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Hong Kong 50 Index
Long
Updated

A Glimpse of Optimism for Chinese Stocks

190
Fundamentals & Sentiment

HK50:
- Swap program aimed at supporting the stock market
- NBS PMIs Beat

USD:
- Risks: Upcoming Elections

Technical & Other

  • Setup: S(RTF)
  • Setup timeframe: 1h
  • Trigger: 15m
  • Medium-term: Range
  • Long-term: Up
  • Min target: Local high
  • Stop loss: 0.68%
  • Position size: 0.5 of the normal Risk Unit

Trade closed: stop reached
-1R
Trade active
Reentered
Trade closed: stop reached
-1R; ChinaA50 wasn't going up either - not the best environment to look for the rebound on optimism. I was also impatient with the trigger: entered, though it hasn't reliably closed above the DMA(10). Unnecessary trade.
Cherry94
Also on:
Beyond Technical AnalysisChart PatternsFundamental Analysis

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.
Beyond Technical AnalysisChart PatternsFundamental Analysis
Cherry94
Also on:

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.