in blue) earns him an average of 4%. If you look at the chart, you would notice the price action did not goes down to revisit the support line but halfway through, it rebounded (around 23,500). That means, you need to be nimble in such trades with high volatility, especially HSI contracts. Warning - NOT FOR THE FAINT HEARTED. He further shared that the secret is to stay consistent throughout in the position sizes. That means, for the first contract, say he short 1 contract , he will stick to it for position 2 to 5 as well. If you see position 3-5, had he double or triple his position size, he would make a lot more money (on hindsight).Read article here . Discipline is key as he educate me on the importance of keeping it sane and following a system. It could be the other way round as well. By controlling his greed and fear, he has make consistent profits out of this 2 months sideway move in Hang Seng Index. Very impressive , I must say! Such precise market timing entry requires skills and I would definitely not encourage the newbies to try it. They will likely burn their portfolio faster than they can blink their eyes. So you see there are hundreds of strategies that a trader can use. Some excel in only forex, others in commodities and some like me dabbling in a bit of everything. Along the way, you will discover what suits you better in terms of your lifestyle, time to trade, product familiarity, knowledge, etc. This takes time so take your time on the trading playground, you don't have to stick to one. There are more than enough stations for all to play.
TVC:HSI
by dchua1969
3
HK33HKD Shorting opportunity is here Impulse intra-wave 3 (should be fast and furious??) Prepare for the 3rd intra-wave down (of the bigger TF's 5th wave). As expected, market has retraced (upwards) to our earlier analysis to Fib50 levels and missed FIB61.8 by some (for now). Price gapped up in the opening of the Asian session and rose past FIB50 and has not exactly tested FIB61.8 yet. Let's monitor through the Other sessions to see if it does. Hope some people took up the 'dare to LONG' from the previous analysis (can be found in link below) and made some profit. Currently in a 1/2 (of my total risk amount/percentage) Short position at FIB50 and would be risking another 1/2 Short position at FIB61.8 (if it happens). No change in TP1 levels which is near March 2020 lows and resistances where it'll be in confluence with FIB161.8 ext. I'll be exiting some at the Blue line drawn in the chart at about 21400 level 1st. *It is important to pay attention to market changes (fundamentals) as the days go by and manage your trades. We know that at times, the 5th (main) wave may fail (ie may not move past the highest/lowest level that wave 3 had created). **Please refer to chart and link for the different levels (of prices) mentioned in the analysis. Thank you.
OANDA:HK33HKDShort
by Hungrypippo
Hang Seng Index price chart analysisHang Seng Index closed Friday's session at 22961.47 -171.29 down 0.74%. The Index is still to recover from a steep drop in mid-May from 24200.00 due to the Hong kong crisis reaching lows of 22540.00 on the 25th of May. The Index close Friday's session around a critical price point at 22950.00, This is a crucial price point to watch in today's session, Prices could either break and hold to the upside or fall below and head down to 22750.00 and 22540.00
HSI:HSI
by Rotuma