The red lines are losses from trades if you had SOLD SHORT when a bear market had started (-20% move off of a closing high) and reversed and GONE LONG when a bull market had started (+20% move off of a closing low).
The latest signal closed out of the only profitable trade in 5 years.
This is just an educational piece and shows how choppy the Chinese market has been in the past 5 years.
Tim 12:08PM July 8, 2015
The latest signal closed out of the only profitable trade in 5 years.
This is just an educational piece and shows how choppy the Chinese market has been in the past 5 years.
Tim 12:08PM July 8, 2015
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Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.