This operation is shown only to those who possess an account denominated in US dollars. The currency is still pegged (7.75 per US dollar) in a very narrow band of fluctuation, the maximum may fluctuate 1.27%. But if the Hong Kong Government will reassess the HKD the gains could easily be 15% or more. The best way to invest in this scenario is buying a bond of the...
Very clear how the Time at mode downtrend signal here predicted the end of the decline in time... Now we have a long signal, and it's likely to return to the 7.79 handle. If you can trade this pair and margin requirements don't kill you, you can go long at market with stops under yesterday's low. If interested in my trading signals, or in personal tuition,...
I don't know why but whatever
FIRST TARGET: GREEN LINE SL if it closes under the red line in the 15 m chart i dont know why people bother so much with TECHNICAL ANALYSIS after Benoit Mandelbrot. so many lines and indicators! how can u guys see the PRICE?
Usally not at all a pair im looking at but i just random clicked on it and we are currently approaching a good oppurtunity so whatever. this spike we saw last week was the biggest spike since 2012. those kind of spikes often happen in lowpriced lowtraded stocks. they spike up multiple 100% for 1 day or 2 and then fall down to where they came from. if you look at...
Democracy is a great thing... You could put a sell limit order somewhere near the top! Just use a WIIIDE stop, and trade small.
Friends, A very quick synopsis on the $USD v. $HKD. There is a potential 5-point completion of a Wolfe Wave v. Geo completion as illustrated in the following chart: The Wolfe Wave exists irrespective of internal geometries that construct its outer geometric shell (See Mr. Bill Wolfe's www.WolfeWave.com site for an introduction to his pattern), whereas...
Much of China's financial interaction with the global economy is through Hong Kong. That said, the 'intervention panic' seems to be moderating on USDHKD.