Because of the China issue, trust in asia stocks etc., is going down, but the intelligent invester will remember, Philippines is not China. As things are improving under the Marcos regime, it's best to be among the few who buys in now and hold for a net profit early.
Yuan only has one problem. Will the Chinese economics be able to pay investors? Because of the ongoing issues, this has yet to happen. So for now, it is safer on the side of long until Chinese businesses shows foreign investment good faith by paying off investors what they owe.
Because of China business failure to deliver, i can only see it as a risky option. But they could turn it around if they are able to pay off their debts. And probably by keeping their hands off the territories of other countries. One thing for now is China yuan is going down.
Current price including inflation is that of 2021. And as a consistent dividend stock; such is something worth buy and holding, especially since price has been at a discount because due to China yuan losing value, in effect causing lower prices for asia stocks of which whom are not in anyway related to China.
Versus usd, because of the recent stance of country's like Philippines standing against China in the west Philippine sea issue; other countries who has interest related to and who are against China may make a move against the yuan.
Monday didn't win but tuesday to thursday did well. The monthly is bullish for now So looking forward to another week. Where we focus on riding the wave of the majority
3 out of 3 this week. The model is simply ring high or ring low taking the 4h. Will be keeping an eye for more reversal models.
Not bad. We had a good week if we followed tokyo box where range is tokyo open to close and simply buying or selling based on the range. And if you did trail stop, you may have gotten more
Adding trendlines, you would have seen the bigger picture and the market structure taking your gains. With this in mind, utilize it to know if your pair may decide to bounce back. Very good and eventful result.
There is a monthly imbalance here, meaning sometime int he future, price may go up. Of course there will be a lot of volatility of ups and downs in the short term that we need to hurdle, but this one takes the cake. So far, businesses are back. People are going to school and work. The basic transportation, electricity, food, clothing and shelter demand is...
When something is undervalued, it's best time to buy. Price is at the monthly zone and may soon zoom up again.
Because of dividends and for long term hold; This is the best time to get in delm.
Not losing money isnt bad. Measure 1h range after ny opening. Take the breach at 1 to 1 r size of range.
3 wins 2 loss, 1 r. Breach of 1h bar after opening for a 1 to 1 range sl tp.
Rare for euro to bave 0 profit. But it happens. We await next week.
No profit this round. We a wait next week. Not losing money is a good sign.
Odds were not in our favor this week. But with prudent money mgt, you would only lose 1r. Week done, prep for next week.