HK33 Buys @ 1858Buying at demand. HK33 has pulled back on the higher timeframes, looking for some demand to come into the market in London session.Longby BarbushCapital0
China Recovery Narrative (May 10)Fundamentals & Sentiment China: - General recovery narrative backed by improving data (PMIs) for the last couple of months - Latest bigger than the previous Balance of Trade USD: - Bearish sentiment Technical & Other Setup: TC(B) Setup timeframe: 4h Trigger: 4h Medium-term: Uptrend Long-term: Uptrend Min target: 20000 Risk: 1.2% Entry: Buy stop Longby Cherry94Updated 1
Buying HK33HKD Oanda On An Up TrendRising demand for HK33HKD over several days on the Daily Time Frame based on the 6EMA. I bought HK33HKD on both my FTMO 10K Challenge Phase One and on my Oanda Main Account. Discount offered by seller at 6EMA on 4H Time Frame. Initial SL set is wide, because I want to give myself more time if I am losing, to decide if I want to exit for a small loss or win instead of having it as a full blown 1R loss. By setting my SL wide initially, my risk per pip becomes significantly smaller. Besides, I am risking about 10% per trade(based on my previous account size). If all is well, I will start trading 50$ SGD per trade next month. All is well = My account size reach 1k SGD(currently sitting on 906$ SGD) and that it is a new month. 0950SGT 20052024 Feeling groggy. Add : Now, instead of analysing the Daily Time Frame, first. I analysis the entry time frame first. Why? Because over the years I realised that i missed out on alot of opportunities that are better than the ones I am waiting for, because I analyse my watch list selections on the Daily Time Frame first. By doing a top down analysis, I miss out on strong trends that are not visible on the Daily Time Frame, because price could be in a range on the Daily, but it has yet to reach the Daily's Major S&R levels. And so, the trend on the entry time frame is tradable, but I missed it because I have already eliminated it during my selection phase. TLDR So, I am doing a bottoms up analysis from now on because I am missing out on trending opportunities on the lower time frame that is not visible on the higher time frame. 0954SGT 20052024Longby ProfessionalDuckHunterUpdated 0
Relooking at HSI long term market trend35 years is a long time, twice of it makes a person already in their senior years. Most likely, in their 80-90s (if they still stick around) since most of us do not start investing at age 1. I was 18 years old had I invested in the stock market, especially HSI. Looking at the chart and the two recent fall out from the bullish trend (on hindsight) , I will still be up 948% had I hold so long , 35 years later ......... Of course, had I been exposed to the US market and equally started investing in 1987, my returns would be 1828% , near double of the HSI returns. WOW. WOW. WOW Let's not go into the individual stock pick where returns can be in the 5-6 figures like Apple (117056%), 3884% (Macdonald),500% (XAUUSD), 3047% (PG), etc So you see, investing is not rocket science and you need not spend endless nights analysing stocks and market leaders like some of these companies I mentioned cannot even beat the SPX index, with few exceptions. In short, I would still invest in both of these two indices, one with solid track record (SPX) and another sorely undervalued and with most negative news out of the way and China shoring up on stimulus programs to prop up the stock markets, it is a matter of time we start to see the index returning to its glorious days again. Ride the trend while it last........Longby dchua1969111
Shorted HK50Looking for HK50 to retrace down to 618 level, overbought in display Shortby sydinvestor0
Hong Kong shines in search of highsThe Asian indices got off to a strong start today. The Hang Seng Index (Ticker AT: HKIND) has broken out of the long-running downtrend channel in the direction of 9-month old price zones. Stocks returned to 15-month highs today as the Fed cut numbers may help or halt the market's evolution. Today we have as we said releases from the Vice Chairman and the President and CEO of the Cleveland (Ohio) Fed Philip N. Jefferson and the Loretta J. Mester. Beijing has reported a welcome cut in Chinese inflation, helping to undo concerns of prolonged deflation in the markets. The retail and industrial sales forecast put an end to that on Friday. The Chinese government has been able to sell 1 trillion yuan (128.045 billion euros) to maintain its domestic economic stimulus measures. Blue chips felt it the most with 0.1% growth. Even the Asia-Pacific market of the MSCI index grew by 0.1% unlike the Japanese Nikkei which fell by 0.3% due to the interest rate hike implemented by the Bank of Japan. Looking at the chart, the channel bounced off its January lows and has been building in a slightly bullish sideways movement. On April 18th the figure marked a strong move to the upside which coincides with the FED releases and the expectations that were held, turning the market upside down. Currently the market has touched the 19280 point zone and is looking to pierce the resistance zone indicated in green at 19437.89 points. If this zone is overcome, nothing will prevent the Chinese market to shine again at highs. Ion Jauregui - AT Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. Longby ActivTrades2
Surging of the first Uptrend ResistanceBased on the Daily chart, HSI has surged alot since end of April 2024, now we are going to check when is the next resistance, or further resistance. Based on Fib i drew, until today, it hit R1, which was the support during Aug 2023. Breaking R1, next resistance will be around 20240, this is a major resistance as it was the peak during Aug 2023, Jun 2023, May 2023. Seeing the RSI is 69.xx today, so expecting if reaching R2 will be exceeding 70, based on previous history, it will U turn and heading down. HSI is still uptrending, when it retraces, and able to perform 2nd uptrend, this is the time when the bull starts. So, just my 2 cents. Happy charting.Longby leonggw0
China Recovery BetFundamentals & Sentiment HK50: - China recovery, based on PMI and GDP QoQ - The latest China Trade Balance printed decently above the previous one (although below consensus) USD: Yesterday's cooling US labor market, based on Initial Jobless Claims increase Technical & Other *Chose HK50 instead of ChinaA50 because of smoother price action; eventually HK turned out to be stronger because of the dividend tax cuts for individuals who bought HK shares. China A50 seems to be more vulnerable to geopolitics, like China tariffs in the US. Technical & Other Setup: TC(B) Setup timeframe: 4h Trigger: 1h Medium-term: Up Long-term: Uptrend Target: June-August highs Risk: 1.2% Entry: Buy StopLongby Cherry940
The Hang Seng Index Has Risen by Over 13% in 2 WeeksThe Hang Seng Index Has Risen by Over 13% in 2 Weeks Analyzing the Hang Seng (Hong Kong 50 at FXOpen) chart, we wrote on January 30th that the price was near an important support level formed by the lower boundary (shown in orange) of a long-term channel, which has been relevant since 1995. According to Reuters, Goldman Sachs representatives noted in a client note that hedge funds were actively buying Chinese stocks – the period from January 23 to 25 saw the largest capital inflow in 5 years. As of the beginning of May, price action suggests that hedge fund purchases are justifiable – with the Hang Seng 50 (Hong Kong 50 at FXOpen) index rising by over 13% in the past two weeks. This was partly driven by: Economic stimulus from Beijing. The Hong Kong Monetary Authority's (HKMA) decision to keep the base rate unchanged at 5.75%. As reported by the South China Morning Post, HKMA's decisions correlate with the Federal Reserve's policy since 1983, reflecting the local currency's peg to the US dollar. Technical analysis of the Hang Seng (Hong Kong 50 at FXOpen) weekly chart shows signs of bullish strength: The HSI price (Hong Kong 50 at FXOpen) remains within the orange long-term channel. After fluctuations in January 2024 around the psychological level of 16,000 points, the price stabilized above this level. In mid-April, bears attempted to breach the psychological level of 16,000 points but failed. The last two closed candles on the chart were bullish, with wide bodies closing near the highs – indicating demand dominance. If bulls maintain control, the HSI price (Hong Kong 50 at FXOpen) could break above the upper boundary of the descending channel (shown in red) and open up prospects for a significant rally. Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen. CFDs are complex instruments and come with a high risk of losing your money. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen117
The Hang Seng Index Has Risen by Over 13% in 2 WeeksThe Hang Seng Index Has Risen by Over 13% in 2 Weeks Analyzing the Hang Seng (Hong Kong 50 at FXOpen) chart, we wrote on January 30th that the price was near an important support level formed by the lower boundary (shown in orange) of a long-term channel, which has been relevant since 1995. According to Reuters, Goldman Sachs representatives noted in a client note that hedge funds were actively buying Chinese stocks – the period from January 23 to 25 saw the largest capital inflow in 5 years. As of the beginning of May, price action suggests that hedge fund purchases are justifiable – with the Hang Seng 50 (Hong Kong 50 at FXOpen) index rising by over 13% in the past two weeks. This was partly driven by: Economic stimulus from Beijing. The Hong Kong Monetary Authority's (HKMA) decision to keep the base rate unchanged at 5.75%. As reported by the South China Morning Post, HKMA's decisions correlate with the Federal Reserve's policy since 1983, reflecting the local currency's peg to the US dollar. Technical analysis of the Hang Seng (Hong Kong 50 at FXOpen) weekly chart shows signs of bullish strength: The HSI price (Hong Kong 50 at FXOpen) remains within the orange long-term channel. After fluctuations in January 2024 around the psychological level of 16,000 points, the price stabilized above this level. In mid-April, bears attempted to breach the psychological level of 16,000 points but failed. The last two closed candles on the chart were bullish, with wide bodies closing near the highs – indicating demand dominance. If bulls maintain control, the HSI price (Hong Kong 50 at FXOpen) could break above the upper boundary of the descending channel (shown in red) and open up prospects for a significant rally. Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen. CFDs are complex instruments and come with a high risk of losing your money. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen116
Hong Kong Market has bottomed in Jan 2024Based on the above daily chart, I am making a bold prediction that the HSI has bottomed in Jan 2024. We can see clearly the breakout from the daily chart. What's important is the support level at 16,194, a critical support level that must be maintained ! I will be slowly accumulating this index . Also, watching banks stocks and some tech stocks as well. Please DYODD. Longby dchua1969Updated 226
ICT Long setup HK50, scalpingOur AI system detected that there is an ICT short setup in HK50 for scalping, Please refer to the details Stop loss, Supply Zone(Sell Zone), TP 1 and TP2 for take profit. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!Longby ICT_Trader_SB2
HK50According to the waves analysis we can expect that price rise again to the green zone.Shortby jalalnf2
HK50 Bearish.Bearish movement might take place . I will see how it goes. Happy trading.Shortby ellcothleoma022
That breakout from the bull flag is coming in HOT. 🔥 $HSI That breakout from the bull flag is coming in HOT. 🔥 TVC:HSI Bullish sentiment is heating up in the Hang Seng Index. The confirmed breakout can push prices to our target mapped out in the chartsLongby JK_Market_Recap3
$HSI - Could be breaking out!TVC:HSI $17,000 has been a big resistance. It is on the verge of breaking out. Once it move above 200 DMA, it could head to 18,500. NYSE:BABA AMEX:KWEB 👀 Longby PaperBozz2
Waiting for Breakout, time to Up Up Up.Based on my previous monthly chart, the trend has bottom at the hidden lines, and now switching to weekly chart, the trends has hit upper resistance. It may be a breakout for HSI to pursue further uptrend if it can maintain above the resistance line. If referring to Daily chart, the price is almost hit MA200, further up will test resistance at 18100.Longby leonggwUpdated 225
Weekly Analysis - HK50Since March 5, HK50 has been ranging between 16122 to 17101. This is mostly due to the lower volume of trade. Last week it looked like we might finally see a break thru between range; however, it still failed to close below 16122 level. This week, overall, I am bearish for HK50. However, watch out for the first day of spike up to grab more liquidity. Once the 4h candle starts to close below 16122 level, I will comfortable to enter sell, TP can be roughly 15700 level. As for buy, it might be little bit tough as we are now forming a lower low low high pattern. Thus, I will need more confirmation before I can enter a buy.Shortby howard115940
A Han Seng Index Trade Early Monday morning Hello everyone, The markets are slightly ruffled lately and there is an opportunity to short HS50 on Monday. Trend: W1: Up D1: Down H4: Down Moving Average: Below the Daily MA H4 pointing downwards Pattern: Gartley on M15 Strong resistance at 16450. Target is 16000 Double top on H1 and lots of divergence Stop loss of 40 pips and a target of 120.Shortby JD_TeenTrader1
Apr 17: Uptrend still intactWe are at a decisive point here as the drop has been at an important support. If it continues to break, we will continue with the downtrend. But the uptrend scenario is still the preferred one: with the leading diagonal and a 3-wave correction. If the bullish scenario is correct, we should have a strong bounce from here. Once it breaks above the resistance, we can confirm the bottom is in.Longby TraderBwaterUpdated 110
Big Shortdepending on market structure the price is broken the important levels on 4H TimeFrame, when the correction occurring at level 16744 will put a position at level 16621 and the first target at 16320 with suitable stop loss level. Shortby sherifmessehaUpdated 2
PERFECT Sell opportunity for HK50 - High Reward Low RiskHere is a perfect SELL opportunity for the HK50... You can see the market has not broken pass the trend line to the upside for over ONE YEAR! The other support trend line has been broken which indicates that the market will continue to head towards the downside... The current price also rebounded off the 61.8 fibonacci level which is a huge sign that the HK50 will head downwards! Shortby VIPindicators1
$HSI - It might finally breakout!TVC:HSI Looking like it will finally break above $17000 on weekly close and make a run to $19,000. Watch NYSE:BABA $KWEB. Both of them are at the critical pivot area. China's inflation data Yesterday was not good, but the index shrugged it off. It is a sign that the market might be thinking China has bottomed.Longby PaperBozz3